Open Forum: December 14, 2019

Posted on December 14, 2019 by Sinclair Davidson

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5,297 Responses to Open Forum: December 14, 2019

Nob says:

December 20, 2019 at 10:01 pm

Frank Walker from National Tiles
#3268307, posted on December 20, 2019 at 9:36 pm
IGN actually does a good story and doesn’t crap on about social justice or how gamers are toxic.

So, if you find an opportunity, grab it with both hands, possibly lie to get your feet in the door.

Brilliant.

A tiny bit like oilfield equipment sales was in pre-internet days but general principles are still true.
(of course you never get consumer-scale volumes in technical B2B sales)

“Lie” is a huge exaggeration by the program makers. “White lie” maybe.

I often tell someone that I just happen to be in town for some other reason when I want a meeting, even if the point of the whole trip was just to see them.

Means it’s not a pressure situation.
MatrixTransform says:

December 20, 2019 at 10:04 pm

research it for yourself

searching Google isn’t research retard
Helen says:

December 20, 2019 at 10:05 pm

Bruce you are a legend, and thank you for your kind words, but mine are merely observations of what is happening. You do have to feel as well, to be able to describe, as you observe your birds and they trust you to provide food when they need it, and you miss them and are sad when they do not come. I’m glad your old boy came back, champion, but life is a cycle and ours is normally a bit longer than theirs.

Dont feel bad about the mince. That cow lived and provided nourishment for us and your birds. No different to her dead in the paddock and the crows eating her as would have happened one day, for sure.
Nob says:

December 20, 2019 at 10:05 pm

Porter
#3268313, posted on December 20, 2019 at 9:41 pm
Making local government more powerful would also check the State VIKPOL east and west from cancerous and massive corruption.

Frank has never lived in rural Victoria. Some of those regional councils make Clover Moore look like baby Jesus.

True.

Totally vulnerable to activist capture, mainly of the Green-Left variety.
Frank Walker from National Tiles says:

December 20, 2019 at 10:10 pm

Totally vulnerable to activist capture, mainly of the Green-Left variety.

We’re just leftists in Australia?

Elected US County Sheriffs (or even appointed police chiefs) aren’t known for being green left moonbeams, except in Seattle or Minneapolis.
Peter, formerly known as Memoryvault says:

December 20, 2019 at 10:11 pm

Helen
#3268327, posted on December 20, 2019 at 10:05 pm

Helen,
What a beautiful and poignant reminder of the endless Circle of Life.
Thank you.
Hazmatic says:

December 20, 2019 at 10:12 pm

1735099
#3268274, posted on December 20, 2019 at 9:01 pm

So you’re actually trolling John Oxley to prove that the Cinema that you claimed didn’t exist didn’t show ‘To Kill a Mockingbird”. Good luck with that particular obsession. Who is “we”, by the way? I’m chuffed that you’ve got a posse.

No posse. The we is you and I. I’ll get to the John Oxley in the next fortnight or so. I’ll let you know how it goes. You’ve dug in on this one. You’re retired and an hour away. You could have easily done it yourself… What a triumph it would have been. See here.
Date 1977.
Place Gaythorne Cinema 😉
Here’s the advertisement for ‘To Kill a Mockingbird’
It was a matinee.

Dates places and times.

Remember what you need to confirm is this:

In 1977 I was teaching at Corinda State High which at the time had a cohort of newly-arrived Vietnamese kids fresh off the boats.

One day, I drove a mixed group (Vietnamese kids and kids with disabilities) to the Gaythorne cinema to watch “To Kill a Mockingbird”.

As I pulled up in front of the cinema, a bloke in army fatigues proceeded to abuse the Vietnamese kids calling them “dirty stinking noggie c**ts”. He left after I threatened to call his CO, but I had a lots of very distressed kids to deal with. He was probably a Vietnam Vet – was about the right vintage.

“I’ve been going through my letters –”

That’s great! More progress. Which letter confirms the remarkable section were you in when you told the Parable of my two murri mates?

“I served in 5 Pl B Coy 7RAR in SVN in 1970. On arrival in country my section consisted of a Sri Lankan, a West Indian, 2 Murris, a pommy, and bloke of Polish heritage. The rest of us were Australian born. None of us gave a stuff about religion or race. What mattered was how we covered each other’s backsides. consisted of a Sri Lankan, a West Indian, 2 Murris, a pommy, and bloke of Polish heritage. The rest of us were Australian born. None of us gave a stuff about religion or race. What mattered was how we covered each other’s backsides.”

