Ksl is a funny duck but I like it. Risk omg try the time they...

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05/10/23

19:21

Post #: 70196458
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Originally posted by lilac: ↑

Yet again ol' chap, you display not only your anger, but unrequited bitterness.The rights issue was years ago. I know, we participated in it too.

It cannot be good for your state of mind to keep banging on about it week after week, year after year...I mean it isn't something you or anyone else can change, it happened. And it happens...in other stocks, yes here in the ASX!

"Retail buyers need to have a buyers strike...", you said. Really? That's ludicrous. I mean think about it for a moment, the SP might be down nearer .50 if those who are buying at this level pulled out at your behest. Others attracted to the stock as a result would resume buying and you say it's only Perpetual selling?

But how do you know that any more, as they are below the threshold for reporting nowadays?

You haven't responded directly to any of the fair and reasonable counter arguments in my post above, and this only reinforces the point about the benefit to you (potentially) in more ways than one, of getting into some other stocks as well as, or instead of this one altogether.

We know you only hold KSL, and it's been mentioned before on these threads, in the same old context...over and over and over. Now if you were inclined to post about varied aspects of your investment as well from time to time (positive or negative it doesn't matter), it wouldn't be so obvious how the Perpetual sell down after the Rights Issue has affected you.

I'm serious man, this is about your health, and after decades of investing in shares directly I know a little about the wisdom (advisability) of cutting a position, and moving on.

I do wish you luck, and I am sincere. Have been all and every time over the years we've both been "caught" in KSL. Somehow it's not got to me so badly, nor to others here, yet.

** lost com, if you take any of this as advice, take it from the health perspective hey.

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Ksl is a funny duck but I like it. Risk omg try the time they lost overseas FX partners because everybody was worried about money laundering (nice little money earner for them) or the Westpac thing (I loaded up on the stock and saw a clear trajectory to profit growth) Now we have 45 % tax who would have thought (they actually pay a blended rate of 40 %) but still I am here. Management seem to know what they are doing and when you think about their dividend it’s a good earner. Personally I want a fall so I can top up. Risk is always there for any stock. Small cap & perpetual dumping - what ever, just another wrinkle.

KSL Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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