Month: August 2016

Reporting season begins – Nagacorp & Cellnet

I’d like to go into further details about all the individual companies I hold like other blogs when they release their profit numbers but logistically it’s hard for me to find the time. I will endeavour to at least write a few sentences in situations especially where a holding may have surprised either positively or negatively and note if I continue to hold, sell or maybe even accumulate more. Continue reading “Reporting season begins – Nagacorp & Cellnet”

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FRUSTRATED HOLDER OF APW (AIMS PROPERTY SECURITIES FUND)

Apologies as this probably turns into a rant because I am annoyed at not selling all of my holding in APW a bit over a year ago. As a bit of background I became involved with APW after they changed name and survived a resolution for a wind up, yet before they won a lawsuit giving the NTA and share price quite a nice kicker. Continue reading “FRUSTRATED HOLDER OF APW (AIMS PROPERTY SECURITIES FUND)”

ACTIVIST LIC’s

I wrote a couple of months back about an activist LIC in GVF was a good opportunity at the time with the discount to NTA over 10% and I note with interest already today the discount has closed completely. I think investors like the fact it gives them non AUD exposure, this has assisted their numbers greatly since listing. They also probably appreciate it offers a different investing style, it can have some comparison with 2 other LICs mentioned below. Continue reading “ACTIVIST LIC’s”

UPDATES ON RMS, NAM, KBC, MEL AND UNDERPERFORMING IN JULY.

RMS – RMS has been a hold all year on the blog from the low 20 cents area and recently halted the hot run in the share price it had to hit above 60 cents, by making a placement to institutions at 50 cents despite being cash rich and to the shock of most pundits.

Continue reading “UPDATES ON RMS, NAM, KBC, MEL AND UNDERPERFORMING IN JULY.”