Share Trading ASX - Stock Tips and Discussion

[weststigers]

Thought it would be good to share some knowledge amongst ourselves for those of us that get involved with or are interested in trading shares.

I just sold:

ALL - Aristocrat
BAP - Bapcor
CDA - Codan
CSL - CSL Limited

for quite a nice profit (80% gain) after holding them for about 12 months, although I had kept CDA from before that which was a large part of that gain (bought at $1.18, sold at $7.74).

Currently I'm looking at the next crop of shares to buy and have settled on ZNO - Zoono Group which I bought on Friday.

Looking for more opportunities at the moment and I like the following:

APX - Appen
XRO - Xero
APT - Afterpay
NEA - Nearmap
PBH - Pointsbet

Any interest around the forum for this topic?

 

[TillLindemann]

RFF, IFN, CLQ, KLA, MQG, and for a speccy, check out ELS

 

[Wildcat777]

Great topic!!!!

 

[finnzo]

I’ve got a bunch in 88e an oil company worth looking into if you like risky penny stocks haha

 

[weststigers]

RFF, IFN, CLQ, KLA, MQG, and for a speccy, check out ELS

MQG - Macquarie Group

I used to work there, so I like how they operate, but there's a lot of people saying to sell up now so I'm hesitant to get in...what's keeping you in?

 

[TillLindemann]

RFF, IFN, CLQ, KLA, MQG, and for a speccy, check out ELS

MQG - Macquarie Group

I used to work there, so I like how they operate, but there's a lot of people saying to sell up now so I'm hesitant to get in...what's keeping you in?

Mate I reckon it's the best stock on the ASX, combination of good dividends and good capital growth, globally diversified, a lot of interesting acquisitions recently in renewable energy and agriculture.

 

[weststigers]

RFF, IFN, CLQ, KLA, MQG, and for a speccy, check out ELS

MQG - Macquarie Group

I used to work there, so I like how they operate, but there's a lot of people saying to sell up now so I'm hesitant to get in...what's keeping you in?

Mate I reckon it's the best stock on the ASX, combination of good dividends and good capital growth, globally diversified, a lot of interesting acquisitions recently in renewable energy and agriculture.

Thanks mate. I'll look into it further. I remember when it crashed to $15-$20 or so...great buy back then!

CSL looks good for consistency in the long run too, but I bought in at $215 and sold off at $314 on Friday to take the profit.

If that dips below $300, I might get back in.

 

[voice_of_reason]

I'm trying to put my kids savings into shares rather than 0% interest bank accounts. My young bloke is about 22% up with Magellan (MFG). He's made more in 6 months with MFG than he has in his part time job.

I'm watching Nearmap and ZIP closely as he has about $3000 he's saved and we're ready to buy into something else.

CSL would be good but a bit expensive to buy into. Same deal with Apple.

 

[weststigers]

I'm trying to put my kids savings into shares rather than 0% interest bank accounts. My young bloke is about 22% up with Magellan (MFG). He's made more in 6 months with MFG than he has in his part time job.

I'm watching Nearmap and ZIP closely as he has about $3000 he's saved and we're ready to buy into something else.

CSL would be good but a bit expensive to buy into. Same deal with Apple.

Yeah CSL is tough now. Have a look at MFF...really consistent returns over many years and exposure to the US market.

Has a lot of supporters - chart below:


 

[fibrodreaming]

CSL looks good for consistency in the long run too, but I bought in at $215 and sold off at $314 on Friday to take the profit.

I bought CSL for $30.38 in 2009. I still own it - one of my few 10-baggers.

I don't have too many problems making buy decisions, but I do struggle with sell decisions. I find it hard to decide when a stock is seriously overpriced. My wife and I have been discussing whether we should take some profit from CSL. I have decided not to. I have learnt from experience that when in doubt it's best to do nothing.

For example, I have many examples of selling too early. I bought MQG for around $19 during the GFC and sold for $40 making a nice little profit. History shows it was a dumb decision

 

[weststigers]

CSL looks good for consistency in the long run too, but I bought in at $215 and sold off at $314 on Friday to take the profit.

I bought CSL for $30.38 in 2009. I still own it - one of my few 10-baggers.

I don't have too many problems making buy decisions, but I do struggle with sell decisions. I find it hard to decide when a stock is seriously overpriced. My wife and I have been discussing whether we should take some profit from CSL. I have decided not to. I have learnt from experience that when in doubt it's best to do nothing.

For example, I have many examples of selling too early. I bought MQG for around $19 during the GFC and sold for $40 making a nice little profit. History shows it was a dumb decision

Yeah it's difficult...bloody greed gets in the way.

I remember when I bought Slater & Gordon for $1.70 and it went to over $8...I thought...here we go...this is going to the moon...a few months later...worthless.

I get around that hesitation to sell now by selling off enough to cover my initial investment and letting the profit fly or fall. That way I'm comfortable that I've preserved my capital and can use the initial capital to buy other shares.

It's been working well for me and satisfies the greedy gremlin on my shoulder :blush:

 

[Ponyo]

Stocks, bonds & magic wands

 

[fibrodreaming]

I remember when I bought Slater & Gordon for $1.70 and it went to over $8…I thought…here we go…this is going to the moon…a few months later…worthless.

I feel your pain. We've probably all got war stories like that. That's why your approach is so sensible - take profit to recover your initial investment. You've got me thinking about taking some profit on CSL - thanks.

 

[Aesopian]

Oz miners of Precious Metals are my favourite.

A few of my current holds are:
- Perseus Mining (PRU)
- Evolution Mining (EVN)
- Ramelius Resources (RMS)

Good climate for non-energy mineral miners right now. All the indexes are being propped up by a narrowing group of stocks + record buy backs from those same companies.

Hedge funds are going into risk off mode and that $$$ is flowing into precious metals like Gold, Silver, Palladium etc.

I generally avoid coal mining companies. IMO the coal industries best days are behind them with the current migration towards cleaner energies (not good for OZ)

 

[Ponyo]

How do the boys get rich?

 

[Aesopian]

How do the boys get rich?

Buy low sell high

 

[Ponyo]

@Aesopian 😬😬😬

 

[TillLindemann]

RFF, IFN, CLQ, KLA, MQG, and for a speccy, check out ELS

MQG - Macquarie Group

I used to work there, so I like how they operate, but there's a lot of people saying to sell up now so I'm hesitant to get in...what's keeping you in?

Mate I reckon it's the best stock on the ASX, combination of good dividends and good capital growth, globally diversified, a lot of interesting acquisitions recently in renewable energy and agriculture.

Thanks mate. I'll look into it further. I remember when it crashed to $15-$20 or so...great buy back then!

CSL looks good for consistency in the long run too, but I bought in at $215 and sold off at $314 on Friday to take the profit.

If that dips below $300, I might get back in.

I bought CSL at $98 and thought it was expensive then! It just keeps going up. The only downside is it's not the best dividend payer, but it's still a good one for the long term.

 

[Ponyo]

I want to see my money now.
Stocks are okay if u have capital -
Not just a few couple extra dollars.

 

[TillLindemann]

I want to see my money now.
Stocks are okay if u have capital -
Not just a few couple extra dollars.

I'm definitely not made of money, but I like to invest. I look at it as my own personal second super, just try and invest a little out of my pay cheque each week, then use my actual super as a benchmark to see how I'm going.