Dump it Here

[DrBourse]

I

The response from (AI) is RAW and unchecked
Based on the criteria provided, here are 10 companies from the ASX 200 index with a share price between $0.05 and $15.00 that are well-positioned for potential growth and stability in the near term:

1. AMP Limited (AMP)
   • Sector: Financials
   • Reason: Established financial services company with a strong market presence and solid fundamentals.
2. Beach Energy Limited (BPT)
   • Sector: Energy
   • Reason: Significant player in the oil and gas industry with growth potential and positive market trends.
3. Adairs Limited (ADH)
   • Sector: Consumer Goods
   • Reason: Leading retailer in home furnishings with consistent performance and strong financials.
4. Alumina Limited (AWC)
   • Sector: Materials
   • Reason: Key player in the alumina and aluminium industry with strong fundamentals and growth potential.
5. Arafura Resources Limited (ARU)
   • Sector: Materials
   • Reason: Engaged in rare earths exploration and development, with potential for growth and positive market trends.
6. Australian Agricultural Company Limited (AAC)
   • Sector: Consumer Staples
   • Reason: Major player in the beef industry with a strong market position and solid fundamentals.
7. Bank of Queensland Limited (BOQ)
   • Sector: Financials
   • Reason: Well-established regional bank with solid financial performance and growth potential.
8. G.U.D. Holdings Ltd (GUD)
   • Sector: Consumer Discretionary
   • Reason: Diversified industrial company with a strong market presence and positive market trends.
9. Austal Limited (ASB)
   • Sector: Industrials
   • Reason: Leading shipbuilder with a strong order book and growth prospects.
10. Accent Group Limited (AX1)
    • Sector: Consumer Discretionary
    • Reason: Leading retailer and distributor of footwear with a strong market presence and consistent performance.

These companies have been selected based on their share price range, sector diversification, recent performance, fundamental strength, and growth potential. It’s important to conduct your own research and consider your investment goals and risk tolerance before making any investment decisions. If you have any specific criteria or sectors you’re interested in, let me know, and I can provide more tailored recommendations!

Skate.

@Skate .......
I feel that you may like to ask AI that Question again, but perhaps word it differently.....

The question.....
(AI), can you provide a list of the top 10 companies to buy with a share price between $0.05 and $15.00 that are constituents of the ASX 200 index? The selection of the 10 companies should be based on the following criteria, aiming to identify companies well-positioned for potential growth and stability in the near term.....

Should perhaps be as follows...

(AI), can you provide a list of the top 10 companies to buy with a share price between $0.05 and $15.00 that are CURRENTLY constituents of the ASX 200 index? The selection of the 10 companies should be based on the following criteria, aiming to identify companies well-positioned for potential growth and stability in the near term.....

Just a suggestion to see if AI is actually 'on the ball"....

Cheers M8...

 

[divs4ever]

Just a suggestion to see if AI is actually 'on the ball"....

yes give the AI a chance to correct itself ( and refresh data if needed)

it might be an issue of 'keywords ' just like most programming

 

[Skate]

I

@Skate .......
I feel that you may like to ask AI that Question again, but perhaps word it differently.....
(AI), can you provide a list of the top 10 companies to buy with a share price between $0.05 and $15.00 that are CURRENTLY constituents of the ASX 200 index? The selection of the 10 companies should be based on the following criteria, aiming to identify companies well-positioned for potential growth and stability in the near term......

@DrBourse, thank you for your suggestion,

Clarifications:
The first question and response allowed the (AI) model to select companies based on a set of simple criteria.

(AI), can you provide a list of the top 10 companies to buy with a share price between $0.05 and $15.00 that are CURRENTLY constituents of the ASX 200 index? The selection of the 10 companies should be based on the following criteria, aiming to identify companies well-positioned for potential growth and stability in the near term.....

#1. Share Price Range
Companies with a share price between $0.05 and $15.00.
#2. ASX 200 Constituents
Companies must belong to the ASX 200 Index.
#3. Sector Diversification
Ensure a mix of companies from different sectors to spread risk and capture opportunities across various industries.
#4. Recent Performance and Market Trends
Companies that have shown strong recent performance or have positive market trends.
#5. Fundamental Strength
Companies with solid fundamentals, such as strong financials, market position, and growth potential.
#6. Growth Potential
Companies with potential for growth based on industry trends, market conditions, and company-specific factors.

