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04-03-2021, 09:54 AM
#3341
Hey Beagle,
At this rate you will be running out of places to divide your fortune into 7 or 8, especially on NZ's earth.
Genesis Shipley will hold you high in her Rankines.
Last edited by Getty; 04-03-2021 at 10:01 AM.
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04-03-2021, 10:07 AM
#3342
Originally Posted by winner69
this part of announcement The resulting impact of the above on Synlait’s manufacturing recoveries, which sees infant formula base powder production dropping significantly as outputs and inventory levels reset to a new outlook. ......
means ....
we will have lots of staff hanging around doing nothing until things pick up.
No worries, Leon will find heaps of worthwhile things to do, (remember people and planet are just as important as profit). What could possibly go wrong with such a rich ESG culture
For a start they could totally reinvigorate their cultural awareness programs, could hold a week long seminar on cultural awareness for every single different nationality they have working for them, that would keep them busy for a while. Then they could bring in Te Reo experts and spend a few months getting all staff to speak Te Reo all the time....but that's not all, after that they could have months of tree planting programs, clean-up programs for the riverside all along the Waikato river. Plenty of "worthwhile" projects to keep them busy well into FY24 when they might eventually get accreditation for their own brand of milk.
Yeah I hear you Getty...finding quality companies that are well managed and governed, have decent prospects and are on sensible metrics on the NZX is not getting any easier ! Might have to expand my repertoire and get into shorting stocks, plenty of flea and mange ridden mutts on the NZX that's for sure and this one is a prime example !
Last edited by Beagle; 04-03-2021 at 10:10 AM.
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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04-03-2021, 10:09 AM
#3343
Originally Posted by Getty
Hey Beagle,
At this rate you will be running out of places to divide your fortune into 7 or 8, especially on NZ's earth.
Genesis Shipley will hold you high in her Rankines.
When it's a buy you will hear about it. Like Fonterra it can adapt. ATM however I have less faith in, no longer any great moat and no real supply chain. If you look at yesterdays GDT result its largely ingredients and more or less tail end of the season demand based on Fonterra supply chain security. Don't expect a great divvy out of Fonterra either.
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04-03-2021, 10:23 AM
#3344
Beagle,
I thought your more timely retort may have been;
Store not your treasures on Earth.
"Lay not up for yourselves treasures upon earth, where moth, and rust doth corrupt, and where thieves break through and steal"'
The last bit particularly applicable to Qex and Moa, now SVR.
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04-03-2021, 10:26 AM
#3345
Originally Posted by Getty
Beagle,
I thought your more timely retort may have been;
Store not your treasures on Earth.
"Lay not up for yourselves treasures upon earth, where moth, and rust doth corrupt, and where thieves break through and steal"'
The last bit particularly applicable to Qex and Moa, now SVR.
LOL... Fill ya boots mate https://www.openbible.info/topics/money
Nice pun on the Genesis of all this ...your quotes "rank" right up there with the best and "generate" (okay I am out of puns now) a lot of debate in theological circles about the conundrum of financial planning and its relevance for Christians. Fortunately King Solomon covered a lot of ground for us in Proverbs and Ecclesiastes.
Last edited by Beagle; 04-03-2021 at 10:32 AM.
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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04-03-2021, 10:31 AM
#3346
That site is an eye opener, it will give old Confucius a run for his money.
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04-03-2021, 10:32 AM
#3347
Originally Posted by Getty
That site is an eye opener, it will give old Confucius a run for his money.
"Man who fishes in other man's pond catches crabs"?
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04-03-2021, 10:39 AM
#3348
Originally Posted by Habits
Long road to tiperary there beagle... only another $2 to drop and if in the remotest chance it does then you would be justified in thinking "where's the bottom?"
SMLCHM21.jpg Maybe not that long a road. Simply extrapolating that chart out sees them down to below $1.68 later this year
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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04-03-2021, 10:39 AM
#3349
Getty say;
Big Frog in small pond, must be full of Bull.
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04-03-2021, 10:48 AM
#3350
Originally Posted by Getty
That site is an eye opener, it will give old Confucius a run for his money.
Sure would but there's some profound stuff there too https://everydaypower.com/confucius-quotes/
Probably should add one of my own. Dog who chases tail goes nowhere ...something people who recently stumped up for the cash issue for Synlait might like to reflect upon...
Last edited by Beagle; 04-03-2021 at 10:50 AM.
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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