AFF Member Stock Discussion

[SYD]

And Tesla is back to what it was before the October election.

But there is that pesky ~US$200 per share to recover. Tesla is still down ~50% from the post election high. A lot of people lost a shed load buying at that high….

 

[drron]

But there is that pesky ~US$200 per share to recover. Tesla is still down ~50% from the post election high. A lot of people lost a shed load buying at that high….

But long term investors aren't down.
And firebombing Teslas and Tesla showrooms suggest the USA has far bigger problems than the stockmarket.

 

[Freq Flier 2013]

Remember the Trump crypto coin that came out. Now worth a fraction of the price. People who invested in the early days really lost money!

 

[SydneySwan]

Remember the Trump crypto coin that came out. Now worth a fraction of the price. People who invested in the early days really lost money!

I think the Trump coin hardly merits being called an investment.

 

[drron]

Minister King again shows how much she knows about her portfolio. threatening the USA that we would sell our rare earths to anyone but the USA. However Iluka is the world's second largest rare earth company and is planned to open a processing plant in WA in 2026/27. Our PM announcing a loan of $A165 million said it would have a no China clause.

Australia close to breaking China’s critical mineral stranglehold

Australian firms are within a few years of refining most of the rare minerals used in the world’s critical defence systems, electric vehicles and clean energy transition.

www.smh.com.au

Lynas is the world's third largest producer of rare earth products. currently a third of it's output goes to China but that might change as they are building a third processing factory in Texas after a large funding grant from the US government.

Of the undeveloped rare earth projects around the world Australian companies own 2 of them. The third largest is in greenland and the plans are to probably build a plant in the USA. The 5th largest deposit is in the USA and has already received significant funding to progress the development of a mine. Don't think our Government has a chance of making those companies not invest in the USA.

 

[prozac]

Minister King again shows how much she knows about her portfolio. threatening the USA that we would sell our rare earths to anyone but the USA. However Iluka is the world's second largest rare earth company and is planned to open a processing plant in WA in 2026/27. Our PM announcing a loan of $A165 million said it would have a no China clause.

Australia close to breaking China’s critical mineral stranglehold

Australian firms are within a few years of refining most of the rare minerals used in the world’s critical defence systems, electric vehicles and clean energy transition.

www.smh.com.au

Lynas is the world's third largest producer of rare earth products. currently a third of it's output goes to China but that might change as they are building a third processing factory in Texas after a large funding grant from the US government.

Of the undeveloped rare earth projects around the world Australian companies own 2 of them. The third largest is in greenland and the plans are to probably build a plant in the USA. The 5th largest deposit is in the USA and has already received significant funding to progress the development of a mine. Don't think our Government has a chance of making those companies not invest in the USA.

Are you referring to Greenland Minerals GGG? Had a rather dodgy West Aussie start to life over a decade ago.

 

[drron]

No ETM. They have a problem with the current coalition government of Greenland who banned any mine if a resource contains more than 300 ppm uranium. Their project even though it is a rare earths project contains just over that amount.
however Greenland has just had elections and the ruling coalition government saw their vote decline from 66% to 36%. The leader of the most popular party in the recent election is pro business and a previous mines minister so hope that stupid policy will be jettisoned.

 

[prozac]

No ETM. They have a problem with the current coalition government of Greenland who banned any mine if a resource contains more than 300 ppm. Their project even though it is a rare earths project contains just over that amount.
however Greenland has just had elections and the ruling coalition government saw their vote decline from 66% to 36%. The leader of the most popular party in the recent election is pro business and a previous mines minister so hope that stupid policy will be jettisoned.

I gather you mean Uranium? I had an interest a decade back but have stayed away since. Just researching again now. I won't touch a company that has significant Chinese investors (GGG). I'll have a look at ETM, but looking now at EUR. Yes IA (AI?) party is anti Uranium but Sweden which was is now coming around as they accept it as a clean energy source.

 

[drron]

I gather you mean Uranium? I had an interest a decade back but have stayed away since. Just researching again now. I won't touch a company that has significant Chinese investors (GGG). I'll have a look at ETM, but looking now at EUR. Yes IA (AI?) party is anti Uranium but Sweden which was is now coming around as they accept it as a clean energy source.

Thanks corrected. funny how leaving out one word changes a message.

