Graeme NewingNewcastle, Saturday 21 DecemberPrice movements noted in this article are weekly not dailyBond yields and the USD are rising and everything else – stock prices, hard assets, commodities – are correcting downward.Government bondsWell, that was a surprise! The yield of the 30-yr T-Bond (4.72% up 0.10%, wkly, daily) rose against my expectations, to above the … Read more
All Ords 8317 down 98 pts or 1.2%I apologise for not publishing a post on this blog yesterday. Would you believe I forgot to put my laptop in my bag when I took the train down to Sydney to stay overnight there before the AGM today, and I was too tired to do it on … Read more
All Ords 8559 evenNothing much happening.Portfolio performancesThe Superfund portfolio gained 0.4% as follows:A 1.7% rise in Alpha (A4N, 88¢ up 1.5¢, $1.0b, daily, hrly) added 0.6%. Animoca on Primary Markets (74¢, 72/74¢, $1.4b) last traded 17 Dec. Andromeda (ADN, 0.6¢, $22m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $211m diluted) was suspended … Read more
All Ords 8559 up 65 pts or 0.9%An excellent presentation by A4N was the highlight of my day.Portfolio performancesThe Superfund portfolio gained 1.2% as follows:A 4.2% rise in Alpha (A4N, 86.5¢ up 3.5¢, $1.0b, daily, hrly) added 1.4%. A 1.4% rise in Animoca on Primary Markets (74¢ up 1¢, 70/74¢, $1.4b) added 0.2%. A 4.8% … Read more
All Ords 8494 down 56 pts or 0.8%Am flabbergasted with how fast and far A4N has fallen.Portfolio performancesThe Superfund portfolio lost 1.6% as follows:A 4.3% rise in Animoca on Primary Markets (73¢, 70/73¢, $1.4b) added 0.5%. Audio Pixels (AKP, $6.20, $181m or $211m diluted) was suspended on 1 March. Besra Gold (BEZ, 7.9¢, $33m, daily, … Read more
Newcastle, Saturday 14 DecemberPrice movements noted in this article are weekly not dailyA boring week, with not much happening.Government bondsThe yield of the 30-yr T-Bond (4.62% up 0.28%, wkly, daily) rose during the week but the balance of probabilities is that the next big move will be down.Fiat currenciesThe USD index (107.0 up 0.9 pts, … Read more
All Ords 8550 down 37 pts or 0.4%A4N was a bummer again.But have a look at the AKP video!Portfolio performancesThe Superfund portfolio fell 0.8%, taking the loss for the week to 3.9% and the return for the financial YTD to minus 6.4%. Movements today were as follows:A 14.5% rise in Besra Gold (BEZ, 7.9¢ up … Read more
All Ords 8587 down 24 pts or 0.3%The fall in A4N shares was more severe than I had expected.Portfolio performancesThe Superfund portfolio lost 2.7% as follows:Animoca on Primary Markets (70¢, 59/73¢, $1.3b) last traded 10 Dec. Andromeda (ADN, 0.7¢, $26m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $211m diluted) was suspended on … Read more
All Ords 8610 down 40 pts or 0.5%A4N’s update was for once slightly negative.Portfolio performancesThe Superfund portfolio broke even as follows:A 7.6% rise in Besra Gold (BEZ, 7.1¢ up 0.5¢, $30m, daily, hrly) added 0.3%. A 16.7% rise in Andromeda (ADN, 0.7¢ up 0.1¢, $26m, daily, hrly) added 0.3%. Animoca on Primary Markets (70¢, 59/73¢, … Read more
All Ords 8650 down 37 pts or 0.4%Nothing much happening.Portfolio performancesThe Superfund portfolio lost 1.2% as follows:Animoca on Primary Markets (70¢, 59/74¢, $1.3b) traded but closed unchanged. Audio Pixels (AKP, $6.20, $181m or $211m diluted) was suspended on 1 March. Red Metal (RDM, 11¢, $40m or $46m diluted, daily, hrly) closed unchanged. A 2.9% fall … Read more
