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Groups > aus.computers > #50119
| From | "Rod Speed" <rod.speed.aaa@gmail.com> |
|---|---|
| Newsgroups | aus.computers, aus.electronics, aus.politics |
| Subject | Re: Dick Smith is the Greatest Private Equity Heist of All Time |
| Date | 2016-01-09 19:22 +1100 |
| Message-ID | <dfbuapF74nqU1@mid.individual.net> (permalink) |
| References | (3 earlier) <1dri1yweok470$.1agjyq9e07269$.dlg@40tude.net> <dfbk6iF4t1pU1@mid.individual.net> <n6q642$sms$1@dont-email.me> <dfbl36F5376U1@mid.individual.net> <n6qaah$6p9$1@dont-email.me> |
Cross-posted to 3 groups.
"Pelican" <water-birds@sea.somewhere.org.ir> wrote in message news:n6qaah$6p9$1@dont-email.me... > > > "Rod Speed" <rod.speed.aaa@gmail.com> wrote in message > news:dfbl36F5376U1@mid.individual.net... >> >> >> "Pelican" <water-birds@sea.somewhere.org.ir> wrote in message >> news:n6q642$sms$1@dont-email.me... >>> >>> >>> "Rod Speed" <rod.speed.aaa@gmail.com> wrote in message >>> news:dfbk6iF4t1pU1@mid.individual.net... >>>> >>>> >>>> "Truth and honesty" <TruthandHonesty@bluetooth.com.au> wrote in message >>>> news:1dri1yweok470$.1agjyq9e07269$.dlg@40tude.net... >>>>> On Fri, 8 Jan 2016 17:56:42 +1100, Pelican wrote: >>>>> >>>>>> "Fran Farmer" <ask@maybeitwillbeforthcoming.com> wrote in message >>>>>> news:n6nlgs$r1p$4@dont-email.me... >>>>>>> On 8/01/2016 11:42 AM, Vote 99% Greens wrote: >>>>>>>> Posted on 29 Oct 2015 by Matt Ryan >>>>>>>> >>>>>>>> Dick Smith is the Greatest Private Equity Heist of All Time >>>>>>>> Want to know how to turn $10m in to $520m in less than two years? >>>>>>>> Just >>>>>>>> ask >>>>>>>> Anchorage Capital. The private equity group has pulled off one of >>>>>>>> the >>>>>>>> great >>>>>>>> heists of all time, using all the tricks in the book, to turn Dick >>>>>>>> Smith >>>>>>>> from a $10m piece of mutton into a $520m lamb. >>>>>>> >>>>>>> Thank you for a very interesting post. I'd heard part of that on >>>>>>> the >>>>>>> radio so it was fascinating to see more detail. >>>>>> >>>>>> Always good to see a new fiction writer emerging. >>>>> >>>>> >>>>> You are not wrong, its mainly fiction. >>>>> >>>>> http://www.applianceretailer.com.au/2013/07/lqynkbiver/#.Vo9foLND4Wm >>>>> >>>>> Woolworths confirmed that the “total proceeds from the sale of Dick >>>>> Smith” >>>>> were $94 million, including a $50 million payment on 28 June 2013 and >>>>> $24 >>>>> million in 12 monthly installments commencing July 2013. >>>> >>>> Still a fucking great ripoff of the investors. Even if they did pay >>>> $95M, >>>> they got $520M in the float, a fucking great ripoff of the investors. >>> >>> The main party losing was Woolworths, >> >> Bullshit, they got $95 for that steaming turd that was never going to be >> viable. >> >>> but no-one cares about them. >> >> The woolys shareholders do. >> >>> The investors should have known what was likely to happen, >> >> Easy to claim after the event. >> >>> and they took the risk of investing. It's not as if asset- >>> stripping by investment bankers is something new. >> >> It wasn’t asset stripping. >> >>> If public deal was unfair/unreasonable, they have a remedy. >> >> Like hell they do. > > They can whine. Nothing even remotely like a remedy.
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Dick Smith is the Greatest Private Equity Heist of All Time "Vote 99% Greens" <VoxPoop@spammail.com> - 2016-01-08 11:42 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time SolomonW <SolomonW@citi.com> - 2016-01-08 16:54 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-08 17:40 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-08 17:56 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Truth and honesty <TruthandHonesty@bluetooth.com.au> - 2016-01-08 18:06 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-08 21:33 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 08:30 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 11:13 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 11:25 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 12:59 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:57 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:55 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:22 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:44 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:46 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 12:58 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:57 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:54 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:28 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:37 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:38 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:55 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:53 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:53 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:26 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-09 18:18 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:33 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-09 21:24 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 08:34 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-10 10:13 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 15:34 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-10 15:59 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 17:05 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:29 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 16:36 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:45 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:48 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:22 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:28 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Jeßus <j@invalid.lan> - 2016-01-08 18:26 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time French <pw_112@gmail.com> - 2016-01-08 22:00 +1000
Re: Dick Smith is the Greatest Private Equity Heist of All Time Jeßus <j@invalid.lan> - 2016-01-09 08:03 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:48 +1100
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