Australian (ASX) Stock Market Forum

Buying the Dip on ASX

Joined
3 May 2019
Posts
4,894
Reactions
7,224
Seeing a few stocks looking like fair bargains at the moment, when considering a longer term horizon.

Xi signalling to Russia to end the war, China backing out of zero stupid policy and the well entrenched start of the maniacal (arguably) green transition, all leans in to a new bull market argument, soon enough. There's always unwritten caveats in life though.

I've lost track of where we are with semiconductors, but my thoughts were eventually the chippies would have a good run again.
Other thoughts lead to copper, zinc, nickel, cobalt, vanadium and phosphates/ fertiliser & battery anodes. Let's not forget graphite.

Just a few thoughts out loud.
Merry Christmas and happy new year to all. 🍷🥳🍺🍻🥂🍾🥃🍸🍹🍶☕🍼
 
Joined
20 December 2021
Posts
469
Reactions
1,015
Waste of time watching a non performer, dyna. I'm giving this one the flick now....wasted yesterday watching it (that's the only way for me to find out how each stock behaves)..........still of the opinion that in bad times, go for the best........the proven. Good luck, dyna, Merry Christmas!
 
Joined
20 July 2021
Posts
5,735
Reactions
7,639
2 stocks at their year low yesterday are SHV and CKF..... will they retreat further is anyone's guess
i bought some extra SHV earlier in the week ( at 3.95 )

will probably start thinking about a further buy about 3.50 or less

plenty of risk [ to the downside in share price] to be sure , but can you count on a 'load up the truck ' moment

CKF ?? not me , have had too many ordinary experiences there , maybe RBD ( i don't hold ) is the better play spreads out it's array of franchises
 
Joined
20 December 2021
Posts
469
Reactions
1,015
Both made new lows today, divs, but closed well. Watched SHV after my return from the shops after 3pm. Depth looking better this afternoon. Find this stock volatile and unpredictable; appeared more stable this afternoon (don't know what it was doing this morning after my last post).. it's closed higher than your purchase price, so that's good news.
 
Joined
20 July 2021
Posts
5,735
Reactions
7,639
RESTAURANT BRANDS NEW ZEALAND LIMITED ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Restaurant Brands NZ Limited (RBD) is involved in the operation of quick service and takeaway restaurant concepts in New Zealand, Australia, California, and Hawaii (including Saipan and Guam)

the usual issues being an NZ stock on the ASX , no franking , low liquidity , but has some Taco Bell franchises in Hawaii among the assets ( they don't stick to just one brand )

( i do not hold , but do have on the watch-list )
 
Joined
28 August 2021
Posts
940
Reactions
1,710
RESTAURANT BRANDS NEW ZEALAND LIMITED ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Restaurant Brands NZ Limited (RBD) is involved in the operation of quick service and takeaway restaurant concepts in New Zealand, Australia, California, and Hawaii (including Saipan and Guam)

the usual issues being an NZ stock on the ASX , no franking , low liquidity , but has some Taco Bell franchises in Hawaii among the assets ( they don't stick to just one brand )

( i do not hold , but do have on the watch-list )
Good afternoon divs4ever
What happened on or about 20 October 2022?? Nothing in the RBD thread...
Couldn't find an appropriate announcement which would decimate the SP ... maybe rcw1 dreaming...

kind regards
rcw1
 
Joined
3 May 2019
Posts
4,894
Reactions
7,224
I feel the money flowing back to AUD soon.
USD way overbought... some will find it's way back to the EU & Yen, but we're odds on favourites ATM IMO 🤐
Above was 17th October. Was certainly an inflection point.

Screenshot_20221222-212945.png Screenshot_20221222-213045.png Screenshot_20221222-213056.png Screenshot_20221222-213151.png Screenshot_20221222-213209.png
Screenshot_20221222-213513.png Screenshot_20221222-213541.png

Equity outflows at a 3 month high recently, with inflows back into bonds gaining traction, in order of global, corporate then government.
Asian and European equities have also seen recent inflows, but the winner of inflows appears to have been the money market funds and energy.
Haven't been keeping tabs on things lately, but hopefully catch up over the break.
All funds were pulled out from the US late October. Recommendations were made privately to buy Yen, but hands got sat on instead, out of apathy. Meh.
 