Explain those discrepancies?

You lie to everyone. You lied to your mother. There was no SIW reported as WIA in 7RAR prior to 27 March 1970. None.

Sad that.

Sadder still is the fact that you just give it up.

“I did have some stickers on my Volkswagen which read “Support the NLF”

In Queensland in 1968…
Please…

Pathological.
Nob says:

December 20, 2019 at 10:23 pm

Frank Walker from National Tiles
#3268329, posted on December 20, 2019 at 10:10 pm
Totally vulnerable to activist capture, mainly of the Green-Left variety.

We’re just leftists in Australia?

Especially in Australia. Rural areas populated by tree-changers and “decentralised” govt facilities creating mini-Canberras. Industry has been gone for a generation and the new population fears it like Blake’s satanic mills. No mines, wells or power stations please.
Overburdened says:

December 20, 2019 at 10:24 pm

Elizabeth

Give him a bit of a once over and tell him how much fun he will have when the doovalacky is sorted out.

Should be up and running in no time.
Porter says:

December 20, 2019 at 10:29 pm

Haha even the Russians were trolling the lefties https://www.twitter.com/tassagency_en/status/1207673335649374210
Mark A says:

December 20, 2019 at 10:31 pm

I wish the moderator would call an end to this Vietnam saga.
Getting to a stage where it’s driving people away.😴
Knuckle Dragger says:

December 20, 2019 at 10:33 pm

The Great Heat, which turned out to be half a hot day has lessened to 35 degrees in Yarrograd.

No spontaneously combusting kittens, I’m afraid.
Knuckle Dragger says:

December 20, 2019 at 10:36 pm

Liability Bob uses the George Costanza model.

If you believe a lie, it becomes the truth.
JC says:

December 20, 2019 at 10:37 pm

Bruce of Newcastle
#3268272, posted on December 20, 2019 at 8:57 pm

…and Jeffery Epstein didn’t kill himself.

Here you go Dot:

Surveillance footage outside of Jeffrey Epstein’s cell during suicide attempt is missing (18 Dec)

Bruce, just because it’s missing doesn’t mean he didn’t kill himself. You’re not dealing with the brightest and the best when it comes to prison guards. Espstein was a monster, but he was also incredibly smart. He would have found a way to end his life and chose to do so.
8th Dan says:

December 20, 2019 at 10:38 pm

searching Google isn’t research

Mosaic … Frank didn’t say where he found his reference. It is amazing just how much good, verifiable information is available on the internet. Businesses, including legal firms, employ research staff who are skilled at finding that information. Lots of those research people do use Google, some rely on Wikipedia … evn you, when you provided this link from Wikipedia (Mosaic Trisomy 16) in your Open Forum comment back on 7 July last.
Zulu Kilo Two Alpha says:

December 20, 2019 at 10:38 pm

I wish the moderator would call an end to this Vietnam saga.
Getting to a stage where it’s driving people away

Quite fun, watching Numbers Ho disappear up his own fundamental orifice.
Overburdened says:

December 20, 2019 at 10:40 pm

In the spirit of Christmas (preferring to beat the rush) I would like to thank all of the pixels here.

Opinions are like arses as they say.

Now that I have fulfilled what I think is a social convention, considering my short engagement with this august website, I would like to say that it may be a Christmas wish to go full tilt one on one, website speaking, with the resident fuckwits and their noms de Guerre.

Naturally I will ignore this esprit du corps of the holiday season and ignore the pricks like I do now.
Snoopy says:

December 20, 2019 at 10:42 pm

Frank Walker from National Tiles
#3268329, posted on December 20, 2019 at 10:10 pm
Totally vulnerable to activist capture, mainly of the Green-Left variety.

We’re just leftists in Australia?

We’re not in Kansas.
Nob says:

December 20, 2019 at 10:47 pm

Shouldn’t be too hard to set up a drafting algorithm that funnels every post that mentions VN plus anyone who engages with it to a separate branch.

I have no grudge with any party, just I’m getting RSI from scrolling.
Porter says:

December 20, 2019 at 10:48 pm

The AFP has frozen the bank accounts of a suspected foreign agent and will move against a range of foreign operatives in the first half of next year.

