UNI 1.60% $5.08 universal store holdings limited

existing share holders may miss-out on cr, page-72

  1. 1,882 Posts.

    Wall I have no desire to paint you or anyone as uninformed or illogocal. I could write a book on my own behaviour to cover that subject!!!!!!!!!!!

    Best example was TMR which I inherited from a share called IBR.... Loved the story read all the announcements plotted the future cash flow and worked out what i thought the share could do based on those calculations. Had over $250K position and in the end the facts I thought were real ended up being lies and the reports from the company fiction..... end result position $ zero !!!!!

    From that I do a lot more hard research in a company I decide has a great story and invest large amounts of cash into. We took every opportunity available to meet the management of UNI at AGM's and any other time we could get a update on the company operations. Even managed to get a look at the IBS production line when I was on holiday and it was still wrapped in plastic on a pallett(I love that 1ml video). So first buy was 40k shares August 05 and then bought a lot when it hit 14c and a whole lot more when the Sanofi deal came out. End result was a life changing number of shares and confidence that the story will unfold with a very happy ending.

    You can see Ive been posting a few charts which is evidence of my desire to learn about technical trading, Ive been following Robbbbbbbb who posts on HC and offers fantastic charts and videos so you can learn. But basically Im a fundamental investor interested in cash flow and hard assets.

    Ive learnt the hard way if you change your opinion you need to exercise your only real right as a sharholder...buy or sell
    If you doubt they can do what they say and have done your research sell down or get out. If you believe they can meet the projections then add some more.

    Ive seen UNI go from failed producer in St Marys to hopefull again after IBS sold their company to us for shares to backed to the hilt in cash from the #4th biggest Pharma in the world and a huge future. All I can say is Alan is a very determined bloke who I believe is going to achieve his goal of being a world leader in safety products delivery.

    Ill certainly sell some as we go along as I feel they are approaching the golas set or the market pushes the price beyond what is in my opinion a realistic value for the stock. Buying or selling is as i said the small stock holders only real power in any listed investment!!!

    Good luck all.

 
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