Australian (ASX) Stock Market Forum

The official "ASX is tanking!" panic thread

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Trembling Hand said:
Why is it an all or nothing bet? Can you not manage the risk better than being at the mercy of a tanking trade?
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Doesn't seem to matter what I do, I just cannot manage risk as you say,I've spread it around a number of shares before and still lost, the only good thing I did was not to plunge head first into the market in mid 06. that would have cost a bundle. TLS gives a good return and I can wait it out if it slides a bit.

Home unit will alwys be there but not as liquid.
 
Why TLS?
Id say if youre scared about the market going down on you, then perhaps the peace of mind of the property investment will suit your risk profile.

As for will the market go down further, it most definitely can. Look at everything that has hit and plagued the market of late from within the last 9 months, to the last 3 years.
It hasnt gotten under 3900 pts in recent times. So what will it take to make the ASX sink under 3900.
Our strong AUD hasnt helped our companies either with being profitable, so in my opinion the market can only grow. Having said that China will be an issue. While I dont beleive its as bad as its made out to be, the fact of the matter is if growth is slowing down in China, there will be less demand for our resources/commodities.

If Australia wasnt so reliant on commodities as a net export, it perhaps wouldnt be much of an issue.
 
zac said:
Why TLS?
Id say if youre scared about the market going down on you, then perhaps the peace of mind of the property investment will suit your risk profile.

As for will the market go down further, it most definitely can. Look at everything that has hit and plagued the market of late from within the last 9 months, to the last 3 years.
It hasnt gotten under 3900 pts in recent times. So what will it take to make the ASX sink under 3900.
Our strong AUD hasnt helped our companies either with being profitable, so in my opinion the market can only grow. Having said that China will be an issue. While I dont beleive its as bad as its made out to be, the fact of the matter is if growth is slowing down in China, there will be less demand for our resources/commodities.

If Australia wasnt so reliant on commodities as a net export, it perhaps wouldnt be much of an issue.
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I think there might be more to be made with TLS than passive property in the next 5 years, but guess work really, the market is unpredicable or we would all be in Monaco sipping champers with swimsuit models.
 
MrBurns said:
I think there might be more to be made with TLS than passive property in the next 5 years, but guess work really, the market is unpredicable or we would all be in Monaco sipping champers with swimsuit models.
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You "think" isnt showing much confidence, but what do you base this on?
I had a quick look at the financials of TLS to see if there was anything there that could shed some light.
I know of late the share price has had some good movement but looking at its financials I think its an accident waiting to happen.
I notice that in the recent financial year it paid more as a Dividend payout than it made through earnings.
The following year will be a 100% dividend payout on projected earnings and then the year after not much better.
Unless the company takes on massive debt, this doesnt cater for any growth in the company.
So for my liking TLS is ringing alarm bells.
 
zac said:
You "think" isnt showing much confidence, but what do you base this on?
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I dont know anyone who "knows" do you ?

I expect property to tank, it's started already, more unemployment, large mortgages and so on.

Thanks for your thoughts on TLS it all helps with my decision making, but in the end it's a leap of faith whatever you do.
 
MrBurns said:
I dont know anyone who "knows" do you ?

I expect property to tank, it's started already, more unemployment, large mortgages and so on.

Thanks for your thoughts on TLS it all helps with my decision making, but in the end it's a leap of faith whatever you do.
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Mr.Burns, you really should have a read of Unholy Grails by Nick Radge. Take charge of your investments.:2twocents

CanOZ
 
zac said:
You "think" isnt showing much confidence, but what do you base this on?
I had a quick look at the financials of TLS to see if there was anything there that could shed some light.
I know of late the share price has had some good movement but looking at its financials I think its an accident waiting to happen.
I notice that in the recent financial year it paid more as a Dividend payout than it made through earnings.
The following year will be a 100% dividend payout on projected earnings and then the year after not much better.
Unless the company takes on massive debt, this doesnt cater for any growth in the company.
So for my liking TLS is ringing alarm bells.
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I think your analysis of TLS is incomplete. It doesn't take into account future expected cash flows from the sale of the copper network "natural monopoly" industry structure to NBN. Perhaps a better place to discuss the merits of TLS would be the TLS thread where those following TLS might be better placed to discuss it?
 
MrBurns said:
I didnt mean to be ungrateful, why is it better than the others ?
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It documents some facts that are very useful for those with an open mind to investing.;)

CanOz
Edit:fair comment about there being too many investment books around...for the record this is my last book on trading, and i picked the best for last. For once in my life i now know that I'm finally on the right track with my trading and investing. Rince and repeat.
 
CanOz said:
It documents some facts that are very useful for those with an open mind to investing.;)
CanOz
Edit:fair comment about there being too many investment books around...for the record this is my last book on trading, and i picked the best for last. For once in my life i now know that I'm finally on the right track with my trading and investing. Rince and repeat.
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OK thanks I might give it a go ;)
 
CanOz said:
Mr.Burns, you really should have a read of Unholy Grails by Nick Radge. Take charge of your investments.:2twocents

CanOZ
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CanOz, I've been meaning to buy and read that book for some time, so I've just ordered it. The best price I found was at fishpond.com.au whom I have never shopped with before. That said, given the income investing thread Mr Burns started a couple of weeks back, I'd say he is looking at TLS as a fully franked income stock rather than a trade. That said, if "Unholy Grails" has anything to say about position sizing and capital preservation risk management that might be of interest to Mr Burns. TLS currently represents a bit under 7% of the share portfolio I manage.
 
tinhat said:
CanOz, I've been meaning to buy and read that book for some time, so I've just ordered it. The best price I found was at fishpond.com.au whom I have never shopped with before. That said, given the income investing thread Mr Burns started a couple of weeks back, I'd say he is looking at TLS as a fully franked income stock rather than a trade. That said, if "Unholy Grails" has anything to say about position sizing and capital preservation risk management that might be of interest to Mr Burns. TLS currently represents a bit under 7% of the share portfolio I manage.
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Hi Tinhat, I just read it on the weekend, the Kindle version. I think Burnsy would enjoy the read if nothing else...but lets wait and see what you think.:)

Cheers,


CanOz
 
notting said:
Can you guys please stop talking sense!
This is the panic thread.
No place for chat about Radge's World. That's for the dull areas where real money is made.
Now back to it
http://m.cnbc.com/us_news/47074259/1
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exactly notting! the volatility is back! huge ups and huge downs may become the norm again. unpredictable would be an under-statement:) seems all central bank interference achieves now is a bit of market stability for which the duration is becoming shorter and shorter. dont get too excited about the rally today, it will no doubt be down tomorrow by as much on some negative news out of europe. let the fun begin
 
Rang Nick Radges office today and he answered the phone, nice guy, still not sure what to do I keep looking for the easy answer but there isn't one.:(
 
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