AFF Member Stock Discussion

One of the things I will miss in retirement is the interaction with patients. A little less than 2 years ago one of my patients was a Tasmanian miner. he was adamant that the company he worked for was starting to go gangbusters. Well I did put some money in to it and now I wished I had invested a lot more.
GRR. Total dividends to date are 80% of my investment all fully franked. The share price is up 450%. You just never know when something will pop up.
 
drron said:
One of the things I will miss in retirement is the interaction with patients. A little less than 2 years ago one of my patients was a Tasmanian miner. he was adamant that the company he worked for was starting to go gangbusters. Well I did put some money in to it and now I wished I had invested a lot more.
GRR. Total dividends to date are 80% of my investment all fully franked. The share price is up 450%. You just never know when something will pop up.
Click to expand...
I'm bullish on GRR but I didn't get in as early as you - the SP is up ~120% in 10 months and I've received ~25% dividends - I also wish I had purchased more.
 
We bought some City Chic shares so we hope they run like Pepper did over a month.
Today our uranium shares went well.
 
We did get some Westpac at $15.03 but it did not cover the ones we took up @$24.20 from their issue.
We still have some but now none in our Superfund. We will do a pension payment of the Westpac funds later this month so we will get some pleasure out of that dog.
i remember GRR with an Albany area proposal when one of my sons was working there. Always good to have a success.
 
Wilson Asset are selling off some of the WIC and OZG portfolio stocks. Today they sold 1.5 million Cedar Woods shares.
 
With the absorption of ME Bank , Bank of Queensland are finding the going a bit tough to earn a good return on invested funds.
We would buy some once they hit a new low. We still hold some BOQ hybrids because we have been lazy.

Will go to WAM seminar in Perth on June 2nd as we avoided Wilson for quite a few years and need to hear if WAM is ok.
Getting a tax refund from filing our SMSF so that is a pile of franking credits getting paid out. E Super now charges $999 annually to get financials filed with the ATO and audit done. Still a bargain is what we are thinking.

The fiscal fiend has finalised our tax review with no damage but so much time wasted and hundreds of pages of answers submitted. The ATO looked at every entity we use so that was trusts, companies and family members. Because we pay all our taxes ahead of time it was annoying seeing we are in a business that has had to deal with a pandemic,floods, road closures, running port strikes, railway flooding, lack of ships, lack of containers, lack of air freight and worldwide inflation.
Big chunks of the supply chain has been put under pressure worldwide.
 
Yes @Mr_Orange we have used Esuper ever since we left AMP quite a few years ago. Never had an issue with their accounting/audit. We moved from underperformance and never looked back.
 
Yes @Kerrodt. It is esuperfund.com.au. We joined in 2011 and it has been successful for the two of us.
We use Commsec and a V2 ANZ account. We don’t need life cover so it is just tax free investing for us.
We could change to CBA from ANZ but i didn’t bother.
They get paid automatically and there is a smallish charge to the statutory body for supervision.
 
cove said:
We could change to CBA from ANZ but i didn’t bother.
Click to expand...

I would if I were you. Automatic data download and coding ceased with CBA on 19th March. If you don't swap, you will need to enter all transactions by hand, code them yourself and Esuper might charge you more come compliance time for the additional work required to deal with manual entries.
 
Only have 7 stocks in our Self Managed Super Fund which post takeovers will be 6. Coding is not a biggie for us as we tend to buy and hold.
Have paid out two chunks this year to stay under the $3.4 M.
Have one share in the red out of seven and the good news it is our smallest holding and is on a Price Earnings of 12 so should recover.
Had to file a TBAR last quarter and will have to do a second one this quarter.
 
Last edited:

Become an AFF member!

Join Australian Frequent Flyer (AFF) for free and unlock insider tips, exclusive deals, and global meetups with 65,000+ frequent flyers.

AFF members can also access our Frequent Flyer Training courses, and upgrade to Fast-track your way to expert traveller status and unlock even more exclusive discounts!

AFF forum abbreviations

Wondering about Y, J or any of the other abbreviations used on our forum?

Check out our guide to common AFF acronyms & abbreviations.

Recent Posts

Staff online

  • NM
    NM
    Enthusiast

Currently Active Users

... and 28 more.
Total: 367 (members: 78, guests: 289)
Back
Top