Boring stock award!

[stockGURU]

Some stocks move so little watching grass grow is more exciting than keeping track of them on a daily basis. The stocks that I'm talking about are so utterly predictable that you can come back in three months time and know that the price won't have moved much.

For this award I am nominating BMX (Bemax Resources). If you have been holding this for the past 12 months you may as well have been in a coma.

Share your favourite boring stock and don't forget to post a chart so we can marvel at their amazing ability to do nothing!

 

[JTLP]

LOL

If I saw a trend like that I would hit up the Netbank saver and reap some cooooooooool 7.00% interest...ooooh yeah

 

[Kauri]

LOL

If I saw a trend like that I would hit up the Netbank saver and reap some cooooooooool 7.00% interest...ooooh yeah

If one of my blueys could put on 50% in 6 weeks I'd be in there with my ears pinned back..
Cheers
............Kauri

 

[jman2007]

Interesting notion, although if some of my stocks had managed to hold their ground like this over the recent months, I'd be a very happy chappy indeed.

 

[reece55]

This one hands down is an easy pick.......

Amcor is the lamest stock I have ever seen. Amidst a huge equity boom, they have been stuck in a range of 7.8 - 6.8 for 4 years...... aggghhhhh....... it's like watching paint dry...

Cheers

 

[Duckman#72]

The stocks that I'm talking about are so utterly predictable that you can come back in three months time and know that the price won't have moved much.

For this award I am nominating BMX (Bemax Resources). If you have been holding this for the past 12 months you may as well have been in a coma.

Share your favourite boring stock and don't forget to post a chart so we can marvel at their amazing ability to do nothing!

Excellent post Guru. Like you I have been riding the Bemax "rollercoaster across the Nullabor" for some time now. Are they actually digging Mineral Sands or is it really Peat Moss?

The true genius of BMX is its ability to hold fast at 23.5c (give or take half a cent) whether the day is green 200 points, red 300 points or break even. It is amazing!!!!!

The problem with your post is that I think you have hit the "most perfect boring stock" straight up. I don't think others can compete!!! Pound for pound I don't think it can be beaten - sure some small shares are illiquid but lets not forget BMX is a resource stock that was ASX300 listed a couple years ago. It's ability not to do ANYTHING is in my opinion legendary.

Duckman

 

[robert toms]

Have not got a chart but AMCOR takes a bit of tossing.Price over ten years ago was aroung nine dollars,now around seven, hardly moves from year to year.

 

[Spineli]

LOL @ this thread after the ride BMX had today

I bet none of you saw it coming! haha

So who is deservant of the next boring stock award?

 

[Spineli]

Trembling_Hand, maybe you could give us some guidance here

Since you are a '5 mins momentum trader', perhaps you could tell us what bores you? haha

 

[TheGreenOct]

LOL

Anyway whats wrong with these boring stocks? At least you'll know where its support and resistance levels are and hence when to buy and sell. Obviously easier said than done and of course the entry and exit points won't be exact rather close enough to that area but still you know. And you'll rack up the brokerage costs.

 

[Flip]

are there any stocks that have managed to be boring in this market?

 

[Garpal Gumnut]

The XAO has been very boring today.

gg

 

[Dona Ferentes]

The XAO has been very boring today.

gg

EMB, last trade $10.00 in Oct, with a 2 buck spread between offers, M/C $20 mill.

 

[farmerge]

Boring Stock Award
I nominate Hills Industries HIL. When I bought into them years ago it was a go-getting company paying reasonable dividends. A change in the leadership and direction and over time and it has become a dud, a penny dreadful. The only winners I should imagine are the directors getting their renumination for a "job well done". Bah I say.

 

[divs4ever]

Boring Stock Award
I nominate Hills Industries HIL. When I bought into them years ago it was a go-getting company paying reasonable dividends. A change in the leadership and direction and over time and it has become a dud, a penny dreadful. The only winners I should imagine are the directors getting their renumination for a "job well done". Bah I say.

i hold HIL , and would argue 'disappointing ' rather than boring , but agree on the rest of the post

 

[farmerge]

i hold HIL , and would argue 'disappointing ' rather than boring , but agree on the rest of the post

Mr Divs "disappointing" well and truely. Interestingly a bit of interest is being shown in this perennial lemon.
For the life of me I can't see why.
Quite a few are in the market wanting in.
Mine can be purchased off market for the princely sum of $4.25 a share ??

 

[divs4ever]

from $1.95 down to 67 cents for me , from memory i gave up when Ted Pretty left

 

[farmerge]

from $1.95 down to 67 cents for me , from memory i gave up when Ted Pretty left

After Ted left the bottom absolutely fell out of this stock.
No light shining in the tunnel, only darkness for me.
Not even worth donating them to a worthwhile charity, would be a total embarrassment in doing so.

 

[sptrawler]

Boring Stock Award
I nominate Hills Industries HIL. When I bought into them years ago it was a go-getting company paying reasonable dividends. A change in the leadership and direction and over time and it has become a dud, a penny dreadful. The only winners I should imagine are the directors getting their renumination for a "job well done". Bah I say.

i hold HIL , and would argue 'disappointing ' rather than boring , but agree on the rest of the post

Sounds like you are both being put out of your misery.

Hills placed in administration​

A $5.48m court loss has forced once-great Australian manufacturer Hills, which made the iconic Hills Hoist, into administration.

 

[Captain_Chaza]

Some stocks move so little watching grass grow is more exciting than keeping track of them on a daily basis. The stocks that I'm talking about are so utterly predictable that you can come back in three months time and know that the price won't have moved much.

For this award I am nominating BMX (Bemax Resources). If you have been holding this for the past 12 months you may as well have been in a coma.

Share your favourite boring stock and don't forget to post a chart so we can marvel at their amazing ability to do nothing!

WHY?