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  1. #3951
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    Quote Originally Posted by percy View Post
    What is really important is the long term structure and value that is being added to each division.
    Bit like a vineyard buying more really productive land.It will produce the results in years to come, and will continue to do so.
    The right decissions or plantings some times do not produce the goods for a year or two,or in a vineyard 3 to 5 years time.
    , Yeah, I fully agree with you there.
    The bit what makes me feel uneasy is that while the vineyard is closer to full production, the value of the vineyard rises slower than capital added to the vineyard.

  2. #3952
    Speedy Az winner69's Avatar
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    Quote Originally Posted by couta1 View Post
    I'm quite happy with them, no need to wait 6 months either.
    I get one soon don’t I?

    Help offset my smallish loss (as long as the share price doesn’t go down by the same amount)
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3953
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by percy View Post
    I hear there are three car carriers trying to get into Port of Auckland.
    Can't get in because there is no room to unload the cars.
    BuyRight Car's slow down must mean POA is grid locked.!!.....lol.
    What a "surprise" you would put a positive slant on this. Stink bugs are back with a vengeance. Unreported, but I have it on good authority a number of ships have been sent back overseas without being unloaded because stink bugs have been found aboard. I was lucky my new car came with a shipment of other new cars from Europe, (too cold for stink bugs up there at this time of year) but nonetheless the ship was delayed for a week as other ships with second hand cars from Asia ahead of it were searched thoroughly by MPI. I got my car late, in the nick of time for Christmas.

    Expect the stink bug issue might be raised as another excuse for the next downgrade....downgrades usually come in three's.
    Last edited by Beagle; 09-01-2019 at 07:53 PM.
    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

  4. #3954
    percy
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    Just as well Turners are sourcing more cars from within NZ.!!!

  5. #3955
    percy
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    Quote Originally Posted by forest View Post
    , Yeah, I fully agree with you there.
    The bit what makes me feel uneasy is that while the vineyard is closer to full production, the value of the vineyard rises slower than capital added to the vineyard.
    Bit safer than vineyards.
    No weather or bug problems [other than stink bug].
    No worry being played off by three major UK supermarket chains.
    No worry about frosts.
    No currency concerns as NZ customers realise lower NZ $ means higher car prices.
    No worry having to store cars three or four years before you sell them.
    No worries about people's tastes changing.ie Will kids drink the same wine as their parents did.

    Who would ever invest in a vineyard/ ..LOL.

    Golly I am not getting far with "The Break" by Ronnie O'Sullivan.Only up to page 5.!!.
    Last edited by percy; 09-01-2019 at 08:00 PM.

  6. #3956
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    Quote Originally Posted by percy View Post
    Bit safer than vineyards.
    No weather or bug problems [other than stink bug].
    No worry being played off by three major UK supermarket chains.
    No worry about frosts.
    No currency concerns as NZ customers realise lower NZ $ means higher car prices.
    No worry having to store cars three or four years before you sell them.
    No worries about people's tastes changing.ie Will kids drink the same wine as their parents did.

    Who would ever invest in a vineyard/ ..LOL.

    Golly I am not getting far with "The Break" by Ronnie O'Sullivan.Only up to page 5.!!.
    Ok, last thought from me tonight on this subject.
    Maybe, just maybe if the company produced a good wine it could entice the directors to show up and attend the board meetings.

  7. #3957
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by forest View Post
    Ok, last thought from me tonight on this subject.
    Maybe, just maybe if the company produced a good wine it could entice the directors to show up and attend the board meetings.
    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

  8. #3958
    percy
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    Quote Originally Posted by forest View Post
    Ok, last thought from me tonight on this subject.
    Maybe, just maybe if the company produced a good wine it could entice the directors to show up and attend the board meetings.
    Back to that again.
    I accepted the chairman of the meeting's explanation.
    Made good sense to me.
    Seemed I was the only one who did...lol

    PS.The Oyster Bay agm I attended The Chairman only half filled the glasses.Very tight I thought,[as did all other shareholders.!].
    pps.Not good,only up to page 15 of my book, and I have not had time to watch Cleetus McFarland on youtube tonight.lol.
    Last edited by percy; 09-01-2019 at 08:29 PM.

  9. #3959
    ShareTrader Legend Beagle's Avatar
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    http://www.sharechat.co.nz/article/c...r-downturnhtml

    Company spokesman will put a positive spin on this somehow.
    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

  10. #3960
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    Quote Originally Posted by Beagle View Post
    http://www.sharechat.co.nz/article/c...r-downturnhtml

    Company spokesman will put a positive spin on this somehow.
    Not too negative overall, let the battle between Beagletron and the Percynator commence.

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