Mergers and Premiership Tallies

[muzby]

wow.. now it's just getting embarassing for you...

 

[20knights10]

but bhp billiton acknowledges their history as part of their current company...

as per their official website (none of this wikipedia crap)




yes, from a legal entity / company POV, they are a company formed in 2001.. however they acknowledge and hold onto their history... just as every company (and club does..)..

history and tradition form the company and have made it what it is today.. without the history, the company would be nothing... you can't take history and tradition to the bank, however companies will pay a fortune in goodwill to purchase this from other companies... it shows that something that has no legal "being" still has a value to people... just like a premiership..


i would expect that those souffs fans who are trolling here on this thread would know about history and tradition.. afterall, if we took your argument, you guys are starting from zero in 2002...

and for those other trolls, er, i mean fans, of other clubs, well i wouldn't expect that you would get the whole tradition thing either... but that's okay.. you'll get there eventually...

So you're saying that BHP Billiton can be held responsible for opening the Newcastle Steel Works, Whaleback Iron Ore Mine, Port Kembla Steel Works, etc etc? How can this be so when BHP Billiton did not exist prior to 2001? BHP can claim all of those achievements and more and no-one would ever think to take that away from them.. but BHP Billiton has no such claim...

 

[ANTiLAG]

antilag, your maths is really, really bad...


1


1


you got that one..


awww.. you have a 16yo girlfriend.. how sweet.. i'm glad you think she's the one... (well, i'm assuming based on your writing, comprehension and now maths skills that you are around that age... if you are older, i'd advise letting her go...)

Deliberately misquoting someone is pretty desperate Muzby.

 

[Rastafarian]

Been secretly enjoying reading this thread...

Is this Baron dude for real?? Its bad enough for him/her/it to lie about gaz comment but to cover his/her/its lie by saying below statement is just piss weak attempt.... :lol: Keep digging that hole mate...:lol:

I have the NRL and common sense on my side, and in that article it does state its the Dragons maiden premiership Willow and I've never heard Gasnier come out and rebutt it have you? As such he obviously agrees with it.

Oh and for the record, Dragon has won 16 premierships ! Just watched the replay again last night and it felt so GOOD!!!:lol::crazy:

 

[muzby]

So you're saying that BHP Billiton can be held responsible for opening the Newcastle Steel Works, Whaleback Iron Ore Mine, Port Kembla Steel Works, etc etc? How can this be so when BHP Billiton did not exist prior to 2001? BHP can claim all of those achievements and more and no-one would ever think to take that away from them.. but BHP Billiton has no such claim...

bhp billiton have the newy steel works, whaleback iron mine, port kembla as part of their history... it made them who they are today...

Deliberately misquoting someone is pretty awesome Muzby.

why thank you

 

[SoftSydney]

bhp billiton have the newy steel works, whaleback iron mine, port kembla as part of their history... it made them who they are today...

Yes BUT when they merged did they ADD their individual stock values?
When their new stock price was listed on the market as a new company?

 

[muzby]

Yes BUT when they merged did they ADD their individual stock values?
When their new stock price was listed on the market as a new company?

they added their assets...

now, seeing as you seem to claim yourself to be a smart fellow, you'll know that the stock price will be reflective of their current liquidable assets plus future earnings capacity...

so.. given their share price will take into account their assets, then yes, this share price is reflective of a combined company... (and, if you take the time to research the ASX, you'll realise the share price of bhp billiton was higher than both bhp and billiton... so, in answer to your question, yes... again..)


now.. is that clear or do i need to bold it for you?

 

[SoftSydney]

they added their assets...

now, seeing as you seem to claim yourself to be a smart fellow, you'll know that the stock price will be reflective of their current liquidable assets plus future earnings capacity...

so.. given their share price will take into account their assets, then yes, this share price is reflective of a combined company... (and, if you take the time to research the ASX, you'll realise the share price of bhp billiton was higher than both bhp and billiton... so, in answer to your question, yes... again..)


now.. is that clear or do i need to bold it for you?

The point is that their assets were valued as a new company! hence the new stock price! They dont co exist hence their previous stock price was not simply added together to get the new stock price silly boy.

