Do Go On - Rise of the Giants

Episode Date: March 20, 2021

Randy and Danhai pop up unexpectedly with the first episode of 2021.Surprise? Maybe. Banger? Definitely.Brick time.Contact📧Mail - [e-mail] us on Twitter here 📱 www.twitter.com/Earnings_SeasonRandy - @RTRoweDanhai - @HDanhai ★ Support this podcast ★

Hi guys, welcome to Erning season. Erning season she haven't heard from us in a while. Good, good, good, good, my thought. MIA, let the vaccine. We've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been, we've been the wrist. Ha, ha, ha. Ha, ha, ha. We are, we're talking because then I'll be talking, I'll be saying, you know, it's a long time ago or something. We really should put something on my oats. I say, let's do it. And everybody asks, I am asking both the podcast.

Right. We got, we got stiff. We got stiff tingle. Who was it? You know, I hear not none less. I live. I used to be so dumb. Yeah. Because Steph's thing, you know, you're not miss a life. I miss a life. Yeah.

But what? Instead of space, kind of boring. Space, no. No. To be honest, I find that's been from 2020. I figured out all the voices that you usually hear in the market, you know, to tell them, they kind of told, they kind of phase, they're not really talking as much.

Just talking more than they were talking last year. No, but I think when the market took a hit, some people, I don't, I can't speak to the reason why they were not speaking. Neither. I definitely saw a tone down from other people, but it seems to be bouncing back right now. the market the market won't again I guess. That's true what we did say that right that about the first quarter 2021 the other C people start into the market. Yeah. Yeah. Well, let's see if that's

happening that's happening no well they're hearing from us so people don't be angry it's just thanking because here we are, right? You need. Yeah, the second party. Grisha. Grisha. So he was also saying that since I stopped taught in the relay here, not next item. And it's because I've been in draft,

a good fellow is seen, which not quite true, Steph. Steph, can you pay me? This one is free, right? This is free, right? It's free, right? And, and, and, and, we've done a lot of free. So there's a lot of free things that would, that, that people have benefited from from us.

But, um, and we, we're putting the pay, the pay for, follow, we're putting it. It's a good, that would be, is it not? Oh, yeah.

Yeah, yeah, yeah. More than those, the more than those to laugh about it, you know, it's like, I think it's, it can actually help the space. Oh, yeah, yeah, yeah, yeah. More than those, what I'm not allowed for, you know, I think it's, it can actually help the space. Oh, yeah, no, not just the space, that you do like, come up business perspective. It's amazing.

It does content. You know what it is? It's direct revenue attachment to individual creators. There's this thing I was reading, if you want to lay, well, hi guys, welcome tonie season, we're going time Jens. Here's a long line of data put together. As reading about my favorite world leader, Mia. I was actually really love what my favorite world leader put in. And he had

dropped in on the W-E-F meeting, I think early in 2021 or late 2020, right? And they gave an unexpected speech and unplanned speech, which pretty much so out the buildings that you can look at, you can't check the show, not tight. But one of the things that was being said at a conference outside of him was that part of the new way of thought that the WF is seeing the future being built is almost a democratization of income, right? Our democratization of not income power, but they don't call it power, obviously. Just mean like the regular consumer, the

regular person out there, you are literally what you are, and there's value attached to you and if you really want to make it deeper and esoteric with this, there is economic value and economic value has to be phoned heavily and there was a push towards getting economic value from individuals which because I mean instead of hosting it all in one thing is like I'm trying to talk about slavery, but if you hose all of your revenue and all the expenses and whatever in a business and that business face is lots of pressure and business face pressures all over the world taxes blah blah blah blah. If you democratize that, then you bring it onto people and you can earn from individual

people and then you can do little things along the way like I don't have to wear about your tax burden because I don't have a company, I don't have a marketing agency, I just have 10 influencers that have signed as contractors, right? Or I have an agency who has influencers signed. Does that democratization of money is what I'm seeing across the board, right? And the value flows more evenly.

Exactly. And bringing it back to value, I think I should say it officially, because we have said way back when it just started is that big kind that we weren't crypto. Good stuff. But wasn't at the point where it's ready yet. No underlying value blah blah blah. And obviously I'm famous for saying. People were in the crypto groups with me would know I say that I tend that yo pay attention to when the old smart money starts to move and that's when crypto will actually start having a value and those guys don't lose. So when they start getting to it, then they'll move right. I know we've seen that we've seen lots of governments get into. We see the B.O I was not saying that. Or the new maroon leader saying that the looming is not a real thing. Yeah. And it seems funny.

It's a lot of things. But you know the usual, somebody attacks you something to you. The best way to benefit out for you. It's a no one's side. I never mind that one. No, but I've been in general. So I didn't know I can't touch it. Like, oh, Black Lives Matter. Think about that. It's spicy.

There's so much money on the back of it. So it often presents itself like a social justice thing. But then you find that there's not really one central black lives motto and then the organizations on the back of it All right, Mr. Inval in the work that is being done for the cause So you find that you this guy's he sells black lives metal t-shirts. He's never done it really He's never organized already. He's never spoken out. You know, you don't know his voice But he's he has but he has something named back guys, Matt, I'll say corporation,

or whatever, whatever. But he's profiting so much from it. Probably like that in a room somewhere you don't know about. And there's so much of those on the back of that ice mat. So. I'm happy that you said all of that with mentioning Nike. And I'm happy that you're rich on Nike.

I mean, big of Nike as a company as stocks go, top tier. But as an influence to the movement, I mean, it's a business. They sell the anti-NFLT. It's nice marketing. Yeah. Anti-NFLT shirts over here, sponsored NFL over here. Yeah. So, yeah, somebody always going to, around the somebody can add in five validers

to piggyback that. And there's no getting away from that. That's the reality. Yeah, you can choose not to participate, but it's still going to happen. It's still going to be that somebody's going to have to pay the pipe or see the paper pay themselves. Yeah, so the democratization of all of these industries is that scene, right? And then in some

places democratize poor shows itself in many ways. So like there's Jeremy, GameStop, we started, what, what, oh yes. Yeah, which is a big deal if you're watching it on news, but if you understand investing if you are not, it's a very different story from what is being said and the biggest thing for me with the GME because everybody comes to me everybody came to me and asked, what do you think both it's on, I want my thoughts on it and I also got a lot of arguments because everybody was I hate poorer, I don't dislike polarizing issues because very often you can find somebody, people going to choose a side. But in investing mindset, you very often have to choose not to choose a side.

You have to get a one and say boy, there's merit here and there's merit here. On both sides, there are good arguments being thrown on both sides. There are good arguments for whatever should lie or whatever where the book stops. But everybody was either choosing to argue for the people or against or for the corporations or the legal system and who they benefit and whatever. To be honest, on both sides, there were there's truth on both sides of what the real thing was going on. So you hear or bring the poor back to the people they can trade and they can do whatever. But so even though I was saying boy, even though this looks like this thing, I can be construed as whatever it was.

And then they would say, so they were arguing against the corporations actually look on the corporations they kind of did and then they did what they said they would do but they did what the people they four of the people groups and they would look at it and the whole stopping the training thing out of all. So everybody showed the head. Yeah and like just this link to the same crypto point that crowd don't lose. Yeah, it's a simple thing that crowd don't lose. And yeah, it's a simple thing that crow don't lose. So it's not that you can't. And they talk about how much money was made from G&E. And they eat.

Most of it was not the grocery fix. But then the secret is just like bringing it back to jesus is the same thing here. I always been to people who have more money than you on the market. Who are doing something for their own reasons. The secret is to be able to figure out those reasons and tag along. I always go to people who have more money than you on the market who I'm doing something for their own reasons You see it is to be able to figure out those reasons and talk along Leach and dogiva down about about us might not even know us right But if he intends to grow his our bank

Then if you can get shares in that bank then he can't grow it without without you benefit also and if him give himself a smidge in more of a dividend then you're dividend also go up as smidge in more of course he's not about is it laws at a jungle and the thing that protects is not the block and not protect if a lock would have to discriminate to do that exactly exactly and and so the law what a lot is a lot of fear of playing field and the thing that would protect you is knowledge, not anything else. But yes, so we're going to all the way back to crypto. I think that the big money is ready now. I think this government is going into it, if it's going into it. I think China doing that test successfully and what we're not knowing is China, economy, it's inevitable. And then democratizing a digital currency is pretty much democratizing cash, which was already democratized. But it's not hidden.

Not hidden. A whole new level. Yes. We used to be able to have, we used to have to guess where the cash was. And they're hidden areas for cash, or to know it's this is cash, but we know where you are, which means in fact the data sits on top of that.

So that is why that democratization that's happening, which also hits crypto and his business all over the world is impacting many many spaces that is changing, holding entire spectrum of money looks and will look over the next 10 to 20 years, right? Interesting point, no for crypto. what an extent to 20 years, right? Interesting point, though, for crypto. The OG crypto guys, it's always talkable, whole decentralization, movement away from government, or on what they were able to do. And we always, I always said to them,

you remember you said the same thing, too. And go, I mean, I get to find those, that you lie on there, I don't want to make you walk on a bus because boy, you feed, you want this pause. In a day, what really gave them a thing, even though that was argument then, no, you come back to, you come around and what giving, what's given them legitimacy more than anything is the governments.

Yeah, in the same, the same people are fighting is what it means a whole scheme over really a month. Yeah, exactly. Which brought, sorry, I remember why I got this. I talked about the Maroon currents and the Loomy. As much as he was trying to protect his name, he also understands that there's value there. He's, I believe, he's in finance. Or he has some financial evidence.

So he knows that, you know, I think so. I can have somebody as older, having a digital currency from a central bank. Even if you don't recognize the legitimacy or the sovereignty of my own nation, if somebody does, recognition is a power and if you do, that's real. It can either I lose out or when I choose to do something real, you have no damage because you have a copycat. It's already there exactly. Yeah, so it really is a shift in what's been happening in terms of the whole space. And when Dan and I were talking about this episode, we said,

we're gonna talk about the space a little later on. We might still do it, but I think we should really, what should we do? Should we start with, I mean, the market, the market is the core of what we do. We don't have a right to start. Let's start there, what you want to start with then I. Hello, we did mention GME and we've got speak about the thing that everybody tries to make a par

out of for a GME for in low quality. I, it's funny because I see that very differently. So some people are clear what we're talking about the great, Cbooni, right? The great Sibooni, everybody's very tough. The living dead. The living dead, who do I? So usual as we always say on this podcast, currently speaking of what we've spoken about,

the same club you're on before, Sibooni is still at that company, he's been at that company. Yeah. That meaning there's no operation. He just has some assets and he's funny because the age of recently, he spoke about something that's seen like, no I'm wondering if he didn't realize that before, about the cash burn situation, about how much cash they have left and how much expenses they have.

Somebody didn't know, everyone, everybody's quoting the directors. about the cash burn situation, I will almost catch the how they have, and how much expenses they have. So, you finally know, everybody's quoting the directors, so I won't believe they're actually checking the financial level company. No, yeah. Why is this no surprise? Because what we do, what we do, is what you'd see me do, what we do,

what you've learned, and what we talk about is reality of investment, and the reality of understanding the thing you're investing in versus just repeating the popular lines. A lot of people first and they even knew I think that the C-Bony was over the last three months. So the thing was going open and it's not popular, it's tough. You would have seen, you'd have heard about C-Bony like I think when you just started.

Oh yes. And I would have been saying the same things back then. They company. They company. Yeah. It's something that you have to understand in order to really get anywhere. You know, don't touch it. I don't find it interesting though.

The whole comment journal and the closet. So, Cibody. They're trying to make a part of GMB versus C-Boy. And I can't see where there's heavy, there's heavy comparability in them because all right so GMB is a company still very much around. It was moving. So the initial sport for Jimmy was people saying, why I believe it's worth more than it is not. Yeah, in fact, the initial sport for Jimmy was the Wall Street but scrolled going ahead.

Here's a situation in which our size can influence us squeeze and we can start squeeze the big guys. Exactly. Yeah, it was actually on the forum, on the public forum, by a public play. We're going to do this in a certain way, that if we push it that certain way, then this doesn't get our call to say, hey, you need to pay some more money. Or you get hit. And it's a way too much more money. Or you get hit and on the price by spike based on that hit. And the thing that will prevent you from being able to

pay the money or buy more shares to cover is the fact that the people holding it are going to hold it. So they're not going to sell. There's always a limited supply. So they're not going to sell. So you're going to be limited what you can buy to cover your sharp position, which you have to earn back the money in order to pay it or to be getting that car, right? It's a pity. Oh, shartin is such a great. Sure. It's such a great insurance policy. I don't think why people don't get that it's like the market needs it.

That we can do that. We'll do that some other time. But yeah, so was the play for them were simplified. It's pretty straightforward. It was out there and the play for everybody that was speaking about Siwon, I can't see where they can really give me a reason. I can't find one sheep to say this is why I said when you went up. most people say this is why it's a money went up. Because the same people are asking the questions about it going up.

I heard the same people who know claim to know why it went up. And they're very, very adamant that this is why it went up on whatever whatever. But then they can't, they're not this way. This way went up. They are adamant that they know why it went up. But have yet to find out. Or this is who bought this is why the bottom. Nothing really. So, you see things little right apparently me asking about it. Yeah, so you asking somebody is funny. I mean literally asking about it is like to give you that energy. I actually didn't want to go there. You're right for right. You're on the very wrong and they're wrong. The funny thing is the funny thing is I was very recording is no post. Oh yeah, we can't say where they're on.

Yeah, support AGM we're recording this and funny enough because it had that wonderful spike that wonderful fall. And overseeing it spike again post AGM. And I was laughing about it because and post AGM spike and again, and we've been quite. That's an interesting part. Have you been dying? No, I'm not anymore. I haven't been dying so I didn't say the other word. I saw a little when...

At the top. Well, you would know anybody listening to this. If you listen to the early episode before this was ever I think, you'll hear a star how old is it when I hear... Oh, you say? So, you hear me say that I've been buying it from 10, 12, 14 cents, right? I was about 10 cents. And I opened my J-Trader and I see that $1.50.

You think I'm not saying that a little bit? I put in us on order when it was falling. I wasn't even out of my units. I bought a little... I'm too high, but then my average is so low that... Totally. Yeah. Get more shares, right? Well, somebody has been buying because over the last few days a few million has been spent on

the ship and I know I know depending on what you ask I should ask those guys who's buying they seem to know so for us that's how it's going to depend on who is asking or they're depending on who is telling it I either have a lot of money or no money. I don't have, I can't tell you, I don't have, but they can't decide, right? This guy's broke our rich.

Yeah, our rich, for some nefarious reason, like, like, prediction of stock prices, which is, The whole dear you. So we're all in the same game, what's whole dear you get to, right? Yeah, that's probably what people feel about Serena. Yeah, like, why would she be at the top? Or both must be on drugs because how else is he be?

Yeah, that's right. Yeah, that's a conversation. They are super conversations. We said they are both on drugs. Heavy, three thoughts already. About why both is on drugs. So some foreigners are excited. Okay.

Okay. And what?. Well, versus flu, you know, the whole conversation. All right. All right. Well, yeah. Big of you saying both the little legend. Big of you saying every time. Yeah. Well, yeah, fun enough. Simone has been rising again. I see no close today. At 91 cents. At 90 cents. And then the last one. Almost back at $1. Somebody's buying and somebody's in stupid, right? Actually, actually, no, that's a thing, everybody's stupid.

Because the people who spend on money. Nobody makes informed decisions on the markets. People who spend almost $ million dollars today are idiots. Ten millions over the last few days. But they're doing it because they're dumb. But you are smarter so you know that they don't know what they're doing. Yeah. The thing about markets as we always, everybody who finance, they're going to tell you about it.

Efficient markets and water water water. And this is, I think, a function of it. Market inefficiencies where you make money, because there is as much information. And that's not necessary that I buy things. So things, there can be bad things, and we legislate against those so you have the inside of information issues and the provider. I don't know what kind of inside information

you get on C-Boney because as I said, no. Well, the corporations. The company released. The company. Yes. The company released a statement saying they are the, going to get it right. We are not in position of any material information that would have contributed to the recent trading levels in the company shares and also not over for reverse takeover of the company. So the company is unaware of what they will. I am unaware of how Lisa's picture got in my phone and in the position of information I still hold Lisa in accounting or sending these pictures. And I am no clover. Oh my God. Oh my God.

Maybe I should take the guys on to their statements as a corporate disclosure of sorts because they seem to know so. Despite the company not knowing they know so. Here's what I know. Here's what I know. I know that the government has said over the last few years that they're trying to sell their stake. I've been in the city time this show, but I don't know for sure.

Oh, definitely. I've said that. At some point, the company, the majority shareholder has with all the e-motes in the paper to say, oh, well, then take this where we're selling this. Ads. And I've said openly that somebody must buy that at some point. And it's the best time to buy something. It's very early for that. It's not.

It's digging up. Going deep on the ground. You know, you share about the cash burn. No. So what's the best price you can get on a dead company? Skeleton. Also no assets left versus... We have a couple more...

A couple million assets on the go. We have some expenses to pay over the next three years. Versus what? Three years gone? No, I didn't know. No more money left. And the truth is, I have some assets left. But I remember we said that at the show. So much assets, yeah, show. Yeah, so much. So much. So much. So nice. Actually, there is.

Yeah. But everybody's I know the soul that I'm trying to say 2018 when they sold color and whoever it was about it. And I paid all that dividend, that large dividend, dividend was larger than the share price. Yeah, it was a nice time to own shares then to again the debt company but I don't know I don't know. People think what they want and I sign what they want

but like what I got I always said at the age gym what happened between willing sellers and buyers is as I once it doesn't break the law. It's cool, right? And obviously somebody knows something. Exactly. Yeah. And over full, the market is for all its efficiencies are inefficiencies. It is monitored. It is known. No, trust me. Yes. Yeah. If you want to do research, there are times I've been investigations on things and people. Oh, definitely. Yeah. Quite public. Quite public. Yeah, the law is clear. But like I think we think because they they don't want that. No, certainly. If there is one thing I know is the way quite like me.

It's curious. I first want to I also know. I'm probably not a better than me. What's weird to me is how I mean I've tweeted it I've said it before that so few people seem to actually know the thing that they talk about. Also we actually check. It's easy to talk because if I've asked an acronym

to do seed all the time, somebody speaks in a way that is, I present myself as an expert, I present myself as smarter than what they were. Nobody checks. If I saw that, if I said, what I can tell you know, I work in finance, I work as compliance or table or compliance and risk. I deal directly with FSC and the laws to protect the company from certain stock. If I tell you that and I go on to it and start quoting the security stuff, how do you think I check if the security stuff actually says that?

No, but then I know, Karra. Then I know. Then I said, no, run this thing. I know. I know. I know. I know. Randy said. Yeah.

You can throw accusations. They can say whatever about the topic, because people who supposedly know less than you are both. They will not challenge you on it. They'll take it as a, oh, him said that's the same thing. That's right. It's so smart. It's smart.

And it's so weird because I can see somebody flicking and saying, yeah, but does Randy do that? Does that not do that? And then I already always a check, right? so weird because I can see somebody freaking out saying, yeah, but it was around it. That, that, that, that. And then I already always check, right? Also for me because public Twitter, people have corrected us on the timeline. We just hope many time on the episodes. And you're, hey, this thing actually never goes so this thing is said, you know,

yeah, I think I listen from that yeah I think people decide on their own what what what they want here because there's no like feet yeah because I've said the theory yeah the the thing that makes us good I think at least I can speak clearly for myself is the hope of like getting things wrong it's just that I'm not talking about the holy for getting drunk because getting things wrong is my process for getting you right. Well, I try to try to get it wrong in my head. So that when the money is put out there, I don't get it wrong there, right? And of course, a good

plane falls knowing what's there and knowing what your contingencies are, knowingly insured. Like I've said, before I say it again, I don't lose money. But that means, you will mean that I'm never put money before I say it again, I don't lose money. But that means, they don't mean that they have put money in a stack and it never got on it. Or they don't go up in the table. It means I go in with my goal, I go in my time. And if I'm approaching it and I'm seeing,

I approach my milestones and not acting, how each of you should know. Everybody's in the money. The money I've made back, yeah. And what happens is that I don't have to get to my end date and don't have at least the money that I've started with. Yeah, it's not more. So sometimes I don't get what I want, end date and don't have at least the money that I started with. Yeah, it's not more. Sometimes I don't get what I want, but I certainly don't need this.

