Recent content by LTD

OPI Pacific and Boston Finance mentioned in a NZ article, here: http://http://tvnz.co.nz/business-news/fma-still-investigating-16-finance-companies-4404035 "FMA still investigating 16 finance companies" Published: 12:53PM Thursday September 15, 2011 Source: BusinessDesk in Part...

The NZ arm of MFS,bought/owned? a string of financial advisers under the name Vestar who directed investments into (building development too) ie..Bridgecorp, Capital & Merchant.etc... I have lost rack of how OPI fit into this and Boston finance? but it all fell like dominoes....imo Capital &...

Hello All, Seamisty, keep up the good work. I am a dreaded ex MFS shareholder who has your interests at heart and wish all the unit holders the best of luck... I thought a few here might be interested in the continuing litigation news re MFS/OCV and I apologise if you have already seen...

Hello, I just retrieved this bit of news from across the ditch...not directly related but perhaps it's of interest to those who follow these things a bit better than me. http://www.stuff.co.nz/business/money/5001409/Markhams-audit-boss-banned-over-Boston-Finance Good Luck.

Has this been missed because I didnt see it posted...but could be old news? http://www.goldcoast.com.au/article/2010/12/10/275891_gold-coast-business.html "Iconic Surfers sale set to light a spark Tracey McBean | December 10th, 2010 AN acquisitive Sydney funds manager is banking on...

http://business.scoop.co.nz/2010/12/09/sfo-charges-capital-merchant-founders-nicholls-douglas/ SFO arrests, charges Capital + Merchant founders Nicholls, Douglas By Paul McBeth Dec. 9 (BusinessDesk) – The Serious Fraud Office has arrested and charged the founders of Capital + Merchant...

This is the crux of the matter re retail investors... "do not fully understand the risks associated with the products in which they invested." The products werent invented for investors benefit.Thats a problem. Naturally the products were invented/produced by the experts for some-ones...

Heres a link reporting mismanagement of City Pacific FMF that I havent noticed anyone post. http://www.smh.com.au/business/city-pacific-could-face-100mplus-legal-claims-20101206-18mww.html Re ASIC ...I try to understand them...not exactly given much to work with,imo. NZ seem to be doing...

Thanks Duped.. I liked your post above... Are you sycic or am I having another jump to conclusion moment? I read that Apollo was in the hunt for Golden Tulip but didnt make it. This was of interest to me...but possibly not interesting for PIN. Remember HFA was bourne? from MFS or at least...

Thanks Duped, I had better clarify that the above remarks made by me would relate to Octaviar and there are many types of OCV now.... That recoverable estimate probably has nothing to do with PIF.. I could find the link again if you need it? I keep thinking as a shareholder, actually...

I just had another jump to a conclusion thought... If MFS was ready to bid for Centro assets/debt? or whatevers? back in 2008... not exactly sure of the timing but it surprised,imo.... Was there some sort of connection?...ie property development/ownership/debt ..personell/director/advisor...

Hi Marcom, I found this old article dated 14th Feb 2008 , during the shakeout which covers the PIF situation and states that CIY were given 'exclusivity' and there being tyrekickers around etc...Note the value...

Thanks Seamisty, That article doesnt look the same as the one I am picturing but does have a lot of info...on the subject...my accounting skills are negligable and so the 68mil refinancing with non other than "bank of scotland" ie RBOS? etc doesnt add up to the number i get for sales...

Hi Marcom, How can such things be undone IF preferential, and are there past examples? and correct me if I'm wrong...please.. but wasnt it this fellow who just returned?a swag of MFS shares... I vaguely remember a news report which was so long ago and now stored in my memory amongst so...

I thought that some of you might be interested in this article...re CENTRO class action.. quite different as it involves shareholders but some interesting points,imo. http://www.smh.com.au/business/court-ruling-forces-switch-in-centro-case-20101201-18gol.html