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View Full Version : Poor Jimmy...do you think he will be OK?



Greatsouthernland
8th August 2014, 08:08 PM
I saw the headlines that he had lost $400 million :o I wonder how a mere non-millionaire like me would 'put myself in his position' to 'understand' what he must be going through...:D

So I'm thinking of a research trip to Vegas, gonna need to book a penthouse suite, some coke and hookers, a couple of suitcases of cash, a hot model to marry (could get elvis to do that :cool: ) then get divorced next day (maybe couple of days :angel: ) a good mate to 'punch on' with...this is gonna take some fundraising!!:( could list a company on the ASX for that :) ?

Anything else?

https://au.finance.yahoo.com/news/vegas-bet-proving-costly-for-packer-055153259.html

Bigbjorn
8th August 2014, 08:41 PM
He hasn't lost anything. The value of his shares has gone down. To show an actual loss he would have had to sell shares at a lower price than he acquired them for.

scarry
8th August 2014, 08:50 PM
Maybe borrow a few $ from his mate Burnie Ecclestone.

Burnie wasn't to worried about giving away $100 mil the other day...

Yorkie
8th August 2014, 09:53 PM
Burnie is a smart ***** that we all wish we had been, bought into f1 at the right time and made squillions.

Greatsouthernland
9th August 2014, 08:47 AM
He hasn't lost anything. The value of his shares has gone down. To show an actual loss he would have had to sell shares at a lower price than he acquired them for.

Still a loss of present net worth (or net present worth), not a 'realised' loss...but don't tell me, tell the all knowing informative media that keep us edumacated :D

Next week he'll probably have made a billion $ (increased NPW/NPV) due to market movements the other way. This is important news :eek: either way init?

bob10
9th August 2014, 07:09 PM
I saw the headlines that he had lost $400 million :o I wonder how a mere non-millionaire like me would 'put myself in his position' to 'understand' what he must be going through...:D

So I'm thinking of a research trip to Vegas, gonna need to book a penthouse suite, some coke and hookers,




Make sure you get the low sugar one , coke zero?, & keep away from hookers mate, all they want to do is talk tight head, loose head, find a back for a mate, they are the intelligent ones. They can talk lines & angles, & such stuff. Bob

Greatsouthernland
10th August 2014, 11:07 AM
Make sure you get the low sugar one , coke zero?, & keep away from hookers mate, all they want to do is talk tight head, loose head, find a back for a mate, they are the intelligent ones. They can talk lines & angles, & such stuff. Bob

Sounds like I need you to come as my wingman, I would have ended up in all sorts of strife as I was on a totally different mission :o what was I thinking :angel:

Bigbjorn
10th August 2014, 03:22 PM
I don't think James will need to go to Centrelink and apply for Special Benefit just yet.

Ausfree
10th August 2014, 04:19 PM
Has this bloke built anything that is of benefit to the nation. All I hear his name connected to is casinos.