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30-10-2019, 05:14 PM
#721
Originally Posted by winner69
Maximising shareholder returns - management stuck between a Rock and a hard place eh
Wonder if management have ever heard of OSH ?
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
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30-10-2019, 05:25 PM
#722
My two gambling stocks - TAH and SKC have generally been disappointing. Dividends are fine however just no share price appreciation. My Devon Alpha fund features Aristocrat, excellent choice and going really well.
Good to see that SkyCity went online with their pokie app - I blew a $100 for research purposes. It worked really well. I then "excluded" myself. As "investors" (ie gamblers) we've all got a love of risk so no need to tempt fate
Last edited by Bobdn; 30-10-2019 at 05:27 PM.
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30-10-2019, 05:27 PM
#723
Beagle, are you suggesting they may not complying with the law? What do you base that on if that's the case? I'd be surprised inf Sky isn't aware of it obligations.
Last edited by Bobdn; 30-10-2019 at 05:34 PM.
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30-10-2019, 05:51 PM
#724
Originally Posted by Bobdn
Beagle, are you suggesting they may not complying with the law? What do you base that on if that's the case? I'd be surprised inf Sky isn't aware of it obligations.
Unions under this grubby u-turn government are on the resurgent and anything they can blow out of proportions, they will.
A few staff out of a few hundreds felt ill from smelling the smoke and therefore all staff should have had several days off?
Let OSH investigate and if indeed Sky has been negligent and irresponsible, fine the company several million dollars to teach them a lesson. But until then, it's simply union tactics.
Much as I dislike the politics of NZF and Winston, they are the only reason why the unions have not got everything this grubby government has been wanting to give them.
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30-10-2019, 06:21 PM
#725
I am curious Balance. Would you be happy to go and work 5 daily shifts a week at the Casino at present, week in week out for the next 6 months breathing in all that fresh "high quality" air ?
Residues and breathable particulates might not be at a level to be the cause of choric ill heath but how does anyone know if long hours of exposure to moderate level's of these toxins isn't going to cause long term health effects ? Work safe haven't signed off on conditions yet. https://www.msn.com/en-nz/news/natio...cid=spartandhp
A den of iniquity now contaminated with toxin's and with management treating staff like a disposable commodity. What a marvellous corporate citizen...
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
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30-10-2019, 06:52 PM
#726
Originally Posted by Beagle
I am curious Balance. Would you be happy to go and work 5 daily shifts a week at the Casino at present, week in week out for the next 6 months breathing in all that fresh "high quality" air ?
Residues and breathable particulates might not be at a level to be the cause of choric ill heath but how does anyone know if long hours of exposure to moderate level's of these toxins isn't going to cause long term health effects ? Work safe haven't signed off on conditions yet. https://www.msn.com/en-nz/news/natio...cid=spartandhp
A den of iniquity now contaminated with toxin's and with management treating staff like a disposable commodity. What a marvellous corporate citizen...
An expert has signed off and it's now up to Worksafe to determine otherwise. What is Sky City supposed to do - ignore the expert's findings?
"...... a workplace hygiene expert called in to assess SkyCity's Auckland buildings says there were no major issues with air quality in the precincts' buildings during the week of the fire."
"He said there were no reports of acute ill health reported to his team during the clean up or after the buildings were reopened. WorkSafe said it has not signed off or approved of working conditions at the SkyCity precinct, and it is SkyCity's responsibility to ensure it was providing a safe workplace."
There are no doubts those who are susceptible to low levels of contaminants and pollutants in the air - like I know friends who are allergic to cigarette smoke - gives them headaches and nausea.
Fair enough that they take sick leave or if it is indeed such an ongoing issue, they need to leave employment with Sky City and employment anywhere near that area. Health comes first.
But to suggest that all staff must go on leave as the union is pushing????
