Latest / The Curve / TCW64: Cheap holidays, Hong Kong's in trouble + Vic's big surprise.

Transcript

TCW64: Cheap holidays, Hong Kong's in trouble + Vic's big surprise. · The Curve

• 0:00
  Hi and welcome to the Curve Weekly, the podcast that keeps you up to date with all the money,
• 0:06
  business and stock market tea. Everyone should experience for us at least once in their
• 0:10
  lives and Annie shouldn't miss out just because she can't afford it. Help me, I'm poor.
• 0:15
  I'm torn between wanting to talk about the fact that I'm dog sitting, the Spain surprise,
• 0:21
  like there's so many things I want to talk about. I know I was like we can't talk about the Spain
• 0:25
  surprise, but then we can because by the time this podcast, we totally can't. So we're doing
• 0:30
  this podcast record a day early because I have decided to jump on a plane and go to Spain to
• 0:37
  surprise flower man, which is pretty I am so excited like I love surprises. You don't have to
• 0:45
  be like, oh, hey, and I'll be all we can help be emotional. No, he was stoked because you've
• 0:52
  been so busy lately. You know, when someone's just like making zero time for you, that's been
• 0:56
  victorious every one in her life. Last night, I didn't know so if he was like, you would be
• 1:01
  horrible to date. I was like, I know, I would be. You just, she literally got up. We weren't
• 1:07
  even finished and she was like, I mean, at home, I was like, what? I was like, like our friends
• 1:13
  still got a glass of wine and she's like, got to go. I was like, oh my god, dude, that
• 1:16
  it is so you to a taste would have been like, I've got to be efficient because I've got to do
• 1:19
  XYZ boundaries. You know, yeah, but like my boundary was also tired, you know, just left me out there
• 1:28
  to fucking fend for myself. Sorry about it. No, it's fine. I can, I can hold my own at a dinner,
• 1:32
  don't worry about it. I used to always do that. I can invite everyone back to my house like after
• 1:38
  at a bar, be like, everyone back to mine and then go to bed. I feel like, okay, no, and everyone's
• 1:43
  like, what the hell? All my friends started coddling on. They're like, okay, we'll come back to
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  us as long as you don't go to sleep. I promise, I promise I won't stay up like 10 minutes.
• 1:54
  Yeah, no, I'm very excited. I'm excited for Spain. I'm also amazed because if it's going to
• 1:58
  Spain, I'm dog sitting. So me sitting on the bed, she's with, I'm honestly, I love being a dog owner.
• 2:06
  I've just decided, I think I, maybe I want a dog. We could just have joint custody. It's fine.
• 2:13
  She's actually already dribbled on my do-they cover, is there anything dribbled?
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  Does she do that normally? Yeah, she's left a wet patch. Anyway, we're going to have the best time
• 2:21
  while you're escaping around the Spain Sun and your door will be finished.
• 2:25
  Spanning at Tuppers. Oh, great. So happy to see you. I can't wait to update you run on how the
• 2:30
  surprise goes. Can you film it, actually? Yeah. Oh my god, can someone film it? Yeah.
• 2:36
  Although you know, when you start doing a lot of surprises, people start expecting a surprise.
• 2:40
  Yeah. I think I'm falling into that. I think I'm falling into that, you haven't you.
• 2:43
  Yeah. But the other night, I was like, I can't come over tonight. I can't come over tonight.
• 2:47
  And she's like, surprise. And it's finished.
• 2:54
  Like that actually happened. That's a true story. Yeah, that is so funny.
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  Also, I just assumed that he wants me there, you know?
• 3:02
  What if he's just wanting a really nice, relaxing weekend away? And I'm like, hi, over here.
• 3:08
  And the funniest part about the bed incident, the recent surprise is that she wasn't even in like
• 3:14
  60 lingerie to be like, let's have sex. She was like, I've got my period and I'm in pajamas
• 3:18
  and I'm going to bed, but like, surprise. You're like, it sounds really cute and sexy.
