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  1. 03-07-2020, 11:04 AM #2781
    Beagle
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    https://www.nbr.co.nz/story/hong-kon...care-ultimatum

    I am not going to support any deal under $6.35. I am also not going to support a multi year legal action which may or may not be enforceable in an overseas legal jurisdiction with completly unknown costs and outcome.
    I would support and vote for the removal of Ellis.
    "A shareholder group led by a Hong Kong hedge fund has submitted a draft resolution calling for the removal of Metlifecare chair Kim Ellis unless the company resumes sales talks with private equity firm EQT, NBR understands
    Last edited by Beagle; 03-07-2020 at 11:06 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  2. 03-07-2020, 11:46 AM #2782
    winner69
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    Quote Originally Posted by Beagle View Post
    https://www.nbr.co.nz/story/hong-kon...care-ultimatum

    I am not going to support any deal under $6.35. I am also not going to support a multi year legal action which may or may not be enforceable in an overseas legal jurisdiction with completly unknown costs and outcome.
    I would support and vote for the removal of Ellis.
    Thought you would want Kim on your side .....after all he thinks MET is worth north of 8 bucks and not going tp ‘give’ the company away.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  3. 03-07-2020, 12:09 PM #2783
    Beagle
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    Underwhelmed probably best describes how I feel about how the directors have "managed" this fiasco from its inception to now.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  4. 03-07-2020, 12:37 PM #2784
    macduffy
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    Quote Originally Posted by Beagle View Post
    https://www.nbr.co.nz/story/hong-kon...care-ultimatum

    I am not going to support any deal under $6.35. I am also not going to support a multi year legal action which may or may not be enforceable in an overseas legal jurisdiction with completly unknown costs and outcome.
    I would support and vote for the removal of Ellis.
    That's pretty much my position, too.
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  5. 03-07-2020, 02:09 PM #2785
    winner69
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    Almost unanimous (on ST) Kim needs to resign over the weekend.

    Surprised it’s taken him so long to work out he’s a distraction (as Clark said yesterday)

    Things are so bad even $6 would be a tremendous price to get .....hope I’m not left holding this dog if no deal....not much long term upside from here.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  6. 03-07-2020, 02:17 PM #2786
    peat
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    Quote Originally Posted by winner69 View Post

    Things are so bad even $6 would be a tremendous price to get .....hope I’m not left holding this dog...
    such a dog

    Attachment 11746
    For clarity, nothing I say is advice....
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  7. 03-07-2020, 02:23 PM #2787
    Beagle
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    Just noticed on the chart its broken up through the 100 day MA. Big volume today. New deal to be brokered over the weekend ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  8. 03-07-2020, 02:27 PM #2788
    Balance
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    Quote Originally Posted by Beagle View Post
    Just noticed on the chart its broken up through the 100 day MA. Big volume today. New deal to be brokered over the weekend ?
    MET directors really need to announce something.

    After market close today?
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  9. 03-07-2020, 02:30 PM #2789
    winner69
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    Quote Originally Posted by peat View Post
    such a dog

    Attachment 11746
    Cool chart ...love it ..might look better next week ....hope so

    Take out takeover stuff and it would look a bit sick .....and if no takeover continue to do so.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  10. 03-07-2020, 03:25 PM #2790
    winner69
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    Quote Originally Posted by Balance View Post
    MET directors really need to announce something.

    After market close today?
    An up day — a 2 mill plus trade as well as a few other sizeable trades but heaps of small trades keep the upward trend going.

    Yep Bal, might get that announcement late this afternoon .....but I think the stubborn one will mull on it over the weekend,
    Last edited by winner69; 03-07-2020 at 03:59 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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