Australian (ASX) Stock Market Forum

Rate my portfolio

Ken

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please rate my porfolio. any tips...

BHP 600 - bought at 26.38
RCO 8000 - bought at 50 cents
COE 8000 - bought at 49 cents
FDL 35000 - bought at 1.4 cents
ERO 8555 - bought at 22 cents
NXS 1000 - bought at $1.38
ARQ 1000 - bought at $1.50
GTP 2000 - bought at $2.80
T3 offer - subscribed for 8000 shares
MFS 1000 - bought at $4.00
DKS 700- bought at $6.90
 
Ken said:
please rate my porfolio. any tips...

BHP 600 - bought at 26.38
RCO 8000 - bought at 50 cents
COE 8000 - bought at 49 cents
FDL 35000 - bought at 1.4 cents
ERO 8555 - bought at 22 cents
NXS 1000 - bought at $1.38
ARQ 1000 - bought at $1.50
GTP 2000 - bought at $2.80
T3 offer - subscribed for 8000 shares
MFS 1000 - bought at $4.00
DKS 700- bought at $6.90

BHP is a long term winner.
NXS - echuca shoals could potentially be worth $3/share to them. I know a broker from Citigroup who rates them, recommended them to a client, a good mate of mine when they were 53c. Probably one of the best junior oilers.

Im not familiar with the rest of the stocks.

Ill withhold commenting about T3.
 
I personally wouldn't hesitate to put 90% of my eggs on NXS. Will be a long term winner for sure. Upside of echuca is massive. I will be buying more of these as soon as I take some profits from ADI in a couple months or so.

Buying shares totalling $500-1500 is a bit of a waste of time if you ask me. My opinion is min $3k otherwise brokerage and dicking around isn't worth it.
 
Ken said:
please rate my porfolio. any tips...

BHP 600 - bought at 26.38
RCO 8000 - bought at 50 cents
COE 8000 - bought at 49 cents
FDL 35000 - bought at 1.4 cents
ERO 8555 - bought at 22 cents
NXS 1000 - bought at $1.38
ARQ 1000 - bought at $1.50
GTP 2000 - bought at $2.80
T3 offer - subscribed for 8000 shares
MFS 1000 - bought at $4.00
DKS 700- bought at $6.90

BHP im not so sure about long term, but short term liekly to rise

NXS you bought to high?

MFS i think has got potential

GTP is a good one, but always has inherent risks

thx

MS
 
Always good to hear opinions.

I believe i have made a few errors. but still learning.

I only bought BHP a core stock a few months ago.

I could easily offload ERO, COE, RCO, and not be out of pocket.

But i think they could be winners, so i would like to stick with them. All though when you see all the other stocks going up and mine just being prett flat, can be worrying if the market turns south...
 
michael_selway said:
BHP im not so sure about long term, but short term liekly to rise[/COLOR]
NXS you bought to high?

MFS i think has got potential

GTP is a good one, but always has inherent risks

thx

MS

What do you consider short term MS on BHP, if you consider short term months, why bother with BHP, there's better trades out there. :D
 
michael_selway said:
NXS you bought to high?

This is a myth and i suggest u banish this sort of thinking of else ull miss out on many opportunities.

Those that bought nexus at 4.4c would also think 50c is a high price.
Next year, i suspect $1.50 will seem like a bargain.

That said, i will start a thread on market myths

Agree with freeball on BHP
 
Ken said:
I could easily offload ERO, COE, RCO, and not be out of pocket.

I would hang onto COE until they drill in indonesia next year. If nothing shows up they still have good fundamentals and you shouldn't loose to much on them if any. On the other hand if you sold now and they hit paydirt you could miss out on upward of $3 per share. Its a risk but its calculated.
 
From what i have read, they are are cashed up, and they have just spent a alot of time on maintence, and repairing equipment. They are due to expand internationally as you said. No exploration success is factored into their share price.

I think with the management the have got, they will do very well.

Not much bad press.
 
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