Sunday 3 April At the end of the week the portfolio was up some 16% over the financial YTD, ahead a little from the 14% increase as at 5 February when my previous posting was made. At that time the portfolio was 77% in cash with only three equity positions, being AKP, FIE and LIT. The portfolio has … Read more
Sunday 3 April We are now renting temporary accommodation in Newcastle and so I can resume posting articles on my blog.
Sunday 28 February I haven’t posted anything for some weeks as I have been too busy doing other things, including selling our house and trying to buy/rent elsewhere. When I emerge from this period of my life in a month or two, I will resume work on this blog and hope to expand it to … Read more
Saturday 6 February The value of the portfolio fell almost 4% last week, taking YTD gains down to 14%. Significant falls were suffered by most of the stocks. Much of the remaining portfolio was sold during the week, mainly on price breakdowns, leaving just two significant stocks, being AKP and LIT. The cash position is … Read more
Sunday 31 January The portfolio lost another 1% in value last week, to finish up 17% for the YTD. No transactions took place. Portfolio 160129 Price movements in week Graph of portfolio gains financial YTD
Sunday 24 January I sold a heap of stocks on Monday (BPF, BRN, PSZ, PXS, SMA, UBI and half the GMM) on the basis that most had tentatively broken support and also that the All Ords had broken its support. In the event the market has subsequently rallied. It looks like a market collapse has been … Read more
Sunday 17 January 2016 The portfolio lost a little ground last week, dropping just over 1% in value, which was not a bad performance given weak equity markets. During the week I sold the holding in BIG and bought into MNS. Portfolio 160115 Price movements in week Graph of portfolio gains financial YTD I will have … Read more
Monday 11 January I purchased some MNS this morning at 41¢ on the basis that on Friday they had broken their short term downtrend within the medium term uptrend. Today they finished at 42¢. I include below today’s chart. A brief summary of the fundamentals can be found by clicking on this MNS 160111 link. .
Saturday 9 January The portfolio fell almost 2% in value during the week, to be up 21% for the financial year to date. Falls were made in the stocks I sold (see earlier post) and in fact most other portfolio stocks as well , but so far the portfolio has withstood the broader weakness in … Read more
Saturday 9 January During the week I made the following transactions: Sold the ICU holding at 17¢ on a break of trend, making a small loss on the purchase at 20¢ in early December. Sold half the FIE holding at 6.8¢ on a break of short term trend, making a good profit on the purchase at … Read more
Thursday 31 December The portfolio rose a little during the week, up 2%, and bringing the gains for the financial YTD to 23%. Good gains were made by C88, FCN, PXS and GMM but these were partly offset by falls elsewhere, including LIT. Biggest holdings remain AKP (16% of the portfolio) and GMM (14%). The … Read more
Wednesday 30 December Yesterday soon after the market opened I purchased shares in BPF at 44¢, in LIT at 21¢ and in PXS at 31¢. They finished the day at 45¢, 17.5¢ (ouch!) and 33¢. I had held shares in Bulletproof Group Ltd (BPF, price 45¢, mkt cap $70m) previously and in fact had sold them … Read more
Friday 25 December Yes, it’s Christmas day but I have an hour or so to spare from the festivities and feasting to do what I also like to do, which is to post articles on this blog. The portfolio did quite well during the week, up 3% and bringing the gains for the YTD to 21%. … Read more
Thursday 24 December. I bought myself what will hopefully be a nice Christmas present, being more shares in General Mining (GMM). The shares had just popped to a new high of 23¢ and that is where I bought them. The previous high had been 22¢ in October. I am ignoring the earlier high of 23¢ reached … Read more
Sunday 20 December The portfolio lost 3% last week with most stocks falling modestly in price, including the five stocks sold during the week. Unfortunately most of these actually rose above my selling price by the end of the week. Cash now accounts for 44% of the portfolio value, then AKP 17%. The other stocks … Read more
Wednesday 16 December Today I sold out of four stocks on the basis that they had broken support or were not going anywhere. BFP (Bulletproof) sold at 38.5¢, purchased at average 25¢. CPM (Compumedics) sold at 39¢, purchased at 42¢ FGR (First Graphite) sold at 5.5¢, purchased at average 6.4¢ SSM (Service Stream) sold at … Read more
Today shares in digital speech and language technology company Appen (APX) clearly broke a well established 4 month uptrend line so I sold the holding at $1.68, making a useful profit on the purchase at $1.49 almost a month ago. The shares finished the day at $1.70.
