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Thread: MVN Methven

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  1. #20
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,330

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    Quote Originally Posted by McGinty View Post
    If I needed the cash for a better opportunity I would join you in selling, but I'm finding it difficult to find any good stories on the NZX (in this current market) to justify selling just yet.

    8.5% for holding for a few more months is a better return than the bank.
    The following words in the announcement gave me cause for concen,as they have held up the coolstores sale by SCL, and the seed division sale of PGW;
    "the NZ Overseas investment Office."
    I believe a quick result takes a least several months.
    Exchanging one MVN share for one HGH share appeals to me.HGH's half year result is due early February, and I am expecting it will be solid,with a fully imputated dividend payable 1st April..Swapping one low conviction share for one high conviction share.

    ps.Helps to keep my average buy in price for HGH around $1.00....lol.
    Last edited by percy; 15-12-2018 at 07:24 AM.

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