Bayley Capital

Trying to earn a rate of return greater than inflation 🤞🤞DYODD. Caveat emptor!

[Bayley Capital @Bayley_Capital]

@JamieHalse Well done Jamie👏

[Scrivener Capital @ScrivCapital]

I've sent an open letter to Oceania $OCA following their recommendation to vote against my resolution.

The shares trade at less than half of NTA.

If you want the board to consider all options, including ones that don't keep the lights on at Quay Street, vote FOR Resolution 4.

[Bayley Capital @Bayley_Capital]

@abroninvestor That was an awesome read. Thank you Andrew🙏

[Bayley Capital @Bayley_Capital]

@ttmygh Don’t be sorry, this guy is a straight grifter

[Bayley Capital @Bayley_Capital]

@Reignots @BuffDawgg Fair. Could be a bit of a double whammy of higher forward multiple and div expectation.

[Jeremy Raper @puppyeh1]

An Open Letter to the Chair of the BoD of Humm Group Limited

https://t.co/Ay1jWf3bHh

[Bayley Capital @Bayley_Capital]

@puppyeh1 Banger of a letter mate. Agree with you, the market continues to punish the valuation under the current structure (no hope with TAG overhang) and there is probably no way out other than separation of commercial and consumer.

[Bayley Capital @Bayley_Capital]

@Reignots @BuffDawgg Is there anything to suggest they will be permanently changing their dividend policy moving forward? And any thoughts on the size of the div? Market is implying a $94m div based on the move since the announcement, or roughly 25% of current net cash?

[Bayley Capital @Bayley_Capital]

@ASB_Classic You guys should put some sort of shade over the stands on court 1 and grandstand🙏

[Bayley Capital @Bayley_Capital]

@ScrivCapital @puppyeh1 Good on you Tommy. Nice to see some activism in the sleepy NZ markets. I’m not an OCA shareholder, but wish you the best of luck.

[Bayley Capital @Bayley_Capital]

@puppyeh1 Amazing. Well done and congratulations on all your hard work Jeremy!

[Jeremy Raper @puppyeh1]

$HUM.AX says the governance 'framework' is 'mature' (whatever that means). If so then why did the Panel rule how they did?

Doesn't that mean the Directors - all of them - are incapable of executing the 'framework'?

And if that is the case why is the full report not being published? 🤮🤮🤮

https://t.co/50PXyKLyQf

[Bayley Capital @Bayley_Capital]

@puppyeh1 The joke continues

[Bayley Capital @Bayley_Capital]

@puppyeh1

[Bayley Capital @Bayley_Capital]

@puppyeh1 And if you've already voted via IBKR, no further action required?

[Bayley Capital @Bayley_Capital]

Clark does great work!

[Clark Square Capital @ClarkSquareCap]

Would love a RT if you found this useful! Thank you!

[Bayley Capital @Bayley_Capital]

Please vote your shares ASAP. The current board needs to go. Multiple corp governance 101 principles have been broken and minority shareholders made a mockery of. Long $HUM.AX.

[Jeremy Raper @puppyeh1]

🚨🚨 $HUM.AX today is the last day to vote your shares for the EGM (on Thurs) unless you show up at the meeting to vote in person.

If you wish to have any hope of getting proper capital allocation; proper engagement w/ Credit Corp; and no further expropriation of your investment by the largest shareholder, you must vote for change NOW.

https://t.co/iGukYXgct8

Thank you for all your support ✊✊👊👊

[Jeremy Raper @puppyeh1]

🚨🚨 $HUM.AX today is the last day to vote your shares for the EGM (on Thurs) unless you show up at the meeting to vote in person.

If you wish to have any hope of getting proper capital allocation; proper engagement w/ Credit Corp; and no further expropriation of your investment by the largest shareholder, you must vote for change NOW.

https://t.co/iGukYXgct8

Thank you for all your support ✊✊👊👊

[Bayley Capital @Bayley_Capital]

@Nobody_But_M3 He’s now turned comments off😂

[Bayley Capital @Bayley_Capital]

@puppyeh1 @eadatt I'm a CA in NZ and would second BDO - I feel you get more value out of the mid-tier firms vs big 4. Will be dealing with partner direct etc. If that fails, I can probably get you a rec for someone in the Valuations team at PwC