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  1. #231
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    Quote Originally Posted by Joshuatree View Post
    And Kiora eats the worm i drink the tequila ,RRRReeeeba!
    JT,there is no worm in Patron Gran Platinum.Guess which Tequila I drink straight & you know what,no hangover in the morning

  2. #232
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    Touche, cheers.

  3. #233
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    *
    Quote Originally Posted by Joshuatree View Post
    Touche, cheers.
    Cheers JT It will be an interesting 3 yrs.I find it interesting our market was in the green on Fri after Winnies announcement.Just like I was surprised how the US market reacted after Trump was elected.Who can anticipate what is good for investors !

  4. #234
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    Quote Originally Posted by kiora View Post
    *

    Cheers JT It will be an interesting 3 yrs.I find it interesting our market was in the green on Fri after Winnies announcement.Just like I was surprised how the US market reacted after Trump was elected.Who can anticipate what is good for investors !
    Politics are just short term noise (and the volatility the day traders plaything)

    Company fundamentals always win out in the end
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #235
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    Surely CBL should also be a beneficiary of lower NZD with its overseas business exposure mainly in Europe.

  6. #236
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    Quote Originally Posted by sb9 View Post
    Surely CBL should also be a beneficiary of lower NZD with its overseas business exposure mainly in Europe.
    Yes, good on the revenue/premiums front. A bit of a drag on claims, however.


  7. #237
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    Quote Originally Posted by macduffy View Post
    Yes, good on the revenue/premiums front. A bit of a drag on claims, however.

    Yes, but that's really just "paper" losses. Remember - they hold all their securities in the relevant currencies. What counts is the exchange rate they use to transfer their profits (i.e. premiums minus claims)!
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  8. #238
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    Quote Originally Posted by BlackPeter View Post
    Yes, but that's really just "paper" losses. Remember - they hold all their securities in the relevant currencies. What counts is the exchange rate they use to transfer their profits (i.e. premiums minus claims)!
    Correct. Let's not contemplate a "net loss" scenario.


  9. #239
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    Big crossing of more than Mln shares pre-market at 2.92 a piece.

  10. #240
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    Looks like this one ready for next leg up with their presentation to FNZC wealth conference and First NZ increasing their stake as per SSH notice issued y'day.

    Also notice current trading depth show big spread between bid price and ask price.

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