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27-11-2021, 08:05 AM
#1501
I must admit I am surprised that the CEO especially has not purchased more when the future looks so positive for Stu. At the end of the day no ones really no’s people’s personal circumstances. For me I would feel a lot better if at the very least that Mark had more shares than I do.
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27-11-2021, 08:47 AM
#1502
Originally Posted by percy
Directors and CEO with large holdings= Percy with a large holding.
Directors and CEO with no holdings or very small holdings = Percy with no holding,or a very small holding.
Disc.I have a very small STU holding.
Hey Percy, how high do you rank insider shareholdings in your criteria for selecting a stock to invest in? Would it be top 3?
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27-11-2021, 08:57 AM
#1503
I remember the days when STU sold cars and trucks and heavy machinery
”When investors are euphoric, they are incapable of recognising euphoria itself “
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27-11-2021, 09:00 AM
#1504
Originally Posted by winner69
I remember the days when STU sold cars and trucks and heavy machinery
I love it when you come out with these nuggets of gold W69. Like when you said MHJ sold shoes once upon a time.
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27-11-2021, 09:10 AM
#1505
Originally Posted by Rawz
I love it when you come out with these nuggets of gold W69. Like when you said MHJ sold shoes once upon a time.
Like Michael found out about shoes having a diversified business doesn't often work ......stick to what you know best and do it well
”When investors are euphoric, they are incapable of recognising euphoria itself “
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27-11-2021, 09:16 AM
#1506
Originally Posted by Rawz
I love it when you come out with these nuggets of gold W69. Like when you said MHJ sold shoes once upon a time.
in the 80's when Brierley Investments was buying almost every company on the NZX the joke around town was that Steel and Tube are safe because they are so useless even Brierley wouldn't buy them
”When investors are euphoric, they are incapable of recognising euphoria itself “
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27-11-2021, 10:28 AM
#1507
Originally Posted by Rawz
Hey Percy, how high do you rank insider shareholdings in your criteria for selecting a stock to invest in? Would it be top 3?
My largest shareholding the ex chairman,directors and ceo hold over 50% of the shares on issue.[PAZ on Unlisted].
My second largest holding the directors do not have significant holdings.[SFF on Unlisted]
Third largest holding is HGH where directors,ceo and other senior staff have very large holdings.
Ranking ? Important,and helps add to making the investment a "high conviction" stock.
I also look at debt,cashflow,sector,and have to decide whether I really under stand the business I am buying.
I love profitable companies that are growing eps and have a high ROE .
PS.I recently bought DGC, well actually DGL in Aussie.Sold yesterday as I realised I had no idea what their eps would be.
I also bought a couple of months ago ALF, as I could see Chris Swasbrook's Elevation Capital taking control of the business,and knew they would drive the business .
Last edited by percy; 27-11-2021 at 10:36 AM.
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27-11-2021, 10:31 AM
#1508
Originally Posted by Rawz
Hey Percy, how high do you rank insider shareholdings in your criteria for selecting a stock to invest in? Would it be top 3?
CBL Insurance used to have significant insider shareholdings - and where did that bring them? Similar (different industry and less criminal energy): SML.
Insider holdings are an indicator as good as any other - interesting, but what it really means for a specific company depends on a lot of things you can't put on a checklist.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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27-11-2021, 10:39 AM
#1509
Originally Posted by BlackPeter
CBL Insurance used to have significant insider shareholdings - and where did that bring them? Similar (different industry and less criminal energy): SML.
Insider holdings are an indicator as good as any other - interesting, but what it really means for a specific company depends on a lot of things you can't put on a checklist.
Think EBO,FRE,HLG,MFT and many others.It really works.
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27-11-2021, 10:57 AM
#1510
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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