RE: The 4 go-to responses on JOG11 Aug 2018 14:04
Workover the pejorative statement was present tense . Readers here will know the members to whom the present applies. Most will be aware of the Herd that will arrive in late Autumn….casino operators.
My expertise, unlike yours, is not Oil based but Finance and Management. I judge Company’s not only by historic and potential performance, given cyclical movements within specific sectors, but importantly the style, background and ability of senior management and Executives. The latter is something all serious and committed Investors should conduct as a matter of due diligence. Failure to do so, imo, is almost a Cardinal sin and no excuse can justify this basic omission. Years of experience have taught me to get as much background information on all aspects of any Business which Interest me .This often involves forensically analysing all known and sometimes concealed information.
Things still go wrong, but that is the nature of the stock-market…..never, never invest more than you are prepared to lose.
How many here do you think have conducted due diligence ahead of investing or have some reacted to spectacular headlines?
IMO it displays an individual’s lack of Investing knowhow when they question, repeatedly, Executive pay , on a Public Forum. If an Investor is so incensed regarding remuneration and assuming due diligence has occurred, then concerns should be directed in the first instance to the BOD and if no or an unsatisfactory reply then question at a GM. If still not happy then Shareholder needs to review their holding.