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ANO - Advance ZincTek

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grabbing them and hangin on are the easy'ish part, it is the jumping off part that i find way more difficult to do.

(attach that comment to whichever post above u like)
 
HelloU said:
grabbing them and hangin on are the easy'ish part, it is the jumping off part that i find way more difficult to do.

(attach that comment to whichever post above u like)
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Not so sure holding on is the easy part, but I agree that jumping off is difficult. Because of the past and potential future growth rates, and potential changes to gross margins, a small change in either of these shifts expectation of future cash flows significantly. Makes valuation really damn hard and imprecise.

Further, I've only held the majority of this position for about 9 months, and given my current structure I can benefit from CGT discounts if I hold another 2-3. That's not to say I'm going to sell at the current price, but shifting the capital elsewhere becomes cheaper in roughly 2-3 months time.
 
hey, 2nd bit first ...... we each have different masters and i often find the devil is in the detail (but often we do not know the details of others). and on that it will be some time before i again have the luxury of worrying about cgt implications on a parcel trade (not from trading i am pleased to say)

on the 1st, by holding on i meant it is easy when going up. it is when a stock stops going up that i find it tricky - does not matter if i have held for 3 days or 3 years - i put a lot of effort into tracking inflection points on my charts to retain profits - and it really hurts my head.

cheers
 

Ah ok. I guess we come to sell decisions very differently.


As for today's announcement - they expect to continue the current growth rate (well and truly over 100% YoY) for the first half of 2020. And that doesn't even include any European sales.
Keen to see the annual report - the operating leverage should become apparent.
 


...and my entire portfolio saw close to a 10% increase in value.
 
comment: (not looking at this yet but there will be a time when i will - at some point history tells me that i will need to make the choice between putting profits in my pocket or watching those profits go into the pot with the frog. that is the point i find tricky)

cheers
(somewhere above i think i posted my "specials" list)
 
The first time I've ever seen a company apologize for doing too well! lol.



 
ANO seems to have entered a trading range of late. My expectation is that it will break out of the range, particularly in the month of July.
 
SP likes positive announcements note the move days before May 24 (arrow No 2)

 
ANO getting sniffy with the ASX, thinking they've not been taken seriously, so they might take their bat and ball, to play elsewhere.... from a few days ago (now back traing)
 
On November 22nd, 2021, Advance NanoTek Limited changed its name to Advance ZincTek Limited.
 
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