The response from (AI) is RAW and unchecked
Based on your criteria, here are 10 companies from the ASX 200 index with a share price between $0.05 and $15.00 that are well-positioned for potential growth and stability:

Magellan Financial Group Ltd (MFG) - Financial Services
AMP Limited (AMP) - Financial Services
A2 Milk Company Ltd (A2M) - Consumer Staples
Chalice Mining Ltd (CHN) - Materials
Mesoblast Limited (MSB) - Health Care
Pilbara Minerals Ltd (PLS) - Materials
Lynas Rare Earths Ltd (LYC) - Materials
Beach Energy Ltd (BPT) - Energy
Nanosonics Ltd (NAN) - Health Care
PointsBet Holdings Ltd (PBH) - Consumer Discretionary

These companies have been selected based on their share price, sector diversification, recent performance, fundamental strength, and growth potential. Always consider doing your own research or consulting with a financial advisor before making investment decisions.

Skate.

 

[divs4ever]

aha , so 'keywords' can be extremely important

that will be a priceless lesson for novices experimenting in AI ( look for obvious errors and refine the search questions )

cheers

 

[DrBourse]

@DrBourse, thank you for your suggestion,

Clarifications:
The first question and response allowed the (AI) model to select companies based on a set of simple criteria.

(AI), can you provide a list of the top 10 companies to buy with a share price between $0.05 and $15.00 that are CURRENTLY constituents of the ASX 200 index? The selection of the 10 companies should be based on the following criteria, aiming to identify companies well-positioned for potential growth and stability in the near term.....

#1. Share Price Range
Companies with a share price between $0.05 and $15.00.
#2. ASX 200 Constituents
Companies must belong to the ASX 200 Index.
#3. Sector Diversification
Ensure a mix of companies from different sectors to spread risk and capture opportunities across various industries.
#4. Recent Performance and Market Trends
Companies that have shown strong recent performance or have positive market trends.
#5. Fundamental Strength
Companies with solid fundamentals, such as strong financials, market position, and growth potential.
#6. Growth Potential
Companies with potential for growth based on industry trends, market conditions, and company-specific factors.

The response from (AI) is RAW and unchecked
Based on your criteria, here are 10 companies from the ASX 200 index with a share price between $0.05 and $15.00 that are well-positioned for potential growth and stability:

Magellan Financial Group Ltd (MFG) - Financial Services
AMP Limited (AMP) - Financial Services
A2 Milk Company Ltd (A2M) - Consumer Staples
Chalice Mining Ltd (CHN) - Materials
Mesoblast Limited (MSB) - Health Care
Pilbara Minerals Ltd (PLS) - Materials
Lynas Rare Earths Ltd (LYC) - Materials
Beach Energy Ltd (BPT) - Energy
Nanosonics Ltd (NAN) - Health Care
PointsBet Holdings Ltd (PBH) - Consumer Discretionary

These companies have been selected based on their share price, sector diversification, recent performance, fundamental strength, and growth potential. Always consider doing your own research or consulting with a financial advisor before making investment decisions.

Skate.

@Skate ….

I would disagree with AI on some of its’ selections, as at today Sunday 1/9/24…

A2M – Balance Sheet/Financials produce only AVERAGE Margins Of Safety & AVERAGE Ratios…
The A2M SP is $5.59, the Intrinsic Value is $4.47 up to $5.15… So, ATM A2M is Expensive….


PLS – Balance Sheet/Financials produces BAD Margins Of Safety but GOOD Ratios…
The PLS SP is $2.97, the Intrinsic Value is $2.39 up to $2.74… So, ATM PLS is Expensive….


LYC – Balance Sheet/Financials produces AVERAGE Margins Of Safety but GOOD Ratios…
The LYS SP is $7.06, the Intrinsic Value is $6.65 up to $7.65… So, ATM LYC is Expensive….


BPT – Balance Sheet/Financials produces VERY GOOD Margins Of Safety & VERY GOOD Ratios…
The BPT SP is $1.25, the Intrinsic Value is $1.85 up to $2.13… So, ATM BPT looking OK….


Thus far I don’t think much of the AI selections….
But I only follow 4 of its’ 10 stocks….

