AFF Member Stock Discussion

[Quickstatus]

Nice jump on TWE this morning

I had a sell order at 7.99
It didnt get there.
Then when I logged on it went down
...


Interesting vertically integrated company MGH (concrete, and road asphalting, own quarries)
floated 2020 at $2 now $4.
Undergiong rapid expansion via acquisition of similar companies and also some diversification into real estate dev.
Is it expanding too fast?

 

[cove]

Have sold some Codan which is CDA because $5 to $24 is too good to pass up.
I still think CBA and WES are still way too high for what they are doing but I haven’t sold WES just yet.

 

[Quickstatus]

Anyone interested in EDV (spun off from WoW)

 

[Mr_Orange]

Anyone interested in EDV (spun off from WoW)

It doesn't look that appealing at the moment.

 

[Quickstatus]

EDV's board being changed, chairman out and Hrdlicka taking over as CEO

 

[Mr_Orange]

EDV's board being changed, chairman out and Hrdlicka taking over as CEO

Oh, so having been an airline "expert", now she's a drinks "expert", eh?

 

[Quickstatus]

now she's a drinks "expert", eh?

or maybe a corporate expert?

 

[cove]

Anyone got Energy Action which is EAX? I believe they are going much better now. We have lots and they are thinly traded. Better people running it now does help a lot.

 

[cove]

EDV has been running roughly. No one running it has not helped. Plenty of potential there with such a large turnover but shareholders are unhappy..

 

[Quickstatus]

No one running it has not helped

Yes, Im thinking if....

Better people running it now...

 

[cove]

I am not allowed to deal in EAX or Acumentis which is ACU based on trading rules.In each case I have to wait for their report or update.

 

[Quickstatus]

I am not allowed to deal in EAX or

Are you allowed to tell us more?
How many quarters of positive cash flow? - edit: 4 quarters.

...

A friend also said get REH so I bought some this morning

 

[cove]

No I am not allowed to say more.
Reece opened in California recently.

 

[TheRealTMA]

Oh, so having been an airline "expert", now she's a drinks "expert", eh?

Noosa not impressed by her architecture expertise as I read.

 

[cove]

Moelis has a target of over $1.50 on Plenti which is PLT. Plenti really need to make some profits to justify that target. We have quite a few and I did call the company about making money. They have teamed up with NAB and the WA Government for some new business.

 

[Brissy1]

Noosa not impressed by her architecture expertise as I read.

Wot, residential area building height regulations apply to me too! Damn red tape!

(Add explain of relevance...CEO distractions?)

 

[Quickstatus]

At least it's better than an alcoholic running a pub and alcohol company

 

[Quickstatus]

I see some CBA investors are apopleptic with the slight fall in CBA price because the $10B profit was not enough to support an artificially high share price.

 

[cove]

There are way better priced companies than CBA. That bank refused to refund charges levied on disadvantaged customers so they saved about $600 million. Moving some functions offshore and using A1 instead of staff is happening.
Meanwhile Mrscove is very unhappy with BankWest which is now just a business name held by CBA. Fifty five years of loyalty has been destroyed.
CBA is around a price earnings of 26.

 

[Mr_Orange]

Meanwhile Mrscove is very unhappy with BankWest which is now just a business name held by CBA.

I hear you. I can't stand Bankwest after the absolutely junk update to their mobile app a few months ago and now their draconian data collection policies, which if you don't agree to, you get cut off from online and mobile banking. The so-called consent is actually coercion since they are online-only bank and there is no other way to manage your accounts. I have a complaint lodged with AFCA.

I sold an investment property yesterday so that mortgage is now closed off with BW. My remaining mortgage, current accounts and credit card are all getting closed just as soon as I can arrange to remortgage with another bank. I likely go back to HSBC unless another bank's rates are substantially lower.

I'll never use BW again!