What is it we don't know?, page-21

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crazypunter

5,760 Posts.

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17/02/18

19:45

Post #: 31131877
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Originally posted by Pioupiou ↑

I still hold many TGA shares, about 600,000. I watch them go up and with great interest. After being beaten with heavy cudgels, I am now impervious to pain. I paid about $1.44 for them on average so I am well behind. I invested in TGA because I thought that even a fool could run it. I just did not realise how incompetent some executives in ASX companies are. The problem is that some who are smart are also crooks and liars, so that leaves an investor with the problem of finding the smart executives with good ethics, which is similar to the the problem that God had when He sought in vain a reason not to zap Sodom and Gamorrah with fire and brimstone.

A long time ago you wrote that Casey Simpson signed an 18-month contract, but you did not give your source. As per https://www.moneyaction.com.au/news/9news-radio-rentals-faces-50mil-class-action/ that seems to be what happened. Normally, an 18-month contract would not be treated treated as a Rent-Try-$1-Buy deal, but there is no reason to exclude the local manager making an exception, because the goods were second-hand, and probably had 18 months, or less, depreciation to run. I have no idea how the case is progressing.

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you could try Maurice Blackburn as they are the sauce of the source.

God never zapped Sodom and Gamorrah, because quite simply, in the bible, it's what's defined as a necessary evil in the overall scheme of choosing between good and evil-an ultimate test to enter God's Kingdom.

ps- i just hope that your $390K loss makes you a more astute investor in the future, as you have dragged a lot of gullible types into oblivion!

cheers and get well soon-crazypunter

TGA Price at posting: 79.0¢ Sentiment: Sell Disclosure: Not Held
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