NZX - NZ Exchange

[iceman]

Or is just another case of Mark weldon Envy.

I don't think people complaining about this utterly useless new website has anything to do with "Mark weldon envy". Investors just want easy access to information through the NZX website, something that is much harder to do since they changed their website.

[Balance]

Or is just another case of Mark weldon Envy.

It is indeed Mark Weldon envy.

By any measure (save monopoly profits at the expense of a vibrant and growing stock market), the NZX has gone backwards and downhill but Mark gets a big share of that monopoly profit - so very very envious.

NZ is already paying the price and future generations will continue to pay the price as all the rewarding and well-paying jobs and opportunities in the financial sector disappear overseas.

Think about it.

[POSSUM THE CAT]

Mark Weldon seems to get bonuses for reducing the size of the company, look at the number of companies listed on the NZX now compared with the number listed when he took charge of the NZX. In 1998 the NZ Herald had over A page of Financial listings. N ow it is lucky to have a Quarter of a page of NZX listings

[_Michael]

Mark Weldon seems to get bonuses for reducing the size of the company, look at the number of companies listed on the NZX now compared with the number listed when he took charge of the NZX. In 1998 the NZ Herald had over A page of Financial listings. N ow it is lucky to have a Quarter of a page of NZX listings

This comment is so stupid that it does not belong in the forum.

NZX Limited has grown EBIT from a loss-making state owned dog ten years ago to diversified cash cow that is not just reliant on listings and earns EBIT of $16m

The lack of listings has been structural in many other countries including US where there was also a decline.

Australia have been more lucky as every Australian has been saving 8% of their income for the last 20 years. All of that has been going into the share market and connecting with entrepreneurs who need capital.

Weldon has diversified revenue streams our of necessity because ignorant tall poppy syndrome types like Possum have refused to save their money and invest in Kiwis with entrepreneurial vision like Weldon.

What have you done lately Possum to contribute to the strengthening of our markets and the prosperity of our country? Should we leave this task up to one person and then criticize them for not achieving it?

Reading these forums it is really no surprise we are going backwards. Very sad indeed...

[Joshuatree]

Excellent post Mike with true words. Ive made great money out of NZX (and intend to again) because of Mark Weldons leadership in modernising and rejuvenating NZX. Ironic that so many of the brokers (the old boys group) had tall poppy problems with Mark and the NZX that they sold their Free NZX allocations early and missed the fab gains; what does that say about their stockpicking skills

[Joshuatree]

No wonder NZ is such a deadbeat nation.[/QUOTE] Does this sound BALANCED

[POSSUM THE CAT]

Michael The NZX is a service company. And it has sacrificed service for profit eventually it will disintegrate. The high fees have IMO sent several brokers to the wall & other companies to list on other exchanges. 90% of my share investing is now on the ASX as there is F/All left on the NZX. I do not wish to repeat myself on my opinion of Mark Weldon, Please note the ASX is not listed on the ASX

[Titus]

This is something from the website I find hard to understand ...

"Interactive charts not supported in this browser. Please consider Google Chrome or Firefox."

WTF?

So they can support Chrome and Firefox (who the hell uses that?), but they can't support IE9? Guess I will have to stick with ASB securities' much more user friendly website (which does support Explorer).

[Titus]

Highly unlikely it would be an in-house job. It would be pointless having fulltime paid staff to manage a website when there are so many capable web developers out there who know how to get the job done properly. The NZX site does have a certain "clunkiness" to it though. Maybe they bought cheap, got cheap?

[minimoke]

It would be pointless having fulltime paid staff to manage a website when there are so many capable web developers out there who know how to get the job done properly. The NZX site does have a certain "clunkiness" to it though. Maybe they bought cheap, got cheap?

Thats never stopped many companies doing stuff in-house because they have no understanding of the value external experts can bring.