AFF Member Stock Discussion

[Myrna]

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.

Congratulations, cove Well done! So Mrscove's cheques did not bounce today?

 

[prozac]

WDS.
Today Joe Aston noted the following changes to WDS director allowances:

The travel perks of company directors | Rampart

Australia's director class specialises in quietly ratcheting up their pay via exotic supplementary allowances.

www.rampart.news

 

[cove]

We didn’t use Bankwest so we were ok today. We used Westpac instead.
Still haven’t used sunglasses and we did get pretty wet going up George Street this afternoon.
We go home tomorrow to Perth on a Virgin 737 with no entertainment. It doesn’t make me want to rush to line up for the Virgin share float if it ever happens.
We missed buying Resmed last year and their numbers were pretty good.

 

[cove]

Yes we will try to get to the Woodside meeting.

 

[TheRealTMA]

WDS.
Today Joe Aston noted the following changes to WDS director allowances:
View attachment 441252

The travel perks of company directors | Rampart

Australia's director class specialises in quietly ratcheting up their pay via exotic supplementary allowances.

www.rampart.news

Pay peanuts, get Monkies, Pay excess, get Donkies or Orangutans.

 

[Quickstatus]

Pay escess, get donkies or gorillas.

Get CEOs

 

[TheRealTMA]

Get CEOs

same thing?

 

[Disco]

Yes we will try to get to the Woodside meeting.

Would be really interested to read your take on the meeting; your insights would be appreciated.

 

[cove]

The Woodside meeting is after the Federal election so that will make it very interesting.

 

[cove]

Ok anyone else coming to the Woodside AGM?

 

[Quickstatus]

No it clashes with meeting in CNS

 

[RSD]

If what this guys is predicting comes true then...

 

[prozac]

If what this guys is predicting comes true then...

I believe it. I mentioned a few months ago that I believed Trump wanted to revalue the us$ down. At these levels the US is not competitive.
I am still in cash.

 

[RSD]

I believe it. I mentioned a few months ago that I believed Trump wanted to revalue the us$ down. At these levels the US is not competitive.
I am still in cash.

Trump openly said a few months ago that he wanted the U.S. dollar down, but if U.S. treasury yields go to 5.5% then the U.S. is in a world of hurt with their debt problem.

 

[drron]

And Stephen Miren who is now Trump's secretary of Finance laid it all out in an article he wrote soon after Trump's election last November.
"The Roots of Economic Discontent Lie in the Dollar
The Triffin World
The deep unhappiness with the prevailing economic order is rooted in persistent overvaluation of the dollar and
asymmetric trade conditions. Such overvaluation makes U.S. exports less competitive, U.S. imports cheaper, and
handicaps American manufacturing. Manufacturing employment declines as factories close."

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

 

[Quickstatus]

overvaluation of the dollar and
asymmetric trade conditions

Similarly in EU where EU countries who are in an economic downturn cannot have better terms of trade because the Euro is not influenced directly by its economy.