ASX Shares What's looking cheap on the ASX?

Most industries will have risks. I personally am not investing in mortgage choice but if given choice to pick one between CCV and MOC I would pick MOC as I have better understanding on how company makes money and provided there is no significant structural changes to industry I can foresee the company making more money 5-10yrs from now. Secondly, there is long history of steady rise in dividends and cash profits something that is very important to me as an investor. Current yield also makes it attractive.

Cheers,
Oracle.

 

My MTA is up 28% this week. Still probably cheap and Should be more to come but still speculative. One of my two speccy stocks

 

MOC surged 12% a few months ago and now down a fair bit quite suddenly. Is that a buying opportunity?

 

Metals of africa?

 

Yep
I bought in at 5.0, 4.9, 4.7.

 

What are your plans for these speccies? Do you have a price point at what you plan to recover some cash?

 

It closed up about 65%. The sales volumes at close were huge, and I think it will hit 100% Monday based on the commbank orders.
I was going to take my money out at 100% gain and dump it back into LICs, but much of the good news we were waiting for hasn't arrived, nor been priced in. So maybe at 400%?
We are talking chump change though, money I was prepared to lose... but I did a lot of reading around the company and the topic, and was enough there that I could see value in it.
I might just let it run and run forever...Nothing to do with investing, but my old man bought some at the same time and it gives us something to bond and laugh about - that's worth more than the purchase price

I only have 2 speccy stocks. This and Tesla. The rest is split between managed funds, LICs and ETFs, with a hanfdul of 'bluechips' that i bought early on. My biggest problem is equity... I'm trying to take some short cuts to get some.

 

Anyone else buy broo beer ltd IPO stock. The IPO was 20cents, it floated on Friday and today has closed at 45cents. The ticker is BEE.

I reckon it's got a bit more to run before the hangover kicks in and the price slips back. Long term once the price stabilizes, it will be a good company I think.

 

Looks way too frothy for me

 

MTA closed at 8.5c today. Ever so closer to a 100% gain in 4 weeks.
Still should have some room to run. Made up for catching TPM falling at 8.50, then 7.95.

 

Damn. I looked at the IPO but decided against it. Oh well I didn't lose anything

 

That was a good buy,20 cent start-ups can work well ,in the $2.00 entry range i bought in a while back went into the 5 buck range then back around just below and above 5 bucks
"Charting or technical analysis is a popular method used by professional traders to evaluate how and when to trade into and out of the financial markets."..IMHO..i do hold a small amount of this listed company..

 

What is an off market trade? And, how is that actioned?
Is there a reference of IPOs listings that went boom or bust.

 

Of great interest to me, my MTA parcel is now up 114% in about 2 weeks. After chasing it down a dip, this has now become my biggest holding in my portfolio - yikes. 10.5c (26% today alone).

I don't think I'm ever likely to get lucky with a speccy again (this is all it is), but this should have a pretty free run up to 20c from here.

Im just going to let it run, at least until all the expected announcements are made. I contemplated buying a bit more this morning at 8.5c, but was too busy working. Damn!

 

Snapchat IPO planned for early next year. I don't even have a snapchat account, so, not sure where/how they are making their money. Anyone thinking of snapping some snapchat?

 

WES has been beaten down hard yesterday and this morning. Solid business with a couple of dog brands. Worth a look around 40 pesos.

pinkboy

 

There are a few out there ex div,but i have been sitting on a low end bank bought in may 12th went into above 15% down then only 4 days ago goes above the entry range then over the last 2 days goes straight back down..

 

Have been looking closely at WES too. Might jump in it it falls any further.

 

Nooooo.

 

ARG stocked up on estia recently. Thoughts?