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Author Topic: Kidman Station........would you buy into this deal?  (Read 10094 times)

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Offline MarkGU

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Kidman Station........would you buy into this deal?
« 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/
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Offline austastar

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Re: Kidman Station........would you buy into this deal?
« Reply #1 on: October 16, 2016, 08:48:31 AM »
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

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Offline MarkGU

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Re: Kidman Station........would you buy into this deal?
« Reply #2 on: October 16, 2016, 08:49:29 AM »
 :cup:
Quote from: austastar on October 16, 2016, 08:48:31 AM
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

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Offline dales133

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Re: Kidman Station........would you buy into this deal?
« Reply #3 on: October 16, 2016, 08:54:35 AM »
I thought Reinhardt had just nabed it with a third chinese investment
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Offline tryagain

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Re: Kidman Station........would you buy into this deal?
« Reply #4 on: October 16, 2016, 09:05:04 AM »
Quote from: dales133 on October 16, 2016, 08:54:35 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.
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Offline DrewXT

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Re: Kidman Station........would you buy into this deal?
« Reply #5 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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Offline Rumpig

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Re: Kidman Station........would you buy into this deal?
« Reply #6 on: October 16, 2016, 09:39:09 AM »
Quote from: austastar on October 16, 2016, 08:48:31 AM
Hi,
     And periodic 'property inspections' will be tax deductible?

Cheers

i was thinking the same thing, great minds think alike hey...lol
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Offline Hoyks

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Re: Kidman Station........would you buy into this deal?
« Reply #7 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
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Offline Fizzie

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Re: Kidman Station........would you buy into this deal?
« Reply #8 on: October 16, 2016, 04:23:50 PM »
Quote from: DrewXT on October 16, 2016, 09:09:40 AM
We've got a copy of the prospectus, and considering buying in...

Where can we get further info thanks Drew?
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Offline JungleJohn

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Re: Kidman Station........would you buy into this deal?
« Reply #9 on: October 16, 2016, 04:30:44 PM »
I will buy into it for sure, or do you buy into it with your super?
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Offline Jeepers Creepers

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Re: Kidman Station........would you buy into this deal?
« Reply #10 on: October 16, 2016, 04:44:43 PM »
Quote from: dales133 on October 16, 2016, 08:54:35 AM
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.
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Offline dales133

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Re: Kidman Station........would you buy into this deal?
« Reply #11 on: October 16, 2016, 04:45:54 PM »
Lol... nice.
I wouldnt like to share anything with that grotty hag
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Offline Jeepers Creepers

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Re: Kidman Station........would you buy into this deal?
« Reply #12 on: October 16, 2016, 04:52:57 PM »
Quote from: dales133 on October 16, 2016, 04:45:54 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.  :-*
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Offline dales133

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Re: Kidman Station........would you buy into this deal?
« Reply #13 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
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Offline MarkGU

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Re: Kidman Station........would you buy into this deal?
« Reply #14 on: October 16, 2016, 04:57:59 PM »
Quote from: Jeepers Creepers on October 16, 2016, 04:52:57 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
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Offline Jeepers Creepers

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Re: Kidman Station........would you buy into this deal?
« Reply #15 on: October 16, 2016, 05:00:41 PM »
Quote from: MarkGU on October 16, 2016, 04:57:59 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
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Offline Bird

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Re: Kidman Station........would you buy into this deal?
« Reply #16 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....
« Last Edit: October 16, 2016, 06:00:53 PM by Bird »
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Offline speewa158

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Re: Kidman Station........would you buy into this deal?
« Reply #17 on: October 16, 2016, 06:05:13 PM »
As you count the zeros she gets better looking       >:D >:D >:D >:D :cheers:
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Offline Bird

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Re: Kidman Station........would you buy into this deal?
« Reply #18 on: October 16, 2016, 06:11:10 PM »
Quote from: speewa158 on October 16, 2016, 06:05:13 PM
As you count the zeros she gets better looking       >:D >:D >:D >:D :cheers:
:cup: EXACTLY  :cup:
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Offline Foo

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Re: Kidman Station........would you buy into this deal?
« Reply #19 on: October 16, 2016, 06:16:39 PM »
Quote from: Bird on October 16, 2016, 05:52:55 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
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Offline Hoyks

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Re: Kidman Station........would you buy into this deal?
« Reply #20 on: October 16, 2016, 06:24:02 PM »


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Offline rossm

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Re: Kidman Station........would you buy into this deal?
« Reply #21 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.
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Offline DrewXT

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Re: Kidman Station........would you buy into this deal?
« Reply #22 on: October 16, 2016, 07:39:44 PM »
Quote from: Fizzie on October 16, 2016, 04:23:50 PM
Where can we get further info thanks Drew?
https://www.domacom.com.au/kidman-station-bookbuild/
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Offline Cruiser 105Tvan

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Re: Kidman Station........would you buy into this deal?
« Reply #23 on: October 16, 2016, 09:51:04 PM »
Sounds like another Mum and Pop deal like the Pyramid Fiasco in Geelong.
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Offline chester ver2.0

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Re: Kidman Station........would you buy into this deal?
« Reply #24 on: October 17, 2016, 07:49:13 AM »
Quote from: Cruiser 105Tvan on October 16, 2016, 09:51:04 PM
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
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