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18-10-2011, 04:32 PM
#10951
Notice that ACC bought ANOTHER 950,000 yesterday. Hmmmmmmmmmmmmmmmm...........
"The opposite of courage is conformity" - Rollo May
“Those who make peaceful change impossible, make violent change inevitable.” - John F. Kennedy
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18-10-2011, 04:45 PM
#10952
Originally Posted by pietrade
Notice that ACC bought ANOTHER 950,000 yesterday. Hmmmmmmmmmmmmmmmm...........
I think we can take it Balance does not work as an investment manager for ACC. !!!!!
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18-10-2011, 05:06 PM
#10953
Member
Originally Posted by pietrade
Notice that ACC bought ANOTHER 950,000 yesterday. Hmmmmmmmmmmmmmmmm...........
I hope that is a good sign, but ACC are not clairvoyant. They were into ALF at one stage IIRC.
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18-10-2011, 11:07 PM
#10954
There was talk a while back about Genesis selling out of their downstream assets. I wonder if NZO is considering a bigger stake in Kupe? They'll certainly need more than a $100m though.
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19-10-2011, 12:22 PM
#10955
Member
Originally Posted by pietrade
Notice that ACC bought ANOTHER 950,000 yesterday. Hmmmmmmmmmmmmmmmm...........
The SSH for ACC also reveals they have bought 4.5million NOG over last couple of months, now holding 8.5%
ACC were heavily into Pike too, with about 5%
I match your Hmmmmmmmmmmmmmmmmm and raise you another Hmmmmmmmmmmmmmmmmmmmmmmmm
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19-10-2011, 12:53 PM
#10956
Originally Posted by Mr Tommy
The SSH for ACC also reveals they have bought 4.5million NOG over last couple of months, now holding 8.5%
ACC were heavily into Pike too, with about 5%
I match your Hmmmmmmmmmmmmmmmmm and raise you another Hmmmmmmmmmmmmmmmmmmmmmmmm
They have also supported the Energy Mad IPO. ACC isn't shy in supporting NZ business even if the intial business case doesn't look that flash. Doesn't matter though. As we have seen if things go wrong for ACC they just put up their premiums. Therefore it is is all of NZ who are underwriting ACC's play's.
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19-10-2011, 06:19 PM
#10957
Originally Posted by Mr Tommy
The SSH for ACC also reveals they have bought 4.5million NOG over last couple of months, now holding 8.5%
ACC were heavily into Pike too, with about 5%
I match your Hmmmmmmmmmmmmmmmmm and raise you another Hmmmmmmmmmmmmmmmmmmmmmmmm
OK........I'll see ya.
"The opposite of courage is conformity" - Rollo May
“Those who make peaceful change impossible, make violent change inevitable.” - John F. Kennedy
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19-10-2011, 07:41 PM
#10958
So where's the Tui update?
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19-10-2011, 08:57 PM
#10959
Originally Posted by Mr Tommy
Yep that worries me.
Back in July the Tui field was downgraded after "preliminary work". The statement also said:
An independent review of the reserves estimate is being undertaken by
RPS Energy Pty Ltd (RPS). The RPS review is anticipated by AWE to be
completed in early August 2011. A finalised 2P reserves estimate will be
advised after the Joint Venture and RPS review has been completed.
Whats happened with this other review? Notie was hinting the other day AWE were keen to get out of Tui.
NOG's sp dropping away, based upon history, suggests a bad announcement coming out soon. Starting to look like it's another Tui downgrade?
Tui was upgraded 3 times (rather nicely timed for NZO to obtain over $180m of cash from shareholders at $1.50 per share) so are we now looking at 3 downgrades?
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20-10-2011, 09:00 AM
#10960
Member
Originally Posted by Balance
NOG's sp dropping away, based upon history, suggests a bad announcement coming out soon. Starting to look like it's another Tui downgrade?
Tui was upgraded 3 times (rather nicely timed for NZO to obtain over $180m of cash from shareholders at $1.50 per share) so are we now looking at 3 downgrades?
Well AWE has been ticking up over the last month, but then Tui is only a small bit for them
Chris Roberts - is there any info on when the RPS review of Tui will be announced ???
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