Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


jonherries

1107 posts

Uber Geek

Trusted
Subscriber

#114849 5-Mar-2013 09:52
Send private message

This topic is not about whether this is the right thing to do. I understand people don't want assets sold and I agree with this sentiment, but if they are going to be sold without our consent, will you buy them?

It is an interesting conundrum. I don't want to support the assets sales, but think that if I don't buy some then they are more likely to go to overseas buyers.

On the other hand, no NZers buying them sends a pretty good signal that this is a farce.

In addition from a purely economic/profit perspective, do you think the sale price will be under or over a fair valuation (ie. will the share price go up or down on listing day).

Jon

View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
Klipspringer
2385 posts

Uber Geek
Inactive user


  #774827 5-Mar-2013 09:58
Send private message

I'm not a New Zealander. (Not a NZ citizen). So does that mean I can't buy?

jonherries

1107 posts

Uber Geek

Trusted
Subscriber

  #774832 5-Mar-2013 10:02
Send private message

Klipspringer: I'm not a New Zealander. (Not a NZ citizen). So does that mean I can't buy?


Not sure what the details are around this (Ie. the NZer preferential offer), hadn't even thought. Maybe an IRD number would be required? What other validation would they want? Maybe a NZ Bank account or CC?

Apparently it will be generally listed so anyone can buy via e-trade, broker and I heard it might be listed in Aus as well. As a NZer you will get some sort of bonus apparently, or some sort of preference to purchase.

Jon

 
 
 
 


BlueShift
1566 posts

Uber Geek


  #774837 5-Mar-2013 10:05
Send private message

Given how well other energy companies - Solid Energy - have been doing, I'd be reluctant to bet the farm on Mighty River shares.
Not that I have any money to spend on shares anyhow, I'm a kiwi dad, how many of them have cash for a share portfolio? Real kiwi mums & dads invest in property!

D1023319
416 posts

Ultimate Geek


  #774842 5-Mar-2013 10:11
Send private message

BlueShift:
Not that I have any money to spend on shares anyhow, I'm a kiwi dad, how many of them have cash for a share portfolio? Real kiwi mums & dads invest in property!


+1

networkn
23450 posts

Uber Geek

Trusted
Lifetime subscriber

  #774843 5-Mar-2013 10:12
Send private message

I might buy some.

jonherries

1107 posts

Uber Geek

Trusted
Subscriber

  #774854 5-Mar-2013 10:22
Send private message

I am worried about the incentives in this:

Price it too high and the price goes down on listing day, bad PR all round.
Price it too low and the government shafts themselves when they are trying to make money.

It depends on how greedy the government is, I would guess very. I wonder if the bonus would offset the pricing issue?

Jon

Davy
193 posts

Master Geek


  #774864 5-Mar-2013 10:32
Send private message

Yes but it's not about the government making money - it's about the financiaql community making money (and lots of it) at the expense on NZers from whom these shares are being taken.

 
 
 
 


Klipspringer
2385 posts

Uber Geek
Inactive user


  #774866 5-Mar-2013 10:34
Send private message

Davy: Yes but it's not about the government making money - it's about the financiaql community making money (and lots of it) at the expense on NZers from whom these shares are being taken.


Yawn!!!

ubergeeknz
3344 posts

Uber Geek

Trusted
Vocus

  #774867 5-Mar-2013 10:35
Send private message

BlueShift: Given how well other energy companies - Solid Energy - have been doing, I'd be reluctant to bet the farm on Mighty River shares.
Not that I have any money to spend on shares anyhow, I'm a kiwi dad, how many of them have cash for a share portfolio? Real kiwi mums & dads invest in property!


+1 again, rather spend $2000 (if I had it) doing repairs and such around the house, probably a better ROI

Byrned
453 posts

Ultimate Geek


  #774871 5-Mar-2013 10:42
Send private message

jonherries: I am worried about the incentives in this:

Price it too high and the price goes down on listing day, bad PR all round.
Price it too low and the government shafts themselves when they are trying to make money.

It depends on how greedy the government is, I would guess very. I wonder if the bonus would offset the pricing issue?

Jon


If you're serious about investing, it isn't about what happens on listing day, but where you see the company going in the long term, how that will effect the long term share price, and most importantly, what the dividend return is.

But in answer, yes, I plan to buy what I can get my hands on. The offer of the incentive and the likely dividends are what's attracting me.

networkn
23450 posts

Uber Geek

Trusted
Lifetime subscriber

  #774872 5-Mar-2013 10:47
Send private message

Davy: Yes but it's not about the government making money - it's about the financiaql community making money (and lots of it) at the expense on NZers from whom these shares are being taken.


