Login Now to remove this and all advertisements (GOLD and SILVER members)
Not a member? Register Now for free

AFF Member Stock Discussion

odysseus

Established Member
Joined
Feb 16, 2009
Messages
1,255
Points
400
Not happy Jan.
Kogan proposal to enrich the founders needs to be blocked. Time to kick the Chairman out.

Their whole business has always been about enriching the founders. What's new?
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
Our Australian CocaColaAmatil and Link are both receiving takeover offers at the moment. We have Link LNK but no CCL.
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
Adore Beauty ABY was way overpriced and today sellers are scrambling for the exit. Never totally trust private equity sellers if you want to make profits.
 

MARTINE

Junior Member
Joined
Apr 6, 2018
Messages
31
Points
10
What are the group thoughts re APT ? It was one of my speculative plays...bought a lot for very little early on and have taken sequential (and substational) profits in last month as I think long term fundamentals aren’t there.. but happy to be proved wrong (and still left 20k worth in the pot)..
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
With APT and A2M we hold these shares using OPH as they are just too volatile for us. Ophir seem to work out when to buy and when to sell.
No one really ever missed out by taking a good profit.
Our biggest holdings have gone up a lot and working out when to sell is tricky.
 

Mr_Orange

Established Member
Joined
Jun 17, 2013
Messages
4,632
Points
695
What are the group thoughts re APT ? It was one of my speculative plays...bought a lot for very little early on and have taken sequential (and substational) profits in last month as I think long term fundamentals aren’t there.. but happy to be proved wrong (and still left 20k worth in the pot)..

I don't see a reason to sell APT at the moment. It has recorded new 52 week highs for the last 2 weeks. Since the March low, it has consistently recorded higher bottoms and higher tops - this tells you something about its future earnings.

Your thoughts on its long term fundamentals don't really matter, just trade the price action. Set yourself a suitable stop loss, stick to it and don't let your emotions get in the way.
 

moa999

Enthusiast
Joined
Jun 23, 2003
Messages
11,511
Solutions
1
Points
1,200
Seems to be a bit of a transition back to value at the moment with all the high P/E stocks dropping back
 
Now with contactless delivery, shop online to get drinks delivered to your door or pick up in-store in 30 minutes. Lowest Liquor Price Guarantee. Biggest Range.

Recommended by the Australian Frequent Flyer

I love to travel

Established Member
Joined
Jun 4, 2016
Messages
1,559
Solutions
1
Points
565
Qantas
Platinum
US futures were around 350 an hour ago for the Dow now below 200. Europe doing better tonight
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
If you read OPH profit report you can see what Ophir had in their portfolio at June 30th,2020. Their profit report was very good.
 

TheRealTMA

Senior Member
Joined
Jul 13, 2012
Messages
5,773
Solutions
1
Points
1,325
Qantas
Platinum
How much ABB allocation did people get? Nice 85c profit?
 

moa999

Enthusiast
Joined
Jun 23, 2003
Messages
11,511
Solutions
1
Points
1,200
How much ABB allocation did people get? Nice 85c profit?

Customer offer was 2000 shares only (the minimum) for 5000 people. That was obvious on the day of the customer offer with queue numbers over 9000 - was pointless applying for a higher number.
I sold out on Day 1 (missed the absolute peak but still ok)

From reading some other forums been a stuff-up with Link with very few people getting shares direct to broker account and most being issuer sponsored, and paperwork taking over a week to be sent out.
Seemingly much down to the individual not applying with exact match details to CHESS (middle name, St v Street etc)
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
Ok has anyone bought some ESRT which is the owner of the Empire State Building ?
The price of REITs in the US and also the UK have been trashed due to Covid.
SeekingAlpha is saying private equity funds have started buying into these real estate trusts with a long term view.
 

Mr_Orange

Established Member
Joined
Jun 17, 2013
Messages
4,632
Points
695
REITs worldwide have had a hard time. Does ESRT own anything else?

There isn't any sign of the bottom being in let alone what one might call a recovery so I wouldn't buy it at the moment.
 

cove

Enthusiast
Joined
Feb 15, 2008
Messages
13,977
Points
1,325
If history repeats itself some trashed REITs will recover dramatically but figuring out which is the hard part.
We have started looking as we would like to have some profits if we decide to retain overseas residences.
So far TRR is running ok with its London listing so we are up a chunk. That is a newish royalty trust named Trident Royalty.
 

Mr_Orange

Established Member
Joined
Jun 17, 2013
Messages
4,632
Points
695
If history repeats itself some trashed REITs will recover dramatically

There is no doubt about that and history is repeating itself.

but figuring out which is the hard part.

Well quite. Let the market tell you which ones to buy though. As it stands, ESRT is not one yet, IMO.
 
Last edited:

Community Statistics

Threads
86,600
Messages
2,099,913
Members
53,909
Latest member
Annie1153
Top