NZX - NZ Exchange

[Lola]

http://nzx-prod-s7fsd7f98s.s3-websit...420/296159.pdf

And these are the 'bright' lights to steer NZ capital markets into a bright future.

Unfortunately, a few on the Committee are already blown bulbs (ex-NZX director eg who supported Weldon's gross mismanagement and pillage of NZX) so already is a clear waste of time.

Back to the future, folks!

Interesting group. Im wondering why theyd appoint someone who helped write a report about the NZX/ NZ capital markets recently which had in the conclusion no answers to the malaise nor couldnt offer any solutions; also why have a socialist as chair of a Capital Markets think tank? It makes it look like just another government working group. On a +ve note though Im pleased to see the young Jimmy Lee in the mixture. His proud old man will be a constant source of worthy ideas to chuck in to the meetings...thats if they have more than one.

[peat]

Interesting group. Im wondering why theyd appoint someone who helped write a report about the NZX/ NZ capital markets recently which had in the conclusion no answers to the malaise nor couldnt offer any solutions;

A very good question!

Paying someone twice so they think harder?

[bull....]

terrible metrics again declining value and volume of on market trading.

[Balance]

terrible metrics again declining value and volume of on market trading.

Ah, but the highly paid executives (101 on over $100k a year & CEO on over $800k) & directors have it all figured out - another study to be commissioned which should stretch out their turn at the monopolistic money trough for at least another 5 years.

NZX is the classic case of a monopoly being screwed by a few for their own benefit at the expense of everybody else - in this case, NZ Inc.

[bull....]

Ah, but the highly paid executives (101 on over $100k a year & CEO on over $800k) & directors have it all figured out - another study to be commissioned which should stretch out their turn at the monopolistic money trough for at least another 5 years.

NZX is the classic case of a monopoly being screwed by a few for their own benefit at the expense of everybody else - in this case, NZ Inc.

lol and i see the nz s/h assoc saying they dont even have any retail input into there working grp

http://www.scoop.co.nz/stories/BU190...-committee.htm

[Balance]

lol and i see the nz s/h assoc saying they dont even have any retail input into there working grp

http://www.scoop.co.nz/stories/BU190...-committee.htm

How dare the peasant class investors think they can have a say (any say) in the destruction of NZ's capital markets and the NZX!

Don't they know by now that they are only good for being stuffees of IPOs like Feltex, Wynyard, CBL, Intueri, Credit Sails, Metro Glass, Evolve Education ...?

Good IPOs are strictly for the ruling class.

PS. Intentional mention - the stuffees IPOs were all from Forbar whose representative, one Paviour Smithy, sat on the NZX Board while Weldon & Board systematically mismanaged with his 'my way or highway' style, increase fees excessively and basically, looted NZX's future.

[bull....]

How dare the peasant class investors think they can have a say (any say) in the destruction of NZ's capital markets and the NZX!

Don't they know by now that they are only good for being stuffees of IPOs like Feltex, Wynyard, CBL, Intueri, Credit Sails, Metro Glass, Evolve Education ...?

Good IPOs are strictly for the ruling class.

PS. Intentional mention - the stuffees IPOs were all from Forbar whose representative, one Paviour Smithy, sat on the Board while Weldon & Board systematically looted NZX's future.

how true it is very difficult to get a decent amount of stock in a good priced ipo , not that its a problem at the moment cause there are not any lol

[Balance]

how true it is very difficult to get a decent amount of stock in a good priced ipo , not that its a problem at the moment cause there are not any lol

As one of ex-colleagues in the funds management industry used to say : "Retail investors are guaranteed all the stock they want in a bad IPO like Feltex and also guaranteed zero stock in hot IPOs like Trade Me or Z Energy".

Heads they win, tails you lose.

[Lola]

As one of ex-colleagues in the funds management industry used to say : "Retail investors are guaranteed all the stock they want in a bad IPO like Feltex and also guaranteed zero stock in hot IPOs like Trade Me or Z Energy".

Heads they win, tails you lose.

Damn good point .....and very true. I would hope (but wont hold my breath) that the newly appointed group of "experts" to the 2029 Capital Markets Brain storming think tank will address. On reflection no chance because of the self interests they will mostly all bend over to preserve.

[Balance]

https://www.finnewsnetwork.com.au/ar...ork222367.html

Orion Health, Methven, Trade Me, RBD - so far this year.

And what is NZX doing?

Nothing but NZX directors and management (101 on salaries of over $100k) hang in there with another report on how to revitalize the NZX!