• 3:23
  I'm surprised. And we're a bit taken for you. But it was just not that.
• 3:28
  Hey, but you know, he appreciates me. None the less. Do you know?
• 3:32
  Listen to this forecast. Can we fact check that? Oh, I don't know. Probably.
• 3:37
  Anyway, but I will update you all on the Spain surprise.
• 3:41
  Yes, okay. Great. Can't wait. I just feel like the plane's going to cancel
• 3:45
  or the train's not going to work or something. It would be a luck, wouldn't it? Yeah.
• 3:49
  I just feel like every flight in London that I've got has been delayed or canceled or,
• 3:56
  you know, like, the reliability. Did you book easy jet or something?
• 3:59
  No, I've learnt that lesson because I do think that's so much worse. Like we, I was coming back
• 4:04
  from Morocco a couple of weeks ago and we were all boarded through the security literally on
• 4:10
  the time act ready to get on the plane and they told us it was two hours delayed and we had to go,
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  oh, the whole thing is just such a chameleon. And I haven't always had a dollar for every time you
• 4:20
  had a plane melt down. Yeah, no, it's so bad. I would be. I just need supervision. I need
• 4:28
  supervision. I cannot be trusted really in getting myself from A to B. It's just there's
• 4:33
  something always goes wrong, doesn't it? I remember we had a meeting last year and it was like,
• 4:39
  you just didn't show up and I was like, oh gosh, um, and I was texting you. I was calling you and
• 4:44
  there was like, not, not no cons. And I was like, this is really weird. And then a few hours later,
• 4:51
  and I got angry within this phase. I was like, worried. Then frustrated. And then I was like,
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  and then I got a text, I'm like, sorry, my plane took off from Morocco, nearly landed and London got
• 5:02
  sent back to Morocco. And I was like, if this was anyone else, I'd be like, bullshit.
• 5:10
  Probably differently happened to you. Yes. Not the luckiest. I would say a whole other podcast,
• 5:15
  you know? Yeah. In fact, let's not bore everyone with my boring travel stories.
• 5:20
  I'm going to put in the notes, skip two and then put the time code so that anyone that's like,
• 5:25
  shot up, yeah, they can just give me the finance. Yes, the finance chat. So speaking of travel,
• 5:33
  I kind of wanted to start by talking about currencies because we don't actually ever talk about
• 5:40
  them all. We haven't spoken about them in much detail. And they have a big impact on stocks and
• 5:46
  countries and, you know, where we spend our money, where we travel, all of that kind of stuff.
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  So firstly, a good way to think about it is that countries are like stocks. If more people
• 5:58
  demanding a stock or going to a country or using a country's products, buying a country's
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  products, that pushes the price up. So it's like with anything, if there's increase in demand,
• 6:09
  then there's increase in prices of stocks or an increase in a country's currency.
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  So it's a good way to think about currencies is like the price of a country. So if a currency
• 6:21
  is really, really strong and really high, that means there's been a lot of demand and that
• 6:25
  that means that country's doing really well. So would an example be that London is super expensive?
• 6:31
  And it's because so many people want to live here, which continues to drive the price up.
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  Yeah, I mean, there's inflation under that, but I'm meaning like, if you look at currencies,
• 6:40
  you always have to look at currencies in relation to other currencies. So yes, so if the currency,
• 6:45
  if the pound was really, really weak, it would be probably because the economy is doing really
• 6:50
  shit or yeah, there's just like least demand for the pound from other countries. But yes,
• 6:59
  that is essentially essentially it. Like the US has one of the strongest currencies in the world,
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  and that is all because of it's one of the biggest export products and stuff. So do people
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  and spending and living in a country like a combination of everything, everything, everything.
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  But yes, if your currency is say less attractive and therefore really, really cheap,
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  then that's really good for exports because it means a lot of other countries are like, oh,
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  you know, the price of New Zealand goods or the price of Japanese goods and looking really,
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  really cheap right now, I can buy more of them for the same price if that makes sense.
