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woops a bit late but no I haven't been following it for more than 2 years ...I used to made a few profitable trade out of it but I found this business is too risky to trade and decided no go zone...

it is a tough business as I dig deeper, they have many many independent contractors working for them
and I reckon it is a night mare to control these lot because the margin is too low....and these contractors just
take the next best price ...so they come and go and if SSM doesn't offer decent work they wont take it up...

that combine with not many people has fibre skills it add to trouble so I decided to exit....
the delay of NBN roll out and NT pull our pretty much confirmed my research....so good I got out

this is my last entry

buy 30/04/2010 at 30.05
sold 8/03/2011 at 64.5

I do exit stock if I discovered information doesn't stack up against my initial criteria after I buy them...Phil Fisher style when to sell...

<blockquote data-quote="ROE" data-source="post: 761910" data-attributes="member: 6438">woops a bit late but no I haven&#039;t been following it for more than 2 years ...I used to made a few profitable trade out of it but I found this business is too risky to trade and decided no go zone...it is a tough business as I dig deeper, they have many many independent contractors working for them and I reckon it is a night mare to control these lot because the margin is too low....and these contractors justtake the next best price ...so they come and go and if SSM doesn&#039;t offer decent work they wont take it up...that combine with not many people has fibre skills it add to trouble so I decided to exit....the delay of NBN roll out and NT pull our pretty much confirmed my research....so good I got out <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />this is my last entrybuy 30/04/2010&nbsp; at 30.05 sold 8/03/2011&nbsp;&nbsp; at 64.5I do exit stock if I discovered information doesn&#039;t stack up against my initial criteria after I buy them...Phil Fisher style&nbsp; when to sell...</blockquote>

[QUOTE="ROE, post: 761910, member: 6438"] woops a bit late but no I haven't been following it for more than 2 years ...I used to made a few profitable trade out of it but I found this business is too risky to trade and decided no go zone... it is a tough business as I dig deeper, they have many many independent contractors working for them and I reckon it is a night mare to control these lot because the margin is too low....and these contractors just take the next best price ...so they come and go and if SSM doesn't offer decent work they wont take it up... that combine with not many people has fibre skills it add to trouble so I decided to exit.... the delay of NBN roll out and NT pull our pretty much confirmed my research....so good I got out :-) this is my last entry buy 30/04/2010 at 30.05 sold 8/03/2011 at 64.5 I do exit stock if I discovered information doesn't stack up against my initial criteria after I buy them...Phil Fisher style when to sell... [/QUOTE]

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