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24-09-2018, 12:37 PM
#10481
Originally Posted by minimoke
Thats where the "to build a deck" so commonly seen nowadays originated from.
Pretty sure it was PEB Chairman Swann who said he needed cash for a deck ......but that excuse was met with derision at the time.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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24-09-2018, 12:46 PM
#10482
Last edited by RupertBear; 24-09-2018 at 01:09 PM.
Reason: spelling
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24-09-2018, 12:52 PM
#10483
Originally Posted by RupertBear
Personally I find the nick name Herd Licker quite assuming in a non sexist way
Stick a salt block into a trough and see what happens. The herd will have their heads buried in it in no time at all.
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24-09-2018, 01:01 PM
#10484
Originally Posted by winner69
Pretty sure it was PEB Chairman Swann who said he needed cash for a deck ......but that excuse was met with derision at the time.
Chairman was it? I probably got confused with the non stop mockery of DD at the time... Unlike PEB, hopefully this CEO isn't mocked for years to come...
I'm still waiting for ATM's CEO to provide an excuse... "prior commitments" certainly ain't one
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24-09-2018, 01:03 PM
#10485
Originally Posted by winner69
Pretty sure it was PEB Chairman Swann who said he needed cash for a deck ......but that excuse was met with derision at the time.
I reckon some people on here would still be cynical if a CEO sold some shares after 10 years at the helm because they needed the money for a relatives late stage experimental cancer treatment. Acknowledge the optics are not great but I think there's a least a decent chance the reason given is genuine what with Australia's crippling top tax rate of 47% and capital gains taxes as well !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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24-09-2018, 01:28 PM
#10486
Originally Posted by trader_jackson
Chairman was it? I probably got confused with the non stop mockery of DD at the time... Unlike PEB, hopefully this CEO isn't mocked for years to come...
I'm still waiting for ATM's CEO to provide an excuse... "prior commitments" certainly ain't one
DD will stop the non stop mocking when his company delivers on promises and moves off its current $0.32 and heads back to $1.70 - where it was in 2014.
Hopefully this isnt the start of ATM's long slow drift down off relative highs.
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24-09-2018, 01:38 PM
#10487
Originally Posted by Beagle
I reckon some people on here would still be cynical if a CEO sold some shares after 10 years at the helm because they needed the money for a relatives late stage experimental cancer treatment. Acknowledge the optics are not great but I think there's a least a decent chance the reason given is genuine what with Australia's crippling top tax rate of 47% and capital gains taxes as well !
To support that, there's also an argument that goes, the explanation that's been given must be genuine as they would know this would cause such a massive backlash, if any inkling of info that influenced the SP negatively was to come to light in the foreseeable future.
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24-09-2018, 01:40 PM
#10488
sentiment must be bad , the last few times is has bounced harder from open in aus ... must be really pissed with that share sale
one step ahead of the herd
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24-09-2018, 01:45 PM
#10489
Originally Posted by bull....
sentiment must be bad , the last few times is has bounced harder from open in aus ... must be really pissed with that share sale
I will be reducing my holding down to 10% of my portfolio total over the next while, for me that's a huge protest vote.PS-No it won't be a panic sell.
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24-09-2018, 02:13 PM
#10490
Maybe she has felt so bad this morning after her daily dose of Sharetrader.co.nz, she bought them all back at 5% cheaper...……??
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