-
14-12-2018, 11:17 AM
#451
very strange purchase for a company that hasn't exactly set itself on fire imo .
IMO $110 million purchase for a company that is going where , offshore, to expand !
Last edited by whatsup; 14-12-2018 at 11:25 AM.
-
14-12-2018, 11:44 AM
#452
Originally Posted by winner69
Amazing return for those who jumped on board below 110 in August after that last results announcement
Shane to see them leave the bourse ....always good reading their presentations even with a lot of derision
Percy me old mate .....Who would have thought that one would get such a windfall from such a dog company in such a short time.
Lesson to all .....one should not always be led by past perceptions and totally reject investing/speculating on dog stocks. Sometimes tigers can change their stripes or whatever the saying is
Good stuff as another old NZX stock leaves ....Mercer next ha ha
Funny enough I was looking at MVN yesterday and thought the sp was looking very weak.
Same thing happened last year with OIC.
Just when I have my doubts,out of the blue another takeover comes along.l
Lucky.?
Mercer,well no.
-
14-12-2018, 01:30 PM
#453
Sold my MVN today....Most probably add to my HGH.
-
14-12-2018, 03:06 PM
#454
Nice to have a sudden burst of green to counter the recent continuous drip of red.
Makes today worth waking up for.
-
14-12-2018, 08:34 PM
#455
Not bad going for 6 weeks' investment. Nice change indeed
-
14-12-2018, 08:49 PM
#456
Originally Posted by percy
Sold my MVN today....Most probably add to my HGH.
If I needed the cash for a better opportunity I would join you in selling, but I'm finding it difficult to find any good stories on the NZX (in this current market) to justify selling just yet.
8.5% for holding for a few more months is a better return than the bank.
-
14-12-2018, 09:39 PM
#457
Originally Posted by McGinty
If I needed the cash for a better opportunity I would join you in selling, but I'm finding it difficult to find any good stories on the NZX (in this current market) to justify selling just yet.
8.5% for holding for a few more months is a better return than the bank.
The following words in the announcement gave me cause for concen,as they have held up the coolstores sale by SCL, and the seed division sale of PGW;
"the NZ Overseas investment Office."
I believe a quick result takes a least several months.
Exchanging one MVN share for one HGH share appeals to me.HGH's half year result is due early February, and I am expecting it will be solid,with a fully imputated dividend payable 1st April..Swapping one low conviction share for one high conviction share.
ps.Helps to keep my average buy in price for HGH around $1.00....lol.
Last edited by percy; 15-12-2018 at 07:24 AM.
-
14-12-2018, 09:40 PM
#458
Originally Posted by McGinty
If I needed the cash for a better opportunity I would join you in selling, but I'm finding it difficult to find any good stories on the NZX (in this current market) to justify selling just yet.
8.5% for holding for a few more months is a better return than the bank.
I agree with you McGinty, not only holding a few months will pay you an extra 8.5% on todays closing price if this present offer goes ahead but there is also a chance of an improved future offer.
I think MVN has changed for the better, it has a new building it operates in and increased efficiencies which are only starting to show now.
MVN also has a very energetic management team.
I talked to the operational manager at the last AGM, he said that he could triple production with adding only a few employees and no extra factory space.
I will be sorry to see it leave in NZX before it can show it's potential.
-
26-02-2019, 01:32 PM
#459
[QUOTE=percy;741273]The following words in the announcement gave me cause for concen,as they have held up the coolstores sale by SCL, and the seed division sale of PGW;
"the NZ Overseas investment Office."
I believe a quick result takes a least several months.
Must be a record.OIO has approved the sale.
-
26-02-2019, 01:54 PM
#460
[QUOTE=percy;749046]
Originally Posted by percy
The following words in the announcement gave me cause for concen,as they have held up the coolstores sale by SCL, and the seed division sale of PGW;
"the NZ Overseas investment Office."
I believe a quick result takes a least several months.
Must be a record.OIO has approved the sale.
I would have preferred if OIO would have declined this time.
Just when the company is turned around its likely to disappear from the NZX.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks