Robusta fundamental, leveraged investments

[craft]

Hi Robusta


I see you are making the tough decisions with the same temperament that you have always displayed and I have always admired.

Hope everything works out O.K for you. Sometimes the biggest challenges turn out to be the biggest opportunities.

 

[robusta]

Gee mate
That's bad news and sudden.
I hope its just the loss of a job and not something more sinister! (Health/Breakup)
Other Jobs are around.

Cant run it as an exercise as if nothing happened?

Thanks mate, everything is ok the Mrs is a bit of a redhead and told her boss to shove it not such a bad thing but her boss was a &$)&&twit. Normal family stuff goting on but the main drama is our joint finances are a shambles. Looks like we have some lessons to learn. You know the complicated ones like spend less than you earn.
Anyway I hope to keep around 10k worth of shares and the use of the line of credit for investing. The plan is still to be a nett buyer of equities over the next 20 years.
The other good news is all of the positions are also held in our super but in much larger quantities so not all is lost.

 

[tech/a]

Great seems you both are all over it

 

[skc]

Thanks mate, everything is ok the Mrs is a bit of a redhead and told her boss to shove it not such a bad thing but her boss was a &$)&&twit. Normal family stuff goting on but the main drama is our joint finances are a shambles. Looks like we have some lessons to learn. You know the complicated ones like spend less than you earn.
Anyway I hope to keep around 10k worth of shares and the use of the line of credit for investing. The plan is still to be a nett buyer of equities over the next 20 years.
The other good news is all of the positions are also held in our super but in much larger quantities so not all is lost.

I hope everything works out well. One door shuts and another opens.

And my sincere congratulations on this thread (whether you continue or not)... almost 1000 posts, 3.5 years in the running, fantastic returns and even more fantastic educational value. Who could forget your losers like MCE and winners like MTU, IPP etc? You have shown tremendous learning, growth and self reflection that is so rare on this forum. Great great stuff.

P.s. Don't forget to budget for capital gains tax!

 

[So_Cynical]

P.s. Don't forget to budget for capital gains tax!

The second thought that came into my mind upon reading the fire sale post, the CGT bill will be substantial...chin up Robusta.

 

[VSntchr]

Best of luck mate, I've thoroughly enjoyed your musings in this thread.
On the bright side, market may tank from here and you can buy it all back for half price in 12 months time

 

[burglar]

Best of luck mate, I've thoroughly enjoyed your musings in this thread.
On the bright side, market may tank from here and you can buy it all back for half price in 12 months time

+1
Always thought you were a plucky lil tree frog!

I hope this helps, ...
US DJI falls off a cliff today:
http://finance.yahoo.com/

 

[galumay]

Sorry to hear of your challenges mate, I have always enjoyed reading your thread and whenever its udated i click to have a look. I have picked up some good ideas and found companies to research that had not hit my radar until i saw you mention them. As someone who was made redundant after 20 years with one employer I know the impact that the sudden loss of income can have.

Best of luck and hopefully everything will work out for the best in the long run!

 

[ROE]

Sorry to hear you down to one income, but thing can only get better from the low point.
it seem a little set back and nothing too major for you to continue your investment journey.

sometimes one door is close a better door is open

 

[robusta]

First of all I want to thank everyone for their kind thoughts. There are some other stresses going on in our house but you know what they say what doesn't kill you makes you stronger.

The selling continues...

92 x NVT @ $4.58 =$421.36
2566 x IMF @ $2.33 =$5958.53

So neatly there all I need is the UOS order filled (thats the one sitting in the market at $0.52) and I will be down to the ~$10,000 of IPP and SRX I would really like to use as the base for the next portfolio.

 

[KnowThePast]

I hope everything works out well in the end, Robusta.

Congratulations on an oustanding thread, I am sure you will be back stronger given time.

Don't stress, it's only money and it's never too late to start again.

 

[robusta]

P.s. Don't forget to budget for capital gains tax!

Yep there will be some CGT to pay this year, got to admit better than having tax losses.

sometimes one door is close a better door is open

Yep we are looking at making new beginnings in our house.

Don't stress, it's only money and it's never too late to start again.

Very true, money is only one of the ways to keep score in life.

So hopefully the last sales for a while were on Friday.

Sold 6094 x UOS @ $0.50 = $3027.05

So 3 1/5 years.

I've put a bit north of $9,000 of my money into this portfolio.

Have recently sold $48,787.67 worth of shares.

Owe the bank $27,577,61

So that means I have pulled out $21,210.06 after paying off the bank.

The holdings remaining are;
1456 x CAMO @$.005 = $7.28 (not worth selling)
1910 x IPP @ $2.75 =$5252.50
150 x SRX @ $39.00 = $5850.00

So a "free" portfolio with a market value of $11,109.78

The $30,000 LOC is still available and I would re-enter the market in a flash to re-buy NVT, VED and maybe UOS but will have to make sure the personal cash flow is robust enough to not require a further draw down.

I don't think my abilities are good enough to day trade or momentum trade in the meantime.

 

[Wysiwyg]

I have to say this thread has been refreshing in regards to the general no B.S. theme here at Aussie Stock Forums and for that, respectfully, I wish you a favourable time ahead.

 

[robusta]

Ok so the personal cash flow isn't fixed yet but I've got a few ideas for some extra earnings.

So dipping a toe back into the market.

Bought

Navitas
427 x NVT @ $4.68 = $2018.31

Veda
876 x VED @ $2.28 = $2017.23

There is no way I will leverage up at current prices to the extent this portfolio was before the recent sell down, but if we have a decent correction...

On another point I will have to come up with another way of monitoring the performance going forward. Looking at a percentage return on my contributed equity will no longer work.

 

[agumby]

After this post I will probably have to take the word leveraged out of this thread title. We have had a change in our family finances and are now down to one income as a result I have had to raise some quick cash.

So not happy to be selling but you sometimes difficult decisions have to be made.

sorry to hear robusta and fully understand, got made redundant myself with 75 others 5 days ago but have known since October. Totally unexpected back then to us all.

My initial reaction was to sell of 15k of shares and pay off a debt, but then got over the shock and panic and knuckled down with heaps of O/Time and reinvested 10k back into the portfolio, pumped an extra 15k pre tax into super and knocked another 10k of debt down. Now we have to survive on my wifes $500 per fortnight wage my redundancy pay, and a 100k share portfolio for at least 2.5 yrs before centrelink becomes an option. Should be Ok and be able to find another job or only use under 80k of my payout in those 2.5 yrs without touching the share portfolio.

good luck with your situation

 

[robusta]

Wow ive been flat out lately. Just realised an open order was filled of friday and another Mon

I will jut record them and hopefully get back to some of the above comments over easter.

27/3 HHL x 981 @$2.04 =$2021.19

30/2 AWN x 2667 @$0.75 =$2020.20

 

[valuepack]

Yep there will be some CGT to pay this year, got to admit better than having tax losses.



Yep we are looking at making new beginnings in our house.



Very true, money is only one of the ways to keep score in life.

So hopefully the last sales for a while were on Friday.

Sold 6094 x UOS @ $0.50 = $3027.05

So 3 1/5 years.

I've put a bit north of $9,000 of my money into this portfolio.

Have recently sold $48,787.67 worth of shares.

Owe the bank $27,577,61

So that means I have pulled out $21,210.06 after paying off the bank.

The holdings remaining are;
1456 x CAMO @$.005 = $7.28 (not worth selling)
1910 x IPP @ $2.75 =$5252.50
150 x SRX @ $39.00 = $5850.00

So a "free" portfolio with a market value of $11,109.78

The $30,000 LOC is still available and I would re-enter the market in a flash to re-buy NVT, VED and maybe UOS but will have to make sure the personal cash flow is robust enough to not require a further draw down.

I don't think my abilities are good enough to day trade or momentum trade in the meantime.

Just tried to do some number crunching and got the following:



*My calculation (not sure if its correct and does not include dividends): (48,787.67 + 11,109.78 - 9,000 – 30,000) ÷ 30,000 = 0.6966

**Couldn’t find a live chart for the ASX Small Ordinaries Accumulation Index, so just used regular index chart which does not include dividends.


Congratulations on beating the ASX 200 and destroying the Small Ords.

Keep up your winning streak!

 

[galumay]

Sorry to nitpick, and it makes no material difference, but the AXJO increased 51% over the time of Robusta's journey, AXJO is the ASX 200 accumulation index and includes dividends.

 

[robusta]

Sorry to nitpick, and it makes no material difference, but the AXJO increased 51% over the time of Robusta's journey, AXJO is the ASX 200 accumulation index and includes dividends.

Seems like it was a good time to dive into the markets, even better with the boost from leverage.

Anyway back into an ld investment today.

1030 x IMF @ $1.94 = $2018.15

 

[robusta]

Just tried to do some number crunching and got the following:

View attachment 62187

*My calculation (not sure if its correct and does not include dividends): (48,787.67 + 11,109.78 - 9,000 – 30,000) ÷ 30,000 = 0.6966

**Couldn’t find a live chart for the ASX Small Ordinaries Accumulation Index, so just used regular index chart which does not include dividends.


Congratulations on beating the ASX 200 and destroying the Small Ords.

Keep up your winning streak!

Thank you for that valuepack, there sure was a shaky start to this portfolio. I could only imagine the results if some of those massive early mistakes could have been avoided. Anyway onto new beginnings. Here is a look at the portfolio as it stands today.

Portfolio Update

Code.............Qty............Cost ...........Date...............Price................Gain/Loss...........Market Value

AWN.............2,667..........0.757........ 30/03/2015......0.750............... -19.95...............2,000.25

CAMO...........1,456...........0.000 ........17/04/2014......0.002................2.91..................2.91

HHL................981............2.060........27/03/2015......1.950..............-108.24...............1,912.95

IMF................1,030..........1.959........08/04/2015......2.010................52.10................2,070.30

IPP.................1,910..........0.795........22/04/2013......2.990............4,191.6.................5,710.90

NVT.................427...........4.727.........26/03/2015......4.540............-79.73..................1,938.58

SRX.................150...........9.873.........24/04/2013......22.89..........1,952.55.................3,433.50

VED.................876...........2.303..........26/03/2015.....2.320..............15.09..................2,032.32

................................................................................................. $6006.39............. $19101.71

There is currently $10,036.82 drawn on the LOC and I'm fairly happy with the 'look' of the revised portfolio with a nice mix of growth and dividend businesses.
However I'm still not sure on the best way to record results going forward.