Category: Things I am watching

MORE LIC SUPPLY AND MARKET SENTIMENT COMMENTS, NEWS ON SOME HOLDINGS, FX UPDATE, DOMINOS PIZZA.

In my last blog update I shared my concerns about the number of new LICs that have come to the market of late. Not long after this I read another story to add to the supply picture.

Continue reading “MORE LIC SUPPLY AND MARKET SENTIMENT COMMENTS, NEWS ON SOME HOLDINGS, FX UPDATE, DOMINOS PIZZA.”

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SSM, TTS, UOS & Currencies.

SSM – I took some profits on half my holding around 79 cents in the middle of the year after being in the stock since the previous year when it traded in the 20s. I didn’t have a strong view after those large gains whether the stock was particularly cheap or not. Continue reading “SSM, TTS, UOS & Currencies.”

COMMENTS ON CLT, APW, AIK, GDXJ:US, RMS

CELLNET (CLT)

I first made comment about CLT for the share idea website back in March this year.

https://shareidea.com.au/idea/20160311/clt-cellnet-group-ltd

The stock was trading at 18 cents at the time and has since paid a 1.25 cent divided. Last week it received a proportional (83%) takeover offer at 28 cents. Continue reading “COMMENTS ON CLT, APW, AIK, GDXJ:US, RMS”

FOLLOWING THE BEST INVESTORS & WHICH GLOBAL MARKETS OFFER MORE VALUE?

I have made a guest post on a website I only recently came across, but now see it as being a useful tool for many investors. My article here touches on points I probably have already made on the blog but thought I shall share the link here anyway.

http://www.etfwatch.com.au/blog/following-the-best-investors–small-market-inefficiencies-in-lics

Continue reading “FOLLOWING THE BEST INVESTORS & WHICH GLOBAL MARKETS OFFER MORE VALUE?”

Various recent portfolio changes

I would have to admit I am quite staggered by the moves we have seen since Brexit. I am not surprised that the market found some support given the initial panic, but to post new highs so quickly together with highs in bonds and in the gold price was a shock to me. Continue reading “Various recent portfolio changes”

A one-off update for a while I hope!

Whilst I didn’t think I would add to the blog until nearly August, given what is occurring I still wish to add briefly if I am making any trades. I didn’t see all that many other blogs operating along those lines so I at least want to keep the flow and transparency going even if I am taking a break from writing too much here. Continue reading “A one-off update for a while I hope!”

shorter term trading update

Not a great deal on my radar screen as it’s been a fairly quiet week or two, probably just the sharp fall last week in the AUD is on my mind.

In an ideal world it may claw back to 75 or so and at the same time some discounts open up in some offshore LICs so I can be underweight the AUD again. HHV, TGG, GVF and a closed end fund in the US are ones that I will monitor.

Not much to write about from the shorter term derivatives trades. A profit was made in the AUD short that I took too early. I’d prefer to short again on any bounce but not sure we can get to those recent highs of above 78 for the following reasons. Since I shorted last time at 77.40 note that we have seen a much lower iron ore price, far lower than expected CPI print, an RBA cut, and a much more dovish sounding RBA. The speculative position reports I noticed had a bit of a wash out of some of the AUD longs but I feel more could occur.The U.S. equity indices shorts are about at the same level I entered but at least the long coffee trade started well. I moved the stop up to 1500 now that it looks to have broken up into a new range, the downside is fairly small now if this doesn’t work out. Currently the price is up 5%.