AFF Member Stock Discussion

[Dr Ralph]

Just received this wine offer connected to my share holding in AVG. Pretty pathetic.

 

[drron]

I am having a run of luck recently with timing. Two of my buys up 40% in 1 day for 1 and the other 1 week. yesterday sold a quarter of my ARR at 0.805. Today they are 0.645. Rest now free carried.
But things come in 3's so not going to push it any further.

 

[cove]

First day home and I took up Eagers Automotive issue at $21.

 

[Mr_Orange]

First day home and I took up Eagers Automotive issue at $21.

$21!!!!!!!!!! That's a massive discount to the current price. It hasn't been that low since mid-August.

 

[cove]

Yes the Eagers offer is a one for twelve plus extras at $21. We bought APE and they went up a lot from $10.17 including brokerage. We have applied for more than three thousand shares today.
Meanwhile Lucapa Diamonds went bust and the wind up merchants are getting the net assets for the shareholders to zero.
I never did liquidations when I was in the accounting practice.

 

[cove]

Tonight gold has tumbled 5% according to the Wall Street journal.
The company that we are consultants with had a very good report that I read on seeking alpha so their shares jumped. on the NYSE.
In the US we noticed a surge in Waymo driverless cars carrying passengers around Los Angeles in modified Jaguar SUVS. Those vehicles are not approved to go to the airport nor on freeways so far.

 

[Mr_Orange]

Tonight gold has tumbled 5% according to the Wall Street journal.

Yep, it appears that gold is definitely down according to the 11.5% drop in one of my holdings.

 

[drron]

Just had a call from Sharewise who thought it wise that I spend $1850 a year having them as my broker. Obviously CHO as he hung up on me. He said he had a new gold investment that will rise 30% in the next month just like our best investment Black cat. To which i replied i saw the gold price this morning and as well BC8 rates about 12th in my list of % profit.

 

[prozac]

Bought NNL (Northern Star Resources Ltd) @$2.29 this morning on the back of the gold drop.

Edit: ... bought NST Northern Star Resources Ltd

 

[Dr Ralph]

Bought NNL (Northern Star Resources Ltd) @$2.29 this morning on the back of the gold drop.

Something doesn't seem right here:

NNL = Nordic Resources [$0.24 a share]

NST = Northern Star Resources Ltd [$23.50 a share]?

 

[prozac]

Something doesn't seem right here:

NNL = Nordic Resources [$0.24 a share]

NST = Northern Star Resources Ltd [$23.50 a share]?

You're absolutely correct. I am also looking at Nordic for a speccie. Not thinking well atm.
So this morning I bought NST Northern Star Resources Ltd at $23.29-23-31 ( just paid market). Low this morning was $22.94; would've been nice. Now around $22.50

 

[drron]

I bought a couple of stocks I had been looking at at prices hat were more reasonable.
Thank goodness i was selling some of my gold shares over the last month. Most are now free carried.

 

[cove]

Had a read of Energy Action’s Annual Report which is EAX tonight. Yes it is a recovering tiddler that is now running much better.
The top 20 shareholders own 89% of the company that has tax losses and franking credits. Sitting on a PE of about 10.
Problem of this is there are too few sellers as the current management now have the business making great progress.
When we invested in the early recovery a director said he wanted EAX to be our most successful investment.
Hoping to attend Reece AGM in Melbourne next month.That one is REH.