AFF Member Stock Discussion

[RSD]

Wouldn’t be the first time an economist is wrong!

Indeed - weren't pretty much all of them saying that the RBA was going to lower interest rates a couple of months ago - and the RBA didn't at that meeting. The U.S. Fed is similarly cautious - and probably has more reasons to be cautious given all the economic uncertainties over there.

 

[Dr Ralph]

I'm in for the TUAS SPP. Expect it to close early.

 

[cove]

Yes we did the TUA SPP this morning.
The market futures are up a lot so next week should be pretty good.

 

[Brissy1]

Wouldn’t be the first time an economist is wrong!

But I think Alan's doing ok financially!

 

[RSD]

One of the

Yes we did the TUA SPP this morning.
The market futures are up a lot so next week should be pretty good.

Having watched Powell's speech - I'm a little concerned that the markets might be hearing what they want to hear rather than what he said... https://www.cnbc.com/2025/08/22/wat...livers-key-policy-speech-at-jackson-hole.html

 

[cove]

Yes @RSD there will be a market correction but no one knows when.
It doesn’t look like it will happen in the next couple of days.
Meanwhile in the tiddler market I was happy with both Energy Action EAX and Acumentis ACU reports.
By releasing their reports we can consider trading those shares.
I am waiting to hear if the retiring chairman of Energy Action will want to sell some shares.
GYG shares tanked but we have not been convinced about the profitability of that business.Not sure if their shares will keep falling but I read some ordinary reviews of their current food offerings.

 

[Dr Ralph]

I'm on SLX today. Also planning on taking up the SPP.

 

[cove]

Can you explain the SLX idea. We are there and I was going to let this one go through to the keeper as the placement takers are already under water.

 

[Dr Ralph]

Can you explain the SLX idea. We are there and I was going to let this one go through to the keeper as the placement takers are already under water.

Essentially commercialisation of its proprietary SILEX (Separation of Isotopes by Laser EXcitation) laser-based enrichment technology. I'm not able to comment on the science involved.

The SPP price is underwater (just) but with the 2% discount you should come out similarly to the current ASX price.

I can see 10 to 20% rise in this in a short period of time.

I don't plan to be a long term holder.

 

[drron]

I would hold an investment in a Junior Gold explorer as a similar risk to taking the odds on the footy tonight..
I was burned comprehensively ( along with my broker) by a gold explorer many years back and will never revisit the genre..

I find it much easier today to rank junior miners and especially in gold..
Lots of places you can find their proven ore reserves and their financial status- at least being able to fund 2 or more years exploration and if sources of finance are available.
Then there are several resource conferences where it is easy to get free tickets so you can listen to their presentations and talk to their CEO, Chairman or geologist.
Not infallible but should get you a more than average chance of success.. Today my speculators portfolio has just exceeded my main portfolio. I initially allocated 10% of my capital there. Increase in Capital come with selling profitable trades. More recently more of my transfers to the SMSF CMT to fund pensions is coming from the speculators portfolio.

Great day today for resources. Most recent purchases are of ASX companies with projects in the USA, Canada or South America.