Top 20 Valued shares at ASX

Discussion in 'Sharemarket News & Market Analysis' started by gnokybbob, 23rd Oct, 2015.

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  1. gnokybbob

    gnokybbob Member

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    Hi savvy investors in this forum, I am just wondering what does it mean with Top 20 Value if we look at performance table of share listings.

    If we are talking about top 20 volume, this is indeed self explanatory, we are looking at top 20 most traded shares with highest volumes.

    But if we are talking about top 20 value, what does it mean?!

    ----
    And are there any tricks / ways to spot the share to buy from this top 20 table?
     
    gnokybbob, 23rd Oct, 2015
    #1
  2. Blacky

    Blacky Well-Known Member

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    Top 20 by value.
    one company may have 1million trades at $1 each ($1,000,000)
    Another company may have 100,000 trades at $100 each ($10,000,000).

    although the second company had 'fewer' trades. Total trade value was higher.

    (I think)

    Blacky
     
    Blacky, 23rd Oct, 2015
    #2
  3. datto

    datto Well-Known Member

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    IMO the share market is manipulated by the big players. The "trick" is being in the know as to which companies are going to be sold down or pumped up by the big players. Get it wrong and you get burnt.
     
    datto, 23rd Oct, 2015
    #3
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  4. Greyghost

    Greyghost Well-Known Member

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    6 months ago I was looking at "blackmores" @ $55..
    Now
    $150...

    Everyone wants that quick fix lifestyle, info, entertainment and health! So no suprise vitamin supliments are a growing industry.
     
    Greyghost, 24th Oct, 2015
    #4
  5. marty998

    marty998 Well-Known Member

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    I was looking at Blackmores when it was $14

    Still looking :(
     
    marty998, 28th Oct, 2015
    #5
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  6. marty998

    marty998 Well-Known Member

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    BKL went over $200 today.... yikes
     
    marty998, 29th Oct, 2015
    #6
  7. The Falcon

    The Falcon Well-Known Member

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    OP what are you trying to achieve here?
     
    The Falcon, 9th Nov, 2015
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  8. Casteller

    Casteller Well-Known Member

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    I think the OP is confusing Value in this context which is just market capitalization, nothing to do with being "good value".
     
    Casteller, 9th Nov, 2015
    #8
  9. Aaron Sice

    Aaron Sice Well-Known Member

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    As of three hours ago, I'm short BKL from $169.90 @ 5:1 leverage.

    Looks like it was filled about 90mins ago.
     
    Aaron Sice, 18th Nov, 2015
    #9
  10. Speede

    Speede Well-Known Member

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    Doing well mate
     
    Speede, 19th Nov, 2015
    #10
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  11. The Falcon

    The Falcon Well-Known Member

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    If I was a shorter then BKL is not a bad target I reckon, but shorting is hard work, no tailwind long term. Out of interest Aaron at what point do you capitulate and start to look to cover in the event of share price appreciation in a case like this, Curious to know.
     
    The Falcon, 20th Nov, 2015
    #11
  12. Aaron Sice

    Aaron Sice Well-Known Member

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    shorting, for me, is easier - fear is 10x easier to predict.

    greed is just greed - or the fear of missing out. Not as strong as the fear of losing your capital.

    either way - I'm wiped out. traded straight thru my stop @ $171.95, after gapping up above my stop - i had to wait for it to trade under and come back at it from the other side....oops.

    too early for fear obviously...

    [​IMG]
     
    Aaron Sice, 20th Nov, 2015
    #12
  13. Aaron Sice

    Aaron Sice Well-Known Member

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    BHP @ <$20 and Blackmores at $180?

    Something ain't right.
     
    Aaron Sice, 20th Nov, 2015
    #13
  14. Ted Varrick

    Ted Varrick Well-Known Member

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    Datto, I think you might be right.

    But it looks like the big players like Blackmores (closed at $195.06 yesterday, so i (genuinely) hope Aaron's not hurting too much..) and BHP is at $17.20. I'm sure there's a bunch of super funds that hope (which generally ain't a good strategy) that their returns arent looking too second hand by close of business 31st December...

    Oh, why, WHY? Didn't they just cash out and put it all on Prince of Penzance a month or so ago?

    I can only imagine what the Hockey Stick Graph would have looked like then.

    Oh, well there's always next year...
     
    Ted Varrick, 13th Dec, 2015
    #14
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