Thursday, October 16, 2008
LIVE STREAMING: Third Presidential Debate: Hofstra University, Hempstead, NY, 15 Oct 2008 (UPDATED)
Posted by Share Investor at 7:32 AM 0 comments
Labels: LIVE STREAMING: Third Presidential Debate Hofstra University Hempstead NY 15 Oct 2008 (UPDATED)
Sucking Lemons
Posted by Share Investor at 7:08 AM 0 comments
Labels: John Key VS Helen Clark
Sore loser Clark lacks class
When you lose anything you simply suck it up and take it like a man or half a man in Helen's case.
"What I meant was he was having a tantrum he was completely out of control trying to shout me down..."
Another reason he couldn't out shout her was that he didn't have a "voice advantage".
When backed into the losing corner Clark is juvenile, insipid and clearly lacks the class to be a "good loser", the mark of a seasoned politician and a decent, honest, civil person.
She brings all these qualities to her leadership and New Zealanders deserve much better.
Like the good socialist that she is she blamed everyone else but herself.
The format, Johns voice, his inexperience, the questions and the "lack of moderation" were all to blame for her poor showing and Keys dominance.
Not her poor record in government or lack of social skills.
Pathetic.
c Political Animal 2008
Posted by Share Investor at 12:01 AM 0 comments
Labels: John Key VS Helen Clark, Oct 14 debate
Revisiting Telecom New Zealand
I have been a much vocal basher of Telecom New Zealand [TEL] for a long time.
It has been poorly managed for more than a decade; management didn't invest in the company, they despised their customers, often purchased the wrong technologies and have been reactive rather than proactive to competition, especially to their main mobile competitor Vodafone.
While all this has happened, the share price of the company has slid from a high of nearly 10 bucks NZ to $2.42 at close of the NZ stockmarket today.
The 2009 net profit could be as low as NZ$485 million, after a $713 million profit for the 2008 year.
The company is faced with big upgrade costs to modernise their aging fixed line network, their mobile capability and the roll out of a decent broadband offer.
All this negative news, in conjunction with current global market volatility, is clearly going to put further pressure on the share price and we are likely to see a market price closer to 2 bucks before we see the share price go above $3.
I don't say this because of my Telecom bias, I simply mention it because there are currently fundamental reasons why the stock price should slide.
All is not lost though!
If one has the testicular fortitude to buy the stock as it gets closer to 2 dollars, one could well be rewarded when the capital investment starts to pay off.
Telecom isn't about to go out of business-people will always need to communicate- it will still pay a reasonably healthy dividend and a culture movement towards helping their customers will eventually hit home.
It is well worth a punt.
From Amazon
Managing the unmanageable: with 43,500 Intranet pages to oversee, Telecom's manager information services, Sally Myles, manages what is probably New Zealand's ... sities ): An article from: NZ Business
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c Share Investor 2008
Posted by Share Investor at 12:01 AM 0 comments
Labels: Telecom New Zealand