All Ords 8317 down 98 pts or 1.2%I apologise for not publishing a post on this blog yesterday. Would you believe I forgot to put my laptop in my bag when I took the train down to Sydney to stay overnight there before the AGM today, and I was too tired to do it on … Read more
All Ords 8519 down 34 pts or 0.4%The rise in BNL is probably not sustainable in the short term.Portfolio performancesThe Superfund portfolio gained 0.5% as follows:A 64.5% rise in Blue Star Helium (BNL, 0.5¢ up 0.2¢, $14m, daily, hrly) added 1.2%. Alpha (A4N, 96¢, $1.1b, daily, hrly) closed unchanged. Andromeda (ADN, 0.6¢, $34m, daily, hrly) … Read more
All Ords 8422 down 17 pts or 0.2%Quarterlies galore.Portfolio performancesThe Superfund portfolio lost 0.2% as follows:A 0.5% rise in Alpha (A4N, $1.025 up 0.5¢, $1.2b, daily, hrly) added 0.2%. Animoca on Primary Markets (60¢, 48/58¢, $1.2b) last traded 7 Oct. Audio Pixels (AKP, $6.20, $181m or $207m diluted) was suspended on 1 March. Besra Gold … Read more
All Ords 8538 up 62 pts or 0.7%I make some biting comments on BEZ that are perhaps influenccd by the fact that I have had a long day at work for PET.Portfolio performancesThe Superfund portfolio gained 0.5% as follows:A 1.4% rise in Alpha (A4N, $1.105 up 1.5¢, $1.3b, daily, hrly) added 0.5%. A 4.0% rise … Read more
All Ords 7859 down 311 pts or 3.8%The huge fall in the overall market slaughtered me today.Portfolio performancesThe Superfund portfolio lost 3.9% as follows:A 19.6% rise in Blue Star Helium (BNL, 0.6¢ up 0.1¢, $12m, daily, hrly) added 0.6%. A 6.9% rise in Besra Gold (BEZ, 9.3¢ up 0.6¢, $39m, daily, hrly) added 0.4%. Andromeda … Read more
All Ords 8344 up 23 pts or 0.3%BEZ was the star today. I comment on why it was so, and also I review BNL and RDM following their quarterlies released yesterday.Portfolio performancesThe Superfund portfolio gained 1.8% as follows:A 44.9% rise in Besra Gold (BEZ, 8.7¢ up 2.7¢, $36m, daily, hrly) added 1.6%. A 10.5% rise … Read more
All Ords 8340 up 144 pts or 1.8%Quarterlies were lodged today by A4N, ADN, AKP, BEZ, BNL and RDM. I tackled them in alphabetical order and covered A4N, ADN, AKP and BEZ but ran out of time to look at BNL and RDM. Will do them later in the week.Portfolio performancesThe Superfund portfolio lost 0.4% … Read more
All Ords 8303 up 60 pts or 0.7%It was a zero wash with a big rise in ADN offset by an equally big fall in BEZ. I comment on both announcements below and trust that in due course ADN can rise further and that BEZ can recover.Portfolio performancesThe Superfund portfolio broke even as follows:A 29.2% … Read more
All Ords 8014 up 11 pts or 0.1%A disheartening financial year has drawn to a close. Hopefully the upcoming new year will see some positives emerge.Portfolio performancesThe Superfund portfolio rose 0.5%, taking the loss for the week to 4.0% and the return for the financial year to minus 38.4%. Movements today were as follows:A 16.4% … Read more
All Ords 7499 down 31 pts or 0.4%Moment of truth for BEZ?Portfolio performancesThe Superfund portfolio gained 0.9% as follows:A 2.9% rise in Alpha (A4N, 88.5¢ up 2.5¢, $889m or $1,045m diluted, daily, hrly) added 0.9%. Animoca on Primary Markets (99¢, 65/85¢, $1.9b) last traded 14 June. Audio Pixels (AKP, $6.20, $181m or $196m diluted) remains … Read more
