In what we believe is a company transforming event, TPG Telecom (TPM) has announced the acquisition of Telecom New Zealand Australia Pty Ltd and its subsidiaries, which include the AAPT and PowerTel businesses. Continue reading
Well, it’s that time of year again. The time I traditionally throw a cat amongst the pigeons to get everyone to think carefully about what they are doing and to question whether they should continue with it next year. This year, I have deliberately fired up the ether with a claim that a particular stream of charting or technical analysis is rubbish… Let’s see whether anyone can conjure up evidence that ‘support’ and ‘resistance’ stands up to the scrutiny of mathematical and statistical evaluation. Continue reading
Veda opens near our intrinsic value estimate of $1.77.
As you know we have been speaking about the only game in town being the current rash of IPOs for some time. Continue reading