Masks off, uncertainty on, inflation up
Well, it’s certainly been a bit of a ride since the first COVID-19 cases were reported in New Zealand in February 2020.
He woke up, the room was bare
He didn't see her anywhere
He told himself he didn't care
Pushed the window open wide
Felt an emptiness inside
To which he just could not relate
Brought on by a simple twist of fate
Bob Dylan – Simple twist of fate
Well, it’s certainly been a bit of a ride since the first COVID-19 cases were reported in New Zealand in February 2020.
And what relief it is to stop having to wear those masks. I don’t really
want to go into this in detail, other than to say it’s rather nice to
see the faces of people you have recently met, and not be surprised when
they’re removed the mask (for whatever reason).
Now, while we don’t have to worry anymore about all that stuff, the bad news is “New
Zealand is currently battling a cost-of-living crisis driven largely by
skyrocketing inflation, which has risen to a whopping 7.3 percent as
the country came out of the COVID-19 pandemic”.
I’ve known Tony Alexander for many years now and respect his view
that, as always, this is a temporary decline. An example, my wife
Cheryl, who’s with Ray White, continues to get interest from buyers for
an Auckland house in the high-price bracket.
Meanwhile our experience at TBK Capital is the demand for debt or equity
for businesses to expand, or developers to meet housing and new section
demands, has risen again.
Investment Opportunities
I must admit that one of the other measures of confidence, the listed company sharemarket, remains a mystery for all who are not regular participants.
However, the key indication of confidence for me, is that our Offers to readers to invest in businesses seeking capital, continues to receive strong interest.
Here’s a summary of those still current.
A Shakespeare Season at SkyCity. Only just become available. Already interest from one potential investor to take up 5%. Minimum investment $10,000.
Silica, Gravel and Gold.
If it’s of interest in principle email me. Details of the Offer
currently under discussion with an interested participant and will
inevitably change seeking a lower initial amount.
Nobilo Wines.
This is a Double your Money loan. Need I say anymore? Nick has agreed
to extend his agreement for all responding to this newsletter to receive
an extra benefit.
Obtaining loans
This is still a key part of our business. Interest on loans cannot continue at the current rates for ever. Borrowers on short term loan finance should now be looking at setting in longer terms.
Reply to this email or call me if this interests you.
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Any reference above to investment is not an offer of financial
products that requires disclosure under the Financial Markets Conduct
Act 2013 (Act) and is available only to wholesale investors as defined
by that Act. It is intended for distribution only to selected people to
whom, under the relevant laws, it can be lawfully distributed. It cannot
be distributed in any other jurisdiction, or to any other people. It is
not an offer or solicitations in any jurisdiction in which such offers
or solicitations are not authorised, or in which the person making such
offers or solicitations are not qualified to do so, or to any person to
whom it is unlawful to make such offers or solicitations. Any
representation to the contrary would be unlawful. No action has been
taken by any person that would permit a public offering in any
jurisdiction where action for that purpose would be required.
Cheers
John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10, 120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz