AFF Member Stock Discussion

[Gladstone Tim]

Looks decent.

 

[Dr Ralph]

Looks decent.

I'm expecting a scale back.

 

[cove]

Well we are under water on our Elders buy but it should work out ok over this year.
Warrego are gone and that was disappointing but it was a good profit. We had hoped to participate in downstream processing.
We are partners in a 300 kW solar system to avoid those big electricity price hikes.

 

[CaptainCurtis]

I've been holding AUQ for a number of years - they have a copper-gold project with project commissioning expected in Q2. Its been a long time coming with countless delays, but things appear to have turned a corner.

Was mentioned in a Stockhead article yesterday.

 

[cove]

Latitude shares have tanked and ex postal worker is departing from CEO position.
Interesting as that was the start of this thread.
Meanwhile we will have to be patient with Elders shares. Bought some more at $8.74 to average down.
Took up the SRG placement.
Thinking about Virgin 2 float but they will be pumped up with extraordinary ticket prices in the past few months.

 

[MARTINE]

Latitude shares have tanked and ex postal worker is departing from CEO position.
Interesting as that was the start of this thread.
Meanwhile we will have to be patient with Elders shares. Bought some more at $8.74 to average down.
Took up the SRG placement.
Thinking about Virgin 2 float but they will be pumped up with extraordinary ticket prices in the past few months.

And I have precisely zero motivation to contribute to Jane’s performance bonus

 

[Mr_Orange]

Not in the slightest.

The last IPO was pulled because all the early investors realised they weren't going to get the gains they wanted (if any at all).

Anyone dipping into this is looking to get burnt, IMO.

Ha, no surprises there!

All that tells you is that Macquarie have something to gain from persuading clients to buy in.

Latitude shares have tanked and ex postal worker is departing from CEO position.
Interesting as that was the start of this thread.

I did try to warn you.....

 

[cove]

The good news is we never believed Latitude would hit a home run so we did not buy them.

 

[tgh]

My nose is twitching.. is it just me ??

 

[I love to travel]

My nose is twitching.. is it just me ??

Which way?

 

[Mr_Orange]

My nose is twitching.. is it just me ??

Are you the March Hare?

 

[tgh]

More the march bare.. er bear..
Seems that every "correction" is preceded by over optimistic blue sky trading
Lets hope I am wrong...

 

[Mr_Orange]

More the march bare.. er bear..
Seems that every "correction" is preceded by over optimistic blue sky trading
Lets hope I am wrong...

The daily trend on the S&P500 has certainly changed to the down side.

 

[Kerrodt]

Latitude shares have tanked and ex postal worker is departing from CEO position.
Interesting as that was the start of this thread.
Meanwhile we will have to be patient with Elders shares. Bought some more at $8.74 to average down.
Took up the SRG placement.
Thinking about Virgin 2 float but they will be pumped up with extraordinary ticket prices in the past few months.

@cove hopefully your thoughts on the Virgin 2.0 float are to stay away. Red flags everywhere for me.

 

[jrfsp]

Surprising how much QAN has fallen today, i wouldnt have expected a better result

 

[cove]

Going for Silex in their placement today.

So Qantas and Santos had reasonable results but the market went Ho Hum.

 

[Kerrodt]

Surprising how much QAN has fallen today, i wouldnt have expected a better result

Going for Silex in their placement today.

So Qantas and Santos had reasonable results but the market went Ho Hum.

QAN is down because they have told the market that they expect airfares to come down in the short term -> reduced earnings -> lower valuation. The market looks out into the future to determine what the current value estimate is, not historical results.

 

[drron]

I think also that the market is still basically in a downtrend. there are quite a few stok "experts" in the USA forecasting a sharp drop in the Dow in the next couple of months. And if they catch a cold we will get pneumonia.

 

[Happy Dude]

QAN is down because they have told the market that they expect airfares to come down in the short term -> reduced earnings -> lower valuation. The market looks out into the future to determine what the current value estimate is, not historical results.

ABC News ACT led with this story last night but said fares won't be coming down. They're wrong of course (or the market is stupid) as the amount of capacity to come on line with the new QF planes would suggest that prices would come down.

ABC News ACT: Thursday 23/2/2023

News from where you live. ABC News ACT brings you the day's top stories, exclusive investigations and original reporting on the issues that matter to you. Presented by James Glenday.

iview.abc.net.au

 

[Mr_Orange]

A nice, surprising special dividend announcment from Helia Group (HLI, formerly GMA) today amongst the general down trend in prices.