Your top 3 holdings and why you hold them

[nunthewiser]

and top 3 in position size and length of holding are

MTS
BHP
CSL


dyor....

 

[Slipperz]

Hmmm MTS huh Nun... that a new one on me * makes a coffee and settles in for some research*

I'm about 70% SSN cos it's the best little microcap oiler I've ever found with some great aceages, a land sale deal worth 76 million a week from conclusion with royalties to fund a drilling program in some very oil rich areas in the US.


The rest of my portfolio is a big red line called AZZ.

Holding on with balls of steel on a fair paper loss waiting for news of their unsolicited acreage offer to eventuate.

Will probably reweight back into LNC after the SSN land deal is finalised with profits. I like the LNC story longterm and right now it's looking a little oversold IMHO.

 

[Joe Blow]

and top 3 in position size and length of holding are

MTS
BHP
CSL


dyor....

Nun, as per the thread title, you need to explain why you hold your top three stocks.

 

[prawn_86]

Largest holding is CAB. Sitting on a >7% divvy plus franking credits, with a near monopoly on their market.

2nd largest holding is NMS as i think they are doing well to position themselves as a global player. They just need to convert the contracts into profit now

Other holdings are split fairly evenly across relatively dodgy spec stuff.

 

[UBIQUITOUS]

At risk of attracting the detractors again (see TZL thread) who do not spend the time to investigate the full picture, my top 3 are:

1. TZL
2. TZL
3. TZL

My reasons are far too numerous to go into detail here but this script from www.tz.net pretty much sums up what they are attempting. This combined with the fact that TZ has almost recovered from a black swan event (former board facing civil and criminal charges), means that the company is one of the cheapest stocks on the ASX, but at the same time has the biggest goals bar none. It's a company that certainly tempted Mark Bouris to put his reputation on the line.

"Between TZL's two operating subsidiaries — one focusing on IP creation, technology development and proprietary product commercialization and the other offering award-winning multi-disciplinary design and engineering services — TZL has the collective power to transform great ideas into truly amazing commercial offerings that will change the world – in the way we use things or in the things that we use."

Current share price with customers and engagements, BAE, Boeing, Airbus, Visteon, Dell, Pitney Bowes, Anixter, Cardinal Health and others which they do not mention due to non disclosure agreements : 40c.

Share price upon IPO several years ago when TZ had no customers and their ideas were concepts: $2.50

My current valuation: $3-$7 - Based on:

(1)a target fastener market greater than $50b, with solutions which are 3x cheaper than the next best alternative, yet with superior functionality - security, audit trail, remote actuation etc
(2)Software focused company - therefore extremely high margins and repeat revenue from the same customers
(3)Previous revenue $17m. 2011 forecast $30m, but with many other developments since this forecast.

 

[Slipperz]

At risk of attracting the detractors again (see TZL thread) who do not spend the time to investigate the full picture, my top 3 are:

1. TZL
2. TZL
3. TZL

My reasons are far too numerous to go into detail here but this script from www.tz.net pretty much sums up what they are attempting. This combined with the fact that TZ has almost recovered from a black swan event (former board facing civil and criminal charges), means that the company is one of the cheapest stocks on the ASX, but at the same time has the biggest goals bar none. It's a company that certainly tempted Mark Bouris to put his reputation on the line.

"Between TZL's two operating subsidiaries ”” one focusing on IP creation, technology development and proprietary product commercialization and the other offering award-winning multi-disciplinary design and engineering services ”” TZL has the collective power to transform great ideas into truly amazing commercial offerings that will change the world – in the way we use things or in the things that we use."

Current share price with customers and engagements, BAE, Boeing, Airbus, Visteon, Dell, Pitney Bowes, Anixter, Cardinal Health and others which they do not mentioned due to non disclosure : 40c.

Share price upon IPO several years ago when TZ had no customers and their ideas were concepts: $2.50

My current valuation: $3-$7 - Based on:

(1)a target fastener market greater than $50b, with solutions which are 3x cheaper than the next best alternative, yet with superior functionality - security, audit trail, remote actuation etc
(2)Software focused company - therefore extremely high margins and repeat revenue from the same customers
(3)Previous revenue $17m. 2011 forecast $30m, but with many other developments since this forecast.

I followed their story a while back as the software and fastener technology is pretty impressive.

Lost interest after the SP went off the cliff as the profits never eventuated and then the legal wrangling began.

I just had a look at the chart and it looks like it's found it's bottom but the depth is astonishing.

One seller in the queue with 10 913 shares

Could be off for a bit of a run with that sort of depth!

