Trading portfolio It is often the case that the portfolio has an inverse relationship with the market, and that certainly proved to be the case today. The portfolio’s return slipped 1.2%, taking the YTD fall to 2.6%. Most stocks in the portfolio fell, including the two biggest holdings AKP, down 3%, and EOS, down 4%. … Read more
Trading portfolio The portfolio managed a tiny rise of 0.3% today, taking the week’s gain to 0.1% and the YTD loss to 1.5%. There were few significant moves by any of the stocks. But one was Service Stream (SSM) which fell 9¢ or 7% to $1.29, below our cost of $1.34, and it traded down … Read more
Trading portfolio A poor day today for the portfolio. It was off 1.3% and took the YTD return to minus 1.8%. Main culprits were EOS down 11¢ or 4% to $2.85, and FGR down 0.5¢ or 5% to 9.3¢. AKP also slipped but it wasn’t material. Turning first to EOS, the stock actually dropped to … Read more
Trading portfolio The portfolio find ahead 0.6%, reducing the YTD loss to 0.4%. The main contributor was a 4.8% rise in AKP, to $17.40. Quite a few of the other stocks had small gains, but the other big holding EOS fell 1% and IMA fell 5%. There is a chance that AKP’s consolidation in the … Read more
Trading portfolio The portfolio slipped 0.5% today, taking the YTD total down to minus 1.0%. CPH pulled back 10% (no surprise there) and a number of other stocks fell by 3% to 5%. But the biggest holdings were either steady (AKP) or up marginally (EOS). There were no changes in prices sufficient to trigger any change … Read more
Trading portfolio The YTD return rose by 1.1% today, bringing the total to minus 0.5%. There was another big rise by CPH (up 12%) and MDL rose 6% but otherwise there were no significant movements. The further rise by Creso (CPH, 55¢ up 6¢, $32m) was dramatic, especially as it actually got as high as 67¢ … Read more
Trading portfolio The portfolio finished unchanged steady today. A 6% fall in EOS was offset by a number of gains, especially by CPH up 20%. Over the week the portfolio fell almost 1%, leaving the YTD return at minus 2%. Turning to the individual chart patterns most stocks look OK but if anything EOS at $2.92 looks … Read more
Trading portfolio Today I bought a lot more of the Bart stocks, being EOS at $3.12 and AKP at $16.50, because their charts are supportive, and because I love them. Yes, I know, always dangerous falling in love. But their potential is huge, vast, stupendous. Both are 10-baggers. On EOS, I am well advanced on … Read more
Trading portfolio I attended the AGM of AKP this morning and I enjoyed being able to catch up with the management. After an initial surge in price to $19.50 during the meeting, the shares then pulled back below yesterday’s close of $18 and accordingly on the way back home, in the train, I doubled up … Read more
Trading portfolio This morning I added to my position in the mineral sands sector. I completed the IMA order at 11¢ and doubled up at 11.5¢, and I also bought some MDL at 58¢. The performance today was very marginally down with numerous small losses offsetting a big rise in AKP. Audio Pixels (AKP, $18) I … Read more
Trading portfolio It was a better day today with the portfolio return up almost 1%. It was helped by a 19% rise in IMA, from 10.5¢ to 12.5¢, just a day after I bought them. At that stage the breakout was tentative only, but now it is well and truly confirmed. So my risk paid … Read more
Trading portfolio Today I bought two new stocks: Appen (APX, $3.65, $350m) at $3.65 Image Resources (IMA, 10.5¢, $56m) at 10.5¢ (order only partially filled). As a consequence the cash position fell from 29% to 25%. The portfolio slipped 0.8% in value today to take the YTD return to minus 1%, back to what it … Read more
Trading portfolio Was marginally down today. No big moves but there were more stocks down than up. AKP is hanging in there at $15.50, just. Had a look at buying DWS and also APX today but I decided to wait to see if they pull back a bit. I am inclined to buy more ALU. Nice to … Read more
Trading portfolio I sold out of a couple of smaller under-performers today: Sold BAU at 6.7¢ making a small loss. Had bought them in February at 7.2¢. Sold BOT at 4.8¢ making a big loss. Had bought them in April at 6.4¢. That brought the cash position up to 29%. The portfolio rose about 1% in … Read more
Trading portfolio The effect of any falls was marginally more than the effect of any rises, so a further small decline in the YTD return occurred today. There were no substantial moves either way. The big four holdings (EOS, FGR, ALU and AKP) still look OK, but some of the smaller holdings should be sold as they … Read more
