sharetrader
  1. #10691
    Advanced Member
    Join Date
    Apr 2001
    Posts
    1,979

    Default

    Quote Originally Posted by Master98 View Post
    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 12:14 PM.
    digger

  2. #10692
    Senior Member
    Join Date
    Jul 2007
    Location
    Waimauku AUCKLAND, , New Zealand.
    Posts
    530

    Default

    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.

  3. #10693
    Advanced Member
    Join Date
    Apr 2001
    Posts
    1,979

    Default

    Quote Originally Posted by J R Ewing View Post
    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.
    digger

  4. #10694
    Member
    Join Date
    Apr 2009
    Posts
    197

    Default

    Where's Chris Roberts now when you have some helpful hints for nzog?

    Quote Originally Posted by digger View Post
    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.

  5. #10695
    Member
    Join Date
    Jan 2004
    Location
    , , New Zealand.
    Posts
    220

    Default

    Quote Originally Posted by notie View Post
    Where's Chris Roberts now when you have some helpful hints for nzog?

    LOL, I am sure he's still reading here.

  6. #10696
    Senior Member
    Join Date
    Jun 2009
    Location
    Vancouver
    Posts
    699

    Default

    Market has overshot this one big time. Cheap takeover target now .

  7. #10697
    Senior Member
    Join Date
    May 2011
    Location
    Bright Side Pl
    Posts
    753

    Default

    Quote Originally Posted by bung5 View Post
    Market has overshot this one big time. Cheap takeover target now .
    LOL, high 50c will be some day.

  8. #10698
    Senior Member
    Join Date
    Jun 2009
    Location
    Vancouver
    Posts
    699

    Default

    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

  9. #10699
    Advanced Member
    Join Date
    Sep 2004
    Location
    , , .
    Posts
    1,894

    Default

    Quote Originally Posted by bung5 View Post
    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 .

  10. #10700
    Senior Member
    Join Date
    May 2011
    Location
    Bright Side Pl
    Posts
    753

    Default

    Quote Originally Posted by bung5 View Post
    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.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •