Considering you keep banging on about not investing in Africa...

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matyd

4,137 Posts.

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21/06/18

06:06

Post #: 33843000
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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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Considering you keep banging on about not investing in Africa and poor jurisdiction in your condescending tone, im curious why you hold stocks in companies that have operations in DRC, Mongolia, Uganda and Mozambique to name a few. Not choosing to slag off anyones investment choices, just stating your argument of poor jurisdiction makes zero sense.

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