Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
MCK
millennium & copthorne hotels new zealand limited
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Ann: WAV/RULE: MCK: MCK - Application for waiver
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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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Metals & Mining SECTOR NEWS
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18 Jun 2025 LITHIUM UNIVERSE LIMITEDLU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more
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Sharenot 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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Sharere: 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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Sharere: 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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Sharelook 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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Sharere: 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- *Removed* this post has been removed from public view
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ShareThere 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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Sharesandune, 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!- *Removed* this post has been removed from public view
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ShareVery 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.- *Removed* this post has been removed from public view
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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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Sharerogerm, 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.- *Removed* this post has been removed from public view
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ShareSo 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.- *Removed* this post has been removed from public view
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ShareAgree 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.- *Removed* this post has been removed from public view
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ShareI 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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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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- Release Date: 27/09/13 17:55
- Summary: WAV/RULE: MCK: MCK - Application for waiver from NZSX Listing Rule 9.2.1
- Price Sensitive: No
- Download Document 9.65KB
MCK 27/09/2013 15:55 WAV/RULE REL: 1555 HRS Millennium & Copthorne Hotels New Zealand Limited WAV/RULE: MCK: MCK - Application for waiver from NZSX Listing Rule 9.2.1 NZX Regulation Decision Millennium & Copthorne Hotels New Zealand Limited Application for Waiver from NZX Main Board Listing Rule 9.2.1. Background 1. Millennium & Copthorne Hotels New Zealand Limited ("MCK") is a Listed Issuer with Ordinary Shares Quoted on the NZX Main Board. 2. MCHNZ Investments Limited ("MCHNZ") is a wholly owned subsidiary of MCK. MCHNZ holds 24.5% of the voting ordinary shares ("FS Ordinary Shares") and 32.2% of the non- voting preference shares ("FS Preference Shares") in First Sponsor Capital Limited ("First Sponsor"). Millennium and Copthorne Hotels plc ("M&C plc") holds 15.8% of the FS Preference Shares through a series of wholly owned subsidiaries. Kingsgate International Pty Ltd ("KI") (61.3% of which is owned by MCK and 39% of which is owned by Tai Tak Estates Sdn Bhd ("Tai Tak")) holds 2% of the FS Preference Shares. 3. The remaining 50% of the FS Preference Shares and 24.5% of the FS Ordinary Shares are held by Tai Tak Asia Properties Pte Limited ("TTAP"), a wholly owned subsidiary of Tai T ak. 4. A structure diagram of the group is attached as a schedule to this decision. 5. One director of First Sponsor, Mr Wong Hong Ren, is also the chairman of MCK. 6. Another director of First Sponsor, Mr Ho Han Leong Calvin, is a director of a number of subsidiaries of MCK that are directly or indirectly partly owned by Tai Tak and is also the managing director of Tai Tak. Mr Ho Han Leong Calvin's directorship in the subsidiaries of MCK is to represent Tai Tak's interest in those joint venture companies with MCK, which include KI. Except for a number of joint venture companies and common investments with MCK, Tai Tak is not otherwise related to MCK, MCHNZ or M&C plc. 7. First Sponsor requires funding for further expansion, in particular the development of its properties in Chengdu, Sichuan Province, China. This new funding is proposed to take the form of an issue of new FS Preference Shares pro rata to First Sponsor's existing holders of FS Preference Shares (the "Transaction"). 8. KI (of which MCK owns 61.3%) may also subscribe for its pro rata entitlement of FS Preference Shares or alternatively MCHNZ may take up some or all of KI's entitlement. ? 9. The maximum amount of new funding the MCK group may be required to provide to First Sponsor under the Transaction is US$34 million. US$34 million constitutes approximately 20% of MCK's Average Market Capitalisation ("AMC") of $NZ243 million. The acquisition would therefore be a Material Transaction under the NZX Main Board Listing Rule 9.2.1 (the "Rules") as it is a purchase of assets with a value in excess of 10% of MCK's AMC. 10. The other FS Preference Share holders have indicated they will provide their respective proportionate share of the funding requested by First Sponsor. 11. Rule 9.2.1 requires an Issuer to obtain shareholder approval to enter into a Material Transaction with a Related Party. 12. MCK and First Sponsor are Related Parties, as MCK, First Sponsor, and a number of MCK's subsidiaries have common directors. Application 13. MCK seeks a waiver from the requirement in Rule 9.2.1 to obtain prior shareholder approval in relation to the acquisition of FS Preference Shares, to the extent that the subscription price for the new FS Preference Shares to be issued to MCHNZ and KI together exceeds 10% of MCK's AMC. 14. In support of its application, MCK submits that: (a) First Sponsor is neither a subsidiary nor a related company (as those terms are defined in the Companies Act 1993) of MCK; (b) Mr Wong Hong Ren is one of five directors of MCK. He has no material direct or indirect economic interest in First Sponsor (other than by way of reasonable directors' fees, if any); (c) First Sponsor's expansion plans and its proposal for further capital were formed independently and without influence from MCK, other than director input at board level of First Sponsor (one M&C plc group representative (Mr Wong Hong Ren) from a board of four directors); (d) any negotiations between MCK and First Sponsor in relation to the Transaction have been, and will continue to be, undertaken on an arm's length basis. First Sponsor has no ability to influence MCK in relation to its decision whether to enter into any agreement with First Sponsor in relation to the Transaction or to the terms and conditions of any such agreement other than through normal arm's length negotiations. MCK has considered, and will continue to consider, the