BLV 0.00% 1.6¢ blossomvale holdings ltd

neppy looking good, page-23

  1. 76 Posts.
    "RJM, you want perfection in speeach and oratory from the GM of the company you have invested in and you are predicting a share price for November 2008 of 72c when the actual price has closed at 27c and was barely above 30c for the whole month.

    Incompetence is not a strong place to criticise from.

    I guess the best homily is
    "better to say nothing and be thought stupid than open your mouth and prove it!)"

    This ***prediction*** was made earlier in the year, I can't remember when but guess it was somewhere between Feb and May. Seemed reasonable at the time based on the calculations and information I used. The calculations are on a thread on this site somewhere. Not many people predicted the severity of the current world economy chaos. Long established banks failing, major motor manufacturers facing cashflow crises, governments bailing out banks/entire industries.

    You made me smile with your "better say nothing..." quote. You are on a public forum, the purpose of which is to discuss shares.

    I am not sure where I would estimate the NMS share price to be in Nov 09 but I think I will stick with my current estimate. Why? I can't tell you because it is better to say nothing...
 
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