SPK spark new zealand limited

Ann: ADDRESS: SPK: Spark Annual Meeting - Chairman's Address

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
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  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
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  3. These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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  4. =http://www.geocities.com/barrybolton187/lok.jpg>
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  5. =http://www.geocities.com/barrybolton187/lok.jpg>
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  6. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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  7. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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  8. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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  9. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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  10. re: not so stupid now**hey big ears**** You got me there big fella,
    I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
    regards

    Check out what the big money was doing during the fall.

    http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D
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  11. Hotcopper has not changed in my absence....
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  12. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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  13. Load of crock? Load of crack more like.
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  14. Great user name, Colin.....where'd you pull that one from? Your behind?
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  15. sandune, you come across as being so deluded by hate.

    The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!
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  16. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    A leopard does not change its spots, nor a tiger its stripes.

    Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.
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  17. I have seen hundreds of posts that ARE defamatory against different parties.

    My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.

    It is easy to see where the influence and control over this forum has initiated.

    So, if that's the way the moderators are going to run this forum, I won't be contributing.



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  18. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
    PEN is very tradable, but not out of the woods by a long way imo.
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  19. So you can see both sides of the story matty.
    I'm in the same boat having traded PEN from time to time.
    It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
    What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
    If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
    Shame on many of you.
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  20. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
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  21. Agree seuss.
    I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.
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  22. I know. Maybe I didn't explain myself very well.
    There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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  23. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
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  24. Do you have a 2.7 million deposit for a new home?
    As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000

    Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.

    Feeling sick enough yet?
    Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.

    So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!

    Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?

    To make your appointment for Perthites, and just for a sick session for others:
    http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829

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  25. lightbulb Created with Sketch. 2
    • Release Date: 07/11/14 10:37
    • Summary: ADDRESS: SPK: Spark Annual Meeting - Chairman's Address
    • Price Sensitive: No
    • Download Document  8.07KB
    					SPK
    07/11/2014 10:37
    ADDRESS
    
    REL: 1037 HRS Spark New Zealand Limited
    
    ADDRESS: SPK: Spark Annual Meeting - Chairman's Address
    
    MARKET ANNOUNCEMENT
    
    7 November 2014
    
    Spark New Zealand Limited
    
    Chairman's Address delivered at the 2014 Annual Meeting, Spark City, Auckland
    at 11.00am on 7 November 2014
    
    Kia ora and good morning.
    
    On behalf of the Board, management and staff of Spark New Zealand, thank you
    for attending the 2014 Annual Meeting. My name is Mark Verbiest and I am
    Spark New Zealand's Chairman.
    
    This is the first annual meeting since changing our name. This move, while
    significant, is just a single big step in the ongoing transformation of our
    business. It's part of a journey that reflects enormous change for our
    customers and our business.
    
    Two and a half years ago we made the decision that we needed to become
    significantly more relevant and competitive. We needed to do that in order to
    win with customers, and do so in a way that meant good and growing returns
    for shareholders. That's when Simon took up the challenge we set of leading
    Telecom into a brave new future.
    
    The Board appointed Simon because we knew this business needed to make
    fundamental changes and make some tough choices.
    
    We were clear that decisions needed to be made with a view to setting
    ourselves up for a future based around digital services and new ventures
    vastly different to the Telecom of old. This meant having to address our cost
    structure, as the traditional margins were being competed away, whilst at the
    same time ensuring we were at the forefront of delivering services and
    executing faster, as expectations of customers and competitive intensity
    continued to increase.
    
    Our customers wanted and needed us to change. They wanted us to be a growing
    New Zealand business that could help them unleash their potential in an
    increasingly technology-dependent and fast-changing world.
    
    Since then, we've been striving to deliver on that promise. We've made many
    big bold moves to reposition ourselves for a digital future - a future
    focused very much on the New Zealand market.
    
    Changing our name to Spark New Zealand was just one of many big steps on that
    journey. It was also, I think, an inevitable and essential move if we are to
    fulfil the potential that our customers, our people, our owners, and indeed I
    believe all New Zealanders, want to see from us.
    
    More than a million New Zealanders have an ownership stake in Spark New
    Zealand, either directly as a shareholder or indirectly through Kiwisaver
    investments. That's a responsibility to investors that helps drive our
    ambitions.
    
