volume, page-7

BBrad,
found it.......you can see by the length of it why I had to find it and not retype it......is this what you were after regarding the program or what I used in place of one.? cheer fs


10/04/08 18:58 (View) Back Post Reply
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fatstocks
Post #: 2747635
In Reply to msg: #2747436
IP: 124.148.xxx.xxx
Sentiment: ST Buy
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Hi Aberfan,
Thanks for the question.
I don't use a commercial research program. I generally review about 20 stocks a month. Where I see some tenements with potential I then check the last 4 or 5 years trading patterns, I look for news in the announcements during that time which will provide me with information that has upside. I then check out the company financials and shareholdings including top 20, options, share issues, directors and that shows me if the company has potential that might not yet have been articulated in the market ( usually due to the companies not having the skill set amongst their management team relating to marketing and promotion) to get an idea about the company competency and understanding of what they are actually doing as a company ( it's probably no surprise to many that a lot of companies just exist and don't really show any upside so I steer well clear). I usually phone the ceo or manager to see if they are responsive to my questions and if they have potential to take on board some suggestions ( which kev wills, in the case of Flinders, does).
This still doesn't mean I will invest in the company but it generally does if all the ducks line up. I also invest in options where they have a good chance of being in the money if the share price realises its potential. The most outstanding company I have so far identified with this sort of options value is Gondwana which many Flinders followers will have seen me write about on hc. Flinders options have been an outstanding investment and there is still some 5 months for the management team to deliver further value to shareholders with the exploration plans they have announced for the 882 tenement in the Pilbara where I expect there will be very substantially higher iron ore resource discovered after drilling results are reported. If Flinders follow the other iron ore emerging companies they will undertake some rock chip sampling and announce these results as part of their pre drilling exploration. This, if like many other companies iron ore announcements, should send the share price back to where it should be in the 15c vicinity and the options will follow back up if history tells us anything.
I must say though that despite all the research, and after an entry into the share registry of the company, some still fail to deliver on their upside, usually because, in the case of mining companies who are explorers, they don't act on the information they have and/ or they don't fully realise the potential of their tenements ( eg, flinders dela with fmg could have been so much better. In the case of Gondwana, getting information about the many tenements and joint ventures they have has been like pulling teeth. They have just started to release more info along the lines of what I have suggested several months ago but there is still a lot they haven't so far. They are a bit spooked I think by the relative notoriety they have experienced in the last 3 or 4 months with regular appearances in the top 10 asx volumes and the indepth discussions on hc in both the positive and negative. Flinders has done likewise but Kevin Wills has risen to the challenge of providing market updates and investor presentations to allow the market to support the company as the volumes and share price reveal.
In response to your question, "what are the research programs I use and are they easy to access", the answer is there is no program other than many hours of research and the only way to access it is to use the advanced search link in the left hand side of the symbol search that hot copper provides and search "fatstocks" in the "search type", and put in jan 07 through till now and click on the relevant stock I have posted on to see the info and thoughts I have posted on research I have done on a particular stock like FDL or GDA.
My three selections at the moment are FDL, GDA and CUO ( or MXX, which is a cheaper entry at current prices than cuo as part of the merger).
I steer clear of margin loans and cfd's as they do not meet my risk profile and I have a line of credit which pays for itself and is safer than the two afore mentioned means of funding my investments.
I have been following the australian share market since about 1969 and have learnt a lot in that time about my risk profile and investment strategies.
A bit long winded but I hope that helps, cheers Fatstocks.
Cheers Fatstocks,
[email protected]
Before acting on any of the information you read and making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts. These comments are for discussion purposes only and are not advice or recommendations. Comments may have typos and spell check is not used. Declaration: I have interests in Flinders Mines,GondwanaResources, MaximusResources, Copperco and Mineral Securities.