PIF Investor Update October 2008 issued. distribution details,
Wellington just advised me " Because of the Global upheaval we're hoping to be able to pay the 3c distribution just before Christmas".
Deary me.
So they told you that the 1.5c, 31 Oct payment is now canned?
Wellington just advised me " Because of the Global upheaval we're hoping to be able to pay the 3c distribution just before Christmas".
Deary me.
Hi Roast,The new, corrected, Tax Statement for PIF, dated 20 Oct, is now available for download from the Computershare website... Has anyone checked Part D? I'm no tax guru but simple maths tells me there's a boo-boo. Does anyone agree?
So, it seems there is no distribution until December 24! This is a very bad start for WC PIF customer relations. Many of us have naturally planned around the Oct 31 distribution date as we believed what, in good faith, we were told. Ms Hutson, a quick explanation is required from you if this is the case.
So, it seems there is no distribution until December 24! This is a very bad start for WC PIF customer relations. Many of us have naturally planned around the Oct 31 distribution date as we believed what, in good faith, we were told. Ms Hutson, a quick explanation is required from you if this is the case.
It was a contributor to this thread (yesterday approx 1400) who broke the news about the apparent change of the distribution date. That WC should be using such a channel for the breaking of extremely important news is quite incredible. Breaker 1 should have been informed immdediately. Just let's consider the thousands of PIF investors who don't read this forum and are probably already spending their "distribution" money in advance and will be hit by the bombshell at a time convenient to WC. We surely all deserve more respect than this.
Does't part "D" relate to income paid for previous financial year;The new, corrected, Tax Statement for PIF, dated 20 Oct, is now available for download from the Computershare website... Has anyone checked Part D? I'm no tax guru but simple maths tells me there's a boo-boo. Does anyone agree?
Hi demodocus and All, You must have misinterpreted your information demodocus, the distributions are STILL ON TRACK!!! The following is an e-mail I received from WC just now::::Thank you for your email.Wellington just advised me " Because of the Global upheaval we're hoping to be able to pay the 3c distribution just before Christmas".
Deary me.
Hi demodocus and All, You must have misinterpreted your information
Kind regards
Caroline Snow
Associate Director
I find this statement vague for a company that should be in the process of organising a payment which is payable in 5 working days. The NSX announcements should be interesting in the coming week....
you for your email.
The directors of Wellington Capital Limited have resolved to make cash payments of 3 cents per unit to all unitholders by 24 Deember 2008, with the first instalment payable by the end of October 2008.
Kind regards
Caroline Snow
Associate Director
...
I find this statement vague for a company that should be in the process of organising a payment which is payable in 5 working days. The NSX announcements should be interesting in the coming week.
The new, corrected, Tax Statement for PIF, dated 20 Oct, is now available for download from the Computershare website... Has anyone checked Part D? I'm no tax guru but simple maths tells me there's a boo-boo. Does anyone agree?
Hi demodocus and All, You must have misinterpreted your information demodocus, the distributions are STILL ON TRACK!!! The following is an e-mail I received from WC just now::::Thank you for your email.
The directors of Wellington Capital Limited have resolved to make cash payments of 3 cents per unit to all unitholders by 24 Deember 2008, with the first instalment payable by the end of October 2008.
Kind regards
Caroline Snow
Associate Director
In regard to the 30 minute Trading Halt on the NSX this morning, the claim is being made by several investors in the wholesale premium income fund. This fund had a 24hr redemption clause (wish I had known that was available) and was instigated as a result of the collapse in share price of OCV. The outcome will not be known any time soon, WC see it as another hiccup which will be dealt with accordingly. Fortunately, legal issues are their forte!! Regards, Seamisty
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