MEL - Meridian Energy

[blackcap]

Gee they have already taken the money out of my account to pay for Meridian shares, I wasn't expecting it to be taken out until next Thursday. Perhaps they are worried people will change their mind.

Yep called my broker about that and they said they would take it out at first opportunity. Didn't bother me though as I didnt want that amount sitting there tempting, tempting me continually. But they are quick on the ball.

[Snoopy]

That is a pretty rose tinted glasses view.

Talk to anyone dealing with suicides, and they'll count gambling addicts amongst their numbers.

I have never heard of anyone topping themselves over a power bill.

I in no way wish to diminish the issue of suicide. Suicide is an absolute tragedy at a personal level that rises above any financial argument. I just don't think that closing down all casinos will 'solve' suicide.

Maybe people don't top themselves over a power bill. But the vulnerable can still freeze and disease to death in a cold house.

SNOOPY

[Joshuatree]

Back to Meridian.Sounds like there has been a very strong take-up of Brokers allocations and public pool int. Some have completely allocated all shares. Just heard this a few minutes ago.

[sharer]

I wonder what effect the MRP sudden buyback is having on late decisions to invest in Meridian, and the expected final MEL price.
Much has been said, but are there any factual reports available yet?
See that near the close MRP has fallen back to 220, as before their buyback announcement.

[percy]

Yep called my broker about that and they said they would take it out at first opportunity. Didn't bother me though as I didnt want that amount sitting there tempting, tempting me continually. But they are quick on the ball.

According to my broker at Craigs, our money goes out of our cash management accounts next Wednesday night.

[QOH]

According to my broker at Craigs, our money goes out of our cash management accounts next Wednesday night.

I paid for mine by direct debit, but through my broker, thought I'd have until next Wed/Thurs before it was taken out. They will have had my money for 3 weeks by the time they are listed, will be annoyed if I'm scaled back.

[RTM]

Maybe the buy back has to happen first to see the share price promoted ? Until then...nothing has changed.

[Beagle]

Out of respect for those that have (for reasons best known to themselves) decided to invest in this company I won't comment further in this thread.

We are all addicted to something eh Rog[/QUOTE]

LOL, its hard to resist having a good vigirous debate isn't it
It'll be interesting to see if all the "talk" of strong demand actually pans out or is that just another aspect to the "sales pitch".

[mouse]

Comment from Joshuatree.
I know of a guy who blows most of his money at casinos. His parents live in an impoverished country but they send any paltry savings to their son in nz to make a better life for himself and maybe them later. he gets more and more desperate daily and tells them porkies re his restaurant is getting better and better and good times are just around the corner. He is just a chef not a business owner..

This is a major, major problem with Chinese and maybe other Asians too. My Amah in Hong Kong was a beautiful lady whom I tried to teach to drive. She was married with two beautiful girls. My wife and I used to take them out with us on trips to the New Territories. She never gambled, although everyone else did. Ah Jern told me her brother gambled away the family cow when her parents died. Real poverty, so she came over to Hong Kong. That is the truth behind gambling. It destroys lives and families. Plus, as a security chap for the Christchurch Casino told me, anyone frequently gambling at ten in the morning is a problem gambler.

[Joshuatree]

Snapiti , Rog . CRAIGS have no more to offer you guys, sorry about that their firm allocations have been cleaned out.. Youll have to apply to the public pool if you hurry but you will likely be scaled. Definned , beheaded fried, sushimied , creamed ,rogered ,depending on what sorta cool cat fin fish you are