ASX Shares 10 bagger

Discussion in 'Shares & Funds' started by kum yin lau, 5th Mar, 2019.

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  1. ms420

    ms420 Well-Known Member

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    APT 10X from here?

    My bet is on:
    Z1P
    BUB
    AMI
    LVT



    And Uber- 10X in the other direction ;)
     
  2. Danieljk101

    Danieljk101 Well-Known Member

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    Uranium shares. BMN, PDN, DYL, PEN and VMY - all ASX. Uranium market will be entering into an unprecedented bull market in the next few years (considering the supply shortfall that is building)
     
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  3. Fargo

    Fargo Well-Known Member

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    Why not ? It is early days and it is growing rampantly. It is expanding internationally. It has achieved more in the 6 months it has been in the USA then it achieved in 30 months in ANZ
    Got some big names and brands on board. It has reached 2 billion in sales the aim of 20 billion in 3 years time may be easily exceeded. But there is a lot of competition trying to get a piece of the pie though. I don't get it but apparently millennials don't like credit cards,
     
    Last edited by a moderator: 15th May, 2019
  4. kitdoctor

    kitdoctor Well-Known Member

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    BDA is looking promising after my call that yesterday was the bottom in prices. I have attached my Elliott wave analysis. The last fifth wave was an ending diagonal compressing prices into the wedge shown at bottom right - had me scratching my head for a while. Next stop $0.72 (the previous high), then Target 2 = 1.618 x (0.72-0.09) + 0.225 = $1.24 with further upside beyond that. Again, to be open and transparent, I declare an interest.

    BDA daily overall chart showing spike to upside on 16 May 2019 16 May 2019.png
     
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  5. ms420

    ms420 Well-Known Member

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    Thats my hope too, however apart from early mover advantage I don’t see any moat for BNPL players at this point.
     
  6. Redwing

    Redwing Well-Known Member

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    Wow good run to date

    iSignthis Ltd
    ASX: ISX
     
  7. Intrigued_again

    Intrigued_again Well-Known Member

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    JIN over a 1000 Bagger
    JIN.gif
     
  8. kitdoctor

    kitdoctor Well-Known Member

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    The key to finding the next 10 baggers is to start identifying the worst looking charts e.g. huge relative price falls, long duration down trends (12-18 months) etc.

    The ones I like have say 18-24 months of trading data with a big run up from their initial listing, say over six months and then a long down trend of say 12-18 months. That way I don't have to be worried about years of data to analyse. Even ones that were flops on listing may eventually turn. I then look at the structure of the correction to see if I understand its Elliott wave count and how complete the correction is. Then I go from there.

    Bring out those ugly charts!
     
  9. Fargo

    Fargo Well-Known Member

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    Correct no moat, but APT has first mover advantange , FXL may be one to watch they were best placed for BPNL as they already had a similar established business but failed to capitilize.
     
  10. ms420

    ms420 Well-Known Member

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    Agree on market share and revenue increase possibilities. Given that this is not a wide-moat business I don’t think they can get to 50B market cap any time soon. Having said that I own a few Z1P. I also like PPH but would love to buy at a bit more discount.
     
  11. Omnidragon

    Omnidragon Well-Known Member

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    Top tier
    ISX
    PAR
    Uranium agree with someone above

    Next tier
    AD8
    APT

    Do not like ELO. JIN is a 1 bagger. Gold 1 bagger
     
  12. wombat777

    wombat777 Well-Known Member Premium Member

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    ADN could get interesting after they release their scoping study for Kaolin/Halloysite mining in Q3. Looking at two options .. Direct Ship Ore or Dry-Process it first to remove all the sand ( test work has been done ).

    Real potential here is if CAPEX and working capital to get to production is less than the $8.5M that would be raised from the conversion of the ADNOB options. That means no finance to get to cashflow.

    Very simple quarry-like mining operation (contract mining over 6 weeks). Then ship a high-quality feedstock that has application for Kaolin/Halloysite Ceramics and hi-tech applications.

    Some test results from their last drill campaign are expected soon.

    Possible 20+ bagger territory. Again we wait for scoping study.

    MD has been in US to source designs and pricing for capital equipment. There has also been some test work underway.

    MD has 20+ years experience in the industry and is an Industrial Chemist. Has a business development background at an Industrial Minerals firm that specialised in Kaolin.
     
  13. willair

    willair Well-Known Member Premium Member

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  14. Omnidragon

    Omnidragon Well-Known Member

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    Maybe but very spivvy. Need to be hotter as a sector to attract interest. Another one in the sector is PUA when the young rich listed piled in, barely done anything.

    It’s like buying any of these sexy mining developers be it HST, IBG, JRV etc. All have same/similar stories, but where’s the catalyst? Then you have someone like G1A do a deal and bang it goes. Still not a 10 bagger tho.
     
  15. Fargo

    Fargo Well-Known Member

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    Whats wrong with ELO. Bigger players moving into their space ? Revenue Growth cant be maintained ? Product deficiency? Amount of shares in escrow? EV ?
     
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  16. Fargo

    Fargo Well-Known Member

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    Not sure how this relates to speculative 10 baggers, of course something with high potential gain will fall but it can only fall up to 100%, can fall 90% then go up 10,000 %
     
  17. Silverson

    Silverson Well-Known Member

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    BRN - perfect one for you to analyse!
     
  18. kitdoctor

    kitdoctor Well-Known Member

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    I have charts for some of these and I’ve eyeballed many and offer the following comments.

    AD8 – Wow. Missed the boat. Potential major correction dead ahead. Caution advised

    APT – Missed the boat. Not yet a buy still in a major correction

    BDA – Final low approaching. The low of 0.225 shouldn’t hold. Buy sub 0.225. Gotta love a dog

    BRN – Every dog has its day! I have done a quick chart

    CANN – Pulling back having already started its next major advance. An important low and bull trap rally is approaching within days. Buying opportunity after that over the next couple of weeks. Try to buy in the 1.75-1.85 range

    ELO – Although rising it’s likely only a reaction to the first major wave down. Likely to be more pain ahead long-term

    EXL - Missed the boat. Not yet a buy still in a major correction. On my watch list

    FXL – Not a buy yet still in correction. Gotta love a dog. Has potential when it bottoms

    ISX – Missed the boat. What goes up must come down. Might be starting a major correction

    LVT - Missed the boat. May or may not be advancing to a new all-time high. Could be in a large unfinished correction (hopefully). Caution advised. On my watch list

    PAR – Missed the boat. Might be starting a major correction

    PPH – Missed the boat. May or may not be advancing to a new all-time high. Could be in a complex unfinished correction (hopefully). Caution advised. On my watch list

    SPT – Final low approaching over the next few weeks, maybe slighter longer. The recent bull trap rally caught many. Has potential. On my watch list

    Trade responsibly and don’t bet the house.

    No advice.
     
  19. kitdoctor

    kitdoctor Well-Known Member

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    BRN – Every dog has its day! I have done a few quick charts

    BRN appears to have completed a large zigzag correction marked A-B-C (in purple). Wave A was a leading diagonal. Wave C subdivided into a zigzag as well creating a double zigzag marked (a) – (b) – (c) in pink. Technical indicators are bullish including moving averages. It has blasted up through the lower line of the trend channel that was constraining its decline.

    The stock has closed above the fourth wave high of wave C which was a conservative trading entry point.

    Trade responsibly and don’t bet the house. Make sure you have an exit strategy.

    No advice.

    BRN daily chart 17 June 2019.png BRN daily chart with technical indicators 17 June 2019.png BRN daily chart with moving averages applied 17 June 2019.png BRN daily chart zigzag channel 17 June 2019.png
     
    Last edited: 17th Jun, 2019
  20. Fargo

    Fargo Well-Known Member

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    Your comments about missing the boat don't make much sense the boats haven't even been launched yet. . Start with the first one. AD8 It is becoming the standard for a new industry (audio networking) Only just released Dante AV, if successful could double its market. Revenue growth was 60% for the last 6 month report I saw,( though 12 month guidance was 23%) hit profits earlier than expected at scale ( profits growing faster than revenue). As new OEMs are signed up continued high spending on sales and marketing for repeat business wont be needed. This has a long runway with operating leverage and a lot of growth potential. Don't waste time worrying about short term price movements volatility comes with the territory and why you buy in tranches. The correct price it is a silly notion as it cannot be determined yet, if it is a 10 bagger and you pay the correct price then it wont be a 10 bagger.