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General => General Discussion => Topic started by: MarkGU on October 16, 2016, 08:44:39 AM

Title: Kidman Station........would you buy into this deal?
Post by: MarkGU on October 16, 2016, 08:44:39 AM
Found this link this morning.......i havent bought into it,just wondering if you would be a part of this deal.If i means keeping our country together then i would def look into it.

What do you think?

http://m.centraltelegraph.com.au/news/super-fund-launches-bid-kidman/3100452/ (http://m.centraltelegraph.com.au/news/super-fund-launches-bid-kidman/3100452/)
Title: Re: Kidman Station........would you buy into this deal?
Post by: austastar on October 16, 2016, 08:48:31 AM
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

Sent from my GT-N5110 using Tapatalk

Title: Re: Kidman Station........would you buy into this deal?
Post by: MarkGU on October 16, 2016, 08:49:29 AM
 :cup:
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

Sent from my GT-N5110 using Tapatalk
Title: Re: Kidman Station........would you buy into this deal?
Post by: dales133 on October 16, 2016, 08:54:35 AM
I thought Reinhardt had just nabed it with a third chinese investment
Title: Re: Kidman Station........would you buy into this deal?
Post by: tryagain on October 16, 2016, 09:05:04 AM
I thought Reinhardt had just nabed it with a third chinese investment

Quote
This proposed Australian super fund bid comes hot on the heels of the Hancock Shanghai CRED joint bid that will require FIRB approval, state and territory government approvals as well as various Chinese government consents.

Looks like they have bid not bought.
Title: Re: Kidman Station........would you buy into this deal?
Post by: DrewXT on October 16, 2016, 09:09:40 AM
We've got a copy of the prospectus, and considering buying in...

Gina is getting involved, so that may change things

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Title: Re: Kidman Station........would you buy into this deal?
Post by: Rumpig on October 16, 2016, 09:39:09 AM
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

i was thinking the same thing, great minds think alike hey...lol
Title: Re: Kidman Station........would you buy into this deal?
Post by: Hoyks on October 16, 2016, 11:43:10 AM
I'd buy in.
 
Agriculture is always a bit boom and bust though, so I wouldn't expect a huge return on my investment, but I think it is probably a more ethical way to make a $$ than pouring more money into another shopping complex or another casino.

I see it as an investment in the countries food security. the fact that they cleared a profit of 50mil last year would help too. ;D
Title: Re: Kidman Station........would you buy into this deal?
Post by: Fizzie on October 16, 2016, 04:23:50 PM
We've got a copy of the prospectus, and considering buying in...

Where can we get further info thanks Drew?
Title: Re: Kidman Station........would you buy into this deal?
Post by: JungleJohn on October 16, 2016, 04:30:44 PM
I will buy into it for sure, or do you buy into it with your super?
Title: Re: Kidman Station........would you buy into this deal?
Post by: Jeepers Creepers on October 16, 2016, 04:44:43 PM
I thought Reinhardt had just nabed it with a third chinese investment

So did I.....  ???

Oh well, i'm not getting into a bidding war with Gina.

Besides, I'd have to sell my mowers to complete the sale too and they're like my children to me.
Title: Re: Kidman Station........would you buy into this deal?
Post by: dales133 on October 16, 2016, 04:45:54 PM
Lol... nice.
I wouldnt like to share anything with that grotty hag
Title: Re: Kidman Station........would you buy into this deal?
Post by: Jeepers Creepers on October 16, 2016, 04:52:57 PM
Lol... nice.
I wouldnt like to share anything with that grotty hag

Blokes in drag look better than her. Oh, so I've heard.  :-*
Title: Re: Kidman Station........would you buy into this deal?
Post by: dales133 on October 16, 2016, 04:56:59 PM
Lol.
 Youd think with all her money she could sort her Shit out.
I dislike everything about her.
It shouldnt be that someone whos never done an honest days work in thier life can just slob it out on weath from resources that should belong to the Australian tax payer.
Bet she pays 3 cents in the dollar too... and 300 grand to her accountant
Title: Re: Kidman Station........would you buy into this deal?
Post by: MarkGU on October 16, 2016, 04:57:59 PM
Blokes in drag look better than her. Oh, so I've heard.  :-*
the drag who was rubbing your leg that night in bed in your camper would be pleased with your comment  ;D
Title: Re: Kidman Station........would you buy into this deal?
Post by: Jeepers Creepers on October 16, 2016, 05:00:41 PM
the drag who was rubbing your leg that night in bed in your camper would be pleased with your comment  ;D

That was a funny moment.  ;D
Title: Re: Kidman Station........would you buy into this deal?
Post by: Bird on October 16, 2016, 05:52:55 PM
Quote from: dales133
Lol... nice.
I wouldnt like to share anything with that grotty hag
with that much money I'd put up with its hideous head... anyway who looks at the mantle piece when your stoking the fire....
Title: Re: Kidman Station........would you buy into this deal?
Post by: speewa158 on October 16, 2016, 06:05:13 PM
As you count the zeros she gets better looking       >:D >:D >:D >:D :cheers:
Title: Re: Kidman Station........would you buy into this deal?
Post by: Bird on October 16, 2016, 06:11:10 PM
As you count the zeros she gets better looking       >:D >:D >:D >:D :cheers:
:cup: EXACTLY  :cup:
Title: Re: Kidman Station........would you buy into this deal?
Post by: Foo on October 16, 2016, 06:16:39 PM
with that much money I'd put up with its hideous head... anyway who looks at the mantle piece when your stoking the fire....

