Australian (ASX) Stock Market Forum

ZMM - ZIMI Limited

Jump to new
Ageo said:
I think it depends on the fundamentals of the company and the people that invest in it.

IPO's can be great, but sometimes horrible and thats why i always split my bank accross different companies.
Click to expand...

cooor..you own a bank? which one? ANZ? :D

lol

i'm spreading meself thin too, over IPOs, shares, overseas markets and the ol' property. it's like a swipe of peanut butter can be spread only that much over the wholemeal.
 
just to update purple i hear WHN is going to list on the 21st of August.

I will let you know when there is confirmation thow
 
Great news Ageo. the ASX site still puts it on 10th August as listing date.

will be interesting to see what happens to it when it lists. that's only a week away from now...hope we've hit bottom by then and start moving up. it's been a depressing 2 weeks to see prices keep falling.
 
the current IPO listings have been hurt badly...like babies slashed as soon as they poke their head out of the mother...painful indeed.

current listings AXE,HFC,DSN all mineral explorers all down between 2 - 12%.

meanwhile CUR still riding strong. still up.

waiting with bated breath for the 21st then..
 
purple said:
the current IPO listings have been hurt badly...like babies slashed as soon as they poke their head out of the mother...painful indeed.

current listings AXE,HFC,DSN all mineral explorers all down between 2 - 12%.

meanwhile CUR still riding strong. still up.

waiting with bated breath for the 21st then..
Click to expand...

yep i hear you, thats why i think WHN held off the float. Although i cant see the market doing a turn around anytime soon, but hopefully the Tuesday will be a steady day on the market.
 
Hey guys I was just about to create a new thread for this Company so i thought i'd just check just in case... I can see the hype is really encouraging particularly for anybody who appreciates the ethical and environmental side of investing... It looks as though this is a winner but the current storm flying over head may hinder it's take off temporarily... I might wait until the XAO begins to climb again but if I were to get in before it floated how can I?...

Also what other renewable energy stocks are there?
 
Sorry purple I noticed you keep saying WHL but it's WHN.... WHL is Wilhart limited............ cheers
 
insider said:
Hey guys I was just about to create a new thread for this Company so i thought i'd just check just in case... I can see the hype is really encouraging particularly for anybody who appreciates the ethical and environmental side of investing... It looks as though this is a winner but the current storm flying over head may hinder it's take off temporarily... I might wait until the XAO begins to climb again but if I were to get in before it floated how can I?...

Also what other renewable energy stocks are there?
Click to expand...

insider this stock has closed its allotment and is ready to float (you can only buy when it floats). Maybe if it opens lower you can get in if you want to hold for a bit.

Not sure what other renewable energy IPO's are out there but they seem to be interesting stocks as the hype for green energy is everywhere now. With mining IPO's i find unless they are making money from production already there they are usually a worry, most mining IPO's explore heaps (no production) so alot of people feel sometimes they dont want to fund someone else just having a look but instead actually producing.

The key area i find in reading the prospectus is the break down on what there going to spend the money on and also what the company is doing at this moment.
 
There was an article in the paper yesterday about AGL cancelling plans to create wind farms in near Dollar, a town close to Gippsland but about 60% per cent of residents opposed these wind farms because it was an eye sore, it was goig to create too much noise, it was going to hurt bird life etc.... They are 120 meters high but not too many people are going to like these things too much... I have to say though... after watching "who Killed the electric car" I have to think sceptically...

I guess it's how you ask questions... for example If I said would you like 120 meter tall, bird killing, noisy structures in your back yard to cut co2 emmissions? you'd say no... But If I said would you like to stop global warming, improve air quality for you and your kids and save our planet and precious rear and endangered species around the world? then you'd say yes... I bet AGL or perhaps more so the government seeing as the process actually topped at them, for their own reasons asked the wrong question... probably to help the coal industry or something... just My opinion anyway
 
Probably better to install them in desert areas.

This way we can kill two birds with one wind turbine.
 
Unfortunately they need to be on the coast because the wind comes from the sea's direction... They can easily farm around these things... they're just whingers
 
insider said:
Unfortunately they need to be on the coast because the wind comes from the sea's direction... They can easily farm around these things... they're just whingers
Click to expand...

not necesserily a town near Cowra Western NSW (4 hours from Sydney) is powered completely by wind turbines.

Anywayz lets see how it goes, WHN is actually looking at building the wind farms in scotland (they have secured lard peices of land).
 
insider said:
Sorry purple I noticed you keep saying WHL but it's WHN.... WHL is Wilhart limited............ cheers
Click to expand...

Yes, that was a mistake early on as they print it as WHL in the prospectus. anyway, it's full on WHN now.

I'd still rather they hold off the IPO till later though.
 
insider said:
Hey guys I was just about to create a new thread for this Company so i thought i'd just check just in case... I can see the hype is really encouraging particularly for anybody who appreciates the ethical and environmental side of investing... It looks as though this is a winner but the current storm flying over head may hinder it's take off temporarily... I might wait until the XAO begins to climb again but if I were to get in before it floated how can I?...

Also what other renewable energy stocks are there?
Click to expand...

Sigh. Agree. this current storm in the market is depressing everyone and every stock.

KUTh Energy (KEN) - geothermal explorer was due to list but they pulled it off.
 
insider said:
I guess it's how you ask questions... for example If I said would you like 120 meter tall, bird killing, noisy structures in your back yard to cut co2 emmissions? you'd say no... But If I said would you like to stop global warming, improve air quality for you and your kids and save our planet and precious rear and endangered species around the world? then you'd say yes... I bet AGL or perhaps more so the government seeing as the process actually topped at them, for their own reasons asked the wrong question... probably to help the coal industry or something... just My opinion anyway
Click to expand...
More likely it's to help the gas industry. That's who usually wins when some other power source is opposed by environmentalists.
 
anyone read about the mine disaster in China and the imminent deaths of 180 trapped miners?

http://www.smh.com.au/news/world/race-to-save-chinese-miners/2007/08/18/1186857821088.html

ghastly and saddening...the loss of lives. Beaconsfield is still fresh in our minds.

but if I could take the situation from a purely trading perspective, here is an interesting paragraph from that article :

"China is now keenly exploring clean and renewable energy resources such as wind power, bio-fuels and gas to reduce reliance on coal, although experts say wholesale conversion is unlikely for financial reasons and because of lack of technology."

check out the recent IPO last month, of a wind turbine producer in China (back on post #25 ) : https://www.aussiestockforums.com/forums/showpost.php?p=184742&postcount=25

watching all these world events, i can only speculate that green energy would be very high up on China's agenda.

true, we cannot export green energy like our metals. the only way stocks like WHN or other renewables could benefit is to export the technology.

but still, the sector benefits from all this hype.
 
Update:

Finally this IPO is listing today at 11am (sydney time).

Not too sure if its a good day thow as the dow got smashed on friday night.
 
Update:

Opened @ 15c

Now @ 13c

Crappy day to open but hopefully in the next couple of days it turns around.
 
Top