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Foxbat calls Perth a buy September 2016
Topic Started: 22 Sep 2016, 10:35 PM (9,158 Views)
conork
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Jimbo, supply and demand.
Both of houses and units, and on the opposite side of the equation you have currency / credit.

As long as they are loosening credit, prices will increase.

Current over supply of houses will be absorbed.
Edited by conork, 23 Sep 2016, 11:27 PM.
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Foxy
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Zero is coming...

Trollie
23 Sep 2016, 01:13 PM
Brave move fruitbat.

What a load of bullshit :lol.
Fortune favours the brave, but please i am saying hammer out a top deal for you, not the market or anyone else, YOU.

i am saying if i have picked up $1M FROM GOLD AND LITHIUM, if the unit holder calls time, i will take my initial state of $50,000 and put the $1.1m into a unit.

That is if gold and lithium do not crash and burn before i can do the deal, if it does well, so what.

I just dont want to buy realestate back in Perth at a bargin price while still calling a crash.

I am saying what i am trying to do.

If i can not get the unit i may just go buy some more gold shares.

Peter


conork
23 Sep 2016, 11:27 PM
Jimbo, supply and demand.
Both of houses and units, and on the opposite side of the equation you have currency / credit.

As long as they are loosening credit, prices will increase.

Current over supply of houses will be absorbed.
Yes, particularly as prices soften, free money, and a whorehouse stocked with the finest arse
money can buy.

Sprinkle a little sugar.




I want to clarify this call one more time,
So in future the f*** wits of this forum dont attemt to take it out of context,

I am talking about parts of the Perth market that are busted wide open , units that have come off, in the case of the one i have offered on massively.

From $3.8m to $1.1m
And it has been completely renovated.

I am talking Port Hedland at $350,000 that was selling at $1.1m, same with Karratha.

I bought into Gnarabup under those conditions.

I am not talking Subiaco at $780,000.

PETER



Mining stocks beat the gloom to outperform other sectors
http://www.theaustralian.com.au/business/mining-energy/mining-stocks-beat-the-gloom-to-outperform-other-sectors/news-story/d703a6545b0a6b4ae850320094c56c3a

Kdr, from $0.09 to $0.62.

Thanks Foxbat
Edited by Foxy, 24 Sep 2016, 02:25 AM.
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Jimbo
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conork
23 Sep 2016, 11:27 PM
Current over supply of houses will be absorbed.
What with? Kitchen towel?

http://www.realestate.com.au/buy/property-villa-townhouse-unit-apartment-unit+apartment-house-in-perth+-+greater+region%2c+wa/list-1?includeSurrounding=false&misc=ex-under-contract&source=refinements

The above search returns 19,014 which is a record since I started tracking it two years ago (then it sat at 12,936).

The same search last week returned 18,475.

This time last year 17,314.

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Foxy
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Zero is coming...

Its our turn now :bye:
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Matthew
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foxbat
24 Sep 2016, 02:10 AM
i am saying if i have picked up $1M FROM GOLD AND LITHIUM, if the unit holder calls time, i will take my initial state of $50,000 and put the $1.1m into a unit.

Kdr, from $0.09 to $0.62.

Thanks Foxbat
Alright Peter lets see if I can follow this particular steaming pile of bullshit from end to end.

You purchased $50,000 of Gold and Lithium stocks that have done very well. One of them you bang on about incessantly (KDR) has done incredibly well. So lets pretend (seems appropriate when you post) that all and any shares you purchased with you $50k have done just as well.

Your $50,000 of real or hypothetical investment today has a face value of $344,444. An incredibly impressive gain. But a long way from $1.1m.

But then that money is not all yours is it Peter? No Mal and Scott want their share as well. Probably something in the order of $80,000 - $85,000 should please them leaving you something like $260k, still a great result.

So you sprinkle a little of Drunkbats magic bullshit elixir on that $260k and pretend it is $1.1m because that is what you are going to do the second piece of the puzzle is to find the Worlds Dumbest Resident willing to give you a property in prime Perth real estate for 60% off the value it was a few short years ago when it has probably fallen from $3.8m to $3m - $3.3m? So dumb is this guy he is willing to gift you an unnecessary $2.1m additional Peter discount just for you being Peter

Does that about sum it up Peter?