• 7:40
  Does that kind of make sense? No, it does. So there's a fly that got really trapped in my
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  row and it's so annoying and loud. I'm trying to concentrate. Yeah. So I guess what I'm getting at
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  is that say you went on a holiday to Japan 10 years ago and their currency was really, really high,
• 7:59
  what you could purchase would be a lot less than if you went now when their currency is really weak.
• 8:03
  And so probably bad example because Japan's currency has been weak for a while. But I'm getting
• 8:07
  it. And it is that Louis Vuitton market. So LVMH, which we were talking about before on the
• 8:12
  podcast. So they own like 75 brands from like Louis Vuitton to Don Perillon to a ton of
• 8:19
  ton of luxury brands. Anyway, they had a really good result and they showed that this was all
• 8:25
  around Chinese shoppers buying products in Japan because the currency is weak. So you could buy
• 8:32
  a Louis Vuitton handbag for example for a much cheaper price in Japan because the currency is weak.
• 8:38
  So what you would spend to kind of go for. Okay. Okay. Okay. Thank you for using an interesting
• 8:45
  example. So I was a very long-winded introduction to what I was trying to get at. But it's basically
• 8:51
  the idea that if you buy a product in a currency that's doing badly, you're kind of getting
• 8:58
  it cheaper. Yes. Yeah. Yeah. So it's like. And currencies swing around and round about.
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  It's like there's there's economic cycles. So some currencies will do really well and then things
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  will be more expensive there. And then things will be cheaper when the economy is not doing too
• 9:11
  well. So yes, it is. It is like a stock price that you're getting. You're getting the same
• 9:17
  products or the same experience sometimes, but at a cheaper price. Anyway, this one might make more
• 9:24
  sense. Doc Martins. Yes. So Doc Martins. Actually, they're ticker, which is like their identity
• 9:31
  fire. Where are you recording this podcast? London. This is so many like alarms and fire engines
• 9:38
  and stuff. And cyclo. Welcome to my new flat. Oh, it's really loud. It's so loud. But I can't
• 9:44
  get used to it. I'm like, it's just London. Oh, yeah. I would take that. Oh, there's a screaming
• 9:49
  cycle person. Holy shit. We got kicked off a bus the other day. We were on our way to a meeting
• 9:55
  and they're like, sorry, we can't go right down Hackney. And then we got off and we found
• 9:58
  we were walking down the street. Someone had been stabbed and we were just wandering down.
• 10:02
  Everyone was just acting normal. We took a few side streets like it was all I say. I was like,
• 10:06
  if this was a New Zealand, can you imagine? I'd be like, bedding down the hatches. And so
• 10:12
  ran run. Whereas we were just like, it's like another day. Dock Maddens, do you, do you wear them?
• 10:20
  I feel like you know you do. Yeah, I know. I'm aware of my shoe collection. But I was
• 10:27
  wondering if you've ever deviled because I'm a big fan, but I feel like I've never seen you in one.
• 10:31
  No, I wanted to. I tried them on. They're just so uncomfortable. Like, it's like you wear the
• 10:37
  most uncomfortable heels either heels. Yeah. Don't mind doesn't do heels. No, that's
• 10:42
  I mean though, but like you could put up with uncomfortable heels. Why would you not push through
• 10:47
  the door? But I'm not walking around heels all day. You know, like if I want to wear docks,
• 10:50
  I'm like walking round or day and I don't want to get like blisters from like quickly there.
• 10:54
  Anyway, it seems like a whole lot of other people agree with me because it's gone down.
• 10:59
  Yeah. Yeah. U.S. sales were down 30% and their share price is down 85% since like
• 11:08
  peaked in 2021 and now it's down 85% since then. That's really because they're just not
• 11:14
  selling enough shoes. So it's the sole issue. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no.
