There’s blood on the streets! We introduce the underlying commodity Josephine rule, MML is now X64, aluminium is a sell, iron ore sell fudge, RBA lifts interest rates, Rule 1 price for penny stocks, pulled pork on PDL, what is a “Cash settled total return swap”, investing during interest rate rises, Alumina v Aluminium, Rule #1 alerts when you’ve bought a particular stock in a few different tranches, GMA and the Impact of rising interest rates, when to factor a dividend back into the price.
Update from Denis in Ukraine; YAL dividend and drop; Copper is a sell; Another construction company collapse; ASG pulled pork; buying new entries; MML CEO’s sudden exit; WGX announced capital raising; leaving a 10% gap between buy and sell price; CAA and the aluminium price; how to evaluate stocks that are relatively recent entrants on the ASX.
War driving demand for precious metals; how to gross up the sell price of a stock going ex-dividend; tech pipe dreams; new consensus target date filter; Denis contributions; MML revenue drop and bad news; rebuying a stock you’ve just sold; using EMA and SMA or “price change 1 month” to calculate a Josephine; is performance better over reporting season?
Our two stock tips for the week.
This week we recorded while I was staying with Tony down at Cape Schanck! We talked about the collapse of BPT, why ATL is our SOTW, the highlights of the Berkshire Hathaway 2021 AGM, the importance of price to cashflow in our checklist, Stock Doctor’s coverage of A2 Milk, why companies issue new shares at a steep discount, MML’s 3PTL buy line, gold miners and market cycles, why BOQ dropped off the buy list, and then I get Tony to tell the story about how he bought his Cape Schanck property 22 years ago using his winnings from winning trivia competitions on TV and radio. Finally, I passed the microphone around after our QAV Club dinner in Melbourne and asked the folks there to talk about what they have learned from the podcast.