Seems like we have quite a few aussies on the board, so why not a thread for discussing particular stocks, strategies, funds, whatever. Top blokes and dud rands welcome, learn something, lose something and hopefully make something as well
To start off, EPD. Tanked on Friday due to panic stemming from some funny behaviour of the management, but there looks to be a potential for a short term gain. So, falling knife or basketball?
NZ fag here, investing in NZ/AUS is like investing in a barren wasteland, theres nothing of value here lmao
AJX is my largest holding, even though the share price hasn't done much over the last few months the team has been kicking a ton of goals. Hoping their success translates into a rerate by march though as it is a bit disheartening seeing the price move sideways for 6 months.
No not yet, but you can register and line up once they release Robinhood Beta for AUS.
I hold PLS - lithium miner. Looking strong, no debt at the moment compare to GXY, and holds one of the worlds high grade hard rock lithium.
Asb securities are 30/0.3percent.
But still even if it looks 'expensive' it doesnt even matter, trading 1000 dollars would only have a brokerage rate of 33 dollars, who even cares
same here, except at around 6k.
as of now its the waiting game, we gotta see how oceania will be affected from china/u.s downfall, were expected to decline too.
for aus/nz its pretty weird cause we basically produce nothing [exception for dairy for nz] so my go-to would be index ETF funds and just BUYING LE DIP
just trying to figure out where the 'dip' is
>I hold PLS - lithium miner. Looking strong, no debt at the moment compare to GXY, and holds one of the worlds high grade hard rock lithium.
PLS is still a virtual, Pilangoora isn't going to hit production until earliest 2017. You missed out on GXY as it seems, they have no debt since September 2015, with refinancing through the JV with GMM in Mt Cattlin, they are starting production in April, already shipping to Mitsubishi. Still a value play however, until at least April 2016 when it hits the media.
PLS is still an interesting one to go long, however I'll let it a year time to see how the market will perform. GXY is the first junior producer (with ORE) to enter the market going against the Big 5, they are entering strong with a high demand on their product and on a historical price height.
In the event of a mortgage default crisis, do people think the government would be more likely to bail OUT the banks by raiding people's superannuation, or bail IN the bank by taking a percentage of depositors' funds?
You referring to A2M?
Slaters? I can't say I'm enthused about a business that racks massive WIP and then relies upon it to turn into actual dollars when they are adopting no-win no-fee policies. Particularly as it seems like this is a highly policed area in light of Keddies and the like causing issues. Might make some short term money, but I'd be surprised if it bounces to highs that were previously achieved. If it had American holdings, where you can go bananas on no-win no-fee, percentage cuts of judgments and the ability to obtain massive punitive damages I'd be interested, but not in Australia.
Same. Got in at 20 cents and thought when it hit $1.10 we were ready for lift off, but it's not done much since then.
Needs to start showing solid revenue i guess, since all the hype is over after getting the DoD contract.
>Got in at 20 cents
I wish i was you I got in that early I'm at 60c. I went to the AGM in nov, the CEO Nick is such a cool guy, makes me confident in my investment after talking to him
Thanks for the info I'll check them out. Yeah I'm holding onto PLS so it be an intresting future.
What do you think of ADV? They secure a lithuim project in Canada (they also mine graphite). At the moment they sitting at 1.9 cents, but due to their geological location would they have adventage over the lithium players in Australia?
That's if they can secure some MOU with US companies for their lithium and they don't have to pay much for the transport of lithium. Since Australia we're by ourselves so we have to ship them and shippings are costly I'm guessing.
the australian market is just too unpredictable at the moment for my taste, I only hold US stocks right now
I'm also bullish on the USD so want to transfer money over there sooner rather than later