ZFX - Zinifex Limited

[Investor]

Re: ZINIFEX..ZFX

Investor,

Looks like Mr Market knocked your risk management fragile side

WBII

I was expecting some smart alec remarks from chicken, but then again smart alec remarks from someone who has such a delusion of grandeur that he can call himself "Warren Buffet II" (mispelt surname missing a "t") is hardly surprising.

 

[Investor]

Re: ZINIFEX..ZFX

And another thing, Warren Buffet II needed to ask this forum how to value shares, in another thread.

A pretender!

 

[Joe Blow]

Re: ZINIFEX..ZFX

Come on guys... lets try and keep the threads free of personal jabs. Thats what private messages and ignore lists are for.

On topic please gents.

 

[Investor]

Re: ZINIFEX..ZFX

Joe Blow,

I post in this forum for some interaction with people and there are a few that I have a lot of time for:

RichKid - a gentleman.
TJ - enthusiastic in learning.
Smurf - balanced in his discussions.
tech/a - helpful disposition.
DTM - cordial.
markrmau - polite.
Snake Pliskin - personable.
obi1kenobi - a highly educated man.
Joe Blow - a reasonable man.

However, I do not tolerate fools lightly.

I was going to type one final post in this forum about the latest "high risk" issue with ZFX regarding the Out-of-Court settlement, that probably most people in this forum do not know about (I was waiting for chicken to prompt me) but I have changed my mind. I have no wish to teach people who do not want to learn.

I did state in this thread that ZFX was not a long term holding for me, merely a SP mispricing play that I can, and have, made a good profit from. Nothing more, nothing less. I did not expect to be questioned about what I do with my own money. How absurd! :swear:

I bid you all farewell. All the best with your investments. Goodbye

 

[Joe Blow]

Re: ZINIFEX..ZFX

I bid you all farewell. All the best with your investments. Goodbye

Investor, I for one am going to be very sorry to see you go and I hope you will reconsider. I'm sure I am not the only one that feels this way.

Your posts have been interesting, educational, very informed and I for one will misss them a great deal. You have brought a lot to this forum in the relatively brief time you have been a member.

Forums can be rough places at times. I have posted on many of them over the years and I can say with confidence that very few are as civilised as ASF. I try my best to maintain a high standard here, largely because there are so many forums with low standards and I wanted ASF to stand out from the rest.

I have only a couple of tips to offer (to everyone, not just to you) to make your time here more enjoyable:

1) Put people who annoy you on your ignore list. The posts of people who have been put on your ignore list will not be visible to you. You can find this option in your UserCP.

2) Report any offensive posts immediately to me and I will take appropriate action. I value the quality of this forum a great deal and it is my intention to maintain a high standard here. I will not tolerate abuse or gratuitous personal attacks.

As I have said, I hope you will reconsider. But if not, I wish you all the best with everything... and thanks for all the great posts.

 

[Battman64]

Re: ZINIFEX..ZFX

Nice post Joe,

As a new member I would like to say that this forum does seem like a very well run professional place.
I also hope quality people like Investor stay.

 

[Smurf1976]

Re: ZINIFEX..ZFX

"Never do anything in haste or in anger".

Please consider. I think there has been a genuine misunderstanding here.

 

[Warren Buffet II]

Re: ZINIFEX..ZFX

I was expecting some smart alec remarks from chicken, but then again smart alec remarks from someone who has such a delusion of grandeur that he can call himself "Warren Buffet II" (mispelt surname missing a "t") is hardly surprising.

Hi Investor,

My apologies if I hurt your feelings with my post. I really enjoy your posts and they are always very interesting and informative. You have been posting so much about this company and its pros and cons that I do not understand why you sold it yesterday (Risk management??) and today show it. Anyway, as you said it is none business what you do with your money, so don't worry about that too much.

There are very smart people out there with great ideas as you but they contradict what they say with what they do. I didn't want to cause this trouble and please keep posting.

Hopefully you get this message.

Regards,

WBII

 

[Warren Buffet II]

Re: ZINIFEX..ZFX

I was going to type one final post in this forum about the latest "high risk" issue with ZFX regarding the Out-of-Court settlement, that probably most people in this forum do not know about (I was waiting for chicken to prompt me) but I have changed my mind. I have no wish to teach people who do not want to learn.

Just in case Investor don't come back

Asbestos case settled
From:
A PORT Pirie man has reached an out-of-court settlement with his former employer after becoming ill from working with asbestos.