I for one do not like the use of AI within the ASX world, way too many Parameters for even AI to handle, as I mentioned to you some time ago…..

Ahh Well Food for Discussion….

Cheers M8

 

[Skate]

I for one do not like the use of AI within the ASX world, way too many Parameters for even AI to handle, as I mentioned to you some time ago…..

Yes, @Richard Dale articulated that very clearly in his detailed response. As you mentioned, it certainly provided “Food for Discussion”.

Skate.

 

[divs4ever]

@Skate ….

I would disagree with AI on some of its’ selections, as at today Sunday 1/9/24…

A2M – Balance Sheet/Financials produce only AVERAGE Margins Of Safety & AVERAGE Ratios…
The A2M SP is $5.59, the Intrinsic Value is $4.47 up to $5.15… So, ATM A2M is Expensive….


PLS – Balance Sheet/Financials produces BAD Margins Of Safety but GOOD Ratios…
The PLS SP is $2.97, the Intrinsic Value is $2.39 up to $2.74… So, ATM PLS is Expensive….


LYC – Balance Sheet/Financials produces AVERAGE Margins Of Safety but GOOD Ratios…
The LYS SP is $7.06, the Intrinsic Value is $6.65 up to $7.65… So, ATM LYC is Expensive….


BPT – Balance Sheet/Financials produces VERY GOOD Margins Of Safety & VERY GOOD Ratios…
The BPT SP is $1.25, the Intrinsic Value is $1.85 up to $2.13… So, ATM BPT looking OK….


Thus far I don’t think much of the AI selections….
But I only follow 4 of its’ 10 stocks….

I for one do not like the use of AI within the ASX world, way too many Parameters for even AI to handle, as I mentioned to you some time ago…..

Ahh Well Food for Discussion….

Cheers M8

well the latest batch had no obvious errors ( that i saw )

but even using AI i would consider it as guidance ( rather than gospel )

back when i used the Commsec scanning tool , i would run three or four parameters on each scan ( and different parameters for each scan ) and up to 4 scans

until i had 10 or less stocks and the START researching each stock ( somethings aren't easy to scan for , like director quality , debt maturity , etc etc

stocks ( including ETFs and LICs ) are one place where the extra effort often pays off ( losses avoided , or gains made larger )

 

[Chipp]

Thanks for being the voice of reason (great example of the critical thinking this thread has lost).

In my honest opinion, I think Skate is stuck in the beginners cycle (jumping from one strategy/style/system to another - no long term follow through - no statistically significant backtests).

You cannot lose what you never had

Skate = Fugazzi , Tries to come across as an authority on trading but is everything but . A road to nowhere using generic junk he google searches just like AI does , Todays accessible version of AI does zero intelligent analysis , its just plaguarizes others work , a whole new can of worms right there as Mr Fugazzi is finding out . Carry on

" Word Salad " with zero nutrition

This is gold , what AI thinks of this thread





“Five percent of the people think; ten percent of the people think they think; and the other eighty-five percent would rather die than think.”

 

[divs4ever]

well it depends on how your AI engine is set up

for instance it might only search for keywords in the analysis of ASX stocks published by two or three investment houses

say Bell Potter,MacQuarie and Commsec , throw in some census estimates ( the averaged opinions of other analysts , and maybe a forward P/E calculation )
AI currently is only trying to simulate ( average ) human intelligence , not exceed it

now if a serious trader/investor crafted his/her own AI engine ( to help create profit and find opportunities ) that might have a much different outcome , but i suspect the entire ASX share listing might need a very powerful computer/server array , because it would have to cope with many facets TA , fundamentals , a deep delve into financials and published results/accounts

so maybe a pro-trader would focus on mid=caps , junior miners and biotech startups ( smaller but volatile sectors )

 

[Richard Dale]

now if a serious trader/investor crafted his/her own AI engine ( to help create profit and find opportunities ) that might have a much different outcome , but i suspect the entire ASX share listing might need a very powerful computer/server array , because it would have to cope with many facets TA , fundamentals , a deep delve into financials and published results/accounts

It's quite doable for not too much money.

Either pay $ per computing hour or build your own. I built my own multi-server GPU cluster (28 GPUs) for ML/LLM tasks. It uses up a few (!) watts (about 6000) when cranking!

