sharetrader
Page 2 of 115 FirstFirst 1234561252102 ... LastLast
Results 21 to 40 of 2293

Thread: Metro Glass IPO

  1. #21
    The Wolf of Sharetrader
    Join Date
    Jul 2013
    Location
    On my Superyacht
    Posts
    1,286

    Default

    Wonder how much it cost metro to spam the NZX website with their advertising when you open it?

  2. #22
    Member
    Join Date
    May 2014
    Posts
    123

    Default

    Quote Originally Posted by nextbigthing View Post
    Wonder how much it cost metro to spam the NZX website with their advertising when you open it?
    I suspect that may come included in the package for any listing on the main board. IKE and Scales both had them last week too

  3. #23
    Guru
    Join Date
    Nov 2013
    Posts
    3,043

    Default

    Quote Originally Posted by nextbigthing View Post
    Wonder how much it cost metro to spam the NZX website with their advertising when you open it?
    It would be 'Free' with any listing (which costs heaps).

  4. #24
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Solid start to trading.

    Latest building consents say plenty of work for next few years

    Must be a good investment - hey our beloved Milford have taken a 5% stake.

    Should expect steady rise in shareprice from here

  5. #25
    The Wolf of Sharetrader
    Join Date
    Jul 2013
    Location
    On my Superyacht
    Posts
    1,286

    Default

    Are you in Winner?

  6. #26
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Quote Originally Posted by nextbigthing View Post
    Are you in Winner?
    Thought it worthwhile to give it a go to see what happens

    Should be busy as making sure those targets are met

  7. #27
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Milford pumping in $16m and harbour Asset $19m are fairly big chunks.

    Must have some confidence in Metro

    Hope this is not another of these threads I talk to myself. Doesn't really matter if it does as the stocks in question are usually successful investments
    Last edited by winner69; 31-07-2014 at 01:37 PM.

  8. #28
    Guru
    Join Date
    Nov 2013
    Posts
    3,043

    Default

    Winner - sorry to interrupt your conversation with yourself

    Quote Originally Posted by winner69 View Post
    Milford pumping in $16m and harbour Asset $19m are fairly big chunks.
    Big investment by Harbour but for Milford, their FUM are so large they have to invest in every second stock dont they.

  9. #29
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Quote Originally Posted by Harvey Specter View Post
    Winner - sorry to interrupt your conversation with yourself

    Big investment by Harbour but for Milford, their FUM are so large they have to invest in every second stock dont they.
    Miford prob have an interest in almost every stock ....nice to have so much of other people's money to play with eh

  10. #30
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,417

    Default

    Quote Originally Posted by winner69 View Post
    Miford prob have an interest in almost every stock ....nice to have so much of other people's money to play with eh
    I see that Brian Gaynor expects Metro to be included in the NZX 50 "which means most fund managers will have to buy the shares."

  11. #31
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Quote Originally Posted by macduffy View Post
    I see that Brian Gaynor expects Metro to be included in the NZX 50 "which means most fund managers will have to buy the shares."
    That's good ... and good for the shareprice

  12. #32
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Forbar in raptures over Metro

    OUTPERFORM they sale

    Geez James is enthusiastic
    http://www.radionz.co.nz/audio/player/20149022

    Just imagine how much glass needed to get 92% of NZ houses retrofitted to double glazing. Wow

    Shareprice relatively strong post IPO as well

  13. #33
    Hunting for more dog food Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    17,552

    Default

    We've looked into double glazing our 320 square metre Auckland home which has lots of floor to ceiling glass. Inadequate return on capital employed...it wasn't even remotely close in terms of cost benefit analysis, (Ditto solar power).
    Heat pump(s) and good thermal curtains are cost effective and cosy. 14.3 times earnings reflects the short term boom in the Chch rebuild, longer term, not so bright. FBU is considerably over valued in my opinion and as a cylical company wouldn't make it on to my investment radar at anything like current PE multiples. Implying a semi cyclical company is cheap because another is expensive is like saying an ice-cream at $5 at the movies is cheap because a big tub of popcorn is $10. Looks like it's my turn today to hand out reality checks.

  14. #34
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Close at $2.00 on Friday

    Been pretty solid if not spectacular since IPO three months ago

    Building outlook pretty rosy for the next few years .....and don't forget all those retrofits coming up.

    Every time I hear nick go on about another 300 houses here and another 250 here from these Accords I just multiple that by 20 to get the number of new windows for Metro
    Last edited by winner69; 26-10-2014 at 07:20 PM.

  15. #35
    Hunting for more dog food Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    17,552

    Default

    Quote Originally Posted by winner69 View Post
    Close at $2.00 on Friday

    Been pretty solid if not spectacular since IPO three months ago

    Building outlook pretty rosy for the next few years .....and don't forget all those retrofits coming up.

    Every time I hear nick go on about another 300 houses here and another 250 here from these Accords I just multiple that by 20 to get the number of new windows for Metro
    Well done mate.

  16. #36
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    First profit report since IPO and within prospectus numbers

    Commentary a bit bearish. Sales down because of industry constraints and challenges ahead. Market not expected to peak as high as they first thought but growth will last for longer.

    Market not all that excited and down to IPO price.

    Think their place in life is steady as she goes and a solid but in exciting performer.

  17. #37
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    14,564

    Default

    Quote Originally Posted by winner69 View Post
    First profit report since IPO and within prospectus numbers

    Commentary a bit bearish. Sales down because of industry constraints and challenges ahead. Market not expected to peak as high as they first thought but growth will last for longer.

    Market not all that excited and down to IPO price.

    Think their place in life is steady as she goes and a solid but in exciting performer.
    And to think I thought you only invested in out performers?
    Industry constraints.
    Challenges ahead.
    Commentary "a bit" bearish.
    I think the market is correct.

  18. #38
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Quote Originally Posted by percy View Post
    And to think I thought you only invested in out performers?
    Industry constraints.
    Challenges ahead.
    Commentary "a bit" bearish.
    I think the market is correct.
    Now stop being cheeky, i might get offended.

    Gave up on Metro a while ago when the market thought 2 bucks was enough
    Last edited by winner69; 27-05-2015 at 06:48 PM.

  19. #39
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    14,564

    Default

    Quote Originally Posted by winner69 View Post
    Now stop being cheeky, i might get offended.

    Gave up on Metro a while ago when the market thought 2 bucks was enough
    My faith in you is restored!!!!

  20. #40
    One Fearsome Feline winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    28,005

    Default

    Quote Originally Posted by percy View Post
    My faith in you is restored!!!!
    Was going to add to your reputation but apparently I have to spread it around. You haven't had many green things lately

    So bad luck

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •