Re: So, forum financial gurus...

by skully Fri 21 Jun 2013, 09:59

Has the cost of meat puree risen dramatically?? Shocked

by skully Thu 04 Jul 2013, 02:43

I reiterate...

skully wrote:Aus stock market. Qunt of a thing.

by JGK Thu 04 Jul 2013, 03:25

Volatility is crazy at the moment.

by horace Thu 04 Jul 2013, 03:58

JGK wrote:Volatility is crazy at the moment.

of course...the chart looks vaguely like a map of the top end of Oz...no wonder it is mad as a hatter

by skully Fri 12 Jul 2013, 03:45

Looks more like a relief map of the Tour de France.

by skully Fri 12 Jul 2013, 10:35

ASX 200 stormed above 5,000 before lunch, before wimping out and staggering back to a measly 8 point gain.

FMD Krudd, call the farkin election so the economy can get on with its business.

by skully Fri 08 Nov 2013, 07:38

Bump, for easy reference (seeing it's updated live)...

So, forum financial gurus... - Page 16 ImageChart

by skully Mon 09 Dec 2013, 01:59

^^^^^^^^^^^^
QUNT OF A THING!!!!

So are all the ferkin Super Funds selling off to show a nice end of year profit or sumpent, or is all the OS money flowing out of the ASX cos of the dropping $A?

by JGK Mon 09 Dec 2013, 02:54

The Tories are in power.

by embee Mon 09 Dec 2013, 03:06

would explain why it's higher than when the pinkos were stinking up the joint

by skully Mon 09 Dec 2013, 03:15

JGK wrote:The Tories are in power.

So in other words, you have no clue?

by JGK Mon 09 Dec 2013, 03:39

skully wrote:
JGK wrote:The Tories are in power.
So in other words, you have no clue?

If I had a clue on this stuff I wouldn't be working.

by skully Mon 09 Dec 2013, 03:44

A very fair call. aces

Allegedly* it's all cos QBE and Qantas have shit 'emselves. Rolling Eyes

1% tank in a day after the DJIA goes up 200 points. Useless ASX quntish traders.

by JGK Mon 09 Dec 2013, 05:51

QBE is probably a good buy now.

by embee Mon 09 Dec 2013, 05:52

JGK wrote:QBE is probably a good buy now.

SELL! SELL! SELL!

by horace Mon 09 Dec 2013, 06:34

embee wrote:
JGK wrote:QBE is probably a good buy now.

SELL! SELL! SELL!

all we need now is for Henry to stump up some cash and buy QBE

by Bradman Tue 10 Dec 2013, 01:37

I was recently mixing it up with a bunch of high end fund managers. And they all seem to think you should get out of stocks and into bonds for a while.

Something to do with a major speed bump early next year. Though as JGK has pointed out. if they were that good with the crystal ball they wouldn't be working.

by skully Tue 10 Dec 2013, 02:11

Mick Sawyer must be busking for a living these days. Shocked

by Bradman Tue 10 Dec 2013, 02:45

skully wrote:Mick Sawyer must be busking for a living these days.

Maybe he is that good with the crystal ball.

by horace Tue 10 Dec 2013, 02:45

Deveraux is currently pleading GMH's case at the Productivity Commission...but irrespective of the net benefit brought to the economy from car manufacturing, it seems the Feds are intent on withdrawing current subsidy levels........meanwhile Barnaby is all for improving tax breaks for collins st farmers as a way to boost investment in agriculture...

GMs departure will take a chunk of gdp and put many tens of thou on the unemployment scrap heap

by Bradman Tue 10 Dec 2013, 02:55

I've often wondered why no-one's got together with unions, or the unions themselves, to look at the feasability of a buyout.

by JGK Tue 10 Dec 2013, 03:02

Probably because it is a shit business.

by Bradman Tue 10 Dec 2013, 03:13

Yeah. But why? MGT blame unions and vice versa. Could something be salvaged if they had a stake?

It was a pie in the sky query is all. And from what I've heard over the past month, not the loopiest idea floating around financial dreamworld.

by JGK Tue 10 Dec 2013, 03:18

Just like airlines you are competing with companies with significant government support. Unless your own government is willing to match it is basically impossible to compete.

Let alone things like the high AUD (because of the mining boom) making imports cheaper still.

We are all better off thanking foreign governments for their largesse and buying foreign cars and spending the money on other things where we might have some sort of advantage.

by skully Tue 10 Dec 2013, 03:35

JGK wrote:Probably because it is a shit business.

Absolutely. Costs just about as much to make a car as they can sell them for. Why?

Average Australian motor vehicle production line pay = $130,000. The lowest paid in Aus motor vehicle factory = $80,000. All bogans. The Unions have held car manufacturers to ransom forever. While ever Govt subsidies roll in, it's easier to give 'em what they want rather than risk production line shut downs.

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