Australian sub prime mortgage market. | Page 20 | FerrariChat

Australian sub prime mortgage market.

Discussion in 'Australia' started by Arvin Grajau, Aug 11, 2007.

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  1. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    You seem to have a very good memory with others things :):):)

    Or is that just convenient????
     
  2. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    what do you think?
     
  3. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    LOLZ!!!
     
  4. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    i don't think he bought any tho did he?
     
  5. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    indeed he did....thanks to whoever it was advice.

    i almost did too, until i looked at the graphs.

    sometimes fundamentals mean everything...other times, you just need to read btwn the lines and look at trends.

    of course, i'm nowhere near the expert that that other fchatter is, but that's what i was taught.
     
  6. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    So you do have balls, you named him. :)

    But now you have to wait till August, and I am sure you will re-post this based on history. Scud said in 12 months it would be $120. Now in the current market it is very optimistic. So I look forward to seeing the results.............
     
  7. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    he also said to get in in a hurry....if i were to buy, i'd be much happier if i did it now.

    but i'm weird like that. i don't like paying too much if i can avoid it.
     
  8. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Yes I'm starting to see that. :):):)
     
  9. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    starting??????????

    hmmmmmmmm
     
  10. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    Well in all fareness, I have only just met you.

    One must give one the benefit of doubt.
     
  11. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    most people have come to conclusions without ever having met me...so no excuse.
     
  12. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    I don't work like that PP. As I said I make my own judgements on people.
     
  13. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    erroneous as they may be!

    you're right...it's better to make your own mistakes than someone else's :) :) :)

    3 bloody smiles...geez..
     
  14. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    24,041
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.

    IMHO it says it all - business is "diversified financials", I think a few folk are starting to find out what 'diversified' means...going to be a few bank balances 'diversifed' into smithereens methinks.

    Interesting chat with an 'old timer' stockbroker recently who just laughed about current P/E, apparently the rule of thumb used to be 8 for good buying so according to hime there's still room to go down.
     
  15. ap355

    ap355 Formula Junior

    Mar 18, 2006
    594

    they will be a $100 plus stock, its all about timing. some things you cannot help such as the credit crunch, the fundamentals are all still there and for a company structured the way macquarie is they have done fairly well to hold up to the level they have. They did the same thing in the early 2000s when they halved thier price from 40 to 20 i think, when people were saying their investment model is flawed etc and that it wouldnt work. suffice to say 6 years later you would have made five times your money potentially..

    BNB is another good one under 15bucks
     
  16. Tom Selek

    Tom Selek Formula Junior

    Nov 3, 2006
    309
    1500klms from Jim
    IMHO , is there a thread i can work out all the abreviations(spelling)
     
  17. Kelsa

    Kelsa F1 Veteran

    Jul 25, 2005
    5,376
    Adult Toy Land
    Full Name:
    Crazy Chinaman
    good point.
     
  18. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
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    Peter
    indeed.....but the expert said it was bargain buying at 60 odd and that it was grossly undervalued.

    well...guess what the value of anything is?

    personally, i'd rather buy it now than when it was $60+...and if it goes down to $40, then i'd have preferred it then.

    just look at the graph...it was always going to go down.

    as kerrari said.....p/e of 8 is where it's at now...there's room to go down.
     
  19. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    you're a wanker pless , you have nothing to do again , and if you had noticed i haven't been bothered to respond to you lately , but on this occasion i feel i must set it straight , again . you choose to pick one stock that i have made a comment about , but fail to understand all the other stocks i have bought and sold for a profit . it's easy to sit there and say the world is over for us who play the market . what about RIO i bought at $58 and sold at $130 ? plus many others . maq is a good stock , as are all the banks at the moment , they will come back into favour , the only question is when . i think MHH said that the market would be at 6000 points by end of this financial year , will he be wrong , and if he is so what ? i don't see you having a go at him . that's rght , you want to pretend to be his friend when you go to tassie , i get it . did i mention you are a wanker ? i guess the mods must agree , as i am yet to get a warning for such language .
     
  20. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    hey wanker , on another note , ask 360C what he paid for ASX , and at what price he got out on them , if he did ?
     
  21. Aircon

    Aircon Ten Time F1 World Champ
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    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    phew...thanks for that...i was worried that i hadn't got you.

    i'm not predicting doom and gloom...that's you putting words in my mouth.

    i'm not interested in what you buy and sell or make a profit on. the point was you were mouthing off like an expert about maq....and you were wrong. buying it at $60 and even $70 was NOT the bargain you made it out to be.

    re SD...don't worry...he's told me about his wins and his mistakes...like you (allegedly) he's had many more wins than losses...but that's not the point. (nor is it my business, hence i didn't comment on it)

    he doesn't come on here giving share market advice and making himself out to be the big man.

    and MHH? me pretending to be his friend cos of tassie? i don't think anyone here thinks i'd pretend to be anyone's friend for any reason. that comment was absurd.

    nevertheless, i'm glad i got to you.

    maybe next time you decide it's a good idea to copy and paste share trading advice, you won't.

    you don't have a licence, and you don't have the brains.
     
  22. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    what's it like to be a failure in life ?

    and i guess $58 to $130 isn't any brains hey ?
     
  23. laminator

    laminator Formula Junior

    Dec 27, 2007
    928
    3 threads with new posts and I come straight to this one.

    I wonder why?

    I think someone said Aircon-Wanker, and then I saw the Aircon bit as a reply. :D
     
  24. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    It's good... because you know that your friends are really your friends, not people you've had to buy
     

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