All Ords 8006 down 107 pts or 1.3%The fall in the market was led by the major resource stocks and my portfolio stocks did not escape unscathed. But hopefully just a blip in the overall scheme of things.And I comment on CXL following its presentation.Portfolio performancesThe Superfund portfolio lost 1.4% as follows:Animoca on Primary Markets … Read more
All Ords 7994 down 30 pts or 0.4%ADN to the rescue. Who would have thought? But not complaining.Portfolio performancesThe Superfund portfolio gained 0.5% as follows:A 35.3% rise in Andromeda (ADN, 2.3¢ up 0.6¢, $72m, daily, hrly, 10min) added 1.6%. A 3.0% rise in Red Metal (RDM, 17¢ up 0.5¢, $51m or $61m diluted, daily, hrly) … Read more
All Ords 7261 down 9 pts or 0.1%It was the best day for many months thanks to AKP. I had been under a lot of pressure on AKP from various directions and now feel vindicated. Somewhat. Full vindication would be achieved on prices above $100.Portfolio performancesThe Superfund portfolio rose 9.2%, taking the gain for the … Read more
All Ords 6960 down 54 pts or 0.8%Qrterlies coming thick and fast. A4N, EOS, JBY, MTC and VMM reported today, with ADN, AKP, BEZ and MEI hopefully to report tomorrow. For me, it goes without saying that the most important will be AKP.Portfolio performancesThe Superfund portfolio lost 4.0% as follows:A 4.7% rise in Andromeda (ADN, … Read more
All Ords 7281 up 50 pts or 0.7%That’s better!Portfolio performancesThe Superfund portfolio gained 2.7% as follows:A 22.2% rise in Besra Gold (BEZ, 16.5¢ up 3¢, $58m or $71m diluted, daily, hrly) added 1.3%. A 1.7% rise in Audio Pixels (AKP, $9.00 up 15¢, $269m, daily, hrly) added 0.8%. A 2.1% rise in Alpha (A4N, 71.5¢ … Read more
All Ords 7259 down 11 pts or 0.1%Very few comments on covered stocks today because I was instead engaged in copying and pasting my blog comments on each of them into their own Word files. I did it for A4N, ADN, AKP, BEZ, CXL and JBY. I hadn’t updated the documents since June so it … Read more
All Ords 7403 up 15 pts or 0.2%Lots of interesting stuff happening. Portfolio transactionsThis morning I made some changes to the James Bay lithium component of my portfolio. I sold out of CY5 at 19.7¢, making a loss on the 22.5¢ paid last month, and with the proceeds bought into James Bay Minerals (JBY) at … Read more
All Ords 7490 down 28 pts or 0.4%A quiet day after the hectic reporting season so had time to look at CXL.Portfolio performancesThe Superfund portfolio rose 1.2%, taking the loss for the week to minus 3.9% and the return for the financial YTD to minus 12.4%. Movements today were as follows:A 5.8% rise in Alpha … Read more
All Ords 7416 up 51 pts or 0.7%Bought more VMM and completed the ADN spreadsheet. Both look very cheap to me but as you well know I am not infallible.Portfolio transactionsThis morning I purchased some more VMM at 65¢, adding 75% to the position and taking the holding to a weighting of 5.8%. The quid … Read more
All Ords 7569 up 25 pts or 0.3%PET trading halt had my attention today.Portfolio performancesThe Superfund portfolio lost 0.3% as follows:A 23.8% rise in Animoca on Primary Markets ($0.99 up 19¢, $0.80/0.99, $1.8b) added 1.7%. A 1.8% rse in Alpha (A4N, $1.12 up 2¢, $m, daily, hrly) added 0.2%. Andromeda (ADN, 2.7¢, $m, daily, hrly) … Read more
All Ords 7568 down 95 pts or 1.2%Gingering up the ionic adsorption clay REO exposure in Brazil.Portfolio transactionsThs morning the Superfund sold half of its MEI holding at an average of 22.7c, making a small profit on the 15.5c paid in April, and with the proceeds bought into VMM at a average of 51.25c. Each … Read more
All Ords 7291 up 17 pts or 0.2%Sold more PET and bought more AKP.Portfolio transactionsI made a number of trades today.For the Superfund I finished my partial sell order in SDV at 31.5c. This funded the purchase of a few more AKP at $14.60. For the Trust I sold its remaining PET shares at 1.65c. … Read more
All Ords 7387 down 8 pts or 0.1%It’s all about AKP today! A vindication. And exciting potential.Portfolio performancesThe Superfund portfolio gained 8.5% as follows:A 34.1% rise in Audio Pixels (AKP, $12.20 up $3.10, $354m, mthly, wkly, daily, hrly) added 9.1%. A 2.4% rise in Meteoric Resources (MEI, 21.5¢ up 0.5¢, $395m, daily, hrly) added 0.2%. … Read more
All Ords 7424 down 36 pts or 0.5%A quiet day.Portfolio performancesThe Superfund portfolio lost 0.6% as follows:A 1.6% rise in Audio Pixels (AKP, $9.70 up 15¢, $282m, daily, hrly) added 0.4%. A 1.0% rise in Peak Rare Earths (PEK, 53¢ up 0.5¢, $126m, daily, hrly) added 0.1%. A 2.0% rise in Alpha (A4N, $1.045 up … Read more
All Ords 7460 up 7 pts or 0.1%Sold half the remaining A4N and bought into BEZ. And why did CXL collapse?Portfolio transactionsThis afternoon the Superfund sold half the remaining A4N at $1.01 when it cut an uptrend, making a good profit on the 64c paid some months ago. With the proceeds it bought into BEZ … Read more
