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Pendragon
Posted on: Sep 18 2020, 07:19 PM


Group: Member
Posts: 121

Has anybody ever seen an advertisement for a job as a wharfie?

Like a peerage, you have to be born with the right parents.

A blowtorch needs to be turned on to the activities of the Maritime Unions.
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 12 2020, 12:34 AM


Group: Member
Posts: 121

I have stopped buying stuff from AliExpress (China), because since the beginning of this year the stuff you order just does not arrive or takes months to arrive.
Don't know what to blame. Covid 19 or our deteriorating relationship with China.
  Forum: Investment Discussion

Pendragon
Posted on: Aug 13 2020, 07:10 PM


Group: Member
Posts: 121

Mullokintyre,

It is happening already - and has been for some time.

Students accepted to go to university are dumber and courses are easier.
How can 50% be a pass mark for anatomy??
Starts at High school. We used to be in the top 10 but have dropped below 30 and dropping. OECD
  Forum: Off Topic Chat

Pendragon
Posted on: Aug 3 2020, 10:54 AM


Group: Member
Posts: 121

Mull,

I think that loophole has been closed.

I do agree with you - there have been some crazy decisions and inconsistencies.
  Forum: Off Topic Chat

Pendragon
Posted on: Jun 11 2020, 10:20 AM


Group: Member
Posts: 121

I am European.
My wife is Scottish
My daughter married a Yorkshire man
My granddaughter is recognised as an Indigenous Australian.

Indigenous Heritage is a con,. It is based on whatever lie you can get away with.

It is about time all this Native Title rort was killed off. 99 percent of the people who have jumped on the gravy train have about as much aboriginality as my granddaughter.
  Forum: Off Topic Chat

Pendragon
Posted on: May 29 2020, 09:13 AM


Group: Member
Posts: 121

I must admit I have lost a lot of confidence in the share market.
I think the big banks and other big players with their computer algorithms have killed the market for the small investor.

I have dipped my toes into trading Bitcoin. So far I am making a profit. Not big, but a profit. As I gain confidence I may play for bigger stakes.

Not an important issue, but good for me - it is a 24/7 market.

Anybody else trading Bitcoin? Am a complete novice and would like some learned advice!!!!


  Forum: Off Topic Chat

Pendragon
Posted on: May 22 2020, 10:18 AM


Group: Member
Posts: 121

EB,

At last count I think I have been in the 7 figure count at least 4 times in the last 30 years.
Lost my shirt with Opes Prime when like you I was looking at 8 figures. Still reckon it was not my fault. Did everything right, but ANZ took me to the cleaners.

With luck I will be back to 7 figures by this time next year. If everything goes to plan. Has not been easy and like you, licking my wounds.

I don't think I will be able to do it again if the shit hits the fan. Over 70 now and just don't have the energy to put into investing.

My focus right now is not so much rebuilding but keeping and getting a reasonable return to live on.

Also looking for a place to hole up for the next 20 years. Getting out of the city and onto the beach. Looking at Hervey Bay or the like.

What I mean EB - its never too late. Never give up
  Forum: Off Topic Chat

Pendragon
Posted on: Apr 12 2020, 01:04 AM


Group: Member
Posts: 121

Sad.

How did America get into this predicament?

A choice between a "delusional" President and a demented candidate.

I must be delusional myself, but I can't see any decent outcome for America but to stick with Trump.
Biden would be an absolute disaster. A monkey with a ouija board would be a better president than Biden.

Not a student of American politics, but surely somewhere there must be a politician on either side of the fence who has some brains and vision.


  Forum: Investment Discussion

Pendragon
Posted on: Mar 28 2020, 10:56 AM


Group: Member
Posts: 121

MulloKintyre,

Well I did not see that coming!!

Got to sit down now and think through the implications for Australian manufacturing - such as it is and for our exports.
Agriculture should be ok, but mining? education? business? tourism? housing? Hmmm?

How will our economy ramp up again? Who will be first cab of the rank? Who will be last? Who will be stronger who will be weakened?

Now that we have seen how crazy the world got over the Coronavirus I hope we do not make the same mistake by letting the Global Warming Cult get hold.
  Forum: Investment Discussion

Pendragon
Posted on: Mar 22 2020, 11:43 AM


Group: Member
Posts: 121

Mark

In total agreement with you about a trading halt for a time. Should have been done weeks ago.

As for China Coronavirus figures. Methinks they may not pass the pub test.

Almost 99% recovery rates in all Chinese cities and almost no new cases throughout China. This in stark contrast with the rest of the world where recovery rates are much slower and much less than in China.
At this stage recovery rates in Germany and USA are only 1%. Spain and Italy are much better at about 10%. This is nothing compared to the miracle in China where almost 100% of cases recover.

Better case management or Chinese government controlled media?

When they write the history of this pandemic, the Chinese Communist government should rightly be humiliated for its handling of the outbreak. Shame shame shame.
  Forum: Investment Discussion

Pendragon
Posted on: Mar 3 2020, 10:07 AM


Group: Member
Posts: 121

Time to go back to the gold standard.
The American dollar is worthless, but because it is the currency of world trade it has an intrinsic value. Not fair!!!

I am worried about how much my next holiday in the US is going to cost me.
  Forum: Macro Factors

Pendragon
Posted on: Mar 2 2020, 10:18 PM


Group: Member
Posts: 121

What I do not understand is the "value" in the American dollar.
How can it have value if they are printing it like toilet paper????
  Forum: Macro Factors

Pendragon
Posted on: Feb 26 2020, 10:06 AM


Group: Member
Posts: 121

Placebo effect.
Face masks are useless.
  Forum: Off Topic Chat

Pendragon
Posted on: Feb 21 2020, 09:48 AM


Group: Member
Posts: 121

Let us hope Australia is able to commercialize it.

Past history suggests we invent it and the Yanks make the money out of it!!
  Forum: Off Topic Chat

Pendragon
Posted on: Jan 30 2020, 02:40 PM


Group: Member
Posts: 121

The Government hands out so much money it is difficult to keep track of all applications and who receives the money.
One of my former jobs was to track some of these applicants and check if the money was going where specified on the application.

