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What's looking cheap on the ASX?

Discussion in 'Other Asset Classes' started by radson, 11th Jan, 2016.

  1. pinkboy

    pinkboy Well-Known Member Premium Member

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    Still continued to trade. I guess it might take Commsec a bit to change over individuals portfolio holdings.
    Screenshot_20161230-212407.png
    pinkboy
     
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  2. Bran

    Bran Well-Known Member

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    Mine showed a massive gain when it said I acquired BAT for 0.00 :)

    Sadly for us, the DFS was delayed, although reportedly due to circumstances outside their control. This put brakes on the momentum, but apparently will be due for release week 1 February.
     
  3. Bran

    Bran Well-Known Member

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    Here's mine. I started in April. If I can do this every 6-8 months I'll be happy! Screen Shot 2016-12-31 at 9.32.12 AM.png
     
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  4. trinity168

    trinity168 Well-Known Member

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    I started in August 2016. Just LICs and VGS. I recently purchased a handfull of BAT, which is not included in the graph below.

    upload_2016-12-31_11-9-25.png +
     
  5. Bran

    Bran Well-Known Member

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    Argh! All these people in the casino with me buying BAT. :)
    Hope it pays off or I'll be run out of town!
     
  6. Bran

    Bran Well-Known Member

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    Options were shot in the foot with the DFS delay. Many of us unhappy as no indication this was going to happen. 15c started to look like a shoe-in
    This coincides with increasing stake in the company with shares/options to the board in lieu of incomes - David Flanagan on 60k pa cash compared with the 3m when he was with Atlas... why? Indicates something good coming, no?
     
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  7. Barny

    Barny Well-Known Member

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    Hi Austing, do you still reinvest the dividends every year back into the lic's? I thought you mentioned you stopped buying them in other post.
     
  8. pinkboy

    pinkboy Well-Known Member Premium Member

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    Pretty sure @austing takes the dividends as cash to fund his retirement, but because they don't spend all the cash each year, he has spare funds to redeploy to purchase more stock when he sees value. Correct?

    pinkboy
     
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  9. Barny

    Barny Well-Known Member

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    Yep think that's right. I think he said he hasn't bought more lic's in about 2 years. Wondering if you have lots of excess cash, where you would put it till the time is right to buy more again.
     
  10. austing

    austing Well-Known Member

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    Correct. Actually I've never used DRP in my life. Even prior to retirement I preferred to receive the cash dividend, pool then reinvest when / where I thought there was best value. If my memory is correct I think Thornhill did the same.

    Not for one minute suggesting this is the best approach but just what I like to do. Plus record keeping for DRP (cost base etc for future potential CGT) can be a nuisance.
     
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  11. austing

    austing Well-Known Member

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    No, I said there have been times where I haven't purchased anything for around two years. Typically after a crash buying spree where I then focused on repaying debt and rebuilding cash buffers. I have purchased in the last six months eg WHF SPP, FGG and a few other things. But since Trump's election I haven't been interested in buying anything. Being retired and having reached our income goals I'm becoming more conservative and only buying mostly when something has bargain written all over it. Also cash will likely be a greater percentage of our portfolio as we age.

    Excess cash is generally deposited in an online high interest account such as Ubank. I like easy access (no term deposits) so when opportunities arise or liquidity is needed to find Lifestyle the cash is available immediately. At this stage of our life shares are for income and cash for opportunity and liquidity.
     
  12. austing

    austing Well-Known Member

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  13. Bran

    Bran Well-Known Member

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    I think BAT holders should shut their eyes for a month.
     
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  14. Ardi

    Ardi Well-Known Member

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    Is anyone loading up further on BAT before the next announcement?
     
  15. willair

    willair Well-Known Member Premium Member

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    Not by the volume that's going through,who ever bought 3,000,000 for 0.08 cents shows no signs of cowardice ,or put in the wrong code number..
     
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  16. Ardi

    Ardi Well-Known Member

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    Do you take it as a sign someone knows something? Or someone is having a gamble?
     
  17. willair

    willair Well-Known Member Premium Member

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  18. Bran

    Bran Well-Known Member

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    That's a prop - ignore it.
     
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  19. willair

    willair Well-Known Member Premium Member

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    You may be right by the volume and price a few minutes ago..

    The only one i'm interested in after watching it balance out again is TRS..IMHO..i have a small holding from a few days ago entry..
     
  20. wombat777

    wombat777 Well-Known Member Premium Member

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    I bought my holding in TRS when it was 8.25 in Nov 14. Hopefully it won't fall further. Have not been following it though.