sharetrader
Page 61 of 61 FirstFirst ... 11515758596061
Results 1,201 to 1,212 of 1212
  1. #1201
    Junior Member
    Join Date
    May 2012
    Posts
    2

    Default King of the castle ..

    Quote Originally Posted by Balance View Post
    https://www.nzx.com/regulators/NZXR/...cements/288133

    And what will the FMA and NZX do with yet another late filing by PGC?

    Playing right up to Georgie Porgie's intentional snub of all and sundry by suspending the shares so minorities are yet again disadvantaged.

    Bloody jokes - FMA and NZX.

    Interestingly no NZ media appear to have run with this one - "Tort of Con!spiracy" http://www.theaustralian.com.au/busi...9c2749954d3f37

    quote - New Zealand businessmen *George Kerr and Russell Naylor have launched legal action in the Cayman Islands accusing fund managers and two New Zealand government bodies of an unlawful conspiracy to remove them from running a fund caught up in the Van Eyk collapse.

    The lawsuit, the latest in a blizzard of litigation enveloping the Van Eyk saga, names as conspirators Sydney funds management group Millinium, Millinium director Tom Wallace, New Zealander Greg Marshall, who runs Logic Fund Management, Crown Asset Management (CAML), the Accident Compensation Corporation of New Zealand (ACC) and its investment manager Nicholas Bagnall.
    Mr Marshall declined to comment and Millinium and CAML did not respond to inquiries.
    An ACC spokeswoman said the allegations against it and Mr Bagnall were “wholly unfounded” and the claim was “an abuse of process and without merit”.

  2. #1202

  3. #1203
    Advanced Member
    Join Date
    Dec 2009
    Location
    Eastern BoP..
    Posts
    1,810

    Default

    Indeed. " What a tangled web we weave when we practice to deceive? " springs to mind.
    Last edited by janner; 03-05-2017 at 03:03 PM.

  4. #1204
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    14,539

    Default

    https://www.nbr.co.nz/article/suprem...ppeal-b-205330

    Time for Georgie Porgie to fork over the A$30m of late payment fees now that the court process has come to a conclusion.

    All up, it has cost him (via PGC and Torchlight etc) over A$32.5m for a A$37m 6 months loan.

    Karma - as Georgie Porgie gouged from others (eg. Epic), in turn he has been super-gouged.

  5. #1205
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    14,539

    Default

    https://www.nzx.com/companies/PGC/announcements/306371

    NTA down to 32c.

    Georgie Porgie sure knows how to turn diamonds into coals!

  6. #1206

  7. #1207
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    29,477

    Default

    Balance ....looks like George has had a bit of a win

    http://nzx-prod-s7fsd7f98s.s3-websit...678/282583.pdf
    When investors are euphoric, they are incapable of recognizing euphoria itself.

  8. #1208
    Banned
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,179

    Default

    Might pick me up some if the prices remain around these levels. Plenty of upside potential in this one.

  9. #1209
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    14,539

    Default

    Quote Originally Posted by winner69 View Post
    Balance ....looks like George has had a bit of a win

    http://nzx-prod-s7fsd7f98s.s3-websit...678/282583.pdf
    He will be celebrating with the last of his psychogenic-ally affected mates, shining torchlights down the black holes Georgie cleverly built to hide his talents for destroying his ancestors' wealth?

  10. #1210
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    14,539

    Default

    https://www.nzherald.co.nz/business/...ectid=12149426

    Soon to become Richina Pacific II.

  11. #1211
    Member
    Join Date
    Jun 2011
    Posts
    43

    Default

    At the Special Meeting of Shareholders held on 31 October 2018, PGC received overwhelming support to delist from NZX and to list on The International Stock Exchange (“TISE”) in Guernsey, where the company is domiciled.Listing on TISE is not expected to have any detrimental impact on the tradability of PGC shares.The final day of trading on the NZX will be Friday,16 November 2018 prior to being suspended at close of business. PGC will be delisted and its ordinary shares will cease to be quoted from close of business on Tuesday 20 November 2018.In accordance with the previously circulated Notice of Meeting, shareholders have a number of options for both before and after the delisting on the NZX and subsequent listing on TISE:
    1. 1. Shareholders can sell their shares on the NZX prior to delisting.


    1. 2. Shareholders can move their shares to the Guernsey register to be held in a certificated manner or deposited in your account with your broker/participant in CREST.


    1. 3. Shareholders can do nothing in which case the New Zealand Share Register is closed and shares are automatically transferred to a Sub-Register. PGC has appointed Link Market Services Limited to provide the register services. Shareholders that wish to sell their share or move their shares at a later date, will be able to do so on this website to complete the sale or transfer instruction.


    Can someone please explain to me option 3? ive never been in this situation before and not sure if i should sell on the nzx(for a loss) or continue to hold and be able to sell somewhere???

    Help! :-)

  12. #1212
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    14,539

    Default

    https://www.nbr.co.nz/story/bnz-calls-kerr-collateral

    Pyne Holdings Ltd (holding company of PGC) in receivership.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •