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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (14055)4/24/2013 6:22:40 PM
From: Hawkmoon  Respond to of 33421
 
I've watched and traded QTWW a number of times in the past. Their previous management, IMO, bordered on criminal negligence, if not incompetence. The Fisker Karma, beautiful as it might be, was based upon a Quantum design.

I've always felt their carbon fiber tanks, as well as conversion/installation components should have been their primary focus. But it required getting rid of that management to make it happen.

The real attraction is that their tanks are vastly over-engineered given the 3500 psi limit on NG pumps..

I'm still in a "show me da money" mode, but I think there is substantial upside given the long term trends I'm seeing, as well as their demonstrated efforts to sell off non-core subsidiaries.

Disclosure.. I added more the other day... Long term swing trade..

Hawk



To: robert b furman who wrote (14055)5/14/2013 12:59:29 AM
From: John Pitera1 Recommendation  Read Replies (1) | Respond to of 33421
 
Hi Bob..... sitting here musing of the that 50 foot back deck that you and your wife consummately refinished..... still remember that great system you had for mosquito repellant.... anyway.... also musing about the view of the beautiful setting on the Lake...... and it provides an excellent segue into.......

speaking of New Zealand... My Old Buddy Craig McIvor, who I worked with at Richardson Mann.... a Futures Trading and Brokerage Firm In Sydney... we took our exam to become a registered Representative of the Sydney Futures Exchange... on the same day.... at the same time...

I introduced Craig to Brett Higgins who was a buddy of my brother and a native of New Zealand Brett and I started an Australian company.... MODERN WORK MANAGEMENT.... when we young. ....... Craig went on to become Managing director of Reuters Australia ....... bought houses in Sydney..... and retired 10 years ago to a beautiful ocean Hillside Home in Auckland NZ..........


on to the Investment Idea.....

Bill English, the NZ finance minister was on cnbc or Bloomberg.... a a day on Friday...... they are privatizing their Governmental Holding much in the same manner that Thatcher did in the UK in the early 1980's.

They are issue a 1.4 billion $/NZD IPO of one of largest fresh water infrastructure assets which is also a power generating plant.......New Zealand's Mighty River IPO raises record $1.4 bln ,

It only trades on the NZ and Sydney exchanges at the moment.......... I believe it will be a Peter Lynch proverbial 10 bagger...... (after adjusting for inflation..... ) over the next several years... as New Zealand is a prime Jewel in terms of places to live..... for those who enjoy the natural beauty..... English Commonwealth Heritage.... the Queen is still on the Kiwi currency.... last time I saw some....

it is quite similar to Scotland in terms of beauty and a bucolic serene place to live and retire to.... and it's just a Yacht ride to Sydney......... and you are in arguably the world's most dynamic combination of the the best Harbor and natural beauty.... 100 miles of long magnificent beaches that are a car ride away... and a place where Global Trading in All the Global currency markets kicks off each Monday Morning............ ( yes the Banks in New Zealand open an hour earlier... but it's Edinburgh versus London......

in terms of a Global Key TIME player..... Hong Kong and Singapore open after Sydney.

John

reuters.com

The NZ top 50 Stock Index is up from 3600 last August to 4800 Now and the currency NZ$ which historically has spent most of it's time in the .60 Handle is up to .80... and the Government is privatizing to be fiscally responsible....imagine that -vbg-
* Shares priced at NZ$2.50 vs NZ$2.35-NZ$2.80 range

* Govt eyeing up to NZ$7 bln from asset sale programme

* Mighty River lists on New Zealand Stock Exchange on Friday

* Third-biggest IPO in Asia Pacific this year (Recasts, adds detail, background)

WELLINGTON, May 8 (Reuters) - New Zealand raised a record NZ$1.7 billion ($1.4 billion) from the sale of a minority stake in power company Mighty River Power Ltd on Wednesday, kicking off a major state asset sale programme with Asia's third-largest initial public offering this year.

Mighty River is the first among three power companies, a coal miner, and an airline in which the New Zealand government wants to sell minority stakes to raise up to NZ$7 billion over the next three to five years to repay debt and get back into surplus.

The final price of NZ$2.50 per share was set after a book building process with institutional investors. An initial price range of NZ$2.35 to NZ$2.80 had been indicated when the offer was opened.