RIN - Rinker Group

Freeballinginawetsuit · 21 September 2006

Realist said:
So you missed the dividends, owe tax, and paid alot of brokerage!!

I do wonder about you..

What else have you bought or sold recently?

Gee Realist, I make more in a week than you make in a year, your whole portfolio is probably pocket change for me.

The dividends in MRE were bugger all! and I bought back in 40 cents lower than what I sold at.

My shares are traded in a company trust fund and the brokerage on my transactions is peanuts.

Indeed it is you that is the worry Realist, you are probably the same age as me, but you are a know it all!. I'm a self made millionaire and your a renter, who works for someone else and probably only has 300k in shares.

Wake up to reality, you have a long way to go, you do show a bit of spirit though!

I'm ahead on all trades in the last two weeks. I am behind on my PDN buy of yesterday though.

Fab · 21 September 2006

Freeballinginawetsuit ,

If I can give my fifty cents on your comments, I would say they don' t really help and having a trust does not mean you have special skills in trading shares, I don't know if your comments or true or not either. Anyway, what is of interest to us is valuable comments on specific shares which will help all of us make money whereas you are a millionaire or not does not really matter much.

Freeballinginawetsuit · 21 September 2006

Fab said:
Freeballinginawetsuit ,

If I can give my fifty cents on your comments, I would say they don' t really help and having a trust does not mean you have special skills in trading shares, I don't know if your comments or true or not either. Anyway, what is of interest to us is valuable comments on specific shares which will help all of us make money whereas you are a millionaire or not does not really matter much.

True, Realist is just getting my goat a bit. Stuck in his ways and never open to opinion!. Typical young smart ****.

Realist · 21 September 2006

Freeballinginawetsuit said:
The dividends in MRE were bugger all! and I bought back in 40 cents lower than what I sold at.

The lowest MRE has been this month is $3.38. And I doubt you hit that exact mark!

The Dividends were 12.5 cents

And the current price is $3.52

Do your maths. Add in brokerage and tax.

Whatever way you look at it you were wrong, you've lost quite a bit of money.

I'm a self made millionaire and your a renter, who works for someone else and probably only has 300k in shares.

Depends on how you look at things, others may see you as a pool cleaner from a hick town.

Realist · 21 September 2006

Freeballinginawetsuit said:
The dividends in MRE were bugger all! and I bought back in 40 cents lower than what I sold at.

So you sold MRE at exactly $3.80 the all time high it had been in the past 10 years, and it was this price for a matter of minutes.

Then you bought back at $3.40 where it hit the monthly low once.

Your timing is amazing. You hit every high and low exactly and tell us about them a few days later.

I see you bought Dow in the 2 minutes it hit $5.18 in the past 12 months as well.

And you are a self made multi-millionaire...

what other stories do you have?

I'll give you one,l I managed to buy AUM for 20 cents and sold it for $10.

barney · 21 September 2006

C'mon now guys I'm not trying to take sides here but..........My 2 bobs worth (probably only worth 2 cents but thats the "lot" of a newbie )..............Anyone who puts as much " money where their mouth is" as F/B deserves respect...........As far as missing 4-5% dividends on a stock, I dont see a problem if he "turns" the stock over a few times a year and makes 20-30% (maybe more)..........gotta be happy with that.....hope I can get to the stage where I pay "too much" brokerage! .........I'd be as happy as a pig in .........(you know where!)

Realist · 21 September 2006

barney said:
C'mon now guys I'm not trying to take sides here but..........My 2 bobs worth (probably only worth 2 cents but thats the "lot" of a newbie )..............Anyone who puts as much " money where their mouth is" as F/B deserves respect...........As far as missing 4-5% dividends on a stock, I dont see a problem if he "turns" the stock over a few times a year and makes 20-30% (maybe more)..........gotta be happy with that.....hope I can get to the stage where I pay "too much" brokerage! .........I'd be as happy as a pig in .........(you know where!)

Fair enough.

I apologise..

If we all traded the same or thought the same the sharemarket would not work, and this bored would be rather boring...

Freeballinginawetsuit · 21 September 2006

Realist said:
So you sold MRE at exactly $3.80 the all time high it had been in the past 10 years, and it was this price for a matter of minutes.

Then you bought back at $3.40 where it hit the monthly low once.

Your timing is amazing. You hit every high and low exactly and tell us about them a few days later.

