Thursday, November 29, 2007

15 year old Kristen Byrne's take on "Global Warming"



A message for all our dopey politicians about New Zealand's moronic march towards self imposed economic disaster in the form of bending over to global warming, carbon footprints, Kyoto and Al Gore's growing bank balance.

The Left and the Greens especially, have us on a path, to NZ before the wheel was invented.

In case you haven't found it yet, let me recommend 15 year old Kristen Byrne's insightful website, Ponder the Maunder that puts all the GW bullshit into perspective.


Ponder the Maunder was an extra credit project for Honors Earth Science, Portland High School, by Kristen Byrnes of Portland Maine.

This report is a comprehensive look at the global warming issue without financial or political bias. It uses the most updated information provided by scientists and researchers and interjects common sense, an important component missing from the global warming debate.



Related 


Teenage Skeptic Takes on Climate Scientists : NPR




c Political Animal 2007

The Carbon Fairy has no clothes on

In what is clearly gearing up to be one of history's greatest financial explosions and implosion when it all inevitably collapses, is news today that the carbon trading "market" tripled in size to US$30 Billion last year.

With this market built on failed "science", lies and spruiking by the likes of wealthy green investors Al Gore and Leonardo Di Caprio, like all markets built on such flimsy backgrounds the money made, and there will be billions, will be made by those that get on the greenwagon first:

Since co-founding Climate Change Capital in 2003, James Cameron and his business partner Mark Woodall have turned their company into a powerhouse in the burgeoning global market in greenhouse gases. Driven by the Kyoto Protocol on global warming, an accord Cameron helped write, this corner of the derivatives arena is growing as never before.


Clearly, Cameron and Woodall are smart cookies but these self interested scam artists, who have written their own rules and now profit from them by "investing" other peoples hard earned cash into worthless carbon credits will be the first to withdraw their own funds when the climate change hysteria is revealed for what it is, that the sun simply getting hotter.

http://www.bbc.co.uk/norfolk/content/images/2007/02/02/carbon_footprint_400_03_400x300.jpg
A Carbon footprint recently traded on Ebay for
US$1 Million.


I am old enough to remember similar things happening during the dot com era where mum and dad investors piled into worthless "businesses" and the big boys got out first before the truth about the bulk of silicon valley Internet companies hit the investment fan.

The same thing is going to happen with the carbon trading market.


Related Share Investor Reading

Rod Oram: On the Prius to Obscurity
Another reason to ignore Rod Oram
Rob Fyfe's "Environmental Extremism"
Carbon Credit Trading puts markets at extreme risk
Mark Weldon Strikes out on Carbon Trading
Quote of the year
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead
Mark Weldon in two minds about carbon trading

Related links

Kristen Byrne: Ponder the Maunder - a 15 year old schoolgirl debunks climate change myth

From Amazon


Global Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to DeathGlobal Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to Death by Competitive Enterprise Institute
Buy used from: $3.77




c Share Investor 2007


Wednesday, November 28, 2007

Sky City sale could be off

News yesterday that Sky City Entertainment Group Ltd [SKC.NZX], which has been in play for the last 3 months, has probably only got one interested party left that wants to buy the company is music to my ears.

Reportedly there had been "several" interested parties with one, United States- based private equity TPG Newbridge Capital with Apollo Management, doing due diligence and one other "serious" bidder.

As I have ranted on before Sky City is worth a whole lot more than the rumored $NZ5.50-6 per share that has been talked about. It is a monopoly in all the markets it operates in and has some seriously good assets that have been mismanaged to the point where another party thinks it can take the company for a bargain price.

One reason cited for difficulties with parties looking over the company making offers was the current climate of fear over raising debt and the cost of that borrowing.

Shareholders will be expected to hear a definite outcome at the time of the board meeting on December 5 and 6, according to Sky City Management.

I'm still a little unclear as to when shareholders will know about the Cinema division sale because the deadline has changed so many times but as I have mentioned before the sale of this asset should return a special dividend back to owners.

The only questions that are left to answer are who the new CEO is going to be and whether he or she will have a clear direction as to where the company is going and whether he can inspire the motley crew that are currently there with their feet under the boardroom table to follow his direction.

The stock was punished on the news today with the share price down 30c to $4.90 on big volume of 25 million dollars.