But that's us, which I realize, no, we have a strong understanding of what the reality of investing is versus the talk about investing, right? Which is, which those guys, the buffet guys, monga they have the same thing. Yeah. And like we always point out if anybody actually takes a sense to buffet monga, those guys aren't very well loved either. Trust me. I always find it funny because that's a part of my opinion also and them. I find it funny because that's a pride of FNP, you know, send them.

Hold it new with it. It's always funny because they say certain things and now it's poking fun at their naces. They're always, it looked like it would look like they're shopping. If both of you were on joke, he does it not differently. Like you can still ever ask every time. It's what I'm doing. It's what I'm doing. They're very, very... I think... Yes. Bill and airs, the more money you get, the more the petia you get.

Oh, yes. Oh, God. You guys should remember that. I will come up again. I will come up again. But it just shows that it's human beings, right? And that's part of what we do. We put it over there because it gets into the human beings. And I mean, I'll use the money I know and for now, I think anybody who's willing to do the research and have sense.

We'll see our eventually we see I had actually planned to see something after the AGM. But what I was hoping to, hey, that's a cage, yes, AGM, I got that, my garden. The things are said are so careful. Yet I think they're slips in what was said. Yes. Enough slip. And the answer didn't give a right answer, because you gave that answer. In the case, I'm not in the position.

I say, at least, it was a lesson in investing and understanding corporate structures because you're the separation of hey that's us we're the directors of the company the company we're not the company yes and we are not the setting we're not the the moderatio shareholder but you have to understand we have no you talking about those little things and I think some people, which is why what I expected to happen happen. Hostage in a couple of people realize, wait a minute, and they've started to run. I suspect, I don't know for sure. Like I say, I'm certainly not buying or't have enough. What to me? It's a thing there.

Time to value. You know, I call you how options and the closer you get to the date, the date of the option is the change in the value of the option based on what's going on and the date will reach. Good example is the date. Yeah. Yeah. Yeah.

Yeah. Yeah. Yeah. Yeah. Yeah. Yeah, yeah, yeah, so money if I wait Even though that's the right other company is going on is going though to me. I'll try the Say the ability of it is going because in my game people There is more level of I can see where more competition can come from to buy the company is Lastly is because of boy and getting a bit I can get a better deal line and because I'm not fighting for the better deals, then the price can go because if I really want this company, but I say boy, I can get it cheap cheap and it's next bread or coming in and say boy, I can get it cheap cheap too, you know, we get a fight on that. One of those days chosen, I'm like? What's the best means of the fight? Price.

That's the only means of the fight. Exactly. I can see where argument can be made for. And increasing. Think of it like Woodville. It's not always a recorded figure on the book that a company would say. Why read it?

This is what it's worth. But there's some sentiment out in the public about the company. That would be the product of the company to say why it really this is what it's worth but there's some sentiment out in the public about the company that would or the product or company that would make it worth it would make it more worth more that needs actually requires people who pay a higher price I will tell about for that so I think people it there might be a good amount of people on the market capitalizing on that same why maybe really maybe something really going on maybe so maybe or maybe as a company said, we're not sure if I'm going on. We never hear, we have no information on that.

But in a day, there might be interest later on, especially because you're coming to Hot Topic, no, somebody might see Dan's away at it. Yeah, that's not going on there. So, so, so, who would might come from back there? I definitely not aware of any reverse vehicle. No reverse vehicle, I't aware of any so. And then suddenly somebody might go with,

we could use our first deco. Well, maybe somebody has an idea already. Maybe it's out near. What I like is that the timeline that I picked, I mean, you'd have heard us and you, you don't know what I heard me talking in 2018 and talking about timing it via paying attention to the cash burn.

And I say, you know, we're looking at maybe, I think I had it for maybe mid or late 2021 in terms of burn out, right? But I don't know, or 2020, and then the color thing would have allowed them to move to more. That was thing there. So, Rumba, I remember you've usually spoke about it to me. I wear a group of people, or it's being able to, at the time they had the land.

Yeah, and he had mentioned something previously about... Okay, I need to see if you want. John Jackson is on his side. I was sitting there side about their approach. There's an approach to them by the company, by the approach to the company. And the directors are both the sale of the company. What because of the process, the process you have taken at the time

it would not have worked out because of a conflict. I get you, I get you, I get you. And that's why, because you said that to me, that's when I started paying attention to that. At the time, you had a land. And I really paid attention when they finally scored that and the big dividend, whatever we wanted, and as an issue moved on, I kept that issue moved on. When that happened, I think that's when I started the price tank.

I was like, really, really, really, really, really. So we can go on for easy And I think that's when I talked about Pigeon more than so And we had a conversation on the waterfall quite a lot because of that one thing Yeah I know we are years later and it turns out to But I mean it's such it's you are nature

You're pretty these things that you see that you can't even feel happy about it Here's you That's a funny thing. My name is Jokey's boy. You know, they're not saying what I need me to try to bring it very quickly. Oh, right.

Why wouldn't you know, at a lot of ratings, I don't know. That even I'm the one paying for. No, I do not know this. He knows I'm buying the right, I'm the one paying for it. No, I do not know it. It was a vital life, I'm a big speaker. Silly, but the market is beautiful, the customer is always shows who's right around it and

and all the listeners are earnings, he's would know, like if you pay attention, the stuff we spoke about, but then happening, no, yeah, like that's the the street prediction unless you thought that time machine street prediction like there's things still there that haven't happened yet and I think one of them is like my I forgot my new we're called episode I called it my new dark hearts and I don't think we'll publish the new dark hearts GK yeah GK GK. Boy. Mm. Yeah, GK. GK. That's a pretty industry company, Durandi.

You know, everybody, everybody industry that's that I apply here against those guys. What's happening? Right? No. So it turns out, no, I'm not. I've never been. I'm far my money.

So if I'm on these, I got fired. So GK has been boring for years. I know GK, the boring, for years company. It's doing what boring for years companies do when they're pressed to find growth, they find growth. But it's funny because what they're doing now has been very spoken by, they've been very public about what they want to do, where they want to go by whenever and what they're going to do to get there. And yeah, well, yeah, it's so funny.

Yeah, mergers and acquisitions are the way forward. We see a lot of growth. And we want to get a certain profit every time or even on the last certain time. Yeah, and external to Jamaica. And growth through the GK financial group, which everybody talks about like any of those three years ago, right? Yeah, so I want everybody, I'll really, really, really hope,

like if not, I hope they have a time machine. But if there are other long term people, I hope they got in at the 40s days when there was talking about this. I read honestly, like if you read you were a long term, then that was a time. Oh my God, long term. I'm sorry, but the thing about the market is,

you're often know it's always the best time. Unless you have a time. I miss, I miss far, then. But then. I can catch 86. Yeah. I want, I'll, because really, the next thing is, where do I see being?

It's not, well, you used everything there, you know. Because the NC views, there are exes. Where do I see being? It's not while he was sitting there, you know. Cause the NC views, these are the 200. Is that 100 or something to know? At the first time, it's like 140, 140, or it just is no. First I got there was a big deal, that was flying up on 70. Yeah. And you never remember, not from,

I don't think earnings is existed. They wouldn't have existed then, but not from, I don't think, Ernie C is an existing, they wouldn't have existed. But you don't remember, I was talking about it in that investment group from 70 and waiting, and waiting, and waiting, and waiting, and waiting. I was buying it up at 70. Yeah, I heard it by my NCB. It stagnated for a long time. Yeah, I know what.

Yeah, yeah, yeah, well, no, what no. When I started working, they had changed from NCB, to NCB FG. Ah, yeah, yeah, that, that, that, no, but when I started working, they had changed from NCB to ACB FG. Ah, yeah, yeah, that's it. I remember seeing documents and I was, and I was investing that time, but I was showing the JSC site. And I remember when NCBJ, NCBJ, NCBJ was on the site for a long time, for a good while after the, after the, the, the the arm, the RTO.

So you could still find in the drop-ball menu, you could still find NCBG and beside NCBHG, I was trying to use it because, well, I was coming out under that. I didn't know better than that. Who's in TV back then? That's like, what, 2016? The 2016, 2017. Yeah. 2016. Yeah, that's under signs, but they didn't know because I remember a lot of the talk about then was our own guardian because I think at the time that owned, I did it. 30 something. 30 something. Our 30 something like that.

But what did it, it was something I own whole enough on the restructuring because of whatever. I don't know if it's clear about 2015, 2016 would have been a great time. What was NCB share price by then? That will be interesting. Let's see. October 2016, the BIOJ gave them the restructuring green light, right? I'll try to remember the call it, there's a thing that you do in order to change, like from NCB, EJ, to NCBFG, they do a legal term in the name of it. Is this very much like the reverse day goal? It is very much like the reverse they go up. Well, sorry, but it's just like the create a new entity and then you swap shares. So if you didn't see the source shares, yeah, you'll be caught. I don't know that I swap.

Yeah, but you don't do anything. It's called a name of it. a court. Scheme of arrangement, that's what it is. A scheme of arrangement. Yeah. Let me see if I have that right. I have worked to go to no man. This is a reorganization of a company, a group structure. Yeah, and it's adapted to that. So, a scheme of arrangement that load NCV bank shareholders to become shareholders in NCV financial group, right? Financial group. Yeah, that's 27. But you're not overnight.

