Australian (ASX) Stock Market Forum

RIN - Rinker Group

RIN are up to US$54.22 +72 cents and the US Stockscore, well up at 60.

The US chart is still asking for a rise to US$60 before we can be sure that this recovery is sound.
 
Realist said:
$14.72 now, not bad! :D

What will the dividends in November be? :confused:

Report on Bloomberg says that Hardie and Rinker are chasing their US peers that have risen sharply of late. Market is expected to recover further, in Rinker's sector, due to the slump in the oil price that will help with costs.

" Theage.com " has reported that a sharp rise in Hardie and Rinker may continue due to the Hurricane Katrina reconstruction.

In my view, both Hardie and Rinker are likely to push on strongly from here.
 
noirua said:
Report on Bloomberg says that Hardie and Rinker are chasing their US peers that have risen sharply of late. Market is expected to recover further, in Rinker's sector, due to the slump in the oil price that will help with costs.

" Theage.com " has reported that a sharp rise in Hardie and Rinker may continue due to the Hurricane Katrina reconstruction.

In my view, both Hardie and Rinker are likely to push on strongly from here.

Noirua !!! you might be grinning tonight!, perhaps I sold out too quickly ......happy sailing. :bowser:
 
did any1 rec a letter from david tweed? wat an a$$ offering $8.5 for a rinker share. i hope asic should do something abt this as some1 probably the elderly gonna get seriouly riped off from this.
 
tour said:
did any1 rec a letter from david tweed? wat an a$$ offering $8.5 for a rinker share. i hope asic should do something abt this as some1 probably the elderly gonna get seriouly riped off from this.

Haaa silly old bastard never thought to save on the postage -I sold! Now I wonder if I authorised him to purchase empty treasure trove would it cost him money????? errrrrrrrr silly bugger very amatuerish.Who cares ?
 
noirua said:
David Tweed is an " unnaceptable face of capitalism ".

Whatever -its obvious he preys on the uninformed....great way of making a return for pitance...David Tweed would be better extending his business into the Indian ,Seychelles & Iraqi stock markets also.............I mean how do you get an interveiw with this guy for a job do you need a CV?
Flippin'(schpelling) idiot! :fu:
 
3 veiws of a secret said:
Whatever -its obvious he preys on the uninformed....great way of making a return for pitance...David Tweed would be better extending his business into the Indian ,Seychelles & Iraqi stock markets also.............I mean how do you get an interveiw with this guy for a job do you need a CV?
Flippin'(schpelling) idiot! :fu:

The type of person who is likely to be caught out is; a person who inherits shares and has little interest; an elderly person who thinks they are capable of making a decision but have basically lost the capability; and a person who believes that NO " human being " in the financial sector could be this devious and basically so nasty and horrible.

The ASX allows this to continue, as does the Federal Government of Australia. It is their job to police these matters, perhaps they just don't care.
 
shinobi346 said:
:fu: @ David Tweed. He can take that letter and shove it where the sun don't shine.

"Shinobi346" I'll offer you $ 7.50 for your RIN shares does that mean I'm cunning? As to see how dark it is where the sun dont shine Grrrrrrrrr.....
Actually did you see the tel# on the envelope~interesting have a look. Also I was going to return the the form agreeing to it, unfortunately you have to buy a stamp-DAMN! Definitely the Arthur Daley from Mile End.
 
3 veiws of a secret said:
Also I was going to return the form agreeing to it, unfortunately you have to buy a stamp-DAMN!

My understanding of the way Australia Post operate is, if you send a letter without a stamp and there's no sender's name and address on it, they bill the receiver for the stamp and fine them a dollar. At least, that's what happened to when someone sent me an unstamped letter. I had to go into the post office and pay.

So, when I received letters from David Tweed offering to buy my RIN shares a few weeks back and last year, AMP, I wrote David some lovely little notes, unsigned, of course, and sent them to him. In them I politely explained to him his pedigree and courteously told him how I felt about his offer. :D They don't take long to write as it doesn't take a lot of effort to think of the words that I feel describe him and his operation. :p:

Hopefully plenty of others will do the same and he'll get a postage bill for his trouble.
 
I asked david if I could go short on that offer.....I would have made a killing...... speaking of that....why don't you come round for a beer some time Dave.....Tosser!
 
Sultan of Swing said:
My understanding of the way Australia Post operate is, if you send a letter without a stamp and there's no sender's name and address on it, they bill the receiver for the stamp and fine them a dollar. At least, that's what happened to when someone sent me an unstamped letter. I had to go into the post office and pay..

Actually the fine is $1.05, and has been for a long time. It is only imposed based on a limited statistical sampling of mail, though it should be increased for the David Twits of this world. Regards YN.
 
I received one of these a couple of days ago with a reply paid envelope.
To be fair the first page was the offer for the shares, then there was another page which quoted in large type the current value of the shares and directly alongside a quote for their offer. It was absolutely clear and so he is in no way misrepresenting what he is offering. His offer was approximately 30% below the current market price.

I just wrote on the second page "don't be ridiculous" and placed it in the reply paid envelope. Makes me happy for him to pay the postage.

But I don't think we can accuse him of doing anything dishonest if my experience is what he typically does. i.e. your house may be reasonably be valued on the open market at $500,000. I'm not doing anything wrong by coming along and offering you $300,000 for it.

Julia
 
Julia said:
But I don't think we can accuse him of doing anything dishonest if my experience is what he typically does.

The way he now quotes the value and his offer on the front page is no the way he used to do it. He only does it this way because ASIC have clamped down on him and threated him with jail time.

Before that he just made the offer with no reference to their true value. This is when he made his millions by preying on the uninformed, uneducated and unsuspecting.

In the BRW 2005 Young Rich List edition, there was an article on him. It had 7 ways he plays the system.

One of them is this.

He uses the court system. In the first half of 2003, Tweed issued 500 summons to small investors who were refusing to relinquish their shares after they realised they had been duped. He generally succeeds.
 
Hi all,

I was hoping somebody could advise me, where I can get analyst share price targets....not that I trust them after they screwed me with RIN......but still better then nothing.....

Anyways, everywhere I look it entices you and then you have to join and pay .....

Much appreciated, JAK
 
Donald Trump Junior spoke on Fox TV and did not see the property market in slump. He appeared quite upbeat and confident when he spoke about Hawaii, NY and Florida.
 
JAK said:
Hi all,

I was hoping somebody could advise me, where I can get analyst share price targets....not that I trust them after they screwed me with RIN......but still better then nothing.....

Anyways, everywhere I look it entices you and then you have to join and pay .....

Much appreciated, JAK

The Fin Review gives about 5 analyst reports a day. They mentioned RIN recently and gave an estmate of about $16.
 
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