Kavango Resources Share Discussion Threads

[martini] 12/3/2002 22:22

Having just received Michael Walters latest Investment Comments Email I see he has been taking a peek at the BB's again and stuck the knife into Kavanagh even posting a link to the site mentioned above ( )
Miaow Michael
M:)

[kd1] 12/3/2002 22:18

Quote of the day

"It therefore does not make sense to utilise a stop loss policy as it shows that you do not trust your analysts.”

[cymro] 12/3/2002 21:23

I am kicking myself I hadn't kept a note of some of the things Kavs said - some real wacky predictions - there was a classic about PSION that I can't remember exactly. In all fairness he is probably no worse than other broker/analyst. It never ceases to amaze me that so many investors do follow these people. A broker upgrades it's stance on a stock and whoosh up it goes.

BFN

cymro

[scripophilist] 12/3/2002 11:02

I think during all great bull runs lots of people get confused between skill and market forces. Stock picking takes on Harry Potter like proportions. Even my cleaner recommended a stock to me during the tech boom. History has a strange habit of repeating itself.

:)

[m.t.glass] 12/3/2002 10:47

Nor me Scripo. Would people blame Mystic Meg or Russell Grant if shares bought on their advice failed?

Yes I know we're talking about people who present themselves as something a little more reliable than those two, and who wear stripey suits.. but the differences are minimal.

[henrysugar] 12/3/2002 10:46

Great site.

I agree that all of the people who have lost money were effectively sitting there in 1999 like cartoon characters with dollar signs in their eyes...

But the arrogance of Kav and others is breathtaking.

HS

[scripophilist] 12/3/2002 10:37

Caveat Emptor. The city is their to make money from clients not to make them rich. I don't understand why people get confused about this.

[limpsfield chartist] 12/3/2002 10:33

Shocking reading - I have heard similar stories from a few people on courses who had invested significant sums with these guys and other brokers on a discretionary basis. This web site is proof positive that most of the so-called pros don't have a clue

[analyst] 12/3/2002 10:02

Unhappy Killik Wealth Management Service members have set up a site dedicated to Kavanagh. Legal action is on the cards.

[mh] 21/2/2001 00:33

Was he not wearing his brown trousers today then ? What is he shorting now ?

[aquila] 20/2/2001 19:54

check WCL tipped at 70 ish.......an expert is someone more than six miles from home....
as Limpy says..if it's going up ... .., if it's going down .... it , etcetera etcetera..
But I'm still going to go on tipping on these shows whatever you say.

[spectoacc] 20/2/2001 19:21

.....If not, he should be.

That ought to be the first post!

In his defence, there can't be many techs that he could have tipped that wouldn't have fallen. But I see very few sell recs, very few admissions of error, very little attempt to change the record despite a string of failures.

No doubt at the end of the year we'll be shown how he's outperformed the sector. I don't envy his job, but yes: his record is outstandingly bad currently.

[tocsa] 20/2/2001 19:18

He should be investigated for wrong advice and sacked from the TV,my opinion only

[velocity] 20/2/2001 18:38

Gone very short on autonomy.....

[moonblue] 20/2/2001 17:24

he tipped autonomy today ...and said he was on holiday when bhm fell 50 %

[hindsight] 20/2/2001 15:09

He seemed a little uncomfortable today
The calls, letters and emails he must be recieving is having an effect
Was suggesting it's time to batten down the hatches, but its a bit late when he's been telling people to have them wide open in the tech storm
Does not look the type who would do the honourable thing and go down with the ship
H
For the benefit of new posters, IMHO over the last year the majority of posters on this premium BB, have been in a different league

[llucky] 20/2/2001 10:13

Warning...

He's Back - On Money Channel and Bloomberg today. A few more tips to short!!!
His holiday obviously did not make him reflect on his career and decide a change was in order.

[dil] 18/2/2001 19:17

As I posted elsewhere , these tipsters ought to be made to put their own money into what they are tipping AFTER tipping them.

Dil

[scripophilist] 18/2/2001 18:34

By accident, You have all just identified why active fund managers can not out perform an index.

[rayrac] 18/2/2001 14:08

....Or lose a grip on our money?

[markready] 18/2/2001 14:03

and if he hasn't should he be, I'm sure most of us would be sacked from our jobs with this sort of performance.

[rayrac] 18/2/2001 13:59

Crossed my mind! He certainly seems to have got things a shade wrong lately :o)

j