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27-07-2011, 01:13 PM
#10691
Originally Posted by Master98
Dairy company and Oil company are totally different, they are not comparable.
Successful people and companies all have in common that they look at their situation and try as much as possible to change whatever needs to be changed as circumstances require.Just as the dairy industry have made succesful changes now NZO needs to lookat itself,so in theses circumstances the two totally different companies are comparable.
Last edited by digger; 27-07-2011 at 01:14 PM.
digger
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27-07-2011, 01:26 PM
#10692
Is there more negative news to come?
One finds it hard to believe that a management team consisting of 22 highly touted members can in this day and age be so incompetent to take a Co. that had so much going for it 3-4 years ago to this.
BTW: How much or little are those US-$ worth they are still hording , hope they have not added more since they have been such a bargain lately and dare i say may soon even be worthless.
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27-07-2011, 01:29 PM
#10693
Originally Posted by J R Ewing
I think that Diggers' point is that NZO spends a lot of money on salaries and directors fees and it is hard to see what value is being added as a result. We could trim a lot of expenditure without necessarily reducing any revenue, after all AWE operates Tui, Origin operates Kupe and there seems to be very little happening on the prospecting side.
Exactaly and further more even the thought of setting up overseas posts to further the errosion of cash with more salaries fees and prime overseas travel, lodgings is my main point of why the SP is in freefall. The sooner DS leaves the better.That is all part of the price of being a CEO. The buck stops there.Just like a political leader--lose too often your out .
I would put the next CEO on a SP preformance income. In fact why not all the directors on a SP preformance basis. Afterall that would then put them exactally where the shareholders are.We win together or lose together.
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27-07-2011, 03:03 PM
#10694
Member
Where's Chris Roberts now when you have some helpful hints for nzog?
Originally Posted by digger
Exactaly and further more even the thought of setting up overseas posts to further the errosion of cash with more salaries fees and prime overseas travel, lodgings is my main point of why the SP is in freefall. The sooner DS leaves the better.That is all part of the price of being a CEO. The buck stops there.Just like a political leader--lose too often your out .
I would put the next CEO on a SP preformance income. In fact why not all the directors on a SP preformance basis. Afterall that would then put them exactally where the shareholders are.We win together or lose together.
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27-07-2011, 04:04 PM
#10695
Member
Originally Posted by notie
Where's Chris Roberts now when you have some helpful hints for nzog?
LOL, I am sure he's still reading here.
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27-07-2011, 04:16 PM
#10696
Market has overshot this one big time. Cheap takeover target now .
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27-07-2011, 05:38 PM
#10697
Originally Posted by bung5
Market has overshot this one big time. Cheap takeover target now .
LOL, high 50c will be some day.
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27-07-2011, 07:21 PM
#10698
you don't think after taking cash and ppp shareholding out:
MC 260 @ 67c
-65m cash
- 15m PPP holding
180m for KUPE and TUI producing 100mil a year reveune
Plus the permits
Just need to take the snouts out the trough
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27-07-2011, 07:46 PM
#10699
Originally Posted by bung5
you don't think after taking cash and ppp shareholding out:
MC 260 @ 67c
-65m cash
- 15m PPP holding
180m for KUPE and TUI producing 100mil a year reveune
Plus the permits
Just need to take the snouts out the trough
Fully agree nzo is grossly oversold -patience is really being tested . I really wish we could get digger or another big shareholder elected as a director .
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27-07-2011, 08:27 PM
#10700
Originally Posted by bung5
you don't think after taking cash and ppp shareholding out:
MC 260 @ 67c
-65m cash
- 15m PPP holding
180m for KUPE and TUI producing 100mil a year reveune
Plus the permits
Just need to take the snouts out the trough
bung5, you have made good excuses to let you have a good sleep, but for a downtrend stock like NZO all these excuses are mean nothing, NZO has done very bad investment both in PRC and PPP, those cash reserve will not take long to burn out. I already clean out all my holding at 73c( at loss ), maybe come back at some stage, keeping close look.
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