All Ords 8082 down 68 pts or 0.8%A good day for once, hopefully heralding more to come.Portfolio performancesThe Superfund portfolio rose 1.4%, taking the gain for the week to 1.9% and the return for the financial YTD to minus 33.7%. Movements today were as follows:A 4.2% rise in Alpha (A4N, $1.00 up 4¢, $934m or … Read more
All Ords 8021 up 25 pts or 0.3%BEZ was the feature of the day but I am not sure the strength is sustainable in the short term.Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 14.1% rise in Besra Gold (BEZ, 10.5¢ up 1.3¢, $44m or $49m diluted, daily, hrly) added 0.7%. Animoca on Primary Markets … Read more
All Ords 7832 down 100 pts or 1.3%Nice not having to deal with all those quarterlies.Portfolio performanceThe Superfund portfolio lost 2.4% as follows:A 6.7% rise in Besra Gold (BEZ, 9.6¢ up 0.6¢, $40m or $45m diluted, daily, hrly) added 0.3%. Animoca on Primary Markets (90¢, 90/98¢, $1.7b) last traded 30 Apr. Audio Pixels (AKP, $6.20, … Read more
All Ords 7932 up 25 pts or 0.3%Dealt with 9 quarterlies plus the PET stuff so am now feeling my age.And as half expected, AKP is still not able to demonstrate its Gen II speaker chip.Portfolio performancesThe Superfund portfolio lost 0.7% as follows:A 14.1% rise in Blue Star Helium (BNL, 0.8¢ up 0.1¢, $15.5m or … Read more
All Ords 7938 evenAn even quieter day.Portfolio performancesThe Superfund portfolio gained 0.2% as follows:A 0.9% rise in Alpha (A4N, $1.00 up 1¢, $1.03b or $1.05b diluted, daily, hrly) added 0.3%. Animoca on Primary Markets ($1.00, $0.90/0.98, $1.9b) last traded 19 April. Andromeda (ADN, 1.9¢, $59m, daily, hrly) closed unchanged. Audio Pixels (AKP, $6.20, $181m or … Read more
All Ords 7902 up 85 pts or 1.1%BEZ in the doldrums.Portfolio performancesThe Superfund portfolio gained 0.2% as follows:A 6.2% rise in Andromeda (ADN, 1.7¢ up 0.1¢, $53m, daily, hrly) added 0.2%. A 3.1% rise in Red Metal (RDM, 16.5¢ up 0.5¢, $49m or $59m diluted) added 0.1%. Alpha (A4N, $1.09, $1.02b or $1.04b diluted, daily, … Read more
All Ords 8154 up 80 pts or 1.0%I completed this report on Good Friday as I ran out of time on Thursday. It contains comments on A4N, BEZ and BNL, and also on the rare earths sector.Portfolio performancesThe Superfund portfolio fell 0.9%, taking the loss for the week to 2.8% and the return for the … Read more
All Ords 8074 up 37 pts or 0.5%Coming to grips with BEZPortfolio transactionsThis afternoon the Superfund sold out of the ARR position at 23¢, making a significant loss on the 41.5¢ paid on 19 Feb, and with the proceeds bought REM at 16.5¢ thus adding to the small parcel bought at 18¢ on 15 March. … Read more
All Ords 8037 down 35 pts or 0.4%BEZ share price weakness is a concern.Portfolio performancesThe Superfund portfolio gained 0.3% as follows:A 32.8% rise in Blue Star Helium (BNL, 0.8¢ up 0.2¢, $15m or $16m diluted, daily, hrly) added 1.1%. A 3.0% rise in Alpha (A4N, 86¢ up 2.5¢, $803m or $818m diluted, daily, hrly) added … Read more
All Ords 7926 down 48 pts or 0.6%Good to see A4N recover.PET did not take up much of my time today so I was able to spend some hours on RDM, which was great. So RDM is the main focus of today’s report.But I had to complete and publish this report on Saturday morning because … Read more