Led to a number of prosecutions and jail time for some of the applicants.



  Forum: Off Topic Chat

Pendragon
Posted on: Jan 26 2020, 03:09 PM


Group: Member
Posts: 121

Exactly what I mean. I bet in any one of those warming periods you could find - i f you looked closely - a period which showed warming was proceeding at a vastly accelerated rate compared to the earlier base line..

Just a bunch of science hacks playing to a gullible audience and providing the sensational data to feed the media.

Meanwhile the decent scientists are being ignored or vilified because they are not playing to the script.
  Forum: Off Topic Chat

Pendragon
Posted on: Jan 26 2020, 10:05 AM


Group: Member
Posts: 121

Sounds like pretty dodgy science to me.
Cherry picking at best.

I agree using 1950 to 1980 as a base line shows changes in the Arctic weather.

But what if you chose a different base line say something 200 or 300 million years ago. Or if you chose a series of base lines over billions of years and compare them. Or if you chose a single base line spreading over a million years?
It would show the Arctic has been warmer and colder - probably millions of times!!!.

This is nothing but a normal cycle. The earth has been colder and warmer many times. Sheer arrogance and opportunism to argue that this is climate change caused by humans or that we can do anything about it.

So the Arctic is losing some ice. Probably have a mini ice age in another 1000 years or so. Normal cycle. A carbon tax is going to fix nothing, just another tax for life that provides government revenue and does nothing to combat climate change. Would a carbon tax have stopped the current bush fires?


  Forum: Off Topic Chat

Pendragon
Posted on: Jan 17 2020, 05:42 PM


Group: Member
Posts: 121

“What happens in the future is really up to us," one scientist said.

So a carbon tax will fix everything??!! La la Land thinking.
Man has power over the winds the sea the air and the oceans. LOL
A 25% carbon tax will allow us to set the world temperature at a comfortable 23 Degrees all the year around. And rain will fall only where most needed.
Delusional fools.

  Forum: Off Topic Chat

Pendragon
Posted on: Dec 25 2019, 10:11 AM


Group: Member
Posts: 121

Just returned from a romp through India, Sri Lanka, Thailand, Malaysia and Singapore.
Absolutely zero interest in climate change.

No matter what we do on climate change it is going to have zero effect on the rest of the world.
And it would appear the rest of the world has decided climate change is a hoax.

Why do we keep deluding ourselves that climate change is real??

And is a carbon tax going to stop it.?

My wife has cancer. Perhaps the government could raise a cancer tax to put my wife's cancer into remission. If it works for climate change it should have the same effect on cancer.

Anybody who says the science on climate change is rock solid - is a liar.
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 26 2019, 11:15 AM


Group: Member
Posts: 121

Well, there goes my Super investment plan!!

Sadly I have no plan B that I am happy with.
  Forum: Investment Discussion

Pendragon
Posted on: Nov 25 2019, 08:05 AM


Group: Member
Posts: 121

The beginning of the end.

What a wank!!
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 23 2019, 09:54 PM


Group: Member
Posts: 121

They are going to tax us by mileage.
Our car is going to be a taxi.
  Forum: Investment Discussion

Pendragon
Posted on: Nov 20 2019, 10:36 PM


Group: Member
Posts: 121

I know at least 2 things with absolute certainty.

Trying to predict climate change on 100 years of data is like trying to pick next weeks lotto numbers using only last weeks draw as your data. Any computer modelling of climate change is statistical fiddling. Cherry picking of data.

A tax on carbon is going to do diddly squat!! Anybody who says they can change the weather is a liar. And anybody who give his money to the liars is an idiot.

The saddest thing about this whole episode is that it has rocked the foundations of science to the core. You can no longer trust a scientist to give you a purely scientific answer. The answer depends on who is paying the grant money.

Seems to me we are slipping back to the Dark Ages. Evolution is no longer taught in some American schools. Creationism is the truth!! Even my grandson's high school in Gatton refused to teach evolution. SAD. Criminal even.
A lot of people are convinced the earth is flat. How can you pass through High School and believe in a flat earth??
Sad what passes as an education in Australia these days.

  Forum: Off Topic Chat

Pendragon
Posted on: Nov 8 2019, 06:46 PM


Group: Member
Posts: 121

So it is no longer about Climate Change per se - but an index of livability.

Climate change is going to be rolled into a livability index measuring not only temperature change, but the number of people on earth, the amount of forests we clear, the amount of meat we eat etc etc.

One thing about these climate change loonies, they are flexible. If they are losing one argument they throw in another parameter.
(they sound like my wife- can never win an argument with her.)

  Forum: Off Topic Chat

Pendragon
Posted on: Nov 6 2019, 10:53 PM


Group: Member
Posts: 121

So it is not climate change anymore but a livability index.
  Forum: Off Topic Chat

Pendragon
Posted on: Oct 15 2019, 01:38 PM


Group: Member
Posts: 121

Seems to me this climate change madness has a lot in common with the old Dutch Tulip fever fisco back in the 1700s.
Lots of people pontificating about things they know nothing about and driving everybody into a pointless frenzy.

That ended badly as I am sure will this climate change madness.
  Forum: Off Topic Chat

Pendragon
Posted on: Oct 7 2019, 07:48 PM


Group: Member
Posts: 121

What a load of garbage.
Remove enough C02 and we all die!!
Plants need C02 to thrive. We are already at historically low levels of C02 and these idiots want us to commit to lowering it even more.
Should be put into a home for the criminally insane as should anybody who believes this garbage.
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 25 2019, 08:04 AM


Group: Member
Posts: 121

Triage,

Sorry, I can not agree with you. There is a constant battle between the elected parliament and the unelected judiciary and the unelected judiciary is acting more and more like "the Government" and interprets the law regardless of the wishes of the parliament.

As a former public servant I was in the position to write policy according to parliament's wishes and interact with the judiciary who wrote this policy into legislation enacted by parliament. I/we went into great detail and provided volumes of notes on which the lawyers could rely on to write the legislation so that "the law" reflected the wishes of parliament.