I see you bought Dow in the 2 minutes it hit $5.18 in the past 12 months as well.

And you are a self made multi-millionaire...

what other stories do you have?

I'll give you one,l I managed to buy AUM for 20 cents and sold it for $10.

Actually I sold in parcels over 3.70 and bought in at $3.28 to $3.32, a bit to slow to get it when it hit $3.22 you wally. MRE is weak on the boards so you can't do to much at once!.

MRE touched $3.22, you are wrong again.

I did buy AUM at $2.30 and sell it 'all over the 6 dollar range', two days later, a stressful few minutes. lol

Realist just face it mate, your one of those minnows in the ocean! .

pacer · 21 September 2006

What the hell has this all got to do with RIN......post on RIN......or keep most posts with a degree of separation...you all should know better! stop the spam!

Oh, bought 3000 MBL the other day....happy!...I am!.....

noirua · 22 September 2006

A little bit of help from Dr Marc Faber on the US property market: http://www.ameinfo.com/96271.html

By golly we need it, even if it's only mildly bullish, the best we've had of late and from the great forecaster.

barney · 23 September 2006

pacer said:
What the hell has this all got to do with RIN......post on RIN......or keep most posts with a degree of separation...you all should know better! stop the spam!

Oh, bought 3000 MBL the other day....happy!...I am!.....

Funny P-man,

Hey, I reckon if you can afford to buy 3000 MBL, you should be able to loan me a measly $50,000 ...........(Interst free of course )...........RIN looks to be still drifting south atm...........hows that P; back on topic!

Realist · 23 September 2006

RIN was down 1.6% on the NYSE overnight.

So will be in for a bad Monday as well.

Still it has pretty much hit its bottom, and yes you can quote me on that. Its just a waiting game now....

noirua · 23 September 2006

I'm starting to feel happier about Rinker despite the big fall. Note post 3 on the "Business Radio and Video" thread.

3 veiws of a secret · 23 September 2006

noirua said:
I'm starting to feel happier about Rinker despite the big fall. Note post 3 on the "Business Radio and Video" thread.

'Noirua ' your on your own with RIN you seem convinced this share has more value then the shekel.....tell me I'm not a rogue trader when it comes to RIN ,but I need positive posts & announcements ,if I'm to buy more into RIN .

noirua · 25 September 2006

3 veiws of a secret said:
'Noirua ' your on your own with RIN you seem convinced this share has more value then the shekel.....tell me I'm not a rogue trader when it comes to RIN ,but I need positive posts & announcements ,if I'm to buy more into RIN .

Yes 3v.o.a.s, it's a bit like grabbing hold of a passing log in the river, not clutching at straws as yet, as we wait for the companies presentation, due this week.

RIN seem in an increasing hurry to buy-back the 45 million shares and should complete by December 06, rather than July 07. Bought back, 2,310,000 shares last week - 36,550,000 to go.

The obvious worry is what forecast Rinker will give if the housing market falls in accordance with the worse forecasts. I don't think the fall will be all that much and I go along with Guru, Dr Marc Faber, see the link No 250 above.

noirua · 27 September 2006

Onwards and upwards. Well that might happen again after a 40 cent rise to $13.15 this morning. The presentations to be made this week by Rinker should help regain some confidence in the short term.

Halba · 27 September 2006

Yes good management

They have established the theme that "we're not just housing" but are expanding into non housing sectors which are very very strong right now in the US (i.e. boom conditions)

I'm wayy down on paper on this one. I hope to recover my money if the boom conditions in infrastructure in the US continue...RIN will go back to $17 if thats the case as its a strong cash-flow company

Realist · 28 September 2006

$13.68 now.

Was $12.60 this week. Up 8.5%

GreatPig · 28 September 2006

Realist said:
Up 8.5%

Compared to the 13%-odd fall earlier this month

If you bought then around $14, you'll soon have your money back at this rate...

GP

Julia · 28 September 2006

RIN is a good example of how the SP is not dependent on the quality of the company and is why I don't get too carried away with enthusiasm when someone talks about buying a company on which they have done all the research and concluded it is "undervalued" and therefore must make them money.

All it takes is some negative housing data to come out of the US and the SP plummets, then some more positive data is released, and woop de doo, the SP takes off again.

The company hasn't done anything differently in the meantime, except possibly to point out that their business is not entirely dependent on US housing.

Julia

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