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[sharechat] STU by macdunk

From: "Duncan MacGregor" <>
Date: Wed, 28 May 2003 17:07:36 +1200 (New Zealand Standard Time)

Snoopy mentioned steel and tube in a recent post.  Now there is a company that is run by guys that stick to there knitting.  Not for them to take shareholder funds and invest, or should I say speculate in pie in the sky stupidity.   I have a black list with the names of snout in the trough types, stupid decision makers and straight out gamblers in the company world.   when I see names on the board with those names, I avoid them like the plague. Back the jockey in my book don't invest your hard earned cash on a monkey, especially if they want to many bananas.   STU execs are boring down to earth grey suit types, the type of people I wish we had in some of the other companies I hold shares in.  The pity is I sold out to quick, I presumed the building boom would be over by now. It makes a differance to deal on a personal level in business with a company it gives an insight to how well it is run.  I found STU well run. 
                   CHEERS  MACDUNK
discl no shares held.
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