TriniTuner.com  |  Latest Event:  

Forums

The "gift of the NIF" Bond offering

this is how we do it.......

Moderator: 3ne2nr Mods

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO

Postby sMASH » July 20th, 2018, 4:35 pm

he, he dont wander. he sprays it out as work of a dutiful government mule. the only flinch in composure was when dulchan was overtly telling him 'what bullcrap yuh talkin' . the resolve was to deliver said bull crap at double pressure.

goebbels fleckin young.. the man literally say bonds was like renting ur house.. de man really feel all trini dotish. is more like taking out a mortgage... essentially BORROWING.

any excess in profit generation will have to go towards paying salaries, and repaying the debt it instantly accrued when the bonds are purchased

User avatar
De Dragon
TriniTuner 24-7
Posts: 17902
Joined: January 27th, 2004, 3:49 am
Location: Enjoying my little miracles............

Re: The "gift of the NIF" Another IPO

Postby De Dragon » July 20th, 2018, 6:37 pm

sMASH wrote:he, he dont wander. he sprays it out as work of a dutiful government mule. the only flinch in composure was when dulchan was overtly telling him 'what bullcrap yuh talkin' . the resolve was to deliver said bull crap at double pressure.

goebbels fleckin young.. the man literally say bonds was like renting ur house.. de man really feel all trini dotish. is more like taking out a mortgage... essentially BORROWING.

any excess in profit generation will have to go towards paying salaries, and repaying the debt it instantly accrued when the bonds are purchased

PNM sheep believe everything that he says without question though. :|

User avatar
88sins
TriniTuner 24-7
Posts: 10110
Joined: July 22nd, 2007, 3:03 pm
Location: Corner of Everywhere Avenue & Nowhere Drive

Re: The "gift of the NIF" Another IPO

Postby 88sins » July 20th, 2018, 7:18 pm

What is the percentage of the value of the 100% of TGU stock in relation to that $8b in assets? I want to know but nobody eh talking about that at all. that TGU is a very young company, no telling how it will develop as time goes by.

Now, the rest of the assets combined are roughly equivalent to about 86% of TGU's total shares invested in this, thus the other assets make up less than 50% of the portfolio, but may very well hold the bulk of the value. If TGU stock price is below that of the lowest valued assets they are trying to use to boost the portfolio, investors in this thing gonna be royally screwed unless something happens to substantially remedy that % build TGU's value fast for the long run.


but whatever, my money eh jumpin up in dat

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO

Postby sMASH » July 20th, 2018, 7:53 pm

this is NOT the fcb ipo and NOT the ttngl ipo...

User avatar
De Dragon
TriniTuner 24-7
Posts: 17902
Joined: January 27th, 2004, 3:49 am
Location: Enjoying my little miracles............

Re: The "gift of the NIF" Another IPO

Postby De Dragon » July 21st, 2018, 12:19 pm

sMASH wrote:this is NOT the fcb ipo and NOT the ttngl ipo...

It isn't an anything IPO, it is a bond offering.

rspann
TriniTuner 24-7
Posts: 11167
Joined: June 25th, 2010, 10:23 pm
Location: Trinituner 24/7

Re: The "gift of the NIF" Another IPO

Postby rspann » July 21st, 2018, 12:48 pm

......brought to us by the caring PNM government.

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO

Postby sMASH » July 21st, 2018, 1:32 pm

Bond or bound... Tie up ur money for 20 years to match inflation.
Dividends is questionable. Given the purpose of the bonds is to pay out salaries, and repay debt.

User avatar
88sins
TriniTuner 24-7
Posts: 10110
Joined: July 22nd, 2007, 3:03 pm
Location: Corner of Everywhere Avenue & Nowhere Drive

Re: The "gift of the NIF" Another IPO

Postby 88sins » July 22nd, 2018, 7:30 am

either way it looking like a plan cooked up by a few St. Ann's outpatients dat not on dey meds

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO

Postby Redman » July 22nd, 2018, 11:11 am

sMASH wrote:Bond or bound... Tie up ur money for 20 years to match inflation.
Dividends is questionable. Given the purpose of the bonds is to pay out salaries, and repay debt.


I'm not sure if I am misunderstanding your post.

Outside of seats on the board if and where relevant,this transaction doesn't have any impact on the companies whose shares back the bonds.

They could burn the 4b raised...life will continue for the companies.

User avatar
PariaMan
punchin NOS
Posts: 3179
Joined: July 9th, 2010, 10:38 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby PariaMan » July 22nd, 2018, 1:05 pm

Fellas confusing party politics with a financial opportunity presenting itself and decisions to make concerning if it is going to be personally rewarding

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby sMASH » July 22nd, 2018, 4:20 pm

jwala rambaran will like allyuh.

randolphinshan
Riding on 17's
Posts: 1361
Joined: November 20th, 2013, 12:08 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby randolphinshan » July 22nd, 2018, 4:30 pm

PariaMan wrote:Fellas confusing party politics with a financial opportunity presenting itself and decisions to make concerning if it is going to be personally rewarding

This.
Most fellas here brainwashed by politics and accustomed to getting a free jersey and roti from the old aunty Kams and they contented. Leave them alone . Read the prospectus and if it makes sense by all means invest. Where else giving 4.5 % per annum for a 5 year time ?