    At the core of the change we are going through has been a focus on listening
    to our customers, understanding what drives them, what matters to them, what
    they value, and what digital services they need to help them do amazing
    things.
    
    At our last results announcement in August this year we were able to share
    some results that demonstrate solid progress.
    
    Here are some headlines from our FY14 financial performance:
    
    Our profit was in line with expectations.  At the half year, we predicted a
    better second half performance off the back of customer led initiatives and
    our Turnaround programme and that is what we delivered.
    
    A net 191,000 new mobile customers joined us during the year - taking us back
    over 2 million connections and halving the gap that existed between ourselves
    and Vodafone at the time of CDMA closure in mid-2012.
    
    Our revenue share of the mobile market improved another two percentage points
    to an estimated 39%.  Cool new services like the free music app Spotify
    Premium are encouraging many people to take another look (or perhaps look for
    the first time) at Spark.
    
    Great new products such as Unlimited, Ultra Fibre and VDSL are helping
    maintain our estimated share of fixed broadband customer connections at
    around 47%.  And the launch of Lightbox (with the special deal for Spark
    broadband customers) gives us potentially even greater appeal.
    
    Spark Digital (formerly Gen-i) is continuing its rapid repositioning towards
    Cloud infrastructure, mobility, managed ICT and platform-as-a-service. To
    strengthen our position with business customers we purchased Revera and more
    latterly Appserv, who have built well respected reputations in the cloud
    arena. Our IT services EBITDA was up 38.5% on the back of our Cloud and data
    centre investments.
    
    Beyond the numbers, we had some huge operational achievements in FY14. This
    includes; launching 4G mobile; delivering the first part of a major IT system
    reengineering programme; building a new data transport network; greatly
    expanding our digital self-service options for customers; acquiring more 700
    MHz spectrum than anyone else ... and plenty more.
    
    The tough calls we have made to become more competitive have allowed room,
    alongside the funds freed by our divestment of AAPT in Australia, to invest
    in the areas where our customers are telling us they want us to be.
    
    At the core of all this is a determination to listen to our customers -
    understanding what drives them, what matters to them, what they value, and
    what digital services they need to help them in their lives and businesses.
    
    We've announced a 1 cent increase in annual dividend, to 17 cents per share
    for FY14. Combined with a healthy appreciation in the share price, this means
    our shareholders achieved a total return for the FY14 year of 28%.
    
    More recently our share price has climbed further. When considering the
    performance to date since beginning the implementation of this strategy in
    June 2013, Spark New Zealand's share price has risen by 38%. Taking into
    account dividends, the total return to Spark New Zealand shareholders has
    been 53% over this period. Comparatively, over the same period the NZX50
    gross index (including dividends) was up 22%.
    
    For this financial year, already one quarter in, we are striving for a return
    to sustainable earnings growth. In August we announced a guidance of
    targeting low single digit growth in EBITDA and low single digit decline in
    total revenue.
    
    It's only a few months into it, but the early signs are that the rebranding
    has proved successful - we are seeing an increase in foot traffic into retail
    stores, and an increase in online traffic to our websites.
    
    When we outlined our core strategy to investors in May 2013, we said that we
    realistically expected FY14 and FY15 to be years in which we stabilised the
    business and reduced costs, targeting revenue and margin growth and
    improvement in unit costs in FY16 and beyond.
    
    If anything, we actually think we are slightly ahead of this plan, however we
    know that the market is not standing still - competition remains intense,
    particularly in the mobile and broadband markets.
    
    The journey is far from finished, however we've put the business in the best
    position for over a decade to return to genuine, sustainable growth. It's
    time for us to capitalise on this opportunity and on all the hard work and
    tough decisions we've made so far.
    
    Before I hand over to Simon, I'd like to thank the management and staff of
    Spark New Zealand for their ongoing commitment to shaping Spark New Zealand
    into an original New Zealand business. I'd also like to acknowledge the
    contribution made by Kevin Roberts who retired from the board during the
    year.  Kevin made a great contribution, not only as a director, but also as a
    coach in encouraging the senior leaders in the business to be bold, move
    faster and be customer driven.
    
