Barramundi ( BRM )

[Balance]

These guys are pump and dump which has worked quite well for them in a tiny illiquid NZ market. Chase them into Australia at your peril. Much smarter sharks over there who will eat them alive.

Words of wisdom from 2006.

[Balance]

without a doubt I am sure you could dribble on all day about better investments and equally as long about worse investment in the last 5 years.
All I am saying is a total return of over 100% in 5 years is very pleasing to me.
Far superior to a term deposit or coperate bond return.

You are talking about YOU and your perfectly timed investment into BRM, Snapiti.

The critical point here is about BRM being a lousy investment for its shareholders in general but great for its manager, irrespective of how badly BRM has performed - and will perform.

Anyone can brag about their great investments - eg. someone who bought TRS at 0.02c and sold at 1c, and made 500% in a week. Does that make TRS a great investment?

[Balance]

Balance that is the same as saying if you bought PEB at $1.70 and 1 month latter it is trading at 1.30 does that mean PEB is a bad investment.

No, it doesn't.

But when you have BRM delivering negative returns - measured over 3 years, 5 years and from inception - it is a losuy investment especially when the manager gets paid irrespective of how badly they manage the fund.

Please don't try the old trick by changing the goal posts to deflect from how badly BRM (and for that matter, its equally smelly fishy counterpart) has performed for its investors - compared to the manager who reaped millions of dollars for fees for failing to perform.

[percy]

Snapiti
I have had a look at Stocknessmonster and FT charts.They are very different from Yahoo chart.So I find myself apologising for Yahoo charts.!!! Sorry to waste your time.!

[Beagle]

My view. Fisher funds is a way to cheaply buy a moderatly well diversified group of shares.
Some of the investment decision making in regard to Barramundi has been really bizarre and I believe the fund manager has done very well, whereas on the other hand the average investor has been served very poorly. Of course some will claim they have incredible timing, (a paid employee of Fisher Funds might suggest that for example), but any way you slice and dice this debate a fund manager deserves to be measured against its peers and I'd back Milford Asset Management any day of the week over Fisher funds. Milford's reputation has been well earned and they are well respected whereas on the other hand...

[Balance]

I take it you refer to KFL which I purchased about 2 years ago for 90 cps recieved fantastic quarterly dividends and sold last month for 1.31 giving me a return on my investment of 45% plus the divi.
Wont lose too much sleep with those sort of investment returns banked.
More than happy if this sort of investment is considered to be a dog by you balance.

Which part of You and your investment do you not understand?

Go back to how much money has been lost by investors in BRM, MLN, KFL while the fund manager ripped millions in fees for them losing money.

That's what the thread is about - not you and your bravado.

[nextbigthing]

Which part of You and your investment do you not understand?

Go back to how much money has been lost by investors in BRM, MLN, KFL while the fund manager ripped millions in fees for them losing money.

That's what the thread is about - not you and your bravado.

Balance,

I appreciate the fees might be high, do you have the BRM figures with links etc to back the 'losing money' part up?

Cheers,

NBT

[Snow Leopard]

Which part of You and your investment do you not understand?

Go back to how much money has been lost by investors in BRM, MLN, KFL while the fund manager ripped millions in fees for them losing money.

That's what the thread is about - not you and your bravado.

Neither is thread about your obsessive hatred of Fisher Fund's.

Reasonable debate - please!

Best Wishes
Paper Tiger

[Balance]

Neither is thread about your obsessive hatred of Fisher Fund's.

Reasonable debate - please!

Best Wishes
Paper Tiger

Go back to your wayang kulit chase on PEB, PT - still have not replied to the query on your comparison of Snakk insiders selling vs PEB insiders selling?

[Balance]

Balance,

I appreciate the fees might be high, do you have the BRM figures with links etc to back the 'losing money' part up?

Cheers,

NBT

NBT, BRM has lost 38% in capital value in 7.5 years - issued at $1.00 and it's now trading 62 cents.

Meanwhile, guess how much the manager has been paid in fees for this 'outstanding' performance?