Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

Hey there fellow investors

Had a big win at the local casino some months ago and figured it would be a good idea to gamble it on the stock market. With your much needed help of course! :)

I have already read a mountain of stuff here and I was very impressed with this friendly and knowledgeable crowd!
I have already invested 75% of my money in the so called blue chips but with my gambling nature I have decided to put the other 25% towards the more riskier companies in a defiant display of my new found greed. haha

Thanks,
lockscombi
 
Good Afternoon Forum Folk!

My name is Charlie and l am not new to the game but have been investing on and off over the last decade and find it all immensely challenging. I have been happily married for three years and have a two year old daughter and cute little Chinese Crested puppy that constantly pees in the halway:mad:, and yours truly is on mop detail!

Have started reading a few books and have another 50 to get through (hate being a slow reader...) which l hope will steer me into the direction of which way l should trade, ie, day trade/swing-position trading or just being a passive investor watching from the sidelines(not my ideal if preserving capital is crucial). So l have a few questions to ask of the experienced hands (and eyes) that have trawled through the annuls of this great forum and greatly appreciate any input or advice offered both publicly and privately, many thanks.

Broker: have been with Commsec for years but their $30 fee is expensive, will open a CDIA to get it down to $20. Have recently toyed with CMC markets and have found it to be slow and lagging, not ideal for getting out of positions quickly but the fees are only $15. I have recently downloaded Amibroker, has anyone tried this? How does Amibroker tie in with Comsec or other trading platforms this is still a blur....
Trading Style: how do l work out what is a good fit for me? It's not like going down to the local PJ's to try on a Purple Label suit, what have people found in their travels? I have heard of Van Tharp and Dr Steenbarger but haven't read their works as yet but am keen to hear what anyone else may offer.

Thank you all for reading my post and l hope you have great luck with your trading and are able to find positive experiences. I have heaps more questions to ask of you all and will be in touch soon.

Charlie
 
Hi

Have been trading shares on and off for several years but now interested in getting more involved and trading on a more permanent basis. New to Forums but hope I can get relevant information from other users.

Been only trading long in the past, but want to be able to go short as well, so am looking at CFD's as the way to do this. Looked at Warrants, but was not impressed and options are a bit out of my league at the moment.

Am currently trying IG for CFD's and will move my share trading to them if they seem reasonable to deal with.

Have been reading extensively and hope that my trading will improve with more experience.

Found some interesting threads in the Forums so look forward to gathering more information.

Bye for now.
 
Hi

Hi all,

Name's Rex, first time I've signed up a stock market forum. Not sure what to expect but would be good to meet like-minded investors who can learn from each other and prove my ignorance :) It is strangely lonely sometimes being an individual investor. Recently I got access to substantial amount of cash and looking to be fully invested in hopefully within the next four weeks.

So I dipped my toes in the water few days ago with the first stock Flight Centre before ex-dividend. I do not view FLT as anything spectacular, however having an Enterprise Value less than Market Cap (about 14% discount) and EV/EBITDA multiple of 7.5 and EV/FCF of 13.5 makes it stands apart amongst the other respected blue chip stocks, cash per share alone is about 35%. Looking back through last 10 years though it appears EV/MC has been in a range of 78% to 94% so nothing surprising. Return on capital has been surprisingly high in the last ten years, except in 2009 when it turned negative. Still, they do have a competitive advantage and with a fat wallet moving into the internet space, additional acquisitions maybe on the horizon. With a 5% dividend yield is sure better than getting 1% from what St George is paying me. I don't think I got a bargain price, as I would've made the same conclusion back in 25 August when they released the Annual Reports and trading at $31, but I have a time frame of 3 years and I see FLT has limited downside risk. Any thoughts? Would appreciate any comments.

Today I been looking at Monadelphous, a mining engineering company that's been hammered in recent years due to decreasing mining capex, I did some number crunching and this company looks promising. The contrarian part of me is ticking. The only risk is I might be catching a falling knife. I'll do some more research tomorrow, and if there's a margin of safety I'll buy it. A third candidate is ERM Power, their share price has been hammered as they're reaching market potential, I don't usually look at companies with high debt, but I might check this one out on the weekend as their EV/FCF is trading at 3x

Happy hunting

Rex
 
Hi Guys

My name is Anthony and i am from Melbourne new to this Forum and new to all things Stocks, i am looking to primary invest for the short terms. I am looking to get as much information and connect with people who know much about investing in stocks and the like. I am interested in knowing what to look for when selecting a stock and how to recognise and invest in Penny stocks in Australia.

Look forward to connecting further and learn more.
 
Hi i am new to this forum
i hope i am doing this right.

I have just gained some interest in trading online and would like some help with tips and suggestions from all the guys with experience in this field.

I have a relatively average fund to use for trading and would want a safe and consistent return on it.

