October Stock Tipping Competition Entry Thread!

[TLS]

I'll go with 4CE thanks Joe. It's a spec stock in the Lithium sphere. However, it's currently in a trading halt pending a market update.

If this is classed as being "suspended" and prevents me from picking it then I'll go with PUR instead. It's a spec stock in the Zinc / Copper sphere with a market update not far away. Managing Director has also been buying additional shares ahead of the update which is hopefully a good sign.

 

[Joules MM1]

something something trenzyafrend

LCT

 

[explod]

MOY thanks Joe

Dropped considerably in the last montg with the weakness in the gold price. I feel gold is now on good support and the company news for MOY continues to improve.

 

[abn2609]

THD
Some interest after the recent announcement.

Thanks Joe

 

[Betavegeta]

Hi Joe,

Sorry I just realised Magnis Resources Limited (MNS) is currently suspended so I'll just go with MYX.AX (Mayne Pharma Group) again if that's ok.

Thanks

 

[Wysiwyg]

Have an aversion for new high entries but for the comp. AJM please.

 

[noirua]

WEC - White Energy - thanks Joe

This company remains in a pickle. The directors were once in the Aussie mining rich list. Some embroiled in the courts in Australia and WEC refused the right to buy a coal tenement in Queensland, resulting from that.
The shares stand at 3.7c against an all-time high in 2011 of $4.20.
On top of all that the company has also been in the courts of Australia since 2011 versus Indonesian company Bayan. Successfully freezing Bayan's over 50% holding in Kangaroo Resources. Now in Arbitration in Singapore having successfully won their case at Tranche2. Unfortunately, Bayan have appealed tranche2 and the Appeal hearing is in February/March 2018. Not over then as Tranche3 follows.
On top of all that their Mountainside coal company in The Appalachian Coalfields, USA ran out of coal having met with unexpected rock. Since then 160 holes have been drilled in other tenements. Holding 51% this company is up for sale.
Not the end yet. Their 50% coal assets in South Africa were all ready to go but they can't get any coal fines deliveries to the plant. That despite there being 1.5 billion tonnes of it estimated in South Africa.
They also own the Phillipson Tenement in far north South Australia, larger than England, with about 4 billion tonnes of coal. Unfortunately, so far, no one wants it.
Surely that's the end of it. No, they are running out of cash with just $3.2 million left at 30th June 2017.
Any good news? Somehow they have no debts after all this. Also, they have not raised any cash since 2011. There should be cash fairly soon for the eventual Mountainside sale and the court case in Singapore.
Market cap at 3.7c is just $12 million against $4.20 in 2011 and market cap of $1.36 billion.

 

[trillionaire#1]

If in not too late Joe i will go with PM1 for this month.
Potential lithium targets and Manganese program approved.

 

[drequejo]

ALU (Altium Limited)
Reasons:
- It is leading its sector XJI
- It broken 52 weeks max 3 weeks ago
- It has potential to grow until $13 (trading in a box for one year)
- It has buy interest in the last 4 weeks

 

[systematic]

MGX Mount Gibson Iron, please Joe. Got it in the annual comp and would like to see it have a good month.

 

[tech/a]

BUL

 

[Triple B]

Hi Joe,

Sorry I just realised Magnis Resources Limited (MNS) is currently suspended so I'll just go with MYX.AX (Mayne Pharma Group) again if that's ok.

Thanks

Currently paper trading MYX. I like it.

So will go with AAC.. Australian Agricultural Company
Looks like some SM accumulating after CEO/ Director resigned. !! 11 August
Have been several low vol tests below support in the last week or so.
Below 200 day MA.
In long term up trend, just
SM should have most of floating supply above Mid march after long deep downtrend from mid June
Good bullish candle on good volume on Friday before long weekend.
Negative are : weak against sector which is about neutral with ASX 200
I don't do FA. how does it look?
Guess I should at least learn basics of FA

 

[Triple B]

BUL

Cheeky Bugger!

 

[OmegaTrader]

Sorry for last post hope it is still ok

GBM again...

thanks joe

 

[tech/a]

Cheeky Bugger!

I know but I'm actually trading it!

 

[myrtie100]

OMH please Joe.

 

[Purple XS2]

AHZ - Admedus, please Joe: No particular reason, except that I'm holding just a small parcel at present, recently down-sized. As good an indicator as any that it'll jump up, without me on board
But seriously, has merit as a long-term speccie, although it's been a long term a-coming.
Regards,
P

 

[debtfree]

I'll have SEA thanks Joe.

 

[Gringotts Bank]

FGR thankyou.