Fark me, not too sure about these investor presso thingys.
Gotta see them thru the companys eyes, a vehicle to raise capital not neccessarily to update the market because we are a bunch of good guys kinda thing.
IMA have put out a few recently, frequency increasing, not a good sign in eyes of garage even though the story a good one long term.
Have been over weight IMA for some time, they say they are fully funded thru to CF+, hound asked the obvious question, what happens after that? Little bloke suggested maybe we should lighten exposure.
One of my scans threw up B2Y last night, used to trade this but have been looking at other things last few months, 52 week low with huge imbalance in register bias towards people who know a lot more than the garage about what is actually going on.
Could be a potential ambush predation model, flicked it to frank to ponder further, he could be taking a position, hard to tell as Sydney bit chilly this morning and being cold blooded takes the little bloke a while to warm up and get going, just sitting there doing the numbers atm.
Still substantially long CLV & CYP pending anns and comfortable if that's possible.
Will continue to hold PBP, RHP, DDR but a few others that I am holding starting to partial sell into strength, ISX being supported by hot air and not much else imo,
Like A40 as possible new entry and have not reduced exposure to few of my fav goldies.
Other than that not much happening in garage, the lads bit jealous of all the jersey talk as our model does not really fit the system and alas told them their fur and scales will probably not ever feel the caress of the scared cloth.
Hound quipped CC's new slim fit polyester versions seem quite appealing, could tell the little bloke would love to do a coles run in one.
He inquired that he noticed we are in contention with the 12 month, one bag 20k comp, (ISX) if we win that he asked can he wear the 'yellow' for the day.
I responded in the negative, we cannot diminish the value of the 'yellow', if you have not earned the right to bear etc ........
I did mention IF (and its a big if) we were lucky enough to jag the 12 mth comp we'll get the BH to knock up 2 yellow '4 holers' for frank and himself with 'sample only' tags to wear around the garage thru the upcoming winter, hope the forum does not mind.
Trading hound thrilled and going into the coming cold spell full of expectation, frank also surprisingly upbeat more about adding to productivity thru the colder months by cutting back on his annual hibernation, never thought of that as frank 1st lizard in the trading team.
(20min delay)
