The totally off-topic thread

[RooFlyer]

The possibilities are endless. Hopefully, no future government, of any stripe, wastes taxpayer money on such frivolous RCs.

On stock picks, I'm looking to round out my bank collection. Considering taking up my CBA allocation - has anyone seen a price for those yet? Otherwise, looking for safety and dividends. But was interested to read that Radiation Oncology Australia might go to an IPO, or some sort of on market public offering.

Originally Posted by drron Short BHP.

It's a diversified business, why so pessimist? Iron ore is not good. Olympic Dam must be near the bottom of their woes. They've dump nickel. How's the south america copper assists going.

You should have gotten a card in the mail early last week noting the CBA rights price; check broker .

Re BHP, its not as diversified as it used to be! Olympic Dam not a 'great' asset until they develop the open cut, which will be a massive financial burden/risk. I'm OK with holding BHP, yield is near 6%, but that was last year of course.

The rights are supposed to be trading on market. I was wondering if anyone had seen a price for the rights. My broker who has my cba, didn't have my rights allocation in my account the other day. Bloombery App has no price for CBAN.

If the price is right, I might sell off my allocation. But at the current margin of about $4, perhaps not.

The code is CBAR. Mine were in my account a few days ago. CBAR, currently $4.50, down 11% on Friday! The price to take up the rights is not looking like any bargain but I think I too will take them up. The new MD will be trying VERY hard to maintain the yield, even if the growth will stagnate a bit.

MPL a nice surprise!

 

[PLANT]

Yeah I got my CBAR..... thought what's this all about?

 

[medhead]

You should have gotten a card in the mail early last week noting the CBA rights price; check broker .

Re BHP, its not as diversified as it used to be! Olympic Dam not a 'great' asset until they develop the open cut, which will be a massive financial burden/risk. I'm OK with holding BHP, yield is near 6%, but that was last year of course.



The code is CBAR. Mine were in my account a few days ago. CBAR, currently $4.50, down 11% on Friday! The price to take up the rights is not looking like any bargain but I think I too will take them up. The new MD will be trying VERY hard to maintain the yield, even if the growth will stagnate a bit.

MPL a nice surprise!

Thanks. Helps if I get the code right. I got the card but it didn't seem to say much, other than we'll send you an information pack. Same as the email.
I'm only really interested in the yield, so growth is good but not a focus.

I didn't really follow the recent BHP split. Other than nickel got sold. Should look into that. I was probably thinking of some short term factors with the OD comment. I think they were announced.

 

[cove]

Don't peek at the stock market on Monday morning if you suspect it will cause a rise in your blood pressure. We may have to work an extra year.

 

[Hvr]

Don't peak at the stock market on Monday morning if you suspect it will cause a rise in your blood pressure. We may have to work an extra year.

Well now you've piqued my interest and I'll have to peek to see if the market had previously reached its peak.

 

[drron]

Re BHP-dont buck the trend.Commodities are down and as long as there are doubts about China Aussie resource stocks are going to get hammered.The Dow down 3.1% on Friday.ASX will be showing bright red figures tomorrow.
Shorting BHP in early November 2014 has been a very profitable trade.
I was too scared to short CBA when advised early April but that too has been profitable.

 

[serfty]

2:14 / 134 min ... that's a long BNE/MEL Schedule flight time. ..

 

[medhead]

Don't peak at the stock market on Monday morning if you suspect it will cause a rise in your blood pressure. We may have to work an extra year.

My blood pressure is over the top because of a little plan that I need to draft on Monday for presentation on Tuesday. Share prices might calm the situation.

 

[Bundy Bear]

No fun to watch your football team lose an away game, especially when they lead for the first three quarters, Fremantle will be Rooing their chances, a game they should have won.
At least Qantas have a bar.

 

[serfty]

No fun to watch your football team lose an away game, especially when they lead for the first three quarters, Fremantle will be Rooing their chances, a game they should have won.
At least Qantas have a bar.

you were quick to pm me after the Hawks came up short Friday - as i was try to sleep with a 5am start ...

... interesting weekend in the NRL ... go Storm tomorrow. ..

 

[medhead]

No fun to watch your football team lose an away game, especially when they lead for the first three quarters, Fremantle will be Rooing their chances, a game they should have won.
At least Qantas have a bar.

you were quick to pm me after the Hawks came up short Friday - as i was try to sleep with a 5am start ...

... interesting weekend in the NRL ... go Storm tomorrow. ..

Who are these Hawks of which you speak. You probably mean Bundy.

 

[serfty]

Who are these Hawks of which you speak. You probably mean Bundy.

Sure did ... apologies ...long day

 

[whatmeworry]

Australian post express parcel throw.

[video=youtube;mEANONcsLJQ]https://www.youtube.com/watch?t=29&v=mEANONcsLJQ[/video]

 

[blackcat20]

Australian post express parcel throw.