That’s almost like telling foreign operatives to get out of the country now. What a bizarre lede from the Australian, unless this is a Friday night dump designed to take the heat off Morrison.
Overburdened says:

December 20, 2019 at 10:48 pm

…..not saying they’re not worthy, but they’re not worthy.
Frank Walker from National Tiles says:

December 20, 2019 at 10:49 pm

We’re not in Hogwarts anymore.

“Testiculum changium existo vagina”

*FINITE INCANTATEM!*

JK Rowling is Officially a TERF – The intersectional Twitter hate mob descends to give her the tongue-lashing of tolerance.

https://www.youtube.com/watch?v=sH781lETcyM
mh says:

December 20, 2019 at 10:51 pm

Police officer Amjad Ditta in group charged with sex offences

Sixteen men including a police officer have been charged with historical sex offences against children aged between 13 and 16.

Those charged are:
Vaqaas Abbas, 30, charged with three counts of rape and three offences of supplying a class C drug
Nadeem Adalat, 34, charged with four counts of rape and four counts of supplying a class C drug
Sajid Adalat, 43, charged with rape
Vaseem Adalat, 33, charged with two counts of rape, trafficking and supplying a class C drug
Amjad Ditta, also known as Amjad Hussain, 35, charged with sexual touching
Christopher Eastwood, 45, charged with two counts of rape and two counts of supplying a class C drug
Metab Islam, 46, charged with six counts of rape, six counts of supplying a class C drug, two sexual assaults and conspiracy to pervert the course of justice
Mohammed Rizwan Iqbal, 34, charged with rape
Ishtiaq Latif, 32, charged with sexual activity with a child
Asad Mahmood, 33, charged with two counts of rape and trafficking
Arfan Mir, also known as Khalifa Mughal, 36, charged with six counts of rape, three counts of supplying a class C drug, supply of a class A drug and conspiracy to pervert the course of justice
Younis Mohammed aka Younis Khan, 34, charged with rape and causing a person to engage in sexual activity without consent
Nadeem Nassir, 39, charged with rape, supply of a class C drug and making threats to kill
Shahzad Nawaz, 40, charged with rape, supply of a class C drug and making threats to kill
Shazad Nazir, 44, charged with two counts of rape and two counts of supplying a class C drug
Sohail Zafar, 36, charged with rape and supplying a class C drug

https://www.bbc.com/news/uk-england-leeds-50838823
Overburdened says:

December 20, 2019 at 10:53 pm

Morrison should have no heat.

There are people in positions of authority to deal with it.
JC says:

December 20, 2019 at 10:54 pm

Tesla hit $71 billion market cap yesterday tearing the private parts off the shorts. I’m posting this for all the psychological shorts at the Cat. I’m psychologically long. 🙂

Tesla Stock Could Double, Investor Says. A Better Battery Is a Critical Edge.

I swear, I’m not getting any satisfaction in posting this and seeing the pain. I swear, truly I do 🙂

Oh, and:

404.04+10.89 (+2.77%)
At close: 4:00PM EST

407.73 +3.69 (0.91%)
Pre-Market: 6:53AM EST

A former Wall Street tobacco analyst has an idea why Tesla shares hit a record high Thursday, capping a nearly six-month run during which the stock has more than doubled.

The stock (ticker: TSLA) rose $10.89, or 2.8%, to $404.04, valuing the controversial car maker at $73 billion, third in the industry behind only Volkswagen (VOW3 Germany) and Toyota Motor (TM).

Tesla, says Gary Black, is fending off competition from established car makers like Mercedes and Audi that have introduced their own electric vehicles because Tesla has an edge in battery life. That is critical to car buyers.

Black, who made his name as a tobacco analyst for Bernstein in the 1990s, says that part of the Tesla bear case was that the company, which now has a roughly 75% share of the U.S. EV market, would get buried when established luxury car makers introduced their own EVs, backed by their strong brands and dealer networks. However, a Mercedes electric vehicle’s U.S. launch has been delayed until 2021 and new EVs from Jaguar and Audi have sold slowly.

“When you talk to dealers and non-EV users, the biggest obstacle to buying an EV is battery charge. People want the most range,” says Black, who was chief executive of Aegon Asset Management from June 2016 to September of this year. He is now a private investor.

The entry-level Tesla Model 3 has a range of over 300 miles, more than Porsche’s new EV Taycan at 200 miles. The Porsche’s price of $100,000 is about double that of the Model 3.

