I thought the OBJ threads had gained a bit of balance when people were criticising management for wanting free shares with a 10c performance target. Oh, that reminds me:
10. Management thinks 10c is a reasonable performance target.
But when people start programming Steven Hawking voice generators and it get 27 TU's for that... just wow. That's just one of the reasons why OBJ is often seen unfavourably. And thanks for proving my point.
Regarding your claim that I'm here "in order to trade again," I only commented because Jase's post got to the front page of HC, so I came for a look and saw his ludicrous claim that OBJ has only one negative.
Fudgy seemed surprised that anyone could think OBJ had negatives. So I pointed out that many smart people avoid OBJ, hoping that that would encourage him to think critically.
In the OBJ house of mirrors, potential positives are positives, but potential negatives are just hearsay, opinion, normal business, hypothetical, unimportant, mute, immaterial, conjecture, and unfounded. My points stop people investing, so they are negatives. If there were no negatives, as Jase claimed, then people would be buying like crazy.
You seemed to be inviting a rational conversation, then you react like this? Anyway...
1. You don't think that GSK getting brushing times wrong after years of working with OBJ is a bad sign regarding management's communication and judgement with GSK? Even the the most biased posters were complaining about that when it happened. Suddenly amnesia now.
2. You believe a high P/E means a company is not being valued for potential? That would be the reverse of what every stock book and website says.
3. You don't believe that extremely long lead times is a negative? That's odd. Maybe companies should delay their deals as long as possible to attract OBJ shareholders. And you don't remember management saying deals could land any day? Funny how everyone gets excited with AGM reports about deals coming any day, but then when someone points out that they haven't happened, suddenly amnesia sets in... again.
4. You don't think over-dependence on one staff member is risky? That doesn't make any sense. Share prices often collapse when a key staff member leaves. In this case, it would an extremely important staff member.
6. Do you think other companies that have marketing departments or partners to help promote their products are fools? Many people here agreed around AGM time that the company could promote itself better. Now amnesia again.
I understand people are getting a bit euphoric with revenue on the horizon this year after such a long wait. And good luck with it. But it looks like that euphoric mood stops objectivity. So I won't comment on this topic any further.
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