Overknife. You know only no wider group. Yeah. Even the older bank. Because really and truly built out of the bank right yeah, and As I have a story to be honest Yeah, if I have on can they have this in CBJA region out of us are region of the giant breda Fuck I was training for in August 2016 August for the back boy Boy, boy, boy. Yeah, people buy it from Daniel.

Wow. Of course, people buy NCB from $13.00. Somebody in grow, somebody in grow that, and I tell me that the boss is at $13.00, and I sold at $33.00. And then watch the fly from 33 all the way up big of them, but I did grow up so that they I hope learned a lot about about those sort of decisions. Not that it's about decision anything, but they're talking about. That was great.

Yeah, well, I think they're talking about it again, so about going on the one hand, they see 13 to 33 and they're you're both about the other hand. I mean, they didn't go back in, so the 633 to 143 and they haven't touched the back, right? The other beauty of the market, just like you say, the best time to buy is always no. Assuming that you're writing timelines, all right? Oh, yeah. Yeah, for the night night. Oh, has not hit by nine yet, right?

Has 18 months passed yet? Let's walk about that. Fontana is a, is a, is a. 41. I like, I like those all of the three, some four some. Every time we drop a little four is a nice, but I think they're grown enough. No, I think that they definitely were at 6.7, or anything, 6.7 maybe,

6, maybe 7, and they're doing strong results, no. They can push it to 8 to the one, is they build on grass there, but. Well, that happened. That's, yeah. So, I'm not that's a lot of the lone ending on things being nice. I mean, they could.

I think if the business justifies 78, then the code response will send it maybe out to 910, all right? And it's so funny. There was a lot of the, the, the, the, the, the, it would have appeared at a lot of people speaking about it the last time it went to 10 is what caused it to get there. I mean, I remember if you can imagine that. I remember that. I remember that was crazy to me.

Me saying guys maybe you don't want to talk about it like that because that's kind of close to the line. I run it looking at looking at it. It's funny because I remember where I did the thing on Tinder. People pre-owned. All Amazon's. Yeah. Yes. And we were always... They spoke about financials, I wonder if that's what I was seeing.

Because the talk from the journal this other day, he was saying that people on the financials are recommending. And I remember in office it was in office that people are asking me All right, they really recommend it. So someone the tweets are only and somebody said to me specifically asking a fountain I don't know if it was already the same time. Mm-hmm, but yeah So I wonder if that was what's trick like that Maybe but yeah, I feel I can tell I see no I feel justified in how I've always spoken right I've been said why you talk he said, well, he's in top 9 ever, big dream words.

No, I just, I just be careful. And I'm aware of a legal line that I don't cross with. That's what it's going to sound like. And also sometimes, we just don't want to tell people the picks, I know, I know a lot of. And then the joke is, I think everybody can understand that. But it don't want to understand when it comes to stopping those certain things. Because they believe what we say, so that's an issue.

You can frame what you understand, you'll say don't you, do the work, you buy them in the bin. They're not coming to advertise it. But somehow if you redo it then, we are not awesome. Yeah, I know. I'm really a character, I'm straight. Right. Yeah, I'm fighting now. I'm fighting, I'm going to fight. I think also, I've said, I think the space needs to develop an appreciation of that thing

as a skill. Yeah. The ability to accurately, not just predict our winning stock But accurately do it repeatedly do it And we deliberately repeatedly and in public Like yeah, because like It's been done so many times clearly openly that I mean here from Oh inside information, no, we don't know him The reason we're getting that from or inside information. No, we don't know him. I need to know.

The reason we're getting that from. We're we're we're getting that from. Like, who do you think I know? That was all these companies. I read. I find you for the rating. The other they want caught at the word me, me knowing being in high society, I believe, because I know everybody on the market. What you're reading, my new leg.

Well, I couldn't tell you. I couldn't tell you. But I know that for some people, it's everything. It's easy to find everything that excuse except, and maybe what I'm saying, makes sense. What maybe what I'm saying, doing is what I'm doing. You can't see it there. But it works time after time. And it's been working. And the first day, it don't work, but the first day, I stopped using it, right? The research works, respect the research.

It works. And making bets, putting actual skin in the game also works because suddenly it's not just what feels going on. It's not just what. It's not going on to watch. Yeah, it's not my money feels good. It's not just what is no longer one towards. Yeah, it's no my money. My money is there and what's going to happen. Exactly.

I need to make it work. I mean, don't work. I lose money and I have a fine so I'm going to have to be spouting. And that's the thing. I start talking to people who don't speak about it. Your first investment after about investment. And you could lose money on that thing. What, you think you're looking for the answer going to life?

In that next thing. And I think when people start to learn what actually investing looks like and see the reality of when the others are not saying things like, you don't 20% you think it's going to get back up? If the answer is no, then why are you still in it? And that is really true jump, I'm going something else to recover again.

That is not actually easy as a developed skill to go. To go, I'm not doing 25, it just means I know have 25 to make up on top of the profit that I intend. Can you, you exactly, why want to make 30% this year. We don't 25. You don't find out how much you need to make the reach that 30% You go in a bunch of engines. Exactly.

So you find yourself, it's no longer 25, by the way. You probably have a go back or so, 33% So I go back or 33%. No, I think you need 25. Oh, you can turn it off. OK, I get what I said. Yeah, to get the flat and then it's like the initial 30% like you plan to do yeah and and getting familiar with that and being

able to that in equity markets is a skill and it is a multi billion dollar skill and to give it out here in a podcast of free is crazy to give it out here on Twitter for free is crazy. To give it away on Twitter for free is crazy. Crazy. Yeah. Yeah. And opposed somebody doing that crazy thing is beyond crazy. The real thing for me is before it's a space because all space isn't at that place where you hear that you don't hear it. It's a space because all space isn't at that place where you hear that you don't hear it's not rewarding That's right. I know you can both that day I'm the about

Certain things that happen in other markets develop markets. Mm-hmm. We don't know happening here You don't you don't hear what this analyst says you don't hear that You hear shit boy. It's got this host of this. We don't know who are the holes. The hole is going to change and it's three times. I don't know because the hole said this thing. The hole said this. They said, boy, hold and recommend this last year. That's the next thing.

I recommend this. We are saying no this year. People see at this time, as if the stocks get changed. As if it got changed, your mindset is funny. As if it reached a point, nor is it, what at each pass where I want to depend. I find these guys investing at concrete market, the reality is that you have to be able

to, you must change your mind. Yeah, you must change. There comes a point, or is it? At what point? I said, I don't know what was he saying at it, but they were, they did say some like, um, if you can decide that you want a certain amount of my stock, or they will, then there must be a point where you say, I don't want it at that price. That there's going to be a two high price. If you're buying, I can target price then what's the point?

Again, it's all we approach investment decision. A lot of people don't see that way, right? Somebody told me once the difference between me and them is that I assign that time to my investments, all right? All right, invest with the expectation of profit. Yeah. Yeah, it's for me because what I think what investing is defined as doing it with profit in mind.

As people go grow here, miss out all the time. This is the end. It's enough value. The expectation I receive in greater value. If I can expect greater value, what am I doing? Where am I doing it? What is the point? If you're not in uterine by any stuff, you have no power in losing money.

Those are the things you're saying to me and that's just out to me. Yeah. And I get why I think the space does not appreciate it as a skill. It's because, and I'm guilty of it, giving it away for free. And we're not gonna value it if we get it for free. But I think that I was welcome back to where the people who get value from the space do it. You get me like,

if I work at the whole, so that I research on this for whatever. Very often my recommendations aren't necessarily for everybody and for the public mercy. That's true. Oftentimes there are for a specific investment. A certain time of investor, exactly. Or I've been assigned this for this reason. And so whatever this reason is, to hold everybody. Yeah, but

there's no different no nuance. I am investing for the phone. My mind says is with the pension phone in mind. So I need to know the difference. I need to know the transfer. I need to know the dividend discount. Mother says because it's fun. I'm buying for this conspixed years in the low night. So exactly. So what you says because it's fun. And for these conspixed theories, don't deny.

Exactly. So what you mean, you say you're on by a can next year, hold this. And now let's just say, right? And I don't complain about it anymore. And I see. So what is really the most it is? Yeah.

And again, big of stuff. The pengu for pointing it up. Who would have had any show? Big of big up Stephen. Um, oh, that space has been kind of still. Stephen, get ready to hear that you were told to say that. Oh, yeah, man. Yeah, get ready to hear that. Get a tool to say that, even though I know he wasn't. And I was actually very, I didn't like the last part, but the freezing. Oh, yeah. I didn't like the freezing. I mean, look, but we're sure you know what they're gonna say can I make it see that can they never tell you

that? we are within the we are inception this guy is so smart he does all the thing but he's also an idiot and he's also evil and you're gonna find out how evil is soon soon no it's not saying the people always say dumbass um my grandma and her friends and I'm sure not even is soon. Soon, no way. Is that saying, people always say, don't make guns. My grandma and her friends

and I'm sure everybody got my ass at least. Soon they walk home. That is true. Soon, always, that's soon. That is true. The truth is people show what they are and what they're doing every day.

Soon, my cousin, the magnified, every now and then, but soon, never comes. Anyway, bring it back to the matter. And I hope you guys are able to listen. I watch that you're watching us on YouTube.

So I'm gonna you, I will be able to deserve in between. Like we don't always call gems gems. But there's a lot of gems I like to think, you know what we're talking about. And bring it back again to the market. I know that we have. I think I put you on the point. You're talking about your new

direct cars. GK. GK who keeps buying up everything because it said years ago that they're planning to buy through M&M or just an acquisition. I would say that I'm doing that heavily. No, I see right no latest things that they're probably one of their subsidiaries, GK investments, a GK cap, is probably going to be the lead on Jonathan Fiberglass products, which looks like it might be an IPO, right? Yes. And that's just one of the many things they've done coming off at the high of the second leg of key insurance. Post, post right issue key insurance you remember when the last thing as crazy about was insurance

the last thing was crazy about which one you know with all you know that rhythm of key insurance crazy and it started out the same way you realize that every q1 the same thing happened this guy is crazy this stuck his How are people do this? Oh no, see there is a proof. It's not happening. Ha ha ha. Oh it looks like there's something there wait a minute. But it's really because and this is the share price just moving the way it moves. Meaning it goes up, it comes down and it goes right back up to where it should be. If you think about it,

look at the chart. I share this in a private group of it, then I if you look at the chart for Cibony it, look at the chart. I sure this is a private group probably, but then I look at the chart for Simone. I look at the chart for key insurance. They are very similar to us, and they both go off. They're both blamed for hype. They're both deep. And then they both quietly start to go up again

when wait a minute, it seems there's something there. Right? And then all I have to do is just wait. All I have to do is wait because they'll be obvious what is there and it is not thankfully, it is not a crime to be able to see things early. It is in every other market it is actually a blessing and it is considerable. And you think that's funny. Imagine, imagine, imagine, sure I think I'm going to jump in, you know, if you put went money because they would then, because the thing is, if it's a bad thing to see,

was going to go good. They most be very great. I think this is what's going to go bad. And if you shorting was in Germany, it's going to be a bad thing. And you're fighting shorting? Yeah. You should be going shorting here because if you're really bad,

be sure to do it. But they want you way more. They're going to get nothing foolish. I want to short this stuff. Can you imagine being in a shorting, say, want you way more. They're running out of food. I want the short. I can imagine being in short in Cibonia 250. Oh god, if I did that money. Oh. Yeah, that'd be beautiful.

And the JCS probably started a wilderness at the time, but bringing it back to Jiki. They just keep buying, right? They're buying on the food side. And I don't care much about the food side. I respect it. It's big. It's huge. I respect revenue and I respect what it can become. That finance side boy. Finance side is what it is.

The thing is, you look at the GK capital. It's see that almost a quiet as part of GK. It's a glue. It's like it's like the cement between the bricks. I never thought it looks like the bricks, but the cement is at home, it's a ghetto, brother. Then buy a new food, when are they supposed to be able to buy the other half of Catherine's Peak?

That's not ready? Or it's about time. They buy other half? They have a, I remember. They want eight, seven, six, three, seven. But they did buy, they did take a piece of thing. Of caffeine speaks sometime. I believe there is an agreement to allow

them to take another piece in a few years. I think that year could be this year, but I'm not sure. But in one fell suit, these guys, I'm pretty sure they're going to find some synergies between 8, 7, 6, water, caffeine speak, and all its soft brands. And I think they have a lot of waters out there. And that's just again on the food side. But I've been shown that the addition of the food and the growth of those companies also hits

that market, which is the finance side. Yeah, we could do an entire show just on GK. Oh my, look at that. But it's it's it's it's a it's my new dark horse. I don't know what that is. I mean, going into the details about these and the timings that I have around it. Yeah, it's great. In fact, yo, I think if you bought GK even early this year, you know, if you bought GK even early this year, I believe you're looking on some nice profit. Profit. Yeah, I have a GK buy from, on some nice profit. Profit? Yeah.

I have a GK buy from, what is this? When is this GK buy? I have a GK buy from Accidental GK buy to. Oh, and by free, we should, we need to start doing this claim on certain things too. Which is what? That's so unique, by the way. Well, we can't talk a bit more than one stuff stuff. Uh, but because you can only like one, there can only be one. Oops. I

yes. Yeah. I need also not a lot to change if you. Oh, you can't. If you expect to answer, you know, new resources says this. I know what I'm going to I'm interested in. Crazy. If you buy it, no, sorry for guys. Oh my god. And yeah, yeah, nothing should change. Nothing is not about making money. Yeah.

Double if you think. Yeah. Double your feelings. Yeah. We are DK Saturday at 60's on the other. Crazy. 60 something dollars. That's what I'm looking at here. I owe this by Zanzl from is in 2020. I think. Well, yeah. And you could have also got it at the I've this have 59 dollar by middle of last year, May 2020. Near the middle-large year, we have a pandemic. $59, yeah. And no.

I mean, it's still below $100, but I don't know how long that's going to stay below $100. Yeah, and you're bigger people like Smithy Raya. Okay. Smithy Raya, that if it's in Stocksplit, and say'm saying expected in GK to possibly do a stock split because they tend to do a stuff whenever they get close to around 2020. Hold on, hold on, how much time so it's so the tent.

So you've seen a fancy centred how much time is being on three? Um, I think I can think of two in recent memory. And to his, to his, I think of one of of two in recent memory. And to his, to his, to his I think of one of my memory memory. No, my memory, my big cup, my big cup was, I don't know, I don't know, I don't know. I mean, I'm so 2017 was my enjoy to the market. So yeah, there's some sort of,

if I don't look back for it, then I'll play seed. Yeah. He, I'm looking at the article from 2016 from the first split, where we're not the first split, sorry, I split in 2016. Which was a three for one and that was approved in July 2016. And at that time, my July 8th, my July 8th stock was at 119. And so that I've done a 321, right? I don't think it was the first one. So I'm not saying 20s, right?

I definitely not saying 50s, right? I'm not saying in right time, right? I don't know. I don't know. I was going to clarify, the three times, I don't know how to say three know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't know. I don't else. I've seen it somewhere. I mean, I've seen another one. I just remember when. Yeah.

I think what is this? I'm not sure. I'm not sure. What there's real money in JSC fixed in certain things. Like, if there's real money in JSC showing me the whole chart. Well, and I put all the on-get on JSC 2019. Imagine I could just sit up to chart from forever. Imagine, like, our new, say, segment just greener.

What's now? I can't really have a check. News for this one company all the way back. Well, check my money. It's not going to be so. I'd say I'd say that this episode is brought to you by that. But, um, It's absolutely actually brought to you by the dog in Canada. Has everybody. It's by the dog in Canada.

Has everybody? He's the first in the station. Everybody, everybody's in the station. Oh, we're marketing this one right here. We'll put the, we'll call for the mention of that. Oh my God, the split dog. Oh boy. But yeah, the majors are raising. GK NCB has been moving nicely in terms

of what the company does, right? Oh yes it's been it's been it's been it's been to me showing so many signs I can't think of any lower signs as to what's the comm than the stuff NCB which including the usual the directors are connected. NCB third note a lot after this more and more and more. I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is...

I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is...

I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is...

I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... I think the most obvious one is... Well, Guardian, from all our own, from all our own perspective, it also never left. NCB on 30 something percent. Before they did, remember that when when GHL was, was, um, GHL was NCB, the latest GHL movement was NCB moving from 30 something to 60 something. Yeah, so before that, but when do they actually take up GHL? before that. When did they actually take up J.J.? That's a nice story, but it's before, when did we say? I hear it, the tree needs to get from most. So I hear it. There's a holy, yeah, there's a holy part out, but then what happened is that with a lockjack, and with lockjack, NCB took us to take in J.J.L. thereL there would option to buy more in the future like.

That was when I would say NCB took it back. That's when I say it came back to Jamaica. I say it's been here a long, it's been Jamaica longer than it seems. No NCB own 60R down whatever whatever it seems like why it's finally American again what's been Jamaican because NCB was a say for quite a while before that. Yeah I remember them saying something when I remember some of success limited which those you can do research can go on that top but um them saying that you know that that that's a great example of a board of a company being able to be controlled without ownership being the reason right because I spoke to I think being able to be controlled without ownership being the reason, right? Because I spoke to I think being able to have board control, they have board control in essence. So I don't know if they were trying to include it or nothing, but I think they were trying to

not include, we were trying to include it and that was the reason that even though they don't own the shares, they have controls, they think the board, you guys know the research can look at up. But yeah, we can say it's solidly back, you guys know the research can look at it up. But yeah, we can say it's solidly back, no, and it was. Definitely solidly when it comes here, right? Here's a funny thing, if you care about excitement, if you're excited about GK listing, just make a fiberglass,

then you should be really excited about NCB cap market listing GHL because as I direct sell that's like that's probably been given as I can offer to sell in the same way whole proven puttotan offer to sell access when they did right you really want to sell that trade it's just we have a lot of shares and we're gonna trade it so so I like the term you know there is an article I won't promise putting I like the term, there is an article, I won't promise putting the show notes, but maybe there's an article where they spoke to

being the NCB Camp Market being an integral part of the plans going forward. And they said that they plan to make a market for it after it's listed. That's a delight. Exactly. It's a delight. Yes. Say, I anybody you think about that gonggool that a market maker is.

Not to say that that's what they're gonna do. Making up the act of making a market. And I hope that we're getting towards a point because that also speaks to a modernizing of the industry. Industry. Yeah, yeah. Modernizing of the space. I think there's more, I think more is going to come before actually get to certain depths in our market that way.

How market makers. I still hear you. Oh, yeah. We have market makers. People actually sitting are the the windows that possible. And I think there's we see something we happen to know. But I think there is some more going to them because that's going to take some FSC and JC talking. Ah yeah but I'm sure I when the giant moves, you know that it's moving at the right time. Oh, definitely. Yeah, yeah, yeah, yeah.

I mean, NCB. I'm actually, I have to see from that side before I see, and I'll give you a new company, come on, we're a great through market making, not. Oh my God, yeah, yeah, yeah, yeah, yeah. I expect it to be one of the kind. I think we're not. So why not reuse, I think there's a satisfaction

on the depth of our market in terms of how much companies options there for people to actually put money to. That is satisfaction. It's more than a total for a reason. I think you're at this satisfaction from my index point of view. With the whole much companies are actually on the market. I think there was some recently, somebody was speaking of the JC conference. I think they won with Mike Lee Jin and Mary and Street Forest.

I think you're the next speaker I can't believe they might. Sorry, sir. There was some start about how much of our companies are actually listed. Oh, in terms of what? All of Jamaica. In Jamaica, in Jamaica, yeah. And the least inculgent we have, there's so much I can't go on a market. The Duna market has been here for a whole lot

and still so small despite the access being here for so much. Because I bury a very alone put in the work. Oh, it may be careful. Because people with X, I say, Oh, yeah, well, not very alone put in the work, but I mean, He worked with

his influence on the the junior market. If I say anything, then I always say, if I say, all these are the five of the jun , of the stock market, the neighborhood is a model. Ah, yeah. Because they brought so much, there was a time, I don't think I was in the market at that time. But people, I always hear it, there was a time when

it was just neighborhood with the junior market work. Well, people are always here at that time when it was just maybe it was a geno blue-n-marque work. Yep, yep, the list of them. At least, at least things of other doon market. It was always a maybe for a part for a time. And as always, these things, somebody said, wait there, something good there, no problem. So let's go with it. Mm-hmm. And then you add up people to the valley. So you find that certain people, when they start to, so it goes, it's always good. There's always some people can sit the valley at a time and you have to just lock your ears through it and move.

