All Ords 7621 up 62 pts or 0.8%The weakness in SDV has provided a good buy level.And I comment below on CXL’s proposal for zero-emissions sea freight.Portfolio performancesThe Superfund portfolio gained 0.1% as follows:A 7.3% fall in SciDev (SDV, 38¢ down 3¢, $72m, daily, hrly) took 1.5%. A 4.8% rise in Alpha (A4N, 66¢ up … Read more
All Ords 6627 up 77 pts or 1.2%Trading portfolioA further 6% fall in SciDev shares (SDV, 24¢ down 1.5¢) knocked 3.0% from portfolio value. The decline occurred in the last hour of trade during which the shares touched 23¢. There is good support at 22.5¢ and as long as the stock does not trade below … Read more
All Ords 6184 up 13 pts or 0.2%Trading portfolioThe portfolio fell 0.4% today, the main influences being BRB -3%, BID -4%, ATU -3% and GOR -3%. Best on the positive side were CUV +4% (it made another new high) and CYL +4%.I find it interesting that most of the gold stocks fell despite the rise … Read more
Trading portfolio It was a huge day for the trading portfolio with it being up 1.8%, taking the YTD return to 4.1%. Big rises in declining order of importance were seen in APX +12%, NEA +7%, OTW +20%, APT +9% and FGROC +17%. The only significant negative was TER -6%. Result announcements were made this … Read more