All Ords 6900 up 14 pts or 0.2%Portfolio stocksElectro OpticAnnounced it is the prime contractor for a new $34.4m contract with the Australian Army for battlefield communications. The contract is within EOS’s Defence Systems division. But much of the work will be awarded by EOS to sub-contractors. I don’t believe this to be a matter … Read more
All Ords 6699 down 46 pts or 0.7%Thanks for your commentsThanks to those of you who have commented on this blog over the past two days, and apologies for not yet responding. I will do so in due course. But this is the last trading day of the financial year and I have been busy … Read more
All Ords 6624 up 99 pts or 1.5%Trading portfolioThe portfolio slipped 0.2%. Most stocks rose, some of them substantially, but unfortunately a fall in biggest holding SDV -6%, which by itself knocked 1.5% off the portfolio value, more than offset the gains elsewhere. Stocks that contributed most were ALC +8% then CAI +8%, FGR +2%, … Read more
Trading portfolio This morning I purchased a holding in Synlait Milk (SM1, $11.76 up 75¢, $2.1b) at $11.41 after it broke out yesterday. I also chanced my arm and bought back some Speedcast (SDA, $4.20 down $2.51 or 37%, $1.0b) at $4.53. I had been kicking myself for being knocked out of the stock at … Read more
Afterpay Absolutely riveting day watching Afterpay (APT) on the one minute chart after the company came out with a hugely positive update on trading conditions. The shares had already risen from $10.92 (yesterday’s close) to $11.04 on big volume in the first 3 minutes prior to a “Pre NR” trading halt at 10.03am (presumably an … Read more