Search results

On my shopping for stocks is my only current shareholding Credit Corp (CCP). Its Australia's largest debt collection company. Its continuing to post record profits year after year and I expect to see good earnings growth in the next 2-3 years. Its currently trading in the $9+ range. If it drops...

Hi, Currently I'm looking to change accountants for myself and my parents as our current accountant (my parents and I use the same one) is unsatisfactory. We live in Sydney and want an accountant based in Sydney who is knowledgeable, gives good service and doesn't charge an arm and a leg...

Good to see a few individuals on this forum discussing ASX listed companies that actually generate a profit, unlike all the speccy mining rubbish.

I know this sounds harsh but anyone who bought this stock deserves to lose money. I don't know why silverstackers members seem to be enamoured with underperforming (often loss making mining companies). Even Rick Rule when visiting Australia said 80% of our mining sector is valueless. Unless you...

I'm not sure Yippee I could be wrong.

G.P. are you saying if you pay a bullion dealer by bank transfer they don't have to report purchases above $5000? Is record keeping/id only for cash transactions above $5000? Although any bank transaction of $10,000 will be flagged in the Austrac database which could eventually come back to bite...

Are 1kg Gold Pamps liquid in the secondary market on the silver stackers trading forums. If I want to buy a 1kg gold PAMP or Perth Mint bar from another forum participant (not a dealer as I don't want my purchses recorded/reported) on the secondary trading market on silver stackers how easy is...

I wouldn't touch NCM with a bargepole. As shown on a recent episode of inside business they have had 7 downgrades to either production and or profits in the last few years. Until the management re-shuffle is complete (its currently run by a bunch of morons) and production and profits start...

Clawhammer the coffee shop was just an example it could be any sort of business really. A bloke my mum knows owns a King of Knives franchise that traded for many years before he bought it. He doesn't spend too much time working in the business and goes on holidays for months at a time and leave...

Hi, I just wanted to get people's thoughts on purchasing a small business run 'under management'. For example lets say a large coffee shop which has a manager running it, with the owner just visiting now and then to make sure things are running smoothly. Let's say the business makes $150,000...

Big A.D. you seem to be somewhat knowledgable on the topic, what do you think of the nant whiskey barrel investment program? 6.5-7.0% (after adding GST to purchase price) isn't a particularly high rate of return). Is it something you would ever consider and would you consider it to be high risk?

Bordsilver if you look at their website the company is selling each bottle of whiskey for a minimum of $125 per 500ml bottle (all the way up to $295 per 500 ml bottle) therefore the current retail price is a minimum of $250 per litre. I guess it all depends on how much you expect the retail...

Its 3 x 100 Litre barrels for $13,750 ($12,500 + $1250 of GST). Therefore the price is around $46 per litre. Yes if you want to get it bottled at the end you will have to pay a fee. However you will not have to pay bottling, logistics or duty fees if you sell it back to the company. While $46 a...

I know investing in Whiskey barrels has been discussed on the forum before. I wanted to know what everyone thinks of the offering from Nant distillery in Tasmania?:| http://nantdistillery.com.au/barrel-sales/ At the end of the maturity period even if the company goes broke and doesn't buy back...

No I didn't buy Macquarie Bank. As a rule I don't invest in banks, investment banks or insurance companies as I find them to be far too risky, too opaque and too complicated.

Matthew compare the DOW and the All ordinaries both in Australian dollar terms and you will see most of the performance differential will dissapear. i.e. U.S. shares have not gone up per se rather the U.S. dollar has gone down. Also Australian corporate profits have been weak, whereas U.S...

For those interested in turnaround stories. Hills Holdings (HIL) an industrial mini-conglomerate and the maker of the iconic Hills Hoist (amongst many other products) has had a terrible few years with its earnings falling and its share price languishing near multi-decade lows (currently around...

Nonrecourse for most people in most circumstances buying an established is less risky than starting your own business. Whether its buying shares in Woolworth's or buying the best local coffee shop in your neighborhood that's always packed and has a great reputation, or putting some equity into a...

Negative gearing, business deductions, etc are all fine to profit from history shows that governments can change their subsidies or favored treatments of industries and individuals on a whim. Just look at what happened to the solar industry after the government reduced solar subsidies they...

Rennovator I think you've got things backwards. Our dollar declining would be caused by a withdrawal of foreign capital. Foreign capital flows drive our dollar not the other way round as you suggest. Yes eventually if our dollar stays weak for a prolonged period of time that could attract...