Join Australia's most dynamic and respected property investment community

Top 20 Valued shares at ASX

Discussion in 'Other Asset Classes' started by gnokybbob, 23rd Oct, 2015.

  1. gnokybbob

    gnokybbob New Member

    Joined:
    6th Jul, 2015
    Posts:
    3
    Location:
    Melbourne, Vic
    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?
     
  2. Blacky

    Blacky Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    1,103
    Location:
    Bali
    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
     
  3. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,390
    Location:
    Mt Druuiitt
    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.
     
    joel likes this.
  4. Greyghost

    Greyghost Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,259
    Location:
    Melbourne
    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.
     
  5. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    125
    Location:
    Sydney
    I was looking at Blackmores when it was $14

    Still looking :(
     
    Observer, KayTea, Terry_w and 2 others like this.
  6. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    125
    Location:
    Sydney
    BKL went over $200 today.... yikes
     
  7. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    957
    Location:
    Sydney
    OP what are you trying to achieve here?
     
  8. Casteller

    Casteller Well-Known Member

    Joined:
    30th Jun, 2015
    Posts:
    344
    Location:
    Barcelona
    I think the OP is confusing Value in this context which is just market capitalization, nothing to do with being "good value".
     
  9. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    895
    Location:
    Ocean Reef, WA
    As of three hours ago, I'm short BKL from $169.90 @ 5:1 leverage.

    Looks like it was filled about 90mins ago.
     
  10. Speede

    Speede Well-Known Member

    Joined:
    26th Sep, 2015
    Posts:
    166
    Location:
    Google Armchair Expert
    Doing well mate
     
    Aaron Sice likes this.
  11. The Falcon

    The Falcon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    957
    Location:
    Sydney
    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.
     
  12. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    895
    Location:
    Ocean Reef, WA
    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]
     
  13. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    895
    Location:
    Ocean Reef, WA
    BHP @ <$20 and Blackmores at $180?

    Something ain't right.
     
  14. Ted Varrick

    Ted Varrick Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    570
    Location:
    No Mans Land
    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...
     
    datto likes this.