AFF Member Stock Discussion

[lovestotravel]

Yep, but my point is the “software” (the AI) isn’t free. The banks will be paying a lot for AIaaS (or some other iteration/combination of XaaS). Ongoing fee for a clod based service or the likes. Big $$$ involved integrating and securely operating it alongside the banking systems.

It's already partly integrated where I work while it has cost $$ we have reduced other software costs to cover it...

 

[Mr_Orange]

The other issue is making sure it actually understands the questions and can provide the correct answers. The chat bots used by various companies to date are mostly useless. I typically write my question and then when it replies, I reply with, "speak to human" as many times as is required to make the chat bot go away and a real human join the chat.

 

[burmans]

For “less” (perhaps). The implementation, and ongoing costs aren’t cheap but they might actually be more reliable and than a human also.

Totally agree, quite a few years ago I managed a few programs implementing comprehensive credit reporting. Now I’ve seen more than a few people on here criticising some credit decisions but I must say that I got to see the business cases and hence the evidence that automated systems can be far better at predicting bad risks than humans. And that was 10+ years ago.

No doubt AI can get things wrong too but that’s not really the right question. If you only have two options (human/AI) then AI will win a lot of the time. Personally would prefer AI with some human review but of course that costs, sometimes more than the cost of getting it wrong occasionally. And that’s a business decision (unless you have laws which mandate a human review).

 

[drron]

Today was payday. I have been a long term follower of DEG. I used to buy in <5 cents and sell out between 25 and 75 cents. They were the classic stop and go stock. but about 4.5 years go they started running and I had to pay 7.5 cents to get back in. This time I stayed in. Have sold some when there was an SPP that was under the market price.
Today announced a takeover by Northern Star at an implied price for DEG shares of $2.08. A nice 2750% profit. Not as good as US tech stocks but at a comfortable buy in price.

 

[cove]

Nice position @drron as DEG heads into Northern Star.

 

[cove]

Thinking about DEG and Northern Star we may keep the Northern Star shares being offered in the takeover.
Black Rock now have over 5% of IPH.
Have a broker meeting today after the trading day closes.For us he is new but he took over from a retiring broker at that firm. Should be interesting as he has been there for 18 years and told me he has a black book on directors he does not trust.
Our email system is broken and Telstra Platinum keep telling Mrscove that the break is their end and a supervisor is needed to fix it. Started on Friday morning and it is very annoying. Might end up selling our Telstra shares if it continues.
It looks like the Sigma/ Chemist Warehouse merger will be approved.

 

[MARTINE]

Thinking about DEG and Northern Star we may keep the Northern Star shares being offered in the takeover.
Black Rock now have over 5% of IPH.
Have a broker meeting today after the trading day closes.For us he is new but he took over from a retiring broker at that firm. Should be interesting as he has been there for 18 years and told me he has a black book on directors he does not trust.
Our email system is broken and Telstra Platinum keep telling Mrscove that the break is their end and a supervisor is needed to fix it. Started on Friday morning and it is very annoying. Might end up selling our Telstra shares if it continues.
It looks like the Sigma/ Chemist Warehouse merger will be approved.

@cove
I just finished updating/changing/unsubscribing from my Telstra email accounts as bigpond etc going to go the way of 3G . Its a day of my life I wont get back but now irs done

 

[cove]

Our email is still broken so I left Spartan placement go thru to the keeper.

 

[cove]

QPM has done a pretty good deal so they are going for a run. One broker thinks they are worth a lot more but they already hold them so I tend to ignore that input on what something might be worth. It is a gas stock now.
Telstra have rigged a work around for our emails after running on empty for 5 days. We don’t get those emails when our system died.

 

[cove]

Today we managed to get out of Good Drinks Australia who are planning to delist at the end of the month. Have no future plans to invest with any of those directors.
Today ACCC changed Downer and Ventia with price fixing so our Ventia got hit and dropped 22%.
Had a call from Kate Thorley who is CEO of WAM yesterday. They had a big November.

 

[prozac]

Today we managed to get out of Good Drinks Australia who are planning to delist at the end of the month. Have no future plans to invest with any of those directors.
Today ACCC changed Downer and Ventia with price fixing so our Ventia got hit and dropped 22%.
Had a call from Kate Thorley who is CEO of WAM yesterday. They had a big November.

I sold out of VNT too early at $3.84. Have been waiting for a buy opportunity and wondering if I'd be catching a dropped knife. How far will it drop and can it recover?