AFF Member Stock Discussion

[SydneySwan]

Accor Sydney Lady Gaga tickets cost $365 today.We had priority from our ACCOR membership.

One Lady Gaga has traded up to = 1.52 CSL shares.

 

[MARTINE]

One Lady Gaga has traded up to = 1.52 CSL shares.

Speaking of things Gaga-esque, I loved the press release from our (Vic) state govt about the declaration of the event to prevent scalping. It headlined tickets could not be sold more than 10% above (Poker) Face value.

 

[Quickstatus]

Anyone going to WDS show and tell. I wonder if it's going to be as fiery as last year

 

[cove]

WDS AGM is 8th May in Perth and we may go. This meeting last year attracted some real dopes so it could be really entertaining. I don’t rate Goyder as the Chairman.
The fact that Plibersek did not extend their operating agreement is a sticking point.
Some politicians have no idea about how Western Australia is holding the Australian economy together. They just want to spend the gains.

 

[Quickstatus]

They just want to spend the gains.

They already have
Edit: several years ago

 

[cove]

Yes the 2025 budget has immediately been ignored. Spending and promises have been out of control.
I read how my personal tax is being spent by visiting my MyGov account tonight. All that spending with nothing much to show for it. The future deficits don’t allow for a business downturn.

 

[tgh]

a lifestyle asset

C'mon cove.. don't be coy..you keep mentioning it and we are all ears…. what is it ?
Surely not a boat…that would be a liability.. must be real estate.. maybe a donga on a remote island somewhere ?

 

[MARTINE]

a lifestyle asset

C'mon cove.. don't be coy..you keep mentioning it and we are all ears…. what is it ?
Surely not a boat…that would be a liability.. must be real estate.. maybe a donga on a remote island somewhere ?

Private jet?!



Edited to add: A bigger private jet

 

[cove]

No @tgh we are not buying a plane.
Mrscove cannot handle ships out in open oceans so no boat either. She gets seasick so no World cabin.
What we are getting should occur on Monday and we would not want to jinx it.

 

[tgh]

we would not want to jinx it

Good luck ; as investors, we are (mostly) patient people… so you can tell us all the news when the deal is done...

 

[Quickstatus]

so you can tell us all the news

?market transparency?

 

[andye]

Private jet?!



Edited to add: A bigger private jet

Singapore Airlines

 

[RSD]

What probably most of us has been suspecting has now been confirmed by the Chinese - absolutely zero talks have taken place between China and America.

I wonder if the tariffs apply to second hand goods that were made in China and exported to Australia and used then listed on eBay Australia when no longer required - if no tariffs on second hand goods then Australians might be able to make a fortune from desperate Americans!

 

[cove]

We will take one for the team by going to the US in May. It should be fun.
Yesterday the market went up strongly then eased back as we head into a long weekend.
Had a read about Australia losing its “lucky country status” as we head into another general election.
We are happy that we don’t love guns here in Australia.

 

[MARTINE]

We will take one for the team by going to the US in May. It should be fun.
Yesterday the market went up strongly then eased back as we head into a long weekend.
Had a read about Australia losing its “lucky country status” as we head into another general election.
We are happy that we don’t love guns here in Australia.

Stay safe in your travels @cove

 

[OZDUCK]

What probably most of us has been suspecting has now been confirmed by the Chinese - absolutely zero talks have taken place between China and America.

I wonder if the tariffs apply to second hand goods that were made in China and exported to Australia and used then listed on eBay Australia when no longer required - if no tariffs on second hand goods then Australians might be able to make a fortune from desperate Americans!

Second hand goods imported attract the same tariff rate as new goods. Their origin for Customs purposes will still be China so all 'normal;' rates would apply. The only change would be that the value for duty assessmentwould be probably be less - obviously depending on the sale price.

 

[prozac]

Anyone going to WDS show and tell. I wonder if it's going to be as fiery as last year

Are travel expenses claimable? In a SMSF?

 

[Quickstatus]

Are travel expenses claimable?

If the sole purpose is to attend the show and tell. SMSF? Yes if you are the trustee - after all the trustee is responsible for the investment strategy of the SMSF

 

[prozac]

If the sole purpose is to attend the show and tell.

There's a fine line that might present issues. I'd imagine you'd need to fly there, one overnight then fly back. Any additional days, even if not claimed for meals and accommodation, could present difficulties to explain if asked.