Move. Imagine the flat he was, they were getting. Yeah. Yeah, well, I mean, we know the flat. I still know people. Oh, yes. They're do by Junem know the flat. I still know people. Oh, yes, you do. They're doing market companies. Yeah.

And I've heard it's from industry thing that I hear. In those you see now, see now people in I debate all the one on the first job. I was in a debate of it. I was in there. What am I talking? I was like, June a month. You know, by Junama's company.

And his reasons was never makes sense to me. Yeah. Because it never out of the real life, because where he was, and things he was saying about it, it was never really much of. It's, you find, yeah. So, so, you know, usual attempt at condescension you know I big week quote unquote we're not really wait you need to be seen as they were said Jamaica in America or industry have all the pump on all

the hype but not the money and that's funny well you know because the industry that has been built up on on those things that you say and it's like it's work know because the industry that has been built up on those things that you say and it's like it's work, it's work for a lot of people. So everybody equities in terms of local finance, equity market is just one part of a big up high. Yeah and so a lot of people don't understand that part of the pie and they bring the other things are used to that part of the pie and And the way I've speaking and the pump whatever. And then you have like the young people like us who's not, I would don't respect that stuff.

It's just profit. The bottom line. Where the body of what? What do I get from that? I don't, I don't care about the names. I don't care what it's like. Because I care about the output.

I am interested every time I see somebody do good work or bring out sense of the points or raise the bar of what they're putting out there I told to me don't mean nothing, but I've been out of carpets alone that's second nature to me. Yeah, well, I mean it and What do I really look at and say why if I have to say it's what thing? Yeah, speaking about other giants manufacturing with the caribs in mint. Oh yes. Reorganized. More and more and more.

I didn't even have one. You want to talk about caribs in mint? Slim caribs in mint point. I say a friend of mine, he was tweeting against, he's against the thing they're building. The new government. the new parliament building. Of your first question, it would be, I didn't know, it's Twitter, I didn't know that one. I don't know, I'm going to go talk and everybody figure that demos know attacking or arguing with me, so I was a taboo. we must not attack him or argue with me. So I was about to put it.

So yeah, and I thought, you know, you don't think it's somebody who would have different points of view but more versed in finance, great, preached to him, no, that this slide is wrong. And I'm not a point. Yeah.

Well, yeah, the first point is, how much money you've waited to go away, you can do it. And the issue is the outline in that should, just should get the money for us is that thing. You can put it on something else. To me there's not a big rush on pushing it back. So it's going to be done.

I think it came out that it's going to be done in the next financial year. So 2022-2023. Yeah. But that's an excursion point. That's a whole construction industry point and you have an against your right. No, the construction industry can't open. We keep hearing construction numbers. We're not high. Yo, I mean, the biggest one, middle of Corona, the government pulled back their constructions when they're capex, Dr. Nigel, the last one to do it.

And construction still rolls, that's the biggest thing in the country. And construction still rolls by 7%. No one can come back and actually rebuild and they do that back, undoing capex, budget read under programs in there that involved stuff being done. Hi, we, what does that mean? Hi, we need to go and spend money. Yeah, where do we get cement from? You can use cement burning. We put the powder on it to put each other.

Right. More over. More over. It looked like, I mean, the owner, Symex, seems to be doing the own reorganization in terms of how they handle a group and it would seem like, no, Trinidad is about to start getting imports of a lot of Jamaican needs.

Thank you. What's beautiful is that it would seem also that I carry a man for the first time in over a decade. Might actually pay a dividend. Oh yes, I thought cause it's funny. The balance sheet looks like it can manage it, you know. And it's been made to look like a little bit. The pay note added it. Yeah.

Kion 5, Kion 5 is being managed properly. That Kion 5 agreement. It's fully owned by the, it's fully owned now. And the payments for it are The loan payments, the loan payments that I have on the thing they're the perfect shares they meet paydome Sorry, they look in better ambit as well. Yes, all right. They bought back the preference shares the bought by the kiln five years No, yeah, not fully I mean, I'll try to check But if more and more agents where are the pay-in though.

Yeah, and there seem to be ramping up operations. Yeah. You see record production now, sir. Yeah, well, I think is that a hot take? A hot take to say that production at Trinidad might feel I don't turn while production in Jamaica might step up. And there might be more money hitting caribbean because they might not be exporting to Trinidad

versus the vice versa. I don't know, I wouldn't call it that. It's something. So in a sense, it could be a heart, it could be a heart tick. You know what's a real heart tick. Let's jot that one. Jamaica Breilers. Jamaica Breilers moving operations to the US.

To the US vertical. Oh, yeah, they're really happy. They haven't we said any of that. We haven't spoken about this publicly. No, we haven't. That's happening by the way. So before everybody gets a one set up. Oh, yeah.

It was based on. Some dots just connecting some dots. The fact that they have the, yo, it was based on big off. It based on the number of parts. I was fine. big off, based on member part. I was fine, I waited not to say that. My long time crush. The empty for Cessah, Lisa Hannah, the right honor, is right, or Lisa Hannah, she had made some comments, I owned maybe, I own the chicken and the reduction in import. Reduction in import into for chicken.

And then who I look at the far more far more but my or real point was reduction in import into the chicken. The moment the thing I know is. Chicken local jam make's local production, our own car production is firemenious, but local production chicken in Jamaica is competitive because of that, it's competitive with imports because of the newty. So the moment that the newty drops our goals away,

then why do the protection become way less economic out of actually, so the chicken of protection. Then why? Because the protection, because the way the economy got to actually sell the chicken produced here. And the local market was this. Code, code, face a heavy flooding. Mm-hmm. Well, I already see where the chicken farmers in America, they're very much set up. So the chicken out there, heavily.

There was a whole campaign about the noble D.M.I. Well, by more American chicken. Yep, yep, yep, yep. And America brothers have positioned themselves in America. But that's what I'm saying. So they can eat. They're already poised. If that becomes any major majority, then while the

local production is price goes upon the margin becomes slim, then the margins are much better for foreign production and it can easily go the same, same into our market. And then the question becomes, would that be better than local production? But what you need to look at is at is the tariff on local imports greater than the expense line for all of JBG production, including the fact that you can benefit from economies of scale in America. And then Gemini becomes a fraction of that. The chicken thing there, the YouTube, what takes like 50%? I don't remember, it's something heavy.

And I said, we know. It's heavy, yeah, I think it was 15. It was a big number. Because you have to have an import due to that heavy, because of how cheaply chicken can be. Exactly, exactly. You have to be truly not worth your while, but if somebody were to know that that might fall in the next few years, I would think that some local stakeholders

would probably be first in line with understanding and the ways of the government blah blah blah. So it's a while take because it is literally me saying, you're looking at these, but I could see I see you going, hey, can't see where the province. Yeah, let's not that we're moving from Jamaica, but let's handle more production in America. Let's kind of scale on production in Jamaica and let's remove the heavy protections. Let's reduce those import uses which a lot of those I'm not sure I'm not a lawyer, definitely not an international lawyer, law lawyer, but it could be I wouldn't be surprised if there are a lot of agreements in place to see certain protectionist things that you have have to

be removed. Yeah, yeah, already know what the international markets were. That nobody in the international market for trade likes protection in school industries. They just don't like it. Remember, who do you think America? In 2019, America versus China and trade war. That's the type of thing that you're trying to do. Across the board, for real trade, try to fight that thought. And when you remove things hinge on that?

Yeah, and when you remove protections, what you then have is, you remove protections, what you then have are, whoever can scale up and afford to import heavily, Beats out the local producer. If I'm a local producer, and I can spot that five years on the line, 10 years on the line, I might start to build up myself over there so that I can exist and exist another form. Free Gita. Yeah.

Yeah. Yeah. The beta-professor, that is the sweet part because that would be a Jamaican company. Just like how Jamaican producers has the biggest, the most popular, the biggest juice company I think, the juice brand in Europe, the Google startup.

Google startup. Yeah, I'm pretty sure I said that wrong. Yeah, I need better more public and their segment. Yeah, and that's a Jamaican company, can buy shares, right? So I wouldn't be, I would not be against Jamaica, Brawala's doing that, but it's so funny. That's one of those points where understanding the business

of that and the long-term inevitability of it. So, them actually doing this ahead of time. I, I, I, I, I, be player, we are speculating. There is a chance. We're not saying it's happening. It's just, yeah, it's just, it's a heart-tick. Wait, it's funny because after these just it's a hot take. Wait for me because all of these conversations, they leave your profit because if you have the conversation way before,

then you're looking for a thing that would say it's actually happening. And then all we have to do is just work exactly work against confirmation bias. That's all. Yeah, exactly that. It's not why it is going to make sense. And sometimes very often it's a boy, and he's back to my say. Yeah. Yeah. And then all of a sudden, you're buying Kia $2. And you're going to get paid. It's just how you see it.

So I would be surprised if I imagine if Jamaica boilers were able to do that, cut its cost down. And certainly the Haitian operations aren't as big a burden. And they own it in such a way that maybe the local the local armors becomes more distribution marketing. Yeah. And the brand in the US, the JBG, in the US, no Jamaican is going to buy that by ties over that. Right. And the joke is, I think of Gaby G's distribution

will bring in Jamaica. It quite, which is actually big, you know, actually, they're on the absolute point. Yeah. So this should be shut down how Gaby G and the front. And so, so then the question, if you look at it from the business perspective, which is what we do, so you should, is.