All Ords 7412 down 22 pts or 0.3%Today saw a portfolio trade and some interesting price movements. Now hanging my hat on PEK. The kiss of death?Portfolio transactionsI made one of my rare trades this morning with the Superfund selling out of CXL to almost double up on PEK. The CXL was sold at just … Read more
All Ords 7219 up 76 pts or 1.0%A few things happening today.Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 6.5% fall in Alpha (A4N, 72¢ down 5¢, $618m, daily, hrly) took 1.2%. A 4.0% rise in Audio Pixels (AKP, $8.81 up 34¢, $256m, daily, hrly) added 1.0%. A 4.5% fall in SciDev (SDV, 32¢ down … Read more
All Ords 7517 down 28 pts or 0.4%In the thick of the results season, SDV passed muster with no nasty surprises. Always a relief.Portfolio performancesThe Superfund portfolio lost 1.8% as follows:A 2.6% fall in SciDev (SDV, 37¢ down 1¢, $70m, wkly, daily, hrly) took 0.5%. A 6.9% fall in Peak Rare Earths (PEK, 61¢ down … Read more
All OrdsAll Ords 7543 down 8 pts or 0.1%An important announcement from CXL was the feature of my day. An agreement on using Leilac for direct air capture (DAC), which could be huge. And improved guidance on future royalty rates reduces risk for investors.Portfolio transactionsThis morning the Superfund sold a tiny portion of the CXL … Read more
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 7696 down 45 pts or 0.4%Good performances elsewhere were offset by another drop in AKP.Portfolio performancesThe Superfund portfolio lost 0.3% as follows:A 6.4% fall in Audio Pixels (AKP, $7.49 down 51¢, $218m, wkly, daily, hrly) took 1.4%. A 2.4% rise in SciDev (SDV, 42¢ up 1¢, $80m, daily, hrly) added 0.5%. A 7.8% … Read more
All Ords 7746 down 26 pts or 0.3%The main feature today was the big pullback in PET, not unexpected after the dramatic rise out of nowhere last week.Portfolio performancesThe Superfund portfolio lost 4.1% as follows:A 14.0% fall in Phoslock (PET, 5.5¢ down 0.9¢, $34m, daily, hrly) took 2.4%. A 10.7% fall in Animoca on Primary … Read more
All Ords 7710 up 24 pts or 0.3%I’m in the lull after the quarterly reporting season, taking it easy after the burst of analytical activity. But I am distracted by another bad day for AKP.Portfolio performancesThe Superfund portfolio lost 0.6% as follows:A 4.3% fall in Audio Pixels (AKP, $8.61 down 39¢, $250m, wkly, daily, hrly) … Read more
All Ords 7700 down 9 pts or 0.1%Two quarterlies today, EOS’s prior to the open with the shares falling heavily in response, and AKP’s after the close and I await the market response tomorrow with bated breath.The other features were a big fall in A4N out of the blue, and a good rise in CXL … Read more
All Ords 7200 down 121 pts or 1.7%I am back on deck today but unfortunately will be unable to write the report tomorrow because I will be undergoing a second medical procedure, this time to insert a stent in a narrowing of the left anterior descending coronary artery as identified in yesterday’s angiogram. These procedures … Read more
All Ords 7371 down 36 pts or 0.5%PET continues its dreadful performance and whose to say it isn’t deserved. Where are the sales!Portfolio transactionsThis afternoon the Superfund bought back at 73c the A4N it sold last week at 74c. They hit a low of 69.5c later that week and I had thought they might fall … Read more
All Ords 2728 up 24pts or 0.3%I put the question on Friday of how long the rally will last. The answer in my case was, not another day!Portfolio performancesThe Superfund portfolio lost 3.4% as follows:A 6.7% fall in Audio Pixels (AKP, $11.20 down 80¢, $324m, daily, hrly) took 2.1%. A 7.4% fall in Andromeda (ADN, … Read more
All Ords 7442 up 23 pts or 0.3%I’m better today but my second RAT test was positive so after lunch I went and got a PCR test done. Results awaited.Three of the portfolio stocks made positive announcements so that was nice, albeit the market didn’t take much notice.Portfolio performancesThe Superfund portfolio lost 1.1% as follows:A … Read more
All Ords 7422 up 46 pts or 0.6%This is our last day in Adelaide.Viewed the live video stream of A4N’s AGM and did a little work on the ADN spreadsheet.The portfolio performance was ruined by a pullback in AKP but I was pleased to see the CXL breakout.Portfolio performancesThe Superfund portfolio lost 2.2% as follows:A … Read more
All Ords 7376 up 41 pts or 0.6%Still in Adelaide, working on ADN, etc.The portfolios broke even on average with rises in AKP and EOS offset by falls elsewhere. I remain concerned aboout PET short term.Interesting to read the comment on Cemex’s website. CXL should rally strongly when the trading halt is lifted.Portfolio performancesThe Superfund … Read more