Bong in big trouble

[Hollowed out]

alka, two fold problem it appears, leaky bladder and excess perspiration, well thats my excuse for sweatie!!
So me spellins crook but punctuation ??? That really hurts, I pride myself on always being on time!!

[Nick Carroll]

Oh, I just thought he meant that I had a perspiration problem, which would fit with the other excretory issues he seems to think I have.

The punctuation didn't bother you?

Nah, this is just some crap Internet forum, I make punctuation errors here all the time

but spelling! Fcuk no

[Beanpole]

Hollowed, in case you had not noticed the whole market has been dropping day by day of late. Let's talk about Rio, BHP or Harvey Norman shall we?

I guess the difference with surf brands vs mining companies is that people don't actually need surfwear from a name brand or surfwear at all really. You can go surfing in a pair of footie shorts.

geez moondoggie fortunate for you, you don't appear to have any money in a managed superannuation fund eh.

I see they want people in self managed Super Funds to sign a declaration every couple of years saying they understand there is no safety net and no recourse for compensation.

[swvic]

Nah, this is just some crap Internet forum, I make punctuation errors here all the time

but spelling! Fcuk no

I can somewhat verify Nick's mastery of spelling. I once posted about eating civet, only I spelt it with an s. Nick respoded in a way that educated me of my mistake in a nonhumiliating manner

Was around the time of the flattery thread though. Uppity cnut would probably savage me now

[Hollowed out]

It was the spelling: "sweatie" and "suspendors".

Isn't that the correct spelling? :?

It's the interweeb. Spelling is perfunctory. It's not the Manly Daily.

You got shares hollowed? Bong or otherwise .. ?

Over to you Hollowed.

Out.

Wooly, as i have posted before, no Bong shares-ever and whatever shares I have otherwise wouldn't buy a hairpiece for Nick or a butt plug for his unfortunate little bro- and btw they are not in any shape surf related.

Rockin' Ron, You talking to me punk??, step outside and show me the orifice they shoved the rock in!
Natho, well you want to talk BHP, Hardly Normal etc, well don't let me stop you, what you got for us?
Steve S, clues mate clues. VSTR launch, true or false?

[steve shearer]

Steve S, clues mate clues. VSTR launch, true or false?

Are you Smelly Skater?

I heard they had a launch but after my op-ed about the store I was left off the invite list.

I bet the beer ran out early.

[Hollowed out]

^^ Smelly? guilty. Skater? nup
A. False. Was just throwing in a line for fun. beer always runs out fast when it's free

[Hollowed out]

http://www.goldcoast.com.au/article/201 ... iness.html
This appeared in Gold Coast Bulletin interesting read, particularly as shares have dropped another 3-4% today.
Shows that Derek was not the problem and was just used as fodder but sounds like he was lucky to get out and take the big cheque.
Will they survive long enough for chopes or then the Euro/Hawaii legs and if so will we get to have a live broadcasts? Bet some people are left guessing re flights and accommodation

[moondoggie]

geez moondoggie fortunate for you, you don't appear to have any money in a managed superannuation fund eh.

No I dont. I have my own super fund and any Fund manager worth his salt would not have had a sheckel in Bongmart for at least twelve months, or longer. Unless they were shorting the market.

Its a dog, its only asset is the fleas or the ability to fleece naive punters from their hard earned for inferior Chinese stock.

Boththe stock market and retail markets have woken up to Bongmarts "Three pillars of Failure".

The three pillars Bongmart fails on are :
A Quality = Shite
B Service = see A
C Price = worse than B.

Bongmart lost its way a long time ago, not a great place to be, heading into a retail recession.

[moondoggie]

P.S. Close today down another 6 and a half cents at

$1.855

would have been more but Aussie dollar weakness has slowed the fall

Penny dreadfulvile where are you.

Get in Nick Carroll it is looking cheap

[Nick Carroll]

Yeah I don't own any surf industry shares whatsoever, nor ever will as long as I am a journalist writing about surfing.

Billabong's problem is not quality or service, it's global over-investment in retail real estate.

Your read on the company's performance is hopelessly inadequate and is based on your own prejudices. But since you don't have any skin in the game, it doesn't matter eh.

[moondoggie]

Yeah I don't own any surf industry shares whatsoever, nor ever will as long as I am a broken- arsed journalist writing about surfing companies that may soon be out of business. How will I pay my mortgage???? I may have to get a job at the Manly Daily writing adds for Aldi.

Billabong's problem is not quality or service ,
( I think everybody in Australia should where Chinese made clothing and slippers ) - It was all those greedy "merchant" Bankers fault who made the boys invest in retail real estate. They should have listened to me, I told them to enter into novated off-balance sheet leases. I learnt about them in the Library.

Your read on the company's performance is hopelessly inadequate, so what if the share price has been in freefall from 16 to 12 dollars to $1.85 ( and is based on your own prejudices, you have white skin not tanned skin like me and everybody I know , anyways it doesn't matter eh. I've got my comfy Chinese slippers on and I like typing.

As usual YOU are right Nick," it doesn't matter eh"-

you are always right, yeah right, Nick... Write Nick.

[moondoggie]

Bong shares close at $1.80 after falling to $1.78

With the sudden flurry of activity in other er... shares looks like the er... journos are trying to bury this one

[saucy gibbon]

christ its been a whole day, i need to know whats happening at billabong !!!!!!!

[moondoggie]

Saucy
Good news
Bongmart is up 5 cents ( to $1.91) as we speak. Seems there was a positive reaction to the rumour floating around the market this morning of BBG introducing a new range,
the " Nick Carroll Signature, Slipper " (Made in China)* Of course !

Could be just a rumour but if it maintains this sought of daily gain on the back of increased slipper sales, Bongmart could be back up to 16 dollars in just under a aaaahhhh year...Who Knows? Even more if the range catches on with the lesbian Journo set.

* see post previous page

[collnarra]

apparently life's better in boardshorts. Or so I am told.

[Hollowed out]

Bong halted trading today and releasing new shares at 44% discount to raise cash shortfall they still owe after selling Nixon. See SMH link below
So who game to stump up more dosh (you can only participate if you have shares..and I don't) to keep her sailing? Take some balls after seeing share value tank 70% already in a year.
Looks like the saffa that replaced Derek is in panic mode
http://www.smh.com.au/business/billabon ... 20per.html

[Nick Carroll]

That last par is the one with weight.