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30-08-2017, 10:14 AM
#6291
Originally Posted by Yoda
I would be more concerned about the South Canterbury farms than Rangiora ... however it sounds like that Mycoplasma bovis occurs now towards the north as well as towards the South of the location of most A2 herds.
From some reports in the radio it sounds as well the MPI is treating the whole thing with its usual incompetence (suspected herds allowed to graze up to the boundary fence with not infected herds just over the fence). If this results in additional infections I am sure this will help to improve neighbourly goodwill for years to come.
Anyway - it is a disease which is endemic in most parts of the world - i.e. people and cows can live with it. No food safety risk, either. It just means affected farms will have a higher rate of sick animals - reducing the overall herd yield.
I assume NZ farmers will learn to live with Mycoplasma bovis as everybody else does. Similar like Varroa to honey bees. Not the end of the world, just another expense and pain.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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31-08-2017, 09:01 AM
#6292
UBS announcing it has been taking some profits, reducing holding from 6.14% to 5.03%
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31-08-2017, 09:22 AM
#6293
Originally Posted by iceman
UBS announcing it has been taking some profits, reducing holding from 6.14% to 5.03%
with a holding of their size it is just prudent portfolio management to take some money off the table .. I think they went in around $2 per share - nice profit for an 8 month wait ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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31-08-2017, 09:31 AM
#6294
Originally Posted by BlackPeter
with a holding of their size it is just prudent portfolio management to take some money off the table .. I think they went in around $2 per share - nice profit for an 8 month wait ...
Absolutely agree. Good on them.
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31-08-2017, 09:31 AM
#6295
Originally Posted by iceman
UBS announcing it has been taking some profits, reducing holding from 6.14% to 5.03%
UBS and other big players continually short and manipulate this stock, it's just a game of cat and mouse to them. PS-BP, they didn't just buy in at $2, they have been buying and selling from around $2 right through.
Last edited by couta1; 31-08-2017 at 09:33 AM.
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31-08-2017, 10:03 AM
#6296
Originally Posted by couta1
UBS and other big players continually short and manipulate this stock, it's just a game of cat and mouse to them. PS-BP, they didn't just buy in at $2, they have been buying and selling from around $2 right through.
Sure - I just picked one SSH which came handy ... does not change the story, though.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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31-08-2017, 10:15 AM
#6297
Originally Posted by couta1
UBS and other big players continually short and manipulate this stock, it's just a game of cat and mouse to them.
UBS are the most notorious bunch when it comes to lending the stock for shorting...if they're accumulating I would be more worried as most of it is lent to shorters, but a reduction in holding is a healthy sign for ATM.
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31-08-2017, 10:36 AM
#6298
Originally Posted by Yoda
One very valuable quote not mentioned is the TA discipline quote..."Cut your losses short and let your profits run"
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31-08-2017, 02:05 PM
#6299
Originally Posted by Hoop
One very valuable quote not mentioned is the TA discipline quote..."Cut your losses short and let your profits run"
Took profits along the way to keep this one weighted under 50% of my portfolio.
Hindsight's a nightmare...
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05-09-2017, 09:26 AM
#6300
Investor Presentation
Some nutritional information to consume with your morning tea
https://www.nzx.com/files/attachments/265153.pdf
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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