If my cost in this business is manufactured, manufactured of the product in this case chicken and distribution of the market of it. If I import I'm going to keep this anyway but I can manage my money. I mean, it makes sense. This exists anyway, but I get to pull all of this side out. Right. I get to get rid of this side of things because that's a business cost. I'd no longer have to pick up.

Including electricity. We already know how it is just because in Jamaica, local money factory. And these guys have done a lot of alternative energies but still not be it's not having to use the light. The best light bill is zero. So if I don't have to wear about overheads, the cost, the cost, the security, the cost of the ways, the cost of the and tariffs that we are going to drop anyway. If you know the type going to drop anyway, do I sit around and wait for it to drop or do I act ahead of that? And then the investor or the other decision becomes, am I breathing off? To do the research first of all solidified is If it's real and I'm I believe enough to sit in it no I

head at time All right, and how are they going to do it? And what I'm going to do then going like maybe do a right to show our APO to pay for the US bio-table or color or whatever I don't know I'm done that side of it yet I wouldn't say publicly I haven't done that side a bit yet. And if I did that, I wouldn't say publicly anyway. The hard and numbers, but yeah, that's what it becomes. That's what it looks like. So JBG is an ad-jent that could surprise.

Who'd surprise is it? GK, surprise and Ikelen, CBR, and MacArthur surprise. I mean, it's a regional financial ad-jent. And there's just more growth to come. Michael really knows this stuff. He's an ad-jent, I stuff. He's a hunter. And Patrick Hilton, who doesn't get enough praise. He's not. He's not get enough praise. And of course, there's other stuff like the blades. There's a lot of stuff like the Seprad. The most

in companies have been moving, but the thing is is there's so much of the group is private. Yes, and so many little people. How do you look at us or anything? Yeah, so many little things. Very often we get some niceness from their side. Yeah, and over and over again. Well, Epley is a beast in a better, I don't think I live a cellar. I remember that too, I bought some shares long ago.

When they're expensive, they're not mentally expensive. Just to say, listen, this is a group that you want to be. This is back when I think Capit got to work there maybe. And I'm headed it. And it's an amount of shares that I've not known. It's always been to pay attention to them. Oh, yeah. 400 shares.

Yeah. And they also say new things. Yeah. Oh yeah, I put 100 shares. Yeah, what the else, they also send you the things. Yeah, but the, the, the, when you look at what a company does, like if you pay attention to those link, maybe linked by ownership companies at column, you're impressed, at example, impressed, but also you see something that aren't surprised like separate paid, I've given it in CPFV shares. CPFV shares.

I heard everybody asking why. I was explaining why, right? That was separate CPFV. And of course CPFV is managed by EPLAY in the middle. It's a beautiful thing. That's more than that's flowing nicely. I read that as much as the Vanguard that I think that Cerberia is putting together with his old.

Oh yes. Yes, the L boy. It's funny. He said it's a meridian. Why people I think we're looking at the wrong place. We're looking at a vehicle and not the man driving. Yeah you can't be as interesting to that. Yeah you have to be efficient to the person driving. That's why I talk more in each and those guys so much. As well as so as well as doing so much it's very so much. S.V.L. is doing so much, is growing so much. But it's probably that the Mabur team is driving it so much. The chairman is the CEO of Mabur.

The chairman of Mabur is also on the board. They've put the money to company. And you can see the moves over and over again. S.V.L. branching out into more than just gambling. Yeah, I see S.V.L. as infrastructure. Oh, God, he's saying it's an infrastructure investment. I tell you this guy's crazy. In this new digital age, infrastructure is what it is. And S.V.L. which is funny,

it should mention digital because they have a whole company speaking of fintech. And who are SL's customers? Cash what is the most popular local game? People spend it spending the time looking at easy, easy. Which is nice. Easy, easy. I'm not sure.

I'm not sure. That's great. But not realizing that it's in SVL as shifted the game long ago. You're still playing lottery? No, we did that too. We did that too. We did that too. Well

lottery is the plough of finance between betters and the house. It's hard that. It's not so much. It's thing though, ain't it? It's a cash rich business. It's thing there. It's both insurance business. If you can ask that, if you can ask that, you get low enough. Yeah. Yeah. That's really, if you just low enough. Insurance is the new banking. All the banking benefits from somebody who is paying for the risk. Yeah.

Just make sense. Yep. You know, the house it means so much time. Yes. Those are all ideas of float. This is why entire industries live within that. Yeah, that's what I say, as well as a cash rich company that makes daily cash. And they touch the core of the paint. Who I never thought, how did you think that?

I did image on a lot of podcasts, I'm before. And something I have found out afterwards, I mean, maybe the do not know. The revenue for Ezville, hold the record and I'll revenue. Post, from it. Post. Post, cause. The boss car. You're definitely the one who's going to be the bigger.

And that's the cash figure. Yes, the cash figure. There's a whole. And I have an financial company contract. I respect so much. Where did I see this? Oh, a severe handles their cash. The last three.

Where the money goes. Oh, you mean like, oh, well, a good section, it has to be handed by charity. Legally, I think, as good section has to be go to charitable causes and I think a good pass. No, not even that. That's the cash. When I make a bet, who handles that money? Ah, you mean the network? Where the money stay? Where what was the money do in the meanwhile? You mentioned it you don't

sell it. We are all bad financial company. I think it was it was out there somewhere it was a sea-tunting site not articles are already financials. I can't believe exactly. But it's there. And it is public. That team is doing work. That is public. Yeah, yeah. It's like, it's a real, it's another bar cards, maybe.

Two or three races don't. The Quinella. Swannigui. Hold on, you've been saying this now. Yeah, right. It's the earth. Remember, we had a conversation with our friend. Some way back.

About it's the earth. It's the earth. Yeah, my ear. I remember we had a conversation with a friend. Some way back. About SVL? SVL, yeah man, around Bob. If OG is not that with. If they're hearing this then, big up with. Big up with. I'm here for me now. 2021, yeah, big up, big up. They are the market quote.

Let me go to SVL for a thing there. In 2016, all the price of that company. SVL? Mm-hmm. The $9 or $17 or something like that. I don't know why it's not $17 range. In thing there? In 2016? I don't remember. I don't remember.

In 2016, $9 maybe? Uh-uh. SVL was $4.80. I remember we'll pick that one pick Xrio and in 2017 he had a smart run up and he sold right before the big deal game. That is true that is true that is true that is true. Oh he got the benefit. Well he left before. He was complaining and saying why it now and then the whole memory came over the thing there and the memory was shares and then look a

biolic. Oh, oh, since. Yeah, this is a biolittle. And there's a lot. So there's a lot of threads between that and I mean some ways NCB and GHD and the backend and carpsiment and a lot of things. This is a hell of a market boy. Trust me, I love to do the kind of show I love to do what even this show is nice to do. We touch on the space, we touch on other things.

So if you bought a budget, you pay attention to the budget. I actually have a cam, say I've been looking at the property I haven't been in a property space. Yeah, I'm a self-to-missive myself to myself to myself. I've got someone Yeah, I'm going to look at it, but in detail, but I think what I've been paying more attention to is things like vaccine rollouts I just and the vaccine rollouts. I'm not even jamming. What about the vaccine rollouts? And the funding for it, and the revised, actually, the revised approach towards the vaccine vaccination. Because initially we're here in a 16%, and now it's 16% by way, by the end of this month.

And then we're going for a 58% at the end of this year. Yeah, and I think they're getting help. 60% of the population, yes, proud of that region. I saw Chris Barry was treated no both. That he was saying that we should move anything in private sector to actually think that and they have since spoken about it about it. So they haven't spoken about vaccination centers from private sector on the radio yet. But I think the budget be directly somewhat. It's been about testing.

And there also is a section of the vaccines being allocated for private sector and in that there goes a different sort of private sector work as banking on this part of it. Yeah. Yeah. So it's there's there's I mean this is a win. This is what it looks like. Yeah and it should be. I think a lot of times people don't know that a lot of the things that we want to see in Jamaica that we we see in America, we see in England, blah, blah, blah. A lot of them are public private partnerships, but the other government announces something. But you think about the thing there,

how the funding for the, funding for a quicker vaccination happened for Corona. Yeah, it was, so the fastest, until the fastest in the vaccination vaccine road. In Israel. And it could happen because of government say here, we're going to give you money and you're going to get a vaccine and you're going to get vaccine that soon as possible. Because and the biggest one of the biggest issues with vaccination before was we're funding, we're funded

enough or testing was for because I think I'm not here. Probably can't spend all money and hope that that's a distinct work. No, I mean, say, oh, companies are so good. That's why. Yeah, you got it all. It's a company like that.

You say, you know, drugs people, people look at, I think people don't understand that. Whole drugs actually, you know, it's not a magic solution. You know, you come out of the thing here, we have money on this, and not a pay-view every day of a vitamin, to you guys. I might not work. I think government ether is under the vaccine came before actually hasn't that, actually, or some people. I remember that a good section of that is also the government, the US government, and many other governments did it, but the US government doing that program where they injected cash into those research programs.

And if you take the cash, then there is a requirement for whole you can roll it out. And that's how some companies could be around. I think AstraZeneca is one. Didn't take the money. Yeah, I think they did take the money because they were on trolls. I think first thought is Pfizer, but I need to go shit. First thought is Faisal, that's probably quite the difference. I believe I remember reading, I think it's Faisal, not AstraZeneca. That Faisal did not, that chose not to take the money in order to be able to sell it. Yeah, I was just kidding.