Time after time at the first instance the law was tested in court the judges took it upon themselves to interpret the law in their own fashion - even though they had the notes we had provided to ensure the written statues were in accord with the wishes of parliament.

Accordingly I have little time for the pompous gits who are our judiciary. Remember they are un elected and in most instances they interpret the law as they wish. No wonder we have challenge after challenge until we get the "right" outcome - which frequently is wrong in law - but money wins out!!

Which is why Dutton throws criminals out of the country and is challenged by the Tribunal and we have criminals, rapists and murderers allowed back in. Clearly not what parliament or the public wanted but clearly the judiciary showing their contempt of parliament and the people who elected the government!!
And where do these people get the money to challenge the system over and over and over again? From the public purse provided for the judiciary to play with!!
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 23 2019, 08:30 AM


Group: Member
Posts: 121

Time to trade in the cars my wife and I drive.
IMHO too early to buy an EV but on the other hand not going to buy a new combustion vehicle as it will be old hat in a few years.
Hence not in the market for a couple of new cars, but will be looking for a couple of not too old used cars.
Wonder how many people are in the same boat and how it is affecting new car sales of combustion vehicles??
  Forum: Investment Discussion

Pendragon
Posted on: Sep 17 2019, 10:06 PM


Group: Member
Posts: 121

Indeed - a pox on them all!!!

We spent a week in Dubai while the Burj Khalifa was under construction. Our hotel, the Al Maha was in the desert.
On the way we we saw numerous compounds with low adobe huts with open (no glass) windows and definitely no air conditioning and high wire fencing all around and no shade or greenery.

We were told by our driver that this is where the workers (mostly Philippine) on the Burj Khalifa were billeted. To all intents and purposes they were just prisoners and treated as such. Just bussed to and from work and kept under lock and key while not at work.

The Sheik's horses were kept in much better accommodation!!!

Consequently the "magnificence" of the Burj Khalifa leaves me cold!!
  Forum: Investment Discussion

Pendragon
Posted on: Sep 17 2019, 09:08 PM


Group: Member
Posts: 121

K,

A bit of a stretch to say a nuclear deal with Iran was working while it allowed Iran to develop Nuclear weapons.

I also, like Trump, would be inclined to tear up any deal which clearly was faulty and openly being flaunted.

IMHO Saudi Arabia is the enemy and needs to be brought into line. Why America (and not only America) is turning a blind eye to Saudi and its proselytizing throughout Europe and the world is beyond me.

I live for the day Saudi runs out of oil!!!!!
  Forum: Investment Discussion

Pendragon
Posted on: Sep 15 2019, 04:00 PM


Group: Member
Posts: 121

I used to go out with a girl who had anorexia, but I am seeing less of her now.
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 9 2019, 07:57 AM


Group: Member
Posts: 121

Australia was lucky I went to bed after 1 in the morning.
No wickets were falling while I was watching - then bang bang bang as soon as I was asleep.

Great job. Well deserved. We are a better team than the Poms.
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 4 2019, 10:20 AM


Group: Member
Posts: 121

Traders being replaced by computers and smarter algorithms???

On a happier note - for someone who hates rodent lawyers - my nephew in London is firing hundreds of these rodents. Partly because they are being replaced by computers.
  Forum: Off Topic Chat

Pendragon
Posted on: Aug 26 2019, 01:57 AM


Group: Member
Posts: 121

Aargh!!!

Hard to watch. I thought we had it!!

Credit to Stokes.
  Forum: Off Topic Chat

Pendragon
Posted on: Jul 28 2019, 09:15 AM


Group: Member
Posts: 121

LOL. I have multiple identities on HC so while one is suspended I can keep posting with my alter ego.
  Forum: By Share Code

Pendragon
Posted on: Jul 27 2019, 08:49 AM


Group: Member
Posts: 121

Based purely on a sample of 1 household we have everything we need.
I can not recall the last time my wife and I went shopping for anything apart from the normal groceries.

We have all the boys and girls toys we need. They are in good working condition and we are past that stage of life where we need the latest iphone or computer.
The cars are a few years old but they are still "flash".
We spend more money on holidays than new cloths or new appliances.

I wonder how many households are in the same position and if/how that reflects in global retail sales?
  Forum: Investment Discussion

Pendragon
Posted on: Jul 25 2019, 02:29 PM


Group: Member
Posts: 121

Mueller hearing is on and Mueller is hopeless.
Big win for Trump.
Helicopters may be there to stop the Democrat rats from leaving the sinking ship?? LOL
  Forum: Off Topic Chat

Pendragon
Posted on: Apr 13 2019, 09:16 AM


Group: Member
Posts: 121

Is NRG an SLA product??
  Forum: By Share Code

Pendragon
Posted on: Apr 13 2019, 09:10 AM


Group: Member
Posts: 121

Triage,

Apart from the science - yeah Einstein!!!!

It is the algorithms they developed to enhance the image. These algorithms will filter down to all the media and photo software we use and that little cute little sheep avatar you use - I will be able to see distinctly every follicle of hair on his body. Will be able to tell which of the 34 genders now available to choose from, it is!! Well at least 2.
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 5 2018, 08:42 AM


Group: Member
Posts: 121

I can not recall looking forward to a summer of cricket with so much lack of enthusiasm!!!
Our best cricketers are not playing in the test team. Our cricketers are overpaid and under performers. How do they retain their positions?? How can they in all honesty accept the money while they achieve so little??
A bunch of girlie men. How can our kids look up to a guy who walks of the pitch because somebody said some "naughty words." Pathetic. I hope he walked off the pitch and out of our test team.
  Forum: Off Topic Chat

Pendragon
Posted on: Oct 19 2018, 11:41 AM


Group: Member
Posts: 121

But will they get me to Fraser Island and back??
  Forum: Investment Discussion

Pendragon
Posted on: Oct 18 2018, 10:01 AM


Group: Member
Posts: 121

blacksheep,

Don't want to get in a bun fight about it. I just stated it as a matter of record.
The link below suggests it is all models not just cherry picking as you seem to suggest.


https://www.forbes.com/sites/jeanbaptiste/2...t/#1b15ef667562
  Forum: Investment Discussion

Pendragon
Posted on: Oct 15 2018, 07:33 AM


Group: Member
Posts: 121

And yet it is outselling Mercedes and close to outselling BMWs in USA.
  Forum: Investment Discussion

Pendragon
Posted on: Oct 3 2018, 02:30 PM


Group: Member
Posts: 121

I was told it is a supply problem not a material problem.
I have a standing order and was advised to expect it filled mid October!!

