• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Speculative Stock Portfolio

Discussion in 'Medium/Long Term Investing' started by aus_trader, Jul 8, 2017.

  1. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    It's bee a long time since I bought any speculative stocks. And looking back I think that was a good move since any positions would have been held only for a short time as the market continued down.

    Still cautious about overall market but I decided to buy back Zip Co Ltd(Z1P) that I have had in this portfolio before. It's having some price move from consolidating for a while which is similar to what is seen on the bigger multi-billion dollar rival Afterpay Touch Group Ltd (APT).

    PS: I have also changed Qty for the CSS shares to allow for the share split/consolidation that took place recently.

    Open Portfolio:
    upload_2019-1-19_15-49-3.png
     
    jjbinks and Trav. like this.
  2. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    Just got out of Yowie Group Ltd (YOW). I've given it enough time to see a recovery. Management keeps going on and on about the tough retail environment and the amazing success and increasing market share of it's biggest competitor, which caused the latest plunge in share price.

    Closed Positions:
    upload_2019-1-30_13-2-10.png
     
    Trav. likes this.
  3. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    Zip Co Ltd (Z1P) has had a great day up 6.7% on news Chemist warehouse joining Zip Platform.
     
  4. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    After a nice move up to 20c, Food Revolution Group Ltd (FOD) has fallen steadily and was sold today.

    Closed:
    upload_2019-2-18_19-37-40.png
     
    Skate likes this.
  5. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    Gold price has dropped a bit and I have decided to sell Aurelia Metals Ltd(AMI) position. The sell order got filled just now.

    upload_2019-3-4_15-4-1.png

    Closed Positions:
    upload_2019-3-4_15-6-44.png
     
  6. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    Clean Seas Seafood Ltd (CSS) was sold today. It was punished by the market yesterday after the numbers came out. I think the fact that the company still hasn't got to Break Even numbers must have frustrated the big market players. I'll keep it in a watchlist, now that it is sold...

    Although the market has been in a strong rally since the start of the year, I felt cautious buying into it. In fact some of the Gold related Entities in the Medium/Longer Term Stock Portfolio is a reflection of this. I haven't gone out digging up every speculative stock and loading up on the good ones with this market rally. I am still on the cautious side and happy to buy cautiously into defensive stocks. One such stock was added to the Medium/Longer Term Stock Portfolio today.

    Closed Positions:
    upload_2019-3-12_16-54-33.png
     
  7. aus_trader

    aus_trader

    Posts:
    407
    Likes Received:
    123
    Joined:
    May 30, 2017
    Zip Co Ltd (Z1P) has had a good run and I have decided to take profits as it is offering a Share Purchase Plan at 1.53 which I should be eligible to. The allocation could be so tiny though as they are capping the maximum to be raised at 5m.

    Closed Positions:
    upload_2019-3-21_16-29-30.png

    Got a fair bit of cash as a result of selling this portfolio but in no hurry to speculate at the moment.

    Also there a low-ball bid put in for the Children's Chocolate manufacturer Yowie Group Ltd (YOW) which was sold from this portfolio not long ago.
     
Loading...

Share This Page