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  1. #931
    Speedy Az winner69's Avatar
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    Quote Originally Posted by couta1 View Post
    It's not a long term hold for me so I'll take any reasonable offer and be thankful.
    Same with me

    Even if sale doesn't happen MET hasn't got enough 'love' to ever make it attractive ...... even though its seducing some by its hidden beauty

  2. #932
    Speedy Az winner69's Avatar
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    That rumour NBR spread yesterday hasn't done much to price today

    GOTTA BUY MORE MET is a better ramp

  3. #933
    Legend Balance's Avatar
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    Quote Originally Posted by winner69 View Post
    That rumour NBR spread yesterday hasn't done much to price today

    GOTTA BUY MORE MET is a better ramp
    Looks highly suspicious that it's a plant by someone trying to get out?

  4. #934
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    Same with me

    Even if sale doesn't happen MET hasn't got enough 'love' to ever make it attractive ...... even though its seducing some by its hidden beauty
    "I can't help but refer back to my 5 year analysis which showed average growth in underlying profit across 2 stages of the property cycle of 15% per annum, better than RYM's underlying profit growth over the same period". The facts and numbers suggest their track record is actually very good. Maybe its a much overlooked diamond in the rough ? House price growth expectations looking very positive going forward. https://www.scoop.co.nz/stories/BU19...pectations.htm
    Last edited by Beagle; 19-12-2019 at 10:46 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

  5. #935
    Legend peat's Avatar
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    its spilled
    $6.50 offer rejected
    Last edited by peat; 19-12-2019 at 03:20 PM.
    For clarity, nothing I say is advice....

  6. #936
    ShareTrader Legend Beagle's Avatar
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    https://www.nzx.com/announcements/346335
    Offer could easily be revised and / or one or both of the other interested parties could table an offer.
    Holding.
    Last edited by Beagle; 19-12-2019 at 03:31 PM.
    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

  7. #937

  8. #938
    IMO
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    Update on Takeover After careful consideration, the Metlifecare Board has formed a view that the value per share of the company is above the price of the revised NBIO. The valuation of the company is particularly sensitive to house price inflation (HPI) and construction cost inflation. Depending on the assumptions adopted, the valuation ranges to in excess of $8.00 per share.Following confidential institutional soundings, a binding offer at $6.50 per share is unlikely to be supported by the requisite majority of shareholders voting. In particular, the Accident Compensation Corporation, Nikko Asset Management, and Generate have advised they would vote against such an offer.
    Last edited by Joshuatree; 19-12-2019 at 03:29 PM.

  9. #939
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    S/P heading up atp. $6.50 new floor?

  10. #940
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    Probably dead in the water, no way anyone's going to pay $8 plus for this, they are kidding themselves.

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