All Ords 7974 down 16 pts or 0.2%A better day. And I managed to find time to do a bit of work on BEZ and RDM.Portfolio performancesThe Superfund portfolio gained 2.7% as follows:A 10.2% rise in Alpha (A4N, 86.5¢ up 8¢, $808m or $818m diluted, daily, hrly) added 2.7%. A 3.7% rise in Besra Gold … Read more
All Ords 7997 down 11 pts or 0.1%Suddenly everything is green. Can it last?Portfolio performancesThe Superfund portfolio gained 2.0% as follows:A 10.7% rise in Andromeda (ADN, 3.1¢ up 0.3¢, $96m, daily, hrly) added 0.7%. An 8.3% rise in Blue Star Helium (BNL, 1.3¢ up 0.1¢, $25m or $26m diluted, daily, hrly) added 0.5%. A 1.8% … Read more
All Ords 7791 down 57 pts or 0.7%Focus on BEZ and BNL following announcements.Portfolio performancesThe Superfund portfolio gained 0.2% as follows:An 18.0% rise in Blue Star Helium (BNL, 1.3¢ up 0.2¢, $25m or $26m diluted, daily, hrly) added 1.0%. Animoca on Primary Markets (85¢, 80/110¢, $1.6b) traded unchanged. Besra Gold (BEZ, 15¢, $63m or $70m … Read more
All Ords 7748 up 6 pts or 0.1%A quiet day but with a touch of green appearing.Portfolio performancesThe Superfund portfolio gained 0.1% as follows:A 6.2% rise in Besra Gold (BEZ, 14.5¢ up 1¢, $61m or $68m diluted, daily, hrly) added 0.4%. A 1.1% rise in Alpha (A4N, 91¢ up 1¢, $850m or $861m diluted, daily, … Read more
All Ords 7730 pts evenMore thoughts on BEZ.Portfolio performancesThe Superfund portfolio gained 1.2% as follows:A 2.5% rise in Audio Pixels (AKP, $8.20 up 20¢, $240m or $259m diluted, daily, hrly) added 1.0%. A 5.3% rise in Animoca on Primary Markets ($1.00, $1.00/1.09, $1.8b) added 0.5%. A 4.0% rise in Blue Star Helium (BNL, 26¢ up … Read more
All Ords 7731 down 6 pts or 0.1%I have completed my BEZ model and in this report I run through a few valuation scenarios. Have to add, it looks great in the long-term.Portfolio performancesThe Superfund portfolio fell 0.8%, taking the loss for the week to 1.6% and the return for the financial YTD to minus … Read more
All Ords 7718 down 12 pts or 0.2%I took advantage of a quiet day to make good progress with the BEZ spreadsheet.Portfolio performancesThe Superfund portfolio rose 0.3%, taking the loss for the week to 0.5% and the return for the financial YTD to minus 15.3%. Movements today were as follows:A 9.0% rise in Blue Star … Read more
All Ords 7867 up 38 pts or 0.5%Another very quiet day.Portfolio performancesThe Superfund portfolio lost 0.2% as follows:A 4.5% rise in Blue Star Helium (BNL, 2.3¢ up 0.1¢, $45m or $48m diluted, daily, hrly) added 0.4%. A 4.0% rise in Andromeda (ADN, 2.6¢ up 0.1¢, $81m, daily, hrly) added 0.2%. A 0.4% rise in Audio … Read more
All Ords 7852 up 55 pts or 0.7%Further strength.Portfolio transactionsThis morning to fund personal expenses I sold about a third of the remaining VMM at $1.465 for a profit of some 38¢. I had to sell something and it was a difficult choice but I noticed that VMM had rallied to draw near to a … Read more
All Ords 7730 up 2 pts onlyMerry Christmas everyone!Today’s portfolio performance was a nice present for me leading into the Christmas break. I will be back on Wednesday even if only with a brief note.Portfolio performancesThe Superfund portfolio rose 2.6%, taking the gain for the week to 2.3% and the return for the financial YTD … Read more