• 11:26
  I can't believe you just said that. Did you plan that you did? I know. You wrote it down and you thought
• 11:31
  it was a little bit. It's actually in my notes. Yeah, with a big lol next to it. Anyway, they went into
• 11:37
  so this is actually a British company or started with it by a German family and it's a it's a
• 11:41
  British company and they actually they started in the 1950s and they used to sell shoes for two
• 11:46
  pounds up here. So it used to be super cheap and they're like a working man's shoe. Yeah. Wow.
• 11:52
  Anyway, they put out a statement last week that they have gone into what we call a trading halt.
• 11:59
  Now, if you're invested in the company and you see an alert come up or you see a headline or
• 12:06
  you're like, hang on, the share price hasn't moved and it's gone into a trading halt.
• 12:12
  This can be either good news or bad news and what a trading halt is is that there's a rule
• 12:19
  and investing that you cannot trade or it is illegal to trade on material, non-public information.
• 12:27
  So this is why I think it's a poor financial result. That would be like, what would it be like?
• 12:34
  Like is this like inside a trading kind of stuff? Yeah. Okay. So if like that's why CFOs,
• 12:39
  so like chief financial offices, they have super strict rules about when they can trade if they
• 12:45
  have shares in their own company because they're privy to like so much information that's like
• 12:50
  they could be like, oh gosh, sales are through the roof. I'm going to buy shares in my own company.
• 12:54
  You know, like that's super illegal. And so their window and and usually anyone in a position of
• 13:01
  senior already like a CEO or a CFO, they can only buy shares straight after everyone else has
• 13:06
  seen the information or sell shares. So that's why every quarter companies release financial
• 13:12
  results so that in a because they're material and they do it in a really public way. So they'll
• 13:17
  put it on their website, they'll send it to Bloomberg, they'll do all this stuff so it's public
• 13:22
  and then anyone can trade on the information. So yes, this is inside a trading. If you had material
• 13:28
  information that was not public and you trade on it, that is illegal. So Doc Martin has gone into
• 13:34
  a trading halt because it's got material information that it hasn't made public yet. So this can either
• 13:40
  be good material information or bad. And usually when a share price is fallen about 85%. It's probably
• 13:47
  bad news. It's probably more bad news. But anyway, like I remember owning companies in the portfolio.
• 13:54
  And wait, sorry, I'm sorry. We just pause for one second. So just to reiterate, a trading
• 13:59
  halt is they've stopped producing or selling because they've got a big announcement. Yeah,
• 14:06
  no, they've stopped, they've stopped any trading, any buying or selling of shares. Oh,
• 14:10
  of shares. Oh my god. Sorry. Sorry. I was like, what? People can't buy Doc Martin's.
• 14:15
  You've got to be really clear about these things. Sorry. Sorry. Sorry. Sorry. Sorry. Sorry.
• 14:20
  Yes. So they put out like so no one can trade because it's like, oh gosh, we're about to
• 14:24
  release something big. So usually if a company went into a trading halt, surely someone's buying
• 14:28
  them. Well, possibly. Yeah. Or they're like, look, we've had another absolute shocker of financial
• 14:34
  results. And we just need to. Sorry. It's not just gives the company a bit of a bit of breathing
• 14:38
  space. They're like, oh gosh, we just need to like gather our thoughts. And can we go on
• 14:42
  to a trading halt? It's a bit of a mental health day for a for a share price. Yeah. Yeah.
• 14:46
  And usually it only lasts like a day or yeah, um, next like three days, that's pretty real.
• 14:51
  But yeah, exciting, really. I'm almost like, yeah, wait, so I can't buy shares right now.
• 14:55
  Because I was thinking if it is potentially bad news, I'd be willing to, you know, just chuck
• 15:00
  a $10. See what happens. So they've got a new, um, they've got a new CEO who is an ex-Apple
• 15:07
  senior director. So no pressure. They had that. You'd be like, oh, brilliant. Now it's totally
• 15:12
  up to me to turn this entire company around like house stressful. Yeah. Uh, I guess that's why people
• 15:17
  will be like, oh, well, he looks good. So I'll buy shares. Some of people might be like, nah,
• 15:20
  he actually doesn't have what it takes to turn around a business. So this is the kind of decision
• 15:24
  you're making. I'm just reading comments about because the thing is like, you know, being like a,
• 15:29
  I don't know, Ariana Grande, for example, whatever. People write whatever they want online.
