MET - Metlifecare - one for the fundies?

[Scrunch]

I'd need more context to evaluate but my point is that some stuff REALLY blows out, and until the work is completed no 20% contingency line item is sufficient to cover the risk. Especially with leaky stuff.

As they have been progressively addressing this problem for a while the estimate should be based on some good actual cost data. That said I don't know if the provisioning is light, pretty accurate or over done.

[winner69]

Deal Sure to be announced pre-open

Had a great afternoon with mates Friday afternoon and forgot about topping up on MET

Will be expensive distraction missing out on the $1.50 per share gain

[Baa_Baa]

Deal Sure to be announced pre-open

Had a great afternoon with mates Friday afternoon and forgot about topping up on MET

Will be expensive distraction missing out on the $1.50 per share gain

Already up $1.85, so another $1.50 would be quite the windfall over 3 months.

[winner69]

Already up $1.85, so another $1.50 would be quite the windfall over 3 months.

Winner Analytics Ltd report to Mr Couta was just a few days prior to the takeover story broke

Got in at $5.20 odd so haven’t reaped the $1.85 you mention ...that was for clever guys like you and beagle

But another $1.50 will be OK

[peat]

Deal Sure to be announced pre-open

sounds a bit flippant
(and not to be relied on)?

any particular reason for saying it other than having something to say?

more chances to fill yer boots up today then!

[winner69]

sounds a bit flippant
(and not to be relied on)?

any particular reason for saying it other than having something to say?

more chances to fill yer boots up today then!

Deals are often completed over the weekend and I’m sure if serious they want a Xmas break

And as I said I was going to miss out in filling me boots up because of distractions

But it didn’t happen so filling me boots this morning

Then again IT may never happen

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...571/312210.pdf

Original announcement was 3 weeks ago today.
My view on this is the longer negotiations go on and working groups and investment bankers work on this the greater the chance a deal will happen.

Have to concede I was also hopeful of an announcement this morning but the above posted on 11 December is still my view.
Disc: I topped up a few more on Friday last week.

[winner69]

Share price looking good today, especially in light of overall sector weakness.

[Balance]

Share price looking good today, especially in light of overall sector weakness.

Moving north of $6.00 now - word starting to get out?

[Beagle]

Moving north of $6.00 now - word starting to get out?

You beat me to it, I was just thinking exactly the same thing.