Me too..
And I love him.
Doing what he said he would do.In fact achieving more than he said he would.
And also achieving a great deal more than most NZ listed companies.
Printable View
DGC share price a year ago...$1.10...Yesterday $4.15....Up 377% .
MFB,share price a year ago....$1.52..Yesterday ..90 cents.Down 40.8%/
So $1,000 invested in DGC is now valued at $3,770 .
So $1,000 invested in MFB is now valued at $592.
Difference........................................ ......$3,178.................Huge.
Think he had something to crow about.
He certainly proves backing someone with "the owner's eye" really works.
Send this article to him - he needs to know what is cleavage and what is not to start his rehabilitation process.
https://www.nzherald.co.nz/lifestyle...OHWDQYVIFZOFM/
I will leave the Eurasian fluff to others to comment on as he seems to have a fixation with Asians & Eurasians?
Quite a few issues from a deprived childhood to sort out?
KiwiSaver fund won't invest in company after CEO's 'derogatory comments' about Nadia Lim
https://www.stuff.co.nz/business/ind...bout-nadia-lim
As percy says Henry probably laughing at all the stink he's caused
Even subject matter for cartoons ...from @attackcartoonnz
iTS HAPPENING. Kiwi Wealth are giving DGC a big miss and many others will follow. Henry wont give a damn . Arrogance has no bounds. But he was 150% right with his comments about the MFB float.
His Board should tell him to take a cold shower and do what they all do in the House...Withdraw and Apologize to the young lady. It wasn't her fault the public got sucked in.
I bought what I wanted sometime ago.Very pleased to be in a company driven by its major shareholder,which has a great growth strategy,in a sector that has a deep moat.Pleasing seeing owners selling their businesses to DGL happy to accept a combination of cash and script in payment.Exciting times ahead.No intention of ever selling my shares.
Now up 12 cents in Aussie today.Clever investors those Aussies.
Hang on,now up 13 cents on 191,022 traded in Aussie,and only 17,576 in NZ..
Be quick just 1,400 for sale at $4.19 in NZ.
DGL is up 3% today and MFB is down 1.11%
Looks like the market doesn't care about the comments.
I haven't followed MFB, but can see their share price is down like 50% from launch in 1 year.. how did they manage that?
Another KiwiSaver fund manager says it won’t touch shares in chemical company DGL
https://www.stuff.co.nz/business/ind...a-lim-comments
looks like neither owned shares so wont have much impact
Simplicity did not hold the stock but if it did, it would have sold it straight away and sought answers from DGL’s board, he said.
Yep, looks like all the kiwisaver funds want some free advertising. If they are that upset, perhaps they can consider buying shares in MFB.
I actually have lots of issues with Simplicity Kiwisaver.
I didn't signup for a property developer or home loan company
When I signed up all I want is like a vanguard passive index.
They care more about being woke,
Simon Henry shouldn't have phrased it like he did, but ultimately what he said was true. MFB has been allot of Fluff based around Nadias good looks and personality. Where as DGL is more boring and based on the numbers.
However I don''t think there was anything sensual or any clevage involved, just an exaggeration. I don think saying Eurasian means he is racist.
I think he spends most of his time there already..has for long time actually. Soon after the Christchurch earthquakes he more into Sydney/Melbourne commercial property…
Agree with you there. The point he was making has been completely lost on the "lets be woke" brigade. What he said, could have probably been said a bit better, but it wasn't that bad. I am usually classed as "European NZ" or "pakeha", I don't get upset and cry racist over it.
At the end of the day (thanks John Key), NZ backs losers not winners. Typical. Australia will take him and his business in in a flash......
The point Percy, you and Theone is missing is that Nadia Lim takes extreme offense at Simon Whimp comments - and that is what really matters.
Of course Australia will take him in a flash and they are welcome to him - like they welcomed Ron Brierley, Bruce Judge and Mark Bryers.
I would love to make millions from an IPO and for someone to say was because of my good looks.
Shareholders Ass not that happy either -insulting to most retail investors - said most because he knew percy and others appear to condone such behaviour
New Zealand Shareholders’ Association (NZSA) chief executive Oliver Mander said Henry's comments were insulting to most retail and institutional investors, as well as to Lim.
The comments flew in the face of NZSA’s policy on board composition, which included core thought and social diversity as a foundation for improving the quality of corporate governance in New Zealand, he said.
Henry’s comments also worked against DGL Group’s own diversity policy, he said.
NZSA looked forward to discussing DGL's progress on its diversity objectives in future, he said.
DGL has a diversity policy which says the company is committed to being an inclusive workplace that embraces and values diversity.
“In order to have an inclusive workplace, discrimination, harassment, vilification and victimisation cannot and will not be tolerated,” it says.
It says the board must include directors of different ages, ethnicities and backgrounds, and that diversity is a key strategic asset, and focus, of the company.
https://www.stuff.co.nz/business/ind...a-lim-comments
Deleted deleted
dont think it even makes the news in aus.
You seem to have real beef with him.
I am not happy what he has said as CEO of a company I have an investment in given the PR risks he has generated for the company/shareholders.
