Home | Log in | Join Now! | Blog | Contact    Subscribe to the InvestEd Forum feed (new threads) via RSS
InvestEd :: Wealth Education for Australian Investors
Topics Forums Articles Glossary Blogs Margin Loan Simulator Other Today's Posts

Go Back   InvestEd > Direct Investment > Shares

Platinum IPO

Page 6 of 12 « First 4 5 6 7 8 Last »
 
LinkBack Thread Tools
Old 26-04-2007, 06:12 PM   #51
Member
 
Posts: 617
Join Date: Feb 2007
Location: Sydney, NSW
Quote:
Originally Posted by marmot View Post
Well I checked in the mail today to find a letter from my Margin Loan manager (NAB) offering me an option to participate in the Platinum share offer.

So it would apear that at least some of the Margin lenders may be passing on the IPO to eligible clients.
NAB advise as part of their that they have alocated Platinum an security ratio of 65%

cheers
wow comsec are only offering it a 60% LVR and its the lead floater..
DaveA is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 26-04-2007, 06:18 PM   #52
Team InvestEd
 
Posts: 1,153
Join Date: Jun 2005
Quote:
Originally Posted by DaveA View Post
Bell potter still has thier offer open for the IPO

i wonder if its worth signing up to become a member so you can apply under them, or if the fees involved would be too much...
Tried it, but the bell potter guy was honest enough to say "Mate, I'd sign you up as a client but there's NO WAY you'll get any Platinum...we're massively oversubcribed for our allocation..."

...well it was worth a shot...

Cheers
N.
__________________
Nigel


This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
Nigel Ward is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 26-04-2007, 07:55 PM   #53
Member
 
Posts: 309
Join Date: Jun 2006
Location: Sydney Nsw
Quote:
Originally Posted by Sim View Post
handy - I believe that the offer to existing unit holders hasn't been released yet.

If you look at the scrolling news text on your "account balance" page in the Platinum funds website, it says:



... so I'm guessing it will be in the mail !!
You were spot on. My SMSF received the letter the other day. Have put in another application after contacting them to make sure I could use the offer for a structure other than the unit holder (my SMSF)

Cheers
__________________
Comments made in this post may not be relevant to your individual circumstances. If you intend making any investment, financial or taxation decision you should consult the relevant professional adviser.
handyandy is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 26-04-2007, 08:34 PM   #54
Member
 
Posts: 136
Join Date: Aug 2005
Here is the first paragraph of an article in the Intelligent Investor - since I am not a subscriber so cannot read the article. Am hoping to get some from ComSec. Saw our CBA bank manager the other day and she said there would certainly be some scaleback by ComSec, but she could not guess by how much.

-------------
Platinum set for a grand entrance

It's rare that we recommend a float, and even rarer that we recommend you buy on listing at a significant premium. But Kerr Neilson’s funds management business is one of a kind.

--------------
pthm is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 27-04-2007, 04:58 PM   #55
Team InvestEd
 
Posts: 1,153
Join Date: Jun 2005
Just to update the BT customers, I contacted their customer service team re the Platinum float access for fund investors through the BT margin loan product and was told:

Quote:
Thank you for your enquiry. We are still waiting for confirmation from Platinum regarding what entitlement is available for our clients and how they would be processed. I have taken a note of your email address and we will contact you as soon as Platinum has outlined their requirements for this IPO.
Later when I emphasised how we're all keen for a resolution asap:

Quote:
Yes, this is being handled as an urgent priority by our Product Team to ensure that all our clients can participate if they are entitled to do so. I anticipate an answer for you very shortly.
I have to say generally I've found the BT customer service to be less than ideal...but perhaps they'll come through here...
__________________
Nigel


This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
Nigel Ward is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 27-04-2007, 06:59 PM   #56
Member
 
perky's Avatar
 
Posts: 295
Join Date: Aug 2005
Location: Sydney
Thanks Nigel,
Lets hope BT can get its act together, I wouldn't mind getting into this IPO.
perky is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 27-04-2007, 07:16 PM   #57
Member
 
DaveJ's Avatar
 
Posts: 122
Join Date: Nov 2005
Looks like Leveraged Equities have come to the party!!

If you have Platinum Funds in your Leveraged margin account then check your emails

Now to decide if or how much is worth investing...


Going to be VERY oversubscribed from my reading....

DaveJ
DaveJ is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 27-04-2007, 07:29 PM   #58
Member
 
Simon's Avatar
 
Posts: 520
Join Date: Sep 2005
Location: Newcastle
Quote:
Originally Posted by DaveJ View Post
Looks like Leveraged Equities have come to the party!!

If you have Platinum Funds in your Leveraged margin account then check your emails

Now to decide if or how much is worth investing...


Going to be VERY oversubscribed from my reading....

DaveJ
I just got this email too ... I am going to try for $50K worth and don't expect to get that much. Or would $100K be worth trying for you reckon?
__________________
Simon
Simon is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 27-04-2007, 10:45 PM   #59
Sim
Administrator
 
Posts: 4,358
Join Date: Jun 2005
Location: Sydney, NSW
Quote:
Originally Posted by DaveJ View Post
If you have Platinum Funds in your Leveraged margin account then check your emails
Just wondering what LVR Leveraged Equities are offering ?

Ironically, I refinanced my Platinum funds away from Leveraged Equities a couple of months back, and have only just applied to refinance them back to LevEq in the last couple of weeks (still pending) - so I doubt I will get an offer.
__________________
Sim'


This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
Sim is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 28-04-2007, 11:22 PM   #60
Member
 
DaveJ's Avatar
 
Posts: 122
Join Date: Nov 2005
There was no mention of LVR in the email... Will have to wait and see on Monday.

Maybe similar to other offerings above??
DaveJ is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply
Page 6 of 12 « First 4 5 6 7 8 Last »

« Aurora Sandringham Dividend Income Trust : AOD | research providers »
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT +10. The time now is 05:50 PM.

Archive - Top
Copyright © 2006 Investor Education Pty Ltd (ACN 114 677 226)
Site by Hampel Group