merits of the Transaction independently and in its own interests. Accordingly, MCK's shareholders will be adequately protected; (e) as First Sponsor is not exerting influence over MCK in order to ensure the Proposed Transaction proceeds, the timing and cost implications for MCK in requiring it to convene a shareholders meeting and to commission an appraisal report in relation to the Transaction would prejudice shareholders rather than protect them; and (f) NZXR previously granted MCK a waiver from Rule 9.2.1 in 2011. The relevant facts for the current application are in substance the same as those of the previous waiver; (g) as a condition to any waiver granted, the MCK board is willing to certify to NZX that the negotiations in relation to the Transaction and the Transaction itself: i. are on an arm's length basis; ii. have been considered independently of First Sponsor; and iii. are in the interests of MCK's shareholders. ?Rules 15. Rule 9.2.1 provides: An Issuer shall not enter into a Material Transaction if a Related Party is, or is likely to become: (a) a direct or indirect party to the Material Transaction, or to at least one of a related series of transactions of which the Material Transaction forms part; or (b) in the case of a guarantee or other transaction of the nature referred to in paragraph (d) of the definition of Material Transaction, a direct or indirect beneficiary of such guarantee or other transaction, unless that Material Transaction is approved by an Ordinary Resolution of the Issuer. 16. Rule 9.2.2 provides: For the purposes of Rule 9.2.1, "Material Transaction" means a transaction or a related series of transactions whereby an Issuer: (a) purchases or otherwise acquires, gains, leases (as lessor or lessee) or sells or otherwise disposes of, assets having an Aggregate Net Value in excess of 10% of the Average Market Capitalisation of the Issuer; or ... ?17. Rule 9.2.3 provides: For the purposes of Rule 9.2.1, "Related Party" means a person who is at the time of a Material Transaction, or was at any time within six months before a Material Transaction: (a) a Director or executive officer of the Issuer or any of its Subsidiaries; or (b) the holder of a Relevant Interest in 10% or more of a Class of Equity Securities of the Issuer carrying Votes; or (c) an Associated Person of the Issuer or any of the persons referred to in (a) or (b), other than a person who becomes an Associated Person as a consequence of the Material Transaction itself (or an intention or proposal to enter into the Material Transaction itself); or (d) a person in respect of whom there are arrangements other than the Material Transaction itself, intended to result in that person becoming a person described in (a), (b), or (c), or of whom the attainment of such a status may reasonably be expected, other than as a consequence of the Material Transaction itself; ... Decision 18. On the basis that the information provided to NZX Regulation ("NZXR") is full and accurate in all material respects, NZXR grants MCK a waiver from Rule 9.2.1, to allow MCK and KI to acquire the FS Preference Shares in the Transaction. 19. NZXR grants the waiver in paragraph 18 on the conditions that: a. the Directors of MCK, other than Mr Wong Hong Ren, certify to NZX that: i. the negotiations in relation to the Transaction have been conducted on an arm's length basis; ii. the Transaction has been completed on an arm's length basis; iii. the Transaction has been considered independently of First Sponsor; iv. the Transaction is in the interests of, and fair to, MCK's shareholders. b. Mr Wong Hong Ren will not vote on any MCK board resolutions relating to the Transaction, nor will he be counted in the quorum for the purposes of considering the Transaction. Reasons 20. In granting a waiver from Rule 9.2.1, NZXR has considered the following: ?(a) Mr Wong Hong Ren is one of five directors of MCK, and, pursuant to Rule 3.4.3, will not vote on the board resolution relating to the Transaction, nor will he be counted in the quorum for the purposes of consideration of the Transaction. Accordingly, he will have little, if any, influence over MCK's decision to enter into the Transaction; (b) Mr Wong Hong Ren also has no material direct or indirect economic interest in First Sponsor other than by way of reasonable directors' fees, if any; (c) Mr Ho Han Leong Calvin's directorships in the subsidiaries of MCK is to allow him to represent Tai Tak's interests in those subsidiaries, as is common in joint ventures; and (d) The directors of MCK, excluding Mr Wong Hong Ren, will provide NZX with the certification required by the condition in paragraph 19 above. Confidentiality 21. MCK has submitted that the waiver application and the information contained within it (including the fact that MCHNZ is considering providing further funding to First Sponsor) are commercially sensitive. MCK has requested that the application and any decision be kept confidential until MCK has made an announcement regarding the Transaction, if any. 22. In accordance with Footnote 1 to Rule 1.11.2, NZXR grants MCK's request. ENDS. End CA:00241724 For:MCK Type:WAV/RULE Time:2013-09-27 15:55:22Price at posting: 68.0¢ Sentiment: None Disclosure: Held -
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ShareWe'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!- *Removed* this post has been removed from public view
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ShareI 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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ShareI 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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ShareShadow, 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.- *Removed* this post has been removed from public view
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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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Sharere: 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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ShareMaybe 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"...
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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
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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.......
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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.
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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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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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ShareI 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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ShareAt 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!- *Removed* this post has been removed from public view
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Sharere: 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!!- *Removed* this post has been removed from public view
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ShareWhat 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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