Graeme NewingAll Ords 8170 down 173 pts or 2.1%There was no escaping the market weakness.Portfolio performancesThe Superfund portfolio fell 1.5%, taking the gain for the week to 2.0% and the return for the financial YTD to minus 3.9%. Movements today were as follows:Animoca on Primary Markets (65¢, 55/65¢, $1.3b) last traded 26 July. Audio Pixels (AKP, … Read more
All Ords 8344 up 23 pts or 0.3%BEZ was the star today. I comment on why it was so, and also I review BNL and RDM following their quarterlies released yesterday.Portfolio performancesThe Superfund portfolio gained 1.8% as follows:A 44.9% rise in Besra Gold (BEZ, 8.7¢ up 2.7¢, $36m, daily, hrly) added 1.6%. A 10.5% rise … Read more
All Ords 8340 up 144 pts or 1.8%Quarterlies were lodged today by A4N, ADN, AKP, BEZ, BNL and RDM. I tackled them in alphabetical order and covered A4N, ADN, AKP and BEZ but ran out of time to look at BNL and RDM. Will do them later in the week.Portfolio performancesThe Superfund portfolio lost 0.4% … Read more
All Ords 8177 down 48 pts or 0.6%Quarterlies due tomorrow include those from all the ASX-listed stocks in the portfolios, a measure perhaps of their lowly status in that one could argue that they have left it to the last day in case good news comes through. AKP is the classic example.Portfolio performancesThe Superfund portfolio … Read more
All Ords 8224 up 71 pts or 0.9%Nothing much to report today, in the calm before the quarterly storm.Portfolio performancesThe Superfund portfolio gained 1.3% as follows:A 4.4% rise in Alpha (A4N, 83¢ up 3.5¢, $942m or $956m diluted, daily, hrly) added 1.3%. A 16.4% rise in Blue Star Helium (BNL, 0.7¢ up 0.1¢, $14m, daily, … Read more
Newcastle, Saturday 27 JulyPrice movements noted in this article are weekly not dailyThe feature this week is the weak AUD.Government bondsThe yield of the 30-yr T-Bond (4.46% even, wkly, daily) continues to hold above support at around 4.40%. I still think the weakness will resume at some point.Fiat currenciesThe USD index (104.31 down 0.08 pts, … Read more
All Ords 8153 up 59 pts or 0.7%A better day, and quarterlies next week.Portfolio performancesThe Superfund portfolio rose 2.0%, taking the loss for the week to 0.1% and the return for the financial YTD to minus 5.8%. Movements today were as follows:A 29.6% rise in Besra Gold (BEZ, 7.0¢ up 1.6¢, $29m, daily, hrly) added … Read more
All Ords 8094 down 111 pts or 1.4%Atishoo, atishoo, all fall down.Portfolio performancesThe Superfund portfolio lost 2.5% as follows:A 5.9% rise in Besra Gold (BEZ, 5.4¢ up 0.3¢, $23m, daily, hrly) added 0.2%. Audio Pixels (AKP, $6.20, $181m or $196m diluted) has been suspended since 1 March. Blue Star Helium (BNL, 0.6¢, $12m, daily, hrly) … Read more
All Ords 8206 down 3 pts onlyContains commentary on PEK and SDV following their announcements.Portfolio performancesThe Superfund portfolio gained 0.7% as follows:A 19.6% rise in Blue Star Helium (BNL, 0.6¢ up 0.1¢, $12m, daily, hrly) added 0.6%. A 1.3% rise in Alpha (A4N, 80.5¢ up 1¢, $913m or $927m diluted, daily, hrly) added 0.4%. Animoca … Read more
All Ords 8209 up 42 pts or 0.5%BEZ has seemingly lost all investor credibility.Portfolio performancesThe Superfund portfolio lost 0.8% as follows:Alpha (A4N, 79.5¢, $902m or $916m diluted, daily, hrly) closed unchanged. Animoca on Primary Markets (70¢, 59/70¢, $1.3b) last traded 22 July. Audio Pixels (AKP, $6.20, $181m or $196m diluted) has been suspended since 1 … Read more
