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Home > Tongans want to buy shares in Shoreline

Tongans want to buy shares in Shoreline [1]

UK

Friday, February 9, 2007 - 08:45.  Updated on Sunday, December 15, 2013 - 22:42.

Editor,

Thank you Mr Holiday for selling Shoreline, you are doing a very good job. Perhaps the King and his business partner should hire you to be their PR man. I am beginning to warm to the idea that the company is a good investment. Love the soppy ending.

"Thank you Shoreline for your outstanding performance and great sacrifice, Oh! How predictable. Pass the tissue please. Only joking".

The current situation is this - Government can't afford to buy back Shoreline because the asking price is $60 millions, which in my opinion is well over its price tag. It will be a financial disaster for Tonga if the Government ends up buying Shoreline back for the asking price. It would not be a financial disaster however, if the Government bought it back for $1.00 then floated the company on the World Stock Market. This is something new to Tonga, but I believe it is worth considering. On the other hand, the King and his financial partner could try their luck on the Stock Market.

I guarantee you that if the King decides to float his company on the Stock Market, thousands of us, Tongans from abroad; will be ready to buy up the shares. Just get it valued properly please.


'Ofa atu

Senolita Swan

senolita_swan_3 [at] msn [dot] com

Power Supply [2]
energy [3]
Shoreline Power Ltd. [4]
Letters [5]

Source URL:https://matangitonga.to/2007/02/09/tongans-want-buy-shares-shoreline

Links
[1] https://matangitonga.to/2007/02/09/tongans-want-buy-shares-shoreline [2] https://matangitonga.to/tag/power-supply?page=1 [3] https://matangitonga.to/tag/energy?page=1 [4] https://matangitonga.to/tag/shoreline-power-ltd?page=1 [5] https://matangitonga.to/topic/letters?page=1