Thanks for the other background information.
  Forum: By Share Code

Pendragon
Posted on: Sep 24 2018, 09:40 AM


Group: Member
Posts: 121

And the catch in the tale is some of the OPEC countries are running low on oil and investing heavily in Solar!!
Should be an interesting few decades!!
  Forum: Macro Factors

Pendragon
Posted on: Aug 31 2018, 09:27 AM


Group: Member
Posts: 121

No longer important to me if SLA relists or not.
BUT - I would love if it did.
I still use their products and hope they continue to be available..
  Forum: By Share Code

Pendragon
Posted on: Aug 24 2018, 09:14 PM


Group: Member
Posts: 121

Mull,

I love Julie Bishop also.
I have had the pleasure of meeting her and hearing her speak at informal Liberal Party meetings.
She is a class act but sadly not PM material.
Liberals will get a female PM soon enough but not Julie.
Back in the day, the person who impressed me most at the Lib Conference was Abbott, who duly got elected as PM some time later and got Julie as his Deputy.
So the Party has done the right thing by her. Why make somebody leader just to fill some artificial quota?? Do it on merit.
Sadly I think the best PM - a guy - is still sitting in the back benches. Methinks some of the cabinet ministers sense the competition and are deliberately keeping him down.
Will be interesting to see if Morrison picks him.
  Forum: Macro Factors

Pendragon
Posted on: Aug 19 2018, 09:02 AM


Group: Member
Posts: 121

I agree.
I admire Musk immensely. I love his Mars vision.
He is doing what America and a collective "all governments" should have done - aim for the stars.
Personally I measure the decline of America and the rest of us from the time we gave up our moon landing program.
Did we over reach or just lose the vision?

Sadly, I agree, I do not think Musk will last the distance. Pity. But I hope he passes the torch to someone else.
  Forum: Investment Discussion

Pendragon
Posted on: Jun 2 2018, 09:49 AM


Group: Member
Posts: 121

So what you are saying is not all c02 molecules are equal??

Interesting. Can you explain the chemistry or does it only work for climate change aficionados?
  Forum: Off Topic Chat

Pendragon
Posted on: May 12 2018, 10:42 AM


Group: Member
Posts: 121

I can not understand how the value of the Australian dollar is tanking against the US dollar.
There is an unbelievably massive hoard of US dollars sloshing around the world. Sloshing is the wrong word. The money is just sitting there doing nothing.
More countries are getting off the US dollar for trade.
These US dollars are effectively sitting there doing nothing but declining in value daily. And I suspect the value of the decline will accelerate.
And yet the Australian dollar keeps declining.
If I had trillions just sitting there declining in value I would at least be buying some Australian dollars which have more value than the US dollars sitting in a vault doing nothing but gathering dust.
  Forum: Macro Factors

Pendragon
Posted on: Apr 20 2018, 05:58 PM


Group: Member
Posts: 121

Glad to see the Royal Commission is looking at the Legal fraternity and scoring a few points there..

I for one was disgusted with the handling of the Opes Prime debacle and how ANZ got away with what IMHO was a vast miscarriage of justice - and in my case millions of dollars.

Seems to me lawyers and judges have just as much to answer as the banks.
  Forum: Investment Discussion

Pendragon
Posted on: Mar 30 2018, 09:16 AM


Group: Member
Posts: 121

Yep, what we need now is another Allan Border - unfortunately I do not see one in the current Aussie team.
There was some talk of Pat Cummins having a future leadership role. I know nothing about him except he has worked hard to reclaim his place in the team.
  Forum: Off Topic Chat

Pendragon
Posted on: Mar 29 2018, 11:58 PM


Group: Member
Posts: 121

I note with interest that Warner has in addition been given a lifetime ban from any leadership role in cricket.
Methinks there is more to come!!
Whereas I feel genuinely sorry for Smith I have no such generosity for Warner.
  Forum: Off Topic Chat

Pendragon
Posted on: Jan 6 2018, 09:31 AM


Group: Member
Posts: 121

Looking forward to see how Crane goes. Seems to have lots of potential.
  Forum: Off Topic Chat

Pendragon
Posted on: Dec 31 2017, 10:12 AM


Group: Member
Posts: 121

Looking at the Shield Stats, J Bird seems to be the pick of the bunch. But I do agree, he did not look up to the task. Like you I hope there is another firebrand lurking around somewhere.
We have a local quick picking up a stack of wickets but he has just started high school. blush.gif
  Forum: Off Topic Chat

Pendragon
Posted on: Dec 30 2017, 07:08 PM


Group: Member
Posts: 121

What, did you blink and miss Shaun Marsh - the batsman - and his sterling contribution of 4?
I would - and have - singled him out as a failure ahead of Kawaja.
Can't fault Mitchell. Did well.
Last test coming up - time to try a few other bowlers and batsmen.
  Forum: Off Topic Chat

Pendragon
Posted on: Dec 14 2017, 11:03 PM


Group: Member
Posts: 121

Now all we need is for the bothers Marsh to make ducks and the selection fiasco will be complete.

