Abano shareholders ask: Where have all the profits gone?
Good story in the NBR
Abano shareholder asks - Where has my long weekend gone? What a stupid day to request an important meeting - the Friday before Queens Birthday weekend, the last long weekend before winter sets in. Maybe this is part of their plan. The less people who attend, the less to potentially vote against them.
Pleased I sold out on 28-11-2013 at $7.20 thanks to Winner69's post that the takeover would not go ahead.
Since then I have not had reason to buy back in.
Ugly and messy!!!
Resounding no vote today.Only re 0.78 of a % was voted in favour of Hutson and reeves resolution to remove chairman Janes. They are painted as greedy self interested parties; anyone disagree?
Resounding no vote today.Only re 0.78 of a % was voted in favour of Hutson and reeves resolution to remove chairman Janes. They are painted as greedy self interested parties; anyone disagree?
No agree.
I think NZ Sharehoders Assn have done a lot of very good work.Not just for ABA shareholders,but showing the strength of their voice, means a better market place for us private investors.
2014 financials are out and looking good - at the top end of predictions. 75% NPAT growth (admittedly based on a quite meagre 2013); total 2014 dividend - 21 cts; Expecting further growth for 2015.
Pleased I used the recent share price dip to buy some more, but annoyed that I could have bought still more and didn't, wouldn't expect after these results the $6.00 to return anytime soon again - ah well, you can't win them all ...
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