The 77-year-old took action in the Victorian Supreme Court against Zinifex - formerly Broken Hill Associated Smelters Pty Ltd - after he was diagnosed with mesothelioma in November.

The man's lawyer, Jane McDermott, yesterday confirmed a confidential settlement had been reached last month.

She said her client worked for BHAS between 1953 and 1992, and was exposed to asbestos while insulating the door openings of flues at a smelter.

"He is clearly distressed by the short life expectancy he now has," she said.

 

[It's Snake Pliskin]

Re: ZINIFEX..ZFX

Joe Blow,

I post in this forum for some interaction with people and there are a few that I have a lot of time for:

RichKid - a gentleman.
TJ - enthusiastic in learning.
Smurf - balanced in his discussions.
tech/a - helpful disposition.
DTM - cordial.
markrmau - polite.
Snake Pliskin - personable.
obi1kenobi - a highly educated man.
Joe Blow - a reasonable man.

However, I do not tolerate fools lightly.

I was going to type one final post in this forum about the latest "high risk" issue with ZFX regarding the Out-of-Court settlement, that probably most people in this forum do not know about (I was waiting for chicken to prompt me) but I have changed my mind. I have no wish to teach people who do not want to learn.

I did state in this thread that ZFX was not a long term holding for me, merely a SP mispricing play that I can, and have, made a good profit from. Nothing more, nothing less. I did not expect to be questioned about what I do with my own money. How absurd! :swear:

I bid you all farewell. All the best with your investments. Goodbye

Hi Investor,

I do hope you reconsider leaving this site.

What have brought here is great stuff! I have learned a lot from you in such a short space of time.

I for one believe this is a very good forum to chat on. I would hate to see you leave it.

Regards

 

[RichKid]

Re: ZINIFEX..ZFX

Joe Blow,
I post in this forum for some interaction with people and there are a few that I have a lot of time for:
RichKid - a gentleman.
TJ - enthusiastic in learning.
Smurf - balanced in his discussions.
tech/a - helpful disposition.
DTM - cordial.
markrmau - polite.
Snake Pliskin - personable.
obi1kenobi - a highly educated man.
Joe Blow - a reasonable man.

However, I do not tolerate fools lightly.
I was going to type one final post in this forum about the latest "high risk" issue with ZFX regarding the Out-of-Court settlement, that probably most people in this forum do not know about (I was waiting for chicken to prompt me) but I have changed my mind. I have no wish to teach people who do not want to learn.
I did state in this thread that ZFX was not a long term holding for me, merely a SP mispricing play that I can, and have, made a good profit from. Nothing more, nothing less. I did not expect to be questioned about what I do with my own money. How absurd! :swear:
I bid you all farewell. All the best with your investments. Goodbye

Hi Investor,
Not sure if you realize how popular you have been but many people are sad to hear of your decision. I hope you will have time to reconsider, in fact it is at times like this that you can take real pleasure in your investing. You have followed your method and are comfortable selling out- needless to say you must justify it to no one else, for you are not responsible to them. I feel you have more than explained your reasoning and have made a tidy profit in the process but others need not think the same. Perhaps that last point, human nature being what it is, has caused some to rue their misfortune in being stuck with something they bought at much higher prices than you did (possibley due to Chicken, although he can only be credited with attracting you to this site). Perhaps, and this is mere speculation once again, perhaps when you make a decision contrary to that of another (ie to sell rather than to hold and hope) then you may, in that person's view, be taken to have made a personal affront, no matter how silly it may be to think that you should accord with others when making individual decisions.

Perhaps some of the criticism which was directed at you recently was due to self interest, I suggest it is commonplace, there are many stocks which myself and others have posted on which have attracted trite remarks, yet I don't take it personally, just as someone selling below my buy price in the market will be of little concern to me so will those who disagree with me about my method. I do take your point however about the manner in which people express their opinions- perhaps you can judge each poster on his or her merits and not think of us all as complicit. Some posters come across more aggressively than they intend to, we can all make allowances once people show contrition, I hope. Interestingly, forums are one of the few places where you can actually blow off steam before typing a considered reply as no one can see you, so take a bit of time out if you like to reflect and join us, the markets are always interesting.

