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13-12-2019, 05:44 PM
#861
Originally Posted by peat
I'd need more context to evaluate but my point is that some stuff REALLY blows out, and until the work is completed no 20% contingency line item is sufficient to cover the risk. Especially with leaky stuff.
As they have been progressively addressing this problem for a while the estimate should be based on some good actual cost data. That said I don't know if the provisioning is light, pretty accurate or over done.
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16-12-2019, 06:42 AM
#862
Deal Sure to be announced pre-open
Had a great afternoon with mates Friday afternoon and forgot about topping up on MET
Will be expensive distraction missing out on the $1.50 per share gain
At the top of every bubble, everyone is convinced it's not yet a bubble.
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16-12-2019, 06:59 AM
#863
Originally Posted by winner69
Deal Sure to be announced pre-open
Had a great afternoon with mates Friday afternoon and forgot about topping up on MET
Will be expensive distraction missing out on the $1.50 per share gain
Already up $1.85, so another $1.50 would be quite the windfall over 3 months.
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16-12-2019, 07:57 AM
#864
Originally Posted by Baa_Baa
Already up $1.85, so another $1.50 would be quite the windfall over 3 months.
Winner Analytics Ltd report to Mr Couta was just a few days prior to the takeover story broke
Got in at $5.20 odd so havent reaped the $1.85 you mention ...that was for clever guys like you and beagle
But another $1.50 will be OK
At the top of every bubble, everyone is convinced it's not yet a bubble.
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16-12-2019, 10:11 AM
#865
Originally Posted by winner69
Deal Sure to be announced pre-open
sounds a bit flippant
(and not to be relied on)?
any particular reason for saying it other than having something to say?
more chances to fill yer boots up today then!
For clarity, nothing I say is advice....
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16-12-2019, 10:16 AM
#866
Originally Posted by peat
sounds a bit flippant
(and not to be relied on)?
any particular reason for saying it other than having something to say?
more chances to fill yer boots up today then!
Deals are often completed over the weekend and Im sure if serious they want a Xmas break
And as I said I was going to miss out in filling me boots up because of distractions
But it didnt happen so filling me boots this morning
Then again IT may never happen
At the top of every bubble, everyone is convinced it's not yet a bubble.
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16-12-2019, 10:17 AM
#867
Originally Posted by Beagle
Have to concede I was also hopeful of an announcement this morning but the above posted on 11 December is still my view.
Disc: I topped up a few more on Friday last week.
Last edited by Beagle; 16-12-2019 at 10:20 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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16-12-2019, 11:43 AM
#868
Share price looking good today, especially in light of overall sector weakness.
At the top of every bubble, everyone is convinced it's not yet a bubble.
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16-12-2019, 01:37 PM
#869
Originally Posted by winner69
Share price looking good today, especially in light of overall sector weakness.
Moving north of $6.00 now - word starting to get out?
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16-12-2019, 01:40 PM
#870
Originally Posted by Balance
Moving north of $6.00 now - word starting to get out?
You beat me to it, I was just thinking exactly the same thing.
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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