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01-11-2009, 11:47 AM
#121
Originally Posted by Anna Naum
As stated in a number of press reports, the brokers need Myer to go well as they have a lot more rubbish to sell.
Correction - my disagreement is re this comment of yours. Whether Myer goes well or not is irrelevant - the sellers are happy and the brokers have their commission.
Those who bought in are aware that the PE sellers made 6X their money and good on them.
I do not think that the brokers and sellers give a stuff after they have their money in the bag - the punters will keep coming back for more as they have short term memories. Has been, will be and forever.
Last edited by Balance; 01-11-2009 at 11:55 AM.
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01-11-2009, 12:12 PM
#122
I think A N's point is that " how the Myer float goes" will have some effect on the strike price arrived at for the KAT float. Let's see what happens when Myer starts trading.
I agree with that.
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01-11-2009, 01:24 PM
#123
Originally Posted by macduffy
I think A N's point is that " how the Myer float goes" will have some effect on the strike price arrived at for the KAT float. Let's see what happens when Myer starts trading.
I agree with that.
The more negative Myer IPO goes, the better for the price-setting of KAT. The lower the better.
Then, it's Ozzy, Ozzy, Oink, Oink, Oink if the KAT promotors are to be believed that the Australians cannot get enough of this company.
Omens for good listing of Myer are not good however.
Last edited by Balance; 01-11-2009 at 01:28 PM.
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01-11-2009, 01:41 PM
#124
250 point fall..
[QUOTE=macduffy;279892]I think A N's point is that " how the Myer float goes" will have some effect on the strike price arrived at for the KAT float. Let's see what happens when Myer starts trading.
WITH USA having a big fall Friday and we mite have a blood bath tomorrow with or without
Myer what KIWI`s don't understand now is the super money hanging around Oz has changed the way of life there is NO logic any MORE..
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01-11-2009, 01:47 PM
#125
[QUOTE=BRICKS;279894]
Originally Posted by macduffy
I think A N's point is that " how the Myer float goes" will have some effect on the strike price arrived at for the KAT float. Let's see what happens when Myer starts trading.
WITH USA having a big fall Friday and we mite have a blood bath tomorrow with or without
Myer what KIWI`s don't understand now is the super money hanging around Oz has changed the way of life there is NO logic any MORE..
250 pts fall is a bloodbath?
What do you call a market that has gone up over 70% since March 2009 then? Have we seen you describe the market going up?
The SKY IS FALLING!
Last edited by Balance; 01-11-2009 at 01:48 PM.
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01-11-2009, 02:12 PM
#126
Your hate is showing..
[QUOTE=Balance;279896]
Originally Posted by BRICKS
250 pts fall is a bloodbath?
What do you call a market that has gone up over 70% since March 2009 then? Have we seen you describe the market going up?
The SKY IS FALLING!
THE market is a day to day affair and tomorrow is down only effects people who want to SELL..
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01-11-2009, 04:04 PM
#127
[QUOTE=BRICKS;279897]
Originally Posted by Balance
THE market is a day to day affair and tomorrow is down only effects people who want to SELL..
My pick is that Myer will struggle to hold $4.00 tomorrow. Too many Australasian institutions staying clear and too many retail investors going for a punt.
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01-11-2009, 06:26 PM
#128
So what..
[QUOTE=Balance;279910]
Originally Posted by BRICKS
My pick is that Myer will struggle to hold $4.00 tomorrow. Too many Australasian institutions staying clear and too many retail investors going for a punt.
AND who really CARES..
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01-11-2009, 08:00 PM
#129
[QUOTE=BRICKS;279919]
Originally Posted by Balance
AND who really CARES..
LOL - so what are you doing on this thread?
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01-11-2009, 09:31 PM
#130
Member
[QUOTE=Balance;279910]
Originally Posted by BRICKS
My pick is that Myer will struggle to hold $4.00 tomorrow. Too many Australasian institutions staying clear and too many retail investors going for a punt.
so anyone in for a short on Myers tomorrow? It will be a down day as the asian markets follow through on Fridays drop on Wall Street. Hard to see Myers holding up in this enviroment.
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