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  1. #9811
    ShareTrader Legend Beagle's Avatar
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    Some of us are not like good sheep that follow along and accept whatever management and the board do, we like the board and management to be accountable for dubious actions. Its called shareholder activism and all shareholders are generally far better off for those shareholders brave enough to enter the fray.
    Last edited by Beagle; 12-09-2017 at 08:38 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

  2. #9812
    percy
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    Quote Originally Posted by Beagle View Post
    Some of us are not like good sheep that follow along and accept whatever management and the board do, we like the board and management to be accountable for dubious actions. Its called shareholder activism and all shareholders are generally far better off for those shareholders brave enough to enter the fray.
    I think it always pays to attend agms and raise any issues you should have.
    I also ring companies,and get answers to anything I want to know.

  3. #9813
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by percy View Post
    I think it always pays to attend agms and raise any issues you should have.
    I also ring companies,and get answers to anything I want to know.
    Good on you mate. I'm not afraid to make some noise / ask questions / provide input outside of annual meeting forums when appropriate too.
    Its people like us that provide directors with useful checks and balances.
    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

  4. #9814
    percy
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    Once upon a time a very long time ago I was rather a large shareholder in SCY,and always used to turn up at their agm with a list of questions.
    After one of the agms I was asked to ring Mr.........., or Mr.......... anytime,and they would answer my questions,saving them the embarassment of them having to be on the back foot answering them at the agms.
    I did ring them and they always answered my questions.
    Since then, other than having an almighty go at Postie Plus directors, at their agm,I have found ringing or attending presentations,as well as agms.leaves me with no unanswered questions, and well positioned.
    Offcourse you learn very quickly whose word/words you can trust.

  5. #9815
    Senior Member
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    Quote Originally Posted by beetills View Post
    Heartland Bank $57400 donation to the Nats.
    Is this ok?
    Looks like the market doesn't like it . It will be lower tomorrow i think. I defiantly don't agree.
    Now they might loose the respect of a good chunk of shareholders and they will sell out this week.
    ( i think, maybe, not sure, who can tell ? )
    mmm unwise this was, more discerning one must be...... Shareholders unhappy will become .....

  6. #9816
    percy
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    Quote Originally Posted by Yoda View Post
    Looks like the market doesn't like it . It will be lower tomorrow i think. I defiantly don't agree.
    Now they might loose the respect of a good chunk of shareholders and they will sell out this week.
    ( i think, maybe, not sure, who can tell ? )
    mmm unwise this was, more discerning one must be...... Shareholders unhappy will become .....
    Not so.The share price is being manipulated lower, by very far right wing greedy capitalists,who are endeavoring to get more shares with DRP.
    Devoted socialists should be awake to this ploy,and spend all their rainy day funds, driving up the share price, so they don't get away with it.
    "Let's do this" kiddy winks.
    Last edited by percy; 12-09-2017 at 09:16 PM.

  7. #9817
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    Haha. Dont we just love elections to put the cat among the pigions .

  8. #9818
    percy
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    Quote Originally Posted by Yoda View Post
    Haha. Dont we just love elections to put the cat among the pigions .
    Pleased you took it that way and did not take offence.

  9. #9819
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    Quote Originally Posted by percy View Post
    Not so.The share price is being manipulated lower, by very far right wing greedy capitalists,who are endeavoring to get more shares with DRP.
    Devoted socialists should be awake to this ploy,and spend all their rainy day funds, driving up the share price, so they don't get away with it.
    "Let's do this" kiddy winks.
    Is DRP= to av. price over next 10 Buss. days from ex div date? If so 20/9/17 is last day, then sp will get stronger after that?

  10. #9820
    percy
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    Quote Originally Posted by see weed View Post
    Is DRP= to av. price over next 10 Buss. days from ex div date? If so 20/9/17 is last day, then sp will get stronger after that?
    Often is the case,but not always.
    Sorry to be vague,but if I say it will,it willn't,if I say it willn't, it will.

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