Disc: I own SKC shares in the Share Investor Portfolio


Sky City Convention Centre @ Share Investor

VIDEO - Sky City Entertainment Group : Parliamentary Question related to Convention Centre
Sky City to pay for National Convention Centre
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council

Sky City Entertainment Group @ Share Investor


Share Investor's Total Returns: Sky City Entertainment Group Ltd
Sky City Entertainment Group Ltd: Presentation to Macquarie Group
Morningstar Revalues Sky City Entertainment Group
Guest Post - Michele Hewitson Interview: Nigel Morrison
Failed Sky City bid for Christchurch Casino good news for Shareholders
Sky City Entertainment Group Ltd: Christchurch Casino bid falls short of Investment Criteria
Sky City Entertainment Group Ltd: Never mind the width feel the volume
Sky City Annual Meeting & 2011 - 2012 Profit Forecast
Stock of the Week: Sky City Entertainment Group Ltd
Sky City set to lose National Convention Centre bid
Sky City Entertainment Group: Australian Acquisition on the Cards?
Sky City Entertainment Group Ltd: 2010 Full Year Profit Analysis
Sky City Entertainment Group 2010 Full Year Profit Preview
Chart of the Week: Sky City Entertainment Group Ltd
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Share Investor Q & A: Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
Sky City Entertainment Group Ltd: Download full Company analysis
Sky City 2010 full year profit looking good
Long Term View: Sky City Entertainment Group Ltd
Sky City Entertainment: CEO Nigel Morrison discusses 2010 Half Year
Sky City Entertainment Group 2010 Interim Profit Review
Sky City to focus on Gaming
Sky City debts levels now more manageable
Insider Trading on Sky City shares
Sky City Profit Upgrade: Always on the Cards
Sky City's Current Cinema "Boom" a Horror Story in Disguise
Stock of the Week: Sky City Entertainment Group
Are Insiders selling Sky City Stock?
Sky City Entertainment 2009 Interim Result Preamble
2008 Sky City profit analysis
Sky City share offer confusing and unfair for smaller shareholders
Sky City Entertainment 2008 Full Year profit results , NZX release, 2008 full year presentation, result briefing webcast, financial statements
Sky City 2008 profit preamble
Sky City outlines a clear future plan
As recession bites Sky City bites back
Sky City Assets: Buy, sell and hold
Why did you buy that stock? [Sky City Entertainment]
Sky City Share Volumes set tongues wagging
Sky City half year exceptional on cost cutting
NZX Press release: Sky City profit to HY end Dec 2007
Sky City Cinemas no Blockbuster
Sky City Entertainment share price drop
New Broom set to sweep
Sky City Management: Blind, deaf and numb
Sky City sale could be off
Opposition to takeover
Premium for control
Sky City receives takeover bid
Sky City Casino Full Year Profit to June 30 2007
Setting the record straight
Sky City CEO resigns
Sky City Casino: Under performing
Sky City Casino 2007 HY Profit(analysis)
Sky City Casino 2007 HY Profit


Discuss SKC @ Share Investor Forum
Download SKC Company Reports

Recommended Amazon Reading

The Intelligent Investor: The Definitive Book on Value Investing. A    Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $6.99
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Fishpond


c Share Investor 2007


Christchurch March against EFB: Report

The piece below was written by Andy Moore and republished at Political Animal with his permission. From the NZ Debate Blog

Proving that even South Islanders have some passion left! Good on Andy and the rest there today.



Approximately 350 people turned out in Christchurch today for the march against the Electoral Finance bill. Starting at 1:00pm at Victoria Square, we followed Bob McCoskrie of Family First, John Boscawen and a Korean War veteran, winding through the streets of the inner city, on the way to Cathedral Square.

Two of us carried blank signs, reference to the fact that if the EFB passes into law, it may become necessary for people to protest with blank placards to avoid being fined or imprisoned simply for speaking out against the Government or a particular party!

John Boscawen spoke powerfully against the bill, and passers by stopped and joined the rally. Next, Bob McCoskrie brought people's attention to the seriousness of the bill - and also paid tribute to John for the time and money he has put into the fight so far. Then we heard from a lecturer from Canterbury University who's main and most excellent point was that...

"This bill makes it a lot harder for the challenger, and easier for the incumbent Government."

An excellent point, which only then really hit me. Of course, it is obvious that Labour is pushing this bill through as a last ditch attempt to steal the election in 08 - I just didn't quite understand how. But the statement above puts it pretty simply and accurately. I will be looking round for an audio version of his speech.

At about 1:30pm we finished up with a round of applause.

A table had been run at the starting point in Victoria Square, and then in Cathedral Square to gather signatures for the petition calling for a referendum on the question: "Should a smack as a part of good parental correction be a criminal offence in New Zealand?"

Click here (www.unityforliberty.net.nz) for more info on the fight against the oppressive new anti-smacking law, yet another arm of Nanny State.