Just a blog update on a couple of things I read over the weekend that I found interesting, and some notes on some trades over the profit reporting season. Continue reading “FUND MANAGERS CONTANGO, NAOS & FORAGER. THE BATTLE FOR MACMAHON, PROFT REPORTING SEASON.”
I nearly always enter an investment assuming I may be holding that company in terms of years not months, but with some selling I have done of late it hasn’t turned out that way. A month or two ago I pointed out the difference in performance of the leading companies on the ASX versus the small ordinaries over the last year or so. Continue reading “TAKING PROFITS IN SOME SMALLER LICs”
AGS – Pleased to see the capital return be announced that I was forecasting. I wrote about AGS not long ago here.
As I write I am a little surprised the stock is not higher, they opened at 4.7 cents but it seems a seller is happy to exit. I suppose it gives a chance for someone who hasn’t looked at it to get some perhaps at 4.4 cents, or potentially top up existing holdings. Continue reading “COMMENTS ON AGS,AIQ, MEL & NCC.”
I recently noticed that I hadn’t mentioned NCC here, probably as the holding was very small for me and the stock was just quietly doing a good job including some sizeable franked dividends on the way. I bought a year or two ago when the discount was probably a lot larger but didn’t get set with that much. Continue reading “NCC – A LIC with high concentration bets”