MET - Metlifecare - one for the fundies?

[Beagle]

Each dollar they can save per share, saves a buyer nearly $200,000,000. 20% less than $7 saves about $280 mill. I will pick that figure, so I see a takeover proceeding at $5.60. Based on that market value will go to $5 very quickly.

$5.60 wouldn't get my vote but $6.30 would.

[Balance]

$5.60 wouldn't get my vote but $6.30 would.

It's going to go back to $5 in a matter of time anyway when the arb funds finish selling (they cannot sell forever).

http://nzx-prod-s7fsd7f98s.s3-websit...669/320802.pdf

[JeremyALD]

There's an increased chance of the $7 takeover going through imo as the markets have bounced back in the past couple of weeks and things are looking fairly promising for the retirement sector again. I'd say it's gone from a 5% to 25% chance.

[Beagle]

It's going to go back to $5 in a matter of time anyway when the arb funds finish selling (they cannot sell forever).

http://nzx-prod-s7fsd7f98s.s3-websit...669/320802.pdf

Yes I noted that the other day. They still have quite a few to sell but I have been working on my patience levels in recent years and can easily wait them out.

[bottomfeeder]

Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.

[dubya]

And I haven't totally dismissed the possibility of "some sort" of success with a legal claim against Asia Pacific Village Group Limited either.

[Cyclical]

Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.

I didn't see any reference to your preferred gender of service provider there, so you should be sweet.

[stoploss]

Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.

There are male prostitutes ....

[Cyclical]

Seen the back of the $3 handle do you think? If AIR can do it, surely this one can grow some wings and take off...

[bottomfeeder]

Been reading on other threads about sharsies and other new investors looking at sharetrader. I never really followed MET, because it always seemed to be at top dollar SP. It was only when I saw a lot of talk here on sharetrader abiut MET on both sides of the fence, that I started to accumulate. Looks like I am into a winner. Thanks guys and gals. Pride does however go before destruction so wont get too excited yet.