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Australian Stock Market
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RatInTheWoods Offline
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Post: #76
RE: Australian Stock Market
(12-10-2018 05:13 AM)Australia Sucks Wrote:  1) Credit Corp Group (ASX code: CCP). Today's closing share price $18.40 which i have mentioned in another thread already. Australia's largest debt collection company. Today's closing share price was $18.40. I

I put bid in for $20K on CCP for $18.41 just now.
12-10-2018 06:11 PM
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RatInTheWoods Offline
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Post: #77
RE: Australian Stock Market
Whole portfolio down 18% for the last year, not good news, but I mostly in banks so hoping for a spring back.

What do you think of TOE AS? I got a lazy 20K on Uranium going gangbusters in the next five years... Maybe I should have gone for lithium?
12-10-2018 06:13 PM
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RatInTheWoods Offline
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Post: #78
RE: Australian Stock Market
(12-10-2018 06:11 PM)RatInTheWoods Wrote:  
(12-10-2018 05:13 AM)Australia Sucks Wrote:  1) Credit Corp Group (ASX code: CCP). Today's closing share price $18.40 which i have mentioned in another thread already. Australia's largest debt collection company. Today's closing share price was $18.40. I

I put bid in for $20K on CCP for $18.41 just now.

This is a good shift away from banks and mining for my portfolio.
12-10-2018 06:14 PM
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Mig Picante Offline
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Post: #79
RE: Australian Stock Market
Another one I like is National Storage (NSR).

it's expanded by acquiring sites, keeps raising the dividend and I don't think the trailing indicators have caught up yet.
I see institutional holders (CBA) increasing their positions in recent announcements.
There should be a dividend announcement by the end of this week and I think the share price will keep rising.
Good for income or to put on DRP and forget about for a while.
12-10-2018 06:35 PM
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Australia Sucks Offline
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Post: #80
RE: Australian Stock Market
RatInTheWoods in regards to TOE I had a brief look at it, but basically due to my limited understanding of resources companies I must put in the too hard basket. I do not have a strong view on Uranium prices nor a view on how well the company will be managed going forward. If we were talking about resource stocks such as BHP Billiton, Rio Tinto or Woodside petroleum I might have some kind of very basic view/outlook for how things might unfold but for a company like TOE I have absolutely zero idea.

Another stock worth looking at is the listed investment company Long Short Fund (ASX Code: LSF)
. The team behind it have a good long-term track record but there investment portfolio has been out of favour in markets recently which meant that the listed investment company has performed badly since listing not long ago. I would potentially consider buying if the share price falls another 5 or 10 cents (its currently at $1.33 and trading at a discount to NTA).

Reversion to the mean over next few years will likely see them generate strong out-performance. What I mean specifically if the valuation gap between expensive high growth stocks (e.g. the big Tech names, etc) and the rest of the market (which is at an extreme level currently) will narrow towards a more historically normal level I expect their portfolio will outperform. Why would such a thing happen?

Reason 1 is that mean reversion is a powerful force in the long term. Reason 2 is that many of the very high growth companies are overvalued while many other lower growth companies are undervalued. Reason 3 is that rising interest rates negatively impact stocks on high p.e. ratios more than the rest of the market because a larger percentage of the valuation of such companies is comprised of earnings a long way in top the future and hence mathematically a rising discount/interest rate affects their value more. Reason 4 the global (and U.S.) growth outlook is slowing and when that occurs the highest growth companies often will get hit harder, because when you have a stock on a high p.e. ratio and and it misses earnings expectations, typically it will fall a lot harder than if a low p.e. stock under delivers because a higher percentage of the high growth company's valuation is attributed to the growth factor.
(This post was last modified: 12-11-2018 04:25 AM by Australia Sucks.)
12-11-2018 04:14 AM
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RatInTheWoods
RatInTheWoods Offline
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Post: #81
RE: Australian Stock Market
AS well done you just made me $800 on CCP

But I ain't sold out yet, holding in for a bigger gain Smile

It's the only green in my port which is down 15% last six months (mostly banks though, so dividends still good)
01-08-2019 10:03 PM
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Blue Streak Offline
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Post: #82
RE: Australian Stock Market
(12-10-2018 06:35 PM)Mig Picante Wrote:  Another one I like is National Storage (NSR).

it's expanded by acquiring sites, keeps raising the dividend and I don't think the trailing indicators have caught up yet.
I see institutional holders (CBA) increasing their positions in recent announcements.
There should be a dividend announcement by the end of this week and I think the share price will keep rising.
Good for income or to put on DRP and forget about for a while.

