TOL - Toll Holdings

[notting]

The only risk is the foreign exchange board as far as I can see. They should be shot if they block it.
you can hang around for the 10c and the dividend if they are still going to pay it this Feb.
Or just take it and be happy.

 

[sptrawler]

The only risk is the foreign exchange board as far as I can see. They should be shot if they block it.
you can hang around for the 10c and the dividend if they are still going to pay it this Feb.
Or just take it and be happy.

Apparently they are paying a fully franked 13c dividend.

 

[McLovin]

Yikes! Plenty of kaizen needed to justify that price.

 

[VSntchr]

From an arbing point of view, the current price implies about a 5% chance that the takeover won't go through...based on some rough calcs that disregard franking credits.

It would be quite a risky trade for a small gain, with the payoffs (approx) 2.6% v -47%.


Speculators may take comfort in that GFF went through okay..

 

[rb250660]

Pretty happy here too. Picked up a bunch in December @ $5.83 in my super.

 

[futurenow]

Toll's ex-chief executive officer, Paul Little, who led the company's expansion into Asia and quit after 26 years in 2012, could be one of the biggest winners from the deal. He stands to make a A$325 million windfall from his 5 percent stake.

 

[System]

On May 29th, 2015, Toll Holdings Limited (TOL) was removed from the ASX's official list following implementation of the scheme of arrangement by which Japan Post Co., Ltd acquired all of the Company's issued capital.

 

[pixel]

On May 29th, 2015, Toll Holdings Limited (TOL) was removed from the ASX's official list following implementation of the scheme of arrangement by which Japan Post Co., Ltd acquired all of the Company's issued capital.

Another Australian company goes Overseas and exports all of its dividends.

 

[Value Collector]

Another Australian company goes Overseas and exports all of its dividends.

Maybe if the average Aussie wasn't so Property obsessed, we would have more investment dollars heading into our Share market and we wouldn't be such easy targets.

I think Australia is short of long term share market investors, at least compared to property investors.

The average Aussie to me seems like they don't mind taking heavily leveraged positions into property, but ask them to sit $25K in the share market for 5 years and they flip their lid.

 

[Wysiwyg]

Maybe if the average Aussie wasn't so Property obsessed, we would have more investment dollars heading into our Share market and we wouldn't be such easy targets.

I think Australia is short of long term share market investors, at least compared to property investors.

The average Aussie to me seems like they don't mind taking heavily leveraged positions into property, but ask them to sit $25K in the share market for 5 years and they flip their lid.

I.M.O. The price fluctuations where holdings can be underwater for an indeterminable period is a big deterrent.

 

[skc]

Another Australian company goes Overseas and exports all of its dividends.

The Japanese did pay a very handsome price! You can buy a lot more investments with that sum.

 

[Value Collector]

I.M.O. The price fluctuations where holdings can be underwater for an indeterminable period is a big deterrent.

Yes, and I think that basically comes back to the public perception of the share market being a place where you focus on short term movements in price, rather than being a place to buy and sell pieces of businesses.

If the public understood the long term value that can be generated by buying and holding and adding to a basket of good companies, They would make smarter decisions in my opinion.

I mean if your holding period is 10 years +, it shouldn't matter to you if in year 3 your portfolio drops 30%, If anything that drop is going to be a net plus for you.

Price fluctuations shouldn't bother you especially if you're planning to just use dividends to live off. Talk to any property investor and they will say, "well if the property price went down I would still get my rent, that's what I am planning to live off" but they would freak out if their share portfolio went down, it's just they look at the two asset classes through different glasses.