Boy oh boy one in every thread!

grant_k
3539 posts

Uber Geek

Trusted

  #774874 5-Mar-2013 10:49
Send private message

Byrned: If you're serious about investing, it isn't about what happens on listing day, but where you see the company going in the long term, how that will effect the long term share price, and most importantly, what the dividend return is.

But in answer, yes, I plan to buy what I can get my hands on. The offer of the incentive and the likely dividends are what's attracting me.

Well said.

I have the same idea, to buy as much as I can get my hands on.  Some info. I have seen suggests that applications over $10k are likely to be scaled.  So my wife and I will definitely be putting our hands up for at least $10k each.  I just picked up some Sky TV shares for $4.85 as they are another stock which offers a good dividend yield.





jonherries

1107 posts

Uber Geek

Trusted
Subscriber

  #774875 5-Mar-2013 10:51
Send private message

Byrned:
jonherries: I am worried about the incentives in this:

Price it too high and the price goes down on listing day, bad PR all round.
Price it too low and the government shafts themselves when they are trying to make money.

It depends on how greedy the government is, I would guess very. I wonder if the bonus would offset the pricing issue?

Jon


If you're serious about investing, it isn't about what happens on listing day, but where you see the company going in the long term, how that will effect the long term share price, and most importantly, what the dividend return is.

But in answer, yes, I plan to buy what I can get my hands on. The offer of the incentive and the likely dividends are what's attracting me.


Interesting. From a long term perspective:

Are you concerned by the lack of growth in demand for power?
Or the thought that RioTinto may close Tiwai?

The reason I mentioned the list price on float day was whether it would be better to wait until then to buy, if the price goes down you get more investment for your money?

Jon

jonherries

1107 posts

Uber Geek

Trusted
Subscriber

  #774878 5-Mar-2013 10:53
Send private message

grant_k:
Byrned: If you're serious about investing, it isn't about what happens on listing day, but where you see the company going in the long term, how that will effect the long term share price, and most importantly, what the dividend return is.

But in answer, yes, I plan to buy what I can get my hands on. The offer of the incentive and the likely dividends are what's attracting me.

Well said.

I have the same idea, to buy as much as I can get my hands on.  Some info. I have seen suggests that applications over $10k are likely to be scaled.  So my wife and I will definitely be putting our hands up for at least $10k each.  I just picked up some Sky TV shares for $4.85 as they are another stock which offers a good dividend yield.


The interesting thing to me about this was the news that NewsCorp are selling their holding. This should depress the share price (I heard they were selling at a 10% discount to Fridays price) and you could get more for your money? I do agree that Sky TV have some good underlying fundamentals which means they are close to a monopoly, which means good returns as long as they are efficient.

Jon

jonherries

1107 posts

Uber Geek

Trusted
Subscriber

  #774879 5-Mar-2013 10:55
Send private message

networkn:
Davy: Yes but it's not about the government making money - it's about the financiaql community making money (and lots of it) at the expense on NZers from whom these shares are being taken.


Boy oh boy one in every thread!


Didn't even bother to read the thread title and first post I guess.

Jon

 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
View this topic in a long page with up to 500 replies per page Create new topic





News »

Nanoleaf enhances lighting line with launch of Triangles and Mini Triangles
Posted 17-Oct-2020 20:18


Synology unveils DS16211+
Posted 17-Oct-2020 20:12


Ingram Micro introduces FootfallCam to New Zealand channel
Posted 17-Oct-2020 20:06


Dropbox adopts Virtual First working policy
Posted 17-Oct-2020 19:47


OPPO announces Reno4 Series 5G line-up in NZ
Posted 16-Oct-2020 08:52


Microsoft Highway to a Hundred expands to Asia Pacific
Posted 14-Oct-2020 09:34


Spark turns on 5G in Auckland
Posted 14-Oct-2020 09:29


AMD Launches AMD Ryzen 5000 Series Desktop Processors
Posted 9-Oct-2020 10:13


Teletrac Navman launches integrated multi-camera solution for transport and logistics industry
Posted 8-Oct-2020 10:57


Farmside hits 10,000 RBI customers
Posted 7-Oct-2020 15:32


NordVPN starts deploying colocated servers
Posted 7-Oct-2020 09:00


Google introduces Nest Wifi routers in New Zealand
Posted 7-Oct-2020 05:00


Orcon to bundle Google Nest Wifi router with new accounts
Posted 7-Oct-2020 05:00


Epay and Centrapay partner to create digital gift cards
Posted 2-Oct-2020 17:34


Inseego launches 5G MiFi M2000 mobile hotspot
Posted 2-Oct-2020 14:53









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.