• 15:33
  But imagine if they were like, oh, no, this person's absolutely stupid. He doesn't know what he's
• 15:37
  doing. Or she's like, you know, you kind of don't, you think more of like public figures or people
• 15:43
  talking shit about you as strangers. It would only be like famous people. But I guess in the
• 15:49
  realm of CEOs, it would be everyone would talk about you. It would be like, how we're,
• 15:53
  oh, and if you don't do a good job at a company, you're going to be like, absolutely not.
• 15:59
  I like the worst thing I think would be if you joined a company, say I joined as the CEO of Apple.
• 16:06
  Amazing. Love. Uh, and there's a big announcement that Victoria Harris is the new CEO of Apple.
• 16:12
  I'll be selling my shares and that. Exactly. And then she price goes down. You're like, oh,
• 16:17
  got it. Okay. Obviously no one believes in me. Oh my god. And vice versa. If you were like,
• 16:21
  and Victoria has had a great tenure as CEO of Apple and now she's leaving. And then the
• 16:26
  share price goes up. You'd be like, oh, okay. Obviously, no one likes me in my role. You know,
• 16:30
  it's just like another level of vulnerability. I don't know if I'm ready for. Yeah. Yeah. Anyway,
• 16:37
  we were about to say when I was at used to being blah, blah, blah and I interrupted you. Oh,
• 16:42
  yes. When I was a portfolio manager and you'd have, you know, you'd come in, you'd look at your
• 16:47
  portfolio and you'd sit there and you'd be like, oh, the announcements start coming through during
• 16:51
  the day. Like some of them are like not that interesting and others are quite material and
• 16:55
  and then, you know, every now and then one would go into a trading halt and you'd be like,
• 17:01
  oh, gosh. I was happening. Oh, my gosh. And then you go and you talk to people and you'd be like,
• 17:06
  I'll go, what could it be? Or could be this? It could be that. And then honestly, it's like,
• 17:09
  it's quite scary. And then sometimes you're like, woohoo, they've been acquired or like,
• 17:15
  which is amazing because then the shoe price shoots up or I don't know, maybe the CEOs leaving
• 17:21
  and then it comes out of trading halt and it's different sales because they're like, oh,
• 17:25
  gosh. So it's a slight gossip in the fight in the office. You're like, oh, my god,
• 17:30
  Tesco's in a trading hole and everyone's like chatting about it. And everyone's like, what could
• 17:34
  it be? Yeah. Yeah. And everyone tries to speak. Oh, that's so funny. That's so fun.
• 17:40
  Do you miss it a bit? A little bit. Being out there on the market trading.
• 17:47
  You know, just be on the edge of your seat, be like, oh, what is the trading halt going to be?
• 17:52
  Another new Sampsonite. There's been a bit of news around Sampsonite. So you know,
• 17:58
  the luggage company. Yes, yes. I actually got a Sampsonite. Do you? It's broken though. I'm not sure
• 18:03
  if that's like a, a sign of me always trying to squeeze too much into it or faulty product.
• 18:09
  I think it's that one. Yeah. Yeah. Yeah. Buying the cheapest ear fear and then like we're,
• 18:16
  it's like Joey or friends wearing like a million layers of clothing. I saw this.
• 18:19
  Maybe the other day and it was like this guy dancing. I was saying, me trying to strike people
• 18:23
  from out of where my bag is. I was like, that is totally me. And I was like, hi, how's
• 18:28
  you doing? How you going? Do you have any kids? I know. You're putting it, putting the other
• 18:32
  bag, like the three bags on one side of the bag, handing you a passport over on that. They've
• 18:36
  liked it. Absolutely. Just locating your shoulder from how heavy it is. But actually,
• 18:39
  it's the lightest thing ever. Oh, gosh. Anyway, sorry. So Sampsonite went public in Hong Kong
• 18:47
  and back in 2011. So that means that the public can buy shares ever since 2011.
