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09-08-2017, 11:30 AM
#481
Junior Member
Yes interested in other viewpoints, always good looking at the cons.
I am in for the long haul, but since IPO up already 39%. Lucky I heard them advertise on the radio earlier this year for the IPO.
Of interest to experienced investors. With the Dividend coming out in FEB, what should I do with it. I know to reinvest, but to buy something else incurs brokerage of $30 ($300 div), already down 10%. I currently have holdings in FNZ, and Craigs my start with 4 Bluechips, perhaps I could deposit it into one of them as a one off as from memory they have no brokerage only fees.
Any thoughts?
Originally Posted by Fatboyj
666 great number.
Have followed this thread very closely, and glad to have jumped in and bought last week. Thanks all for your input. Is there no one on this site against this stock? No devils advocate to stir things up a bit?
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09-08-2017, 11:34 AM
#482
Originally Posted by Lawstudent
.....
Of interest to experienced investors. With the Dividend coming out in FEB, what should I do with it. I know to reinvest, but to buy something else incurs brokerage of $30 ($300 div), already down 10%.....
Keep it in the bank. I seldom make any trades of less than $3000 otherwise the brokerage just kills it.
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09-08-2017, 11:36 AM
#483
Originally Posted by Fatboyj
666 great number.
Have followed this thread very closely, and glad to have jumped in and bought last week. Thanks all for your input. Is there no one on this site against this stock? No devils advocate to stir things up a bit?
There were plenty at the start, I could probably write a few pages of all the things that were brought up, I was one of the few who actually seemed to like the company... how things change in such a short period of time
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09-08-2017, 11:40 AM
#484
Last edited by Beagle; 09-08-2017 at 11:43 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
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09-08-2017, 12:02 PM
#485
Originally Posted by Beagle
You and Joshuatree should be very grateful for the detractors comments as I am sure in a small way they helped suppress demand and the IPO price.
Wow - the power of this forum eh?
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09-08-2017, 12:18 PM
#486
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09-08-2017, 02:16 PM
#487
Originally Posted by dobby41
Wow - the power of this forum eh?
Its by no means the only forum where the veracity of the companies balance sheet as it was originally structured was questioned. Some of us as far back as 2014 made the observation that some pretty dramatic balance sheet restructuring was needed and it is pleasing that the company directors took those comments on board and used the full net proceeds of the IPO to effect exactly that outcome. The company is far better positioned now going forward.
Last edited by Beagle; 09-08-2017 at 02:20 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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09-08-2017, 02:45 PM
#488
Originally Posted by Beagle
...
If enough money and alcohol is involved I reckon almost anyone can get along
I respect your posts but I must admit I do not understand how you can be so severe in your criticism of SKC as a "sin" company in so far as it may also make money from addicted gamblers, yet be so flippant about consuming large amounts of alcohol, which is widely accessible, and which can lead to devastating addictions and has caused grief to so many.
Disc: former shareholder of SKC, current shareholder of OCA, have seen the damage wrought by alcohol addiction
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09-08-2017, 04:03 PM
#489
It was just a flippant remark, don't condone alcoholism but a couple of drinks now and again is okay I reckon and you are quite right, alcohol which is far more widely available has destroyed many lives in fact (and this is not directed at you) I sometimes wonder how much some posters on here have drunk before they post...anyway we're well off track, is Oceania up to $1.15 yet ?
Last edited by Beagle; 09-08-2017 at 04:06 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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09-08-2017, 04:53 PM
#490
Banned
Originally Posted by Beagle
is Oceania up to $1.15 yet ?
I fired up the Delorean, lucky I bought Meridian shares for the 1.2gw of power.
OK back from next Tuesday, yes we have 1.15! Also Matiria has resigned and America's gone to defcon 1.
Last edited by Fatboyj; 09-08-2017 at 04:54 PM.
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