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby sMASH » July 22nd, 2018, 5:02 pm

^^doubles. chicken roti. bhagie in the market.

dividends will be the deciding factor.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 22nd, 2018, 8:45 pm

What's the link between dividend and what the govt does with the money?

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby sMASH » July 22nd, 2018, 10:15 pm

the link would be the board of NIF... they who would decide how much dividend goes out.

RedVEVO
TriniTuner 24-7
Posts: 8191
Joined: March 8th, 2017, 1:05 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby RedVEVO » July 23rd, 2018, 1:10 am

^^
Investment good . Rate 4 Stars out of 5 Stars.

Good place to "park" your money .

NIF is a good PNM investment plan for ALL :D

Gov't will NOT default - like HCU & Clico etc.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 23rd, 2018, 5:25 am

sMASH wrote:the link would be the board of NIF... they who would decide how much dividend goes out.


Aha...ok....but I thought that they are mandated to take in the dividend s from the stock they own, take out a limited list of costs..and pass on the Rest,with any excess in a sinking fund.

The priority being to meet the interest component on the bonds.

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby sMASH » July 23rd, 2018, 6:17 am

What suppose to happen and what actually does happen are separate things.
A LA ramdeen.

The stability is attractive to some people.. If u have nothing to do with ur money and u don't want to be hassled, it's an good way to beat inflation. Than having it dwindle away in the banks..

me, I don't trust them and their Dividends.


I'm not against people using this. Is just that I'm looking at it from the perspective of someone trying to make money.
This is more fir someone who just wants to save money and don't want it atrophied.

... Unless they pay out big Dividends.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 23rd, 2018, 9:48 am

Agreed.....so this is where we have to determine how they treat with the holdings dividend flow ....and the 'qualifying' expenses of NIF .

the only people that have a say are the shareholders of NIF-certainly not the bond holders.

Also-paying a dividend is corporate strategy-not a god given right to a shareholder.

so if it is determined that RBL can make better use of its cash.....whats the deal-is NIF now voting with the banks interest-or NIFS interest???

And how does the GORTT as the largest shareholder in RBL exercise that control that comes with ownership of equity.

User avatar
De Dragon
TriniTuner 24-7
Posts: 17902
Joined: January 27th, 2004, 3:49 am
Location: Enjoying my little miracles............

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby De Dragon » July 23rd, 2018, 9:43 pm

Redman wrote:Agreed.....so this is where we have to determine how they treat with the holdings dividend flow ....and the 'qualifying' expenses of NIF .

the only people that have a say are the shareholders of NIF-certainly not the bond holders.

Also-paying a dividend is corporate strategy-not a god given right to a shareholder.

so if it is determined that RBL can make better use of its cash.....whats the deal-is NIF now voting with the banks interest-or NIFS interest???

And how does the GORTT as the largest shareholder in RBL exercise that control that comes with ownership of equity.

Actually, it is an expectation, in some companies that a percentage of any profit, no matter how small, be paid as dividends to shareholders. Value of a company swings even based on a revised dividend announcement that was lower than forecast. It is all about investor confidence, and continued support of the stock.

RedVEVO
TriniTuner 24-7
Posts: 8191
Joined: March 8th, 2017, 1:05 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby RedVEVO » July 24th, 2018, 12:50 am

Redman wrote:Agreed.....so this is where we have to determine how they treat with the holdings dividend flow ....and the 'qualifying' expenses of NIF .

the only people that have a say are the shareholders of NIF-certainly not the bond holders.

Also-paying a dividend is corporate strategy-not a god given right to a shareholder.

so if it is determined that RBL can make better use of its cash.....whats the deal-is NIF now voting with the banks interest-or NIFS interest???

And how does the GORTT as the largest shareholder in RBL exercise that control that comes with ownership of equity.


Where do you people learn about anything ?

Shareholders have ALL the rights .. you DA .

User avatar
88sins
TriniTuner 24-7
Posts: 10110
Joined: July 22nd, 2007, 3:03 pm
Location: Corner of Everywhere Avenue & Nowhere Drive

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby 88sins » July 24th, 2018, 5:45 am

De Dragon wrote:
Redman wrote:Agreed.....so this is where we have to determine how they treat with the holdings dividend flow ....and the 'qualifying' expenses of NIF .

the only people that have a say are the shareholders of NIF-certainly not the bond holders.

Also-paying a dividend is corporate strategy-not a god given right to a shareholder.

so if it is determined that RBL can make better use of its cash.....whats the deal-is NIF now voting with the banks interest-or NIFS interest???

And how does the GORTT as the largest shareholder in RBL exercise that control that comes with ownership of equity.

Actually, it is an expectation, in some companies that a percentage of any profit, no matter how small, be paid as dividends to shareholders. Value of a company swings even based on a revised dividend announcement that was lower than forecast. It is all about investor confidence, and continued support of the stock.

precisely

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 24th, 2018, 6:20 am

No not precisely.

The decision to pay a dividend can only be made if two conditions exist.

