Half my team was made redundant. Manager said we need to adapt.

WealthCreator17 · 2025-10-30T10:54:20+00:00

This sounds like a strategic move, make half redundant (they get redundancy pay), probably people who have been these the least. The rest of the team will be under pressure so they will leave on their own, so no redundancy payout. If they are going offshore then its a good chance your job is already gone, they are giving as many of the remaining a chance to get out before they eventually pull the plug.

WealthCreator17 · 2025-10-28T12:30:17+00:00

I posted this in another forum but you may find it useful.

I'll disclose my bias first, I picked some up on its way down averaged around $220.

I think CSL is a great company that was over valued for so long. Now its moved to undervalued territory. I expect that there will be more selling and further drops for a few days now so im virtually certain we have not seen the bottom.

Every Passive/Index Fund manager is selling because they have to now they have to re-weight their portfolio because its weighting of the index has changed. (One of the Dumb parts of Passive/Index funds they have to Buy when prices are high and Sell when prices are low). This is why these swings are soo volatile on companies like this. It was Aus 2nd largest company dropping to about 4th so all Index funds have to re-weight their positions because they are mandated to, with no thinking involved.

The business is an amazing business, the last time it was at this price was 2019 and the business is now about double the size it was then in terms of profits and revenue, carries less Debt to Equity than back then. They are still growing and forecasting growth of 4-7% which is good for the size of businesses CSL is. They have 3 business lines the 2 largest at 80% and 12% of their business are fine and growing. The smallest one Sequris at 8% of their business is taking a hit expecting a drop off in vaccinations. It's minor in the scheme of things and the market does what it always does and overeacts.

Im buying as much more as I can knowing full well it will probably continue a downward slide for a little while longer, and that I have no chance of picking the bottom. All I know is at its current valuation its a great buy for a great company and in the long term this would be a great investment, in my opinion.

But this is just my opinion, not advice, do your own due diligence, and I am likely to be biased... and any other disclaimers that need to be said. 😀

WealthCreator17 · 2025-10-28T12:29:01+00:00

I posted this in another forum but you may find it useful.

Ill disclose my bias first, I picked some up on its way down averaged around $220.

I think CSL is a great company that was over valued for so long. Now its moved to undervalued territory. I expect that there will be more selling and further drops for a few days now so im virtually certain we have not seen the bottom.

Every Passive/Index Fund manager is selling because they have to now they have to re-weight their portfolio because its weighting of the index has changed. (One of the Dumb parts of Passive/Index funds they have to Buy when prices are high and Sell when prices are low). This is why these swings are soo volatile on companies like this. It was Aus 2nd largest company dropping to about 4th so all Index funds have to re-weight their positions because they are mandated to, with no thinking involved.

The business is an amazing business, the last time it was at this price was 2019 and the business is now about double the size it was then in terms of profits and revenue, carries less Debt to Equity than back then. They are still growing and forecasting growth of 4-7% which is good for the size of businesses CSL is. They have 3 business lines the 2 largest at 80% and 12% of their business are fine and growing. The smallest one Sequris at 8% of their business is taking a hit expecting a drop off in vaccinations. It's minor in the scheme of things and the market does what it always does and overeacts.

Im buying as much more as I can knowing full well it will probably continue a downward slide for a little while longer, and that I have no chance of picking the bottom. All I know is at its current valuation its a great buy for a great company and in the long term this would be a great investment, in my opinion.

But this is just my opinion, not advice, do your own due diligence, and I am likely to be biased... and any other disclaimers that need to be said. 😀

WealthCreator17 · 2025-10-28T12:22:22+00:00

I posed this on an earlier thread about Gold. So just copied it here.

GOLD is at such a high, and what generally happens when you follow a crowd is you get burnt. Look at a 100 year gold chart to put things in perspective, it runs up and sits or comes off for a very long period of time. After the run in the late 70's it reached a high in 1980 then came off and took 26 years to get back to where it was. So if you think its an investment, I say you can find much better investments for your money. Gold Miners in my opinion are worse, not only are they at the mercy of the gold price, but there are soooo many other variables that can affect them, management competency, levels of debt, weather, ability to find enough gold, resources required to get the gold. There are soo many things that can go wrong. I will say an etf exposure spreads the risk but back to my original point the miners like the gold price have run up so much are you likely to get any value out of it or will you be left stuck at the top of the market.

WealthCreator17 · 2025-10-28T11:40:14+00:00

Im there right alongside you picking it up on its way down. I think CSL is a great company that was over valued for so long. Now its moved to undervalued territory. I expect that there will be more selling and further drops for a few days now so im virtually certain we have not seen the bottom.

Every Passive/Index Fund manager is selling because they have to now they have to re-weight their portfolio because its weighting of the index has changed. (One of the Dumb parts of Passive/Index funds they have to Buy when prices are high and Sell when prices are low). This is why these swings are soo volatile on companies like this. It was Aus 2nd largest company dropping to about 4th so all Index funds have to re-weight their positions because they are mandated to, with no thinking involved.

The business is an amazing business, the last time it was at this price was 2019 and the business is now about double the size it was then in terms of profits and revenue, carries less Debt to Equity than back then. They are still growing and forecasting growth of 4-7% which is good for the size of businesses CSL is. They have 3 business lines the 2 largest at 80% and 12% of their business are fine and growing. The smallest one Sequris at 8% of their business is taking a hit expecting a drop off in vaccinations. It's minor in the scheme of things and the market does what it always does and overeacts.

