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  1. #3911
    Speedy Az winner69's Avatar
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    Quote Originally Posted by McGinty View Post
    2019 Resolutions:

    - Announce the success of the buyback program
    - Reinstate the 2pm wrap up of future board meetings.
    - Grant to attend next AGM (prefer without a fresh tan)
    - Confirm FY19 downgrade and blame external factors
    - Rejustify why the boards troughing is good even if no future shareholder value is added
    - Announce management/directors takeover at discounted price

    I wonder if the board has worked out yet that the 'buyback' is just providing a market for either Milford or Salt to exit/reduce.

    Looking forward to 2019 as it will be an interesting year
    I’m told Turners are experts at ‘fixing’ things and doing what they say they will do so no doubt all those things you mentioned Mcginty will happen
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #3912
    ShareTrader Legend Beagle's Avatar
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    Maybe they'll have a video link next year so we can see Grant Baker via satellite from his luxury chalet in Zermatt Switzerland ?
    Last edited by Beagle; 21-12-2018 at 03:10 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

  3. #3913
    percy
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    Maybe,just maybe they will revert to having their agm in the usual week they have historically held it.

    ps.I admit I did miss an EBO agm some years ago, as they held it a week earlier than usual,and I was out of town.
    pps.I did attend a PAZ meeting in Dunedin a few years ago,as they held it couple of weeks later than usual, and I happened to be there selling books to schools that week.
    Last edited by percy; 21-12-2018 at 03:31 PM.

  4. #3914
    Speedy Az winner69's Avatar
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    Buyback total now 535,892 shares or 0.6% of total as at start

    Slowly getting there ...three months to go unless they change the duration.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #3915
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    Some months ago, when they announced the next 3 quarterly divs, what they were really saying is don't expect anything exciting or dynamic in financials over the next 12 months I invariably seem to get my timing wrong. However, in 60 years of playing with the Stockmarket, I have managed to keep my head above water. Have or had friends {some have died) who lost everything 1987

  6. #3916
    Speedy Az winner69's Avatar
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    Turners market cap $30.8m less than what it was before buyback announcement

    That’s 12.6% less ....quite a lot of shareholder wealth gone in last month
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #3917
    percy
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    Positive the share buy back is buying shares 12.6% cheaper.................lol.

  8. #3918
    Dilettante
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    Haha. Love the last 2 posts. Great example of glass half empty or glass half full :-)

  9. #3919
    Speedy Az winner69's Avatar
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    Quote Originally Posted by iceman View Post
    Haha. Love the last 2 posts. Great example of glass half empty or glass half full :-)
    ha ha

    one statement is fact

    one statement is subjective ....said in context of hoping like hell its 'factual'
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #3920
    percy
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    Quote Originally Posted by winner69 View Post
    ha ha

    one statement is fact

    one statement is subjective ....said in context of hoping like hell its 'factual'
    As always I choose to see both as factual.
    No surprises there.!...lol.

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