A..the company is generating sufficient profit to do what it has to do

B...it's deemed to be the best use of cash after it's done what it supposed to do.

Those two are usually dictated by where the co is in it's life cycle.all things being equal

Investor confidence is one of the by products of management decisions....one of which is whether to pay a dividend...or pay down debt or repurchase stock or to aquire a competitor.

Growth stocks are different from stocks that are bought for income purpose s.

MSFT had investors confidence long long long before it payed it's first dividend.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 24th, 2018, 6:21 am

Duplicates

User avatar
88sins
TriniTuner 24-7
Posts: 10110
Joined: July 22nd, 2007, 3:03 pm
Location: Corner of Everywhere Avenue & Nowhere Drive

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby 88sins » July 24th, 2018, 7:38 am

Redman, you have a point, however dividends are a key point to building investor confidence & drawing in new investors. Without dividend payments the bulk of investors in publicly traded companies would not waste the time to invest. Dividends are the roi that investors expect as an incentive for investing, & if a company after extended periods doesn't pay dividends, shareholders have the right to dump the stock. This, if done rapidly in high volume will lead to another set of issues quickly, number one being a decline in the value of the stock that directly effects a companies worth, which in turn leads to other issues.

To pay dividends it's granted the company must do well & have sufficient funds available after paying down debt or other obligations or reinvesting some for short or long term development or as you mentioned to buy out a competitor (which is considered long term reinvestment), however small/large those divs may be. But to fail to pay dividends especially for extended periods substantially erodes investor confidence. Basically, the investor will see it in the long run as the company is using the investors assets & the investor gets no roi. & people don't invest for th esimple joy of seeing the entity do well, they invest to have their money make money, in this instance dividend payments.

neilsingh100
3NE2NR is my LIFE
Posts: 758
Joined: November 20th, 2007, 9:09 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby neilsingh100 » July 24th, 2018, 9:19 am

It seems like high net worth individual investors will be the biggest beneficiary of these bonds. I doubt they will get much traction among small investors who do not understand risk-reward and will prefer to keep their money in the commercial banks who ironically will profit off their deposits and use these profits pay dividends that will go back to these high net worth individual investors.

Redman
TriniTuner 24-7
Posts: 10430
Joined: August 19th, 2004, 2:48 pm

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby Redman » July 24th, 2018, 9:48 am

Investing for growth is great for ROI....

an investor has 2 basic choices- Pay 100 for a stock that pays 1% interest.
or buy the stock for 100 and hope management takes it to 101.
same ROI.

Also I will throw out that in a time of ultra low IR those who invest in a stock for dividend yield are in the vast minority

If management chooses to buy back 10% of the stock instead of the dividend..(pushes stock price higher) you are saying that investors will lose confidence?
No....there are EXCELLENT reasons not to pay a dividend.

There also MANY variables that can put a company in a position to have to make a choice.

will the NIF lobby to keep the dividend in place?
vs any other option?

RedVEVO
TriniTuner 24-7
Posts: 8191
Joined: March 8th, 2017, 1:05 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby RedVEVO » July 24th, 2018, 9:55 am

Redman wrote:Investing for growth is great for ROI....

an investor has 2 basic choices- Pay 100 for a stock that pays 1% interest.
or buy the stock for 100 and hope management takes it to 101.
same ROI.

Also I will throw out that in a time of ultra low IR those who invest in a stock for dividend yield are in the vast minority

If management chooses to buy back 10% of the stock instead of the dividend..(pushes stock price higher) you are saying that investors will lose confidence?
No....there are EXCELLENT reasons not to pay a dividend.

There also MANY variables that can put a company in a position to have to make a choice.

will the NIF lobby to keep the dividend in place?
vs any other option?


Listen to 88sins .. He is wise .

There are NO excellent reasons NOT to pay a dividend :roll:

User avatar
sMASH
TunerGod
Posts: 21977
Joined: January 11th, 2005, 4:30 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby sMASH » July 24th, 2018, 10:10 am

The decision to pay a dividend is not a set in stone thing. Its up to the board if they want to do it. The motivation to do it is to maintain investor confidence, the motivation not to do it is to keep the profits of the business and let the shareholders make their money selling off their shares.

So unless they have a binding contract stating 'if we make so much and so much profit we will pay out so much and so much dividend' that decision to pay out is up to the discretion of the board

RedVEVO
TriniTuner 24-7
Posts: 8191
Joined: March 8th, 2017, 1:05 am

Re: The "gift of the NIF" Another IPO. (correction - BOND offering)

Postby RedVEVO » July 24th, 2018, 10:12 am

sMASH wrote:The decision to pay a dividend is not a set in stone thing. Its up to the board if they want to do it. The motivation to do it is to maintain investor confidence, the motivation not to do it is to keep the profits of the business and let the shareholders make their money selling off their shares.

So unless they have a binding contract stating 'if we make so much and so much profit we will pay out so much and so much dividend' that decision to pay out is up to the discretion of the board


The shareholders can change ANYTHING ..

Advertisement

Return to “Ole talk and more Ole talk”

Who is online

Users browsing this forum: Habit7 and 75 guests