-
Went to the p.o.box today , was a card for oversized item. Thought i had a present from someone. But no , it was an offer document from MCK bigger than a phone directory.
I really cant be bothered reading it , do i need to? Is it just telling us whats going to happen or are their shares we can apply for
-
Hi Ratkin ,
you should read the covering letter .... Forget the phonebook. There are some options if you want shares in the Chinese property development company , do you want the script , do you want the shares lodged in a broker ac....or do you want to liquidate .........
-
I held some of these about 5-6 years ago and the sp then was about 71-72 from memory. Low divy and tightly held. At least they are consistent.
-
Originally Posted by stoploss
Hi Ratkin ,
you should read the covering letter .... Forget the phonebook. There are some options if you want shares in the Chinese property development company , do you want the script , do you want the shares lodged in a broker ac....or do you want to liquidate .........
thx guess I better make the effort, think a capital return would be the easiest option
-
Originally Posted by ratkin
thx guess I better make the effort, think a capital return would be the easiest option
Yea I'm with you , don't particularly want to be long property in China . Why the company got into this is beyond me.
-
Originally Posted by moosie_900
Good lord no, Chinese property is looking like a massive bubble very ready to burst! What a terrible executive decision!
Its not a terrible decision in that case. They are flicking the shares off (to us) Annoying part is that to take part in the block sale we have to provide a photocopy of our passport details, such a lot of effort for a lazy person like myself.
Might just sell all my shares in the next few days
-
I can top that
Originally Posted by ratkin
... Annoying part is that to take part in the block sale we have to provide a photocopy of our passport details, such a lot of effort for a lazy person like myself.
Might just sell all my shares in the next few days
I find it very out-dated that whilst we can buy and sell existing shares with a few keystrokes and the click of a mouse, taking part in anything else involves old fashioned paper and signatures, sometimes an emailed scan of a document is acceptable but that is pushing the boundaries.
Recently scanned entire passports, birth-certificates, marriage certificates, education certificates & more for an upcoming change of country so I have little sympathy for you .
I definitely would not want to be holding equity in a Chinese property developer at the moment either.
Best Wishes
Paper Tiger
-
Originally Posted by Paper Tiger
I find it very out-dated that whilst we can buy and sell existing shares with a few keystrokes and the click of a mouse, taking part in anything else involves old fashioned paper and signatures, sometimes an emailed scan of a document is acceptable but that is pushing the boundaries.
Recently scanned entire passports, birth-certificates, marriage certificates, education certificates & more for an upcoming change of country so I have little sympathy for you .
I definitely would not want to be holding equity in a Chinese property developer at the moment either.
Best Wishes
Paper Tiger
Would it be easier to sell the new shares on market with ASB securities?
-
For a stock thats gone up 90% in a year, it's not had much of a mention on the forum recently .
tourism certainly is giving it a boost .
PE of 8.7 . Could it go to 10 ? May be there are a few opinions here ? Always on small amounts , but seems pretty steady .
Last edited by Yoda; 28-01-2017 at 10:48 PM.
-
Originally Posted by Yoda
For a stock thats gone up 90% in a year, it's not had much of a mention on the forum recently .
tourism certainly is giving it a boost .
PE of 8.7 . Could it go to 10 ? May be there are a few opinions here ? Always on small amounts , but seems pretty steady .
There was some discussion about MCK, on thread 2017Stock Picking Contest,page 2, posts #19 to #24 and post #28.
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