ASX Shares What's looking cheap on the ASX?

@wombat777 and @Bran ....thanks guys for the input.

I got couple of mortgages that's why it is bit chalenging for me to make extra contribution.

Thats why i got into direct holdings, tgere are 13 stocks in my portfolio and recently i have canceled the DRP for majority of those....the only reason is individual share price is pretty high and with small dividents, I don't get many shares anyway so I canceled.

I am tempted to sell at least 10 of these and use that money to buy LIC's- but then there are plenty options in lic's

 

Lots of stuff looking cheap ATM.....5000/5100 is pretty decent support. Resource and Gold related stocks ripe for the picking.

 

Another good blog post from Ben Carlson

You Are Not Stanley Druckenmiller

 

Does anyone know of a site/calculator that allows you to plug in a particular share code, and it can estimate the total increase in value over a period of time if you are using DRP, based on previous dividends? I suppose I could put together a spreadsheet, but a calculator would be handy!

 

You can do this with sharesight.com. You just need to register for a free account. You just need to work back say 5 or 10 years for your initial trade, although you can use any period.

I have a paid membership and have 3 portfolios. One of these I have called 'what-if' and I use it when researching particular stocks/ETFs. I run two other portfolios, one for my own share portfolio and another for tracking direct investments in ETFs via my super fund.

 

Thanks wombat - I did sign up for the free account however it seems the income report is a premium feature where you need a paid membership?

 

No - you don't need the income report. All the information is in the portfolio page.

For example, input a trade 5 years ago. Under "Holding Settings" for the stock set the automatic DRP option to "On". You should then see any dividend distributions accumulate within the holding as reinvested dividends.

 

Hi @wombat777 - I tried sharesight.com and set up my account (free) , I got 13 holdings and I was happy to put 10. I tried using CSV and filling up all the details but my portfolio isn't adding up.......I may have to contact there customer service?

 

Thanks for the tips regarding sharesight, it's a really good snapshot for holdings / grossed up dividends / DRP. I wonder why brokers like Commsec don't offer such a service?

 

SOL slowing creeping down to reflect TPM sell off back in Sept 20?

 

TPM has continued to fall, dipped under $7. SOL has a long way to go to reflect that based on the earlier posts.

Not sure if they are well priced at the moment or not.

 

From 11.83 to 7.00 today for TPM, 40% dip.

 

Can anyone please help me to understand why the severe 40% dip for TPM? Sorry I'm monitoring telecom stocks but if price is that cheap, I might get some TLS and TPM.

 

TPM

Crash: Why the TPG Telecom Ltd share price is cratering today



From my understanding, TPM has always exceeded their earnings projection, and when they didn't, even if they met it, that is what happened to their share price.

Am only on my L-plates here so ...

 

Yep. I'm riding it out. Average buy in 8.32. Ouchie

 

CSL and TLS have both taken dropped 10%+ over the last 6 months

 

Bought a parcel of ADA - Adacel Technologies today
Air Traffic Control software

 

There was a comparison between these two giants by RM.
Chasing dividends often overlooks growth

 

Investors chasing the highest yielding blue chip shares are missing out on the returns and income available from true blue chips – the type that we prefer to fill our portfolios with -

Roger Montgomery founder and Chief Investment Officer of Montgomery Investment Management.

 

i dont know if CSL is still a value play despite its drop....but its surely one of the bluest of all blue chips on the ASX.
How do I know? Look at its performance over an extended period of time- good times and bad- it delivers...in a global environment...such is the quality of its management and stock. Thats blue chip in my book.