ITS ABOUT TIME ALL INVESTORS STOP THEIR BABBLINGS AND ACCEPT THE FACTS NOW THAT THE NATIONAL WELLINGTON INVESTMENTS ROADSHOW PRESENTATION HAVE BEEN COMPLETED.
--THE FUNDS FINANCIAL STATUS IS AS PRESENTED IN ITS VARIOUS THREE MODES AS ALSO CONFIRMED BY THE INDEPENDANT VALUATIONS BY PRICE WATERHOUSE.
--- WELLINGTON CAPITALS PRESENTATION WAS EXTREMELY TRANSPARENT, EXEPTIONALLY SO,AND IF PIF INVESTORS HAD BEEN TO OR EXPERIENCED OTHER SIMILAR FUND/CORPORATE FORUMS THEN YOU WOULD UNDERSTAND THE QUALITY OF WILLINGNESS TO GIVE FULL DISCLOSURE TO ALL ATTENDEES.
-- WELLINGTON CAPITAL, PRIOR TO TAKING OVER AS THE PIF MANAGER WAS AND IS A VERY RESPECTED AND SUCCESSFUL FUND MANAGER.
FOR J.H TO TAKE ON THIS FUND PUTS HER OVERALL CREDIBILITY, CONSIDERING HER FAITH IN MAXIMISING AND RESURECTING THE PIF AT CONSIDERABLE PUBLIC EXPOSURE AS PRINCIPAL OF THE ENTIRE WELLINGTON CAPITAL OPERATIONS.
-- NO OTHER PARTIES HAVE COME FOREWARD AND I DOUBT IF THEY DID WOULD SHOW SUCH PERSONAL COMPASSION FOR INVESTORS WOES--
-- THE FACTS ARE THAT THIS IS A 3--5 YEAR REBUILDING PROCESS, MAYBE LONGER FOR THE FUNDS RECOVERY TO WHAT OPTIMUM LEVEL WOULD BE CRYSTAL BALL FORECASTING, BUT IT WILL GO FOREWARD !!!
---FACTORS TO CONSIDER ARE:
THE OVERALL STATE OF THE INVESTMENT MARKETS IN ALL SECTORS OF WHICH THE MANAGER HAS NO CONTROL.
TIME AS HISTORY DICTATES WILL SEE MARKETS IMPROVE ALONG WITH GOOD FUND MANAGEMENT TO MAXIMISE OPPORTUNITES.
THE FUND IN ITS CURRENT STATUS HAS LIMITED CASH FLOW AND MUST BE ALLOWED TO GROW FROM ITS CURRENT ASSET BASE.
IT IS NO LONGER AN INCOME FUND AND MUST BE ALLOWED TO STABILISE, WITH THE PRIORITY OF REDUCING DEBT.
DISTRIBUTIONS AND REDEMPTIONS SHOULD BE TAKEN AS A BONUS INITIALLY AND PATIENCE PRACTICED FOR THE FUND TO GROW ITS WEALTH.
I APPRECIATE THAT THERE ARE INVESTORS WHO ARE HURTING AND REQUIRE FUNDS TO EXIST, BUT TO GIVE PREFERENCE WITH REDEMEMPTIONS WILL ONLY SLOW THE FUNDS RECOVERY AND BE INEQUITABLE TO ALL UNIT HOLDERS.
COMMENT HAS BEEN MADE ON THE NSX LISTING.
AGREED THIS IS A SECONDARY EXCHANGE, BUT THE FACTS ARE AGAIN THAT THE FUNDS POSITION WILL ATTRACT LITTLE ATTENTION IN THE MARKET IN THE SHORT TERM. INVESTORS SHOULD UNDERSTAND THE MARKET BY DEMAND AND ASSESMENT WILL DICTATE THE FUND MARKET PRICE.
IF YOU WANT TO SELL THEN USE IT, BUT IT HAS TO BE AT AN OPPORTUNITY PRICE TO BUYERS??
LISTING WITH THE ASX WILL GIVE NO ADVANTAGES IN THE FUNDS CURRENT FINANCIAL POSITION.
AS THE FUND GROWS THE STRUCTURE WILL / CAN BE REVISED TO BE POSITIONED TO BE MAXIMISED AND VALUE ADDED TO UNIT HOLDERS.
THERE HAS BEEN COMMENTS ON VOLUNTARY LIQUIDATION OF THE FUND!!
THIS QUITE FRANKLY WOULD BE FINANCIAL SUICIDE AND BE ASSURED IN TODAYS MARKET AND THE FUND FINANCIAL STATUS WOULD CERTAINLY REALISE AT BEST THE ESTIMATES OF WELLINGTONS 14 CENTS PER UNIT.
IN CONCLUSION REGARDLESS OF YOUR SITUATION HAVE CONTROLLED AND ACCOUNTABLE CONFIDENCE IN WELLINGTON CAPITAL AS IT IS YOUR ONLY OPTION TO MAXIMISE YOUR INVESTMENTS.
