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08-03-2021, 08:31 PM
#481
Originally Posted by winner69
Many years ago I was the only punter in the whole world to have lost money on Heartland
I bought some at the then all time high of 98 cents (only trade at that price at the time) and the share price drifted back to something like 93/94 cents
Turned out OK
If you're buying a company that isn't going bust, it usually it works out ok in the long run. I've had a few, all managed to sell sometime later at a profit, albeit modest.
Mate, don't take it personally, these ST folks love to poke the borax.
imho. not holding.
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08-03-2021, 09:00 PM
#482
Originally Posted by Baa_Baa
Tough old mutton is still WAY better than fresh spring lamb, after a LOooooNG LOW & SLOW ROASTING! I should know.
BAA
Is that also a pick that the share price will continue to get roasted?
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08-03-2021, 09:15 PM
#483
Originally Posted by Scrunch
Is that also a pick that the share price will continue to get roasted?
Actually it's a fact, low'n slow cooked mutton or hogget always beats lamb, but it's a metaphor for what might unfold for MFB.
Who knows really Scrunch, the market will decide what it's worth. Currently that's unfolding, far be it for me to pick a low but instinct tells me this was an overpriced IPO and there is more disappointment to come.
That said, there was some price basing today from a technical sentiment perspective. Early days, let's see how it goes, easier said from a non-holding though from who might be interested to buy into a plateau.
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08-03-2021, 09:19 PM
#484
Originally Posted by Baa_Baa
Actually it's a fact, low'n slow cooked mutton or hogget always beats lamb, but it's a metaphor for what might unfold for MFB.
Who knows really Scrunch, the market will decide what it's worth. Currently that's unfolding, far be it for me to pick a low but instinct tells me this was an overpriced IPO and there is more disappointment to come.
That said, there was some price basing today from a technical sentiment perspective. Early days, let's see how it goes, easier said from a non-holding though from who might be interested to buy into a plateau.
Your instinct for not being the subject matter of the low slow roasting appear to be working pretty well P.S. Slow roasted lamb shanks are one of this dog's most favorite tucker. Just show me where to "tuck in" to that.
Speaking of slow roastings...market is down for 6 weeks in a row. https://www.goodreturns.co.nz/articl...for+8+Mar+2021
Last edited by Beagle; 08-03-2021 at 09:23 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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09-03-2021, 02:22 PM
#485
https://www.stuff.co.nz/business/300...arket-softness
Spinning the tale that it's all the market's fault - everything is just great at MFB so W69 & other punters should relax, sp will be back up to $1.85 in no time.
Then it's all but blue skies, smoked salmon, caviar & champagne from there.
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09-03-2021, 07:08 PM
#486
Good to see Jarden & Harbour (using some of the very substantial fees they earned from the IPO) to support the sp - buying 2.7m shares or 42% of all shares traded in first 2 days of trading.
http://nzx-prod-s7fsd7f98s.s3-websit...848/342039.pdf
If they keep supporting the sp, there could be an opportunity when window dressing day comes around on 31 March 2021 that punters may get out at IPO price?
Window is going to be very small so get ready to go!
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09-03-2021, 07:18 PM
#487
Originally Posted by Balance
Good to see Jarden & Harbour (using some of the very substantial fees they earned from the IPO) to support the sp - buying 2.7m shares or 42% of all shares traded in first 2 days of trading.
http://nzx-prod-s7fsd7f98s.s3-websit...848/342039.pdf
If they keep supporting the sp, there could be an opportunity when window dressing day comes around on 31 March 2021 that punters may get out at IPO price?
Window is going to be very small so get ready to go!
Did some say a bit of a jack up needed or good cook up to possibly cover
possible IPO co*k-ups intended or otherwise .. ?
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09-03-2021, 07:20 PM
#488
Originally Posted by Balance
https://www.stuff.co.nz/business/300...arket-softness
Spinning the tale that it's all the market's fault - everything is just great at MFB so W69 & other punters should relax, sp will be back up to $1.85 in no time.
Then it's all but blue skies, smoked salmon, caviar & champagne from there.
Yeah Nah .. the fault's were reportedly seen hoofing it off on distant horizon with fairly well stacked briefcases ..
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09-03-2021, 07:57 PM
#489
Member
Originally Posted by Balance
Good to see Jarden & Harbour (using some of the very substantial fees they earned from the IPO) to support the sp - buying 2.7m shares or 42% of all shares traded in first 2 days of trading.
http://nzx-prod-s7fsd7f98s.s3-websit...848/342039.pdf
If they keep supporting the sp, there could be an opportunity when window dressing day comes around on 31 March 2021 that punters may get out at IPO price?
Window is going to be very small so get ready to go!
Getting through that window will be difficult. Theresa has blocked it.
Telecom 2
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09-03-2021, 07:59 PM
#490
Originally Posted by Balance
Good to see Jarden & Harbour (using some of the very substantial fees they earned from the IPO) to support the sp - buying 2.7m shares or 42% of all shares traded in first 2 days of trading.
http://nzx-prod-s7fsd7f98s.s3-websit...848/342039.pdf
If they keep supporting the sp, there could be an opportunity when window dressing day comes around on 31 March 2021 that punters may get out at IPO price?
Window is going to be very small so get ready to go!
That’s a lot of shares at a discount to IPO, same will be selling into the bid when or if it gets back near IPO, let’s say 10 cents on the trade, nice windfall for the borkers
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