 

[nulla nulla]

Map (Macquarie Airport)
Purchase Date: 03 December 2002
Purchase Price: $0.86
Dividends per share since purchase: $1.64
Current Dividend: $0.21
Yield on Current share price $2.94: 7.14%
Yield on original share price $0.86: 24.42%
Capital Gain on original share price: $2.08
Comments: No point in selling it. It doesn't owe us anything and continues to contribute a regular income stream through dividends.

WBC (Westpac)
Purchase Date: 01 July 2001
Purchase Price: $13.20
Dividends pershare since purchase: $8.70 (fully franked)
Current Dividend: $1.25
Yield on Current share price $21.75: 5.75%
Yield on original share price $13.20: 9.47%
Capital Gain on original share price: $8.55
Comments: No point in selling it. It doesn't owe us anything and continues to contribute a regular income stream through dividends.

These are the only two shares in the portfolio considered as "holdings". The rest are short term investments where the profits are taken, locked in and re-invested. In the present market invironment there is no point in buying shares for any long term goals (years). Lock in any profits on the price rises and re-enter on the price falls.

 

[UBIQUITOUS]

I followed their story a while back as the software and fastener technology is pretty impressive.

Lost interest after the SP went off the cliff as the profits never eventuated and then the legal wrangling began.

I just had a look at the chart and it looks like it's found it's bottom but the depth is astonishing.

One seller in the queue with 10 913 shares

Could be off for a bit of a run with that sort of depth!

That's the thing Slipperz, anybody who had followed TZL since March could have discovered that the former Chairman had been selling stock and once his assets were frozen, there was a margin call on his and associates stock which represented 3/4 of the selling! This is the reason the price fell from 96c to 27c. Now that the selling has stopped, there is no way in for anybody who wants anything sizeable at these prices, even if the charts give them a buy trigger. It'll be funny when the market realizes, which it is beginning to.

In the present market invironment there is no point in buying shares for any long term goals (years). Lock in any profits on the price rises and re-enter on the price falls.

Nulla, that's a BIG call. Not all stocks follow the general direction of the market. My view is to buy companies with great prospects as cheap as possible (no matter what the general market sentiment), increase holdings if that company becomes even better value (share price falls), and hold for the long term.

 

[So_Cynical]

Re: Your top 3 holdings (How much worth) and why you hold them

i hold TRY have done on and off for years.

was once a solid little miner with the lowest cash costs in the land.

i only hold a free holding these days and have found no reason to add to it of late as the storys got murky over the years.

in some kickass prospects tho and know some of the areas very well

they also have corresponding grounds with a couple of sharks that would snap them up at any given moment if they get in the way

i hold, am biased, and free hold so my circumstances will be different to anyone thinking of this far and wide buncha WA gold producers

Nun i don't want to derail this thread but feel i need to make my thinking on TRY more detailed...keeping in mind im a believer in the Gold bull, and i'am focused on building a dividend stream...TRY is one of only a handful of Dividend paying gold stocks, off the top of my head i think there's like 5 or so, i believe every diversified, growth focused, income producing portfolio needs at least 1 good gold stock.

Cash costs have blown out over the last 2 years as the Sandstone mine grades have fallen, however in the last report we have seen the difference that comes from mining higher grade ore in a low cost country...Cash costs per ounce have fallen dramatically as TRY gets more ounces out of every tonne of ore processed...add the new Casposo mine into the production figures (starting next quarter) and the TRY story looks compelling.

 

[nunthewiser]

Nun, as per the thread title, you need to explain why you hold your top three stocks.

Yeah sorry bout that....

MTS....Defensive Growth stock, nice income stream provided over the years and a solid expanding business.

BHP....... Diversified resource stock. ...lol at the divvie....Growth company.. Great to trade both ways

CSL.........Defensive Bio providing an income stream over the years......Growth company....... every home should have one

The above are merely my basic reasons for holding......DYOR ...... i had too
The above are a larger % of my portfolio, i hold others also

All of the above i also trade on a shorter term basis and add to positions via stock instead of $ profits kept.

My reasonings and strategys are for ME only ..... They may not work for you.

 

[robusta]

Yeah sorry bout that....

MTS....Defensive Growth stock, nice income stream provided over the years and a solid expanding business.

BHP....... Diversified resource stock. ...lol at the divvie....Growth company.. Great to trade both ways

CSL.........Defensive Bio providing an income stream over the years......Growth company....... every home should have one

The above are merely my basic reasons for holding......DYOR ...... i had too
The above are a larger % of my portfolio, i hold others also

All of the above i also trade on a shorter term basis and add to positions via stock instead of $ profits kept.

