AFF Member Stock Discussion

[cove]

Yes @moa999 we were told that Virgin were very over subscribed so we thought we may get none. We won’t race to get more unless the issue gets heavily hit with early sellers.
Now yesterday that Vita Life Sciences jumped on almost no actual sales which is unusual. That is VLS.
Aspen Group SPP closed on 10th June where the issue was at $2.90 and the shares have gone up a lot. We are expecting a scale back for our 5 holdings in APZ.
Lower interest rates have been helping share prices of property companies so our CQE and CLW CharterHall shares have firmed up.

 

[Kerrodt]

The Virgin float is designed to be "oversubscribed" to create a flurry of (hopefully) positive activity on launch day. Bear in mind that all anyone is doing is giving their money to Bain. None is being retained for the use by the company itself.

 

[Dr Ralph]

I'm on ... NWH today.

Price now over $3. I'll cash out with a 10% profit after just 3 weeks.

 

[Quickstatus]

MVF CEO resigned tonight.

 

[Dr Ralph]

MVF CEO resigned tonight.

If you're referring to Michael Knaap this happened much earlier. Was announced to the market at 9.25am this morning

 

[Freq Flier 2013]

I’m surprised that the Israel / Iran attack didn’t move the market a lot.
Yes banks down and oil up, but overall the market was flat.

 

[CaptainCurtis]

I’m surprised that the Israel / Iran attack didn’t move the market a lot.
Yes banks down and oil up, but overall the market was flat.

It did today

 

[drron]

I don't see much movement now.
I think the market expected the Israeli attack. After all a while ago Israel took out Iran's Air Defence Systems. Only reason to do that would be planning air attacks.

 

[cove]

Today we are trying to double our holding in the Turaco placement today at 44 cents. The placement was being rushed according to my broker.

 

[cove]

Another day and we are bidding into the MEK placement at 15 cents.
Waiting to hear how we went with Turaco placement.

 

[ramamba]

GVF is also doing a placement today, they are a solid income focussed LIC if that's of interest

 

[cove]

GVF has a good track record based on on what I read. Who is doing the placement?

 

[ramamba]

@cove not sure on this occasion as we don't hold it anymore, but previously they always used Taylor Collison

 

[cove]

Yesterday the ATO accepted our capital gain workings from the sale of our business 21 months ago. Nice letter from the Deputy Commissioner that I should frame.
We did get some TCG and MEK in placements this week.
I gave up on Impedimed which was IPD.
Looking at CYC whether to sell.

 

[cove]

That is not us buying VLS shares. It is a pretty tight register so I am not surprised by the price moves.

 

[HS-TQE]

ASX:VGN (The company formerly known as VAH) has gone a little over $3 on its first day (back) on the ASX.

 

[Cossie]

Commbank! $187.11 at the moment.

I was left some Commbank shares when Dad died, passed to Mum, then when she died they were split between my sister and I.

My parents both took more shared instead of dividends, not us though. I always thought I would pass them on to nieces and nephew, but, I'll kick myself if they drop down again, I know I would be in for a huge CGT, and I must admit I wouldn't know how to go about selling them.

Sell now, pay the CGT and buy some again if they ever drop? We honestly don't need the money at the moment, but they can't keep going up like this, can they?

 

[burmans]

Commbank! $187.11 at the moment.

I was left some Commbank shares when Dad died, passed to Mum, then when she died they were split between my sister and I.

My parents both took more shared instead of dividends, not us though. I always thought I would pass them on to nieces and nephew, but, I'll kick myself if they drop down again, I know I would be in for a huge CGT, and I must admit I wouldn't know how to go about selling them.

Sell now, pay the CGT and buy some again if they ever drop? We honestly don't need the money at the moment, but they can't keep going up like this, can they?

I remember someone on this forum saying they couldn’t keep going up at about $115. Funnily enough they haven’t reminded us of that prediction!

I’ve certainly sold a few of mine recently and if they hit $200 will probably sell a lot more. But to date predictions of a share price drop have proven very premature!

 

[I love to travel]

I remember someone on this forum saying they couldn’t keep going up at about $115. Funnily enough they haven’t reminded us of that prediction!

I’ve certainly sold a few of mine recently and if they hit $200 will probably sell a lot more. But to date predictions of a share price drop have proven very premature!

The market is completely irrational at the moment. Bad news equals good news on the share market. Just insane

 

[cove]

I just decided to sell some more CBA shares. We have been messed around by a KYC issue with both CBA and Commsec.