AFF Member Stock Discussion

[Disco]

I have no time for directors who have tickets on themselves and have the market fooled.

Yes, it seems not only markets but other organisations are caught on whatever is being portrayed. And decision making which in the longer term is shown to be imprudent.

 

[prozac]

Yes, it seems not only markets but other organisations are caught on whatever is being portrayed. And decision making which in the longer term is shown to be imprudent.

I once instigated getting the top 8 or so investors together in an asx company to roll the board. Just mentioning it so people know these things are possible. Another time I called for the sacking of a director who sat on the board of a company in which I was also a director. I reluctantly agreed to allow him to resign. He did not deserve that degree of leniency.

 

[cove]

Now CBA is on a PE of 27 which is quite ridiculous but that doesn’t mean it will fall $50 tomorrow.
I looked at PEXA and UNI but was not convinced that I should buy either.
We have chunks of bank hybrids as our back up cash as we can get the funds back in a couple of days.