 

[Chipp]

It's quite doable for not too much money.

Either pay $ per computing hour or build your own. I built my own multi-server GPU cluster (28 GPUs) for ML/LLM tasks. It uses up a few (!) watts (about 6000) when cranking!

Need a 30amp line to run that , my god . 28 GPU's doesnt sound particularly cheap . I will just have to make do with good old fashioned OI for now ( organic intelligence ) . Ive played with the online " AI " stuff but its just seems like a toy to me TBH . I have asked for some quant style output but it's not producing much that you would not call trivial data . I think a lot of the Quality IP is not mainstream online yet . I have been very secretive with my work i got to say but i am starting to see bits of it going out there which actually concerns me a bit . The uniqeness of original ideas become severely diluted edge once its mainstream . I know of some green coders asking AI for code and whilst its generally not plug and play good syntax the correct backbone for code can be there .. Exciting times ahead no doubt

 

[qldfrog]

Need a 30amp line to run that , my god . 28 GPU's doesnt sound particularly cheap . I will just have to make do with good old fashioned OI for now ( organic intelligence ) . Ive played with the online " AI " stuff but its just seems like a toy to me TBH . I have asked for some quant style output but it's not producing much that you would not call trivial data . I think a lot of the Quality IP is not mainstream online yet . I have been very secretive with my work i got to say but i am starting to see bits of it going out there which actually concerns me a bit . The uniqeness of original ideas become severely diluted edge once its mainstream . I know of some green coders asking AI for code and whilst its generally not plug and play good syntax the correct backbone for code can be there .. Exciting times ahead no doubt

Even when you know coding, i did a quick trial and asked AI to code a basic strategy and in seconds it gave me a core code..which needed more work but was still a huge advance vs. Starting from a blank page or a template basis.
As @ducati916 has discussed, how do you get an edge,?
Personally, not bad at maths, but not genius level..i met genius so know where i and others stand
but i always viewed stats as a boring and not a nice elegant part of maths, hardly worthy of the label
So i am not good or have much interest in statistics or probability..which is a shame now that i retired as multi dimension vectors and worlds have VERY limited use in getting an edge on the market
So what is left to me is ability to stick to strategy,aka discipline , ability to code properly with out of the box thinking, and some assets to play with
Bad at reading people, bad at following the crowds as contrarian and pessimistic in nature, not much available time for day trading
AI might be a lifesaver in disguise for people like me as it will prevent the masses and the pros to :
-Think independently,
-Program code properly and so inclined to trust potentially flawed AI generated code,
-Create an even bigger pool of trending participants leaving space for smarter? more contrarian and more original thinkings

 

[Skate]

While some comments are quite critical, the thread’s popularity speaks for itself. With over a million views, it’s evident that many are drawn to check out the content being posted. As for what (AI) thinks of this thread, I posed the same question to Copilot (AI).

Analyse this thread: https://www.aussiestockforums.com/threads/dump-it-here.34425/

(AI) Reply
The “Dump it Here” thread on Aussie Stock Forums, started by a user named Skate, serves as a space for members to share various thoughts, strategies, and insights related to trading. Here are some key points from the thread:

Purpose and Content:
The thread is designed as a place for users to “dump” their thoughts, strategies, and experiences. It includes a mix of trading advice, personal reflections, and discussions on cognitive biases and decision-making.

Skate often shares insights on psychological aspects of trading, such as confirmation bias and other cognitive biases that can affect decision-making.

Community Interaction:
The thread encourages community interaction, with members sharing their own experiences and providing feedback on each other’s posts.

There are discussions on specific trading strategies and systems, with some members offering constructive criticism and suggestions for improvement.

Criticism and Feedback:
Some users have criticized Skate’s approach, suggesting that his strategies lack depth and originality2. They argue that the advice given is too generic and not backed by statistically significant backtests.

Despite the criticism, the thread remains active, with ongoing discussions and contributions from various members.

Overall, the “Dump it Here” thread appears to be a dynamic and interactive space where traders of different experience levels can share and discuss their ideas. If you have specific aspects of the thread you’d like to delve into or need advice on improving your contributions, feel free to ask!

Screen Capture



Skate.

