Light Trades 2024-10-01

Hi folks

I screwed up when I sug­gest­ed VUK as a “pos­si­ble” buy on 13/09/2024. It was in the process of being acquired and I missed it in my notes. Tony remind­ed me today. 

On 25/9/2024, it was sus­pend­ed from quo­ta­tion when Nation­wide Build­ing Soci­ety, the largest retail bank in the Unit­ed King­dom and the world’s largest build­ing soci­ety, acquired all of the issued share cap­i­tal in VUK and it has now been delist­ed from the ASX. If some­one did buy shares and you’re still hold­ing it, you should con­tact your finan­cial advi­sor and/or bro­ker to dis­cuss your options and please accept my apolo­gies if this has caused any­one any incon­ve­nience. 

The good news is that the share price has­n’t real­ly moved since 13/9.

I’ve made changes this after­noon to the news alert sec­tion of my buy list to make it more dif­fi­cult to miss those kinds of notes in the future.

In oth­er good news, ASG and NOL are both above their sell lines today. 

All the best,
Cameron

SELLS

BUYS

CURRENT HOLDINGS

** Please remem­ber to review our Buy­ing Guide­lines to under­stand which cap bands you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. 

DISCLOSURE 

In the inter­est of full dis­clo­sure, we would like to advise that, as of the date of this email, the QAV team cur­rent­ly hold these stocks in their per­son­al port­fo­lios:

ABA AGL ANZ BOQ FHE FPR MMS PRN PRU QBE RMS RSG SSM SUL WAM WGX GEM TLS

Please note that our per­son­al hold­ings might not include the stocks we rec­om­mend in QAV Light. This is because we already have full port­fo­lios (15–20 stocks) and can only add new stocks if we have to sell some­thing. 
If you’re inter­est­ed in learn­ing more, please review our trad­ing and dis­clo­sure pol­i­cy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works. 

1. We send you an email every Mon­day advis­ing which stocks we are adding to our Light port­fo­lio.
2. You can copy our trades, but please remem­ber to review our Trad­ing Guide­lines to under­stand which cap you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. And con­sult a finan­cial plan­ner before mak­ing any deci­sions.
3. We don’t rec­om­mend that you add stocks which are already in our port­fo­lio. Their posi­tion on our buy list might have changed since we rec­om­mend­ed them. Just start with the stocks rec­om­mend­ed after you become a mem­ber.
4. If one of the stocks we add breach­es one of our sell con­di­tions, we will sell it from our port­fo­lio and you’ll get an email advis­ing of the trade. Again, you can copy our trades, but seek finan­cial advice before mak­ing any deci­sions. And please check your Rule #1 price (see Trad­ing Guide­lines).
5. If you come across any QAV ter­mi­nol­o­gy that you don’t under­stand, please review our ter­mi­nol­o­gy guide or just email us for clar­i­fi­ca­tion.

That’s it for today! 

If we decide to buy or sell some­thing, we’ll let you know. 

Got a ques­tion? 
[email protected]