No no no no, that's an image I want erased from my mind!  :o :o :P

Foo
Title: Re: Kidman Station........would you buy into this deal?
Post by: Hoyks on October 16, 2016, 06:24:02 PM


(http://images.memes.com/meme/896957)
Title: Re: Kidman Station........would you buy into this deal?
Post by: rossm on October 16, 2016, 06:25:46 PM
Back on topic ...

Investing your super in real estate, which is what this idea seems to be although it may be dressed up as something else, is something that needs to be considered very carefully.

As laudable as it would be to keep the properties in Australian hands (and not Ms Rhinehart's empire) its not a place for novice investors.

Just my 2c worth.
Title: Re: Kidman Station........would you buy into this deal?
Post by: DrewXT on October 16, 2016, 07:39:44 PM
Where can we get further info thanks Drew?
https://www.domacom.com.au/kidman-station-bookbuild/
Title: Re: Kidman Station........would you buy into this deal?
Post by: Cruiser 105Tvan on October 16, 2016, 09:51:04 PM
Sounds like another Mum and Pop deal like the Pyramid Fiasco in Geelong.
Title: Re: Kidman Station........would you buy into this deal?
Post by: chester ver2.0 on October 17, 2016, 07:49:13 AM
Sounds like another Mum and Pop deal like the Pyramid Fiasco in Geelong.

Yeah read the prospectus seperatley as the property that you are buying into and the farm and stock are two separate entities. So i don't know where it would leave you investment wise if they decided to stop running it as a working propertly. Probably just owning a share of land in the middle of nowhere that with no farming activities would be worth bugger all and impossible to sell
Title: Re: Kidman Station........would you buy into this deal?
Post by: DrewXT on October 17, 2016, 08:22:43 AM
It's also a lot more than just the Queensland property.  The Kidman Station is a massive group of properties, across three states and there NT...   I reckon it was an interesting proposition until Gina came on the scene, as I just don't like her

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Title: Re: Kidman Station........would you buy into this deal?
Post by: Fizzie on October 17, 2016, 03:03:59 PM
I don't think many people do - except herself!  >:D
Title: Re: Kidman Station........would you buy into this deal?
Post by: Bigfish on October 17, 2016, 03:49:07 PM
One important question you must ask yourself....Can I afford to lose all the money I invest?
Title: Re: Kidman Station........would you buy into this deal?
Post by: Jeepers Creepers on October 17, 2016, 04:54:22 PM
Ya couldn't warm to Gina if ya got cremated beside her in the box.
Title: Re: Kidman Station........would you buy into this deal?
Post by: marvellous_matt on October 18, 2016, 09:05:43 PM
Website says that Kidman has been sold, so they are looking into other properties.
Title: Re: Kidman Station........would you buy into this deal?
Post by: Bird on October 21, 2016, 01:26:09 PM
http://www.ntnews.com.au/business/nt-pastoralists-bid-for-huge-kidman-holdings/news-story/891af29aedd59bfa35713d6bb7a0d699 (http://www.ntnews.com.au/business/nt-pastoralists-bid-for-huge-kidman-holdings/news-story/891af29aedd59bfa35713d6bb7a0d699)

THREE Territory pastoralists are part of a syndicate attempting to purchase Kidman & Co from under the nose of Australia’s richest woman.

The bid from BBHO, at an estimated $385 million, is better than the $365 million being offered by mining boss Gina Rinehart and her Chinese partner Shanghai CRED.
Territory cattlemen Malcolm Harris, Viv Oldfield and Sterling Buntine are part of a bid which includes reclusive South Australian pastoralist Tom Brinkworth.
Two of the NT group — Harris and Buntine — own properties which border Kidman’s Territory stations Helen Springs and Brunchilly.
Title: Re: Kidman Station........would you buy into this deal?
Post by: D4D on October 22, 2016, 01:12:48 PM
with that much money I'd put up with its hideous head... anyway who looks at the mantle piece when your stoking the fire....


Here you go http://www.dailytelegraph.com.au/business/slim-gina-rineharts-oresome-new-look/news-story/ae3cf1e415ef4480b76b2f6c7ea563ee (http://www.dailytelegraph.com.au/business/slim-gina-rineharts-oresome-new-look/news-story/ae3cf1e415ef4480b76b2f6c7ea563ee)
Title: Re: Kidman Station........would you buy into this deal?
Post by: glenm64 on October 22, 2016, 01:24:11 PM
Still a very ugly person, regardless of how she looks

Cheers Glen

Title: Re: Kidman Station........would you buy into this deal?
Post by: Bird on October 22, 2016, 01:25:58 PM
Here you go http://www.dailytelegraph.com.au/business/slim-gina-rineharts-oresome-new-look/news-story/ae3cf1e415ef4480b76b2f6c7ea563ee (http://www.dailytelegraph.com.au/business/slim-gina-rineharts-oresome-new-look/news-story/ae3cf1e415ef4480b76b2f6c7ea563ee)
for that money I'd
(http://cf.chucklesnetwork.com/items/1/2/8/2/6/8/original/yep-id-hit-that.jpg)
Title: Re: Kidman Station........would you buy into this deal?
Post by: D4D on October 28, 2016, 12:11:25 PM
Bugger, looks like the fat lady will sing after all...
http://www.news.com.au/finance/work/leaders/grazier-group-bbho-withdraws-bid-for-kidman-cattle-empire/news-story/e29984ed0827899ad4e2f73542cedafc (http://www.news.com.au/finance/work/leaders/grazier-group-bbho-withdraws-bid-for-kidman-cattle-empire/news-story/e29984ed0827899ad4e2f73542cedafc)
Title: Re: Kidman Station........would you buy into this deal?
Post by: briann532 on October 28, 2016, 03:54:37 PM
So why do people hate her?