AFF Member Stock Discussion

Have an invitation to go out on the Veem launch this week which is fitted with a giro stabilizer.If we wax lyrical about it you will know why. One of our brokers say the launch can get to Rottnest in 13 minutes when the fastest journey we have ever done is 30 minutes.
The giro stabilizer may be turned off for a couple of minutes....out in the open water.
 
Hands up all who have read the 306 pages of Macquarie Bank annual report.
We should have bought more when they were cheap.
We want to go to their next AGM if Covid-19 allows it.
We are up almost 6 times on this long term hold and we should have re-invested those dividends.
Meanwhile our investment in Myanmar Metals is in trouble.
You cannot have 100% wins.....
Always looked at MQG since 2017 and every time thought I had missed the boat, Then bought a bit in the Covid dip and now am a very happy investor.
but I have not read their report
 
We took up the Pendal and Envirosuite share offerings yesterday as both were in the money.Pendal shares will probably drop back a bit due to the number of shares that they are issuing.
Those codes are PDL and EVS.
One of our brokers loves Cyprium so maybe if you like copper explorers.....
Have to study Praemium as they may be a takeover target.
IFL has completed its takeover of NABs MLC division. We do hope IFL know which way is up.
 
Thanks @tgh.
Today is a work office day in Perth.
Our office has Woolies shares so we need to do the paperwork on that one.
At work we invested funds to fully cover both our long service leave and annual leave liabilities. That plan is going very well at the moment.
 
Pendal shares will probably drop back a bit due to the number of shares that they are issuing.
I hope not. I just put in for 5 lots of the maximum offerings.

I'm:

1) Hoping the price holds until I can dump them.

2) Hoping for a minimal scale back.
 
We just had one PDL entitlement so we went for the largest amount. Because the share offer is in the money it is likely that we get scaled back.
Good luck everyone with PDL which is Pendal.
We have never sold any Pendal shares. They have been a long term holding.
 
I have > 800 WOW shares and have made a nice (for me) profit which I am thinking of taking. I have an historical loss to cover from when I became Bank of Mum. But I am not sure about the WOW Endeavour demerger. Am I better to take a nice profit now or wait for the demerger?
Or sell now, take the profit and buy back >800 shares.
 
We are thinking that the split up could work better than the whole.
However if you are anti alcohol and gambling like my mother was you might want to sell off the Endeavour bit.
 
I have > 800 WOW shares and have made a nice (for me) profit which I am thinking of taking. I have an historical loss to cover from when I became Bank of Mum. But I am not sure about the WOW Endeavour demerger. Am I better to take a nice profit now or wait for the demerger?
Or sell now, take the profit and buy back >800 shares.


I like demergers. Each new entity normally ends up a better business and each part together is then worth more than the original.
 
So inflation starting to crawl up.. what stocks to buy

Quite possibly.. that this inflation cycle might be very different.

Increased input prices might get a lot of companies into trouble, and also create mortgage stress for householders.

So you might see some weird price inflation but asset deflation.
 
We saw Ophir today and they are moving their share registry from Link to Automic this week. That is a good move.
Trajan listed well for us and Pepper is moving back up after a weak start. Pepper is writing lots of loans and that share should surge shortly once they report record business and lower operating costs.
We just returned to Perth from Sydney tonight.
 
On that one we hear some good things @Mr_Orange.
Resimac should score an upgrade to its rating too. Others like Liberty have already scored upgrades.
Lots of good business is being written in the mortgage business at the moment.
Westpac is lagging by being slow and late.
Codan came up in our meeting yesterday as a great growth story with impressive returns on their capital.
 

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