Agreed, re: amateur. While some questions are obviously valid especially given how long we've been suspended now, he keeps sprouting absolute tosh at the same time, eg:
paying out dividends that don’t appear to be underpinned by cash generated via acquired businesses -- the company has openly stated that the last dividend was from trading income as are the next planned dividends. Last year's accounts substantiated a certain amount of that income and the next will further solidify that. He's had this pointed out to him many times and accepts the correction but then continues to use the line in future posts, as if the dividend is magic money or some drawdown from the NTA. Ridiculous.
the 'club' vibe -- the vibe of the thing??? is he serious?
He could stick to the questions that many people have about valuing unlisted assets, but that's no fun because the info just isn't there and he can only go so far with it.
I could respond to him with answers to his 'questions' but he's not worth the time. All that matters is that anyone invested has asked the questions of themselves. For me, any doubts I've had at times have led me to take profits along the way while still maintaining a core investment. If I had no doubts I'd have gone all-in, but I've taken a more middle road. Others will go all-in, others will decide it's not for them. Meh!
- Forums
- ASX - By Stock
- HML
- The 1foot Investor plus 9foot disruptor.
The 1foot Investor plus 9foot disruptor., page-40
-
- There are more pages in this discussion • 232 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online