Here are some links I have found interesting to read over the last month or so. Continue reading “VALUE INVESTING READING LINKS FROM FEBRUARY”
Around late September it struck me that some investors buying WAM Capital (WAM) & WAM Leaders (WLE) may not have considered some alternatives. Was there potentially cheaper back door entries into these stocks available? Continue reading “WHICH WAM LEADERS TO FOLLOW, SPECIAL SITUATION INVESTING & APW”
No harsh comments about the dog in the picture as he is a close friend of mine.
June 30 is often a time of reflection for investors and I thought I would sit down and do a quick self-review of the financial year gone by. As promised I went through and just noted the stocks that I have mentioned on the blog previously where I still hold, and picked out the ones that have looked shaky of late as at June 30. Continue reading “DOGS OF THE PORTFOLIO AND A REVIEW OF FY 2017, RECOMMENDED RESEARCH SOURCES.”
I meant to write this post when beginning the blog to assist in describing my investment style but it slipped my mind. It resurfaced in my thinking when I recently read a book Margin of Safety, by Seth Klarman. Some areas he cites in the book that are useful to look for opportunities are very similar to what I look for. It would also be great if readers can comment on any current “special situations” they see out there in the markets. Continue reading “WHERE INSTITUTIONS AVOID AND RETAIL INVESTORS FIND BORING (special situation investing discussion thread?)”
I said I would do this quite some time ago so finally wanted to write down some thoughts on some books I have read over the last few months that others may find interesting. Continue reading “Some recommended value investing books”
NGE – The proposal to establish a LIC is set for later this month. If they had of gone about this the right way (e.g. combine with some cornerstone investors to double the size paying NTA, detailed presentations highlighting management expenses and investment strategy) perhaps I could have supported this.
If I had to bet on a couple of corporate re structures to occur in the next year or two, they would be for WAA to merge or takeover another investment company to gain size, and CYA to be rolled into a re-branded entity to assist in the market fully valuing assets on hand and the tax losses on the balance sheet. Continue reading “Time for Wilson & Century Australia to get together?”
I wrote a couple of months back about an activist LIC in GVF was a good opportunity at the time with the discount to NTA over 10% and I note with interest already today the discount has closed completely. I think investors like the fact it gives them non AUD exposure, this has assisted their numbers greatly since listing. They also probably appreciate it offers a different investing style, it can have some comparison with 2 other LICs mentioned below. Continue reading “ACTIVIST LIC’s”
I have been posting about more general themes of investing styles of late so now I wanted to get up to date in terms of providing more detail about recent trades, or news on companies I own. Continue reading “COMMENTS ON RECENT TRADES – AAC, MVT, CYB, HHV, GVF, EVN, KBC, AGF, SSM, WCB, RNY.”
GVF – I have been a shareholder in GVF since not too long after they floated. After selling some earlier in the year at $1 I just recently bought back in at the same price. Continue reading “GVF – a cheap way for low risk non AUD exposure”