Australian (ASX) Stock Market Forum

TOL - Toll Holdings

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... oh yeah and I wouldnt be taking investment advice from 77TRADER77, reading your post one week on everything you said now seems ridiculous (although it did for me back then also).
Oh, good call with BHP (not). Anyone could have made that bandwagon call at that time after the fact. Gee look at the stock straight after that call.

Some dog TOL is. One of the better performing companies in Australian history. "Destroyed" - whats destroyed? I see as many TOL couriers, trucks etc on the street as ever before, doing real business.

How silly Little is, going for one of the best aquisitions for his company ever. If he didnt I as a shareholder would be left wondering why not.

Corrigan - smartest card in the deck?? Showing your hand aint that good in poker.

Like I say, you aint smart if you jump on the bandwagon....or wear last years fashion.
 
77TRADER77 said:
What a dog Toll Holdings is. Still sending me letters about PRK takeover even after ACCC told them to stop.
Shareholders in Toll feel the same way as shareholders in Patrick about Little... he destroyed his own great enterprise with greed.
I wanted to stay a loyal Patrick (PRK) supporter but costs and shareholder confidence deserted the mighty PRK too. But Corrigans one to watch.... smartest card in the deck... Predict PRK better/stronger than ever late 2006/early 2007.

I'm on Chip Goodyear now... BHP to roll to $30-00 like Chip said!
Click to expand...


77TRADER77 - suggest you read back page of AFR today, Full Page Article on your "smartest card in the deck". The guy is self centered and is shafting people like you, the shareholders, for his own stake and pride in his repuation in the corporate world in Australia, for it is a battle he does not want to lose now and is shafting shareholder value in the process. Talk about empie destroying and greed. You just got the wrong bloke pegged for it. Good luck with your analysis, might help to provide some support in your analysis though.

Suggest get out of PRK fast, before too much shareholder value is lost.
 
ahhhhhh look at the Half Year profit announcement today, so solid, so good, so secure = increasing share price.
 
So, who of ye faithful bought and held TOL stock?

We are looking at the Fed Ex equivalent of Asia here. TOL announced aquisition of Singapores Sembcorp today, servicing many economies throughout Asia.

Who is the smartest card in the deck then?
 
I expressed negative views about TOL when they failed in their bid for Patrick, and seemed to have no alternative of any substance to fall back on. However, today's Asian purchase DOES provide that alternative, and it seems not impossible that they may get some of Patrick's assets too, after all. Anyway, the stock now looks a lot better again, and I hastened to buy back in. Essentially, this has always been a good company. I don't regret having been out of it for a while, though. Good hunting, everybody.
 
Odysseus said:
I expressed negative views about TOL when they failed in their bid for Patrick, and seemed to have no alternative of any substance to fall back on. However, today's Asian purchase DOES provide that alternative, and it seems not impossible that they may get some of Patrick's assets too, after all. Anyway, the stock now looks a lot better again, and I hastened to buy back in. Essentially, this has always been a good company. I don't regret having been out of it for a while, though. Good hunting, everybody.
Click to expand...

Agree Odysseus you had a valid point and position, although I think everyone was a bit harsh on TOL at the time and over reacted, now its easy (not you) to bag me for sticking to my guns on TOL and claiming a good call, but in fairness im entitled to after stating a position that differed from the bandwagon, so to speak.

I do need to clarify however that they have not failed in their bid for Patrick. It was not as easy as anticipated in the beginning but as you rightly point out they may get there after all.
 
Time for an updated chart.

I got back in on 6th March for $11.95

Cheers,
GP
 

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Yes, it's an even prettier chart now :)

Pity I don't have Patrick as well.

GP
 

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GP

Good for you. And that chart will almost certainly get even prettier as negotiations continue.

Julia
 
GP - I picked up at 10.63 and 10.53 a couple of weeks back (low was 10.36).

IMO after the hype yesterday, TOL will gradually edge to $14 by end of week and $15 by end of month, and, if successful with PRK will start to head to $20. Yes this is a big call, but look at the underlying facts, Sembcorp acquisition alone prior to the PRK bid would have sent the shares to $15 (they were upper 13s prior to any takeovers). If successful with PRK then we have a logistics company that has incredible opporunity in the whole Asian region and very well vertically integrated.
$14 by end of week, $15 by end of month and then we'll see, but you know TOL will get PRK now, the signs are all there. Little wants it and Corrigan has a duty to shareholders to recommend an offer if it is of value to them , regardless of his pride (else he risks being kicked out or even legally liable)
 
Nick,

Good pick. I just go on technicals though, so waited for a push out of the triangle before buying.

Cheers,
GP
 
Nicks said:
GP - I picked up at 10.63 and 10.53 a couple of weeks back (low was 10.36).

IMO after the hype yesterday, TOL will gradually edge to $14 by end of week and $15 by end of month, and, if successful with PRK will start to head to $20. Yes this is a big call, but look at the underlying facts, Sembcorp acquisition alone prior to the PRK bid would have sent the shares to $15 (they were upper 13s prior to any takeovers). If successful with PRK then we have a logistics company that has incredible opporunity in the whole Asian region and very well vertically integrated.
$14 by end of week, $15 by end of month and then we'll see, but you know TOL will get PRK now, the signs are all there. Little wants it and Corrigan has a duty to shareholders to recommend an offer if it is of value to them , regardless of his pride (else he risks being kicked out or even legally liable)
Click to expand...

Actually do u think one should sell TOL at 15, as it may not go through again? Then buy back when sold off?

thx

MS
 
I take seriously those who think Toll may now have over-stretched itself. If it does get Patrick, it will have paid a heck of a lot for it, on top of its new Asian asset. And Pacific National will be split. Toll had a lot riding on that entity, but it must now sell 50% to someone else, and it is by no means clear that Toll's 50% (the half left, that is) will bring it much without a highly co-operative holder at the other end. Anyway, if it pays too much and the assets it buys need a lot of financial sacrifice, the new toys won't necessarily produce a lot of money. I think Corrigan was perhaps after all right in thinking of Little as an acquisitions junkie! It's no longer as attractive to hold or buy as a little while ago.
 

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