  Forum: Off Topic Chat

Pendragon
Posted on: Dec 7 2017, 11:54 AM


Group: Member
Posts: 121

Marsh and Marsh are what is wrong with Aussie cricket right now.
Old boys network rather than ability.
  Forum: Off Topic Chat

Pendragon
Posted on: Dec 7 2017, 10:29 AM


Group: Member
Posts: 121

Remember the Tulips.
  Forum: By Share Code

Pendragon
Posted on: Nov 7 2017, 09:32 AM


Group: Member
Posts: 121

Equally - people should avoid Red Cardinal.
It is my pick and I have not picked a winner for years!!
Good luck to all - and have fun.
  Forum: Off Topic Chat

Pendragon
Posted on: Aug 31 2017, 08:50 AM


Group: Member
Posts: 121

The average annual pay for our cricketing "heroes" is $1.36M.
The Bangladesh players are on $24,000 average.

Who is getting value for money???
  Forum: Off Topic Chat

Pendragon
Posted on: Apr 25 2017, 02:01 PM


Group: Member
Posts: 121

Saudi Arabia + status of women + human rights is just WRONG WRONG WRONG!!

Just goes to show how totally irrelevant the UN has become.

Time for Australia and the UN to part ways.
  Forum: Off Topic Chat

Pendragon
Posted on: Mar 30 2017, 03:35 PM


Group: Member
Posts: 121

Nipper,

Thanks for that post.
Yep - definitely caught me napping!!!

Just a word of caution.
I lost money investing in China 20 years ago because the Chinese did not play by the rules.
I hope India is not the same. Buyer beware??
  Forum: Investment Discussion

Pendragon
Posted on: Mar 16 2017, 09:36 PM


Group: Member
Posts: 121

How much longer are we going to pander to the Marsh family.
It is obvious the boys are not up to test cricket.
Their continuous selection is disgraceful when there are better players without the "family" name.
Geoff was an OK cricketer but his boys aren't.
  Forum: Off Topic Chat

Pendragon
Posted on: Mar 2 2017, 09:19 AM


Group: Member
Posts: 121

How will it be funded?

They will simply print the money as they have for decades.
  Forum: Investment Discussion

Pendragon
Posted on: Mar 1 2017, 11:17 AM


Group: Member
Posts: 121

OK - I have a few shares in SLA or Prenolica.

Any chance of receiving an annual report from these guys? I mean listed or not I still am a shareholder and deserve some consideration??

  Forum: By Share Code

Pendragon
Posted on: Jan 16 2017, 08:26 AM


Group: Member
Posts: 121

Boring.

Even my 100 yr grandmother would not invest in those picks.
  Forum: Investment Discussion

Pendragon
Posted on: Jan 11 2017, 10:17 AM


Group: Member
Posts: 121

Apropos to possibly nothing - but I just finished a cruise with a number of Americans.
Well to do. Husband an engineer - wife an accountant and home schooling their kids. Ran their own business with well over 40 employees. High tech in that they used seismologic readings to determine drill sites etc.

BUT they absolutely believed in creation. Earth is not over 5000 years old.
Not interested in dinosaurs, carbon dating, cosmology etc etc. Creation is it!!

Surprised me how embedded creationism is in American education. I always thought some rednecks from Alabama, but surely not Boston Uni educated types.

Seems to me the world is going down the drain hole. One bunch of fanatics in Arabia and another bunch of fanatics in America all believing in the one true God. it ain't going to end well.
  Forum: Off Topic Chat

Pendragon
Posted on: Dec 12 2016, 10:06 AM


Group: Member
Posts: 121

Trust me - I am an old computer programmer.

Now I sell used cars - all driven by little old ladies once a week to church.

Ok - for real. I used to be a programmer and later an analyst in the policy planning unit of a government department. I did prepare press releases for the department and occasionally put in
'porkies' to get the public thinking 'the right way.'

Does anybody else see the relationship between high frequency trading and allowing computers to determine what is real and what is not?? Read Michael Lewis Flash Boys. Interesting.

  Forum: Off Topic Chat

Pendragon
Posted on: Nov 29 2016, 03:54 PM


Group: Member
Posts: 121

No
  Forum: By Share Code

Pendragon
Posted on: Nov 22 2016, 09:12 AM


Group: Member
Posts: 121

Kahuna1,

It is the end of the world as we know it - Hillary or Trump in charge makes no difference.
If we do not take a militant approach to the spread of Islam and keep pussyfooting around my kids and yours will be living in a Muslim society.

I thought your tome was to be a work of enlightenment - now a novel - a work of fiction?? It is the end of the world.



  Forum: Investment Discussion

Pendragon
Posted on: Nov 15 2016, 08:53 AM


Group: Member
Posts: 121

If Women's cricket was on TV I would be watching that. I am so over the men's team and their excuses. Overpaid wa*kers.
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 2 2016, 12:46 PM


Group: Member
Posts: 121

Should have listened to my wife.
She has backed the winner 2 years in a row!!
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 1 2016, 11:24 AM


Group: Member
Posts: 121

No 3 Curren Mirotic. No nine year old has ever won. No horse from barrier 18 has won.
If he fires on the day he will beat these nags by 10 lengths.
  Forum: Off Topic Chat

Pendragon
Posted on: Nov 1 2016, 11:24 AM


Group: Member
Posts: 121

No 3 Curren Mirotic. No nine year old has ever won. No horse from barrier 18 has won.
If he fires on the day he will beat these nags by 10 lengths.
  Forum: Off Topic Chat

Pendragon
Posted on: Sep 12 2016, 11:28 PM


Group: Member
Posts: 121

Please remind me - when was a major oil field discovered and put into production?
Ain't going to see another Ghawar.

Peak oil is peak oil. What they have done is change the definition. Confused the issue.

Bit like when I started working in employment statistics - full time employment was defined as 40 hours per week now a person can be counted as employed working only 1 hour per week.
  Forum: Investment Discussion

Pendragon
Posted on: Aug 27 2016, 07:54 AM


Group: Member
Posts: 121

"Yellen also said the economy is “nearing” the Fed’s goals of full employment and stable prices. The Fed chair didn’t discuss the specific timing of a rate move in her first public comments since June."

