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  1. #1131
    percy
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    Quote Originally Posted by Beagle View Post
    One suspects that we might be a "little way" off topic now but for what its worth all the evidence I have seen is that an erosion in confidence is bad for any big ticket purchase. To be fair though optimists, (for reasons best known to themselves) outweigh the pessimists.
    Personally I think there's more than a few people sitting on their hands keeping their powder dry waiting and seeing how things play themselves out economically. You get enough people doing that and that's how a recession starts. Can't see too many people wanting to make the bold call of the significant investment required for double glazing their house in the current environment.
    People MUST keep sending.
    If they don't buy houses they buy cars.
    Always been the same.
    Always will be.

  2. #1132
    Speedy Az winner69's Avatar
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    Crescent must be feeling smug that they got rid of the last 8% odd of their shares at about $1.70 June last year

    Maybe that was the big sell signal

    Milford and Fisher increased their holdings at the same time.
    Last edited by winner69; 18-11-2017 at 01:04 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1133
    Speedy Az winner69's Avatar
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    Maybe Metro’s biggest problem is it’s lack of diversity at the highest level.

    Until Angela Bull was added to the Board earlier this year it comprised 6 white males

    The Senior Leadership similarly was 6 white males - recently expanded to 9 which at least now includes a solitary female.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #1134
    Speedy Az winner69's Avatar
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    Nigel all chirpy this morning .....off to work with a wide smile on his face

    The bearer of good (at least better) news I reckon

    I reckon I will be happy as Larry tonight after taking a punt on Thursday/Friday. Even it only goes to a buck that’s a pretty big win

    Got to have some fun now WINX in Aussie is in a trading halt
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #1135
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    Not a good result, but given the SP it's not too bad. Glad Sir John is gone, that should at least make people happy. Good first half, but tracking for a very poor 2nd half looking at guidance

  6. #1136
    Speedy Az winner69's Avatar
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    maybe even 110 by tomorrow .....that's good

    Milford may start buying in
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1137
    Speedy Az winner69's Avatar
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    FNZC helping strategic review ....hmmm my

    Code for what?

  8. #1138
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    The last sentence makes me laugh "the board is currently reviewing the composition of the board" lots of confidence that brings

  9. #1139
    ShareTrader Legend Beagle's Avatar
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    The hound barked quite a while back that they'd struggle to make $20m this year...good to see my nose for trouble is still working properly and glad to be out.
    Second half looking very very weak and then there's the multi million dollar restructuring charge to come in FY19.
    Downgrades come in three's. Maybe they struggle to get to $18.5m for the year and what does that say about the business going forward ?
    Last edited by Beagle; 20-11-2017 at 08:43 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

  10. #1140
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    Quote Originally Posted by JeremyALD View Post
    The last sentence makes me laugh "the board is currently reviewing the composition of the board" lots of confidence that brings
    Looks like they will be adding another board member.

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