All Ords 8687 down 2 pts onlyAKP is raising more cash, again. Hopefully the key milestone- achieving production of packaged chips – is imminent.Portfolio performancesThe Superfund portfolio gained 0.9% as follows:A 25.0% rise in Blue Star Helium (BNL, 0.5¢ up 0.1¢, $14m, daily, hrly) added 0.6%. A 2.9% rise in Animoca on Primary Markets (70¢, … Read more
Newcastle, Saturday 7 DecemberPrice movements noted in this article are weekly not dailyFocus on bitcoin again.Government bondsThe yield of the 30-yr T-Bond (4.33% down 0.04%, wkly, daily) has pulled back further. I see this as more evidence that the yield could fall to strong support around 4.0% over coming weeks..Fiat currenciesThe USD index (106.1 up … Read more
All Ords 8689 down 55 pts or 0.6%How many ways can I say twas a quiet day?Portfolio performancesThe Superfund portfolio rose 0.3%, taking the loss for the week to 2.8% and the return for the financial YTD to minus 2.8%. Movements today were as follows:A 2.0% rise in Alpha (A4N, $1.01 up 2¢, $1.1b, daily, … Read more
All Ords 8745 up 16 pts or 0.2%It was an even quieter day than ususal, not least because all the portfolio stocks closed unchanged. I don’t remember that ever occurring in the past.Portfolio performancesThe Superfund portfolio broke even as follows:Alpha (A4N, 99¢, $1.1b, daily, hrly) closed unchanged. Animoca on Primary Markets (68¢, 59/78¢, $1.3b) last … Read more
All Ords 8729 down 26 pts or 0.3%A4N pulled back sharply after one of its frequent updates that did not contain much of significance.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:A 24.4% rise in Blue Star Helium (BNL, 0.5¢ up 0.1¢, $14m, daily, hrly) added 0.6%. A 10.0% rise in Red Metal (RDM, 11¢ up … Read more
All Ords 8755 up 50 pts or 0.6%bsolutely dead in the water.Portfolio performancesThe Superfund portfolio lost 0.6% as follows:Alpha (A4N, $1.025, $1.2b, daily, hrly) closed unchanged. Animoca on Primary Markets (68¢, 62/83¢, $1.3b) last traded yesterday. Andromeda (ADN, 0.7¢, $26m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $207m diluted) was suspended on … Read more
All Ords 8705 up 6 pts or 0.1%Quiet day, spoilt by Animoca pulling back.Portfolio performancesThe Superfund portfolio lost 1.8% as follows:A 25.0% rise in Blue Star Helium (BNL, 0.5¢ up 0.1¢, $14m, daily, hrly) added 0.6%. A 1.6% rise in Besra Gold (BEZ, 6.5¢ up 0.1¢, $27m, daily, hrly) added 0.1%. Alpha (A4N, $1.025, $1.2b, … Read more
Newcastle, Saturday 30 NovemberPrice movements noted in this article are weekly not dailyBond yields have peaked and are likely to fall.Government bondsThe yield of the 30-yr T-Bond (4.37% down 0.23%, wkly, daily) has pulled back. Earlier this month it had broken through its downtrend line but I now might have to redraw the line (shown … Read more
All Ords 8699 down 1 pt onlyA4N has broken out!Portfolio performancesThe Superfund portfolio rose 0.6%, taking the gain for the week to 4.0% and the return for the financial YTD to 0.6%. Movements today were as follows:A 3.5% rise in Alpha (A4N, $1.025 up 3.5¢, $1.2b, daily, hrly) added 1.3%. Animoca on Primary Markets (83¢, … Read more
All Ords 8700 up 40 pts or 0.5%A better day.And I correct my A4N commentary.Portfolio performancesThe Superfund portfolio gained 2.3% as follows:A 10.7% rise in Animoca on Primary Markets (83¢, 68/80¢, $1.6b) added 1.2%. A 2.1% rise in Alpha (A4N, 99¢ up 2¢, $1.1b, daily, hrly) added 0.7%. A 14.1% rise in Andromeda (ADN, 0.8¢ … Read more
