I care. And that is because I agree with you that "it's about whose best for the job." and IMO "best for the job" includes consideration of gender and cultural balance in governance.
Printable View
To get the best you have to be able to select from the best. If the result of your selection is constantly turning up a clearly non-representative sample, then there is some bias somewhere that is excluding potential candidates. That should be understood and addressed, otherwise you cannot hope to get the best.
SKL share price approaching $1.60
hasn't closed at this level since August 2014
The market must have gone nuts
Has there been an upgrade on their 'consistent earnings' guidance of a few months
That said F17 earnings would be about the same (maybe up 7% Selwyn said) as last year
Must be having a record year
4 cents ahead of analyst consensus now and given that no one is picking great growth in earnings for the next few years you have to be in it for the dividend and dream of a takeover bid.
Best Wishes
Paper Tiger
Sorry, just can't resist when looking at Skellerup's nice and steady uptrend.
Remember the (I think more lighthearted) discussions we had 5 months ago (around August 31/ September 1) on this thread about the relative benefits of SKL and AIR? Just pulled a comparative graph showing both stocks - and hey - SKL is the blue line and AIR the yellow one:
Attachment 8629
I know - the discussion was 5 months ago (and the graph starts 6 months ago) ... however given the lines meeting at the time we had the discussion - I think it is a valid comparison. As well - both companies paid since the discussion dividends - and while AIR's dividend was XXL vs SKL just L ... the difference does not make good for the lost capital gain.
I can't help to think that both SKL board as well as AIR management knew exactly what they were doing when the SKL board accumulated SKL shares and AIR management sold their shares as soon as they could get their hands on them. Always pays to watch the share transactions of board and management.
Discl: holding SKL and feeling smug ;) ...
There's no way on earth I would hold the same value holding in SKL as I do in Air, the difference being in the confidence I have in the two companies as a long term hold.
BP does the graph include the 35c AIR dividend?
Read the post ...
but no, it does not. It does not include the SKL dividend either. However - if people insist ...
If anybody would have invested at September 1, 2016 (day of the discussion) $ 10000, this is what they would have by now:
AIR SKL # of shares 4348 7353 dividend per share 35c 5.5c total dividend $1,521.80 $404.42 capital worth (26/Jan/17) $9,522.12 $11,544.21 total value (26/1/17) $11,043.92 $11,948.62
Easy to see - SKL is still winning hands down
Early days to be crowing BP and yes your chart gave quite a disingenuous view. Given SKL's truly appalling record at forecasting that we saw last year, suggest we compare notes Sept 1 2017.
What's that old saying that springs to mind...oh yes, "pride cometh before a fall" :p
Ah well, just look at the numbers in the table above - they include the dividend.
I remember as well various times where AIR was well out of their forecasts .. and made quite ridiculous investment decisions. Actually - the only reason AIR is still around is that the taxpayer is typically paying for their mistakes.
In SKL's favour: they do have a board which trusts in the company they run AND they put their money where their mouth is. As well - they clearly lost over time less planes than AIR :p, no reason to be smug about a less accurate forecast ... but sure, lets keep this wee race running - and hey, I don't say that the tables might not turn at some stage, but by than I am likely to have sold out of SKL;);