Weekly Meeting 31 August 2015

We had a stockbroker as our guest speaker today, which was something of a boon for those of us nursing retirement nest eggs.

However, before we allowed Andrew to speak, Brian Leiper informed members of the upcoming night of entertainment at the Bunker Cartoon Gallery featuring the Stomping Ivories. This show is dubbed the ‘Duelin Piano Show’ and will take place on Friday 9 October and Saturday 10 October from 7.30 to 9.30pm. Tickets are $35.00 per head and can be purchased online at Sticky Tickets or purchased direct from the Bunker.

As you can appreciate there is limited seating and the board of the Bunker expect these shows to be booked out early. Get in now to avoid disappointment.

President Scott advised members that another movie night is planned to raise funds for Rotary. Full details will be revealed at a later date.

Our guest speaker this week was Andrew Cragg from Ord Minnett. Andrew has taken over running Ord Minnett’s Coffs Harbour office from his father Fred. Fred was a charter member of our club and a long-serving Rotarian. Andrew gave us a run down on the current share market and showed some interesting statistics regarding current trends. As we all know the market has been in some turmoil with the declining commodity market, declining Chinese growth figures declining and the Shanghi share market declining substantially. Andrew believes that the current position points to a possible rebound. With a flat market he advised that sector and stock selection is critical.

It’s always interesting seeing a situation from the perspective of someone on the ‘inside’, so it was a pleasure to have Andrew with us this week.

If you’d like to read more about Andrew’s visit or the comings-and-goings at our club, don’t forget to check out the latest edition of the Coffs City Chatroom:

ROTARY Chatroom 20150831