Any Stock Tips? - Part 3

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The BIG X said:
Anyone got any thoughts on the Banks???
CBA, WBC, ANZ and NAB - all under performing.
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If you're going for a buy/hold approach on banks. It may be a good time to take a look and top up.

The BIG X said:
I still enjoy their dividends - but would like their price to be more consistent
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You invest in shares now, pricing won't be consistent :p.
 
Anyone watching Domino's? Rebranded recently to expand the perceived product range. One of the big gainers in recent times of volatility.

Worth noting that a possible recession could spark an increase in consumer's willingness to save money by eating discount-priced fast food. Gambling related equities also worth keeping an eye on during periods of contraction.
 

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Thomas9 said:
Anyone watching Domino's? Rebranded recently to expand the perceived product range. One of the big gainers in recent times of volatility.

Worth noting that a possible recession could spark an increase in consumer's willingness to save money by eating discount-priced fast food. Gambling related equities also worth keeping an eye on during periods of contraction.
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In a recession I wouldn't be expecting companies selling at p/e of almost 70 to be doing very well.
 
JoseMourinho said:
You invest in shares now, pricing won't be consistent :p.
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DRP stocks are your friend ;)

I prefer derivatives for trading but I am generally satisfied with my basket of 24 or so LT holds.
I'd like to say I'm a master stock picker and they're all green but.... I don't have a problem with crystallizing losses so of course almost anything I hold is going to be green.
 
JoseMourinho said:
Still isn't consistent pricing though :( :p
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"If you want consistency, buy custard" :p
If there was a giant neon sign with updated house prices minute per minute above most people's home we'd have a spate of heart attacks.

I remembered years ago when I stated investing many people talked about psychology of trading/investing and I thought it was less important than methodology, but it's absolutely right.
I can hold quality shares through dips without a problem (not wanting to trigger CGT events certainly helps) and reach my margin requirements for ETOs days out of expiry by selling truckloads of theta (IV spike above HV preferably) and still sleep soundly at night. I'm not sure I could have done that a decade ago.
 
Thomas9 said:
Anyone watching Domino's? Rebranded recently to expand the perceived product range. One of the big gainers in recent times of volatility.

Worth noting that a possible recession could spark an increase in consumer's willingness to save money by eating discount-priced fast food. Gambling related equities also worth keeping an eye on during periods of contraction.
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Generally, the big winners during a recession are supermarkets IIRC.
 
Mr Commissioner said:
Some real stinking picks in here - better off throwing dollars down on red or black.
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That's part and parcel of the game, do some reading on the stock market.

Picking one multi bagger in 5 and you're doing well if you've set up appropriate stop losses on the others.
 

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ThePezDispenser said:
That's part and parcel of the game, do some reading on the stock market.

Picking one multi bagger in 5 and you're doing well if you've set up appropriate stop losses on the others.
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No - pick a stock with a growing market, sound management and quality product and you're half way there - penny dreadfuls are worse than casino odds.

Hence, these pick stink.
 
Mr Commissioner said:
No - pick a stock with a growing market, sound management and quality product and you're half way there - penny dreadfuls are worse than casino odds.

Hence, these pick stink.
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That attitude does lead to them sometimes being undervalued though.

Share price on its own provides no insight into whether or not it's actually a good company. Berkshire hathaway if they wanted could split their class B shares 13000:1 and they'd be worth cents each. It doesn't mean the underlying business is different from before, just that there are more shares for the same level of ownership.
 
Nice day for TGS.

BDR and RMS also having a very good time of it lately.

And how about FMG on the recovery?
 
benchwarmer5 said:
Probably maybe but its at a premium for a reason
MFF and MFG I traded for a while simply as a currency play but I think that has exhausted itself but they are quality 2
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Not necessarily a reason to buy-in though.

As an aside, WAM Leaders will be IPOing this year. Prospectus to be lodged early April. Capital rising to close in early May. Will be one to watch.
 
Elixuh said:
Not necessarily a reason to buy-in though.

As an aside, WAM Leaders will be IPOing this year. Prospectus to be lodged early April. Capital rising to close in early May. Will be one to watch.
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True
Yeah ill go through the prospectus but not so keen on it yet. Gonna be tougher to outperform in that part of the market and I already balls deep with Geoff WAM + FGX :)
 
I bought SGH at $3, watched it climb to nearly $8, still hold it all at 30c. Fml. If I ever offer advice in here, someone card me. Ta
 
Windowlicker8 said:
I bought SGH at $3, watched it climb to nearly $8, still hold it all at 30c. Fml. If I ever offer advice in here, someone card me. Ta
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Everyone got caught on it. I didn't though. Didn't want to touch law firms.
 
Windowlicker8 said:
I originally had the same POV but had my arm twisted. Never had a reason to hate the bulldogs but now I do. FML
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Well, hope it recovers! I know with my mining exposure which I didn't sell out of. I'm going to be hurting there for a long time!
 
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