 

[Skate]

While some members are critical, Copilot (AI) offers a different perspective
Members are entitled to their views and have the right to express them and call me out when their opinions differ. Criticism should be replaced with alternative views, providing a healthy counterbalance in all exchanges. Focusing on the point rather than the person is a more educational way to post.



Skate.

 

[Skate]

The whole idea of this thread is to keep members posting and engaged
Different opinions are really important in this thread. Even critical comments add to the discussion by bringing in new perspectives and sparking more conversations. Encouraging everyone to share their thoughts, whether they’re supportive or critical, helps create a balanced community where we can all learn from each other.

Skate.

 

[divs4ever]

Even when you know coding, i did a quick trial and asked AI to code a basic strategy and in seconds it gave me a core code..which needed more work but was still a huge advance vs. Starting from a blank page or a template basis.
As @ducati916 has discussed, how do you get an edge,?
Personally, not bad at maths, but not genius level..i met genius so know where i and others stand
but i always viewed stats as a boring and not a nice elegant part of maths, hardly worthy of the label
So i am not good or have much interest in statistics or probability..which is a shame now that i retired as multi dimension vectors and worlds have VERY limited use in getting an edge on the market
So what is left to me is ability to stick to strategy,aka discipline , ability to code properly with out of the box thinking, and some assets to play with
Bad at reading people, bad at following the crowds as contrarian and pessimistic in nature, not much available time for day trading
AI might be a lifesaver in disguise for people like me as it will prevent the masses and the pros to :
-Think independently,
-Program code properly and so inclined to trust potentially flawed AI generated code,
-Create an even bigger pool of trending participants leaving space for smarter? more contrarian and more original thinkings

the first thing you need ( apart from the hardware ) is accurate up-to-date data

once your data is current ( not lagging as us 'cheap-seat folks have to tolerate ) you can track trends before they have completed their run

also a paid subscription to a SELL-side analyst might be useful ( his job is to spot/exploit flaws , and those getting more fish into the trend helps everyone short-selling ' as you trigger stop-losses and and panic-selling )

( as a buyer allowing you a better entry opportunity )

remember a good AI is learning all the time ( where as some seem to be glorified search engines , not data analysis )

contrarian is easy , at it's simplest being the reverse side of the trend , at the more difficult end finding the next gem among the ignored stocks

now from personal experience snatching the knife ( buying into the downtrend ) you can lob in an order at an acceptable price , if the price sweeps lower you can consider extra buys say 10% or 20% or 25% lower

hopefully you have selected a GOOD company ( say BSL ) not just a company because it is cheap at the time , no matter how big the company the market MIGHT over-react

 

[Skate]

AI is learning all the time ( where as some seem to be glorified search engines , not data analysis )

@divs4ever, you nailed it. "AI is just a glorified search engine".

@DrBourse last post suggested rewording a question put to (AI), to include "Current" which led me to include: “Use the most recent analyst recommendations to rank and list the companies.”

Skate.

 

[divs4ever]

@divs4ever, you nailed it. "AI is just a glorified search engine".

@DrBourse last post suggested rewording a question put to (AI), to include "Current" which led me to include: “Use the most recent analyst recommendations to rank and list the companies.”

Skate.

the problem will be can your AI access the ( pay-walled) latest/best data ?

i quickly realized the Commsec data ( at cheapskate level ) had a significant time-lag , i suspect Yahoo Finance and rivals similarly leave the cheapskates partially informed

however a pro-trader with existing subscriptions might get closer to nirvana ( if the subscriptions are chosen wisely )

even 'live data' can mean different things at different service fee levels

 

[Skate]

It's quite doable for not too much money.

Either pay $ per computing hour or build your own. I built my own multi-server GPU cluster (28 GPUs) for ML/LLM tasks. It uses up a few (!) watts (about 6000) when cranking!

@divs4ever having access to vast amounts of data and the expertise to develop an efficient trading system like @Richard Dale, the potential to generate significant income could be incredibly exciting.

However, having it all may not be as fulfilling as it seems.



Skate.

 

[divs4ever]

@divs4ever having access to vast amounts of data and the expertise to develop an efficient trading system like @Richard Dale, the potential to generate significant income could be incredibly exciting.

However, having it all may not be as fulfilling as it seems.

View attachment 183586

Skate.

well the market is volatile

and that is a two-edged sword