tag:blogger.com,1999:blog-5623537812609722663.post6020580701450708207..comments2024-03-25T18:49:00.608+00:00Comments on The Pub Curmudgeon: Putting your money where your mouth isCurmudgeonhttp://www.blogger.com/profile/02558747878308766840noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-5623537812609722663.post-39674152001165841662014-07-17T15:59:01.798+01:002014-07-17T15:59:01.798+01:00I've only just noticed this post, CM, upon the...I've only just noticed this post, CM, upon the same theme that, coincidentally, I wrote about a couple of days later. Unsurprisingly, our conclusions are radically different.Neville Grundyhttps://www.blogger.com/profile/10923209266005338452noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-47313626923227487602014-07-14T15:21:42.794+01:002014-07-14T15:21:42.794+01:00a while ago the CAMRA investment club took shares ...a while ago the CAMRA investment club took shares in Carlsberg. Whatever the pros aand cons I thought that, symbolically, it wasn't the best move. However capitalism and sentiment don't really go together.Seannoreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-59680071360159028162014-07-13T09:56:38.382+01:002014-07-13T09:56:38.382+01:00Yes totally agree with Curmudgeon Yes totally agree with Curmudgeon Licensed trade accountantshttp://www.innspiredaccountancy.co.uknoreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-43336912618198595582014-07-12T08:08:20.521+01:002014-07-12T08:08:20.521+01:00The other area in which some people want CMIC to &...The other area in which some people want CMIC to "put its money where its mouth is" is to help community groups resurrect failed pubs. But I don't want to throw good money after bad, thank you very much.Curmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-906194733610364072014-07-11T08:32:07.533+01:002014-07-11T08:32:07.533+01:00The church has finally got it's act together o...The church has finally got it's act together on Wonga<br /><br />http://www.telegraph.co.uk/news/religion/10960434/Church-of-England-finally-casts-out-Wonga.html<br /><br />Just waiting for the church of beer to get it's act together regarding this investment hypocrisy.<br />Cooking Lagerhttps://www.blogger.com/profile/02830924433230427226noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-88151477973255076292014-07-10T17:53:36.653+01:002014-07-10T17:53:36.653+01:008.7% in Black Sheep? Try 26.12%, or the second big...8.7% in Black Sheep? Try 26.12%, or the second biggest shareholder behind the 30.68% owned by Giltspur Nominees Ltd A/C Buns, which is an investment vehicle operated by Brewin Dolphin. <br /><br />That's not just an investment - it's a potentially controlling interest.electricpicsnoreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-59440670121416361872014-07-10T15:46:51.088+01:002014-07-10T15:46:51.088+01:00I take it you haven't stumped up, then?
Brewd...I take it you haven't stumped up, then?<br /><br />Brewdog is a crowdfunding exercise, by the way - they're not tradeable shares.Curmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-30296524098694001422014-07-10T15:44:48.598+01:002014-07-10T15:44:48.598+01:00That's a bloody stupid principle, you're b...That's a bloody stupid principle, you're basically guaranteed to lose money if you just wait for every company you invest in to go bust or stop trading.<br /><br /><br />They should have bought the first lot of brewdog share issues for one thing. :-Dpynoreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-36679520397564222062014-07-10T15:18:59.936+01:002014-07-10T15:18:59.936+01:00As said, the principle is not to sell shares anywa...As said, the principle is not to sell shares anyway.<br /><br />But what *publicly-traded* beer and pub shares would you have bought instead?Curmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-32799973328302824652014-07-10T15:11:34.938+01:002014-07-10T15:11:34.938+01:00I'd be more concerned about how, with all the ...I'd be more concerned about how, with all the insider and specialist information that CAMRA members have available to them compared to the general public, these shares weren't dumped a decade ago.pynoreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-72679590525419900542014-07-10T14:14:55.021+01:002014-07-10T14:14:55.021+01:00No, because:
(a) these are not investments made b...No, because:<br /><br />(a) these are not investments made by CAMRA directly, but by a separate club of CAMRA members from their own savings, and<br /><br />(b) following the same principle, the Vegetarian Society Investment Club should only invest in companies producing and selling vegetarian food, not in payday lenders and minersCurmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-5623537812609722663.post-41124266848733210022014-07-10T14:04:34.256+01:002014-07-10T14:04:34.256+01:00"and may enable you to exercise some leverage..."and may enable you to exercise some leverage over it"<br /><br />they would need a substantial stake to stand a chance.<br /><br />by your logic the CofE should keep their investments in Wonga in order to try and ensure the poor and vulnerable are fucked over less nastily.<br /><br />or even the CoOp ethical investment fund should buy into diamond mines in despotic African countries and Indian sweatshops full of child workers just to ensure the slaves get a 5 minute break in their 18 hour day.<br /><br />The vegetarian society should be buying up Macdonalds shares.<br /><br />just so it can ask a question about stuff it don't like at the AGM<br /><br />If you can't buy enough of a stake to take it over and put a stop to what you don't like, your investment is tactic support of the policies and operations of the management. If you don't like it, it's a sell.<br /><br /><br /><br />Cooking Lagerhttps://www.blogger.com/profile/02830924433230427226noreply@blogger.com