Forum Archive Index - March 2002

["Ben Dutton" <bendutton@sharechat.co.nz>]

Hi Nick, sorry but I don't really know anything about Intaz (except what the
Herald has printed).  Sounds like an interesting product though, and if they
can achieve the projected sales and market penetration investors could be on
to a winner.

Best, Ben

----- Original Message -----
From: <nickk@quicksilver.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, March 12, 2002 3:12 PM
Subject: Re: [sharechat] Intaz


>
> Ben
>
> Much obliged.
>
> Maybe you should write the articles!
>
> Got an opinion on Intaz?  I like it.  Another article on them in this
> morning's granny Herald.
>
> Regards
>
> Nk
>
> Ben Dutton writes:
>
> > Nick, I noticed that you hadn't received an answer about this, so here
> > goes...
> >
> > You're getting confused between the Unlisted Securities Market (the USM)
and
> > the New Capital Market (the NCM).  The USM isn't part of the New Zealand
> > Stock Exchange as such - but companies on it are traded through the NZSE
> > trading system.  The NCM by contrast, is part of the NZSE, and shares
for
> > that are quoted on the FASTER trading system.  The NCM lists companies
at 50
> > cents a share, companies can list on the USM for however much they want.
> > All you need to do to list on the USM is to get a sharebroker to sponsor
you
> > (the cost is pretty minimal) - it's easy as - and there are no NZSE
rules
> > and regulations to protect (or not protect) investors.
> >
> > If you're confused don't worry, you're not the only one.  In the
following
> > article Brain Gaynor talks about the NZSE's spin doctor who got it wrong
> > himself in a press release:
> >
> >
http://www.nzherald.co.nz/storydisplay.cfm?thesection=money&thesubsection=&s
> > toryID=940252
> >
> > (It's at the end of the article).
> >
> > Best Regards
> >
> > Ben Dutton
> >
> >
> > ----- Original Message -----
> > From: "Nick Kearney" <nickk@quicksilver.net.nz>
> > To: <sharechat@sharechat.co.nz>
> > Sent: Sunday, March 10, 2002 3:31 PM
> > Subject: Re: [sharechat] Intaz
> >
> >
> > > Great...but I thought companies that listed on the secondary board
> > > subscribed their shares at .50c for the listing.
> > >
> > > Is that right?  If so, what is this $1 listing all about?
> > >
> > > Nk
> > > ----- Original Message -----
> > > From: "Kevin Young" <youngk@zfree.co.nz>
> > > To: <sharechat@sharechat.co.nz>
> > > Sent: Sunday, March 10, 2002 11:30 AM
> > > Subject: [sharechat] Intaz
> > >
> > >
> > > > l think Intaz should do well. I have read a report which compares
Intaz
> > > with Software
> > > > of Excellence and Keylogix. Intaz compares well with both of them.
Intaz
> > > appears
> > > > to be managed and funded by a group of astute people well known in
NZ
> > > business circles.
> > > > Companies such as IBM and Oracle have described Intaz's product as
"best
> > > of breed".
> > > >
> > > >
> > > > My only concern is that Intaz will be listed at the end of March on
the
> > > NZSE New
> > > > Market Board rather than the main board. However this is only a
small
> > > concern.
> > > >
> > > > The company is trying to raise $10m. $5m from professional investors
and
> > > $5m from
> > > > public float. The professional investors will pay 95c per share plus
one
> > > free option
> > > > for every 3 shares subscribed exercisable at $1 after 12 months. The
> > > public offer
> > > > is at $1 only.
> > > >
> > > > This is what you should do. Apply for $150,000 shares as a
professional
> > > investor
> > > > at a cost of $142,500. You will be alloted 150,000 shares and 50,000
> > > options. When
> > > > Intaz list, dispose of your 150,000 shares (hopefully at $1 or
better)
> > and
> > > keep the
> > > > 50,000 options. If the company does well and the share price goes to
say
> > > $2 after
> > > > 12 months, exercise the option pay the $1 and pocket the other $1.
If
> > the
> > > share price
> > > > is trading at 75c don't excercise your option.
> > > >
> > > >
> > > > __________________________________________________
> > > > Advertise with ZFREE - to find out more click below
> > > > http://www.zfree.co.nz/about-us/advert.html
> > > >
> > >
> >
> --------------------------------------------------------------------------
> > > --
> > > > To remove yourself from this list, please use the form at
> > > > http://www.sharechat.co.nz/chat/forum/
> > > >
> > > >
> > >
> > >
> >
> --------------------------------------------------------------------------
> > --
> > > To remove yourself from this list, please use the form at
> > > http://www.sharechat.co.nz/chat/forum/
> > >
> >
> >
>
> --------------------------------------------------------------------------
--
> > To remove yourself from this list, please use the form at
> > http://www.sharechat.co.nz/chat/forum/
> >
>
> --------------------------------------------------------------------------
--
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/
>


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/