MIX 0.00% 21.7¢ mirvac industrial trust

announcements, page-18

  1. 2,547 Posts.
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    mlc

    Good to "see" you again in HC land... and greetings to the potato people.

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    Haven't done a late post on MIX for a while... musing wasn't it?

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    Love it how we are all hoping to see the Aussie at 50 cents.... maybe our dear ASX will clear 7000 if foreign dollars start buying our miners etc again....??? eBay shoppers / jet setters have had their moment in the sun.... time for the dollar to go kerplop... and let us sell some real stuff to the world.

    I said 5250 would come in a couple of months the other day... at this rate we could hit it next week. Damn.

    Maybe I gotta log back into IG markets again and mess with that FOREX circus again.

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    Am wondering now though (with a freshly caffeined greedy brain).... if... how... and when... MIX will attract the attentions of a "Bigger Fish".... which I believe it will.

    With MIX's freshly-regained status as a profitable... yield bearing company... it is a fairly juicy... and genuine target.

    Impossible to down-ramp this stock to any great degree... it is almost just completely made up of boring facts and figures... so I am not sure any with bother with that down-ramp tactic.

    Minimal downside fundamental risk specific to MIX. Just a matter of finding some more "sticky" buyers if share price is to inflate.

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    20 cent range is very nice... and in theory it should take a little time to reach that price... if the next stage of buying is left purely to retail holders.

    But if indeed a "Bigger Fish" wants a decent PERCENTAGE of MIX as a company (fund types seem quite over the moon to snag 10 - 15% pa gains on their funds under management) .... MIX could get interesting much more quickly.

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    FISH - ie Collector Fish

    If Fish has a target of 5% stake of MIX... and has perhaps already collected 2% at average of 12 cents (while awaiting certainty in world markets and MIX itself).... Fish will now need to collect 3% from someone else...

    Even if Fish pushes price up past immediate "fair value".... into the higher 20's.... fish will have an average under 20 cents (AND the volume of stock he wanted).

    Fish can then go do other stuff... come back in 6 / 9 months and see his 18 cent average looking very cheap indeed... never mind the snazzy yields.

    Fish has only 6 months to act before August announcement... less the time he lost today. Hmmmmmmm.

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    I would be very surprised if any but retail holders.... or those with crazy low averages or free carries would bail in great numbers now. Unless of course they know of the next SIR or such-like.

    Bring on the Fish....

    Any thoughts....???

    Are we (MIX).... or will we... be on any "Bigger Fish" radars soon?

    It can just happen.... this was a big dollar... fat wallet... kinda stock not too far back.

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    We have seen some new substantial holders in very recent months.... might be the time for some more homework on current Top 20.... I have fallen down on that side of MIX fundamentals. Want to understand free-float and sellers better.

    Not so sure our newer substantial holders will sell any.... their level of patience and appetite for MIX shares may well be multiples many than that of mine.

    Was reading a very legitimate finance mag just today... and very legitimate fund manager (Fish) was bragging about 8 and 10 bagger stocks.... that they still hold today.

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    Hindsight starts tomorrow and next week... will see outcome soon enough.

    Forgive my ramblings

    Verbal diarrhea has struck.

    LT Buy / ST Buy / Buy sentiment changing by the minute.... but a Buy regardless.


    Regards

    bsh


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    My words are not advice. DYOR!
 
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Currently unlisted public company.

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