All Ords 7019 up 4ptsPortfolio transactionsThis morning I sold half the Noxopharm holding (NOX, 67¢ down 2¢, $187m, daily, hourly) at 67¢, making a small profit on the 61¢ paid in January. With the proceeds I added to the Calix holding (CXL, $2.18 down 9¢, $324m, daily, hourly) at $2.30. I was influenced by Canaccord … Read more
All Ords 6947 down 53 pts or 0.8%Portfolio transactionsThis morning I sold out of PEC and bought more E25. I had wanted to increase the E25 holding after the breakout yesterday and having reminded myself of the fundamentals, but I had to sell something to do so and felt this was the best way to … Read more
All Ords 7068 up 58 pts or 0.8%Portfolio transactionsBreakouts portfolioThis morning I bought into Digital Wine Ventures (DW8, 8¢ up 0.2¢ or 2.6%, $133m, daily, hourly) at 8¢. I had identified it as a breakout some weeks ago. It has a platform facilitating the distribution of wine by wholesalers.Main Superfund portfolioThis afternoon I bought more … Read more
All Ords 7010 down 33 pts or 0.5%Portfolio transactionsBreakouts portfolioThis morning I sold out of a few stocks that did not seem to be going anywhere (BCI, JRL, PGH and RAN). I also bought into one of yesterday’s breakouts (MX1) and bought back a stock I probably should not have sold (E25).BCI Minerals (BCI, 30.5¢ … Read more
All Ords 7106 up 56 pts or 0.8%Portfolio transactionsNone today.Superfund portfolio performanceThe portfolio rose 0.9%. Main influences were:A 8.9% rise in Alpha (A4N, 49¢ up 4¢, $339m, daily, hourly) added 0.6%.A 6.8% rise in Andromeda (ADN, 31.5¢ up 2¢, $678m, daily, hourly) added 0.4%.A 1.3% fall in Audio Pixels (AKP, $27.00 down 35¢, $775m, daily, … Read more
All Ords 7062 down 2 ptsPortfolio transactionsI sold out of a couple of stocks this morning in the Superfund breakouts portfolio (AVZ and SFX) in order to pay a pension (the fund has to pay out a proportion of its assets each year) and to make room for three new acquisitions and recent breakouts (PGH, … Read more
All Ords 7122 down 12 pts or 0.2%TransactionsNone today.Superfund portfolio performanceThe main portfolio scarcely changed in value; a big move in AKP was offset by a modest fall in SDV. In more detail, the stocks performed as follows:A 9.6% rise in Audio Pixels (AKP, $29.49 up $2.59, $846m, daily, hourly) added 1.2%.A 3.3% fall in … Read more
All Ords 7134 up 32 pts or 0.5%Superfund portfolioBreakout transactionsThis morning I sold just over 1% of the SciDev holding (SDV, 75.5¢ down 1.5¢, $116m) at 75¢, making a good profit on the 7¢ it cost in March 2019 although not so much on the 58¢ marked to market at 30 June 2020.With the proceeds … Read more
All Ords 7079 down 28 pts or 0.4%Superfund portfolioPerformanceThe portfolio rose 0.7%, taking the gain for the week to 1.3% and the YTD return to 23.1%. Main features today:A 6.4% rise in Audio Pixels (AKP, $25.19 up $1.52, $723m, daily, hourly) added 0.7%.A 5.1% rise in Alpha (A4N, 41¢ up 2¢, $284m, daily, hourly) added … Read more
All Ords 6893 up 47 pts or 0.7%Superfund portfolioPerformanceThe portfolio gained 0.8% as follows:A 1.3% rise in SciDev (SDV, 79¢ up 1¢, $121m, daily, hourly) added 0.5%.A 5.5% rise in Andromeda (ADN, 29¢ up 1.5¢, $624m undiluted, daily, hourly) added 0.3%A 3.1% fall in Alpha (A4N, 31.5¢ down 1¢, $218m, daily, hourly) took 0.1%Movements in … Read more
All Ords 6917 up 50 pts or 0.7%Portfolio stocksThe hourly chart has given me some faint hope that AKP has seen the bottom of the correction, but I would feel a lot better if it gets above $25. What we are all waiting for, of course, is an update on the speaker chip. The impatient … Read more
