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  1. #581
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,431

    Default

    Quote Originally Posted by Sideshow Bob View Post
    Sharesies going to take over trading of Fonterra shares....

    https://www.farmersweekly.co.nz/mark...3pqJF0q4FBwLPE
    Yes but these are the farm owners shares.
    "Fonterra Co-operative Group shares can only be held by current or former supplying farmers, sharemilkers, contract milkers or farm lessors. Former suppliers can also transfer Fonterra shares to their relatives or related parties. "

    You have to own a farm to be able to trade them.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  2. #582
    Legend
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    5,099

    Default

    Quote Originally Posted by Snoopy View Post
    Yes but these are the farm owners shares.
    "Fonterra Co-operative Group shares can only be held by current or former supplying farmers, sharemilkers, contract milkers or farm lessors. Former suppliers can also transfer Fonterra shares to their relatives or related parties. "

    You have to own a farm to be able to trade them.

    SNOOPY
    Correct - it isn't like Team Sharesies can pile in and buy Fonterra.....

  3. #583
    Senior Member
    Join Date
    Jun 2008
    Posts
    904

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    Quote Originally Posted by Sideshow Bob View Post
    Sharesies going to take over trading of Fonterra shares....

    https://www.farmersweekly.co.nz/mark...3pqJF0q4FBwLPE
    They also bought Orchestra from Snowball Effect. Also have a communication solution for companies that the likes of Infratil use. Brick by brick they are building an Unlisted replacement... maybe even a NZX replacement. NZ badly needs it, more power to them.

  4. #584
    Legend
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    5,099

    Default

    Quote Originally Posted by Jaa View Post
    They also bought Orchestra from Snowball Effect. Also have a communication solution for companies that the likes of Infratil use. Brick by brick they are building an Unlisted replacement... maybe even a NZX replacement. NZ badly needs it, more power to them.
    A USX replacement definitely wouldn't be a bad thing.....

  5. #585
    Member
    Join Date
    Jun 2021
    Location
    thames
    Posts
    72

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    I see sharesies have joined every other online company on the planet and are now offering car insurance on the side as a hustle.
    Doesn't seem a particular good fit with their other services but what the heck, why not I guess ?!?!

    https://app.sharesies.com/profile/pe...sure/car/intro
    Last edited by kiwical; Yesterday at 02:02 PM.

  6. #586
    Legend
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    5,003

    Default

    Quote Originally Posted by kiwical View Post
    I see sharesies have joined every other online company on the planet and are now offering car insurance on the side as a hustle.
    Doesn't seem a particular good fit with their other services but what the heck, why not I guess ?!?!

    https://app.sharesies.com/profile/pe...sure/car/intro
    Like anything, I guess it's indicative of how much they are suffering.

  7. #587
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,349

    Default

    Quote Originally Posted by kiwical View Post
    I see sharesies have joined every other online company on the planet and are now offering car insurance on the side as a hustle.
    Doesn't seem a particular good fit with their other services but what the heck, why not I guess ?!?!

    https://app.sharesies.com/profile/pe...sure/car/intro
    With which insurance company.?

  8. #588
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,462

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    Quote Originally Posted by percy View Post
    With which insurance company.?
    https://www.coveinsurance.co.nz/about/

  9. #589
    Member
    Join Date
    Aug 2010
    Location
    Deep in the Abyss
    Posts
    86

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    Quote Originally Posted by percy View Post
    With which insurance company.?
    Underwritten by Cove insurance which is kiwi based Co underwritten by the following.

    This insurance is issued by Cove Limited in accordance with the authorisation granted to it by the underwriter, Aioi Nissay Dowa Insurance Company Limited.
    Aioi Nissay Dowa are one of the largest insurance companies in the world and closer to home they underwrite some of the biggest and most loved car manufacturing brands in New Zealand, so they have plenty of experience with Kiwis and their cars and we’re excited that they are underwriting Cove’s policies too.
    This insurance is issued by Cove Limited in accordance with the authorisation granted to it by the underwriter, Aioi Nissay Dowa Insurance Company Limited.
    Aioi Nissay Dowa are one of the largest insurance companies in the world and closer to home they underwrite some of the biggest and most loved car manufacturing brands in New Zealand, so they have plenty of experience with Kiwis and their cars and we’re excited that they are underwriting Cove’s policies too.

  10. #590
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,349

    Default

    Quote Originally Posted by aquaman View Post
    Underwritten by Cove insurance which is kiwi based Co underwritten by the following.

    This insurance is issued by Cove Limited in accordance with the authorisation granted to it by the underwriter, Aioi Nissay Dowa Insurance Company Limited.
    Aioi Nissay Dowa are one of the largest insurance companies in the world and closer to home they underwrite some of the biggest and most loved car manufacturing brands in New Zealand, so they have plenty of experience with Kiwis and their cars and we’re excited that they are underwriting Cove’s policies too.
    This insurance is issued by Cove Limited in accordance with the authorisation granted to it by the underwriter, Aioi Nissay Dowa Insurance Company Limited.
    Aioi Nissay Dowa are one of the largest insurance companies in the world and closer to home they underwrite some of the biggest and most loved car manufacturing brands in New Zealand, so they have plenty of experience with Kiwis and their cars and we’re excited that they are underwriting Cove’s policies too.
    Thank you aquaman and Stoploss.

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