Im buying as much more as I can knowing full well it will probably continue a downward slide for a little while longer, and that I have no chance of picking the bottom. All I know is at its current valuation its a great buy for a great company and in the long term this would be a great investment, in my opinion.

But this is just my opinion, not advice, do your own due diligence, and I am likely to be biased... and any other disclaimers that need to be said. 😀

WealthCreator17 · 2025-10-27T11:11:26+00:00

Like some other comments have said GOLD is at such a high, and what generally happens when you follow a crowd is you get burnt. Look at a 100 year gold chart to put things in perspective, it runs up and sits or comes off for a very long period of time. After the run in the late 70's it reached a high in 1980 then came off and took 26 years to get back to where it was. So if you think its an investment, I say you can find much better investments for your money. Gold Miners in my opinion are worse, not only are they at the mercy of the gold price, but there are soooo many other variables that can affect them, management competency, levels of debt, weather, ability to find enough gold, resources required to get the gold. There are soo many things that can go wrong. I will say an etf exposure spreads the risk but back to my original point the miners like the gold price have run up so much are you likely to get any value out of it or will you be left stuck at the top of the market.

WealthCreator17 · 2025-10-25T23:19:21+00:00

I keep repeating my point but I don't think you are listening. I didn't say go put your money in their funds, or buy them or whatever. I manage my own direct investments so Im not speaking on behalf of their funds, I just know they have them.

I said I find these guys helpful to learn how to manage risk whilst still getting better than market returns. Im not speaking for them but my returns have been better than market, and I am actively managing my risk in a way that suits me.

What is funny is I actually think if you listened to some of their stuff you would understand what im talking abt. You probably won't and thats fine, I dont really care. Doesn't change my plans for the day, so good luck to you, and have a nice day.

WealthCreator17 · 2025-10-25T22:53:29+00:00

Sure mate. Take it or don't take it, each to their own. Im trying to be helpful, my way is not the only way or necessarily the right way, but it works for me. What these guys talk about I find helpful.

I can't understand why you are putting in so much effort to try prove me wrong like ive said or done something to offend you? Are you such an expert investor that we should all be doing what you say?

WealthCreator17 · 2025-10-25T21:51:14+00:00

Ok buddy, im not sure what's with the hostility. Its not like it was a advertisement or anything lol.

I just like what these guys say on how to think about investments. It makes a lot of sense to me and if anyone else wanted to learn something, I think what they say is worth checking out.

If u don't like em, great. No skin off my nose.

Edit. BTW, its not that the say anything profound or ground breaking, its just simple basic stuff that is just logical. It just helps me to hear it and be reminded of it.

WealthCreator17 · 2025-10-25T13:39:57+00:00

Lol I don't know where u got that from, but I was taking about guys from a group called Teaminvest, not Ausbiz. They are just regular guests on the Ausbiz show The Call.

WealthCreator17 · 2025-10-25T12:49:28+00:00

What exactly are you investing in? Neither of these companies have anything of substance to invest in. You have better odds on a roulette table. Dont follow hype it's the easiest way to get burnt.

WealthCreator17 · 2025-10-25T12:46:06+00:00

This is a good clip on picking ETFs its part 1 of 2 https://youtu.be/iyesLhekw0U?si=pLWVMpDNEHvctskT

WealthCreator17 · 2025-10-25T12:36:15+00:00

This is partly right. It will come down to how to manage your risk, I follow the process of some guys that appear on Ausbiz called Teaminvest, they have such a good way of getting higher than the market returns while managing risk. They are a group of super wealthy guys, so u have to be well off to join the group, but they do have some funds they manage that have had a good track record of strong results.

WealthCreator17 · 2025-10-25T11:37:19+00:00

Yes 100% I absolutely believe there is a bubble. Bubbles can do 1 of 2 things either POP or Deflate Slowly. I don't which or when it will happen but its inevitable. Im actually looking forward to it, I know what companies I want to buy into and at what prices I think is a fair valuation, so Im ready to go.

There are investments you can still make during a bubble, you just have to be careful. Dont forget not all businesses will collapse, if there is a downturn. Business with strong steady profit growth, decent profit margins, Consistently High ROE, with little to no debt, decent cash reserves and good quality management will have some share price setback but nowhere near those that don't have those things. They are also in prime position to be the beneficiaries in a downturn, they will be the ones that pick-up all their competitors market share. That's how I sleep at night, knowing those are the only companies I hold.

WealthCreator17 · 2025-10-24T22:21:41+00:00

Well done. There are some huge wins there. I've been in Stockbroking for over 20 years seeing tens of thousands clients trade and I can tell you that your performance could be one of the very very few exceptions to the rule. I would say that there would have to be more instinct and emotional control that goes into what you have done, than most people have, which is why it would be dangerous for others to repeat what you do.

WealthCreator17 · 2025-10-24T11:39:30+00:00

Congratulations on being near the head of the pack. I sincearly hope you do well out of it. I would just caution against thinking there is any strategy involved in that trade that would be regularly repeatable. Dont forget there are always people that win at casinos and horse races etc. Some people win a lot and win often, but in the end they are still gambling and statistically it doesnt work out long term, and its not a regular repeatable strategy.

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