Any Stock Tips? - Part 3

[Off Tap]

Gonnabe one of THOSE weeks for my resource stocks :-(

TGS going to get down to interesting levels again.

If you're trading keep an eye on OFX as well. You'll find that there's support for the stock around this level.

 

[ThePezDispenser]

10 to 11 look like their bottom. Copper has been falling so any negative movements will test that support again.

Looks like we'll find out very shortly.

 

[Off Tap]

Looks like we'll find out very shortly.

Shortly after I posted, YMYC was asked if they had to buy a Cu stock who'd they buy? One of the guests said the only one would be TGS as they are Australia's lowest cost producer and if the price of Cu kept falling they'd be the only one to survive.

Cu / US market off again by the looks of things overnight. TGS in for a horror day today.

 

[BurnCity182]

Thing I like about TGS is

Price/Sales (ttm): 0.91
Price/Book (mrq): 0.80

Profit Margin (ttm): 11.21%
Operating Margin (ttm): 35.83%

Return on Assets (ttm): 10.78%
Return on Equity (ttm): 13%

Undervalued, taken a big hit but still has a profit margin, still performing relatively well with what its got & not in a giant bubble waiting to burst.

Whether its decent long term I dont know, I dont really look for that but I think its definitely capable of making you 3-8% gain on any given day over next few weeks, get out then move on!

 

[BurnCity182]

My advice is for entertainment purposes only ofcourse, not a financial advisor :-D

 

[ThePezDispenser]

Hoping I didn't miss the boat. Order at .11 on TGS wasn't met.

 

[George Washington]

Hoping I didn't miss the boat. Order at .11 on TGS wasn't met.

Have you guys considered buying business that make money?

I see that shareholders of TGS have been diluted by nearly 50% just in the last 12 months.

 

[George Washington]

TGS
Contributed Equity:
2009: $80m
2010: $123m
2011: $139m
2012: $140m
2013: $179m

 

[BurnCity182]

Or you got a 13% gain if you bought TGS on open today, cash in and move on!

 

[Off Tap]

Or you got a 13% gain if you bought TGS on open today, cash in and move on!

I was expecting them to test 10c today, did you dip your toes BC?

 

[Stronzo]

Or you got a 13% gain if you bought TGS on open today, cash in and move on!

Lose half your profits in tax

 

[ThePezDispenser]

13% ROI in one day and you're worried about tax?

 

[BurnCity182]

Yep and you're right, you do get hit in tax, its just part of it. Again everyone is different, everyone trades different and everyone behaves different, so find what fits for you.

 

[ThePezDispenser]

Has anyone switched their holdings from Bell Direct to Commsec or similar switch?

It seems like quite the pain!

 

[George Washington]

Has anyone switched their holdings from Bell Direct to Commsec or similar switch?

It seems like quite the pain!

If they are CHESS sponsored it's super easy. I've gone from eTrade to CMC and back to eTrade no problems.

 

[dmc333]

Bit of a laugh at The Australian's expense. Not that there's any real surprises here.

http://www.idiottax.net/2015/01/the-australians-dopey-stock-picks-for.html

 

[Mofra]

PhytoTech going gangbusters post-IPO.
Did not have any

 

[benchwarmer5]

PhytoTech going gangbusters post-IPO.
Did not have any

Almost finished on its high

 

[ThePezDispenser]

SEG looks like it's about to get moving. Was able to sneak on at .006

 

[Mercurial89]

SEG looks like it's about to get moving. Was able to sneak on at .006

You would be relatively please with todays price then i assume

 

[benchwarmer5]

PYL nearly hit a dollar lol!!!

 

[Mofra]

Almost finished on its high

Gone crazy, touched 92c after listing in mid 30c range.
Looks like the traders/specs have a solid hold of this one. Could be worth looking at on a pullback.

 

[Power Raid]

Gone crazy, touched 92c after listing in mid 30c range.
Looks like the traders/specs have a solid hold of this one. Could be worth looking at on a pullback.

hearing whispers of market manipulation.

One of the founding directors took a $130k "sign on bonus" from the company and has bought stock. It would be a similar story with the freebies being to promoters including 18m freebies to just one guy, another 15m to the lawyer, not to mention the freebies to the founders and those close.

 

[Mofra]

hearing whispers of market manipulation.

One of the founding directors took a $130k "sign on bonus" from the company and has bought stock. It would be a similar story with the freebies being to promoters including 18m freebies to just one guy, another 15m to the lawyer, not to mention the freebies to the founders and those close.

Wouldn't be that hard for a low-cap stock that has just had some media would it?
Depth-watchers get sucked in every time

 

[ThePezDispenser]

You would be relatively please with todays price then i assume

Would have liked .009 at closure, but still happy.