Correspondence: Financial advice and the mining services sector

Eureka Report members take a closer look at financial advice and question the performance of two mining service companies.

Alan Kohler’s weekend briefing, The System Is Rigged, was the best newsletter that I have read since I became a subscriber to Eureka Report. The lessons outlined in the briefing should be heeded by all. The rorts that Alan listed that go on across the investment spectrum were spot on.  Unfortunately, it seems the people involved do not see anything amiss in what they do. Hubris leads to treating ordinary investors with contempt. We need more people like you to expose the arrogance of directors and senior executives as well as the funds management and financial advice industry.

Keep it up please.

Graeme Thomson

Could John Abernethy advise on the sharp share price falls of both Monadelphous and Fleetwood Corp? Are they still viewed as good value or are there fundamental issues in both companies?

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