XAO 0.99% 8,153.7 all ordinaries

Shivers, just checked in and we seem to have gone back to the...

  1. 2,808 Posts.
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    Shivers, just checked in and we seem to have gone back to the 70's. Love Herb Alpert though.

    I have been scanning the charts today for opportunities and every year I promise myself to sell in May and go away, but there are still some opportunities to be had and I will just post them below.

    First cab off the rank is PAK. Coal in BC, low MC ~4M, looking for partner and new opportunities. Being accumulated.

    I bought more at 4.4 cents.

    https://hotcopper.com.au/data/attachments/1514/1514040-3160454efb151c0e8d6cec2ab5227248.jpg

    Next is VAL on the nose, big seller has finished and rebound to 1 cent looks possible. Linked in with BHP subsidiary (KEX) for further exploration expenditure for share in the project. I bought at 0.7 and 0.3 cents.

    https://hotcopper.com.au/data/attachments/1514/1514041-f311385ef658649fbddb3c6dd3306784.jpg

    Next one I have an interest in is Strandline (STA), very low volume and you can't enter without moving the price. No one is interested in mineral sands, but there is money here and this should go to 1.7 cents in the next month or so as the details of the Australian project and associated funding term become known.

    STA have more than this as the African tenements look equally promising, although at an early stage. Funding for the WA tenement project should come soon and will move the price.

    https://hotcopper.com.au/data/attachments/1514/1514045-417e737cb00892c7a4703328854b206f.jpg


    If you have in interest in Uranium then BOE is below the bottom of the support resistance area, buy at 5 cents, sell at 6 cents, nice trade if you can get it.

    Long term BOE could be part of your Uranium portfolio. 10x from here in the next few years is possible.

    https://hotcopper.com.au/data/attachments/1514/1514064-39f6de3ca316a6a7c04ad1aa198dcf01.jpg

    For those interested, I will throw one out there that I don't have an interest in EUC. Maybe it is being propelled by the cobalt price, could be anything, but looks like it is heading for higher prices with the next resistance at 0.4 cents. DYOR.

    https://hotcopper.com.au/data/attachments/1514/1514071-a4c7bbccc0f9514013665f5b720eb206.jpg

    For a long time I have followed GPC, no cash to get into it right now, but crossed the upper resistance level of the sideways channel, so a 1.4 cent purchase would be on the cards if it bounces off that level.

    https://hotcopper.com.au/data/attachments/1514/1514076-9256ba67da02fed37dbfe0c16c25ac28.jpg

    And one last chart that looks interesting and that I followed for a while but never entered, MSV, Mitchell Services. A solid business with increasing revenues and that I should have bought at 4 cents but didn't. A pull back to around 5 cents would be a good entry if you can get it.

    https://hotcopper.com.au/data/attachments/1514/1514079-c1e860db30d25a6a078a35394e826db7.jpg

    If you can manage your risk, then you only need 1 or 2 runners in your portfolio each year to give you acceptable annual returns.

    Hopefully someone can find these ideas useful and maybe some of them will run.

 
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