StockTalk

I had a good go at them at the annual meeting, afterwards in discussions and followed that up with a letter to the board. You can lead a horse to water but you can't make it drink. I think their focus will be on risk management in the middle east for quite some time.

I've gradually lost patience and confidence in the board as the year has gone on and have been steadily selling small amounts for several months and am now out. Good luck to holders.

" required.  Long periods of patience with ultra low dividend yield is not something I am very good at."
   Maybe try some barking .

Quote from: Left Field on Aug 25, 2026, 08:25 AMFPH hit a 52 week high of $45.25 yesterday and F.Barr have lifted target SP to $46.90
ASM today.

All time high on closing with 457.000 traded at $46.45 on close.

Life is good.

I haven't read through this But Sthld RC has Jarden to place to market around 4 million shares which might offer some supply. Councils first SPH in over 25 years. explains pre open $30M trade today. I might watch with interest what is to happen, but Ferg will no doubt have an eye on it.
https://api.nzx.com/public/announcement/480962/attachment/478300/480962-478300.pdf

Quick glance it's a bookbuild process to be sorted by end of this week by Jarden's around a $8 / share base, can't imagine it will be a problem, the $30m will represent the 80% that Jarden's has underwritten with a further 20% included. Got to be all institutional I am assuming without a retail offering component.

Seems to be a real focus on their home market in Singapore where they feel they have a competitive advantage.
I didn't see anything in their strategic review that would give cause for optimism for NZ assets.  The endless malaise in the property market is not helpful to CDI.
I still think their focus for the foreseeable future will be with risk management in the Middle East.  Lots of patience required.  Long periods of patience with ultra low dividend yield is not something I am very good at.

Paul McBeath in this morning's The Bottom Line newsletter is speculating that neither MCK nor CDI appear to fit comfortably in CDL's refreshed strategy.  He speculates that CDI could be merged into Fletcher Residential and Winton (presumably under new ownership) and that MCK doesn't appear to fit the hotel strategy of focusing on large hotels in gateway cities, and could be mopped up as a precursor to an exit.

Clearly both MCK and CDI are small fish in the CDL pond, so possibly a lower priority in the short term.

Quote from: Southern Lad on Sep 24, 2026, 02:56 PMLodestone Energy (assuming they proceed with the IPO next week) may well be in the mix after the required stand down period for new listings.

Not with just the float of NZ$100M. A rough free-float figure for SEK is $200M, and PEB could be closing in on $300M.

Useful coverage of  the  special meeting to approve TSB takeover.

https://www.interest.co.nz/banking/140447/live-heartland-group-holdings-seeks-shareholder-approval-four-key-resolutions

Plus HGH's subsequent announcement that the TSB takeover is approved with 94% voting in favour etc.....

https://api.nzx.com/public/announcement/480893/attachment/478245/480893-478245.pdf

Hallenstein Glasson Shines !
https://www.goodreturns.co.nz/article/the-markets/hallenstein-glasson-shines-nzx-50-climbs-16-in-sept-quarter?utm_source=GR&utm_medium=email&utm_campaign=Final+Bell%3A+Hallenstein+Glasson+shines%3B+NZX+50+climbs+1.6%25+in+Sept+quarter

EBO about where it was 10 years ago (well, about 3.7% above where it was 10 years ago)

I held for a long time and sold the very morning the chem warehouse contract was lost. Haven't looked at it again till just now - I suppose the headline yields and val metrics are starting to look pretty interesting