I would not have phrased it that way and in particular target one of the founders of that prospectus. What he sited in the prospectus, photo wise, appears not accurate.
It will have caused offence to all parties involved. However who in reality has not been offended by someone in life, it happens...often. I do think less of him for doing it.
I was offended by the Green parties policy change on leadership this week....stuff happens. I think less of them for doing it.
Having said that DGL is one of the few bright lights, business wise, on the NZX. He clearly has talent in business to date, in his business career since I became aware of him around 2000 and utilised the money from the IPO to grow the business.
I never purchased into the other IPO, i would not be surprised if it ends up badly...way worse than it currently is. I would have to ask myself what they hell was I doing if I ended up promotor on that IPO. The way that played out.. I think less of the people involved.
Everyone has their own values.. That is just the way life is.
Yes he shouldnt have said phrased it like that. But I get sick of People who act all holier than thou.
Like they are angels and never said or done anything wrong.
People are quick to condem, to make them selves out to be superior and a nice person.
When in reality they are just as bad.
Agree.
Too many here and in the media today.
Below is a link that someone posted on one of the DGC/DGL threads months ago.
It was the reason I bought into DGC/DGL.
https://www.youtube.com/watch?v=njtQEj6cchY&t=6s
Simon loving every minute of this ...getting better by the day
Does Simon Henry have a God complex?
https://www.nbr.co.nz/node/234330
What is the difference between God and Simon Henry?
God doesn’t think he’s Simon Henry. .
https://www.youtube.com/watch?v=njtQEj6cchY&t=6s
Anyone care to comment on this link I previously posted.?
Even the AFR in on the act -- Simon won't be doing much proper work today
https://www.afr.com/rear-window/dgl-...0220505-p5aiur
The click bait was
Who knew the most arresting of chemical company DGL sludge would come straight out of the the CEO's own mouth
DGL's Chair Peter Lowe pretty quiet on these matters affecting the reputation of his company
Probably thinks his CEO's behaviour is perfectly OK
Same sort of complex and behaviour like his brother Bernard Whimp - they can do no wrong because they believe anything is fair game.
Interesting observation from NBR when I discussed with them the compilation of their Rich List - the flakey ones like Eric Watson & Hawkins volunteered and argued with the NBR that the NBR underestimated their wealth. Get the picture?
Yeah, I originally posted that link in this forum when researching on this co.... He comes across as streetsmart with loads of business acumen...
The current episode is a bit of an uncalled distraction... We shall wait and see how it pans out.. In the long term shouldn't matter, given percy your portfolios generally seem to be for the long haul and guessing you bought the share sub $3 so have a comfortable buffer...
I certainly do not at all condone Simon Henry's comments, and are out of line - Nadia is an integral part of their brand and on reflection should realise that she would always be in the documentation. MFB is largely around brand - chemicals not so much. But perhaps the issue is more symptomatic of some of the companies and their marketing? Especially around IPO's but also annual reports and presentations.
Many are simply spin - glossy photos, plenty of graphics and carefully spun material to cover the arbitary glance - often targeting the mum & dad/unintiated investor. How many investors spend more time looking at the photos, rather than carefully considering the financials? Many on this forum have were very dubious on MFB IPO, but they have over 6,000 shareholders with 45% of these under 1000 shares, and expect most well under water.
On one hand it is great that information is presented in a more engaging, user-friendly way than an old-style document, but at some stage many companies cross the line (IMO) with their guilding the lilly, so to speak. Financials are audited, but the commentary and other info isn't - and that is often a sign of a company under promises/over delivers and want to invest in, than one you don't.
Shareholders Ass guy on radio this morning
https://www.newstalkzb.co.nz/on-air/...eholders-also/
Anyone looking at this photo of Nadia (and it's the only one apparently of her amongst the many many other photos in the prospectus) will come to the conclusion that there is a serious problem with Simon Whimp - either his eyes need checking up or his brains.
https://www.newstalkzb.co.nz/media/i...=95&scale=both
Sorry I did not credit you,but I could not find your post .
Yes bought long term under $3.
The reasons I bought remain intact.
Not looking to sell.
Depending on financials and growth projections I could add to my holding.
Certainly like the fact Simon Henry has such a large controlling shareholding,and adding sensible bolt on acquisitions.Owning their major sites makes good sense too.I like the sector.
Agree the current episode is a bit of an uncalled distraction.,and hopefully he will apologize,and has learnt from it.
Lets not forget MFB float was a disgrace,while DGC is a roaring success.And that was basically the point missed by commentators.
ps.Pleasing seeing Milford taking a sensible stance.
https://www.newstalkzb.co.nz/media/i...=95&scale=bothNo, we have not missed the point that Simon WHIMP believes that he has an ugly board and that's why DGC's sp has done better than MFB.
We have not missed the point that he either needs his eyes or brain checked. Which one do you think he must get checked?
