Generally such order won't go through at current market price, don't know why this order can be on market.
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Generally such order won't go through at current market price, don't know why this order can be on market.
I might buy a couple of 'em and enjoy the sudden spike for the few seconds the price sky rockets!
hope this isnt you mucking about, moosie
HNZ still could be a takeover target according its lagging price, any thoughts?
pleasure to read your depth analysis
There is no reason whatsoever for Haier to sell F&P finance. Haier is Chinese, they have access to very cheap cash. To my mind the Chinese are a possibility to buy Heartland since it gives them another cheap entry to NZ, plus their funds can get a pretty safe return on a good interest rate. Heartland is an already set up business. It could easily go offshore to China. Remember, if the Chinese buy then it is for the top few billionaires, not the masses. There is no idea of corporate responsibility, they invest on a pure profit for 'me' motive.
A useful report on the Auckland Airport.
http://www.thecivilian.co.nz/aucklan...rrivals-board/
Should Heartland buy FPF it would be well received by both shareholders and institutions,as it would be a great fit.
HNZ would be rerated upward very quickly.
Great catch 22;Should HNZ find FPF goes for more than they think it is worth,then the market will most probably rerate HNZ upwards because of the price FPF sold for.
Whatever, HNZ shareholders win either way.!!!
I would be more than surprised if FPF is sold to Heartland. Simply because Chinese business has oodles of spare cash that they want to spread around the globe. So, if FPF is sold, then more than likely it will be sold to a Chinese Company. Who can fund FPF afterwards with very cheap money. Thereby getting more cash out of China.