AFF Member Stock Discussion

burmans said:
Wouldn’t be the first time an economist is wrong!
Click to expand...
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.
 
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.
 
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.
 
cove said:
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.
Click to expand...
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.
 
tgh said:
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..
Click to expand...
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.
 
drron said:
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.
Click to expand...
This particular company hasn't been around for very long, but the management knows their stuff and they are exploring country that gave up a lot of gold in the 1800's (old mine sites everywhere) but it has been extremely underexplored ever since - certainly not with modern sensing techniques and drill programs etc.
 
We sent the form in for Ophir’s Global Opportunity Fund yesterday.
Ophir’s report OPH listed their 30th June holdings today and their report was good.
 
Have an invite to a call on Latitude Financial tomorrow. They seem to be in better shape than when they were listing which was at the start of this thread.
Is it an unearthed gem now?
 
Yes @Mr_Orange I am aware of the history and have viewed them as fringe financial dwellers. Their recent report was an improvement.
If only we had shorted it……..
 

Become an AFF member!

Join Australian Frequent Flyer (AFF) for free and unlock insider tips, exclusive deals, and global meetups with 65,000+ frequent flyers.

AFF members can also access our Frequent Flyer Training courses, and upgrade to Fast-track your way to expert traveller status and unlock even more exclusive discounts!

AFF forum abbreviations

Wondering about Y, J or any of the other abbreviations used on our forum?

Check out our guide to common AFF acronyms & abbreviations.

Recent Posts

Currently Active Users

... and 9 more.
Total: 4,712 (members: 59, guests: 4,653)
Back
Top