Joe and some us here, his little helpers, are just trying to make this work, when we see someone like you join our little gathering we are elated but we can't control the opinions of others, we can only make suggestions. We are all mature people able to defend ourselves and stand our ground. As you have said there are others here who are not in your league, perhaps you should not take their remarks to mean more than they do. If you really want to see a bit of biffo ask Tech or crashy/money tree how it's done! (sorry guys, just proof that we can all live to fight another day- less conflict the better though).

And finally, if nothing else, a forum helps you to refine your ideas before putting them forward for you are always subject to scrutiny, I for one find this a good experience for it can prevent lethargy. There is also the unexpected material and pleasure of interaction which is difficult to replicate. Your presence here has been welcomed by many and enjoyed by more. The decision is yours in the end. We cannot favour one or the other but only point out that a code of conduct does exist and we can apply it to the limit of our judgement. If we err at times or are slow to react that is our fault entirely, let us hope that fellow members wont be disadvantaged as a result. I know this is a long post but this type of issue is bound to come up again as various opinions collide. As the former American administrations did during the cold war let us try 'constructive engagement', rather than hostility, even in bleak times. Humans have a sad habit of misunderstanding themselves, despite our apparent sophistication. WBII may just be seeking an explanation of something which he does not comprehend adequately. Maybe he has failed to understand the overall import of your posts in this thread, I very much doubt he acted with cold calculation to raise your ire, perhaps WBII holds ZFX and misses your company on the share register. It is also possible that what was intended to be expressed was not what was written, we are at varying levels of communication here and the command and quality of English varies.

WBII, you have shown some character to apologize without being prompted, perhaps it may be appropriate to review Investor's posts on ZFX to refresh your recollections of his opinions to test the consistency of his actions- if that is your concern. Maybe others here could assist WBII with any queries he may have about investors posts or their correct interpretation.

After all Investor you have done well on ZFX and even if it goes to $10 you have followed your winning formula, why let a disagreeable remark spoil the fun!

 

[tech/a]

Re: ZINIFEX..ZFX

Investor

I know exactly where your coming from happened here and on the other forum I visit (when its up and running) to myself.

I value your input as does many here.
The other rubbish is hard to ignore----with different personalities jostling for respectability!---its the same in all walks of life---amongst friend---down the pub--where ever people gather over extended lengths of time.

The cream always floats to the top no matter how hard the jar is shaken.

 

[chicken]

Re: ZINIFEX..ZFX

Joe Blow,

I post in this forum for some interaction with people and there are a few that I have a lot of time for:

RichKid - a gentleman.
TJ - enthusiastic in learning.
Smurf - balanced in his discussions.
tech/a - helpful disposition.
DTM - cordial.
markrmau - polite.
Snake Pliskin - personable.
obi1kenobi - a highly educated man.
Joe Blow - a reasonable man.

However, I do not tolerate fools lightly.

I was going to type one final post in this forum about the latest "high risk" issue with ZFX regarding the Out-of-Court settlement, that probably most people in this forum do not know about (I was waiting for chicken to prompt me) but I have changed my mind. I have no wish to teach people who do not want to learn.

I did state in this thread that ZFX was not a long term holding for me, merely a SP mispricing play that I can, and have, made a good profit from. Nothing more, nothing less. I did not expect to be questioned about what I do with my own money. How absurd! :swear:

I bid you all farewell. All the best with your investments. Goodbye

Now....You are a pretty smart fellow but...why the hell should I promt you with a minor settlement the company had...which was NOT ANNOUNCED to the market right and as such must HAVE BEEN NOT IMPORTANT to announce if every company annouces their dirty linen..where or when would we get on to do business...you seem to be bend in telling us how clever you are maybe you are ,and your input is well appreciated...but dont make us a fool and you enjoyed posting here and we enjoyed reading what you have to say but the way you sound well what can I say but every bloke has a different stroke and you seem to have a short fuse take people as they come maybe all the money you made has given you a false sense of supperioity...so get of that high horse and develop some sense of fun because life is to short and you cant take your money with you when you croak...but we still like to see some of your posts...as far as the out of court settlement...I can tell you about a lot of companies who hads these problems but as I said before if it was not announced by the market one has to be careful as the company is in the position to sue for defamation...so that is why I said...ITS NOT IMPORTANT TO KNOW....I see BARCLAYS increased their shareholding....now there is a good sign...by the way what you do with your money...I dont give a hoot....got it

 

[chicken]

Re: ZINIFEX..ZFX

Just in case Investor don't come back

Asbestos case settled
From:
A PORT Pirie man has reached an out-of-court settlement with his former employer after becoming ill from working with asbestos.

