We run the checklist over SFR, review Tony’s recent journal entries, and then answer your questions about capital gains tax, share consolidations, 3PTL lines, why TK was buying BPT, OFX’s cash situation, forsaking profit by waiting for sell line breaches, leveraging your home to buy shares, how the “Manually entered scores” tab works on the checklist, and whether or not TK has seen better/worse/same returns when his allocations allowed him to buy small/micro caps. We also review the EOFY positions for our dummy portfolio and TK’s portfolio.
Today we chat with Elio D’Amato, Host of Spotee, Independent investment expert and former Executive Director at Lincoln Indicators.
On this episode we talk about Tony’s recent journal entries regarding ADH, WSA and SFR, then we answer your questions about why we might invest in companies with poor financial health scores on Stock Doctor; why Tony isn’t a “range trader”; how Tony would start a new fund with only $10K; whether or not we should wait until reporting season before investing; definitions of “positive sentiment”; and the current takeover of IFN.
We start off this episode with a recap of last week’s journal entries, then answer your questions about when Tony sells a stock, how to build a portfolio from scratch, the pros and cons of different Buy and Sell order types, and which stocks are in Tony’s portfolio.
Our guest today is Johannes Risseeuw, Executive Chairman of Damstra (DTC). He talks to us about what Damstra does, what the role of an Executive Chairman involves, the capital raising process, and what Tony was like 20 years ago when they worked together at Shell.
We talk about the thinking behind some of Tony’s recent journal entries, including Eclipx (ECX), AGL, Credit Corp (CCP) and Sandfire Resources (SFR). Then we get into answering questions. Elmar asks about Michael Hill International (MHJ) and how to mathematically find out at what point the selected stock is no longer a buy. Chris asks whether or not we can use a moving average to replace the three-point trend line. Dr J asks how Tony decides when to sell a stock.