Ouch – that’s harsh. Perhaps you should get a more rounded education alvin. Buying shitty little houses in shitty little towns because they are CF+ is a mugs game.

Try reading Spann, Somers et al, and perhaps some tax/trust books by Dale G. Goss, then get into investing when you have enough information to make INFORMED choices and not follow a…[Read more]

In most western nations it is legal to disriminate against one particular group – caucasian males. There are laws, precedents, and programs that target particular ethnic groups and women, but no programs for a white aussie.

Isn’t this reverse reacism where a white gut can’t get a job because he’s white and discrimination because he is male?

Is it a serviced apartment or an actual strata unit?

Who’s valuation is it below market at – valuer or R/E agent?

Is it a studio apartment or a full sized apartment?

Be careful of the word “advice” – perhaps share experience, or compare deals might be a better way to put things.

I think they are people born in May who like to travel [biggrin]

Sorry Geo – you have it the wrong way around. AAPT etc are the competitors and can force Telstra/Optus to adjust pricing or bundling with good offers. ACN or similar can’t – they simply will not have the market power to have an impact – especially when they will get next to no discount to resell the services (of Telstra) anyway.

Perhaps you didn’t like my 5 minutes of due diligence because you expected to get a few converts?

ACN are not a competitor to Telstra – Optus, AAPT, Voda, Hutch, and Unwired are though. ACN are a niche operator that will compete with other small resellers with no marketing budgets.

BTW I’m a telco analyst so how’s that for due diligence

We buy houses are wrappers – Rick Otton.

Suspect it’s like selling a car – you can do it privately and make more, or take it to a car yard, get a lower price but save yourself the hassles.

Geo

ACN Finland had 350k customers in May 2004 and have been bleeding numbers since then – but they refused to comment on subscriber numbers

http://e.finland.fi/netcomm/news/showarticle.asp?intNWSAID=29441

ACN Finland dominate complaints to the Finnish Consumer Complaints Board and had a judgement awarded against them for misleading…[Read more]

Hi Tiina,

Sounds like you have quite a few laws and legal systems to consider. I’m not familiar with either Irish or Finnish systems but most likely you will need a prospectus and some deep pockets to do the set up work. In Australia you could expect to spend 100k plus.

Check out http://www.arip.com.au for some ideas.

I’d be surprised if they have any real impact. Virgin is a fantastic brand yet they have only captured between 1% & 2% of the mobile market. 3 mobile (who also own Orange) has spent hundreds of millions of dollars over the past few years, operate on very thin margins, and still have only 4%-5% market share.

If this company is going the MLM route…[Read more]

Hi Yack,

We have 5 more sales in the pipeline – 1 pending some cosmetic work and another pending subdivision of a large block.

We will be using funds to build on three vacant blocks we have overlooking the water in Hobart before selling those too.

We seem to be moving in the opposite direction to others

We settle next week om a sale. Purchased in Launceston for 94k in Dec 2002 and just sold for full asking price of 195k inside 3 weeks of listing.

From what we have seen, prices are fairly stable now, but things never seen on the island before are going great guns. The Cornwall square development in Launceston is a medium rise inner city apartment building with prices from 295k-600k and is two thirds sold already. The Seaport development (also in Launceston) has no trouble selling serviced…[Read more]

Building on the west coast would be hard to justify when most existing property sells at a fraction of replacement cost.

Building has become even more expensive in Tas with the shortage of builders so don’t be surprised with a 12 month wait for a quality builder.

Bicheno has a number of subdivisions going ahead at present and bumper prices are expected. Land that wouldn’t sell at 15k per block is now going for 100k. Still money to be made if you can get land.

Coles Bay has a big Federal hotels development going ahead and is already expensive – although there are some sites suitable for medium scale…[Read more]

Originally posted by wrappack:
Pair gain- the bane of many dial up users. Lets say everyone in the street gets 56k dial up. Then, a few new subdivisions by Greg F and Co go in. Obviously, telstra must pipe some more telecommunications equiptment in. They can do it properly, or cheaply. Guess which way a company making billions of dollars a year…[Read more]

Seriously – they are usually teens who are into alternative music and dress like their heroes. I’m sure most of you remember being a teenager and struggling to establish an identity for yourself.

From my point of view its all about individuality and wanting to get a reaction. Quite often they can be very shy, and do not worship demons or satan.

But what were the comparitive life expectancies?

Hi Darren

Which inv guru’s do you believe in and why?
None really – I have read a few books by gurus but none of their strategies fit to mine. I liked Craig Turnbulls books, Steve McKnight’s was a good read but not the path I wanted to go dowm. Jenman’s books are handy for the uninitiated but a bit preachy.

Do you prefer statistics to back up a…[Read more]