QAV S01E40 — Tony Gives Up His Rights

by | Dec 4, 2019 | Podcast Episodes | 0 comments

Season 1, Episode 40

 Tony Gives Up His Rights 

Tony talks about rights issues and some of the com­plex­i­ties involved in know­ing whether to take them up or not. I know, right? Sounds bor­ing! It was­n’t actu­al­ly, I learned a lot. We also dis­cussed a few recent news arti­cles about val­ue invest­ing, Tony reveals his wine of the week, and in our analy­sis sec­tion we break­down the finan­cials of Hori­zon Oil. 

As I’m post­ing this late in the day on 2019-12-04, our port­fo­lio is out-per­form­ing the All Ords by 1300%! 

I know that won’t last, but it’s a nice num­ber to see, even if it’s just for a sin­gle day. The ASX had a bad cou­ple of days, down 3.5% since Mon­day, thanks, so I’ve been told, to Trump’s inten­tion to impose a 25% tar­iff on steel and a 10% tar­iff on alu­minum imports from Brazil and Argenti­na. Our port­fo­lio has­n’t moved much though. Per­haps because we’re already buy­ing the stock at a dis­count to their intrin­sic val­ue? 

Still, of course the ASX will pick back up and we’ll be back on track for our 200% bench­mark at some point. I won­der how many com­pa­nies just went QAV pos­i­tive today? 

 

 

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