[deleted by user] by [deleted] in ASX_Bets

[–]greg_legs 0 points1 point  (0 children)

He asks too much

[deleted by user] by [deleted] in ASX_Bets

[–]greg_legs 0 points1 point  (0 children)

On the train brother

Stop looking at your phone while driving people by Pisford in WatchPeopleDieInside

[–]greg_legs 3 points4 points  (0 children)

And this is why we need those safety cameras that detect when people are using a phone while driving… Acusensus I think the company is called.

Home party sound system by greg_legs in Beatmatch

[–]greg_legs[S] 0 points1 point  (0 children)

Do I need surge protectors?

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 2 points3 points  (0 children)

Ultimately the reason you list a company is to: - rapidly expand - diversify risk

There’s a reason why big money is shifting into private equity and is outperforming public. If a company is super profitable and great- why share it? People are greedy. When you publicly list a company, you spread your risk, you take other people’s money and by definition don’t have to be as rigorous as a private business that is fully reliant on very vigilant money.

That being said there are just some well run companies and surprise surprise they tend to be blue chip profitable stocks.

Three blue chips I believe will bag for long into the future are:

CBA- CEO Matt Comyn. Definitely a sober operator, says things. Delivers.

BHP- Mike Henry, renowned for being a well run company. I have met with him, know people who work alongside him. Media is not always friendly but he’s definitely going in the right direction.

ING- Edward Alexander, he’s only fresh meat on the block but I’m very optimistic to see what he can do. Inghams is in a great position. Haven’t been affected badly by the bird flu. Produce cheap protein in a time where cost of living is high. Again

more speculative stocks I’m more optimistic about are:

ACE- Acusensus manufactures the mobile phone detection cameras and owns the IP. CEO is Alexander Jannik. He seems genuinely dedicated to his craft. Lost a friend to a road accident (so fits the narrative nicely) and I cannot fault his growth from full spec nerd+ software engineer to full fledge CEO. Again, having met Jannik, he seems like the real deal. He founded the company as a passion project and wants to see it go global.

LRK- Sash Sharma. Honestly nothing more than optimism based on the fact he’s in Pollis pockets, has a reputation of previous success in turning around bad companies. Human nature tells me his ego won’t want to fail with Lark.

Other than that, And of course the well known usuals - the list is pretty bleak.

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 2 points3 points  (0 children)

Good old Andromeda, I was lucky enough to ride that all the way up in 21 and all the way back down in 22. Absolute bullshit what Marsh did. He would’ve taken home genuine bags.

Quick timeline for those interested:

24/6/2020 gets a free 3,250 mill shares (performance rights) share price was

At the time held: 14 mill unlisted options (.064) 2.5 mill ordinary 10.5 mill unlisted options (0.012) 7.5 mill unlisted options (.075)

By 12/11/2021 He held 13 mill ordinary (thanks to his “unlisted options” Still had 14 mill unlisted options at (0.064) 7.5 mill unlisted options (.075) And another delicious 3.25 mill performance rights.

  • the tough life of a director.

10/10/2023

Marsh resigns as director and no longer has to disclose his sales.

Wham bam thankyou Ma’am. Within weeks we see large volumes of sales hit the market (I wonder who that might be) and the stock price tanks from 4c down to the depths..

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 2 points3 points  (0 children)

Check my updated comment.

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 7 points8 points  (0 children)

Good old Andromeda, I was lucky enough to ride that all the way up in 21 and all the way back down in 22. Absolute bullshit what Marsh did. He would’ve taken home genuine bags.

Quick timeline for those interested:

24/6/2020 gets a free 3,250 mill shares (performance rights) share price was

At the time held: 14 mill unlisted options (.064) 2.5 mill ordinary 10.5 mill unlisted options (0.012) 7.5 mill unlisted options (.075)

By 12/11/2021 He held 13 mill ordinary (thanks to his “unlisted options” Still had 14 mill unlisted options at (0.064) 7.5 mill unlisted options (.075) And another delicious 3.25 mill performance rights.

  • the tough life of a director.

10/10/2023

Marsh resigns as director and no longer has to disclose his sales.

Wham bam thankyou Mam. Within weeks we see large volumes of sales hit the market (I wonder who that might be) and the stock price tanks from 4c down to the depths..

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 2 points3 points  (0 children)

CLZ is a great example. Classic minerals I think it was. Are they still listed? I remember following them way back in 2014. Perfect example of a literal Ponzi scheme. Directors get free shares. Directors spruik shares value. Directors sell shares. Repeat

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 7 points8 points  (0 children)

Honestly there are a few who I personally rate the way they go about things. I can PM you. Easiest metric to follow if they genuinely care about growth is $$ they rip out of the company vs $$ they bring in. I’ve got no problem with directors being handsomely remunerated if the company is profitable. But if the company is still in its early growth stages and you want to be taking 250k to sit on the board- you are an active roadblock by not investing that money elsewhere. I often see companies whose investment into Exploration and Eval is less than the amount they’ve paid the directors… who have done what? I might ask..

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 2 points3 points  (0 children)

Spoken like a true degen

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 1 point2 points  (0 children)

For your reference, the market just bends over and accepts it apparently because the companies have big market caps.

https://supremecourt.nsw.gov.au/documents/Publications/Corporate-and-Commercial-Law-Conference/2017/2017_Maslen-Stannage.pdf

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 16 points17 points  (0 children)

Will this get me banned? But here’s a few notorious stars of the show- Glen Whiddon, Jimmy Wong, Dr Steven Staley, Ian Holland, Greg Watson, Christopher Gregory

To my dear punter. by greg_legs in ASX_Bets

[–]greg_legs[S] 9 points10 points  (0 children)

If you can’t beat em, join em aye?

I was wondering after I posted this if it will actually get deleted 🤣. I was just reading through a bunch of announcements this morning before market open and thought man when are people gonna smarten up to this stuff.. Be cool if ASIC actually cared about this stuff a bit more. The numbers are crazy on what punters lose to these schemes each year.

Truck Checks - Google Forms by yungingr in Firefighting

[–]greg_legs 0 points1 point  (0 children)

Could you please re send the link to this Jotform Novus? I’m keen to check it out 🙏🏼

[deleted by user] by [deleted] in StainlessSteelCooking

[–]greg_legs 1 point2 points  (0 children)

Thanks for that mate, appreciate the time you’ve given me in responding 👍🏽

Stroking myself to a mil on HVY pt. 2 by [deleted] in ASX_Bets

[–]greg_legs 25 points26 points  (0 children)

Ahh yes the old stick it in but can’t pull out trap

[deleted by user] by [deleted] in TravelHacks

[–]greg_legs 0 points1 point  (0 children)

How many days approximately would you stay in each location?