Because the others on life from Pfizer, interiors of whole social status, they have been with drugs in past. They already have a strong program. So probably easier for them to not get the money in. I know what there's an article. I see if I can find it because they spoke to it as,

I think there's a Washington Post article. They spoke to it as, I think there's a Washington Post at the point. They spoke to it as a bit, and I see it as a bit for the CEO. I'm going to bet that if I get that money, I can fund these programs that we can get it and we can be part of this program of, that's given all this money, right? That's doing it and it's revenue coming in and there's some bait in profit I you know is government so guaranteed some good money Maybe not as much but guaranteed money Highs a make the better listen. We're gonna try and develop the vaccine auto pocket We're not going to go in money because it comes with strings

But if we get it out there Then the going has to bite from us and other go get after buy from us and we don't have those strings We are not the ones doing strings Right and it took that bit. It took that risk and it worked out. It says a $2 billion bit and it worked out. And I mean, yeah, yeah, so I press it to that, and I'll pay attention to the role of an American. President Heisting has said that they're expecting that by me, they should be able to have the every US person should be eligible to take the vaccine by May 1st. first. Come on, no, not connection. What percentage of Jamaican tourist base comes from your world travel? What percentage of that happens with it? I see

the articles about airlines calling back workers, not because they've increased flights, they need more workers. They're restarting, we can't stay. And the moment and even all of the vaccination plays a part of it. Yes, because the thought of safety and vaccinated, but what I mean, I got this, I've brought around a run around by the others. Exactly. Yeah. And so that's why you have certain work as don't who become more eligible fight and more and more integral in getting it. And one same get it in a're free of it. So, yeah, of course, you still do whatever COVID safety measures are needed,

but free of it, I'm going to go outside again. Outside. I was having my head about immunization card. I think I would've thought that your immunization card has to have certain, for you to travel certain countries, you actually need to have a vaccinated and in certain, in my area. Yeah, yeah, yeah.

The country has now waited here. Yep, if you do have Yeah, yeah, yeah. The country has now waited here. Yep, if you do have it, yeah, yeah. Imagine, imagine showing up to a recreation activity in Jamaica and then say, wait, yeah, wait. That's good. That's the way I'm talking about the neighborhood of vaccinated. I know what I'm saying. And I'm just funny to it.

That's hilarious to me. Yeah, it's going to happen. It's going to be parties that is vaccine to get in, yeah? Just funny, because the new normal, like, certain things, we're going to keep certain things. Yeah, masks will always be here because it's a product line. Oh, yeah. Vaccines will always be here is a product line.

I forget used to having masks and those stuff. I hope that we go back completely to no mask, but I think realistically, then this is done. Just normal. And you can tell already because China, in China, in certain parts of Asia, it's just normal. They're past, yes, yes. And before Corona, I was going to interview and celebrities.

They're saying that they're always their masks. The Chinese and the Asian countries that are mass-separated, they're saying that we're celebrities only. And we thank God that masks are part of our society because no one can wear masks, nobody knows where. I think about the safety, the safety of folks are probably because in this era, the safety of far certain polyphagos in this world, no, because they can't think that boy, Mars, Mars, or so. Yep, yep. As long as I hear you're in a book about you will get this, you will fully get this. Sorry, it's not if I lost you on this one, but this fiction, you hear certain customs of that world or what the society in this fictional book and the hinge down something in

the past on why this is no one thing. And we think about it, we look at it, no, and we're fully looking at something that might become a new custom in our normal world. No, it can tie it to something that's happening or the last time. Yup, yup, yup. And that's all that's all it works. That's that's why people are the thing that are the most important part in this The pay attention to prediction. Yeah, you have to be a certain people Yeah, and that's why we're paying attention to the person driving the vehicle not just the vehicle

Yeah, it's funny because that's where you get stuff like Look at the macro because if you break down macro truly It's behaviors of a certain group because if you break down macro truly, it's behaviors of a certain group. I'm just constantly happy now. So you got certain type of thing. It's really people. You got certain populations that's on inflation.

And at a day, it's people. What the people are doing. Yeah, literally. I think my network, my network, I think that's the, or the stuff of King, the economy is people. It is lives. Yeah.

When people say, oh, you can't wear body economy after do this. No, you can't wear body. That's like wearing a body. That's like investing versus saving. It's just investing. It's just another form of investing. With a law return, again, the law return. It's a different sort of thinking once you get into business and

get into investment like this and look at this stuff. So yeah, I think I think looking at the vaccine and rollout allows you to see so much more. And then there's also different things. The more Americans I get vaccinated, the more they'll travel. ECLs in commissing direct. ECLs, exactly. So from how more people in hotels then more distribution towards that side. CPJ, what's the CPJ? What's been up for them? We can wrap on that one.

Also with CPJ. Because they've been going through it. Well, for one day going through it. I remember for one, they're going through it. I remember, I went to hotel recently. Not recently, so sometimes when the news were nice, I'm not sure I didn't write. I know, but sometimes last year, the news were great. And I went to a hotel.

And it could just sit in the machine, the CVJ machine, I was a martinist. So this, the ice maker, I thought it was martyne. And no, we can see on the books that, what are they taking, I have a hit from it. And he already, you see that one day

they have the issues they have going on and they need to maintain a certain image that I want to have. The covenants have been broken. Covenants, they out an extension and something extension yeah so TPA going through it wherever you don't I mean somebody mentioned on Twitter recently that I know don't go in the box jeans

Oh well I mean I don't always say that that could not last Yeah it wasn't going to last I imagine the margins and those were in so great but it was just we have payable stock on interior. I would say that it's new. You know, you know, it sells, all right, it's what. Imagine you're looking at that adventure, right? They can't see right off. Why? They're not right off. They've had it. So it's good. Imagine what I was going to do. Imagine what?

Imagine what that would look on the deck covenants. Without a windows, I think that. And then here I said, boy, the profits will be covered. But this heavy line of inventory going, but. Imagine wearing a boat. Imagine the man in the finance are wearing a boat. That you have to have this battery because you don't get it.

We're trying to have a better bad day. We have. So that kind of informed of what the business, but yeah, you think about almost after the boxings, we're going to stop much less, because we're selling much less. Yeah. But we have an entire financial machine built, including that our own on making much, much more than we do. Exactly. Yeah. 70% of the fixed costs. Yeah. 70% dropout.

Yeah. Why? Yeah. They're going to do it. But with every crisis, there's an awful thing. Somebody, somebody, somebody is a definitely. Somebody said me, something recent, after a nutmeg. He said there was acting there. He remembered he got something recently because he was asking

somebody after a question about racing equity. We are considering this option. As you can see from our MD, whereby no means any great need of capital to restart or full service in the hospitality industry. We have used COVID-19 to maximize our infrastructure levels, we should be in good shape. And this was a question, but David Rose asked CPJ about raising equity, asked in July. And that was a challenge. So six months ago, or there were about what six months half a pandemic also What's the shape no I would erase an empty to do exactly

Yo, I mean, I think that means I'm going to sink our swimming on Or somebody somebody I said you swim So yeah, yeah, if somebody I mean you know it go if you if your body is just like you said at the start We come full circle. Yeah, but you know Somebody has my look on your like you said at the start, you're going full circle, you're being body, you know, somebody has my look on it and you become attractive because somebody might own the body. Yeah. Yeah. And they have, you know, they're wearing this own part as you've been in the worsen. Yeah. Something there. And other day, as I said, it's hard to kill a listing company. They have, they have the option to raise money and

they are the least it so yeah this is coming easier that's true that's true I mean in fact you know we see Guardian is heavy on the thing this side on the hotel side so maybe there's a partnership there yeah we see what we can go yeah that's true or somebody who maybe don't have as heavier a footprint in the in the towards that that that that that that that's attractive because no if I can buy a post that looking good again I can exactly I can push that side so You're right. Yeah, but opportunity speculation as you say early that model point of point of

speciality because they can look at it and say boy maybe you can identify Openity before it happens or just the possibility of it. It's not the opportunity to use it there. So, you can just jump on that same time. Exactly. And then it becomes a matter of you just getting your timings right. If you're good enough, you can get your timings right. And if you're good enough, you see the signposts and I, and I did make a bet.

I never had an answer bet. You, you, you, you, it's fun. It is fun, right? Because I, and I did eat this a bit. Yeah, but you know what happens when we say that we call it a negative connotation. Just like a situation has a negative connotation. It is a crazy thing to me.

Crazy thing. We give words more than just actual meaning. Or a short and a minute, correctly, so we can feel good about whatever, or we can lie about what it actually is. Well, if you buy into a company, it's betting on more information. So you don't know all that cash box.

And nothing that is involved, or the laptop is printing it. But with this, you have way more information on about the information, the information is much better. Yep. So I tell people, if you're going to buy a laptop and you feel like you're wasting money, but you like you're wasting money by it. Yeah, yeah, how do people actually do the same thing?

Yep, yep, the thing you're sure is that somebody's gonna ask what a man play that is the thing that you're a hundred percent sure Right, you might as well be the man Well, he's funny. That's a thing there. That's a Example of risk versus reward. In what way? If I buy a lot of ticket, then my chance for earnings, despite way more risk in this fact that it's the likelihood of me getting through and winning the cat the jackpot, it's so much this, if I buy it, SVO, my earnings on the doctor money, you'll be like this. What's this way more guaranteed?

Yeah, yeah. Because I didn't have to get a dividend. So even if a share price dropped, I get dividends. I get in some consistent over whatever period, if I buy a doctor money one time, then all the good for that one draw. kemudian, kalau ada satu kali, semua dia berhenti satu. Lepas satu saja, dan itu yang berhenti. Jadi, dia ada di luar yang terbaik, tapi dia berhenti lebih baik.

Jadi, itu berhenti, karena itu yang terbaik untuk itu. Saya rasa, saya rasa, saya akan berhenti orang. Mereka juga, saya tak pernah berhenti satu kali. Mereka berhenti satu tahun. Saya berhenti satu tahun. Saya ber Most of the years. I hope you guys like it. I hope you guys like it. I won't promise that there's more coming. Although there's more coming. I keep the expectations low. Keep it low. Yeah. We're very busy guys. Super busy. Yeah.

We're working on that. So as long as free up, we can release more episodes. Both. Yeah, look for it. Should be happy with this one. I believe. Look, look for it. Yes, look for it. Yeah, look for it. Of course, I think they get in this one pretty quickly. So it should be pretty current. With all that said, if I have anything else, I reckon it's called a time on it. Yes, it's indeed. Well guys, it's been a while. We've been going through two meetings. Yes. It's been an early season since See you later, and I'll see you later. I'm Randy Roe, I'll see you on Twitter.

Alright guys, miss out. Thanks for watching.