The 77-year-old took action in the Victorian Supreme Court against Zinifex - formerly Broken Hill Associated Smelters Pty Ltd - after he was diagnosed with mesothelioma in November.

The man's lawyer, Jane McDermott, yesterday confirmed a confidential settlement had been reached last month.

She said her client worked for BHAS between 1953 and 1992, and was exposed to asbestos while insulating the door openings of flues at a smelter.

"He is clearly distressed by the short life expectancy he now has," she said.

I said it was a minor problem if every company posted their settlements and accidents WHEN WOULD WE GET ON WITH RUNNING OF THE BUSINESS...big deal this......

 

[chicken]

Re: ZINIFEX..ZFX

Chicken your trading hope not price action.

80% of predictions by "experts" fail that I see.
You buying another $20000 worth doesnt make it more bullish either.
Why mention that??

Tech/a....now what is happening with your prediction...we have broken the trend line right...Investor has also lost because he thought wrong so where do we go from here..I say higher because what Investor posted is old hat read it and discarded it...reason as Maquarie said this stock is a BUY up to $4..so there are the optimists and the passimists..and as far as supply..well stocks are still dropping and supply ..we can all say one thing and mean something different I say this company is going to grow quickly as they are ungeared and I would say they are looking at a couple of companies to take over as they have got a bag full of $$$..as far as the buyback they got all year and there is no rush as it would drive the stock higher quickly..look at the share holding BARCLAYS got..that speaks for itself as they have people who know more than any one on this board...they are in fact buying more..so you tell me what you think..I BELIEF ITS HIGHER...ALSO www.kitcometals.com will give you some answers re supply I see the Chinese are still wanting more supplies...if they were not in the equasion..then INVESTOR would have been right..but as it happens its not so...

 

[tech/a]

Re: ZINIFEX..ZFX

Yup.

Broken trend line.
Has now a potential Island reversal setup.
Long way to $4 chicken.

I havent made any predictions thats your rhelm!
There was a rising wedge reversaj pattern but that failed.
Dont think this is ging to do much but range for a while.
Ill be back in 2 weeks to either see that its ranging or see chicken
on his golden egg or a skun chook if it takes out the low!

 

[chicken]

Re: ZINIFEX..ZFX

Yup.

Broken trend line.
Has now a potential Island reversal setup.
Long way to $4 chicken.

I havent made any predictions thats your rhelm!
There was a rising wedge reversaj pattern but that failed.
Dont think this is ging to do much but range for a while.
Ill be back in 2 weeks to either see that its ranging or see chicken
on his golden egg or a skun chook if it takes out the low!

Tecch/a...there are 46 million reasons you are wrong..ask BARCLAYS...they have a reason for increasing their shareholding..right...I said it broke the trendline....UP OVER ABOVE ...your graph you posted...so we are above your and INVESTORS prediction...right.. so BARCLAYS holding cost just on $3 a share...so you dont want to go out on a limb to predict the share price fair enough after all this chicken knows...that it may have a small brain but...it works wonders....After all I have been right for a fair time....What do you think of one of our directors on the SBM board.....does this give you a clue what might be in the offering...after all 400,000 onz of Gold ,could become intresting...you never know what will happen in this crazy market...have a look at map....another share I have...and see what the brokers say or advisers......say.....June might be steady and some TAX selling but overall this year should be profitable...bar if we have a big war...I feel no one wants one....and its unlikely to happen....with intrest rates on hold....and all these BILLIONS $$$$$ which is sitting on the sideline...the market will be an attractive place to invest...

 

[It's Snake Pliskin]

Re: ZINIFEX..ZFX

Hi Chicken,

I sold my holding in ZFX today!

I am happy with my decision according to plan

 

[RichKid]

Re: ZINIFEX..ZFX

Chart, dropping volume, lower highs, doji star. Lower open tomorrow will seal it imo.

 

[tech/a]

Re: ZINIFEX..ZFX

I could be wrong but I think Tina will have done well.

Rich I agree this could be an Island reversal a gap down open will confirm.
Could be a last blow out of buyers.
Plenty sold as price could not overtake the open.

Chicken may get his $4 but he will be a full sized plump hen by then---rooster maybe!

I really think this will range a while longer.