StockTalk

Quote from: winner (n) on Today at 10:19 AMI understand that about 75% of homeowners would prefer wool in their homes,...but 75% are not purchasing wool ...synthetics instead
 
They should have known this but a bit sad that carpet retailers had to tell them this

Never mind Chief Product Officer leaving next week

And raving about this new hybrid supply chain what can go wrong

Just for the record - we did prefer wool, and we did buy wool. Just not from Bremworth.

oh dear is that why the share priced failed to move on up...

truly pathetic if that is the state of the nation....

now for a proper car review... much more interesting than the brain less viewers on TT..

https://www.youtube.com/watch?v=o0WR6rYxUaw

Quote from: BlackPeter on May 14, 2025, 05:27 PMWe had a carpet project in 2023. While the quoted Bremworth carpet looked good, We found a very similar look and quality for about 2/3 rd of the Bremworth price.

Guess which carpet we choose? Ah yes, this is why their revenue keeps dropping.

I understand that about 75% of homeowners would prefer wool in their homes,...but 75% are not purchasing wool ...synthetics instead
 
They should have known this but a bit sad that carpet retailers had to tell them this

Never mind Chief Product Officer leaving next week

And raving about this new hybrid supply chain what can go wrong

The death knell of Being AI?....info sneakily released to NZX late Friday evening ...

Resignations and termination of Treehouse project.

https://www.nzx.com/announcements/451790

plus 11 mill shares traded for zero $'s etc etc.....Deck chairs on the Titanic being shifted for the last time.

Quote from: Greekwatchdog on May 16, 2025, 01:52 PMFor past 3 weeks we have had some sizeable volume go thru and seen a incremental increase in share price. There has been no speeding tickets from either exchange which surprises me somewhat.

Whilst I have not read the Bus Desk (nice surprise to see) article the stars are starting to align with what our own research says

There has already been takeover talk. For Bar think $1.80. I suspect it may need to be more than that as I expect IKE will be very close to making money 2nd half 2026.

Going to be a fascinating next 12+ months holding this stock assuming there is not a successful takeover in the interim.

Agree....As a longer term investor, a quick profit on a takeover would be nice,  but I would prefer IKE is not taken over. I would much rather ride the successes with IKE on the assumption that the shares will be worth much, much more than the takeover offer in 2 to 5 yrs.

Nice to be 'well positioned' either way.

Fair enough mate that you pick a time frame that suits you and 10 years is a decently long time frame.

I didn't cherry pick, All I did was look at each of the trio from the date each company first started it's 2% quarterly dividends to now. That tells the story over the longest possible time frame for each company in the group.  You could make a case that the most recent 10 years of performance is the most relevant and I accept there's a fair bit of validity behind that point of view and I concede, I often make the case on here that the most recent years performance is the best guide to the near future.  I was just really curious this morning how things had worked out over the long haul, hence why I crunched the numbers..  All good, good debate and food for thought for others as to what's the right timeframe for their thinking.

now lets look at it in real terms for this investor, on the days I entered my BRM share holding (Oct 23) I paid 64 cps to 68 cps with an average of 66 entry point, during the same period KFL was trading at 1.23 to 1.29 so lets call it an ave of $1.26.
Today BRL sp is 70 cps giving me a gain of 6% plus all the divi's @ 8%
Today KFL sp is 1.34 which would have been a gain of 6.3% plus all the divi's@ 8%.
So really nothing in it for my holdings but as above shows, BRM has a superior 10 year return to KFL.

Basil me thinks you are cherry picking accounting
lets look at the last 10 years results.
BRM trading on this day 10 years ago closed @ $67 cps, today trading at 70cps (profit) plus the 8% yearly after tax  divi
KFL trading on this day 10 years ago closed $1.38 cps, today trading at 1.34 cps (LOSS) plus the 8% yearly after tax  divi.
 

Hey Dolcile, there's a truck load of information on Kingfish's website https://kingfish.co.nz/investor-centre/.  Time doesn't permit me to do a detailed study of variances in income level's over the years, suffice to say I am happy over the long run dividends are keeping up with inflation.

I think its also probably worth noting that as dividends are paid based on NAV, if you get your timing right and buy at say a 7% discount, your net dividend becomes 2% / 0.93 = 2.15% per quarter.  You can further boost this by taking shares in lieu of dividend at a 3% discount so that 2.15% becomes 2.15 / 0.97 = 2.2165% tax free per quarter. 2.2165% compounds quarterly to be worth an annual return of 9.165%.  For 33% taxpayers that's worth 9.165 / 0.67 = 13.657% gross.  The value of free warrants issued from time to time is additional to that.    Each hundred thousand of capital invested generates $9,165 tax free per annum that is likely to go up with inflation.  Pretty cool don't you think?

Quote from: Dolcile on May 16, 2025, 01:50 PMFor KFL I guess you wouldn't be happy if you purchased in 2021 and have seen the share price and dividends drop roughly 30%.

Yes but you would be particularly happy if you bought in six weeks ago at 1.19.