tag:blogger.com,1999:blog-2686354713190138224.post3275269090906310994..comments2023-10-12T00:07:25.722+13:00Comments on roarprawn: NGAI TAHU RESULT DISAPPOINTING AND LACKING CLARITYUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2686354713190138224.post-83133877764873603602009-11-29T06:22:05.629+13:002009-11-29T06:22:05.629+13:00Yeah, its not good to be wilfully negative if the ...Yeah, its not good to be wilfully negative if the analysis needs context. Corporate perfection is improbable in the best of tiimes and relative performance against the conditions makes sense as a measure.<br /><br />That said, any outsider look at the tribal inside would question the commercial risk created by a major schism. It doesnt sit well to pretend that there isnt any. Id like to see the analysis of that on Ngai Tahu's current and future trading conditions (particularly in credit and reputational business categories), from directorial failure to resolve the internecine conflict.<br /><br />Once before the raider arrived when we were weakened from kaihuanga. Business is not that far removed from a similar world.Hanahttps://www.blogger.com/profile/12000682267525832885noreply@blogger.comtag:blogger.com,1999:blog-2686354713190138224.post-19936456687216364182009-10-28T20:21:58.280+13:002009-10-28T20:21:58.280+13:00first time i find myself agreeing with most of wh...first time i find myself agreeing with most of what you say.<br /><br />but some of your analysis is a bit simplistic - firstly a one year result in the midst of a recession is not a great measure and who was giving 7% interest last year or this? <br /><br />credible criticism requires robust analysis - ACC lost funds in shares and Tainui lost money in property - it is swings and roundabouts - the current govt bond rate is about what we got and lots of those higher paying funds went belly up<br /><br />however, you are right. historically NTHC has failed to perform and has not been held accountable<br /><br />we all know some of the bad decisions that cost lots of dosh and last year was no different. forex gambling by Wally and Andrew went bad this time around but in the past have paid off<br /><br />what i want to know is where is the credit for the fact that lots of business ventures went to the wall this year and despite the downturn NTHC actually did okay<br /><br />why can't we credit TRONT for taking a strong line in getting shot of the incumbents who were responsible for the forex mess and putting in place good leadership in NTHC?<br /><br />because that might suggest that TRONT is on the right track???Anonymousnoreply@blogger.com