CKA 1.15% 8.6¢ cokal limited

Ann: Update Company and BBM Project, page-467

  1. 12,049 Posts.
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    I am banking on Trump getting a good deal with China to save our bull market. Otherwise we are in for a rough time especially if Shorty gets into the Lodge.
    You may have a look at what a side tactic that I use. I have a lot of blue chip and not may spec stocks other than CKA, QHL and QUB. Other than that I buy and sell GEAR which is a geared etf over the ASX200. It is geared about 60% borrowed, so if market moves up 4%, I get 10%. I also get 2.5 times the dividend and 2.5 times the franking credits.
    So I buy and sell about 4 times a year (doing it since 2014). Never ever sold for a loss. I also have never picked the bottom or top of the market for selling.
    So last sell 8,000 @ $24 or so in Sept. Buy $18 November. And now about $23.8
    Last edited by ShareJagger: 20/04/19
 
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8.7¢ 42908 1
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