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  1. #3121
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

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    Quote Originally Posted by RupertBear View Post
    Trust you Couta! I am down the gurgler with this one again and regret buying back in recently
    Old guy walking past our place today stopped and asked me how the sharemarket was going.He had spoken with my wife a few weeks ago and she told him it was my hobbie.
    He is 92,still does a two hour walk when it is fine,and against his family wishes he still skiis.
    He told me he holds EBO.I said I brought them in 1991 and sold out last year.
    He brought his at issue in either 1983 or 1985,and has added to his holding when they had capital raises.
    He has only ever brought shares.Never sold any.!!!!!!!!!!!!!!!!!!!!!!
    He has never asked for a share broker's advice,just rings him when he wants to buy.
    He said the money is made making careful selection,paying attention to who the directors are, and the company must have a strong balance sheet.
    A very wise old Bear.

  2. #3122
    Junior Member
    Join Date
    Sep 2010
    Posts
    16

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    yes McGinty sorry i meant they are the oldest stock in the NZX not the oldest stock in the top 50

  3. #3123
    Aspiring to be an Awesome Bear
    Join Date
    May 2016
    Location
    In the Woods
    Posts
    1,588

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    Quote Originally Posted by percy View Post
    Old guy walking past our place today stopped and asked me how the sharemarket was going.He had spoken with my wife a few weeks ago and she told him it was my hobbie.
    He is 92,still does a two hour walk when it is fine,and against his family wishes he still skiis.
    He told me he holds EBO.I said I brought them in 1991 and sold out last year.
    He brought his at issue in either 1983 or 1985,and has added to his holding when they had capital raises.
    He has only ever brought shares.Never sold any.!!!!!!!!!!!!!!!!!!!!!!
    He has never asked for a share broker's advice,just rings him when he wants to buy.
    He said the money is made making careful selection,paying attention to who the directors are, and the company must have a strong balance sheet.
    A very wise old Bear.
    Thanks Percy lovely story and I get your point

  4. #3124
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,451

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    Quote Originally Posted by The Rocket View Post
    yes McGinty sorry i meant they are the oldest stock in the NZX not the oldest stock in the top 50
    Sanford listed way before HLG ....

  5. #3125
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

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    Come on Gragher, keep leading it down, your losing heaps now and good job.

  6. #3126
    Member
    Join Date
    Oct 2015
    Posts
    346

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    Yep, I am also watching and waiting for an opportunity to top up ... $4.08 is a good price, under $4.00 would be even better! (Probably dreaming ... ASB shows 52 week low at $3.98).

  7. #3127
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

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    Quote Originally Posted by oldtech View Post
    Yep, I am also watching and waiting for an opportunity to top up ... $4.08 is a good price, under $4.00 would be even better! (Probably dreaming ... ASB shows 52 week low at $3.98).
    I just get on with it and chase it down.

  8. #3128
    Member
    Join Date
    Oct 2015
    Posts
    346

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    Quote Originally Posted by couta1 View Post
    I just get on with it and chase it down.
    Ha, love it! Go hard or go home

  9. #3129
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

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    Quote Originally Posted by couta1 View Post
    Come on Gragher, keep leading it down, your losing heaps now and good job.
    Looks like they're listening to you mate.
    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. #3130
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

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    Quote Originally Posted by Beagle View Post
    Looks like they're listening to you mate.
    The poor dears have probably had their feathers ruffled by the CEO resigning.Lol

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