All Ords 6917 down 48 pts or 0.7%Portfolio stocksAndromedaI paid a visit to Professor Vinu at the university this afternoon. He proudly showed me his very impressive nanotech laboratory facilities and was able to clarify a few points. But he very correctly did not tell me anything confidential about his work for ADN/MEP.The rise in … Read more
All Ords 6812 up 70 pts or 1.0%Portfolio stocksAndromeda (ADN) and Minotaur (MEP)I spent some time today redoing my financial model of the Great White project (at least that part of it in the Poochera/Streaky Bay area) to take into account the various potential products for the four market areas so far identified: porcelain, coatings, … Read more
All Ords 6888 up 32 pts or 0.5%Portfolio stocksVaccineIt is stating the obvious to say that the widespread availability of a vaccine will transform business conditions for PET and to a lesser extent for AKP, EOS and SDV, and it will make life easier for all the companies in the portfolios.PhoslockYou have probably noticed I … Read more
All Ords 6856 up 84 pts or 1.2%Portfolio stocksElectro Optics (EOS)The company presented on its Spacelink communications business this morning and I have to say I was impressed with the information provided and with the presenters, who apart from Ben Green were Glen Tindall (CEO Communications Systems) and Neil Carter (Chief Strategy Officer) whom I … Read more
All Ords 6743 up 16 pts or 0.2%Portfolio stocksAlpha HPA (A4N, 34¢ down 1¢, $235m, daily)I “attended” the A4N AGM today, partly because I hadn’t seen Rimas Kairaitis in action before (but I was familiar with Norm Seckold and Peter Nightingale from way back) and partly to see what new information would be available (there … Read more
All Ords 6397 down 39 pts or 0.6%Superfund portfolioThe portfolio rose 1.7% as follows:Phoslock shares (PET, 24.5¢, $153m) have been suspended since 17 September.A 0.6% rise in SciDev shares (SDV, 78¢ up 0.5¢, $119m, daily, hourly) added 0.2%.A 3.0% rise in Audio Pixels shares (AKP, $29.75 up 86¢, $854m, daily, hourly) added 0.5%.Movements in other … Read more
All Ords 6385 down 29 pts or 0.5%Superfund portfolioThe portfolio lost 1.3% in value, reducing the gain for the week to 4.8% and the financial YTD return to 16.5%. Main features today were:Phoslock shares (PET, 24.5¢, $153m) have been suspended since 17 September.A 3.2% fall in SciDev shares (SDV, 76.5¢ down 2.5¢, $116m, daily, hourly) … Read more
All Ords 6306 up 66 pts or 1.1%Superfund portfolioThe portfolio lost 0.3% in value as follows:Phoslock shares (PET, 24.5¢, $153m) remain in suspension.A 1.5% fall in SciDev shares (SDV, 66¢ down 1¢, $100m, daily, hourly) took 0.5%.A 1.2% fall in Audio Pixels shares (AKP, $28.75 down 5¢, $825m, daily, hourly) took 0.2%.Movements in other stocks … Read more
All Ords 6069 up 60 pts or 1.0%Portfolio transactionsAfter the surge this morning in Alpha HPA shares (A4N, 29.5¢ up 5¢, $201m, weekly, daily, hourly) I decided that I did not have a big enough holding so I more than doubled up at 27.5¢. My existing Superfund holding was purchased in July at 23¢ and … Read more
All Ords 6752 up 24 pts or 0.4%Trading portfolioSciDev (SDV, 28.5¢ even, $31m)The stock was placed in a trading halt prior to the open, pending completion of a capital raising. I guess it was not a complete surprise, given the task of funding the rapid growth, but I had assumed it would occur in the … Read more