Australian (ASX) Stock Market Forum

Wellington Capital PIF/Octaviar (MFS) PIF

Re: Octaviar MFS Premium Income Fund PIF

Dear Moderator,

Thanks for removing the post by Maverick2802 and to whoever reported it.

Can you please advise if the account for Maverick2802 has been suspended as per the quote below. This person has had numerous inappropriate posts removed from this thread and maybe others will start posting on this thread again if they know they won’t be personally attached.

Regards,
Dora.
Yes, he has been suspended.
 
Re: Octaviar MFS Premium Income Fund PIF

Maybe it's in the mail to us Ernie. If it's not, then it should definately be raised at the meeting. I would have thought it an advantage rather than a disadvantage for Wellington to have this published.

In the current financial chaos, Wellington seem to have performed reasonably well!

...................JH

Ernie - Just received my hard copy in this morning's post.

JH
 
Re: Octaviar MFS Premium Income Fund PIF

Tsk tsk. Farewell Javier/Guesswho/Maverick. Hopefully when you reincarnate on this thread you will have learnt something from your previous mistakes :ald:

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"Hard to believe they got the floors cleaned in here after what happened..."
 
Re: Octaviar MFS Premium Income Fund PIF

Tsk tsk. Farewell Javier/Guesswho/Maverick. Hopefully when you reincarnate on this thread you will have learnt something from your previous mistakes :ald:

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"Hard to believe they got the floors cleaned in here after what happened..."

Gloat if you will Justin but there are still quite a few of us left who agree with his sentiment if not his wording.
 
Re: Octaviar MFS Premium Income Fund PIF

Thanks Selcipher. We can download the statements online. Easy.

Now I have to pay tax on $ I'm never going to see. What a crok of $*&#. Maybe Uncle Kev can use the money for a committee to investigate why so many citizens at times feel OWNED enough to feel like topping themselves ;) Or perhaps even pay some lawyers to go after the perpetrators.

I doubt it, more likely he'll allocate it to ASIC to fund the action against WC and pay some more ATO lawyers to chase the $60M from OCV. Leaving less for PIF.

How the f did the ATO let OCV/MFS keep trading (plundering PIF and selling Stella) with such a debt to them?
 
Re: Octaviar MFS Premium Income Fund PIF

John H

I am not going to place a report to the Moderator but everybody on this Forum has the basic right to privacy .

You have just abused that Right .
 
Re: Octaviar MFS Premium Income Fund PIF

Let's stay on topic now please.

Due to the personal attacks, there was talk of this thread been closed recently, and no one wants that.

You have plenty to discuss on a very important issue. Lets keep it all reasonable and not personal.

Thanks.
 
Re: Octaviar MFS Premium Income Fund PIF

Duped

Could you please visit the private message Forum

Am just about to write you something it will take about five minutes.
 
Re: Octaviar MFS Premium Income Fund PIF

John H

I am not going to place a report to the Moderator but everybody on this Forum has the basic right to privacy .

You have just abused that Right .

Point taken, and apologies given.
 
Re: Octaviar MFS Premium Income Fund PIF

I have just wrote down in my diary to put a post on the forum in about 2 to 3 years time When all you yes voters realize just what a terrible misstate you made & i can write WELL I BLOODY WELL TOLD YOU ALL SO i am looking forward to it it could cheer me up (maybe) ///////
 
Re: Octaviar MFS Premium Income Fund PIF

Thanks Selcipher. We can download the statements online. Easy.
Now I have to pay tax on $ I'm never going to see.

Me too, and the tax tt has been paid in former years on income rolled over - so much for the power of compounding!!

There's info about the tax statements on the WC PIF website.

Grateful if either of you wud point me [and perhaps others] in the right direction. I hv been to Wellington's website but cannot find a lead to PIF tax info. Tks Owen
 
Re: Octaviar MFS Premium Income Fund PIF

Holy Dooly

Dow down 678 points .

What person in there right mind would list anything at the moment.

If Jenny Hutson and WC is really thinking in the best interst of investors they should postpone listing our assets on the NSX during this crisis .

We are in the grip of a worldwide panic and flight to cash.
 
Re: Octaviar MFS Premium Income Fund PIF

Holy Dooly

Dow down 678 points .

What person in there right mind would list anything at the moment.

If Jenny Hutson and WC is really thinking in the best interst of investors they should postpone listing our assets on the NSX during this crisis .

We are in the grip of a worldwide panic and flight to cash.
JH & WC dont care a stuff about that they are home & hosed once they get the yes vote I can hear them laughing now all the way to tte bank Gee i wish i had shares in WC ///
 
Re: Octaviar MFS Premium Income Fund PIF

Holy Dooly

Dow down 678 points .

What person in there right mind would list anything at the moment.

If Jenny Hutson and WC is really thinking in the best interst of investors they should postpone listing our assets on the NSX during this crisis .

We are in the grip of a worldwide panic and flight to cash.

If this wasn't so serious it would be laughable, see attachment.

If WC doesn’t list the PIF JH's case study on 'listing managed investment schemes' will be a little brief. If it does list, there'll be a whole month worth of data to report on. JH will be able to boast how much units are trading for on the NSX based on an underlying NTA value of 45 cents. I'd pay $550 just to see that!

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"You better buckle up. I've had a lot to drink, just kidding. That's my humor!"
 
Re: Octaviar MFS Premium Income Fund PIF

If I were able to attend next week's PIF meeting, I certainly would be asking whether this is the moment (if ever) to be listing. We are witnessing a financial storm of huge proportions, so WC must put investors' interests as first priority. If a delay to list is to our advantage,
then so be it.

It's also interesting to be reading how authorities all around the world are after the scalps of financial managers responsible for this astonishing market collapse. It's reported that financial engineers, especially, can expect relentless investigation - including an examination of their assets.
 
Re: Octaviar MFS Premium Income Fund PIF

I'd rather JH used her time getting a better rate for our outstanding $9.4M debt. Ignoring any compounding/principle reduction, that 20% is costing us $157K a month. Do we know who the creditor is?

Seems to me that if this NSX conference attracts buyers to the NSX than good for us. Ut if it attracts more listings to compete for the investor dollar, then that's bad for us.
 
Re: Octaviar MFS Premium Income Fund PIF

If I were able to attend next week's PIF meeting, I certainly would be asking whether this is the moment (if ever) to be listing.We are witnessing a financial storm of huge proportions, so WC must put investors' interests as first priority. If a delay to list is to our advantage,
then so be it ..

Why wait for the members meeting to express your concern about the NSX. The decision to list or not to list has been given to us to vote on. Don’t vote Yes to list and then hope to be able to convince the RE not to do it.
 
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