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  1. #11
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    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

  2. #12
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    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 .........

  3. #13
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    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.

  4. #14
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    Quote Originally Posted by stoploss View Post
    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

  5. #15
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    Quote Originally Posted by ratkin View Post
    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.

  6. #16
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    Quote Originally Posted by moosie_900 View Post
    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

  7. #17
    Reincarnated Panthera Snow Leopard's Avatar
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    Wink I can top that

    Quote Originally Posted by ratkin View Post
    ... 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
    om mani peme hum

  8. #18
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    Quote Originally Posted by Paper Tiger View Post
    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?

  9. #19
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    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 09:48 PM.

  10. #20
    percy
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    Quote Originally Posted by Yoda View Post
    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.

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