[video=youtube;mEANONcsLJQ]https://www.youtube.com/watch?t=29&v=mEANONcsLJQ[/video]

I had that happen once, where it was tossed over the back gate ( I was home at the time). Complained and it has never happened again.

 

[RAM]

How hard is it to empty your pockets before you go through the scanner the first time! :evil:

There needs to be two queues for security screening:
1. I haven't done this before and expect I may need some help.
2. If I take more than fifteen seconds to get bags/pockets emptied into trays and walk through without beeping I will sit up the back - in a middle seat.

Could not agree with you more, however I would go further and mandate a few modest changes. It would not take long before people lost the 3Ss attitude.

3Ss?

• Self-absorbed
• Self-centered
• Selfish

My gentle 'Pavlovian' solution:

• If they have not started preparing to take out their bits & pieces (eg: not unzipped bag, taken off jacket) by the time they are within one person of the plastics boxes/trays THEN
  • They are sent to the very back of the queue and their name & boarding pass is scanned with the airline being told they will be delayed at least X minutes, so perhaps off load their bags.
• If they have not taken out their electronic devices by their turn to progress through the tray scanner THEN
  • They are sent back 5 people with what they have already unpacked put aside until their turn comes again.
    
• If they are too busy talking on a mobile phone, texting or otherwise ignoring the screening staff THEN
  • They are sent back 10 people.

Unfortunately warning signs do not seem to penetrate the concentration on mobiles etc. Going through LGW last December, of the 6 or 7 in front of me only 1 person was ready when she got to the trays. Everyone else was fiddling with their mobiles.

Once one Lemming has missed their flight or been sent back - by the time they've posted it on facebook, tweeted, instagrammed their sad face etc with the six degrees of separation - it should take only days for the problem to disappear.

All achieved without spending a cent of tax payers money...

Of course - it will never happen but we can dream.

 

[mrs.dr.ron]

.........................

Unfortunately warning signs do not seem to penetrate the concentration on mobiles etc. Going through LGW last December, of the 6 or 7 in front of me only 1 person was ready when she got to the trays. Everyone else was fiddling with their mobiles.

Once one Lemming has missed their flight or been sent back - by the time they've posted it on facebook, tweeted, instagrammed their sad face etc with the six degrees of separation - it should take only days for the problem to disappear.

All achieved without spending a cent of tax payers money...

Of course - it will never happen but we can dream.

I like your "suggestions" but I would also add having their bags thoroughly searched, they themselves get a pat-down, all done VERY slowly by the agent or failing those options just taser them

 

[medhead]

I just go around people who start taking out their cough only at the point of getting to the conveyor, if there is a space in front of them. Never been challenged. If I was I will simply reply "I'm ready to go, you're still F'ing around".

 

[RAM]

Re BHP-dont buck the trend.Commodities are down and as long as there are doubts about China Aussie resource stocks are going to get hammered.The Dow down 3.1% on Friday.ASX will be showing bright red figures tomorrow.
Shorting BHP in early November 2014 has been a very profitable trade.
I was too scared to short CBA when advised early April but that too has been profitable.

I do not want to lead anyone astray - but what I always suggest is for people to have some perspective.

BHP is a 'high beta' on world growth. The AUD is a high beta on world growth. China is so large an economy now that it cannot continue (to manipulate growth statistics - never) expand in a similar fashion to the past. The Law of large numbers comes into play. Just like with Japan - there were only so many little streams that they could fully coat with concrete.

BTW - in 1991/92 the Jap Govt tried to 'stabilise' the share market by buying shares. It worked for a few weeks before the market kept falling. I tried to convince the fund management company I was with at the time that we should buy long dated Nikkei Puts (dirt cheap as very low interest rate and Govt could not be wrong so Jap institutions were selling them as an income source - bad, bad idea).

After 6 days and going to company's head office overseas - it was refused. Six weeks later I sent a follow-up note through. Out-performance would have been 18% for the current financial year, or 5.7% PA for the rolling 3 years. Just like the BT result just 4 years earlier but with less risk and much shorter time frame. BT strategy began in March 1986 and paid off well in Oct 87.

Back to BHP:


BHP has already fallen over 67% from its peak. It has been one way traffic for some time now.

Now that's what I call perspective.

Long story short - it may well go lower in the short term but there are many more lower 'quality' resource companies around.

The China story for easy money ended nearly 5 years ago - plan accordingly.

It does not pay (often) to catch a falling knife.

 

[blackcat20]

I just go around people who start taking out their cough only at the point of getting to the conveyor, if there is a space in front of them. Never been challenged. If I was I will simply reply "I'm ready to go, you're still F'ing around".

I've overtaken people before, especially a family with kids who are sorting out prams etc, when I have a handbag only. As per above, never had anyone complain.

 

[drron]

As I know I am going to get wanded I usually suggest to those behind me when in the priority lane to go through before me.Just courtesy.