I think all of your posts should start "Once Upon A Time" and finish "And Drunken Prince Peter lived happily ever after".
My only hope for my three boys is that they turn out nothing at all like Chris.
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newjez
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Matthew
24 Sep 2016, 12:44 PM
Alright Peter lets see if I can follow this particular steaming pile of bullshit from end to end.

You purchased $50,000 of Gold and Lithium stocks that have done very well. One of them you bang on about incessantly (KDR) has done incredibly well. So lets pretend (seems appropriate when you post) that all and any shares you purchased with you $50k have done just as well.

Your $50,000 of real or hypothetical investment today has a face value of $344,444. An incredibly impressive gain. But a long way from $1.1m.

But then that money is not all yours is it Peter? No Mal and Scott want their share as well. Probably something in the order of $80,000 - $85,000 should please them leaving you something like $260k, still a great result.

So you sprinkle a little of Drunkbats magic bullshit elixir on that $260k and pretend it is $1.1m because that is what you are going to do the second piece of the puzzle is to find the Worlds Dumbest Resident willing to give you a property in prime Perth real estate for 60% off the value it was a few short years ago when it has probably fallen from $3.8m to $3m - $3.3m? So dumb is this guy he is willing to gift you an unnecessary $2.1m additional Peter discount just for you being Peter

Does that about sum it up Peter?

I think all of your posts should start "Once Upon A Time" and finish "And Drunken Prince Peter lived happily ever after".
Next you will be telling him there's no Santa Claus.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Bardon
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Well I would agree with the bottom being in, although the best deals may have already have been got.
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Foxy
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Zero is coming...

Matthew
24 Sep 2016, 12:44 PM
Alright Peter lets see if I can follow this particular steaming pile of bullshit from end to end.

You purchased $50,000 of Gold and Lithium stocks that have done very well. One of them you bang on about incessantly (KDR) has done incredibly well. So lets pretend (seems appropriate when you post) that all and any shares you purchased with you $50k have done just as well.

Your $50,000 of real or hypothetical investment today has a face value of $344,444. An incredibly impressive gain. But a long way from $1.1m.

But then that money is not all yours is it Peter? No Mal and Scott want their share as well. Probably something in the order of $80,000 - $85,000 should please them leaving you something like $260k, still a great result.

So you sprinkle a little of Drunkbats magic bullshit elixir on that $260k and pretend it is $1.1m because that is what you are going to do the second piece of the puzzle is to find the Worlds Dumbest Resident willing to give you a property in prime Perth real estate for 60% off the value it was a few short years ago when it has probably fallen from $3.8m to $3m - $3.3m? So dumb is this guy he is willing to gift you an unnecessary $2.1m additional Peter discount just for you being Peter

Does that about sum it up Peter?

I think all of your posts should start "Once Upon A Time" and finish "And Drunken Prince Peter lived happily ever after".
No, $50,000 went into reed reasources, then i took $110,000 out of Nmt, put it all into KDR, that is now worth $650,000.
But that is just one of my shares, all up i am up $1.1 this year.

Peter

Have a good shout and get with the program.
newjez
24 Sep 2016, 12:58 PM
Next you will be telling him there's no Santa Claus.
There is no Santa???

You big hater...
Edited by Foxy, 24 Sep 2016, 04:57 PM.
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Matthew
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foxbat
24 Sep 2016, 04:55 PM
No, $50,000 went into reed reasources, then i took $110,000 out of Nmt, put it all into KDR, that is now worth $650,000.
But that is just one of my shares, all up i am up $1.1 this year.

Peter

Have a good shout and get with the program.

Of course.

Quote:
 
i will take my initial state of $50,000 and put the $1.1m into a unit.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Foxy
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Zero is coming...

Matthew
25 Sep 2016, 02:00 AM
Of course.

Ok, your getting the idea, take $50,000 turn it into $8 million, then buy a property for 1/3rd of its peak valuation.

Then reinvest the rest into gold and lithium shares.

Mathew that is how you make money in the new economy.

Foxbat has helped me work through it.

But you already knew that, ri g ht???
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