I've seen this one recommended by a couple of different places so have decided to take a punt.

One company I'm interested in but haven't seen many talk about is Bravura Solutions (BVS). They've performed strongly over the past couple of years. Their software for superannuation providers is market leading and superannuation is only going to grow over time.
01-15-2019 06:15 AM
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RatInTheWoods Offline
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Post: #83
RE: Australian Stock Market
Well I owe AS more than a beer after I sold out of CCP having made $3200 in a few months.

Thanks mate! Cheers.

Any more tips?

I am looking at ANZ bank, which I really think will recover that 10-15% in the next 12 months after the bank witch hunt dies down... What you think? (the dividends are good too)
02-05-2019 08:12 PM
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BB1 Offline
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Post: #84
RE: Australian Stock Market
(06-06-2017 05:23 PM)BB1 Wrote:  Out of the companies you have mentioned I own A2 Milk, Xero, and Pioneer Credit.

A quick check-in of my Ozzie stock gains since I disclosed owning these 3 in June 2017. During that period the ASX index is up 7.3%

A2 Milk is up 182%

Xero is up 86%

Pioneer Credit is up 40% (including dividends)

Will probably sell Pioneer next week and redeploy into Xero or one of the hyper growth US SaaS companies I have disclosed on US market thread.
02-09-2019 05:47 PM
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Mig Picante Offline
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Post: #85
RE: Australian Stock Market
Well done Australia Sucks and RatInTheWoods on CCP.

Any thoughts on Coles? Thinking about buying a parcel before results are released next week for a long term hold.
Consumer staples will be fine in a recession and expected labor government.
02-11-2019 08:47 AM
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RatInTheWoods Offline
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Post: #86
RE: Australian Stock Market
Better PM AS on that, I am not guru.

I am thinking about the banks (ANZ NAB) now as they 10% down after the royal commision and bad press, but I think they will recover and their dividends are solid anyway.

Could be a great 10% return in 6-12 months, plus 4% franked dividend.
02-11-2019 03:54 PM
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Mig Picante Offline
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Post: #87
RE: Australian Stock Market
Well the Coles results were crap, glad I didn't buy!
NSR doing well and looking forward to their results next week, hoping for a good one after the expansions.

NAB is an interesting one, with CEO and chairman stepping down I'm not sure it's a good idea.

I'm looking to buy ~$5k more shares but haven't located a decent investment just yet. I still like CCP but should have bought them around $18
02-19-2019 08:54 AM
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Post: #88
RE: Australian Stock Market
Anyone been keeping an eye on Galaxy resources? I’ve seen these go from 1.75 to $4.50 and now back around the $2.00 mark. One of the most heavily shorted stocks on the ASX despite having significant cash holdings, producing top grade lithium and soon to have the lowest cost of production.
02-21-2019 02:33 AM
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Australia Sucks Offline
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Post: #89
RE: Australian Stock Market
Sorry I have not been active on the thread guys. I have been on vacation in Chile the last few months (by the way great country for investment/business). I will still be here for a few more days in Chile.

For anybody who owns Credit Corp (ASX vide: CCP) it’s over $23 (AUD) per share now. If you have a long term outlook you should be holding (but not buying) at these levels. If you have a short term outlook you should be selling to bank profits.

Stay away from Coles. In the long run Aldi, Costco, Lidl and Amazon will eat their lunch.

Galaxy Resources I cannot really comment on that one.

I would stay away from banks for now. Falling house prices is never good for the banking sector and the valuations/prices are not yet low enough considering all the bad news on the horozin.
(This post was last modified: 03-20-2019 04:39 AM by Australia Sucks.)
03-20-2019 04:35 AM
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Australia Sucks Offline
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Post: #90
RE: Australian Stock Market
Platinum Asset Management (ASX code: PTM) looks like a buy. The share price dropped over 11% to $4.89 just now because the founder Kerr Neilson sold a few hundred million dollars of shares (he still owns over 40% of the company) and still has over $1 billion AUD invested in the stock, plus it’s not like there is a synchronised barrage of director selling so I would not read too much into it as there could be a lot of legitimate reasons why he sold.

Well done on your Australian stock picks BB1 you have been killing it!! I should probably have this thread over to you. Any other Aussie stocks you are looking at right now?
(This post was last modified: 03-20-2019 04:52 AM by Australia Sucks.)
03-20-2019 04:50 AM
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