{"id":7895,"date":"2008-06-16T00:00:00","date_gmt":"2008-06-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"transpacific-blames-hedge-funds-for-shorting-stock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/transpacific-blames-hedge-funds-for-shorting-stock.html","title":{"rendered":"Transpacific blames hedge funds for shorting stock"},"content":{"rendered":"<p>Sydney Morning Herald- The waste management business Transpacific has attempted to snuff out concerns about its ability to service its $2.6 billion of debts, arguing that the market has failed to recognise its &quot;incredible cash flow&quot; and the value of its landfill sites.<\/p>\n<p>After spending six months appeasing investor concerns over the group&#8217;s debt exposure, the executive chairman, Terry Peabody, said landfill sites were &quot;another great asset of the company that I don&#8217;t think very many people realise&quot;.<\/p>\n<p>He told ABC TV&#8217;s <em>Inside Business<\/em> that Transpacific could realise up to $100 million from its 26 hectare Tullamarine tip in Melbourne, which has come to the end of its life.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/business.smh.com.au\/transpacific-blames-hedge-funds-for-shorting-stock-20080615-2qxm.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sydney Morning Herald- The waste management business Transpacific has attempted to snuff out concerns about its ability to service its $2.6 billion of debts, arguing that the market has failed to recognise its &quot;incredible cash flow&quot; and the value of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[811,790,309,847,723,846,806],"class_list":["post-7895","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-australian-hedge-funds","tag-ccc","tag-farmland","tag-june-23","tag-mapeley","tag-newcomers","tag-oracle"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7895"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7895\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}