Jon Goh

@SStapczynski @AlboMP I urge you to reconsider imposing higher taxes on gas producers. This would impact Australians broadly. For instance, Woodside has 578,895 shareholders (per 2025 annual report), many of whom are Australian. That's a lot of votes! @au_energy_prod

Australia’s LNG producers might face higher taxes if they make too much money 🇦🇺 💰 Prime Minister Albanese has asked Treasury to look into imposing a windfall tax on the country’s vast LNG industry, to capitalize on soaring prices of the fuel bloomberg.com/news/articles/…

@ironic_capital these people are using plastic brooms, are wearing gumboots, protective gloves and glasses. All of these are made from petroleum products.

Australian's: "NO TO STATOIL" Also Australian's: "WE WANT TO TAX GAS LIKE NORWAY"

@Larryjamieson_ Fortune of War. Awesome live music Wed to Sunday

Favourite drinking venue in Sydney cbd?

@respeculator @trader_ferg This is a gem of a hidden asset on its books. In addition to its Qld bulk handing port asset

For those concerned about QLD royalty theft on any profits from New Hope’s New Acland mine $NHC.AX @trader_ferg

@matt_barrie Very strong sell signal in my opinion

@respeculator As a member of the Goh clan... I am very partial to Lessss goh 😅

No time for negative folks no more... blocked and reported.. adios.. less goh

@puppyeh1 well played on this one Jeremy !

$JLG.AX getting done at $4/share…pretty nice outcome, basically as speculated in the 👇 Well done to all who played 👍🏻👊🏻

@compoundpapi Yes !

@ironic_capital Excellent thread. Thanks

Thanks for getting this far. My thesis is simply that the market has overly punished this name, just has to literally produce their existing oil and liquidate their inventory. Baúna has the ability to provide a large amount of cash, and this needs to find its way back to shareholders. The biggest risk is literally its own management team spending the excess money these assets give off. I have followed the name for a year and wrote a full length substack post on it in Dec’24, at a share price of ~$1.20. I see little downside, and reasonable upside. ironiccapital.substack.com/p/karoon-energ… [On $KAR Coverage: I plan to only cover earnings releases or any major changes. I also plan to talk about other names to build a little more balance on my feed. ] Disclaimers: I hold $KAR.AX as part of a very diversified portfolio. See my research for full disclaimer and more info.

It was confirmed on the call that the Baúna field has very little further development potential in terms of new wells or reservoirs. (Made sense looking at the field maps). There is always presumably some smaller (but high return) Workover potential. There was some talk about potential ESP replacements, nothing concrete. The last large Baúna Petrobras deferred consideration payment is assumed to be paid (~US$88M). Whilst there are 2 more years of payments, they are much smaller ($36M / $15M) and due in Jan’26 and Jan’27 respectively. This essentially opens up more free cash flow. (i.e. similar in size to the upsized $75M buyback planned). Who Dat is progressing with the drill wells, WDE and WDS. Est 2026H1.

@respeculator Please excuse my ignorance on this topic... but is it a net consumer of energy because of the construction costs ... or other ?

$14bn of tax payers money on something that is a net consumer of energy.. all the hidden costs of intermittent energy that proponents seem to forget about.. 🤡

More promotional activity following #Endeavour group's weak trading update yesterday. $EDV $COL

@plalor I see similarities between Inglis and Aaron Finch, and Finch did not work out as a test opener

@tobaccoinsider Generally sound scorecard. Only metric I don't like is New Category spend effectiveness. Under this, as NC gross profit grows, management is incentivised to increase NC spending to keep pace. Not ideal to reward spending for the sake of spending

BAT defines a new Transformation Scorecard with 8 metrics $bti $bats Follow the live "BAT 2024 Capital Markets Day" write-up on our website: tobaccoinsider.com/bat-2024-inves… 3%-5% revenue and 4%-6% operating profit growth targeted in the medium-term

@hurdle_rate Thanks for the writeup. Any thoughts on what proportion of the cash balance may be related to accrued employee incentives, to be paid out post year-end ?

@LibrarianCap Fed Funds ETF 😅

@DeezPeanutsss Thoughts on governance risks and mitigants around majority control from Chinese governmental agencies ?

After yesterday's bloodbath, the only way I can see $YAL.AX fking up from here is if they overpay on M&A. 1) Acquire assets for a decent $ - Payouts are back loaded for those who can wait. 2) Fail to acquire assets - heavy divs will resume. #coal

@respeculator I really couldn't get comfortable with management's incentive structure, when 40% of CEO's scorecard is seemingly to pursue transactions (i.e. growth for growth's sake?!🫤) with a much smaller 25% weighting on how the company actually performs financially. 🤷‍♂️

I’m shitting on myself here as I have owned and put forward this Co previously… who would have thought a royalty Co on select commodities would do this in an inflationary environment. Go woke, go broke they say… amazing. $ECOR.L

@bhidesubodh1 these types of incidents aren't that uncommon sadly... but certainly not a good look for management 🫤

@JS_Value whats your view of WHCs fines? Is that common in the mining world or is it an indicator of management competence?

$WHC has a long list of fines, breaches and incidents. Although the $ of fines are small, it raises question marks over management's ability to follow rules 🧐 Below is page 1 of 4 😱

@respeculator Thoughts on Sev.en Group's prospects of being a benevolent majority shareholder of $CRN.AX? They seem to prefer wholly owning their assets. Full takeover offer likely at some stage IMO

$WHC.AX will today close a US$3.2bn+ coal deal first announced on 18-Oct-23 and went unconditional 8-Mar-24. On the 26-Sep-23 another coal deal was announced where $CRN.AX major 51% SH was selling their stake. Despite being announced earlier & being simpler we’ve heard nada 🧐

@UBank @EdnaPossum @parrapower2022 It's a pretty competitive deposit funding market out there. Customers may be reviewing their relationship with Ubank as part of this business decision ! There's a 5.75% introductory rate from @RabobankAU for instance

@EdnaPossum @parrapower2022 Hi Edna, this was a business decision. Our deposit and home loan rates are separate, and any changes are made independently of each other. As well as this the variable rates on our products and services are subject to change at any time.

Hi @UBank, Is there any particular reason for not passing full interest rate hike to savings customers??? Why this discrimination???