Trading portfolio The trading portfolio was steady today, with falls offset by rises. The fall in AKP ($15.12, down 53¢) was disappointing because it broke a medium term uptrend. It now looks as if it will revisit that old support level around $14.40. In the meantime if it bounces closer to $16 I might sell … Read more
Trading portfolio This morning I sold out of LBT Innovations (LBT, 30¢ down 0.5¢, $42m) at 29¢ after it broke a support level. I had purchased them at the end of March at 32¢ so made a loss on the transaction. The portfolio slipped again today, with the YTD return falling 0.7%, to a negative 0.8%. … Read more
PHK research Today I posted elsewhere on this blog a detailed research report on Phoslock (PHK). Took me two weeks off and on, and I was pleased to see the end of it. Trading portfolio Down marginally again today but it did have a severe headwind in the form of the overall market being weak. Amazing!. … Read more
Trading portfolio Slightly down again and sitting just above zero return for the YTD. No significant movements. Materials for the new economy Nothing much new. Neometals (NMT, 25¢ down 1.5¢, $140m) has declined further. Not looking good after breaking support earlier this month. Pilbara Minerals (PLS, 39.5¢ down 2.5¢, $504m) is nearing short term support. … Read more
Trading portfolio Did three things today. Firstly I had to sell out of Benitec (BLT, 15.5¢, down 1.0¢) at 15.5¢ when it broke support. I had bought them at the same price some months ago. Secondly I bought into Alkane Resources (ALK, 28¢, up 2¢, $141m) at 27¢ after yesterday’s breakout. I tried to buy … Read more
Trading portfolio This morning I was forced to sell out of the biggest holding, Fastbrick Robotics (FBR, 10¢, $64m) at 10¢, thus making a loss of about 0.5¢ per share. Perhaps I should have sold them last week at 10.5-11.0¢, when they edged outside of the uptrend line, but I gave them the benefit of the … Read more
Trading portfolio I bought some more EOS today at $3.37, more than doubling the position. I had just come away from attending the AGM and couldn’t help myself. What a good story! I should add, though, that the stock finished the day at $3.23 down 9¢, so it seems no-one else was impressed. I suppose … Read more
Trading portfolio It’s death by a thousand cuts. Down another 0.7% today, affected mainly by a 0.5¢ or 4% fall in FBR to 11¢ and a 1.5¢ or 8% fall in BLT to 17¢. AKP fell a little too. I am getting a little concerned over FBT, to be frank. The stock has not performed … Read more
Trading portfolio Today I purchased some shares in Prime Media Group Ltd (PRT, 34¢, $125m) at 35¢ after they broke out a day or two ago. Not my usual sort of thing (they operate regional TV stations, in an industry in decline) but hey, the chart told me to buy them. View articles posted earlier in … Read more
Trading portfolio A small gain was made today, up 0.3%. The biggest contributor was AKP which rose $1.20 or almost 8% to $16.45, while elsewhere the performance was mixed. Once again both FBR and FGR – the biggest holdings – rose 0.5¢ during the day but finished unchanged at 11.5¢ and 10¢, respectively. On the … Read more
Trading portfolio Another down day, with fall the YTD return slipping to 3.2%, down 0.7%. Getting really embarrassing. MUS lurched down again but probably the biggest influence was a 0.5¢ fall in biggest holding FBR, to 11.5¢. LYC down 6% was another disappointment. FGR made a pretty positive announcement on its graphene production capacity but … Read more
Trading portfolio The portfolio actually increased its return today, up 0.6%. But overall for the week the YTD return declined 4.8% to a new low of 3.9%. The main positive influence today was a 0.5¢ or 4% rise in biggest holding FBR. Not that it changed the look of its chart much – it still needs to … Read more
Trading portfolio The portfolio slipped marginally today, down 0.4% and leaving the YTD return at 3.3%. Not something of which to be proud, especially after last years 55% bonanza. Three stocks (LNU +17%, AVZ +16% and MUS +10%) rose more than 10% and initially I thought the portfolio would be ahead, but then I remembered … Read more
Trading portfolio Yet another down day although a bit milder today, down 0.9% to a YTD return of under 4%. No big falls but there was quite a number of them, including bigger holdings FBR and FGR both down 0.5¢ or about 5%. At least the Fred Bart stocks rose, and LNG. I made a … Read more
Portfolio A dreadful day for the portfolio, with the YTD return down almost 3% to just under 5%. I was forced to sell both TAS at 18.5¢ and TLG at 69¢ and they closed at 18.0¢ and 65¢, respectively. Their purchase prices had been 21¢ and 52¢. Very disappointing. Big falls were experienced in quite … Read more