ING 1.11% $3.64 inghams group limited

Really ?? I see you are pumping up the stock - flat out on other...

  1. 5,033 Posts.
    Really ??

    I see you are pumping up the stock - flat out on other threads.

    My point was not Myer but the seller - TPG. TPG's record is one of flat out maximising the sale price to whichever sucker is willing to pay. And gee - haven't the suckers paid for it!

    I also note TPG sucked out $200m odd cash from selling property after acquiring ING from private owners (sale and lease back) prior to floating. They did the same trick with Myer - with selling 0ff Myer property prior to the float.

    The underlying business might be sound - that doesn't necessarily correlate with the share price (and the prospectus forecasts TPG have dreamt up).

    Cheers,
 
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