What a pile of bollocks.
Everything I am reading suggests unemployment is as high or higher than it ever was.
Even the dollar stores - probably their equivalent to our "Reject" stores are cutting prices because they can not get customers into their stores.
Unemployed people can not afford to shop.
  Forum: Investment Discussion

Pendragon
Posted on: Aug 1 2016, 01:11 AM


Group: Member
Posts: 121

Stedwell?

Please tell us what he has to say.
  Forum: By Share Code

Pendragon
Posted on: Aug 1 2015, 09:56 AM


Group: Member
Posts: 121

Clarke should stand down like Haddin.

The Australian guys do not have their mind on the game. Seems like a cancer going through the team.

Probably all read about it after the tour.




  Forum: Off Topic Chat

Pendragon
Posted on: Jul 30 2015, 09:02 AM


Group: Member
Posts: 121

Time for Clarke to go.

Has he ever won the toss and elected not to bat? Might have been a good strategy when he could be relied on for a ton but when was his last significant innings?

Great wicket for bowling but he elects to bat. Man is in a downward spiral.

We have one too many captains in the team and one is not performing.







  Forum: Off Topic Chat

Pendragon
Posted on: Jan 12 2012, 11:11 AM


Group: Member
Posts: 121

Poor Alethia, first response to a honest posting and it comes from an idiot!

We can infer from your post that you do not have a scientific mind. On the other hand what evidence do you have that this woman has not tried everything.

A few years after her operation I would suggest she has exhausted everything the doctors have been able to throw at her and she is now exploring "eye of newt, and toe of frog."

If Siberian Red is helping her, why not explore why it is helping her rather than prattle on about sulfuric acid and antiseptics.

Seems to me that Alexander Fleming had the brains to examine an already discarded petri dish and discover penicillin, whereas a bright spark like you would have washed it.

If you do not understand something don't ridicule it. It makes you look stupider than you are.
  Forum: By Share Code

Pendragon
Posted on: Jan 6 2012, 10:23 AM


Group: Member
Posts: 121

Alethia,

I totally agree with your assessment of Boris.

DK was a gentleman of the highest integrity and did a lot of good work for SLA. In fact I wish there was some way Vagif could convince him to return!!

I would urge everybody to ignore anything Boris has to offer. He is like a broken wrist watch, correct twice a day. Seems his assessment of SLA is spot on right now, but, hopefully won't last much longer.
  Forum: By Share Code

Pendragon
Posted on: Dec 16 2011, 12:59 PM


Group: Member
Posts: 121

MME,

I agree it sucks???

This is going lower before it goes back up.

Management has a lot to do to get people interested in this company. My main interest is exit strategies.

Has the company got anything going for it to keep shareholder faith??

Is anybody buying Ropren?? Are they still trying to sell it or have they gone for the chicken option?

Looks like a lot of people are stuck with this stock until it starts to deliver something - anything.

Can we look forward to a better year in 2012 or 13 0r 14 or 15 or 16???

  Forum: By Share Code

Pendragon
Posted on: Nov 23 2011, 08:43 AM


Group: Member
Posts: 121

It was a joke Joyce!!!!
  Forum: By Share Code

Pendragon
Posted on: Nov 18 2011, 08:22 AM


Group: Member
Posts: 121

Tocs,

I do not know why you give Boris any credence. He was not at the meeting and is now posting stuff as if he was and knows everything that transpired at the meeting.

The man just makes up stuff as he goes along. All he has done is taken the stuff Livas has posted and put his own spin on things.

He has no shares in SLA and is just sick. He gets off at the reaction to his posts.
  Forum: By Share Code

Pendragon
Posted on: Nov 17 2011, 08:13 AM


Group: Member
Posts: 121

Alethia,

Just checked on the Solagran web site. They have annual reports going back to 2003 which suggests they have had a presence in Russia for at least that long. When was the Tomsk factory commissioned?

Still no announcements on the ASX, bit slack.
  Forum: By Share Code

Pendragon
Posted on: Nov 17 2011, 07:42 AM


Group: Member
Posts: 121

The "non essential" Essential Medicines List. Who would have though that? And I have been sweating on SLA getting onto that list for years!!



  Forum: By Share Code

Pendragon
Posted on: Nov 16 2011, 04:31 PM


Group: Member
Posts: 121

Why are you still posting in SLA Boris?? You have told us many times you have no shares in SLA so why do you bother to post?

I know why you did not attend the AGM and I know who was looking out for you!!!

Puck puck puck
  Forum: By Share Code

Pendragon
Posted on: Oct 28 2011, 10:09 AM


Group: Member
Posts: 121

Floyd,

QUOTE
the results that will 'make the world step up and take notice


The only results that will renew my interest are SALES SALES SALES.

I no longer care if Ropren cures cancer, alcoholism, will make me live for ever or even save the world economy.

The only results that I am interested in are Ropren SALES.
  Forum: By Share Code

Pendragon
Posted on: Oct 23 2011, 10:35 PM


Group: Member
Posts: 121

bam-bam,

QUOTE
A product review


You're joking ??
  Forum: By Share Code

Pendragon
Posted on: Oct 18 2011, 10:11 AM


Group: Member
Posts: 121

Will be interesting to see if the guys selling at 7 will pull their offers??
  Forum: By Share Code

Pendragon
Posted on: Oct 7 2011, 05:09 PM


Group: Member
Posts: 121

Solagran has what the other side wants. A multi billion dollar product or series of products.
Solagran is in an excellent position to negotiate.
Solagran can walk away at any time.
This party is not the only show in town. Solagran has always maintained money is not an issue. If this party is coming to the table it will be for a mutual benefit..

Am I the only one who thinks someone is keeping the price down? I do not think:-

QUOTE
They could be selling because

They need money to pay bills
They need money for a holiday
They need money to buy a new car
One of their kids have asked for funds to help them
They need to support a parent
They want to buy their spouse a gift


This is an orchestrated play by someone who has money and knowledge. IMHO


  Forum: By Share Code

Pendragon
Posted on: Oct 7 2011, 04:21 PM


Group: Member
Posts: 121

Is it going down or is it being held down?

Does anyone remember this pattern of selling before?