• 18:53
  The shitty thing is that the Hong Kong stock exchange is done really, really badly. It's one of
• 18:59
  the worst performing major stock markets in the last 12 months. And is that because of the whole
• 19:06
  China cropping and all that? Yeah. Yeah. Yeah. Yeah. Yeah. And losing their kind of independence.
• 19:11
  And their economies done terribly. There's a property crisis. Not a huge high unemployment.
• 19:18
  All of that. Yeah. So a private equity company was like, hey, we see a lot of value in Sampsonite
• 19:25
  that isn't being recognized by it being a public company because of all those factors around the
• 19:29
  Hong Kong stock exchange. Yeah. Fair. We're going to try and take it private. And then they couldn't
• 19:35
  really agree on a value that would be attractive enough for public investors because they need to
• 19:39
  give a price that is well above what it's trading at publicly to make it to incentivise
• 19:45
  current investors to sell. Like, if I'm sitting there with a Sampsonite share, say for a dollar,
• 19:51
  and you come along and want to buy all my shares, so if you offer me a dollar 10,
• 19:56
  I'm sure we're going to be like, yeah, I'd be like, actually, no, it was a dollar 10,
• 20:00
  like not that long ago. But if you offered me, offered me two dollars, I'd be like, shit,
• 20:04
  yeah. So you've got to, but then they've still got to see value. And if they're buying the company
• 20:11
  a two dollar share price, they need to see value beyond that because they're buying and taking
• 20:17
  a private and then making changes to make it a bit better and a bigger and improved company. So
• 20:23
  anyway, they couldn't see that. So the solution that Sampsonite Sampsonite's going to do is
• 20:28
  is dual list, which means that it's listening on another stock exchange so that it creates more
• 20:32
  demand. And that is a way that value can be realised in a company. So it's like, I think we spoke
• 20:39
  a wee while ago about how Shell might leave the London Stock Exchange. Oh yeah, that's bad. And
• 20:44
  yeah. And this is kind of the opposite. It's like, okay, you've got a company that is on a stock
• 20:48
  exchange is not doing too well. So it's not reflective of how well the company's doing because the
• 20:53
  stock exchange is just not doing well and no one wants to invest in the Hong Kong stock exchange
• 20:57
  at the moment. So they're like, let's dual list to another stock exchange, like the London stock
• 21:03
  exchange, for example, or the New York Stock Exchange. And then we'll hopefully get a
• 21:09
  big influx of demand, which will boost up the value of the company. But it's a problem
• 21:13
  about the Hong Kong economy in general. If people start pulling out of their stock market,
• 21:18
  isn't that kind of scary? Yeah, yeah, definitely. And there's another company Locker Tane,
• 21:24
  Locker Tane. Yeah, yeah. So they've been taking off the Hong Kong Stock Exchange
• 21:34
  for some of the reasons, but yeah, they were taking private as well. So there's another company
• 21:38
  that's gone. It's like this, they jump to the side pool. Yeah. And then from an investor,
• 21:43
  it's like, oh, well, there's all these companies going. There's actually not much else to
• 21:46
  invest in the Hong Kong Stock Exchange. I'm not, I'm not going to invest in any of the remaining
• 21:51
  companies that are on there. You know, like it's kind of the whole side. Yeah. So it is a thing
• 21:56
  to be aware of, but usually a stock exchange is a refection of the underlying economy. And
• 22:03
  Hong Kong hasn't been doing too well. So yeah, but we could see Sam tonight on another stock exchange
• 22:09
  and we could buy shares there if we wanted. I guess you'd probably be kind of stoked if you've
• 22:14
  got them currently, because if they're on the Hong Kong Stock Exchange and not doing very well,
• 22:19
  and the point of moving them to a new one is so that they can like grow and get, you know,
• 22:24
  surely that's a good thing if you currently own them, because they'll probably go up in value,
• 22:27
  right? Yes. I mean, you know, nothing will be guaranteed. But it's just though you're probably
• 22:31
  in a good position if you've already owned them. Yeah. It's like New Zealand companies that
• 22:36
  they might be global companies or they might be growing globally. And they're like, you know what,
• 22:39
  we're now going to list on the NASDAQ or the New York Stock Exchange. Just like, oh, you're going
• 22:45
  to have a whole lot of interest from American investors now that you probably didn't have before,
• 22:50
  because they might not have been able to invest in New Zealand. But now they can because their
• 22:55
  New Zealand company is on the New York Stock Exchange. So it's like, yeah, it does create just
• 23:00
  more awareness and more interests and therefore more demand and increase share price, hopefully.