My reasonings and strategys are for ME only ..... They may not work for you.

Pretty good looking top 3. I like stocks that if you can buy at a resonable price and then sit back and wait ypu get both large capital gains and decent dividend growth.

 

[nulla nulla]

Nulla, that's a BIG call. Not all stocks follow the general direction of the market. My view is to buy companies with great prospects as cheap as possible (no matter what the general market sentiment), increase holdings if that company becomes even better value (share price falls), and hold for the long term.

Increasing holdings on the dips sounds like averaging down, which can be a recipe for disastor. I know because I did it with BBI.
If a share is following a discernable pattern in the current market of recurring highs and lows, then you are better off getting in on the lows, out on the highs and locking in your profits each time.
Realistically, it is going to be a long time before we see a prolonged bull market where it would be safe to set and forget.

 

[Muschu]

Only have 2 holds at this time:

Cash well over 80% because of volatility and anticipations, by some, of a double dip;

NVT as it appears to be able to withstand most downtrends and because of continously strong anouncements.

 

[UBIQUITOUS]

Increasing holdings on the dips sounds like averaging down, which can be a recipe for disastor. I know because I did it with BBI.
If a share is following a discernable pattern in the current market of recurring highs and lows, then you are better off getting in on the lows, out on the highs and locking in your profits each time.
Realistically, it is going to be a long time before we see a prolonged bull market where it would be safe to set and forget.

That depends on what the intrinsic value of the company is that you are buying.

For example, with TZL it was and still is ridiculously undervalued. I was screaming even louder than I usually do at around it's low of 27c a couple of weeks ago. Today it hit 49c (up 18% today), and it came up on the rails and almost gave me 1st in the ASF stock tipping comp. Nevermind, I will take 1st next month. Not a bad day for me: about $75k + $25bucks from the comp. (Yes it is unrealised and could retrace a little, but any excuse for a little drink tonight!)

Well done Nulla on your victory though.

 

[Slipperz]

That depends on what the intrinsic value of the company is that you are buying.

For example, with TZL it was and still is ridiculously undervalued. I was screaming even louder than I usually do at around it's low of 27c a couple of weeks ago. Today it hit 49c (up 18% today), and it came up on the rails and almost gave me 1st in the ASF stock tipping comp. Nevermind, I will take 1st next month. Not a bad day for me: about $75k + $25bucks from the comp. (Yes it is unrealised and could retrace a little, but any excuse for a little drink tonight!)

Well done Nulla on your victory though.

LOL don't forget the 25 bucks :bananasmi:bananasmi

Well done for keeping the faith.

 

[noie]

Hmmm MTS huh Nun... that a new one on me * makes a coffee and settles in for some research*

I'm about 70% SSN cos it's the best little microcap oiler I've ever found with some great aceages, a land sale deal worth 76 million a week from conclusion with royalties to fund a drilling program in some very oil rich areas in the US.


The rest of my portfolio is a big red line called AZZ.

Holding on with balls of steel on a fair paper loss waiting for news of their unsolicited acreage offer to eventuate.

Will probably reweight back into LNC after the SSN land deal is finalised with profits. I like the LNC story longterm and right now it's looking a little oversold IMHO.

Oh thanks for reminding me about SSN... i wanted to "gain exposure" to an oil+gas spec, and went with GGP+GGE over SSN..

Back in Mid June

Might cash out and "fix" (patch) my mistake, i think SSN are looking tidy in this area now.

 

[robusta]

May as well list entire portfolio.

1) FGE, 30% of portfolio, great growth company, next to no debt, good ROE.
Started buying in April, kept on buying as the price dropped, held 60% of portfolio at one stage, have reduced holding lately as a nod toward diversisication. Ha Ha

2) MCE, 21% of portfolio, great growth company, next to no debt, good ROE.
Doubled profit this year, expected to do so again next year.
Got into this one mid August sp up 17% so far

3) MND, 13% of portfolio, great growth company, next to no debt, good ROE. (spot a pattern here) - also very good dividend yield.

4)CBA, 9% of portfolio, I know everyone sais NAB better value or ANZ more growth prospects but these guys rarely put a foot wrong and they got a bargain with Bamkwest.

5)ONT, 8.5% of portfolio, great old fashioned under valued business with next to no debt, good ROE and a ever increasing dividend.

6)JBH, 6.5% of portfolio, great growth company, next to no debt, good ROE.

7)CSL, 6% of portfolo, great growth company, next to no debt, good ROE.