Would be interesting to ask how the negotiations with the State owned company are progressing?
  Forum: By Share Code

Pendragon
Posted on: Oct 6 2011, 09:30 AM


Group: Member
Posts: 121

Looks like a few people are trying to offload their holdings.

Almost 1 million shares on offer at 7 and 8 cents. After that it returns to the ten, twenty thousand that are normally on offer.

Curious considering the Chairman's excellent report.
  Forum: By Share Code

Pendragon
Posted on: Oct 4 2011, 09:50 AM


Group: Member
Posts: 121

Anybody able to enlighten me about Vishney Volochok.

The name does not appear on my dance card.

Looks like we have to continue to wait. At least we have a time frame which seems to be getting more solid. Listing by November. Sales after February. Sweet!!
  Forum: By Share Code

Pendragon
Posted on: Sep 30 2011, 11:21 AM


Group: Member
Posts: 121

LOL,

Looks like somebody is not waiting for the Report due before Monday and bailing.

SLA history suggests that it will be on Monday. It would be nice if the chairman could update us on progress.

Alethia keeps saying that money is not a problem. Would be nice to have that confirmed. Would also be nice to get some overview of what is happening.

I am sure all of us mushrooms would agree that some big vision stuff would be nice. Volume sales or even the prospect of volume sales would be even better.
  Forum: By Share Code

Pendragon
Posted on: Sep 26 2011, 09:40 AM


Group: Member
Posts: 121

Thanks for that post Livas1,

I reckon/hope we will get a flurry of activity/information from Solagran very soon.

Temperatures are dropping in Moscow and November will be the last month of "normal" activity in Russia before the temperatures plummet for the long winter from December through to February, when it is just plain miserable.

IMHO if we do not get some positive news in the next few weeks we might as well shut up shop until March when Russia thaws out and serious work starts again.

I do not know about you guys, but I would not be happy with the company allowing the share price to drift down - at an accelerating rate over the next few months without releasing something we can hang on to. AND if the company needs to borrow more money surely it is in their interest to give potential investors some good news.

Putin's commitment to the Russian drug industry and to Solagran in particular has been documented before. Good to see it has been re affirmed. It would be nice to get some indication from the company as to how close they are to getting a bite of the budget and how much of the budget they are after?? They have got the letter form Putin, they should be playing it for all it is worth.

The AGM is coming up soon. Feels like the company is going to have some very unhappy shareholders to placate this year - again.





  Forum: By Share Code

Pendragon
Posted on: Sep 8 2011, 04:59 PM


Group: Member
Posts: 121

Boris,

Could not find anything to fault in your last post.
Logical, well argued and without the nasty stuff which suggests you have the soul of a dried up prune.
How does it feel to have a pat on the back?

Confess, it was the dog that wrote it? I can see the tail wagging.
  Forum: By Share Code

Pendragon
Posted on: Sep 5 2011, 12:25 PM


Group: Member
Posts: 121

Where have all the posters gone?
  Forum: By Share Code

Pendragon
Posted on: Sep 1 2011, 06:23 PM


Group: Member
Posts: 121

So nobody bothered to call the company today???

Much better and productive to speculate??

Would be nice to hear from the company.
  Forum: By Share Code

Pendragon
Posted on: Sep 1 2011, 12:04 PM


Group: Member
Posts: 121

Has anybody called the company today? Seems only they can answer some of the questions being asked in this forum today.
  Forum: By Share Code

Pendragon
Posted on: Aug 31 2011, 07:26 PM


Group: Member
Posts: 121

Anybody got anything positive to say about the preliminary report???

  Forum: By Share Code

Pendragon
Posted on: Aug 30 2011, 09:25 AM


Group: Member
Posts: 121

I gather from Livas that we are due a quarterly today or tomorrow. Ropren sales will be interesting, but Bio A more so.

It is my feeling that company is now concentrating more on making money from the sale of Bio A rather than Ropren.

I gather they are not making the progress in Russia they thought they would with Ropren and are now concentrating on Bio A. (Livas, were you the one who has always said that Bio A will be the rock the company is going to be built on??)
  Forum: By Share Code

Pendragon
Posted on: Aug 9 2011, 08:16 AM


Group: Member
Posts: 121

Alethia,

Don't know about Russia laughing all the way to the bank. Their markets fell a huge 8% last night.
But I certainly agree with you about Asia.

Did anybody call the company on Monday??

  Forum: By Share Code

Pendragon
Posted on: Jul 11 2011, 11:35 AM


Group: Member
Posts: 121

Maybe people are expecting some good news from SLA soon??
The sell side is lining up with people getting ready to dump on the good news.

This is going to get very ugly very soon if they can't start selling Ropren big time in the next couple of months or sooner.


  Forum: By Share Code

Pendragon
Posted on: Jul 1 2011, 11:05 AM


Group: Member
Posts: 121

Russian,

LOL,

I feel like I have been stuck in a Gulag for the last 4 years doing hard time!!

And as an extra punishment, a smiling ghostly apparition of Vagif appears just as I am in my deepest despair and whispers in my ear, "your pain will be over SOON."

(it is a local call as I believe he is back here pounding the flesh trying to get things moving)
  Forum: By Share Code

Pendragon
Posted on: Jun 6 2011, 11:37 AM


Group: Member
Posts: 121

SLA forum strangely quiet.

Looks like everything that can be said has been said and everybody is waiting for the company announcement of massive Ropren sales.
  Forum: By Share Code

Pendragon
Posted on: May 18 2011, 04:56 PM


Group: Member
Posts: 121

LOL,

Alethia, I think it is too late.
  Forum: By Share Code

Pendragon
Posted on: May 6 2011, 10:01 AM


Group: Member
Posts: 121

Looks like a boring day for SLA watchers.

No buying depth (a gap between 15 and 13.5) and the seller at 15.5 seems happy to wait for his price.

Even a Google translation of Oleg's speech would be nice just to give us some direction??