Black’s view is that Tesla’s sales, now running at an annual rate of about 400,000, can hit 1.8 million by 2024, or about 10% of the U.S. car market. This could result in $8 billion in earnings before interest, taxes, depreciation and amortization, or Ebitda, in 2024, and $27 in earnings per share. Put a multiple of 30 on those projected earnings and Tesla stock can double to about $800, he says.

“I’m a value investor but I like to buy growth companies at a discount to intrinsic value,” he says.

Tesla was profitable in the third quarter and Black thinks the company’s earnings will grow, drawing in a new group of buyers for the stock. “Once you turn consistently profitable, you can attract a broader range of institutional buyers,” Black says.

The growth of socially responsible investing highlighted by the environmental, social and governance movement should benefit Tesla, he adds. “ESG investors want to buy into companies that are making a positive impact on the world, not just avoid areas like tobacco,” he says.

Pressure on Tesla short sellers will grow, he adds. The most recent short interest was large at 28 million shares, or 20% of the float in the stock.

Black thinks Tesla’s balance sheet, another focus of bears, will fade as an issue as profits begin to emerge consistently. The company had about $11 billion in long-term debt at the end of the third quarter and $700 million of annual interest expense. Black says that if Tesla can generate $3 billion of Ebitda in 2020, the company will easily cover interest expenses and lay to rest the balance-sheet concerns.

Bondholders already are more comfortable with Tesla. The company’s benchmark 5.3% debt issue due in 2025 has rallied to a price of 97 cents on the dollar from a low of 81 in May, cutting the yield to 5.8%.

Black says the key to any Tesla forecast is to what extent EVs penetrate the U.S. market, and the company’s share of the pie. Both are subject to considerable debate.

He assumes that electric vehicles’ share of the U.S. market will be 25% by 2024, up from about 3% now, and that Tesla’s piece of that will fall to 40% from 78% now, to reflect competition. That would mean about 1.8 million in U.S. sales. Then there are sales in the overseas markets like Europe, where there is a big push by governments toward EVs.
Overburdened says:

December 20, 2019 at 10:55 pm

They always eat their own in the end.
MatrixTransform says:

December 20, 2019 at 11:02 pm

JC, you got the same problem 1/8th does

chicken entrails are not reliable
Lazlo says:

December 20, 2019 at 11:02 pm

EV’s share of the US market to be 25% by 2024?

Don’t be silly.
8th Dan says:

December 20, 2019 at 11:04 pm

I wish the moderator would call an end to this Vietnam saga.
Getting to a stage where it’s driving people away

I’d think not. But then maybe you’ve seen the blog stats. Maybe you should expand your request to include:

– the bitches bitchin’
– the endless fantasies that cause the bitchin’
– A Model Ford restoration blogging
– endless repeats of jet planes in the Welsh highlands
– endless old-fashioned music videos
– endless repetitions of Lisa Gerrard gurgling “Now We Are Free”
– endless …
JC says:

December 20, 2019 at 11:17 pm

Laz

He’s referring to sales for the year, not the share of the entire US car fleet.

JC, you got the same problem 1/8th does

chicken entrails are not reliable

It’s capitalized at US$72 billion which makes some of the large carmakers look like minnows. These entrails look pretty decent to me.

I’ll tell how Tesla may not make the hurdle in 2024. That’s if someone buys them and then it wouldn’t be Tesla anymore. 🙂 Just an out there hunch. I think Apple could buy Tesla.
Knuckle Dragger says:

December 20, 2019 at 11:18 pm

Endless, pointless socks……
mh says:

December 20, 2019 at 11:22 pm

They always eat their own in the end.

Phrasing
Lazlo says:

December 20, 2019 at 11:24 pm

He assumes that electric vehicles’ share of the U.S. market will be 25% by 2024, up from about 3% now

Seems unambiguous to me. Am I missing something?
Elizabeth (Lizzie) Beare says:

December 20, 2019 at 11:31 pm

Grigory aka Danielle the 8th showing his true colours now. When he starts calling me a fantasist, which I am not, we know for sure we are dealing with Grigs, whom Doomlord has axed regularly from here. I earn my place here as a lightning rod if nothing else when it comes to Grigs, also Steve from Brisbane, and also Birdie. As extra surety, he’s doing the old Grigs trick of dredging backthread on someone to ‘correct’ them.. Dot I think. He’s gone all the way back to July 8th just up above, ffs. Grigs, pure and simple. Go on another NZ cruise on the Ovation and take in a volcano trip this time, Grigs.