    I'd also like to thank you, our shareholders, for your continued support of
    Spark New Zealand. It's a privilege to serve as your Chairman. As
    shareholders you are, in effect, brand ambassadors for this company. So I
    would encourage you to tell your family and friends about the way in which
    Spark New Zealand is continually changing and how competitive we have become.
    
    If you aren't already a customer - give us a try. Become a Spark New Zealand
    ambassador and never stop starting.
    
    Thank you.
    
    - ENDS -
    
    For media queries, please contact:
    
    Richard Llewellyn
    Head of Corporate Communications
    +64 (0) 27 523 2362
    
    For investor relations queries, please contact:
    
    Mark Laing
    General Manager Corporate Finance
    +64 (0) 27 227 5890
    End CA:00257377 For:SPK    Type:ADDRESS    Time:2014-11-07 10:37:18
    				
  26. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

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  27. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!

    I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
    Hmmm. That's my best conspiracy theory for now!
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  28. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
    I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.

    The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.

    Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
    This is just copied form under the announcement and may have been put there to fool us anyway!

    30.3mt @ 1.7% CuEq
    (0.8% cut-off) Measured and Indicated
    97.9mt @ 0.96% CuEq
    (0.4% cut-off) Measured and Indicated
    272.9mt @ 0.62% CuEq
    (0.2% cut-off) Measured & Indicated and inferred
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  29. I find that post rather repugnant and cynical cusox.
    Right now, imo it's a buy.

    What does that have to do with anything else?
    Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper

    If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
    Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?

    It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
    We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.

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  30. Shadow, that is bull dust, and you know it.
    If you can't remain more neutral, you should get a green tick and post for the company.
    You simply can't give a value on it without ALL the information.
    Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.
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  31. No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.

    However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,

    Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.

    Cheers

    OI NQ , how they hanging?

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  32. Announcement from ERM has made my day. :)

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  33. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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  34. tvp
    Maybe this sheds some light on it ............................
    He was suspected of being Bendigo. Maybe the mods worked it out.

    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:27 - 236 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529197 - in reply to msg. #529196 - splitview

    piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:29 - 236 reads
    Posted by bigdump
    IP 210.49.xxx.xxx
    Post #529199 - in reply to msg. #529188 - splitview

    so who should be ashamed of themselves
    it squite ironic !
    Isn't talking to ones self a form of madness





    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:30 - 246 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529201 - in reply to msg. #529199 - splitview

    fark u 2 fool ramper

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:35 - 242 reads
    Posted by trade4profit
    IP 144.139.xxx.xxx
    Post #529204 - in reply to msg. #529197 - splitview

    diatribe...

    Here are the posts you refer to "6 - 8 weeks ago"...

    ---

    Subject copper strike.. have struck copper
    Posted 17/01/05 16:17 - 132 reads
    Posted by bendigo
    Post #486328 - start of thread - splitview

    Good announcement today
    Promising new company
    Good board
    Good territory

    go the ASX website & check out the announcment.

    Cheers
    Bendigo

    ---

    Subject re: copper strike.. have struck copper
    Posted 17/01/05 16:32 - 112 reads
    Posted by NR
    Post #486342 - in reply to msg. #486328 - splitview

    all ready on them bendigo......awaiting further annonucements.......


    ---


    Subject re: copper strike.. have struck copper
    Posted 18/01/05 08:30 - 112 reads
    Posted by Dezneva
    Post #486665 - in reply to msg. #486328 - splitview

    Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.

    ---


    These were the first 3 posts ever on CSE.

    Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."

    Problem is, it was Bendigo he was replying to and not you!

    How do you explain that?

    Cheers!

    The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:40 - 234 reads
    Posted by Rocker
    IP 220.253.xxx.xxx
    Post #529215 - in reply to msg. #529204 - splitview

    well picked up T4P


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  35. I get your drift joewolf.
    The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.

    Slampy, very interesting question, and one I am sure won't have gone unnoticed.

    Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.


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  36. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
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  37. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.

    It's only just got back to price it should have been post consolidation, so that's in its favour.
    Very little to sell, I like that, as it will move quickly.

    Many won't have received the email yet as they're at work, etc.

    Read more here.

    http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO

    Looks good for next week. Be prepared!
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  38. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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  39. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
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  40. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

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