  Forum: By Share Code

Pendragon
Posted on: Apr 29 2011, 10:39 AM


Group: Member
Posts: 121

Boris,

Could also apply to you!!! rolleyes.gif

My mental image of you is not as a builder but more of a stand back and watch. You stand back and watch somebody else do something and your contribution to the process is, "I could have done it better".

I don't mind, just don't get in the way.



  Forum: By Share Code

Pendragon
Posted on: Apr 27 2011, 03:47 PM


Group: Member
Posts: 121

Show me the money!!!
  Forum: By Share Code

Pendragon
Posted on: Apr 19 2011, 12:20 PM


Group: Member
Posts: 121

My wife is undergoing liver function tests. She has had one operation and it seems likely that another is on the cards.

Certainly will try Ropren as an alternative to more surgery. Just waiting to see how bad her liver is.

A friend's husband went to have surgery on his shoulder and is now in intensive care with infections!!

Will be watching very closely how Roprenisation pans out!!! This is a big deal!!
  Forum: By Share Code

Pendragon
Posted on: Apr 13 2011, 09:57 AM


Group: Member
Posts: 121

arty,

QUOTE
I'd still prefer a return to 13c; but SLA appears to be traded more on sentiment than most other stocks


What a strange thing to say!!! You want a stock to fall!!!???

When SLA was over $1.50 that was sentiment and blue sky. Considering what this company has achieved since those days, suggesting a return to 13c is an insult and IMHO highlights the dangers of trading on TA alone.
I look at your chart and combine it with some DYOR and am perplexed that it is still under 50c.

I do not trade SLA or any other stock for sentiment. Only a fool trades for sentiment. I trade on potential and this company has unlimited potential. The problem and the risk is; can SLA realize its potential.
  Forum: By Share Code

Pendragon
Posted on: Apr 9 2011, 01:49 PM


Group: Member
Posts: 121

Flower,

With respect, I think your argument lacks credence.


Sovereign risk?? Terroist??

Stanlow England

Grangemouth Scotland

Lavera France

And more throughout Europe and America.

Import from a low cost counrty? Only if those countries build refineries. The ones being sold are in high cost stable countries.
  Forum: Macro Factors

Pendragon
Posted on: Apr 9 2011, 10:02 AM


Group: Member
Posts: 121

I am form the school of thought that argues that as China and India develop a significant middle class their will be a massive increase in demand for oil and petroleum products to supply the demand created by hundreds of millions of these new consumers.

I am confused by an article in this weeks Economist (7 April) that points out that a number of large oil companies are selling their refineries, Shell sold their Stanlow refinery to an Indian company for $1.3 billion and there are many other examples. The argument by Shell is that there is a chronic over capacity of refineries and weak margins!!!

Now my understanding is that you have to search far and wide to find an example of a new refinery being built and evidence of a fall of demand. The article argues that demand for fuel in America has peaked and will never reach the same heights, but surely the growth of demand in China and India will more than take up the slack??

And who can believe that the margins in refining oil are so weak!! Certainly is not evident at the gas station!!

I think there is some fuzzy thinking going on. But none the less it is worth some research. Why are large companies like Shell selling up refineries???.
  Forum: Macro Factors

Pendragon
Posted on: Apr 1 2011, 01:27 PM


Group: Member
Posts: 121

Livas1,

Thank you very much for your Pharmexpert post.

I was particularly interested in Fig 8 which showed Ropren is one of the top 5 hepatoprotectors for sale in Russia with a bullet!!!

Rezalut is currently the market leader with annual sales of $9 million. I can see Ropren becoming number 2 by years end with sales exceeding the combined sales of the current 2 and 3.

When you realize the report is generated by an internal Russian source, it puts things into perspective. I was also interested to see that they had difficulty putting Ropren into a specific category and may need to introduce a third category of drugs where Ropren stands alone and supreme.

Astounding that this company is valued at less than $50 Million. In Europe this company would be valued at least 10 times that amount.

Also I am interested in how Solagran is moving along in developing new drugs. I remember reading Ropren was just the first in a series that Solagran was in the process of developing.




  Forum: By Share Code

Pendragon
Posted on: Mar 29 2011, 08:52 AM


Group: Member
Posts: 121

Did anyone call Solagran on Monday?

Are we due any results this month or anymore updates?
  Forum: By Share Code

Pendragon
Posted on: Mar 26 2011, 10:37 PM


Group: Member
Posts: 121

ferdie,

Yep, hope it is worth the wait. Like you I have held onto one stock for years and years, Cairn Energy (an English Company) and it has paid of handsomely!!!!!!!!!!!!!!!!!

On the other hand, we won't talk about my interest in Gazprom!!

  Forum: By Share Code

Pendragon
Posted on: Mar 23 2011, 08:59 PM


Group: Member
Posts: 121

Cynic,

Do not worry about sirob, he is easily led astray and sometimes he is bored and just wants to create a bit of mischief..

There is no competition.

Bit like movie piracy. Make an inferior copy and sell it to gullible people like sirob. Will have no effect on SLA's bottom line and probably be removed within a week..

Let us hope Vagif does not get hot under the collar about this and start attacking windmills. Best to ignore it Vagif.. Russia is the market and this is where Vagif needs to concentrate. The "pirated product" will only sell to those kinds of people who get caught in the Nigerian scams.

Been following this thread for a while and it seems things are starting to fall into place for SLA.

I wish SLA was based in Europe. It would be worth billions. Many large pharmaceutical companies are facing huge problems. Approvals for new drugs have fallen by 44% in the last decade and the trend continues to be down. Failure of drugs in the final stages of development have doubled in recent years. The big pharmaceuticals desperately looking for the next big seller. Would not be surprised if some of the big pharmaceuticals are not actively looking at SLA.





  Forum: By Share Code

Pendragon
Posted on: Mar 23 2011, 09:07 AM


Group: Member
Posts: 121

arty,

Totally agree with you about Isaac Asimov. Loved the Foundation series.

Would be happy if somebody could put me onto a straight SF author rather than this science fantasy/ mysticism /magic which confuses and bastardizes the genre. IMHO

The oldies did it best!!
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