AFF Member Stock Discussion

[cove]

Wait patiently for a $12.50 entry price as they only pay about 65 cents in dividends a year. No need to pay too much for any toll road share.

 

[RSD]

Well @Mr_Orange We are less than a week away from our trip to the US. We have a Costco one block from the Cove and Macy’s and Ralph’s are my favourite retailers in California..

I'm a sucker for Cabela's - mainly because they sell trousers in short lengths as well as regular, and shirts & jumpers etc in long lengths for people like me who were assembled from a mishmash of parts.
Someone is using an algorithm on AUQ to keep accumulating - its interesting to watch the algorithm at work.

 

[cove]

Have four trading days before we take off. Have various share purchase offers to review .Today I caught up with paperwork.
Listened to a submission from Buru tonight.That is a $20 million valued business that really needs $20 million from a share purchase offering.
Strike’s SPP is currently out on price.
We haven’t made any real profits from oil and gas this decade.

 

[RSD]

Have four trading days before we take off. Have various share purchase offers to review .Today I caught up with paperwork.
Listened to a submission from Buru tonight.That is a $20 million valued business that really needs $20 million from a share purchase offering.
Strike’s SPP is currently out on price.
We haven’t made any real profits from oil and gas this decade.

Oil is a difficult game due to a factor that is somewhat unpredictable - OPEC. OPEC (read the Saudis) are happy for the oil price to be quite low at the moment as they try to once again mess with the U.S. shale oil producers - most shale fields aren't profitable with oil prices at sub-US$78 per barrel, and so with current prices for light crude grades at around US$62 for WTI and US$70 for Murban, the shale oil producers are really suffering, and conventional crude producers won't have smiles on their faces either. Typically though, when crude oil prices are low the refining margins are higher than normal so companies that both produce and refine will be still be OK, and companies that are purely refiners tend to do quite well - as long as they don't suffer an "unexpected outage" (i.e. a major fire in a refinery).

 

[Quickstatus]

We haven’t made any real profits from oil and gas this decade.

When will QPM install their gas generators?

 

[cove]

We have been trying to get another 2 million QPM at 3.1 cents and have less than 600,000 since September 5th.
They will announce when they have those units installed and operating.
Have bought some Webjet as their price became attractive.

 

[Quickstatus]

Webjet as their price became attractive.

Why do you think they are attractive?

 

[cove]

Webjet is close to a year low and their most recent guidance said they were heading for a record year. They may still drop a bit more based on the trend but we are happy to have some.

 

[Quickstatus]

Webjet is close to a year low

Sounds like WEB and not WJL? (There was a demerger a few years ago)

 

[cove]

Sounds like WEB and not WJL?

Yes it is WEB and not WJL.

 

[Mr_Orange]

Yes it is WEB and not WJL.

So WEB Travel Group, not Webjet Group Ltd.

 

[Quickstatus]

We have been trying to get another 2 million QPM at 3.1 cents and have less than 600,000 since September 5th.

Its a Mexican standoff....

 

[cove]

So many QPM shares getting crossed has us now at just over 800,000 sold to us. Mexican stand off with the race on to get the order done before their next announcement on gas processing.
Was able to get Web Travel shares we wanted so it was an ok day.

 

[Freq Flier 2013]

Mxt and related funds are having some temp bad news. Maybe a good entry point below NTA

 

[Dr Ralph]

Mxt and related funds are having some temp bad news. Maybe a good entry point below NTA

MXT curentlu subject to a Purchase Plan offer.

 

[Freq Flier 2013]

MXT curentlu subject to a Purchase Plan offer.

At $2 but now well below that.