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Ultimate Geek

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# 142833 26-Mar-2014 08:43
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Who has hopes and or shares in Mega Limited listing?

https://www.nzx.com/companies/TRS/announcements/248664

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  # 1012892 26-Mar-2014 08:55
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Wouldn't touch it with a barge pole...

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  # 1012894 26-Mar-2014 08:57
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wouldn't touch it




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Ultimate Geek

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  # 1012895 26-Mar-2014 08:58
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Why: Ethics, value or money?

A forum is not really a good place for one word answers.

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  # 1012896 26-Mar-2014 09:01
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One look at the guys track record sends me running, the word dodgy comes to mind and a lot worse.




Mike
Retired IT Manager. 
The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 




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Ultimate Geek

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  # 1012918 26-Mar-2014 09:32
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KiwiNZ: One look at the guys track record sends me running, the word dodgy comes to mind and a lot worse.


He's not related to the company, having resigned last year or the year before and he does not even hold shares. You're right, his charges in the past have included inflating of shares, but with a starting point of 0.001 NZD, it's hardly a gamble.

I have read somewhere Mega is 384th most visited site online, can't find that reference today, sorry.

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  # 1012921 26-Mar-2014 09:37
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gundar:
KiwiNZ: One look at the guys track record sends me running, the word dodgy comes to mind and a lot worse.


He's not related to the company, having resigned last year or the year before and he does not even hold shares. .


Although his Wife owns over 25% of mega via a trustee company... make of that what you wish..

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  # 1012927 26-Mar-2014 09:42
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Anything with the name kimdotcom on it sends me running...


 
 
 
 


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  # 1012929 26-Mar-2014 09:42
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By affiliation it's still his company. It doesn't really matter who may be a director or shareholder.


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  # 1013024 26-Mar-2014 11:07
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Was this inspired by the Government's State Assets sale?

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  # 1013063 26-Mar-2014 11:44
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I'd be more than a little concerned about the amount of law enforcement attention it's getting. Imagine if you had 100K in it, and then the FBI closed it. Gone is all your money, likely seized as proceeds from criminal activity, with lawsuits lasting 10 years or more.

I think I'd rather use my money to burn for warmth in winter, better return.

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  # 1013131 26-Mar-2014 12:58
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The discussions of this on dedicated share trading forums would definitely scare me away if I were considering it.  Never mind Kim Dotcom, the other names involved should terrify you even more.

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  # 1013143 26-Mar-2014 13:22
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Yep, don't touch it with a bazillion-light-year long barge pole. Today's New Zealand Herald has multiple articles on this rubbish ... must be a slow news day. :-\

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  # 1013178 26-Mar-2014 14:01
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I think the NZX needs to look at backdoor listings.

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  # 1013207 26-Mar-2014 14:53
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mattwnz: I think the NZX needs to look at backdoor listings.


It isn't a done deal yet. It still needs to pass all FMA requirements. So NZX is looking at its backdoor listings.




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  # 1013212 26-Mar-2014 15:09
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It is interesting that it is valued at 200 million. Really wonder how that has been calculated.

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