Any suggestions??
 
Hi im a stay at home mum to 2 little ones, with a little spare cash and thought i would give share trading a go. Im into both astrology and money so thought i would combine the two.

I took my first step last week and purchased some shares. Very excited to seee how they progress, probably will hold them until the middle of October.
 
Welcome everyone! :)

Thank you for joining the ASF community. I hope you all find your time here to be both educational and entertaining.

If you have any questions about how things work, please feel free to ask. And don't be afraid to start posting and participating in the various discussions. ASF is all about discussion, debate and the sharing of ideas and opinions. As tech/a suggested, use the site search function often. There are thousands of threads here at ASF, and there are a great many hidden gems out there if you search hard enough.

I took my first step last week and purchased some shares. Very excited to seee how they progress, probably will hold them until the middle of October.

Welcome Illuminate!

What shares did you purchase and what made you decide on that particular company? I hope you chose well and see some solid gains in the coming weeks.
 
Hello People

Looking at securing my future who know what will happen to this gen y by retirement age. Really not looking forward to working till 70 before I can draw down my super which is what brought me to this page.

Been reading into VAS which is what drew me to this forum so I can understand what other options I have inregards to investing.

Regards

Hoai
 
Hello All,

I Have been studying day/swing trading quite heavily only for the past 4 months and looking to connect with other Aussies who either currently trade or are getting into trading. I come from a Poker background so the fundamentals that I have acquired transition well to trading, I just need to learn the mechanics of the stock market before I jump in. I plan on trading international markets using Interactive Brokers TWS although I anticipate this will be in the next 6 months, I am in no rush and only want to trade once I am fully confident. I plan to be a long term forum lurker/poster and right now looking for anybody (Experienced or novice) who is willing to connect where we can chat live on Skype (text or voice either one) as I have found networking with peers and having instant communication is a great way to boost the learning process.

Look forward to hearing from any of you soon and good luck to everyone on your journey, Thanks a lot!

-King
 
Hello all,

Name is David. I've been investing in shares for a few years now, but I've never done any active trading.
Now in my 30's I've decided that I would like to break from 9-5 jobs. So here I am trying to get my hands on day trading.
Hopefully I'll be able to make a decent living out of this.

Not here for the quick money and other get rich quick schemes.
I think this forum would be the right place to start gaining more knowledge and experience.
:xyxthumbs
 
Hi all,

I am a university student studying finance and accounting and I have profound interest in value investing, specifically the deep value and contrarian approaches. I do not have any of my money in the stock market although I do play a stock simulator so I can test out certain investment strategies. Hoping to meet some like minded people also interested in value investing.

Cameron
 
Hi I'm Nadia,

I'm a chem eng and proj manager. I'm greedy af. However, I also like to have as much information at my hands before I make big decisions, hence why I joined this forum. I'm looking to cash in on Australia's ageing population and exploit rich baby boomers as they retire via pharmaceuticals & aged care.
 
Hi everyone to all of the members . I am here for the information about the fresh market in the Melbourne . So it is great opportunity for the all peoples of near by Melbourne . We will discuss and giving more info about MarketPlace store Melbourne .
 
Hello from Sweden
I just find your forum on google and i think i could be interesting to learn little about the Aussie stockmarket before i spend some money on it........you have to excuse me if my gramma is not 100% beacuse i am swedish citizen and i have english as second language
 
Hi everyone to all of the members . I am here for the information about the fresh market in the Melbourne . So it is great opportunity for the all peoples of near by Melbourne . We will discuss and giving more info about MarketPlace store Melbourne .
Welcome to Australia. Yes the Melbourne area is a great place for multiculturalism. At the moment house prices are growing strong so people are feeling rich with all the equity in their homes on tap at low interest rates, If you have no money then the Australian government should be able to help you get started.
 
Hello friends from Australia
My name is Klaus Romme and I come from Berlin Germany.
I found this site from Google and it went well, had imagined watching and learning a little about the Australian stock market
 
Welcome to Australia. Yes the Melbourne area is a great place for multiculturalism. At the moment house prices are growing strong so people are feeling rich with all the equity in their homes on tap at low interest rates, If you have no money then the Australian government should be able to help you get started.



Thanks for including me and welcome reply here . You are talking about here about the Australian govt who are help for all people in the Australia .it is the great opportunity for the Australian People . :):):)Are you from near by Melbourne ?
 
Hello friends from Australia
My name is Klaus Romme and I come from Berlin Germany.
I found this site from Google and it went well, had imagined watching and learning a little about the Australian stock market

Yes ,you have more and more opportunity for the stock market .Our MarketPlace online & offline store website giving you that opportunity .There are fresh fruits and vegetables ,and more recipe products . Everything will be available in fresh and clean form . So please visit to our website and review the grocery fresh store - http://marketplace.melbourne/
 
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