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08-08-2018, 03:00 PM
#9801
Originally Posted by bull....
That’s a sick looking chart in that article
Did Fool say “However, I still see more value in the shares of rival Bellamy’s Australia Ltd (ASX: BAL).”
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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08-08-2018, 03:02 PM
#9802
Originally Posted by bull....
LOL looks like a good work of fiction on Citi's part.
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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08-08-2018, 03:13 PM
#9803
Originally Posted by bull....
Sure is and lest we forget the below article from same crowd when Citi downgraded them when the price was $1.84 in Oct 2016 and fast forward 2 years where we are now...
https://www.fool.com.au/2016/10/27/a...-baby-formula/
And who can forget that (in)famous analyst from Citi Mr Sam Teeger.
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08-08-2018, 03:13 PM
#9804
Originally Posted by Timesurfer
Kind of hard to justify your hefty commission as a fund manager if you are pulling investment decisions out of a hat?
I actually can't work out if he's being ironic, or is genuinely that inane?
Edit: Looks like it's the latter, judging by his Twitter record. How about this gem:
Mark Lister @MarkListerNZ Aug 3More
Just paid my annual rates bill, which is 4.2% of the value of my house. So my house has to rise by that degree each year for me to simply break even on my rates, before I even consider interest, inflation, insurance, or maintenance. Who said property was a great investment again?
There's simply no way this is possible. He's innumerate.
Last edited by Lego_Man; 08-08-2018 at 03:16 PM.
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08-08-2018, 03:17 PM
#9805
Originally Posted by sb9
Sure is and lest we forget the below article from same crowd when Citi downgraded them when the price was $1.84 in Oct 2016 and fast forward 2 years where we are now...
https://www.fool.com.au/2016/10/27/a...-baby-formula/
And who can forget that (in)famous analyst from Citi Mr Sam Teeger.
LOL They deserve an award for that, a badge of honour, sure there's something appropriate here https://www.trademe.co.nz/home-livin...1719187747.htm Most appropriate one could be "I give up, what planet are you from" ?
Last edited by Beagle; 08-08-2018 at 03:23 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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08-08-2018, 03:22 PM
#9806
craigs say upgrade recently price declined , citi downgrades price declines looks like citi moves the market more than craigs on this stock.
one step ahead of the herd
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08-08-2018, 03:50 PM
#9807
Originally Posted by Lego_Man
Just paid my annual rates bill, which is 4.2% of the value of my house. So my house has to rise by that degree each year for me to simply break even on my rates, before I even consider interest, inflation, insurance, or maintenance. Who said property was a great investment again?
No mention of how a geared investment works, cost savings from not renting, growing capital, or a myriad of non financial benefits work in the propery market.
I take it he applies similar lack of logic to his stock investment choices.
A2 has to rise by my interest bill, inflation, loss of potential earnings from other sources, tax, doctor's bills for stress treatment. Before it can be considered a good investment.
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08-08-2018, 04:00 PM
#9808
Originally Posted by Timesurfer
No mention of how a geared investment works, cost savings from not renting, growing capital, or a myriad of non financial benefits work in the propery market.
I take it he applies similar lack of logic to his stock investment choices.
A2 has to rise by my interest bill, inflation, loss of potential earnings from other sources, tax, doctor's bills for stress treatment. Before it can be considered a good investment.
Surely one has to factor in regular psychotherapists visits as well !
Friend of mine just started paying $800 a week rent for a nice 4 bedroom house in Auckland. Makes me appreciate my mortgage free one even with the dreadful rates bills !
Last edited by Beagle; 08-08-2018 at 04:27 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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08-08-2018, 04:15 PM
#9809
No wonder school teachers etc are asking for a rent subsidy in auck, tauranga etc.Even a psychotherapist cant help a Fried on mind
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08-08-2018, 04:28 PM
#9810
Originally Posted by Joshuatree
No wonder school teachers etc are asking for a rent subsidy in auck, tauranga etc.Even a psychotherapist cant help a Fried on mind
Spell check when you have the flu doesn't save you from everything either ! Yes rent for a decent house in a decent suburb is truly shocking in Auckland.
Last edited by Beagle; 08-08-2018 at 04:30 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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