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Ricky

Ricky

@galumay.com.au

380 followers 330 following 1.1K posts

investooor, sailor, macnerd, lover, rocket surgeon & father. I started with nothing & still have most of it. Living in paradise, Arnhem Land NT, Australia. galumay.com.au

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Ricky @galumay.com.au · Jun 27

I have always preferred it, smoother cash flow, simpler bookkeeping /accounting.
As you say, fairer too.

Ricky @galumay.com.au · Apr 18

Ricky @galumay.com.au · Apr 16

I had to use CMC for NZ, Commsec used to do it but they stopped. They haven't made any noise about dual listing.

Ricky @galumay.com.au · Apr 16

Gosford way or inland?

Ricky @galumay.com.au · Apr 16

Sounds very similar to me, about 20 across SMSF & PA. My investing philosophy is "I seek to invest capital in the partial ownership of businesses, at a price that if I had sufficient capital, I would be happy to buy the whole business."
Very inactive, have held many positions for over 10 years.

Ricky @galumay.com.au · Apr 15

Thanks, where are you based?

Ricky @galumay.com.au · Apr 15

Another contract win for $AHC, tiny one but its more positive momentum for the business,

Ricky @galumay.com.au · Apr 15

I have one speccie medtech too, $PAR. Generally I avoid them like the plague!! As bad as mining explorers for losing money!
My bigger ones are things like $DDR, $REH, $NWH & ex-ASX, $AAPL, $BRK, $HLG.NZ

Ricky @galumay.com.au · Apr 15

Things I would consider adding to at current prices, $AHC, $CTE, $EVZ, $HIT, $KYP, $PWH, $VYS. I also think $KSL is still cheap, but I have a large position already.

Ricky @galumay.com.au · Apr 15

I prefer the ones I already own, know your own shit I say! I cant think of anything that has caught my eye outside my PF recently. I am a very inactive investor though, and any new position usually comes at the expense of an existing one, so it has to be better than the worst I hold! You?

Ricky @galumay.com.au · Apr 15

Whipping up my famous baked swedish meatballs with seekrit tomato sauce & fetta #prep #ricksbarandgrill 🍽️

Ricky @galumay.com.au · Apr 15

I have had a massive cull of the people I follow here to try & make my timeline readable. No interest in reading about 'murican politics, or domestic politics for that matter.

Ricky @galumay.com.au · Apr 4

@spanner.bsky.social Have you perchance glanced at Commsec today?

Ricky @galumay.com.au · Mar 31

$SXE with a sensible looking acquisition, hard not to admire management's track record on M&A, its been a consistent part of the growth & diversification. Nice as a shareholder not to have my pocket tapped and to see what looks like a superior rate of return on retained cash.
#investasx

Ricky @galumay.com.au · Mar 30

You may indeed have been a cook, but you are also a fuckwit. As I told you it was not burnt. I ate it, I know, you are guessing from a photo that is slightly misleading due to the colour of the skin.

Ricky @galumay.com.au · Mar 26

I didn't think you were!

Ricky @galumay.com.au · Mar 25

Where do you stop if you are going to pander to idiots with a vote? Look how its worked out in 'murika!

Ricky @galumay.com.au · Mar 21

*sigh. Blocked, not interested in discussions with extremists with zero financial literacy combined with conspiracy theories.

Ricky @galumay.com.au · Mar 20

Fair question, taxable income is what tax is calculated on, but like any business or individual investor, if you have previous losses or offsets they can be used to reduce tax owing. All the graph really shows is what a marginal business salmon farming is.

Ricky @galumay.com.au · Mar 20

One of my favourite quaffers, a Sangiovese from Toscana. I buy a couple of cases every year.

Ricky @galumay.com.au · Mar 20

Once again, for those at the back, total income is not profit, its revenue and irrelevant to tax, tax is not levied on revenue, it calculated on profit.
Very little profit, very little tax, its a low margin business.

Ricky @galumay.com.au · Mar 20

Sad news, a legend of the sport.

Ricky @galumay.com.au · Mar 19

Booked flights to Europe in August, been a while since we have been, mildly excited!

Ricky @galumay.com.au · Mar 19

I admit it looks like that in the pic, but no, thats the crispy skin, not burned, absolutely delicious!

Ricky @galumay.com.au · Mar 18

We have a little woven pandanus basket (local Aboriginal), with a collection of our found treasures in the middle of the saloon table. (no hearts tho'!)