You boast about how experienced you are and caution investors re...

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jakers

686 Posts.

1019

20/06/18

20:36

Post #: 33838866
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Originally posted by stevenjd ↑

No slagging - the wrong numbers were used that underpriced SYA stage 1 - 140/227 = 62%

That's why I say just wait for the official numbers .

On the SYA thread you are naturally going to find affirmations of Canada and it's great infrastructure.

Everything in a poor durasdiction is going to cop a flogging on that metric .

My original pov remains valid - that African countries such as South Africa NKP can Just be difficult for one reason or another . AVZ in the DRC for another .
And land locked countries like BGS have other issues .

I've been investing in markets since 2006 and there are more stocks that fall over than stand up. And there are even more shareholders who have rose colored glasses on that don't see the fatal flaw until it's too late .

Discussing the flaws is more important than discussing the bullish case .

Because based on the number of ASX failures to the successful developers the odds have it that most stocks are rubbish

And that the majority of asx punters backing that majority of asx failures didn't see it coming .

Greed blinds

a moderate conservative development will win hands down to a shooting star in a fatal flaw development.

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You boast about how experienced you are and caution investors re blind spots.

But the reality is, BGS has held up much better than many Li ASX stocks since January, whilst SYA has been one of the worst, perhaps second only to AVZ. There is a reason for this. Surely you must admit that you yourself have been wearing those rosy spectacles to some degree? Did greed blind you from selling at the highs?

Because a drop from 12c to 3.9c paints a pretty bleak picture to me.

All imo.

BGS Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
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