--THE FUNDS FINANCIAL STATUS IS AS PRESENTED IN ITS VARIOUS THREE MODES AS ALSO CONFIRMED BY THE INDEPENDANT VALUATIONS BY PRICE WATERHOUSE.
--- WELLINGTON CAPITALS PRESENTATION WAS EXTREMELY TRANSPARENT, EXEPTIONALLY SO,AND IF PIF INVESTORS HAD BEEN TO OR EXPERIENCED OTHER SIMILAR FUND/CORPORATE FORUMS THEN YOU WOULD UNDERSTAND THE QUALITY OF WILLINGNESS TO GIVE FULL DISCLOSURE TO ALL ATTENDEES.
-- WELLINGTON CAPITAL, PRIOR TO TAKING OVER AS THE PIF MANAGER WAS AND IS A VERY RESPECTED AND SUCCESSFUL FUND MANAGER.
FOR J.H TO TAKE ON THIS FUND PUTS HER OVERALL CREDIBILITY, CONSIDERING HER FAITH IN MAXIMISING AND RESURECTING THE PIF AT CONSIDERABLE PUBLIC EXPOSURE AS PRINCIPAL OF THE ENTIRE WELLINGTON CAPITAL OPERATIONS.
-- NO OTHER PARTIES HAVE COME FOREWARD AND I DOUBT IF THEY DID WOULD SHOW SUCH PERSONAL COMPASSION FOR INVESTORS WOES--
-- THE FACTS ARE THAT THIS IS A 3--5 YEAR REBUILDING PROCESS, MAYBE LONGER FOR THE FUNDS RECOVERY TO WHAT OPTIMUM LEVEL WOULD BE CRYSTAL BALL FORECASTING, BUT IT WILL GO FOREWARD !!!
---FACTORS TO CONSIDER ARE:
THE OVERALL STATE OF THE INVESTMENT MARKETS IN ALL SECTORS OF WHICH THE MANAGER HAS NO CONTROL.
TIME AS HISTORY DICTATES WILL SEE MARKETS IMPROVE ALONG WITH GOOD FUND MANAGEMENT TO MAXIMISE OPPORTUNITES.
THE FUND IN ITS CURRENT STATUS HAS LIMITED CASH FLOW AND MUST BE ALLOWED TO GROW FROM ITS CURRENT ASSET BASE.
IT IS NO LONGER AN INCOME FUND AND MUST BE ALLOWED TO STABILISE, WITH THE PRIORITY OF REDUCING DEBT.
DISTRIBUTIONS AND REDEMPTIONS SHOULD BE TAKEN AS A BONUS INITIALLY AND PATIENCE PRACTICED FOR THE FUND TO GROW ITS WEALTH.
I APPRECIATE THAT THERE ARE INVESTORS WHO ARE HURTING AND REQUIRE FUNDS TO EXIST, BUT TO GIVE PREFERENCE WITH REDEMEMPTIONS WILL ONLY SLOW THE FUNDS RECOVERY AND BE INEQUITABLE TO ALL UNIT HOLDERS.
COMMENT HAS BEEN MADE ON THE NSX LISTING.
AGREED THIS IS A SECONDARY EXCHANGE, BUT THE FACTS ARE AGAIN THAT THE FUNDS POSITION WILL ATTRACT LITTLE ATTENTION IN THE MARKET IN THE SHORT TERM. INVESTORS SHOULD UNDERSTAND THE MARKET BY DEMAND AND ASSESMENT WILL DICTATE THE FUND MARKET PRICE.
IF YOU WANT TO SELL THEN USE IT, BUT IT HAS TO BE AT AN OPPORTUNITY PRICE TO BUYERS??
LISTING WITH THE ASX WILL GIVE NO ADVANTAGES IN THE FUNDS CURRENT FINANCIAL POSITION.
AS THE FUND GROWS THE STRUCTURE WILL / CAN BE REVISED TO BE POSITIONED TO BE MAXIMISED AND VALUE ADDED TO UNIT HOLDERS.
THERE HAS BEEN COMMENTS ON VOLUNTARY LIQUIDATION OF THE FUND!!
THIS QUITE FRANKLY WOULD BE FINANCIAL SUICIDE AND BE ASSURED IN TODAYS MARKET AND THE FUND FINANCIAL STATUS WOULD CERTAINLY REALISE AT BEST THE ESTIMATES OF WELLINGTONS 14 CENTS PER UNIT.
IN CONCLUSION REGARDLESS OF YOUR SITUATION HAVE CONTROLLED AND ACCOUNTABLE CONFIDENCE IN WELLINGTON CAPITAL AS IT IS YOUR ONLY OPTION TO MAXIMISE YOUR INVESTMENTS.
.... can anyone shead a bit more light on this one???