Joined
20 July 2021
Posts
5,735
Reactions
7,639
Good afternoon divs4ever
What happened on or about 20 October 2022?? Nothing in the RBD thread...
Couldn't find an appropriate announcement which would decimate the SP ... maybe rcw1 dreaming...

kind regards
rcw1
there was this on the 26th

26 October 2022
ASX/NZX Restaurant Brands Sales up 32.3% with Roll Over of COVID-19 Lockdowns

Restaurant Brands’ total sales for the third quarter to 30 September 2022 increased to $322.2 million (up 32.3% over the equivalent period last year), as sales recovered from the impacts of the 2021 COVID19 restrictions in New Zealand and Australia. Worldwide inflationary pressures have continued from last quarter, with the company still experiencing significant cost inflation across all regions. The company continues to implement price increases where possible in response to these increased costs. Total year to date sales reached $907.1 million (an increase of 15.7% on the prior year). Total sales were supported by the inclusion of 20 new stores (to 372 stores in total), lower levels of COVID-19 disruption and the strengthening US and Australian dollars over the prior year. New Zealand Third quarter sales for New Zealand were $137.6 million, up 43.9% in total and 2.2% on a same store basis. Prior year trading was impacted by Government-mandated trading restrictions. Adjusting the prior year sales to account for an estimated $26 million of sales lost due to COVID-19 restrictions, sales increased by 13.1% during the quarter. All brands showed sales growth, with staff isolation requirements reducing as COVID-19 restrictions continue to be eased and overall case numbers drop.
Total year to date sales were $389.4 million, an increase of 16.3% on the prior year and 1.6% on a same store basis. Store numbers increased by two during the quarter to 140 stores, following the opening of new Taco Bell stores in Botany, Auckland and near Christchurch Airport.
Australia
Australia’s sales for the third quarter were $A65.5 million ($NZ73.1 million), an increase of 23.6% in total (local currency). Total sales growth over the prior year is distorted by the impact of COVID-19 Government restrictions imposed during 2021.
Same store sales were up 10.4% (local currency). Mall and in-line inner city store sales continued to recover towards pre-COVID-19 sales levels.
Total year to date sales were $A188.4 million ($NZ206.5 million). This is an increase of 12.3% on a total basis on the prior year and 5.6% on a same store basis. Store numbers increased by one during the quarter to 82 following the opening of a new Taco Bell store in Chatswood, Sydney.
Hawaii
Sales for the third quarter in Hawaii were $US39.9 million ($NZ65.1 million), showing growth of 7.7% in total and 2.6% on a same store basis (local currency). Hawaii trading continues to be strong, with sales growing past pre-pandemic levels. The full reintroduction of the Taco Bell Mexican Pizza Taco has exceeded sales expectations and is driving sales growth into the fourth quarter. Total year to date sales were $US115.9 million ($NZ180.3 million), an increase of 5.7% on a total basis on the prior year and 2.8% on a same store basis. Store numbers increased by one to 75 stores during the quarter with the opening of a new Taco Bell store in Kilauea.
California
California’s sales in the third quarter were $US28.5 million ($NZ46.4 million), an increase of 3.0% on a total basis but a decrease of 3.3% on a same store basis (local currency). Same store sales have reduced on the prior year in the absence of Government stimulus payments and with Californian consumer spending falling in the face of high inflation levels. Total year to date sales were $US84.3 million ($NZ130.9 million), an increase of 1.7% on a total basis on the prior year but a decrease of 3.0% on a same store basis.
Store numbers increased by one during the quarter to 75 stores following the opening of a new KFC store in Ridgecrest.

Authorised by:

no specific ann . closer to the 20th

Oz trading volume gives no hints

27/10/202210.78010.78010.78010.780-1.190-9.9460
20/10/202211.97011.97011.97011.9700.0000.002
19/10/202211.97011.97011.97011.970-0.020-0.1737
18/10/202211.99011.99011.99011.990-0.410-3.31100
12/10/202212.40012.40012.40012.4000.0000.001
11/10/202212.40012.40012.40012.4000.0000.003


since trading is so light i would guess someone impatient to leave , less than 300 shares traded in October doesn't scream 'leaky ship '
 
Joined
8 June 2008
Posts
10,080
Reactions
13,127
Above was 17th October. Was certainly an inflection point.

View attachment 150812 View attachment 150813 View attachment 150814 View attachment 150815 View attachment 150816
View attachment 150817 View attachment 150818

Equity outflows at a 3 month high recently, with inflows back into bonds gaining traction, in order of global, corporate then government.
Asian and European equities have also seen recent inflows, but the winner of inflows appears to have been the money market funds and energy.
Haven't been keeping tabs on things lately, but hopefully catch up over the break.
All funds were pulled out from the US late October. Recommendations were made privately to buy Yen, but hands got sat on instead, out of apathy. Meh.
Good point FR.
I bought a little bit of yen but too early,and shifted USD to CHF in time but to no major big win vs AUD .
At least i am not losing overall.
It is a hard market to sail.
Especially as medium term currency play..i am not day trading fluctuations,just trying to smooth assets variations via diversified currencies.plenty of aud exposure thru RE and living here,...
 
Joined
20 December 2021
Posts
469
Reactions
1,015
Good point FR.
I bought a little bit of yen but too early,and shifted USD to CHF in time but to no major big win vs AUD .
At least i am not losing overall.
It is a hard market to sail.
Especially as medium term currency play..i am not day trading fluctuations,just trying to smooth assets variations via diversified currencies.plenty of aud exposure thru RE and living here,...
Some shifted CHF to AUD some months ago.

Our market is liquid. Overseas money coming into our share market. Noticed more transacted pre market today, mostly EP and EC
 
Top