AFF Member Stock Discussion

[SYD]

I have about $35k across the two - which is my “rats and mice” category. They do have a finite shelf life (still a while away) but they do suffer from negative sentiment now and will through to the end. But I do expect an uptick coming but we live in interesting times and it could easily go the other way…

WDS results a bit mixed but seems to have stemmed the downward trend - for now.

I went to top up my holding but for some reason transferring cash into Nabtrade was slower that usual (still hasn’t arrived…). It’ll be there o/n and reassess in the morning. ~9% div return could be handy as interest rates start to fall.

 

[Quickstatus]

WDS

Do you think they will get the NW shelf extension approval?

 

[SYD]

Do you think they will get the NW shelf extension approval?

Don’t know. There was some media coverage that WDS CEO was slamming Federal Gov and approval delays for some projects. Need to to track down the coverage.

 

[cove]

With Woodside they are a reliable gas supplier to Japan, Korea and Taiwan. The stupids want the north west shelf to finish in 2030 which indicates they don’t know that WA is holding Australia together with mining, oil and gas production. It seems some think money grows on trees. We tried that with Gunns, Timbercorp Great Southern and several others and they all failed.

 

[prozac]

WDS results a bit mixed but seems to have stemmed the downward trend - for now.

I went to top up my holding but for some reason transferring cash into Nabtrade was slower that usual (still hasn’t arrived…). It’ll be there o/n and reassess in the morning. ~9% div return could be handy as interest rates start to fall.

I could have completed my order at $23 and I have a tinge of regret seeing them now back to $24. However I don't think the dust has settled on the market so I am waiting patiently.
FWIW I think WDS will get approval. The NWS is too important to the economy and the development of infrastructure to get it to the stage it is at would be difficult to replicate today. I worked on subsea construction and the North Rankin A platform before any production existed, and later on construction of the LNG turning basin and approach channels. The project is massive and needs to be fed.

 

[cove]

Saw Adairs result which was ok but down they went today….

 

[Quickstatus]

stupids

Excerpt from the AUS editorial.

 

[cove]

Yes @Quickstatus this is a very real problem. If Woodside get stopped in the north west they will likely move their operations out of Australia to friendlier places.

 

[SydneySwan]

I have been following this thread for quite some time. I am curious to know if there is an ASX stock that @cove has not owned?

 

[Dr Ralph]

I have been following this thread for quite some time. I am curious to know if there is an ASX stock that @cove has not owned?

That would be impressive, especially given there's currently around 2300 listed stocks.

Even I only own less than 1000 of these.

 

[FlyingFiona]

Do you own AVZ @cove? Or anyone?

 

[Dr Ralph]

Do you own AVZ @cove? Or anyone?

Isn't that stock desisted?

 

[cove]

No @FlyingFiona we don't have any AVZ. They are currently delisted.
It is true that we have 6 pages of stocks and bonds and will start to cut this list down within the next 5 years.
We have tried to invest till its all gone.

 

[FlyingFiona]

Yes, delisted. And my $$ is stuck in them

Never had this happen before. I am wondering if anyone else was in the same position with AVZ and if they had received any advice on them in particular.