There is a business concept called the Whiplash Effect. The concept is that the further back in the supply chain a company is, the greater the volatility in demand it experiences. This is due to the use of inventory by the members of a supply chain. As an illustrative example, consider a retailer of personal computers. …Read more »
I’ve just finished reading the ‘The Great Crash of 1929’ by John Kenneth Galbraith. I discovered this book at our local book-store, and I was motivated to read it when I noted that it was written in 1954. Currently there are many books being promoted in book-stores that are attempting to explain the cause of the 1930s depression and trying to forecast the current recession. …Read more »
It appears that a number of New Zealand NZX listed companies do not put much importance on investor relations. Investor relations encompass the communication between the company and its shareholders. Some of this communication is mandatory such as the audited financial statements that are required by statute (e.g. Companies Act 1993 and Financial Reporting Act 1993) as well as the NZX listing rules. …Read more »
I have recently been given the answer to my problem of my capital I becoming a little i with my gmail inbox. It turns out that this issue only affects people using English (UK). If you go into your settings and change your language to English (US) you will have your capital I restored. Not sure if this is Google’s understanding of the Queen’s English? …Read more »
Xero has announced to the markets a potential capital raising. They plan to raise the additional capital as a placement as well as a share purchase plan for current share-holders. The indicative price is 90c per share for the placement and share purchase plan. It is not a surprise that Xero is announcing a capital raising – as of 30th September 2008 they had $6,280,000 of cash. …Read more »
I’ve recently noticed that my Gmail is losing its capital letters. A couple of days ago I noticed that my ‘Inbox’ has become ‘inbox’. It looks a bit unusual since all my other folders start with capital letters, such as ‘Starred’, ‘Sent Mail’, and ‘Spam’. …Read more »
Xero have just announced their customer numbers as of 31 March 2009. They now have 6000 paying customers. They had 4000 customers on the 19th of February, and therefore have added 2000 customers in 40 days. Since the previous 1000 customers took 50 days to add, I had forecast they would have about 5000 customers today, so this far exceeds that forecast. Well done Xero. …Read more »
Earth Hour is a movement encouraging people to turn their lights off for an hour as a vote for Earth against global warming. Before I point out the simplistic and illogical nature of this campaign, I need to be clear that I do support the protection of the environment. …Read more »
