Search results

  1. P

    QANTAS being taken over by Macquarie Bank..

    100th Post!! Now qantas has requested a trading halt until Wedensday or on an announcement being made before then. Announcement Jackson is resigning? Annoucnement that APA are renewing their $5.45 Bid? Announcement that APA are lanching a new takeover bid with higher offer price? Time...
  2. P

    QANTAS being taken over by Macquarie Bank..

    APA doesn't really own any shares (except for the few million Macquarie owned for their normal business activities). The 50.6% or the lesser 46% will be released from escrow and will be able to be traded once the takeover offer is withdrawn/closed not reaching the minimum acceptance level...
  3. P

    QF Business class International Award flights

    The first thing to note is CX awards are more expensive. Secondly, my first step would be to ring and ask the service centre to look at availability. Mention they should perhaps consider looking at the partners as well, like BA, CX or JAL. Ask them to look via Japan as an option as well. If...
  4. P

    QANTAS being taken over by Macquarie Bank..

    The Takeovers Panel has made their decision. They will not look at the APA Application. Look's like the Takeover is finally OVER!! (APA is seeking a Review of it!) Qantas takeover deal grounded | NEWS.com.au Business
  5. P

    QF Business class International Award flights

    Melbourne - London is a very popoular business route. Qantas can and usually do sell out most of the premium cabins. They thus have no incentive to provide award seats. For the London, LA and New York routes, it is common for the seats to be redeemed as soon as they are released, which i...
  6. P

    QANTAS being taken over by Macquarie Bank..

    Even if they do let it go through (which i doubt)... Watch out for the Treasurer. It would be an easy way for him to block a takeover the government probably never even wanted in the first place and appeal to the electorate.
  7. P

    QANTAS being taken over by Macquarie Bank..

    But if they were simply in it for the small margin involved ... Would they DARE RISK the bid failing by not making sure that APA was going to get over the 50% line? I don't think they are all that incompetent.
  8. P

    QANTAS being taken over by Macquarie Bank..

    I agree with you Lindsay and hope the Takeovers Panel Rejects APA's ludicrous attempt to keep the bid alive. What i don't understand is why APA hasn't realised that their takeover was and is dead?? If the institutions and hedge funds wanted to accept the offer at the current bid price, APA...
  9. P

    QANTAS being taken over by Macquarie Bank..

    Nothing... Geoff has publicly declined to resign, saying his employment is a matter for the board. I don't think that the main executive team will get the sack - none of them. For them to get the sack, the institutions, who control the majority of the company, would have to replace them...
  10. P

    QANTAS being taken over by Macquarie Bank..

    Whether or not they come back will depend on how the feeling out of institutions goes. They will have to go to them and see what they are willing to accept. The only way i reckon they come back is if they can secure 20% from institutions before making the offer public. That way they would be...
  11. P

    QANTAS being taken over by Macquarie Bank..

    I doubt they will be in need of unemployment benefits or a job - they are all pretty wealthy (Dixon is earning $5.5 million p.a. and Jackson is on $550,000 just from their Qantas jobs) IF IF IF they left Qantas, which I highly doubt (see my previous post): Marg Jackson will be offered...
  12. P

    QANTAS being taken over by Macquarie Bank..

    I don't think that the main executive team will get the sack - none of them. For them to get the sack, the institutions who control the majority of the company, would have to replace them with a more experienced and successful team than currently exists. If that was possible, they would...
  13. P

    QANTAS being taken over by Macquarie Bank..

    Credit Suisse Buys More Shares...Another $120,000,000.00 brings their Interest in Qantas Up to 11.73% (From 10.56% only one day ago). Looks like Credit Suisse are buying all the stock available on the market. APA has declared their interest as at COB 3/5/07 as 36.03%. Still a long way from...
  14. P

    QANTAS being taken over by Macquarie Bank..

    According to the AFR: "Balanced Equity Management and UBS Global Asset Management ... have repeatedly rejected the offer." (Monday 1 May 2007 - Nervous wait for Qantas suitors. If APA got 90%... 100% with compulsory acquisition... $5.60/$5.45 was a STEAL (they should go to jail! ;))... Then...
  15. P

    QANTAS being taken over by Macquarie Bank..

    The offer closes Friday 7pm. It cannot be extended by APA. However, if APA reaches 50% by Friday 7pm, the offer is Automatically Extended for a Two Week Period. PZ
  16. P

    QANTAS being taken over by Macquarie Bank..

    UBS owns 11.40% (+/- 1%) as at 16 April 2007. UBS & Credit Suisse own almost 22% of the stock... They have publicly stated they won't accept this undervalued offer... There are also sure to be personal investors, super funds who are not going to accept... I just don't see how they will get...
  17. P

    QANTAS being taken over by Macquarie Bank..

    Credit Suisse have bought another 2%, bringing their stake to 10.56% . Might not sound like much, but its an extra $210 MILLION dollars. (Since 29 March, Credit Suisse have gone from 7.20% to 10.56%, thats $355 Million dollars) What are they doing??
  18. P

    QANTAS being taken over by Macquarie Bank..

    Takeshi - Why would the hedge funds wait to accept?? If they were always going to accept, why wouldn't they have taken advantage of the Institutional Acceptance Facility?? They still retained their flexibility by accepting early. It doesn't make sense to hold off accepting in my opinion. I...
  19. P

    QANTAS being taken over by Macquarie Bank..

    The Acceptances for the Offer continue to DROP!!! APA announced its Substantial Holder Notification today... It has a Relevant Interest of 12.57% (Up from 12.46%)... However, the Institutions continue to Withdraw their stock from the Institutional Acceptance Facility ... Now only 12.94% (Down...
  20. P

    Qantas Business Class

    I note that KLM has some great business class airfares to Europe at the moment. Cheap Discount Business Class Flights Worldwide Doing a search for March/April Syd-Lhr and i can find flights for about $7,000. I am actually looking at Melbourne - Milan in June/July and have found fares for...
Back
Top