Ahh, I hear ya....who hasn't been burnt? Nasty and bipolar...

First 60 Last

Share
Profile

Follow
AmbiGuity

1,825 Posts.

130

05/09/16

18:44

Post #: 18943506
Share

Originally posted by mickeebee ↑

cheers ambi - purely got on as a former holder and offering my advice based on past experience (learnt the hard way) so mum n dada retailers like me dont have to experience my same costly burn. Billabong was just as unkind to me as this has been to the longers.

seen too many a stock fall from grace and want to simply caution others against a pie n the sky style false hope....momentum is your friend, and here, its plummeting south.

hope im wrong, but too many twisted tails for my liking. new sub-holders that are taking legal action, former owners cut n run and throw reverse takeover smoke screens to avoid litigation, too many "insider" shenanigans for my liking....seen it all before, smoke n mirrors.....seriously, how did the auditors not qualify the report?

agree - people who take thrill in loss of others should be ........H quartered....drawn, i simply dont want any1 getting fried like i have in the past.

opportunity cost needs to play a role - this is a binary call now, with bias to the south......funding to prop up bal sheet will become vital - all that sell speech about the asset sale as non-core - BS - they need to sell something fast to keep the creditors at bay!
your fat cats must get paid, remaining balance sheet mostly goodwill/intangibles..

GLTAH - seriously hope i am wrong, but it always works for the insto's who rinse n walk away (p&d style), at the cost of the "hopeful" retailers.

might re-enter, only on sustained fact and proof of turnaround, best to catch a wave on the ride up and sacrifice 15-30% (2-5c right now) rather than come in now when next year was forecast still at a LOSS...scary....

Expand

Ahh, I hear ya....who hasn't been burnt? Nasty and bipolar market, couple that with managers (and the PR machines behind them) who think they know it all, and attempt to take it all, at any cost...
Agree with what you posit, and I think Sonand is attempting to do just that. Nevertheless, an interesting turn of events with the latest announcement...??

Take a walk along the BPT and contemplate the SRF, the tide may be turning for both.

SRF Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 15 more messages in this thread...

First 60 Last

Add SRF (ASX) to my watchlist

Ahh, I hear ya....who hasn't been burnt? Nasty and bipolar...

Top Stories

Tambourah chases gold veins and mineralisation extension with drilling

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News