NWH 1.30% $3.90 nrw holdings limited

Ann: Notice of Annual General Meeting/Proxy Form, page-27

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  1. 5,305 Posts.
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    LOL Parma ... no guru but strong on ‘enlightened self interest’ ...
    Yes many here do have a strong belief about NRW which makes me feel happy although ‘crowd consciousness’ can be hypnotic and falling prey to it is considered an investment no no.

    I asked about potential merger/acquisitions too at the end .
    There are obviously plenty of foundered and foundering companies to choose from but the answer was a clear “Golding has given us a strong platform for further growth” ( as has been clearly demonstrated)..ie why look further. At the same time NRW is watching and prepared to be opportunistic if the right situation comes along ( always with that eye to risk assessment ).

    Regards staff - training programs also being used.

    One thing that surprised me was this year there was a strong institutional swing against the remuneration report.
    The report was passed but Michael spoke to the negative vote, reminding that the company was 8c a share with something like $120? million of debt not so long ago through no fault of it’s own.
    The quality of intelligence, teamwork and management that has seen us grow from those ( recent) times to 60x shareholder value and a very secure position is outstanding and unique and I picked up there was some disappointment the strong support of the remuneration report last year was not seen again in this vote.


    ...the Rio ECI seems to have been to do with Yandi sustaining works .....at least that was the way I read it ....past tense?

    Diversification remains a strong focus ... the real estate subdivisions proving successful ....
    And more

    Cheers
    Last edited by sabine: 21/11/18
 
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