All Ords 8660 up 47 pts or 0.5%A4N’s AGM today was for me, a good reminder of how cheap the shares are. Low risk, high return, investment grade.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:Alpha (A4N, 97¢, $1.1b, daily, hrly) closed unchanged. Andromeda (ADN, 0.7¢, $26m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m … Read more
All Ords 8613 down 49 pts or 0.6%Nothing doing today.Portfolio performancesThe Superfund portfolio broke even as follows:A 25.0% rise in Blue Star Helium (BNL, 0.5¢ up 0.1¢, $14m, daily, hrly) added 0.6%. Animoca on Primary Markets (68¢, 80/83¢, $1.5b) last traded 20 Nov and for the time being I am using the buy quote (unchanged) … Read more
All Ords 8661 up 28 pts or 0.3%Animoca the star, and A4N holding up well.Portfolio performancesThe Superfund portfolio gained 1.9% as follows:A 17.6% rise in Animoca buying interest on Primary Markets (68¢, 80/83¢, $1.5b) added 1.8%. A 1.6% rise in Alpha (A4N, 98¢ up 1.5¢, $1.1b, daily, hrly) added 0.6%. A 3.0% rise in Besra … Read more
Newcastle, Saturday 23 NovemberPrice movements noted in this article are weekly not dailyIt’s still bitcoin.Government bondsThe yield of the 30-yr T-Bond (4.60 down 0.01%, wkly, daily) is losing its upward momentum.Fiat currenciesThe USD index (107.6 up 0.9 pts, wkly, daily) has made another high in its sharp short term uptrend. In doing so it broke … Read more
All Ords 8633 up 66 or 0.8%Not much happening. Waiting, always waiting, for recovery and redemption.Portfolio performancesThe Superfund portfolio rose 0.1%, taking the gain for the week to 0.1% and the return for the financial YTD to minus 3.6%. Movements today were as follows:A 1.0% rise in Alpha (A4N, 95.5¢ up 0.5¢, $1.1b, daily, hrly) … Read more
All Ords 8567 down 12 pts or 0.1%Unfortunately, it looks like A4N has failed to break through. No doubt it will have another go at some point but perhaps only after it completes its product offtake task. In the meantime it could weaken further.Portfolio performancesThe Superfund portfolio lost 0.5% as follows:A 32.8% rise in Andromeda … Read more
All Ords 8579.1 down 50 pts or 0.6%Nothing doing, today.Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 4.6% rise in Animoca on Primary Markets (68¢, 62/93¢, $1.3b) added 0.4%. Andromeda (ADN, 0.6¢, $22m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $207m diluted) was suspended on 1 March. Blue Star Helium (BNL, 0.5¢, … Read more
All Ords 8629 up 75 pts or 0.9%Boring!Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 0.5% rise in Alpha (A4N, 99¢ up 0.5¢, $1.1b, daily, hrly) added 0.2%. Animoca on Primary Markets (65¢, 57/93¢, $1.2b) last traded 14 Nov. Audio Pixels (AKP, $6.20, $181m or $207m diluted) was suspended on 1 March. Besra Gold (BEZ, … Read more
All Ords 8554 up 15 pts or 0.2%Nothing much doing today.Portfolio performancesThe Superfund portfolio gained 0.7% as follows:A 1.5% rise in Alpha (A4N, 98.5¢ up 1.5¢, $1.1b, daily, hrly) added 0.6%. A 5.9% rise in Besra Gold (BEZ, 7.2¢ up 0.4¢, $30m, daily, hrly) added 0.2%. Animoca on Primary Markets (65¢, 55/95¢, $1.2b) last traded … Read more
Newcastle, Saturday 16 NovemberPrice movements noted in this article are weekly not dailyIt looks like the rally in bond yields and the USD will continue.Gold has been affected adversely by the strength in the USD. But bitcoin has ignored that and has commenced another upleg on its rapid journey towards mainstream adoption and becoming a … Read more