Balance - check this out, maybe NOG should buy it, just $3m
http://www.businesssale.co.nz/13885/...farm-for-sale/
Printable View
Balance - check this out, maybe NOG should buy it, just $3m
http://www.businesssale.co.nz/13885/...farm-for-sale/
Good one Mr Tommy ,but as Balance will point out the article is incorrect. The piece has this mushroom factore as one of the biggest in the country. Surely NZO has made it shareholders into bigger mushrooms than you will find growing at any factory.Just ask Balance for further info.
I don't think many necessarily disagree with Balance's opinion, and indeed brings some 'balance' to the discussions. Yes, things are always 20/20 in hindsight, and I for one am incredibly sorry for what happened at Pike and it shouldn't be forgotten, I've learned lessons and of course lives were lost with many people in repsonsibility failing. I too am critical of NZO in a number of facets, and there isn't too many rose-tinted glasses among shareholders these days, at least on this discussion. However at some stage we've got to drop all the 'mushroom' BS and move on........
Agreed, SB.
But let NZOG directors and management make the first move to be open, transparent, truthful and be accountable to shareholders.
And starting point is for them to accept responsibility for the investment and management disaster that is Pike and contribute a year's of their directors' fees to the miners' fund.
Fair enough?
No, I'm sorry balance, you are still boring.
Your unending negativity and self-righteousness are boring many of us, not just me.
Really, if you don't own any shares, why do you bother to post your criticisms of the company? Do you really think you are saving us mushrooms from further folly?
Oh, I know, like a prostitute, you think you are doing a vital social service.
Yeah right!
Geez man, take a deep breath and go and find something more useful to do with your time.
If NZO gave you a hard time in the past, then go and see a therapist - don't take it out on us.
We are sick of you, you are boring.
This forum should be for open discussion about NZO. I am sorry to others to have made this personal, but this man is an irritant - he's been banned before, and most of us here are just sick of him.
Well said Lion and thank you for your post. I have had him on my ignore list for ages. Don't have to read any of his posts unless he is quoted.
The views of anyone is ok with me...so long as its not sounding like a bloody broken record.
No, no, I have no problem with anyone expressing any sort of opinion - I don't mind if they are different from mine at all, that's great.
I can see that NZO are not the perfect company, they have made mistakes, like any person or company must.
It's just the personal attacks (like the never-ending mushroom comment) and the inability to see anyone else's point of view that gets a bit tiresome.
I have balance on ignore and I just never bother to look at a thread when I see he has made a post.
Sorry again to be personal - he has dragged the standard of posting down and I'm afraid I have stooped to his level.
OK, I'm leaving this unpleasant discussion now, I feel sullied by stooping to B's level of personal attack.
L
I passed on the comments of my broker in the interests of an informed market - try and decipher the reply from NZO? And the reaction from Noggers?
It would have been most useful if NZO had responded by countering the concerns expressed by the fund managers - explain how NZO brings more than money to the overseas ventures.
Explain the soul-searching that has gone on in NZO after the miserable failures of recent years and destruction of wealth, and what has changed.
Explain why Andrew Knight was appointed and what kind of difference he will make when the market perception is that the old guard is still the puppet-master behind the scenes.
Answer those hard questions and NZO may yet attract some really serious institutional buying.
Instead, NZO persists in rolling out the same presentation year in, year out - rah rah bore bore.
Do Noggers tell NZO that they are sounding like a bloody broken record? Of course not. Why?
If Noggers had their way, anyone who is not into ramping up NZO's shares must be shouted down and banned.
That was what some of them were doing on the PRC thread until the mine blew up and killed 29 miners - only then did they back off.
Oh well, we know who has been right and who has been wrong.
Forecast EPS of 8.5 cents, NTA of 87 cents, dividend of 4 cents plus imputation.
Just curious, under these current fundamentals, what price would you pay for a share in NZO Balance?