BTW - there's a lot of employment options out there at present with employers having to import 235,000 workers on temporary work visas. I do wonder what the union representing Sky City workers are doing to further the welfare of the 'poor' workers as in skill upgrades, retraining etc - to get the poor souls out of working for the 'den of iniquity'!
Last edited by Balance; 30-10-2019 at 07:23 PM.
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30-10-2019, 08:24 PM
#727
"The preliminary report by occupational hygienist Derek Miller - released by SkyCity today - found respirable particulates and volatile organic compounds did not reach a level that would be of chronic concern to health". Emphasis added. WOW that's so "reassuring", NOT !! I find the use of the word chronic very interesting. Below that would be serious concern to health, moderately serious, moderate, reasonably minor and minor.
Prolonged exposure to air quality that has for example moderately serious level's of toxin's cannot be good for people's long term health even if their immune system can cope with the immediate effects.
Just because one expert signs off on something its completely safe ? That's really reassuring. Remember how the expert auditors of all those finance companies told us their financial statements were a true and accurate reflection of the companies state of financial affairs....yeah...how did those expert opinions work out for people during the GFC !
How much was this guy paid to prepare this report to give SKC the answer they wanted ? How many reports did they commission before getting one they liked ? (Ouch that's pretty cynical eh) Big companies never do that surely not...or do they ? Was there any independent verification of the testing ?
I think the appalling way staff were treated during this emergency, (as previously articulated in links to press articles in this thread), is quite a worrying indicator of SKC's propensity towards disposable commoditisation of workers. Calling it as I see it. I think their culture is sick and I think staff should be extremely concerned for their long term welfare working there.
I'm staying well clear of the place for the foreseeable future.
Last edited by Beagle; 30-10-2019 at 08:29 PM.
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
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30-10-2019, 09:33 PM
#728
Originally Posted by Beagle
Just because one expert signs off on something its completely safe ? That's really reassuring. Remember how the expert auditors of all those finance companies told us their financial statements were a true and accurate reflection of the companies state of financial affairs....yeah...how did those expert opinions work out for people during the GFC !
How much was this guy paid to prepare this report to give SKC the answer they wanted ? How many reports did they commission before getting one they liked ? (Ouch that's pretty cynical eh) Big companies never do that surely not...or do they ? Was there any independent verification of the testing ?
So what are experts for?
Might as well disregard all expert opinions out there then if the reference point of all expert opinions is that of the dodgy ones out there!
Remember the experts' testing of 'P' contaminated houses and how it was such a huge gigantic problem? And it turned out that everybody was taken for a multi-mega-million dollar ride by the experts and their testers? Guess on that basis we should ignore ALL drug testing expert opinions.
You are right however to be cynical of expert opinions - just as I am cynical of anything that unions do.
I have actually worked with unions in the manufacturing industry - making mountains out of molehills is what they are very good at, especially to justify their existence.
Workers' welfare? Pike River tragedy (and Andrew Little's role) gives you the best example of how much union bosses really care about the welfare of workers.
As I wrote, 235,000 migrant workers here on temporary work visas - what and how are the unions doing for their members like the poor souls in Sky City so the poor exploited souls, having to work in unsafe degrading conditions, can seek alternative and life rewarding employment? Answer - zilch, nothing, zero.
Last edited by Balance; 31-10-2019 at 08:12 AM.
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31-10-2019, 08:28 AM
#729
From an interview I heard on the radio a few days ago with the Union person, he went off on a tangent about wanting to get weekends back for their workers - this just before the long weekend and you could take out from what he said that was the real issue and not the air quality -kept referencing getting weekends back.
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31-10-2019, 08:41 AM
#730
Originally Posted by Jay
From an interview I heard on the radio a few days ago with the Union person, he went off on a tangent about wanting to get weekends back for their workers - this just before the long weekend and you could take out from what he said that was the real issue and not the air quality -kept referencing getting weekends back.
And but for Winston Peters and NZF, this government led by the grubby one would be bending backwards to give the unions all they want.
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