Share Trading ASX - Stock Tips and Discussion

[TillLindemann]

Does anyone think the coronavirus has had any effect on company performance/profits?

It definitely will. I don't think it's played out yet. It is playing havoc with trade, ships aren't unloading at the dock.

 

[happy_tiger]

Does anyone think the coronavirus has had any effect on company performance/profits?

It definitely will. I don't think it's played out yet. It is playing havoc with trade, ships aren't unloading at the dock.

I'd definitely be looking at Travel Insurance ......its going to take a big leap short term

 

[Sco77y]

ZNO (Zoono Group Ltd) - Bought 12,000 @ 0.86 last Friday Today ^up^ to 0.985 (^14.2%)

This one is doing well on the back of coronavirus fears. They make antimicrobial products that have been shown to work effectively against coronavirus strains. They were big under the SARS scare as well I'm led to believe.

According to a recent ASX announcement, sales are apparently going through the roof at present. Might be a good short term one while the virus is front page news.


Any more tips Mr Gecko?

Have a look at PBH - Pointsbet and APT - Afterpay

Honestly though, ZNO was meant to be a long term investment for me. The jump in share price from $0.86 10 days ago to $1.40 today was off the back of a couple of unexpected announcements. I had no inside knowledge.

In saying that, the reason I invested was because they have been making a push into the Chinese market - I was just lucky they announced a contract with the Chinese a few days after I bought it. More contracts to come I would say, so you can still get in now.

CSL, although expensive, has a solid growth trend of around 30% per year...that one is a great blue chip to own.

What’s the story with ZNO, do you know much of the history behind them? The share price peaked at over $100 in 2000 and then had quite the crash. At $1.50 it’s now sitting at a 5 year high after last seeing this price in 2015.

They used to be a mining company called Goldsearch trading under code GSE. Goldsearch then acquired Zoono Group and changed their business direction completely.

Weird story...ASX announcement is here https://www.asx.com.au/asxpdf/20160819/pdf/439g40gzszs1qc.pdf

Explains the charts! Interesting company, pretty ingenious product if it works as it says it does.

 

[twentyforty]

Does anyone think the coronavirus has had any effect on company performance/profits?

It definitely will. I don't think it's played out yet. It is playing havoc with trade, ships aren't unloading at the dock.

Blackmores is already claiming their massive profit slump is a result of the coronavirus. I wonder how Swisse is handling the issue? Being Chinese owned now?

 

[weststigers]

ZNO has made an announcement today which has put its shares up from $0.99 To $1.20.

>

Pushing to $1.31 before close

TTT up 20% today. Hope you got on.

What happened to TTT? dumped back to $0.80 now!

 

[weststigers]

ZNO (Zoono Group Ltd) - Bought 12,000 @ 0.86 last Friday Today ^up^ to 0.985 (^14.2%)

This one is doing well on the back of coronavirus fears. They make antimicrobial products that have been shown to work effectively against coronavirus strains. They were big under the SARS scare as well I'm led to believe.

According to a recent ASX announcement, sales are apparently going through the roof at present. Might be a good short term one while the virus is front page news.


Any more tips Mr Gecko?

Have a look at PBH - Pointsbet and APT - Afterpay

Honestly though, ZNO was meant to be a long term investment for me. The jump in share price from $0.86 10 days ago to $1.40 today was off the back of a couple of unexpected announcements. I had no inside knowledge.

In saying that, the reason I invested was because they have been making a push into the Chinese market - I was just lucky they announced a contract with the Chinese a few days after I bought it. More contracts to come I would say, so you can still get in now.

CSL, although expensive, has a solid growth trend of around 30% per year...that one is a great blue chip to own.

What’s the story with ZNO, do you know much of the history behind them? The share price peaked at over $100 in 2000 and then had quite the crash. At $1.50 it’s now sitting at a 5 year high after last seeing this price in 2015.

They used to be a mining company called Goldsearch trading under code GSE. Goldsearch then acquired Zoono Group and changed their business direction completely.

Weird story...ASX announcement is here https://www.asx.com.au/asxpdf/20160819/pdf/439g40gzszs1qc.pdf

Explains the charts! Interesting company, pretty ingenious product if it works as it says it does.

ZNO up to $1.53 fro $0.86 2 weeks ago.

There's still time people!

 

[Long Term Fan]

Love this Forum page. Only have shares through my Super Fund. Have 3 investment properties so hoping Sydney increases by 10% as forecast

 

[tigerballs]

ZNO has made an announcement today which has put its shares up from $0.99 To $1.20.

>

Pushing to $1.31 before close

TTT up 20% today. Hope you got on.

What happened to TTT? dumped back to $0.80 now!

Yep, it's one of those day trader specials. Watch for the announcements and get in and get out. Long term I think it's a keeper. I bought back in at .80c.

 

[Roar_Power]

ZNO (Zoono Group Ltd) - Bought 12,000 @ 0.86 last Friday Today ^up^ to 0.985 (^14.2%)

This one is doing well on the back of coronavirus fears. They make antimicrobial products that have been shown to work effectively against coronavirus strains. They were big under the SARS scare as well I'm led to believe.

According to a recent ASX announcement, sales are apparently going through the roof at present. Might be a good short term one while the virus is front page news.


Any more tips Mr Gecko?

Have a look at PBH - Pointsbet and APT - Afterpay

Honestly though, ZNO was meant to be a long term investment for me. The jump in share price from $0.86 10 days ago to $1.40 today was off the back of a couple of unexpected announcements. I had no inside knowledge.

In saying that, the reason I invested was because they have been making a push into the Chinese market - I was just lucky they announced a contract with the Chinese a few days after I bought it. More contracts to come I would say, so you can still get in now.

CSL, although expensive, has a solid growth trend of around 30% per year...that one is a great blue chip to own.

Agree PBH is a great stock to be on. Moving hard and fast into a deregulated North American betting market.

You picked it with ZNO. Looks like they previously had links with a swine flu vaccine so going gangbusters due to coronavirus.

 

[weststigers]

ZNO (Zoono Group Ltd) - Bought 12,000 @ 0.86 last Friday Today ^up^ to 0.985 (^14.2%)

This one is doing well on the back of coronavirus fears. They make antimicrobial products that have been shown to work effectively against coronavirus strains. They were big under the SARS scare as well I'm led to believe.

According to a recent ASX announcement, sales are apparently going through the roof at present. Might be a good short term one while the virus is front page news.


Any more tips Mr Gecko?

Have a look at PBH - Pointsbet and APT - Afterpay

Honestly though, ZNO was meant to be a long term investment for me. The jump in share price from $0.86 10 days ago to $1.40 today was off the back of a couple of unexpected announcements. I had no inside knowledge.

In saying that, the reason I invested was because they have been making a push into the Chinese market - I was just lucky they announced a contract with the Chinese a few days after I bought it. More contracts to come I would say, so you can still get in now.

CSL, although expensive, has a solid growth trend of around 30% per year...that one is a great blue chip to own.

Agree PBH is a great stock to be on. Moving hard and fast into a deregulated North American betting market.

You picked it with ZNO. Looks like they previously had links with a swine flu vaccine so going gangbusters due to coronavirus.

There's a couple of good growth stories on the ASX at the moment isn't there?

PBH is definitely one to look at, but i should say that one needs to exercise caution with this stock as the company is losing money - the share price reflects potential future gains rather than the current strength of its financials. They've just done a deal with the NBA, so they should get a lot of exposure from that...I think it's a good one going forward if they can monetise their opportunities.

I'm currently holding:

1. XRO - Xero
2. ALU - Altium
3. APX - Appen
4. ZNO - Zoono
5. MFF - MFF Capital Investments

Will look to add PBH after a bit more research.

 

[weststigers]

ZNO opened at $1.54 today and up to $1.86 so far.

441 buyers vs only 60 sellers...announcement on ZNO's effectiveness against this strain of coronavirus due in the next day or 2.

Based on how the product works, it's likely there will be a positive result to the tests.

I would normally clip off my initial investment now, but will be holding on through this announcement.

 

[Sco77y]

ZNO opened at $1.54 today and up to $1.86 so far.

441 buyers vs only 60 sellers...announcement on ZNO's effectiveness against this strain of coronavirus due in the next day or 2.

Based on how the product works, it's likely there will be a positive result to the tests.

I would normally clip off my initial investment now, but will be holding on through this announcement.

You seem to be quite versed in actual trading. So far I've been more of a long term investor - I saw some opportunities I'd identified around 5 years ago, bought them and still holding them for a 50% profit over that time. I've topped up here and there using dividends and doubled down on one which lost quite a lot of value but I still believed had solid foundations and was a spec anyway.

So I've never been into trading as such. I think I'm mostly put off by capital gains tax, and aside from that am not overly invested in keeping track of the price charts regularly.

What are your thoughts on capital gains? Especially in short term trading where you're holding something for less than a year the taxable amount is on your entire profit. I think I'd be a lot more inclined to trade if I knew how to manage any capital gains. Just interested to know how you deal with it since it sounds like something you'd need to take into consideration often.

 

[weststigers]

ZNO opened at $1.54 today and up to $1.86 so far.

441 buyers vs only 60 sellers...announcement on ZNO's effectiveness against this strain of coronavirus due in the next day or 2.

Based on how the product works, it's likely there will be a positive result to the tests.

I would normally clip off my initial investment now, but will be holding on through this announcement.

You seem to be quite versed in actual trading. So far I've been more of a long term investor - I saw some opportunities I'd identified around 5 years ago, bought them and still holding them for a 50% profit over that time. I've topped up here and there using dividends and doubled down on one which lost quite a lot of value but I still believed had solid foundations and was a spec anyway.

So I've never been into trading as such. I think I'm mostly put off by capital gains tax, and aside from that am not overly invested in keeping track of the price charts regularly.

What are your thoughts on capital gains? Especially in short term trading where you're holding something for less than a year the taxable amount is on your entire profit. I think I'd be a lot more inclined to trade if I knew how to manage any capital gains. Just interested to know how you deal with it since it sounds like something you'd need to take into consideration often.

It's a good question - Ultimately, I don't look for day trade opportunities or short term stuff and CGT doesn't worry me.

When looking to buy, I look for 4 things:

1. Company fundamentals in good shape
2. A good/unique product compared with their competitors with management slowly, but surely increasing distribution.
3. Opportunity to grow in the market organically (i.e. outside of one off events etc.)
4. An upside story that *may* deliver short term gains

Ultimately, I have an SMSF and take a more active role, but it's always good practice to have an alert in place to tell you when a stock goes over or under a particular price - it just helps you to stay on top of what that company is doing and whether any new developments are on the way - hey, you might just want to load up and buy more if you like what you read about them from time to time.

I know a lot on here have trouble working out when to sell rather than when to buy. Personally, I watch the news and share price on my portfolio so I can exit when I need to. I tend to watch the smaller stocks more as they are more volatile - Once I buy, I just like to know the general sentiment in the market which gives me a better idea of when to sell as well.

Take ZNO - I bought it based on it's product and good results up to the $0.86 share price. I could see the company was increasing distribution steadily, which I thought would give good future gains, but the upside story was the coronavirus hysteria which puts it front and centre for potential short term gains.

CGT is the by-product of a profit - there's no point holding a stock too long just to save a few dollars in tax.

In saying that, my ultimate aim is to hold for 12 months+ to get the 50% CGT discount and it may factor into my calculations if I'm getting close to the 12 month mark. But, if a share needs to be sold, then you just need to sell it and pay the tax or risk losing whatever you gained in the first place.

As far as I know, I don't think there are any tax strategies to avoid paying your CGT, but ultimately, it's a cheap form of income tax if you ask me.

 

[Wildcat777]

Much appreciate the insight WT. I got on ZNO. And for that owe you a drink or 2! Thanks again.

 

[weststigers]

Much appreciate the insight WT. I got on ZNO. And for that owe you a drink or 2! Thanks again.

Pleasure mate - hope there's a nice little earn in there for you

 

[Cultured_Bogan]

I'd like to get into stock trading but since I can't pick a winner in a one horse race best I stay away.

 

[mike]

I'd like to get into stock trading but since I can't pick a winner in a one horse race best I stay away.

Likewise

 

[Wildcat777]

Wow for today!!!! $2.30+

 

[TillLindemann]

GNC (Graincorp) is about to split into two companies. So buy shares in this and you'll get issued the same number of shares in a new company called United Malt.

 

[TillLindemann]

I'd like to get into stock trading but since I can't pick a winner in a one horse race best I stay away.

I like to buy shares in companies that I use, so at least if they rip me off as a customer, I might get some of it back as a shareholder.

So I own shares in the bank that I pay interest to etc. And I love my cheese and vegemite on toast, so bought shares in Bega 🙂