AFF Member Stock Discussion

[glasszon]

Just found this thread, does anyone hold URW? It's a very lonely feeling to see the stock price goes down by 5-10% each day.....

 

[cove]

@glasszon we all have duds and URW has properties that are underperforming due to locked down tenants not paying rents despite leases. Your recovery needs a Covid-19 vaccine. Trump has high hopes of a successful vaccine but often he is talking BS. Listen to the doctor on CNBC with Joe and Andrew. I think he is Dr Scott Gottlieb after 6pm in WA or 4pm in the east. He was the FDA commissioner and is a director of a major drug company in the US.
We hope you have some stocks that are more in the black.

 

[glasszon]

@glasszon we all have duds and URW has properties that are underperforming due to locked down tenants not paying rents despite leases. Your recovery needs a Covid-19 vaccine. Trump has high hopes of a successful vaccine but often he is talking BS. Listen to the doctor on CNBC with Joe and Andrew. I think he is Dr Scott Gottlieb after 6pm in WA or 4pm in the east. He was the FDA commissioner and is a director of a major drug company in the US.
We hope you have some stocks that are more in the black.

Thanks for the encouragement, I am still amazed at how URW announced a massive rights issue last week, yet they say they won't set the price until Q4, what a great way to kill the share price of a company.

Let's hope Zip will pick up again so I can offset some of the losses I got from URW!

 

[cove]

Bad day ahead for the Australian market.
My sons bought Worley WOR last week.

 

[glasszon]

Bad day ahead for the Australian market.
My sons bought Worley WOR last week.

I have a feeling the bloodbath won't finish today, UK announced some very mild measures that's nowhere near sufficient to control the outbreak and will probably implement more drastic measures soon.

 

[Quattro]

Let BUB go today. Thought I'd focus on others for the time being being their price is still declining. Down to .76.

Was surprised to see it go into the green today, or was it just me?

 

[ramamba]

in other news PLT (former RateSetter) listed with a ~20% decline
i now wish we were scaled back to the min allocation like some others were

 

[Quattro]

in other news PLT (former RateSetter) listed with a ~20% decline
i now wish we were scaled back to the min allocation like some others were

I think they just listed at the wrong time feels like.. have a feeling it wouldn't have been that bad a month ago. Hmm.

 

[cove]

Well I was working so I missed most of the action today.
Nice rally....one of my sons selection of shares went up almost 5%. He has only green ones which is easy when you have only 4 stocks.

 

[I love to travel]

Very volatile atm, most of yesterday likely to be erased today. Brexit plus US election makes for interesting times ahead.

 

[cove]

California has announced only new zero emission cars will be allowed to be sold n their state in 2035. That will change the use of metals for batteries and electric motors.
Yes after a big surge yesterday the US market tanked last night.
All governments are printing money to avoid recession/depression. Lots of people are disconnected from the idea that taxes raised should cover government expenditure.
In our State of Western Australia we have a home building boom stirred up by government incentives and low available stocks of rental properties.
We are now getting zero interest rates on our cheque account cash.
We haven’t been selling off our big 5 bank hybrids as they are still ok to earn a modest return. Frankly we are surprised how high MBLPC Macquarie Perpetuals have gone.

 

[Gold Member]

Frankly we are surprised how high MBLPC Macquarie Perpetuals have gone.

I’m a seller of PC at these prices. Well above face and YTM risk/reward unattractive.

I‘m tipping some money into Coolabah’s Active Fixed Interest Long Short fund which target 4-6% above the RBA cash rate. It’s only been around for 3 yrs or so but the CCI “Smarter Money” products have done well for many years and quite frankly I respect and trust Chris Joye with my money. Can’t say that for many other Fundies.

 

[cove]

We got caught in Pioneer Credit when their accounting was queried by their auditor. They may make it back onto the ASX shortly.
Their suitor from private equity nixed the acquisition.
We agree that MBLPC look overpriced now.

 

[TomVexille]

California has announced only new zero emission cars will be allowed to be sold n their state in 2035. That will change the use of metals for batteries and electric motors.
...

Hope that bodes well for the tiny speculative parcel I bought in a graphite mining company who is looking to specifically produce for EV batteries

 

[cove]

We missed Yojee this morning as the issue closed before we called. They appear to have deals with Alibaba and other significant players. All we could see were the financial losses.

 

[cove]

Mrscove is not wanting us to invest in shares where the companies have paid zero rent despite having leases. That puts Premier Investments off the list. Next she thinks there is no place for bullying CEOs so Cleanaway gets nixed too. This week we took up ACQ which is Acorn and applied for extra. They are a fund which invests some funds in start ups that have listing plans in a couple of years.
Consolidated Operations COG is stirring as is CQE which has Vanguard as a new 5% shareholder. We have lots of both of these for long term growth.

 

[TheRealTMA]

Mrscove is not wanting us to invest in shares where the companies have paid zero rent despite having leases. That puts Premier Investments off the list. Next she thinks there is no place for bullying CEOs so Cleanaway gets nixed too. This week we took up ACQ which is Acorn and applied for extra. They are a fund which invests some funds in start ups that have listing plans in a couple of years.
Consolidated Operations COG is stirring as is CQE which has Vanguard as a new 5% shareholder. We have lots of both of these for long term growth.

Try some of the Ethical Investments? Or just spend the money on wine instead?

 

[Dave G]

Andromeda is pricing nicely for us - next question when / if to get off the elevator

 

[cove]

Wine time after this Wednesday once infection is resolved with antibiotics.
With all the world printing money some shares could jump by a lot. Just hope it is all the ones we all have.

 

[coolsteps]

was thinking of buying apt shares for growth but price so volitile now. what are your thoughts best wait for the next big drop or dive in now?