When it happens you'll be shipped off to Siberia to join the Huskies.
Printable View
Love your coined phrases in this thread, first Mccashin now beaglized. :D
[QUOTE=couta1;729933]Kashin must be getting tempted to swing his trunk again the way the price is going, I'm ready and waiting to buy more at a discounted $1.15.PS-Winner tell your bowling mates not to sell any TRA, it's going to $3.83 according to the Couta theorum.[/QUOTE]
And which year will that be in Couta? :p Ya would be better to sell those TRA, back up ya truck and load up with some SLI mate, its going to be a winner one day...soon...I hope..:D
Just a bit of (probably not especially relevant history because McCashin are not Quadrant), but looking at the SP graph as best as I can make it out, (others please feel more than free to post exact numbers) but it looks like the SP of SUM went up 17% in the two months between when Quadrant sold their first stake in SUM in March 13 until they sold their second tranche two months later.
OCA Shares at the time of the first placement by MsCashin were trading at $1.14. (1.14 + 17%) = $1.33. If history repeats this recent awakening in the SP of OCA is just the start and we can expect it to be quickly rerated into the low - mid $1.30's whereupon McCashin might get restless.
History never repeats right :cool:
It doesn't look like a problem when a major shareholder sells down a stake in a retirement village operator. :)
http://www.stuff.co.nz/business/indu...yman-for-31-7m
Neighbour and his bowling club mates having a bob each way sort off.
Some have sold if not all but a decent chunk of their Turners (at quite a loss) and put it into OCA
They did make a few bob on A2 but then lost some of those gains on Turners but now for some having both Turners and OCA they reckon they are on a winning streak
Mowing lawns is good for you eh.
Even though my lawn mowing is actually with a line trimmer (no pristine lawns like you percy) and I generally end up cutting the berms in the whole street it is good thinking time.
Kids say get Mr Green in to do them .....lazy buggers .,,...but I say I wouldn’t have any thinking time if I didn’t do the ‘lawns’
Must go and check on the rata soon.
Its funny isn't it how insights come to you while you're away from the market. The other day it occurred to me that TNR are the exact opposite of the retirement industry. The long term trend is what I'm referring too. Massive long term tailwinds through demographic trends in the retirement industry and massive long term headwinds for Turners due to technology, (widespread pooled use of self driving electric cars is inevitable), not a question of if, just when. I have four times the value in OCA than I do in TRA because, amoung other reasons I like tailwinds a lot more than headwinds. Be interesting over the years ahead to see who gets their call right. I also think Earl Gasparich has the makings of an extremely good leader. There's something about him that I really like.
I have spoken with a few people in the know about these electric vehicles that are going to be soon is all in a hurry and they all say the same thing don’t expect it for at least another 15-20 years. We just don’t have the infrastructure to do it unless the Government helps with the rollout of it. TRA will still do well for at least another 10 years and I don’t think at that stage Percy will even care where his money is invested and by that stage TRA will have adapted. I am not a holder of TRA and love the dividend yield, but not the capital decreasing taking place over the years.