All Ords 8166 down 43 pts or 0.5%Little to report today.Portfolio performancesThe Superfund portfolio gained % s follows:A 7.7% rise in Animoca on Primary Markets (70¢ up 5¢, 59/70¢, $1.3b) added 0.8%. A 9.5% rise in Andromeda (ADN, 2.3¢ up 0.2¢, $72m, daily, hrly) added 0.6%. Audio Pixels (AKP, $6.20, $181m or $196m diluted) has … Read more
Newcastle, Saturday 20 JulyPrice movements noted in this article are weekly not dailyEverything went a bit awry on FridayGovernment bondsThe yield of the 30-yr T-Bond (4.45% up 0.05%, wkly, daily) marked time this week. It continued its fall initially but on Friday it rallied to close slightly ahead over the week. The major uprend broke … Read more
All Ords 8209 down 64 pts or 0.8%Another quiet day. The calm before the quarterly storm.Portfolio performancesThe Superfund portfolio fell 0.8%, taking the loss for the week to 2.5% and the return for the financial YTD to 5.7%. Movements today were as follows:A 1.2% rise in Alpha (A4N, 81¢ up 1¢, $919m or $933m diluted, … Read more
All Ords 8273 down 31 pts or 0.4%A short one today.Portfolio performancesThe Superfund portfolio lost 1.5% as follows:A 4.5% rise in Andromeda (ADN, 2.3¢ up 0.1¢, $72m, daily, hrly) added 0.3%. Animoca on Primary Markets (65¢, 61/65¢, $1.2b) last traded 12 July. Audio Pixels (AKP, $6.20, $181m or $196m diluted) was suspended on 1 March. … Read more
All Ords 8303 up 60 pts or 0.7%It was a zero wash with a big rise in ADN offset by an equally big fall in BEZ. I comment on both announcements below and trust that in due course ADN can rise further and that BEZ can recover.Portfolio performancesThe Superfund portfolio broke even as follows:A 29.2% … Read more
All Ords 8247 down 16 pts or 0.2%Nothing much happening.Portfolio performancesThe Superfund portfolio rose 1.0% as follows:A 2.5% rise in Alpha (A4N, 82¢ up 2¢, $930m, daily, hrly) added 0.5%. A 6.2% rise in Andromeda (ADN, 1.7¢ up 0.1¢, $53m, daily, hrly) took 0.3%. Animoca on Primary Markets (65¢, 61/68¢, $1.2b) last traded 12 July. … Read more
All Ords 8262 up 56 pts or 0.7%My work with PET is taking most of my time these days so unfortunately I am not able to spend much time on these reports.Portfolio performancesThe Superfund portfolio lost 1.1% as follows:Animoca on Primary Markets (65¢, 61/70¢, $1.2b) last traded 12 July. Audio Pixels (AKP, $6.20, $181m or … Read more
Newcastle, Saturday 13 JulyPrice movements noted in this article are weekly not dailyEquities bull markets in full swing as bond yields fall.Government bondsThe yield of the 30-yr T-Bond (4.40% down 0.07%, wkly, daily) fell a little further. My view remains that yields are on the way down.Fiat currenciesThe USD index (104.09 down 0.78 pts, wkly, … Read more
All Ords 8206 up 73 pts or 0.9%Am running out of different ways to say BORING and QUIET.Portfolio performancesThe Superfund portfolio rose 0.2%, taking the loss for the week to 1.4% and the return for the financial YTD to minus 3.3%. Movements today were as follows:An 8.3% rise in Animoca on Primary Markets (65¢ up … Read more
All Ords 8133 up 75 pts or 0.9%Nothing happening.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:A 16.4% rise in Blue Star Helium (BNL, 0.7¢ up 0.1¢, $14m, daily, hrly) added 0.6%. A 2.9% rise in Red Metal (RDM, 17.5¢ up 0.5¢, $52m or $62m diluted, daily, hrly) added 0.1%. Animoca on Primary Markets (60¢, 60/75¢, … Read more
