View Poll Results: Will you accept the terms of the current BLU020 restructure?
- Voters
- 223. You may not vote on this poll
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No, the terms are unfair and I will reject them at the meeting
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While I have reservations about terms, I see there is no choice but to accept them.
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I find the terms fair and reasonable, I will accept them.
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10-09-2010, 05:03 PM
#111
Member
PMP is looking to challenge Geon and Blue Star in the New Zealand sheetfed market following the $2.4m (NZ$3m) investment in the country's first 10-colour Heidelberg Speedmaster SM 102 with CutStar this was back in may
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15-09-2010, 12:00 AM
#112
Member
it appears the its only worth $16 million not $40 million
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15-09-2010, 10:00 AM
#113
Originally Posted by sleepdog
it appears the its only worth $16 million not $40 million
Why do you say that?
Thanks,
Alan.
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15-09-2010, 05:28 PM
#114
Member
Originally Posted by Alan3285
Why do you say that?
Thanks,
Alan.
check out PRINT 21 there's an article about
ACP mega magazine ten year print tender
Tuesday, 14 September 2010
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16-09-2010, 01:26 PM
#115
Member
Bond holders
Originally Posted by sleepdog
check out PRINT 21 there's an article about
ACP mega magazine ten year print tender
Tuesday, 14 September 2010
While the total number of bond holders was in decrease now 70 people (68 last year and 63 in 2008) hold 100,001+ bonds each, accounting for 39% of total bonds.
It seems that small bond holders tend to give up and large holders stick with, believing or hoping Blue Star would recover in the future.
For those who recently bought bonds at 20 cents there is little to worry about. Getting 20 cents back would not be difficult if Blue Star goes to receivership because writing off its intangible assets would still see assets = liability.
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22-09-2010, 12:01 PM
#116
Member
yet another print company bites the dust Goanna Print is the latest print company to fail
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22-09-2010, 12:26 PM
#117
Originally Posted by Newman
At current price (15 cents) the bonds, however, could be worth to buy. If lost it is just 15 cents. If you have the good luck you migh get back 50 cents.
The casino has better odds, if black or red comes up twice in a row, your 15 cents would be 60 cents.
~ * ~ De Peones a Reinas ~ * ~
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22-09-2010, 12:32 PM
#118
Originally Posted by Resident Mathematical Genius
The casino has better odds, if black or red comes up twice in a row, your 15 cents would be 60 cents.
Good thinking - Extrapolating your 'analysis' the lottery is better than the casino though: PowerBall only has to come up once, and your return is hundreds of thousands times.
Alan.
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19-10-2010, 11:59 PM
#119
Member
a wise man once told me if you sell a $1 for 95c you will go broke
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29-10-2010, 02:17 PM
#120
Member
More chance than winning a lottery
Originally Posted by Alan3285
Good thinking - Extrapolating your 'analysis' the lottery is better than the casino though: PowerBall only has to come up once, and your return is hundreds of thousands times.
Alan.
Private Equity CHAMP (Blue Star Group's ultimate parent) sold "Study Group" in July 2010 for $660 m. It was bought in September 2006 at $176 m.
Giving the stabilisation of economy and printing business in Australia and NZ, I would think the chance of getting money back from BLU020 bonds is definitely greater than winning a lottery. Indeed, the bonds are traded at $0.28 today, compaed with $0.18 a few weeks ago!
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