KCN 6.52% $1.47 kingsgate consolidated limited.

13 years is way too long, perhaps consider moving on....

  1. 204 Posts.
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    13 years is way too long, perhaps consider moving on.

    @Bayhunter: don’t believe everything JG tells you- it may be correct, but its management 101 to talk to significant shareholders and make them feel special- you are usually just being used as a conduit.
    I was told the “quarterly was coming out a bit early this time” for instance.

    Interesting article in AFR today about the five different types of investor- theoretical, but may be of relevance. I am obviously a value investor, which means several years of looking stupid.

    My point is: continue to question, remain flexible, and don’t be afraid to call out bs.

    If this goes below 1.40 it is a buy- but very risky.

    Enjoy rest of weekend…..


 
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