I’ve just come on here by my phone as my laptop connection to the Cat is arguing with Osblogistan.
Seems Overburdened wants me to do some heavy lifting. Haven’t found out what about yet.
JC says:

December 20, 2019 at 11:32 pm

Yea, he’s talking about the US car “market”, not the car fleet. Those are to different stats. The “car market” refers to sales in a particular period.
Lazlo says:

December 20, 2019 at 11:35 pm

Sure, so 25% of sales in 2024 will be EVs? Still silly. Wanna make a bet?
Infidel Tiger says:

December 20, 2019 at 11:36 pm

JC we have our own Tesla bet, and I am very worried.

A friend of mine’s S series just arrived and he is the happiest fucker on earth. He ordered it 3.5 years ago! No other car brand on earth would cop that delay for a mass market car.

Tesla is a ponzi, but an amazing brand. I look forward to buying you lunch.
JC says:

December 20, 2019 at 11:38 pm

Laz

If I was betting, I’d buy the stock. I’m not because I don’t like the sector.

How much would you like to bet anyway?
Elizabeth (Lizzie) Beare says:

December 20, 2019 at 11:39 pm

Oh, it’s about the new CD. I just had to get the plastic ends off the copper wires for him with my tiny fingers. It’s all done now, we’ve had dinner, watch another episode of Mad Men (Don’s life in flashbacks due to mid-life crisis) and the CD has done sterling work with Handel’s Messiah.

‘Cos it’s nearly Christmas.
Leigh Lowe says:

December 20, 2019 at 11:39 pm

Knuckle Dragger

#3268161, posted on December 20, 2019 at 6:15 pm

Emitter,

Take it from those who’ve kept a keen eye on this entire fiasco for the past few years.

Please, please don’t go all 8th Danielle here.

Sound advice.
I took particular interest in Ken Jones testimony and I noted at least five instances of hostile counsel trying to get some mud to stick to Jones.
Of course, none of it was exculpatory for the fat blue line or cueball. It simply tried to imply that Jones was in on the joke.
It was mostly trying to make Jones accountable for stuff which was clearly not within his control, but to a 25 year old gullible j’ism intern it might sound like it was. Typical “News at 6” soundbite lawyer stuff.
The most outrageous one was a standing meeting held whilst he was on holidays where some particular fuck up was mentioned, minuted and filed away.
He was asked why he didn’t know about a meeting he wasn’t at and minutes he wasn’t given.
That is what I meant by asking gas emmitter to quote chapter and verse where Jones was not credible.
JC says:

December 20, 2019 at 11:42 pm

laz

I’ll take a bet at 7:1 in my favor. That still gives you a little room on the upside.
JC says:

December 20, 2019 at 11:48 pm

I bought a Juul today from a dude selling vapes in my neighborhood. Juul has 5% nicotine and apparently the small pod is equal to a pack of cigs. It sure feels like it.

The fucker is selling the things including nicotine pods, which is illegal to do so in this shithole.

I’m 100% sure someone will dob him in.
Lazlo says:

December 20, 2019 at 11:53 pm

JC Going to bed right now. Will resume clarification on this bet tomorrow. But if you are apparently offering 7:1 on 25% EV sales in the US in 2024, then I am in Bill Shorten territory.
Leigh Lowe says:

December 20, 2019 at 11:54 pm

Knuckle Dragger
#3268054, posted on December 20, 2019 at 4:29 pm

Hahaaaa.

Winneke QC: ‘Did you keep a diary during 2007?’
Thimon: ‘No, I did not.’
Winneke: ‘Are you sure?’
Thimon: ‘Yes I am.’
Winneke: ‘Waddaya call this then?’ (Produces 2007 diary)
Thimon: ‘Oh. That’s a journal.’

This is intentional perjury, during a Royal Commission.

I think that was a piss-take dot.
My feed dropped just before the “Eureka, found diaries” moment, but I suspect KD is doing dramatic enhancement.
Even without that, it was a golden moment.
JC says:

December 20, 2019 at 11:55 pm

then I am in Bill Shorten territory.

You have to explain that.
Top Ender says:

December 20, 2019 at 11:59 pm

Goodbyeeeeeeeeeee to the old fred…………
Lazlo says:

December 20, 2019 at 11:59 pm

Bill Shorten: 50% EVs by 2030 (or whatever). I should have said, you were in Bill Shorten territory (on this one, not anything else).

Comments are closed.