Australian (ASX) Stock Market Forum

Post your dog of the year

Jump to new
A "friend of a friend" suggested this as an up'n'comer in January 2012.
Well, initially, my chart agreed, so I bought a few; even took a bit of profit in February.
... only to give it all back when it failed to get back up to "close those gaps".

Small fries in the overall scheme (speccie rules), but I'm still "barking mad" for letting funnymentals cloud my better judgement.

SEG w 2012.gif
 
Great photo, Out Too Soon.:)
(Not that I'm at all biased about the breed!):D
 
The FTSE was my dog during last May's correction.

There are few joys in life that surpass watching a healthy open profit turn into an unhealthy realised loss.

Luckily I only dropped 28K GBP on that occasion.
 
My dog of 2012 was GNS. Bought 2 parcels before the receivers moved in & the State & Federal governments hung them out to dry.:cry:
 
cynic said:
The FTSE was my dog during last May's correction.

There are few joys in life that surpass watching a healthy open profit turn into an unhealthy realised loss.

Luckily I only dropped 28K GBP on that occasion.
Click to expand...

Holy cow...another DD, how long to recover?
 
I like to look at the 52 week lows and the largest callers in the market for opportunities so this thread interested me. Sorry to say most are dog $#!$. With no redeeming qualities. I would like to add CFU to the list as a bottomless pit of wasted capital.
 
CanOz said:
Holy cow...another DD, how long to recover?
Click to expand...

That one seriously depleted my trading capital so I had to take a much more conservative approach for most of 2012. I've still got approximately 18-19K GBP to go before I can count myself as back to where I was prior to that one.
 
robusta said:
I like to look at the 52 week lows and the largest callers in the market for opportunities so this thread interested me. Sorry to say most are dog $#!$. With no redeeming qualities. I would like to add CFU to the list as a bottomless pit of wasted capital.
Click to expand...
Me too, Got wasted on CFU ages ago.

This year I had two dogs: OOK and BUD. Both came back from dead, so not the entire stake was wasted but what a pity in huge losses in capital !!

I have a Speculative Stock Portfolio that I put my time and effort into actually researching stocks that's producing some green shoots. That should be my pride and joy and I should stick to that, even @Skate has privately messaged me to say that I am doing a good job and should continue with that portfolio as I am easily distracted with chasing the next thing.

So I must stop gambling on dogs FFS from now on !
 
AGL for me...starting getting a hit after wiping asset value due to their wind farm worth zip..where was the green narrative low co2 then?
Followed by the we do not need power from coal pipe dream slam and,where it got the best nasty dog title, a pure marketing **** split of assets, done purposely at the FY end forcing the exit in the new year so forcing the shareholders hands.
AMP style,sure it will bounce as to follow the tide of the moment, this highly technical business has just seen the appointments of marketing and hr female gurus at the board.
They just need a LGBT and disabled CEO and the recipe of success is completed.
Horrendous waste of potential and shareholder money for a business who should be the most stable income stream of all,with market just going up in demand and price, low competition, vertically integrated and costs only sliding down with cheap green power
Good luck....
 
aus_trader said:
I have a Speculative Stock Portfolio that I put my time and effort into actually researching stocks that's producing some green shoots. That should be my pride and joy and I should stick to that, even @Skate has privately messaged me to say that I am doing a good job and should continue with that portfolio
Click to expand...
As always, @Skate has provided you with wise advice.
.
 
qldfrog said:
AGL for me...starting getting a hit after wiping asset value due to their wind farm worth zip..where was the green narrative low co2 then?
Followed by the we do not need power from coal pipe dream slam and,where it got the best nasty dog title, a pure marketing **** split of assets, done purposely at the FY end forcing the exit in the new year so forcing the shareholders hands.
AMP style,sure it will bounce as to follow the tide of the moment, this highly technical business has just seen the appointments of marketing and hr female gurus at the board.
They just need a LGBT and disabled CEO and the recipe of success is completed.
Horrendous waste of potential and shareholder money for a business who should be the most stable income stream of all,with market just going up in demand and price, low competition, vertically integrated and costs only sliding down with cheap green power
Good luck....
Click to expand...
Yes unfortunate for such an iconic long standing brand. It'll affect everybody's portfolios whether they have direct shares or index based share allocations (such as balanced) in their super fund. I share the pain as I hold and have held the TLS / AGL dogs for a long time as they continue to pay dividends.

It could take time but hopefully it'll go through board changes, strategy changes and eventual turnaround. These big blue chips are like the Titanic though, it could take years to turn around. Example is Telstra (TLS) which had mismanagement and product/strategy changes that took it down but hopefully doing a slow turn around with the longer term double bottom:

TLS (Long Term Monthly Chart since inception):
1626485943110.png
 
I was down 39% on 4DX at end FY. Bought at $2.20 Oct last year, then sold half in Feb as it started to slide at $2.09. Kept 4,000, took up the (mercifully oversubscribed and thus heavily cut back) SPP at $1.65. It hit a nadir of $1.20 . And watched it for a few days, decided it was delayed news and tax loss selling driving it, so I topped up with 6K . As it has recovered , I am now down 12% for the total holding.
 
Dona Ferentes said:
I was down 39% on 4DX at end FY. Bought at $2.20 Oct last year, then sold half in Feb as it started to slide at $2.09. Kept 4,000, took up the (mercifully oversubscribed and thus heavily cut back) SPP at $1.65. It hit a nadir of $1.20 . And watched it for a few days, decided it was delayed news and tax loss selling driving it, so I topped up with 6K . As it has recovered , I am now down 12% for the total holding.
Click to expand...
Nice comeback ! :xyxthumbs

Unfortunately for AGL holders though it's been a one way ride... :depressed:
 

Similar threads

R
The American use of War Pretext Incidents
Replies
6
Views
9K
sptrawler
sptrawler
R
The Financial Endgame
Replies
18
Views
9K
qldfrog
qldfrog
Top