SEQ sequoia financial group ltd

From the depth of UMO’s commentary, clearly he has read the...

  1. 4,545 Posts.
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    From the depth of UMO’s commentary, clearly he has read the ‘explanations’ - his specific request of you and others is to explain precisely WHY it isn’t an issue.

    I am no longer a holder of SEQ and I can tell you why:
    Unstable leadership - and as much as I like GC’s ‘can do’ attitude, it is a bit Trumpesque - the divisions in the rank are solid evidence of this. Plus, the way the
    he fought off the challenges - both admirable and worrying. A good street fighter is what you need in a fight, but maybe not so when coaxing mild mannered investment advisors. Overall, I took the view that I have less risk in other investment alternatives.

    With respect to Venture Egg, I see heightened risk here and Royal Commisions, ambulance chasing leal eagles and financial wonks have shown that legal actions on behalf on ‘innocent aggrieved’ is like water and it will permeate the smallest of chinks to gravity feed to lowest level. I know the viewpoint of the ambulance chasers to be ‘hit up everyone remotely associated and let them squirm out’
    at the very least Venture Egg could/will be an expensive distraction, potentially also, a damage to reputation as some mud does stick.
    Again, when one has options without this potentiality, you explore them.
    all that said, I silently cheer on Garry from the sidelines and hope he overcomes these issues and brings down another Morrison type mammoth.

    Last edited by PortfolioPlus: 12/03/25
 
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35.5¢
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37.0¢ 37.0¢ 35.0¢ $417.3K 1.160M

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36.5¢ 17459 2
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