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  1. #3101
    Speedy Az winner69's Avatar
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    Quote Originally Posted by skid View Post
    Not saying this is the case but that ''doubling up to win back losses is a classic in the gambling addition archives''
    They say''He who fights and runs away-lives to fight another day''
    Don't worry about me skid .... I spasmodically raid (like I did last weekend when a cetain 500 bucks was to be made) the balance in the TAB account that has been active for zonks without ever putting any more in than the initial deposit of 100 bucks years .... and I have only been in a casino for 2 minutes (taht was enough at Sky City to put one off for life)

    Good advice that about running away to fight another day .... applies to averaging down as well eh .... hence my reference to falling knives .... better to cut ones losses on some stocks and live another day

  2. #3102
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    I'm pretty sure that the little 50,000 parcels that intermittantly pop up on the sell side of the ledger are some of the 'small shareholding plan' shares. As soon as there's an announcement saying that they have all been sold, I'd expect to see a bit of a resurgence in the shareprice. The big unknown is around just how many shares need to be sold during this process.

  3. #3103
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    Quote Originally Posted by SparkyTheClown View Post
    Should investors keep "averaging down" or pouring more money in via rights issues or capital raises?

    Believers like Simla clearly say yes, on the grounds that Blis is closer to commercialising its probiotic lineup than most people give credit for.
    Well, I would very cautiously suggest that that is a possibility. The one thing that shareholders, or me anyway, find difficult to read in all of this is just where the roadblock is. Without that knowledge, all is mere speculation.

  4. #3104
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    ""Should investors keep "averaging down" or pouring more money in via rights issues or capital raises?""

    nice statement........ sadly i learnt that lesson way to late for this co.
    after the millions that share holders have invested into this co...... it would seem fair that these investors get to see a result.....
    instead we get these golden promises of mega wealth.
    i have lost mega in this co and repeatedly mention this on this thread simply to warn others of what they might be in for.

    i have also for a long time said that this co should be wound up and its IP sold and distributed amongst all share holders.
    instead of a certain sh collecting the company for a dime

    this co should be used as an example in sharetrading and investment schools as to what is allowed to happen in a publicly listed company and how a $1 share goes to less than a cent and endless company "legal" announcements can still extract cash from the public.

    but...... the NZX is still cowboy land.
    no wonder folks still buy into property bubbles in NZ.
    having lost 6 figures....... i have learnt my most painful lesson in life....... financially. thanks to BLT and the system that allows it to continue.
    i have however been rewarded with an insight to politics, financial law and family values...... family values and the ability to enjoy that is paramount.
    this is why i have been extracting myself and family from financial instruments and government policy........ as they all want to screw you.
    legally that is..........
    since the gfc and finance company collapses and now the euro issues and god knows what next..... people still have money to invest and spend and the laws of the land still after all this still cant protect investors.

    hey!..... i lost my money through lack of knowledge...... i can wear these pants.......
    but for this to be still continuing 10 odd years down the track is now a farce...... and its legal.
    what does that say for the system??

    oh yeah..... that old adage....... a sucker is born everyday and thats how the world goes round.
    and politics and security commisions is design to protect that fact.

  5. #3105
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    Quote Originally Posted by winner69 View Post
    Didn't go the thou but $500 - Its a Dundeel at 1.45 into the Cowboys at $1.43 for a return of $1036

    Its a Dundeel did his thing and no way will the Warriors beat the Cowboys so in the money - yippee

    Heck I'll be able to buy 60,000 BLT shares .... ha ha

    Just shows that the TAB is probably a better place to gamble than that other gambling exchange the NZX .... and you can get divies all day as well
    Epic Fail Winner. What's your next trick?
    http://www.youtube.com/watch?v=FbKDY8EH6mE

  6. #3106
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Stu View Post
    Epic Fail Winner. What's your next trick?
    http://www.youtube.com/watch?v=FbKDY8EH6mE
    OK 100,000 shares in BLT ... playing safe now

  7. #3107
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    Winner, you didn't just say that you've joined the Blis shareholders list, did you?

  8. #3108
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    The supermarkets are still restocking the Gourmet ice cream and roulades, which surprises me. The company must be reclaiming some working capital, which is good.

    The March announcement said, " the production and sale of ice cream and roulades under the "Gourmet" brand will cease. The launch by "Gourmet" of the BLIS probiotic ice cream has however been a successful proof of concept and it is therefore intended to maintain supply under license." It's hard to know what to make of that. The word "maintain" would seem to imply "without break" and yet the word "intend" would suggest they hadn't sewn it up at the time which would seem to imply "with a break". Likewise, does it mean the Gourmet brand will disappear or not? Presumably it will, in which case current restocking is presumably existing stock.

  9. #3109
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    Quote Originally Posted by SparkyTheClown View Post
    pulled the plug on the ice cream project, it was rationalised as "proof of concept", and most Blis investors on Sharetrader agreed readily thus.
    There were 8 flavours in the supermarket yesterday, including one I hadn't seen before, and it was sell stocked too. This thing was definitely going somewhere when they decided to pull that plug, so I don't yet assume we've seen the last of this. Change of tack seems more likely, but we'll see. Selling it and making it are two different things though. As proof of concepts go, it was pretty successful.

    The ice cream is perhaps an example of so much of what Blis is doing. Set backs seem to keep arising, but Blis keeps soldiering on. In general, they haven't abandoned the original plan at all, but keep chipping away at it. It seems pretty likely that will work in the end, I would have thought.

    The obvious constraint is the cash/revenue. You got the impression the company had got pretty serious about it last year. It has apparently not been endless revenue this year either though, so the most interesting part of the next report will probably be in reading (or trying to read) how the company is responding to that. The most obvious response would be to get even more determined.

    Also interesting to see whether the current thaw in world confidence can flow through to Blis in the coming year. And maybe the predicted strong flu season will lift K12 sales at least here soon.

  10. #3110
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    Quote Originally Posted by winner69 View Post
    OK 100,000 shares in BLT ... playing safe now
    And there it is, one clean purchase of 100,000 shares at 13:18 today. My God, you've taken a shine to corner dairies? Can this be true? Where's my heart medication...

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