AFF Member Stock Discussion

[cove]

There are good volumes of shares traded in ABB. That is helpful if you are thinking short term.

 

[cove]

Decided to buy some more Firebird FRB manganese explorer shares this morning. It is a tiddler.

 

[MARTINE]

TCL has an SPP coming?

Excellent
TCL has been a keeper for me
hopefully they’ll continue to build all future roads in North America
Put last holiday refund into FMG

 

[cove]

The risk of buying tiddlers is the company can wade into the market and raise new funds with a placement at a lower price than you paid. You can try to be considered by calling the company. We will do that with Firebird.
We were missed by VEEM but we can take up two share purchase plans if we want seeing we have two different named holdings.

 

[cove]

Pepper which is PPM has just had Macquarie put a $3.25 target on them. Because we averaged down we are ok despite taking up the issue.
Thinking about Z2U as we took some @ 20 cents and they went up a lot.
Tonight we have 20% of Z2U left as the new issue went to a very high price.
We bought Resimac today.

 

[cove]

Just under 12 years ago we bought shares in an unlisted company. This company has struggled and now has declared a maiden dividend. Overnight success…..NOT.
Now that we are older or as our sons would say ancient we will try hard to avoid investing in unlisted companies….
We invested in a couple of Sydney hotel syndicates and the current pandemic has pretty much iced the income seeing Sydney is pretty much locked up. Naturally we are hoping we don’t need to wait 11 years for these two.
So far we had to put more funds into one of the hotel syndicates and the other one is going ok.

 

[Dr Ralph]

Getting closer by the day for Transurban which is TCL for a proposed SPP.

Yep. Just announced.

1 for 9 entilement offer at $13 a share.

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02423271-5PI2HF5VHGFL6NGV7D32C178LK/pdf?access_token=0007XHqbcDNiiUtqG7kXE0yYJhx2

Transurban insists its road tolls are fair

Commuters and regulators raise questions about Transurban’s dominance of Australia’s motorways, after its $11 billion deal to fully own WestConnex.

www.afr.com

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02423269-47SIKO2UA5RMJNM2K7QSACI2KM/pdf?access_token=0007XHqbcDNiiUtqG7kXE0yYJhx2

 

[moa999]

Transurban
Of that, $3.97 billion will be through a 1 for 9 entitlement offer to eligible shareholders at a price of $13 — an 8.3 per cent discount to its closing price of $14.18 on Friday

 

[cove]

Most of us have some Transurban shares we would think and we all think about selling some bur rarely do that.
Probably one of the most kept shares on the ASX.

 

[MARTINE]

TCL - good news reSPP.
My parents always taught us to invest in what people always need and for which competitors are few.
Once my daughter graduated uni - I bought her a nice parcel of TCL and CSL.
Bright news in otherwise dull lockdown

 

[cove]

Just missed FMG Fortescue at the close by 10 cents. Not really worried about that tonight.
Received TVL allocation in the IPO from Bell @40 cents.
Put our Healthia bid in too late so missed that placement today @ $1.80.
@MARTINE we never bought CSL….my BAD….
Back into the office tomorrow and have a Strata Meeting tonight out at Scarborough Beach. There is never a meeting of the minds as there are 157 units.

 

[cove]

Bell Potter just sent me the meeting recordings for more than 40 companies that presented at their most recent conference. Not sure if you all get this data.

 

[tgh]

you all get this data..
I got the email too…..getting it is easy enough ( we have been with bp longer than they have been bp ) ..
Having the motivation and interest to trawl through it all…….is something else….
I have sat through a lot of Peter Quinton spiels …..

 

[Mr_Orange]

Bell Potter just sent me the meeting recordings for more than 40 companies that presented at their most recent conference. Not sure if you all get this data.

I don't get it and I don't have the slightest interest in any of it. Not really much point in wading through 40 sales pitches when you can just read a chart.

 

[cove]

I listened to the City Chic spiel.

 

[MARTINE]

Hi AFF group
Speculative Q ?
…where you you put 10k outside the usual ASX behemoths ? Looking for an up and comer, little known,penny dreadful ?other - you get the picture. ….
non Binding - just interested

 

[Mr_Orange]

Hi AFF group
Speculative Q ?
…where you you put 10k outside the usual ASX behemoths ? Looking for an up and comer, little known,penny dreadful ?other - you get the picture. ….
non Binding - just interested

Not sure if you class NSR as a behemoth but it's also not really an up and comer either, but that would be one suggestion.

 

[MARTINE]

Not sure if you class NSR as a behemoth but it's also not really an up and comer either, but that would be one suggestion.

Tx

 

[MooTime]

Hi AFF group
Speculative Q ?
…where you you put 10k outside the usual ASX behemoths ? Looking for an up and comer, little known,penny dreadful ?other - you get the picture. ….
non Binding - just interested

WOA my up n coming stock. (not quite penny stock, but loss making although with close to ~$5M revenue p/a atm etc)
In the plant based meat Lupin game.

Good question to ask here.

 

[MARTINE]

WOA my up n coming stock. (not quite penny stock, but loss making although with close to ~$5M revenue p/a atm etc)
In the plant based meat Lupin game.

Good question to ask here.

Thankyou
I am making a list and then plan to research
… another lockdown project.