Forum Archive Index - May 2000

["Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>]

Unfortunately agree with Ben and Phil - probably some defamation issues.
Michael - you should be having serious words with someone more senior at the
broking service where your broker works, or if not comfortable with that
then I'm sure the Consumers' Institute would love to hear from you.  I very
much hope you pursue this matter - your broker has been misleading and
deceptive - prima facie breach of s9, Fair Trading Act - and as the broker
has personally benefitted from your purchase, they MUST be held accountable
for this behaviour.

Of course you could always send an email to the NBR.  I'm sure they'd
publish it....


----- Original Message -----
From: Ben Dutton <bendutton@sharechat.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Monday, May 29, 2000 12:01 PM
Subject: Re: [sharechat] Capital Properties


> Well said Phil - I absolutely agree with you.
>
> Thanks
>
> Benjamin Dutton
>
> ----- Original Message -----
> From: Phil Eriksen <phil@acepay.co.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Monday, May 29, 2000 11:23 AM
> Subject: Re: [sharechat] Capital Properties
>
>
> > Geoff Ewert wrote:
> >
> > > Yes warn us who
> >
> > >      Another thing is that this broker did not tell me that these
> > >      shares were in the form of an instalment receipt with a
> > >      further 57c due even when I ordered 9000 at 62c.  Man I was
> > >      VERY green at the time.  I only found out further payment
> > >      was due a couple of months later.  Well I have since learned
> > >      a lot in a hurry.  Can I name people in this forum?  Perhaps
> > >      Ben can advise.  michael
> >
> > Geoff, do we really need a witch hunt on Sharechat?  If you are not
> > happy with the advice you are getting, switch brokers.  If you are
> > unable to identify a bad broker, put your money into managed funds and
> > avoid having to.  If you doubt the advice of all brokers, use an
> > internet service.
> >
> > Whether or not this particular broker is "good" or "bad" isn't the
> > point.  The point is that if you post some guys name as a "bad broker"
> > on the internet, that email is sent to all of us.  Some of us may save
> > the message.  Some may print it.  Some may give it to others.  Without
> > any proof, without any scrutiny, based entirely on the experience of one
> > person, somebodys name can be circulated to a large audience of people.
> >
> > If people want to make public the names of their brokers because of a
> > bad experience, well, Ben and Will may as well not be here - hire the
> > team from TV3's Target to run the forum instead.
> >
> > Cheers,
> > Phil
> >
>
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>
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