 

[muzby]

The point is that their assets were valued as a new company! hence the new stock price! They dont co exist hence their previous stock price was not simply added together to get the new stock price silly boy.

sunshine, sit back and have a bit of a think through your logic...

lets take the example of bhp billiton and two start up companies that merge (we'll call them company a & company b).. both merge and list on the same day..

bhp share price (Example): $10
Billiton share price: $10

bhp billiton share price: $15



company a share price: $1
company b share price: $1

company ab share price: $1.50



so, softie, riddle me this... both bhpbilliton and company ab are both new companies, both starting on the same day, and using your methodology will both have had "their assets valued as a new company"..

why is it that bhpbilliton, with it's tradition and heritage and strong assets, have a higher share price than the start up..?


come on.. think it through... (the answer is just there above..)

that's right.. the market would incorporate the history and assets of the new company into the share price, hence bringing forward their previous success...

naturally, this won't happen for a start up company as there are no assets to value... and if you think that there could be, i'm assuming you probably lost a lot of money investing in one.tel didn't you..?


it's okay to admit you were wrong.. you gave it a shot and i'm proud of you for that...

 

[Baron Vo Mandor]

wow.. now it's just getting embarassing for you...

Dude ur the one claiming any club thats been called the Dragons or the Saints premierships add together even if it just is a mascot name and nickname.

 

[muzby]

Dude ur the one claiming any club thats been called the Dragons or the Saints premierships add together even if it just is a mascot name and nickname.

don't forget the steelers...

you haven't added their 1992 pre-season trophy to your rantings....


maybe now we need to argue if it's 17 or 16 then baron?

go away..

at least softsydney and antiflag are providing an intellectual debate...

 

[20knights10]

With your BHP comparison muzby, are you saying that St. George Illawarra Dragons own the previous 15 premierships now?

 

[Baron Vo Mandor]

Poor ole Muzby, must be hard to support St Merge/Stain ect.

But making up lies for the past 2 months is just plain old sad.

 

[muzby]

With your BHP comparison muzby, are you saying that St. George Illawarra Dragons own the previous 15 premierships now?

f**k me could you get any more stupid... have a read again and the answer is right there...

maybe you should ring gids...

 

[20knights10]

f**k me could you get any more stupid... have a read again and the answer is right there...

maybe you should ring gids...

I could believe that St. George Illawarra just won their 16th premiership... so yeah it is possible... but I don't....

 

[SoftSydney]

sunshine, sit back and have a bit of a think through your logic...

lets take the example of bhp billiton and two start up companies that merge (we'll call them company a & company b).. both merge and list on the same day..

bhp share price (Example): $10
Billiton share price: $10

bhp billiton share price: $15



company a share price: $1
company b share price: $1

company ab share price: $1.50



so, softie, riddle me this... both bhpbilliton and company ab are both new companies, both starting on the same day, and using your methodology will both have had "their assets valued as a new company"..

why is it that bhpbilliton, with it's tradition and heritage and strong assets, have a higher share price than the start up..?


come on.. think it through... (the answer is just there above..)

that's right.. the market would incorporate the history and assets of the new company into the share price, hence bringing forward their previous success...

naturally, this won't happen for a start up company as there are no assets to value... and if you think that there could be, i'm assuming you probably lost a lot of money investing in one.tel didn't you..?


it's okay to admit you were wrong.. you gave it a shot and i'm proud of you for that...

In a nutshell when two companies merge it means they agree to form a new company, they both surrender their stocks and cease to trade. The new company absorbs their assets and liabilities and is re-listed as a new company with a new stock price. The stock price is determined by the assets of the new company.

I am proud of you too buzby now your having a go! one tel no lol but I had a very good week on the US market.

comon buzby you know what a merge is dont make me waste my time

 

[dice]

Dicey, do you still think Robert Finch influenced the outcome of the 2010 premiership?

Sounds really silly now, but you were in pain. Just wondering if you've got over it.

Maybe we should have a tally of posts in this thread to see who hasn't got over what...

A pity we can't see how many posts have been reported or deleted by princesses like yourself.

 

[20knights10]

From the Dragons own website....

In 1998, Saints were eliminated from the competition in the first semi-final played at Kogarah Jubilee Oval. This match bought down the curtain on 78 seasons of stand alone competition as the St George Dragons became the St George Illawarra Dragons for the 1999 season.

Your search for "sixteenth" returned 0 results

:lol::lol:

 

[Baron Vo Mandor]

From the Dragons own website....

:lol::lol:

Dont take this the wrong way but I think I love you at this moment.

 

[SoftSydney]

From the Dragons own website....

:lol::lol:

I wonder what big dell has to say about that, was he a merge junior?