Nov 07 2008
ABC Learning is Gonski!!
I don’t want to bring this up to much, mainly due to the fact that a good friend of mine has copped a pizzling with the ABC fiasco, but ABC Learning centres is gooooooonnnne!
It is a shame that a company with such a great monopoly on childcare in Australia would allow itself to get so riddled with debt that it can’t support itself. Unfortunately this is just another example of the ‘debt’s ok’ culture that grips people & companies all over the country (and world). Debt is acceptable in some situations but it is ridiculous in others.
ABC = Ludicrous
The following is a bit of a re-run from a post earlier this year. Eddy Groves will in all likelihood face criminal chargers at some stage. The following question remains unanswered and is one of that shareholders, banks and the government should demand an answer to.
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How is it that Eddy Groves former high flying corporate hero turned lame duck, on Friday the 7th of March 2008, was able to fly back into Australia and sell 12,165,301 ordinary shares for $2.1390488 per ordinary share?
Reviewing the total public share trading results for ABL (ABC’s stock ticker) for the entire trading period on Friday indicates that the share price never got past $1.75 per ordinary share. Who in their right mind would have paid 19% higher to purchase Mr Groves shares over those available on the stock market at a lower rate.
Possibly some back door deal done with a company/group interested in a position in ABC? If this is the case, are ordinary, off the street, shareholders allowed to do such deals?
Do any of you chief champs have any idea on the hard and fast rules here?
If memory serves me correct i think Eddie, Le Neve (that horrific thing he used to call a wife) and a few directors all dumped their holdings on that day.
ABC’s ticker code is ‘ABS’ not ABL as posted. Assume that was a typo SJ and all the figures in the post are correct as I don’t think there is an ABL ticker. Good question though. Eddie can’t get away with another case of poor corporate management. Can we give the Balinese firing squad a few extra bullets and line Eddie up too??
This is a real shame. I hope the government does the right thing and keeps these childcare centres open. One of my kids goes to an ABC and I want this to continue as there is no alternative.
We have a stake in a childcare centre in Randwick and hope to pick up some of the staff that ABC cast off.
The government has thrown $22m to ABC to keep them running until xmas. After that, your guess is as good as mine.
Eddie, the company directors and CFO all should face charges. They are all responsible.
IDIOT
SJ, where are all your followers? I assume the losers have gone a little quiet because they are busy doing overtime in their mundane lowly paid blue-collar jobs to recoup their Spring Carnival losses!!
Woodless(Blowgirl,) how’d the Melbourne Cup go for you & Mrs Woodless? Did my counsel enable you to improve the stability of your relationship?
Just because you operate the tuckshop in a day care center doesn’t make you a stake holder dickhead, all this time we thought you ran a sucsessful chicken shop!The wife and I are fine thanks for asking how goes your eternal hunt for a sex partner have the blisters on your hand got better!
Point 1 – Operating the tuckshop would in fact make a person a stakeholder you unintelligent insensitive inept weed!
Point 2- I know your wife is fine. It’s about time you stopped referring to “the wife & I” like you are still together you pathetic excrement!
Point 3 – I have had limited success (or sucsess) in my pursuit of romance you fat imbecile.
Point 4 – I have too much cash to ever have to worry about blisters on my hand you crude pig!
PS; How’d you like getting caught out with your Blowgirl slip-up you loser??
Hey guys, I don’t think we’ll be hearing from the Woodless Wonder again. As you can see, he has had no reply to my scathing attack & it looks like I have “removed” him from our site.
I’m still here chook plucker
1. you are still borderline gay
2. you claim to have money
3. I’ve been together with my wife for 20 yrs (let me know when you last 6 months)
4, you think because you call me fat you hurt me? you are joking right
5. your tuckshop is just a van on bricks in the car park of some day care center where whores drop there welfare tickets in to be looked after while they work or do drugs.
6. you hide behind your heritage when ever it suits, you scared lttle boy
7. you had the chance to meet blowgirl in the flesh on cup day but never took the opportunity.
8. every one on this site would line up and pay money to beat the living shit out of you given the chance (except rob b)
9. you are a worthless piece oh sh@t that your mother should have had the sense to swallow.
p.s. how is your mother still baking cookies for your mates
How does operating a tuckshop make you a stakeholder?
Well done Woody!
Iamadipstick.com could only come up with 4 points because that is all he can count to – Yet again there was no substance to the alleged “scathing attack” that he embarked on. Obviously reeling with his tail between his legs after that call.
“Woodless, Blowgirl, Krusty & Tunksy??” How many avatars do you need to try to sound popular?? I KNOW ITS ALL THE SAME PERSON. I have a lot more support on this site than a blow-in like you ever will!! Crawl back under your rock & leave this site to us or else!!
more idle threats, who would have thought?
IAATF – you have no support on this site. Barrack Obama has more support than you within the KKK.
Talk about the post topic or shut your cake hole.
I RUN THIS SITE NOT YOU 2 LOSERS!!!!
you couldn’t run a chook raffle
Sound a bit ruffled there IASM….its ok for a man to cry, go on, let it out.
Thankyou for calling me a man Farteen. That’s the only compliment I’ve ever received on this site. Unfortunately for you I will have to spurn your advances. I am not interested. I mightn’t have much luck with girls, but I am still not interested. Nice Try!!
IASM runs this site, what a laugh. I think you will find, that that most of the people that comment here actually know Shirvo in person, so quit with the idol threats, we know they amount to nothing.
Krusty, you amount to nothing! I don’t care who you know. I will own this site officially before long!!!!