Friday 11 December There was very little change in the portfolio gains YTD for the second consecutive week, with a number of small gains and losses cancelling each other out. There were no purchases during the week while sales were undertaken in MLM and TCH. The week finished with cash standing at 17% of the portfolio … Read more
Friday 11 December Today I sold out of MLM at 8.5¢, making a useful profit on my purchase at 6.2¢ last month. The shares had broken down out of a short term uptrend line a few days ago, and yesterday’s announcement on the graphite grades did not excite me.
Monday 7 December Today I sold the remaining TCH at $2.09.
Sunday 6 December The value of the portfolio did not change during the week. Gains in GMM up 40%, FIE up 13% and BRN up 12% were offset by losses in RYG down 15%, MLM down 14% and PSY down 14%. I note that those I sold during the week (PSY, RYG) finished higher, and the one I … Read more
Thursday 3 December PSY was sold at 15¢, well below the 22.7¢ I paid in September; RYG was sold at 4.5¢, a good profit on the 3.0¢ I paid in November; TCH was sold at $2.09, a small profit on the $1.90 I paid in October; the order was not completed because the price fell below … Read more
Sunday 29 November The portfolio was ahead marginally last week, after a decline in key stocks on Friday left YTD gains at 22% (on Thursday YTD gains were almost 25%). Good gains over the week were made by BPF (up 32%) and MLM (up 22%), while AKP, BRN and MTA each fell more than 10%. During the … Read more
Thursday 26 November Sold half the GMM at 15¢ and most of the SOR at 19.5¢, making a small loss on both, in order to make room for purchases. Bought into Compumedics (CMP, price 42¢, mkt cap $71m) at 42¢ based on a price breakout. Its business is selling small devices to measure brain patterns to … Read more
Wednesday 25 November Today I sold out of graphite hopeful Metals Of Africa (MTA) at 6.4¢ and bought into cyber security firm PS&C Ltd (PSZ) at $1.14. I had bought MTA at 7.3¢ earlier this month but it had lost short term momentum and I needed to free up some cash for some planned purchases. The … Read more
Saturday 21 November The portfolio did quite well during the week, up 2.8%, taking financial YTD gains to 22%. A gain of over 50% was made by FIE, while gains of over 10% were made by MLM, TCH and SMA. Purchases were made in APX (which was actually a repurchase, at the same price, of a holding … Read more
Wednesday 18 November Today I sold out of ADV at 1.4¢, making a minor profit on the purchase at 1.3¢ last month. I felt the stock had lost momentum. Also today, I bought back the APX shares I sold a week ago, at the same price of $1.49. After reflection, I now consider that the … Read more
Friday 13 November During the week AJM, APX, IPD and ISX were sold, while purchases were made in AKP (adding to the existing holding), BRN (buying back some of what was sold in the previous week), CL8, FIE, MTA and RYG. GMM was sold \then repurchased, while AJM was sold, repurchased and sold once more. So … Read more
Friday 13 November Today I drew the shameful story of AJM to a close, selling out once more at 4.3¢, i.e.at a loss. It hit 4.0¢ after that but finished the day at 4.5¢. I had thought about hiding this one from you but no, this blog tells it all, warts and all. I bought … Read more
Thursday 12 November I seem to be running harder and harder with investments, churning and burning and churning and winning. It seems not a day goes past without two or more transactions, and today it was five! I am almost a day trader. I probably should take a step back, but I am hooked by the … Read more