tag:blogger.com,1999:blog-3686764185628666543.post2015871620126841897..comments2023-10-10T03:26:30.831+13:00Comments on Share Investor: Share Price Alert: New Zealand Stock Exchange LtdShare Investorhttp://www.blogger.com/profile/02150520236094812434noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3686764185628666543.post-28168292462935400212011-03-12T07:37:22.063+13:002011-03-12T07:37:22.063+13:00SB, Why would any other exchange bother. Ours is s...SB, Why would any other exchange bother. Ours is so small.<br /><br />I could see the ASX maybe interested. That would probably be a good thing in relation to its profile and operation.Share Investorhttps://www.blogger.com/profile/02150520236094812434noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-84491875473741286232011-03-12T07:27:19.311+13:002011-03-12T07:27:19.311+13:00Probably up on rumors of a take over. Highly unlik...Probably up on rumors of a take over. Highly unlikely that many exchanges will be able to remain completely independent. There will be continued mergers and acquisitions, and eventually NZX will get taken over by one of the bigger players.SBTradeshttps://www.blogger.com/profile/05733253279331854250noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-78952000827987766752011-03-11T16:13:23.777+13:002011-03-11T16:13:23.777+13:00Hi RG,
I am only basing my opinion of sell based ...Hi RG,<br /><br />I am only basing my opinion of sell based on the meteoric rise of the NZX share price in such a short time.<br /><br />You can always buy again if you like the company and where it is headed as the share price drops, which I think it will.<br /><br />There is no material reason for the share price to rise 30% in 10 days.<br /><br />I agree, there are other stocks that are worse ones to own. PPL, (which I own) could be one of them but that company has a good long term outlook in the right hands.<br /><br />Note: I changed the last line of my post.Share Investorhttps://www.blogger.com/profile/02150520236094812434noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-18964081395587159472011-03-11T12:51:39.852+13:002011-03-11T12:51:39.852+13:00Hi Darren, a great post; but I feel your evaluati...Hi Darren, a great post; but I feel your evaluation is somewhat unfair towards nzx. To start with NZX started with a 10 million dollar turn around 7 years ago and are now at $50 million that’s 400% growth of turn over so far, phenomenal if you think about it. Compare it some of the retail businesses like briscoes, pumpkin patch which just have flat growth year in and year out. One might argue that, they are in the retail segment which tends to be cyclic and it is unfair to compare it against NZX.<br /><br />Sure the recent merger of the Singapore exchange with the ASX has cast a shadow on the viability of NZX; But if you really think about it, NZX have diversified a lot over the years, they started the milk and dairy futures market place last year and with the all the talk of selling portions of the state owned enterprises and listing them on the NZX will only bolster its income. Also I don’t think it’s just the brokerage houses that own NZX. ACC own greater than 7.5% of NZX + many of the big investment funds hold a decent chunk.<br /><br />oh yes there been a great deal of interest in the stock in the last two weeks and that has bumped the price up in the short term, but that shouldn't be no indicator to sell it! I can find more compelling reasons to sell PPL and other bung stock than NZX. From a birds eye point of view, it is a our national stock exchange; With all its new products it is becoming a more of a niche/specialist player, It had an acquisition offer form the ASX 5 years ago (blocked by the labour government then), and it still looks very attractive for an acquisition.Ricky Gnoreply@blogger.com