 

[prozac]

No ETM. They have a problem with the current coalition government of Greenland who banned any mine if a resource contains more than 300 ppm uranium. Their project even though it is a rare earths project contains just over that amount.
however Greenland has just had elections and the ruling coalition government saw their vote decline from 66% to 36%. The leader of the most popular party in the recent election is pro business and a previous mines minister so hope that stupid policy will be jettisoned.

ETM looks like the old GGG (Greenland Minerals).

 

[cove]

Seeking Alpha tonight questioned whether Tesla is heading for a BlackBerry moment as Chinese car manufacturers get big market gains.
Decided to reduce our bank hybrid holdings so I was selling from early March to meet a commitment in late April.
All the gold producers have been helped by the gold price going over $3,000 USD.

 

[moa999]

Blackberry got done by a step change (iPhone) and failed to deliver competing products.

The Chinese car manufacturers will take far more market share from the mass market ICE manufacturers than from Tesla.

That said - I wouldn't necessarily be buying Tesla. They are still at a ridiculous multiple even versus the other FANG stocks, and growth is slowing, they aren't innovating in terms of new models as quickly as the Chinese, and in any event are somewhat construction constrained with their current plants.

 

[Freq Flier 2013]

Anyone has thoughts on MXT? Below $2 and a good yield.

 

[Dr Ralph]

Anyone has thoughts on MXT? Below $2 and a good yield.

Yield is good, but no franking means I'll avoid.

SWTZ has a similar distribution, but much better franking levels.

 

[Dr Ralph]

Took up my priority offers today for WAM Income Maximiser.

Got until April 11 to pay.

 

[Mr_Orange]

Took up my priority offers today for WAM Income Maximiser.

Got until April 11 to pay.

This is just like HVST or YMAX, isn't it?

 

[Dr Ralph]

This just like HVST or YMAX, isn't it?

Similar, but not exactly the same.

 

[BettyB]

Took up my priority offers today for WAM Income Maximiser.

I did the same and today got the following message:

[td]Dear Investor,[/td] [td]Thank you for your application to invest in WAM Income Maximiser Limited (WAM Income Maximiser).[/td] [td]Following our review of your Target Market Determination (TMD) response for WAM Income Maximiser (as part of the application form), we have noted that your response falls outside the target market criteria. As part of our regulatory obligations, we ask that TMD responses are aligned with the product's target market. As such, the TMD and Prospectus are linked for your review.[/td] [td]What's required from you? Please read and review the TMD and contact us if you have any questions.[/td] [td] [/td] [td]Example of a response that falls outside of the target market criteria: When asked "What is your tolerance for risk?" some investors selected 'low', 'very high' or 'extremely high'. WAM Income Maximiser is considered 'medium' risk and so if you selected a risk tolerance of 'low', 'very high' or 'extremely high', this is considered outside of the TMD.[/td] [td] [/td] [td]Below is a summary of the Target Market for WAM Income Maximiser as per the linked TMD:[/td] [td] [/td] [td]Target Market:
Shares in WAM Income Maximiser Limited (the Company) are likely to be appropriate for retail clients receiving personal advice recommending acquisition of the Shares and retail clients seeking income and/or capital growth and/or capital preservation, using the shares as a satellite or minor allocation with at least a medium risk and return profile, an investment timeframe of at least 5 years and willingness to wait a week for liquidity.[/td] [td] [/td] [td]Should you have any questions in relation to the TMD or would like further clarification, please contact Boardroom Pty Limited on 1300 420 372 (within Australia) or +61 2 8023 5472 (outside Australia) or email [email protected].[/td] [td] [/td] [td]Thank you for your understanding and continued interest in WAM Income Maximiser.[/td]

Never seen this before. Unclear if they've rejected my application because I selected the wrong risk factor??????????

 

[prozac]

I have been following the restructure of TRS over past couple of years and recently suggesting to my broker I should be buying around $2.80. Broker disuaded me as late as 4 weeks ago. Wish I'd ignored his advice now.

 

[SYD]

I have been following the restructure of TRS over past couple of years and recently suggesting to my broker I should be buying around $2.80. Broker disuaded me as late as 4 weeks ago. Wish I'd ignored his advice now.

At first I thought that was a post about Tourist Refund Scheme and I was wondering what the restructure was about!

Then plugged in the ticker!