Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

A reminder to all members that you agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


5 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

NZX, NEW ZEALAND EXCHANGE LIMITED
plastic
post Posted: Sep 15 2020, 08:27 PM
  Quote Post


Posts: 10,349
Thanks: 305


In Reply To: plastic's post @ Mar 20 2020, 03:39 AM

Crisis management extended by a month. Why just a month? How do they know the effect of Covid will be all over by the end of October?

https://www.nzx.com/announcements/359782




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Sep 3 2020, 06:07 AM
  Quote Post


Posts: 10,349
Thanks: 305


This must be what is happening with CBD and did happen with BGL. You'd think the Little Boys Club would do something about it and Sharesies even if its not Sharesies who is the problem. At least say something about what everyone else is seeing and thinking about. But nope. As long as they are clipping the ticket all is good.
https://www.zerohedge.com/markets/robinhood...eir-orders-hfts




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Sep 2 2020, 05:49 PM
  Quote Post


Posts: 10,349
Thanks: 305


Sharesies days on the NZX could be numbered if this is anything to go by.
https://www.zerohedge.com/markets/angry-rob...nami-complaints




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Sep 1 2020, 07:11 AM
  Quote Post


Posts: 10,349
Thanks: 305


Boy! Would I like to see this.

Every parasite in town would have to go and do something else. All their microprofits and the market rigging they do would disappear overnight.

https://www.zerohedge.com/political/new-jer...h-volume-trades



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Aug 31 2020, 05:47 AM
  Quote Post


Posts: 10,349
Thanks: 305


Todays highlight will be at 10AM. Thats when we get to see if NZ has a stock market that works or not.
Its no wonder we get called the Shakey Isles sometimes.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Aug 30 2020, 07:59 AM
  Quote Post


Posts: 10,349
Thanks: 305


To help resolve their problems the NZX, a privately held company, have put a call into the GCSB, NZs security intelligence service, for help.

Immediately, you have to ask yourself, what's a publicly funded state organ which operates in total secrecy doing protecting a privately held company? Of course the national interest factor is a valid concern but when did standard business practices include protecting profits for a very few people to the cost of many?

Free market doctrine mandates the need for failing businesses to fail so those resources can be utilized elsewhere. They should not be the beneficiaries of corporate welfare.

Watch this space. More to come IMHO.

This is not going to be a return to business as usual. We will see a part nationalization of the operations hopefully.

And if it happens in NZ it will most likely happen in Australia. The ASX' days are numbered I would say.



--------------------
What did Uncle Mel do to us?
 

Featured Stock Stories





plastic
post Posted: Aug 28 2020, 10:39 AM
  Quote Post


Posts: 10,349
Thanks: 305


Just imagine if they got onto Amazon. Anyone anywhere in the world would be able to trade NZ stock if they so desired. No more parasite brokers sitting in the middle charging stupid money for a bit of data entry and exposure to trillions of dollars of foreign investment funds.
All those brokers might have to go and get a real job. Civil construction is short of labour at the moment.




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Aug 28 2020, 10:13 AM
  Quote Post


Posts: 10,349
Thanks: 305


In Reply To: plastic's post @ Aug 21 2020, 12:48 PM

The Little Boys Club is getting found out and they probably aren't paying attention because they have enough problems of their own. Four days now of some kind of cyber attack and everyone has gone shtum on it.
Wouldn't be surprised if they go the way of the dinosaur with their function being put onto a platform like TradeMe or Amazon who have better structure and systems.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Aug 21 2020, 12:48 PM
  Quote Post


Posts: 10,349
Thanks: 305


I wonder if the boys in the club are paying any attention.
https://www.asx.com.au/asxpdf/20200821/pdf/...rjj4jp6dj31.pdf




--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: May 20 2020, 08:49 AM
  Quote Post


Posts: 10,349
Thanks: 305


It's as if there is a giant AI eye in the sky watching the NZX making sure that all share price movements stay within the parameters of a specially formulated algorithm. But that is just nonsense because we all know it's all about fundamentals. As Buffet has said many times, sooner or later the market must recognise the underlying value of a business. And Soros labelled the intervening period until it does as the period of reflexivity. Even wrote a big book about it.



--------------------
What did Uncle Mel do to us?
 
 


5 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING