ASX Shares NSL Consolidated

Anyone else holding shares in this company?

Ive done very well out of this stock over the past 3 months, CG of over 100% during that time. (Very lucky)

Anyone else done really well from speculative stocks? Would love to hear some stories on how much they've made from spec stocks... Or know anyone that has?

 

Wow, that's great news. Mine are looking more like a roller coaster ride at this point in time….

 

The rest of my portfolio is all down so thank god for NSL haha

 

Yeah, a crystal ball would be nice, wouldn't it?………….

But I can't complain too much. My SRX are recovering nicely after their massacring earlier in the year. And I've just grabbed a few WEB ones too.

Now that I'm just about to set up my SMSF, and will have some 'serious $' to 'play with', I'm going to start looking into some more blue chip stuff though. I'll need to find some time to do a lot more serious research. Thankfully, a lot of people have posted some other really interesting stuff that I plan on reading soon.

What else have you got floating around in your portfolio - anything else of interest?

 

Had never heard of them

NSL Consolidated (ASX: NSL) is a dual bulk commodity company, focused on iron ore production in India and thermal coal exploration in Australia.

 

Yeah I assume you done well with sirtex medical if you bought at the right time.I was watching them for a while and never jumped on, bit of analysis paralysis I think haha.

Nothing else really too exciting for me just a couple of blue chip long term shares which have around 6% dividend yield. Concentrating on building my property portfolio at the moment.

How bout you?

 

I've only got a few small parcels - I'm a looooong way from having a decent portfolio together.

I'm trying to divert my 'spare cash' into getting myself into the IP market - once that's settled, I'm hoping to save up some more to put into shares.

But I'm also hoping to get my SMSF fully set up within the next few months, which will mean really having to do my research and make sure that I'm making educated decisions. I'm thinking on reading up on LIC's and the like, while waiting for my fund to finish being created.

Have you ever gone into LIC's or ETF's?

 

@The Y-man 's '10 Bagger on SS is a pretty good read.


pinkboy

 

I'm in the same boat as you, very small share portfolio and just purchased my first IP. That's why I like the speculative stocks at the moment, it keeps me interested in the stock market with one eye on the long term and one eye on hopefully making a quick buck haha.

To be honest I haven't looked into ETF's a great deal but what I have read it sounds like you need a fair chunk of capital to make it worth while, and is it true you don't receive dividends off ETFs only relying on CG?.

 

CV1 has performed strongly since IPO a couple of weeks ago. SMA is another spec stock worth investigation (disclosure: I hold both).

I also have a couple of spec mining & resource stocks doing not so well.

 

Speaking of which

Where is Topcropper nowadays?

 

Whoops - it was TC, not Y-Man. Apologies.

pinkboy

 

Hey, I'm T.C. over here, Still holding Sirtex. It's now above where it was at the top before the big dump early this year. Haven't sold any, haven't added any.

See ya's.

 

I'm doing ok on OML. Bought in middle of Aug for $2.55, today at $4.24. Only recently bought A2M at $0.90 and they've moved to $1.07 in a bit over a couple of weeks. They might have some more puff in them with the whole china/baby formula thing still growing legs.

Who is brave enough to admit holding DSH today? I'm considering buying some. DSH was a $2+ share not so long ago and they're now $0.29. I'm thinking of picking up a lazy 5000 at $0.25 if they get that low.

 

Don't have DSH but may do what @jeah might do.

 

Will be interesting to see how the other retailers are going given the problems at Woolies and Dick Smith.

Dick Smith probably more prone to weakness because of what it retails, ie electronics, which is increasingly being sourced online.

 

DSH is a classic example of why you don't buy what private equity is selling.

 

Do you mean in terms of buying before the dip, or buying now at the (maybe?) bottom of the dip?