AFF Member Stock Discussion

Down day ahead on ASX.

Maybe a correction is in the offing , my olfactory organ is twitching

add..we can't really complain ..a fantastic run that has to end sometime
 
Mid Sept to mid Oct seems to be the large sea of red some people say

so I'm getting my shopping list ready and waiting
 
Blow the Green whistle....MVP a good stock I believe.
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A stock in the green today.

Management changed & reorganised global progression.
CEO lot of performance incentives for FDA approval, although more near term moving into European direction.
 
tgh said:
I downloaded last pass ages ago but the workload to find and sort through many hundreds of old passwords defeated me.
I took the easy road…apple offers me a password that I don't need to record or remember for every new account and the oldies can take their chances.
Swmbo has a simple solution , she writes all her passwords down in a big book and leaves it on her office desk…….
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Glad I’m not the only one with password trouble.
i enter my passwords to a fake phone contact.
the Apple idea is good but then that means you get tracked more.
Thinking that travel and health shares might be a good bet, but don’t have time to do the research.
My wesfarmers and Coles shares doing well.
 
When the market drops we look at getting more Cromwell which is CMW. We tend to buy at 80 cents and they went ex distribution yesterday.
Happy to have lots in distributions to keep the wolf from the door. Just part of a strategy.
Today or tomorrow the market should be ok.
Cromwell gets us 8% when bank interest is close to zero.
 
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cove said:
When the market drops we look at getting more Cromwell which is CMW. We tend to buy at 80 cents and they went ex distribution yesterday.
Happy to have lots in distributions to keep the wolf from the door. Just part of a strategy.
Today or tomorrow the market should be ok.
Cromwell gets us 8% when bank interest is close to zero.
Click to expand...
Nice recovery today after quite a bit of shopping last two days ..
 
cove said:
When the market drops we look at getting more Cromwell which is CMW. We tend to buy at 80 cents and they went ex distribution yesterday.
Happy to have lots in distributions to keep the wolf from the door. Just part of a strategy.
Today or tomorrow the market should be ok.
Cromwell gets us 8% when bank interest is close to zero.
Click to expand...
You made a similar comment earlier this year. I got on then and rode this to 90 cents. Dumped these before the dividend, but looking to get back on again. Just a note for those looking at this, the dividend in not fully franked.
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RooFlyer said:
Yes; who else sold into the CBA buyback? I took the opportunity to get a bit less overweight in CBA.
Click to expand...
Nope. No value in doing this for me.
 
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Any comments we make are not to be deemed financial advice.
Yes the Cromwell CMW distributions that come quarterly are unfranked but 8% attracts us as a place to put spare cash.
The ATO will be pleased with you earning 8% instead of almost nothing on your spare funds.
 

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