Marlin

[Anna Naum]

SP continues to head South....down nearly 10% from where it was when Elevation were causing Caramel some problems.

[Anna Naum]

Brent Sheather points out a few issues with MLN and Caramel.


http://www.nzherald.co.nz/business/n...ectid=10847181

[Balance]

Brent Sheather points out a few issues with MLN and Caramel.


http://www.nzherald.co.nz/business/n...ectid=10847181

I see she still has "F##K *O*" in the portfolio.

Kinda telling that to all unit-holders, right?

[Balance]

"Votes in favour [of Elevation] accounted for fewer than 8% of total shares on issue, Marlin said." Doesn't sound like much. But the flip side is that only 31% of total shares on issue actually voted to support Fisher Funds. Hardly a resounding endorsement.... I'm not a Marlin or Elevation investor but I do admire Chris Swasbrook's audacity/nous."

Marlin shareholders deserve the contempt shown to them by Carmel Fisher and her team.

[winner69]

Caramel and Swashbuckler sounds like a partnership made in heaven

Maybe they should join up ... the mind boggles

[JayRiggs]

I have been a Marlin shareholder for almost 2 years and I think their performance has been piss poor.
I voted for Elevation Capital to wind this crappy fund up so I can get my money back, so I'm disappointed this didn't happen. Perhaps the ones who voted against Elevation are seduced by Carmel... I admit I was back when I first bought, maybe I still am for still holding.
I'll take a bit of a loss if I sold now, so I'm just gonna sit on these crappy units for a long long time and hope Carmel and her team of men can turn it around.

[CJ]

The loss is a sunk cost. If you were to invest money now, would you choose marlin. If not, sell.

[janner]

Sound advice Sparky and CJ.

[Balance]

I have been a Marlin shareholder for almost 2 years and I think their performance has been piss poor.
I voted for Elevation Capital to wind this crappy fund up so I can get my money back, so I'm disappointed this didn't happen. Perhaps the ones who voted against Elevation are seduced by Carmel... I admit I was back when I first bought, maybe I still am for still holding.
I'll take a bit of a loss if I sold now, so I'm just gonna sit on these crappy units for a long long time and hope Carmel and her team of men can turn it around.

The team including a Chairman, Alistair Ryan, who is "not afraid" of her?

I saw Mr Ryan in action when he was CFO and director at Sky City. When Evan Davies told him to jump, he asked how high. That's how Sky City got into the mess they got into, loading up on debt and acquiring all kinds of operations - Canbet, Entertainment Centre, Adelaide Casino etc. Starved Auckland casino until dealers in the Auckland main dealing room had to wear flea collars to ward off fleas as the place was so badly ran down and maintained!

Fat hope of turning things around in my strong opinion.

[Anna Naum]

The team including a Chairman, Alistair Ryan, who is "not afraid" of her?

I saw Mr Ryan in action when he was CFO and director at Sky City. When Evan Davies told him to jump, he asked how high. That's how Sky City got into the mess they got into, loading up on debt and acquiring all kinds of operations - Canbet, Entertainment Centre, Adelaide Casino etc. Starved Auckland casino until dealers in the Auckland main dealing room had to wear flea collars to ward off fleas as the place was so badly ran down and maintained!

Fat hope of turning things around in my strong opinion.

So very true Balance, a good summary