Our Australian Connection
Looking back at the “Almost back to normal” newsletter I sent out in March, it seems an appropriate time to reflect on the changes in attitude and the economy since then.
I feel a change comin' on
And the fourth part of the day's already gone
Bob Dylan - I Feel a Change Comin' on
Looking back at the “Almost back to normal” newsletter I sent out in March, it seems an appropriate time to reflect on the changes in attitude and the economy since then.
So here’s 3 positive things that I feel reflect the business we are seeing in both TBK Capital and our sister company Tabak Business Sales.
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The ANZ-Roy Morgan consumer indicator shows confidence rose to 84.4 in April from March’s 77.9. A result driven by consumers’ somewhat stronger confidence with regards to the one-year and five-year general economic outlook.
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FocusEconomics panellists are projecting private consumption to grow 2.5% in 2022, which is unchanged from last month’s forecast. And they see it expanding 2.6% in 2023
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According to the housing market “indicator” showed Auckland house prices stabilising reflecting rising inflation and rising mortgage rates. And most of us are thankful for that.
A couple of examples of the business we’ve done at TBK Capital is the capital raises for Sitesoft and Pictor both of which have offshore connections and closed oversubscribed.
Sitesoft is getting ready to list on the ASX and Pictor is about to launch their Covid19 test in the U.S. this month.
New share offer
TBK Capital is now strengthening its Australian connection via Wholesale Investor. You may have read my last newsletter on this subject.
I thoroughly recommend you seriously look at participating in their new share offer. Note I mentioned in that newsletter “The
likely exit for investors will be via a Listing on a suitable exchange
over the next 2 to 3 years, or via a strategic acquisition”.
For further information reply to this email and I’ll send you the link to their “Information Session”.
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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
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