8)Cash, 6% of portfolio looking for....wait for it great growth company, next to no debt, good ROE.
I know it is booring but let me assure you the returns are very satisfactory.

 

[trainspotter]

Probably doesn't belong in here:

1) CASH - Because it is King. Nothing like money in the bank. Easy access and it buys product. Money talks and BS walks.

2) PROPERTY - Because banks will lend against it. Equity RULES. Makes the bank manager go weak at the knees. No need for financials.

3) PEARLS - (or in this case an income producing business) A cashflow positive enterprise is the way forward. Money in with greater money out pays overheads and keeps the ATO happy.

4) SHARES - A mixture of small stuff that I wont go in to. If it makes a $1000 .... I SELL.

Sorry to all .... that was 4 holdings.

 

[pedalofogus]

My top 3 (which make up 95% of my share portfolio) are:

AJM (incl. AJMOA options): 85%
AXMO: 5%
ALK: 5%

AJM is in there because i really like it's portfolio of projects, which includes Garnet, IronOre, Coal, Lithium and Uranium. And i also like it's management. I was a holder of NHC (until recently) which i bought at 50c when it floated in early 2000's, and during my holding period i received approx $1.50 per share of dividends, and then i sold out earlier this year for just over $5.00. The management of AJM is pretty much the senior guys from NHC, so i am keen to be a shareholder in their new 'project'. I am also extremely excited about the speculation in the Courier mail etc about them looking to buy some coal projects. That's what these guys are pro's at, and i hope they can get into it again.

AXMO is in there because i think AXM is a company that has had a really bad run in recent years, and is on the verge of turning it around. They have had some management changes, have started reeling in the costs of production (apparently), and with my bullish view on gold i think their profits will increase significantly. My reason for the options over the shares is just because i believe that by the expiry date (end 2012) AXM will be either bankrupt or going gangbusters. I also see the gold run being over a period of 2 more years, so that fits the options perfectly IMO.

ALK is there because it is the first one of the recommendations from ASCI or D&D that I have been excited by. I think the REE sector is going to be big over the next 5-10 years, and these guys seem to have the resource to benefit from it. This one is probably the biggest concern in my portfolio, because i am in it as a exposure to REE's, rather than really loving the company itself.

Any other money i have is being held in cash. I feel the next 18 months will be tough for the broader market, and picking a couple of good prospects will be a lot more important than just holding a big diversified portfolio, in my opinion.

Pedalofogus

 

[noie]

My top 3 (which make up 95% of my share portfolio) are:

AJM (incl. AJMOA options): 85%
AXMO: 5%
ALK: 5%

AJM is in there because i really like it's portfolio of projects, which includes Garnet, IronOre, Coal, Lithium and Uranium. And i also like it's management. I was a holder of NHC (until recently) which i bought at 50c when it floated in early 2000's, and during my holding period i received approx $1.50 per share of dividends, and then i sold out earlier this year for just over $5.00. The management of AJM is pretty much the senior guys from NHC, so i am keen to be a shareholder in their new 'project'. I am also extremely excited about the speculation in the Courier mail etc about them looking to buy some coal projects. That's what these guys are pro's at, and i hope they can get into it again.

AXMO is in there because i think AXM is a company that has had a really bad run in recent years, and is on the verge of turning it around. They have had some management changes, have started reeling in the costs of production (apparently), and with my bullish view on gold i think their profits will increase significantly. My reason for the options over the shares is just because i believe that by the expiry date (end 2012) AXM will be either bankrupt or going gangbusters. I also see the gold run being over a period of 2 more years, so that fits the options perfectly IMO.

ALK is there because it is the first one of the recommendations from ASCI or D&D that I have been excited by. I think the REE sector is going to be big over the next 5-10 years, and these guys seem to have the resource to benefit from it. This one is probably the biggest concern in my portfolio, because i am in it as a exposure to REE's, rather than really loving the company itself.

Any other money i have is being held in cash. I feel the next 18 months will be tough for the broader market, and picking a couple of good prospects will be a lot more important than just holding a big diversified portfolio, in my opinion.

Pedalofogus

Nice Top 3 all A+

2 here i have been researching,

AJM after the Lithium Drilling Results at Pilgangoora were released first run over the company was promising (and undervalued), still a little work to do, not even made it to their recent presentation. ( I had not looked in to the MGMT so thank-you for the info. NHC was a well run company)

ALK is to be a replacement to my US REE exposure, just waiting on a trigger to get in, again no detailed info from me sorry, this is more of a base cover than a long haul. the quarterly report taught me a lot about zirconium processing