Interesting web-site of WHIMP :
https://bernardwhimp.com/?gclid=CjwK...RoCXjEQAvD_BwE
https://bernardwhimp.com/wp-content/...in-400x284.png
It will help all the action is in Australia, they are a little more WTF on anything attitude there, perhaps Simon has spent too much time over there and doesn't get NZ and the way it now is.
Let's face it most kiwis have no idea or interest in enterprise and a good business....certainly few commentators. A lot of virtual signaling from a few people that have not even invested within the finance community...talking the kiwi saver providers... that is a growing trend of self promotion..
And you think this guy has a good idea of ethical business and self-promotion?
https://bernardwhimp.com/wp-content/...DSC00312-3.jpg
OMG …a 52 year incessantly contacting a 21 year-old and asking her to stay with him
It’s getting worse
https://thespinoff.co.nz/business/06...-lose-far-more
The hero of Percy, THEONE, Raz and BDL in action: His pattern of behavior is becoming clearer?
"The deeply unpleasant thing is that this is not an isolated incident for Henry. Less than a year ago the NBR’s Tim Hunter published a sickening story regarding a long-term campaign of harassment toward a woman they identified as Jane.
After a chance meeting in a hotel, he asked her manager for her email, and began a relentless conversation with her, in which she was an occasional and largely disinterested participant.
After asking her to marry him and talking about a “random” encounter with a photograph of her mother – who does not share Jane’s name – she eventually asked him explicitly to stop contacting her.
He responded by calling her “unwell”.
Clearly shaken by the escalating pattern, she told Hunter “I felt disgusting. I felt dirty, I felt tainted.”
When the content of the emails was put to Henry, he told Hunter he thought she was “a nutter”.
like i said yesterday no body in aus seems to give a **** about this story if they did the share price would have collapsed
Be funny if Bernard got up to his old tricks and put in an offer of $1.50 for DGC shares
Percy could sell into it :t_up:
One shareholder I know contacted by Bernard in one of his low life offers posted the offer back with deposit - from the toilet.
He said he never received another offer again which he felt was rather unkind of Bernard as he was intent on escalating the size of the deposits over time.
Percy may want to do the same if said offer surfaces? :t_up:
Thanks for posting, its an interesting watch.
I purchased my first DGL shares on Monday, having researched the company.
At brunch with friends this morning I found out about the comments made by SH. :huh: People who don't even follow the stockmarket.
Ah well.
Might be a chance to buy more at a discount.
Henry scandal update - Simon sleeps nude in an oxygen tank which he believes gives him sexual powers.
NBR keeping Simon busy today ….more detail on carry on with Jane from last year
https://www.nbr.co.nz/story/businessman-and-intern
I believe the media wont stop till they get a statement from Simon or DGL..
Rachel Smalley: Simon Henry's silence is starting to cost him
https://www.todayfm.co.nz/home/opini...-cost-him.html
"Of course, the elephant in the room right is the board of DGL group. The silence is deafening. The cynic in me says they may issue a statement late today and hope the story is lost over the weekend. Or, they're in denial and they'll remain silent. Whatever the case, I'll keep emailing and I'll keep calling and I'll keep leaving messages for the board."
Most if not all of DGL seem to be Aussie based
I’ll give them the benefit of the doubt and say no comment from them because they are blissfully unaware of their CEO’s actions
even the aussies selling now
Balance what do you think of the Chinese Communist Party treatment of uyghurs in concentration camps?
As from your posts you obviously love the CCP and hate America and Western countries.
Dont you think is a bit rich calling Simon racist ?
I think there are more important things to worry about than being called EuroAsian..
I have been at the receiving end of fund selling action in DGL... Think it was Milford late last year...Given the volumes on NZX are thin compared to ASX you can end up with quite a bit on your hands...It was pretty swift action...
but given people are planning to hold for the long term it could very well provide a great opportunity to invest for the long term..
Disclosure: I don't currently hold DGL, I used to once upon a time, might buy if at the right price!
Quote:
Head of sustainable investments for Milford, Frances Sweetman, told The Spinoff live updates that to comment on selling their stock in DGL would constitute “market manipulation”. However, she denied a claim made by The Spinoff that the company was publicly standing by its DGL shareholding. “We condemn all discriminatory and offensive comments,” Sweetman said.
Instead of putting DGL on an investment exemption list, Sweetman said Milford would directly engage with DGL to try and tackle the issue. “This is not easy, but we genuinely believe this is the best way to effect change. We are going to engage with the CEO and board of DGL Group in relation to these comments.”
Source: https://thespinoff.co.nz/live-update...eo-simon-henry
Definition: red herring
A red herring is an argument that uses confusion or distraction to shift attention away from a topic and toward a false conclusion. Red herrings usually contain an unimportant fact, idea, or event that has little relevance to the real issue.
Basically you dont reply, as you dont want to show your true colours.
You are obsessed with him and so unbalanced. Has anyone actually meet Balance Is he so lovely in person?
Or just a brave wolf warrior.
lol balance is very one sided in any view
so 329 on ASX is about 364 in nz at current exchange rate
NZX is 385
Something wrong ....with those panic stricken aussies
This will come and go, in months time, everyone will forgot about this. This has been put out of context.