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1ronnie

21,856 Posts.

2034

24/10/18

10:44

Post #: 36237453

Originally posted by 1ronnie ↑

I think a confluence of factors - Dow could easily go on the skids again with volatility, big US names announcing results, geopolitical uncertainty (Middle East and implication for higher oil prices to derail world economy), rates expected to rise further, ongoing trade tensions with China, Italy and Brexit impasse, local hung parliament adds uncertainty especially in relation to policy implementation & certain prospect of incoming Labour Government next year with potentially less business friendly policies, the ongoing imbroglio surrounding the financial sector and of course traditionally October being the voodoo month everyone fears as major crashes happen this month. Noticeably, ASX displayed less correlation to Dow and Shanghai indices following the Wentworth defeat (..no, I am not a Liberal supporter)>

All in all, being ahead of the curve is important. Most of covered stocks were disposed a week or two before the onset of the fall and some even during the fall,..and now back to slow accumulation phase. Certainly some were added on too soon e.g APX and PPS. If the worse happens, can confidently say that the $ returns wont turn into negative because of previous locked in profits.

Expand

Some level of skittishness around BIT this morning- 4C only revealed that management has been prudent in their cashflows and there was nothing alarming. Perhaps its people unloading their shares due to overexposure. This type of stocks are essentially lottery type- baggers- but not one, as I had mentioned, to put lots of money in. Yes, should have done what I did with 4DS to close position to lock in profits earlier but after the trial success, IMO I believe we should wait for commercial outcomes and think this one is worth more , much more .

Column 1 Column 2 Column 3 Column 4 Column 5

0 COVERAGE DATE STOCKS PRICE ON COVERAGE DATE PRICE @OPEN GAIN%

1 23/10 MYE $ 1.180 $ 1.320 11.9%

2 22/10 OEC $ 0.600 $ 0.560 -6.7%

3 18/10 CSL $ 190.810 $ 181.500 -4.9%

4 17/10 OPT $ 0.600 $ 0.585 -2.5%

5 15/10 PPS $ 0.915 $ 0.875 -4.4%

6 15/10 SVA $ 0.033 $ 0.039 18.2%

7 15/10 APX $ 12.010 $ 10.860 -9.6%

8 15/10 PME $ 9.990 $ 9.960 -0.3%

9 11/10-close PPS $ 0.925 $ 0.970 4.9%

10 11/10-close BBUS $ 4.750 $ 4.810 1.3%

11 3/10 BIT $ 0.140 $ 0.190 35.7%

12 26/9-close CXL $ 0.735 $ 0.800 8.8%

13 20/9-close 4DS $ 0.064 $ 0.066 3.1%

14 3/9 NST $ 8.140 $ 9.415 15.7%

15 29/8-close SVA $ 0.037 $ 0.035 -5.4%

16 20/8-close NGI $ 5.810 $ 5.160 -11.2%

17 8/8-close SFC $ 15.050 $ 16.470 9.4%

18 6/8-close CGL $ 7.080 $ 7.930 12.0%

19 31/7-close MYE $ 1.180 $ 1.435 21.6%

20 30/7-close MP1 $ 4.370 $ 3.990 -8.7%

21 26/7-close SKF $ 0.150 $ 0.200 33.3%

22 24/7-close ZEN $ 1.060 $ 0.785 -25.9%

23 23/7-close CXL $ 0.630 $ 0.830 31.7%

24 17/7 COE $ 0.445 $ 0.465 4.5%

25 13/7-close SHL $ 26.500 $ 25.360 -4.3%

26 29/6 BYE $ 0.340 $ 0.270 -20.6%

27 28/6-close ATC $ 0.195 $ 0.140 -28.2%

28 18/6-close A2M $ 10.780 $ 11.490 6.6%

29 18/6-close CGC $ 8.750 $ 7.240 -17.3%

30 14/6-close NZK $ 2.240 $ 2.480 10.7%

31 4/6-close BUB $ 0.830 $ 0.625 -24.7%

32 15/5-close SW1 $ 0.410 $ 0.380 -7.3%

33 14/5-close RHC $ 65.420 $ 55.250 -15.5%

34 9/5-close FYI $ 0.145 $ 0.115 -20.7%

35 3/5-close 4DS $ 0.057 $ 0.100 75.4%

36 2/5-close PME $ 8.150 $ 10.860 33.3%

37 1/5-close TTT $ 1.540 $ 1.525 -1.0%

38 30/4-close CTD $ 24.880 $ 33.540 34.8%

39 18/4-close CLV $ 1.030 $ 1.575 52.9%

40 18/4-close VIV $ 0.054 $ 0.043 -20.4%

41 11/4-close APX $ 8.820 $ 15.010 70.2%

42 11/4-close BHP $ 29.440 $ 32.385 10.0%

43 11/4-close PPS $ 0.595 $ 1.135 90.8%

44 11/4-close PTB $ 0.545 $ 0.625 14.7%

45 Return @ 9.51% assuming @ $1k even per stock

0 Great analysis

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