• 23:06
  Yeah, this has been such a stop focused curve weekly. And I'm definitely not mad about it,
• 23:10
  but did you do that on purpose because of the curve classroom? Or is that just what's been happening?
• 23:15
  Because if you did, I do. I do. That was quite clever. Yeah. Well done.
• 23:21
  No, I think last week's was quite non-stock focused. So, yeah, yeah. I just like mixing it up.
• 23:26
  It depends what's on the news, to be honest, you know, there's a bit going on. You're going to get
• 23:30
  to, yeah, no, yes. Yeah, it's like a box of chocolates. Hey, life is like a box. I was trying
• 23:37
  to save you from saying that and you kept going. Yeah. Yeah. Hey, I hope you have the best time
• 23:43
  in Spain. I speak on behalf of the entire curve community that I would like photographic or video
• 23:49
  evidence of how the surprise goes down. And particularly if it's bad, I want to see. I know.
• 23:55
  I imagine. I don't think it will be, but I just think someone has got to film it and we've
• 24:00
  got to watch it. But have the best time. But if you're filming, isn't it obvious? If I like
• 24:05
  turn off, no, I know what needs to happen. Someone there needs to film. You need to get someone
• 24:09
  there to film on your behalf, you know, pretend they're on the phone or filming something or whatever.
• 24:14
  And you've got to be in comms with that person. So you're like, be there in 10 and then they're on hand.
• 24:19
  Not you. You turn out with a camera. Don't you feel pressure? I feel so much pressure from
• 24:24
  surprises. That's why I like avoiding them. Same. Like as I imagine if you did, and they're like,
• 24:29
  ah, it's cool. Or they're just like a bit like, oh, I actually, yeah, didn't want you here.
• 24:35
  No, my brother-in-law is always like, your family is so weird how you and your sister just love
• 24:40
  surprises. Like, we're always like, Toshita, you know, instead of, instead of giving dead his
• 24:45
  present, why don't we surprise them with it? And it's like, oh, do you like being surprised?
• 24:53
  Ah, not really. I was like, surprise, I'm coming to space. Yeah, yeah, yeah. Like, no, no,
• 25:00
  no, I do. I don't know. I just, yeah, I love them. I love the presents.
• 25:05
  Oh, you're so funny. Okay, I had the best time. Thanks for doing the curfew. Okay.
• 25:08
  Okay. Thanks for talking after me, sir. Bye. Oh, you're sending me instructions. So if you're still alive
• 25:12
  on Monday, okay? Bye, I love you. Thank you so much for listening to the Curve Weekly.
• 25:16
  Make sure you hit the subscribe button to stay up to date with all the many business stock market
• 25:20
  news. And if you like what you heard, we would love a review. Thank you. Yes. We would love a
• 25:25
  review. But if you don't hate it, please, yeah, don't leave one if you hate it. No, but
• 25:30
  in all seriousness, could you please leave a review? Because it really helps other people find
• 25:33
  our cute little podcast. And we hope you have a good week and see you next Monday. Bye. Bye.
• 25:39
  So yeah, see you next Tuesday. Well, see you next Tuesday. I mean Monday.