Recent content by Pom

It sounds like they assigned the lease multiple times during a 7 year term which isn't uncommon. The $100 - $200k is likely to be the sale price for the business as a going concern plus equipment, machinery fitout, stock etc. Its not necessarily a premium paid to "buy" the lease, although it...

1. Do you actually have a lease yet or are you currently negotiating the lease for the initial term? If initial term - fees are negotiable and in this market each should bare own. 2. If you already have a lease and you are talking about legal costs to draw up a new lease for an option...

Well, made a 20%+ total return 2012 so I guess the answer was yes. Hoping for a similar result in 2013 if IRs continue to track downward.

I suggest you re-read the thread. Sunfish: ASX has underperformed Dow due to big 4 banks and 2 x resource stocks. Redwing: Quotes bank stocks and resource stocks he has invested in showing good returns. Sunfish: Means nothing without dates. Pom: Quotes recent bank purchases dates...

Nothing. Whats wrong with someone else giving examples with dates as well?

Its an open forum and i'll post what I like when I like. Sorry your bank crash fantasy hasn't worked out for you. Deal with it.

No - your statement was generic and didn't seem directed at anyone in particular.

NAB purchased mid February 2012 $22.86. Close 23 March $24.35 = 7% ANZ purchased mid January 2012 $20.60. Close 23 March $22.74 = 10.5% Not setting the world on fire but not bad in a month or two.

Because they also invest in shares:rolleyes:

Well, my picks are fairing pretty well so far - particularly QBE where i'm up 30%+. All are in positive territory. I'm newish to shares and particularly the Aussie market so i'd appreciate peoples thoughts on specific stocks for 2012. That way I don't have to research 200 companies and I...

Have they installed an a/c units? Pressure release valve etc?

Ok, as its the weekend - you're right.:D

My "socialistic" views were in reference to this original post from Ausprop: "too much hurt in the economy to keep rates steady. I don't think anyone expected the resources boom to crowd out the other industries to the extent it has. The RBA is cognitive of this but doesn't appreciate it on a...

You are not an omnipotent arbiter and as such can't make a definitive judgment.

I think if you view my points in "relative" terms, that is, relative to other resource rich areas of the world, they are all sound postulations.