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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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RatInTheWoods
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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