In a recent blog post I suspected that the latest ALI buyback announcement appeared to be of the Claytons variety. Claytons was a non-alcoholic drink but marketed in the 80s as “the drink you have when you are not really having a drink”. It was to give the impression you are out having a drink, but wasn’t quite the same. Continue reading “Management AIMS for a Claytons buyback?”
Category: Individual stock news / Research
The voting results but not entirely unexpected, I thought things may be close all along. When I say close, obviously I refer to the numbers adjusting for the prospect the courts would later on decide that the AIMS stake does not count towards the outcome. Continue reading “THE AIMS WIND-UP VOTE”
The CYA transaction got me thinking to the extent similar deals have occurred in the past. There are a few fund managers who will examine investing in LICs, yet the vast majority don’t. I’d like to better understand why many avoided LICs in 2009-2012. Continue reading “MERGERS, ACQUISITIONS AND WIND-UPS IN THE LIC SECTOR”
Firstly, just in case anyone missed it (it is not particularly obvious browsing the company news headlines), there is a request to wind up APW. Fred Woollard from Samuel Terry Asset Management has instigated this, and the expectation is AIMS cannot vote. Continue reading “AIMS Property Securities Fund (APW)”
Apologies as this probably turns into a rant because I can totally see the frustrations of holders here. Continue reading “FRUSTRATED HOLDERS OF APW (AIMS PROPERTY SECURITIES FUND)”
I came across this story and thought it is a worthwhile read this time of year. I don’t necessarily have a strong view that the ASX needs to have a terrible June on the basis of this theory but I always believe it can be a head wind. The first few days have not looked strong either.
I agree with the point made that when you are looking to perhaps crystalize some dogs in the portfolio to offset losses against gains, you need to be thinking about this in May or earlier.
I also fully agree, and I have noticed myself over the years that tax loss selling tends to peak about mid June or maybe the third week. Stocks don’t suffer the worst of the tax loss selling in the last week or last few days as some may suspect. Every year I pay particular attention to stocks that are down a lot and could be the targets of tax loss selling with the mindset the opportunity to buy could be greatest during the middle of June. It can be particular rewarding if you can find some companies trading on low volume that you like that are clearly showing signs of tax loss selling.
The article may be useful to some also because it lists a lot of the main stocks and the losses that investors could be facing, therefore some likely targets. Here is the link.
https://www.livewiremarkets.com/wires/31731