All Ords 8058 down 17 pts or 0.2%Focus on MEI.Portfolio performancesThe Superfund portfolio lost 1.7% as follows:A 13.2% rise in Andromeda (ADN, 1.7¢ up 0.2¢, $53m, daily, hrly) added 0.5%. Animoca on Primary Markets (60¢, 60/75¢, $1.3b) last traded yesterday. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains suspended. Besra Gold (BEZ, 9.9¢, $41m … Read more
All Ords 8075 up 63 pts or 0.8%The extended bear market in stocks looking to mine raw materials for electric vehicles grinds on, with China being the main protagonist. Whether it be graphite, nickel, lithium, or rare earths players.Portfolio performancesThe Superfund portfolio gained 0.1% as follows:A 1.1% rise in Alpha (A4N, 90¢ up 1¢, $1.02b … Read more
All Ords 8012 down 58 pts or 0.7%RDM fundamentals are looking good and at some point this will be recognised by investors.Portfolio performancesThe Superfund portfolio gained 0.8% as follows:A 2.9% rise in Alpha (A4N, 89¢ up 2.5¢, $1.01b or $1.03b diluted, daily, hrly) added 0.9%. A 6.2% rise in Red Metal (RDM, 17¢ up 1¢, … Read more
Newcastle, Saturday 6 JulyPrice movements noted in this article are weekly not dailyBond yields have resumed their fall and this is having a positive impact on equity prices.Government bondsThe yield of the 30-yr T-Bond (4.47% down 0.03%, wkly, daily) rallied further on Monday then pulled back sharply to close down on the week. In my … Read more
All Ords 8070 down 9 pts or 0.1%Animoca finally fell.Portfolio performancesThe Superfund portfolio fell 3.0%, taking the loss for the week to 1.9% and the return for the financial YTD to minus 1.9%. Movements today were as follows:Andromeda (ADN, 1.7¢, $53m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains suspended. … Read more
All Ords 8079 up 93 pts or 1.2%Still nothing much happening.Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 13.2% rise in Andromeda (ADN, 1.7¢ up 0.2¢, $53m, daily, hrly) added 0.5%. Animoca on Primary Markets (80¢, 56/75¢, $1.5b) last traded 27 June. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains suspended. Besra Gold (BEZ, … Read more
All Ords 2986 up 26 pts or 0.3%Nothing much to add today.Portfolio performancesThe Superfund portfolio lost 0.6% as follows:A 3.1% rise in Red Metal (RDM, 16.5¢ up 0.5¢, $49m or $59m diluted, daily, hrly) added 0.1%. Animoca on Primary Markets (80¢, 56/75¢, $1.5b) last traded 27 June. Audio Pixels (AKP, $6.20, $181m or $196m diluted) … Read more
All Ords 7960 down 33 pts or 0.4%The quietest day ever!Portfolio performancesThe Superfund portfolio broke even because none of the holdings changed in price. In more detail:Alpha (A4N, 89.5¢, $1.0b, daily, hrly) closed unchanged. Animoca on Primary Markets (80¢, 56/80¢, $1.5b) last traded 27 June. Andromeda (ADN, 1.6¢, $50m, daily, hrly) closed unchanged. Audio Pixels … Read more
All Ords 7992 down 22 pts or 0.3%A good start to the financial year.Portfolio performancesThe Superfund portfolio gained 1.7% as follows:A 3.5% rise in Alpha (A4N, 89.5¢ up 3¢, $1,015m or $1,030m diluted, daily, hrly) added 1.1%. A 0.6% rise in Blue Star Helium (BNL, 0.8¢ up 0.1¢, $15.5m or $16.2m diluted, daily, hrly) added … Read more
Newcastle, Saturday 29 JunePrice movements noted in this article are weekly not dailyLittle new to reportGovernment bondsThe yield of the 30-yr T-Bond (4.50% up 0.10%, wkly, daily) is consolidating after previously breaking its 4-yr uptrend. It is likely that we’ll see a further fall in yield in due course.Fiat currenciesThe USD index (105.87 up 0.07 … Read more