By - AutoModerator
Oi Fellas R U OK?
Omg PLS you beautiful child you just reacher 4$ congrats baby boy/girl
Man. I am tired.
BHP and FMG both of u can u go up stupid
Bulls & bears can co-exist in the wild.
If you don't believe that, join HC for the circle-jerk echo chamber
I don't even know who /u/chzakalwe is but fook dat guy
Heyyyyyy thats not nice 😔
ROG saved my day
Different meaning to 'getting rogered'
I was trying to think of something like r/firsts but this is better
WHC and coal outlook for this month?
Probably really good.
Nice, have a good evening and fuck you ASX.
Let's have another day like today tomorrow!
Downvoting you is becoming a hobby
ChZakalwe may have negative karma to post at this rate
You'll never silence the lone voice of truth!
I upvote you like I used to upvote BM2!
Feeling its time to sell WDS but not sure..
Last time I had this urge and ignored it; GRR dropped 57% in 2 days.
Warren's still buying oil
Well if OG wazza in the game ..looks like i'm staying in the game too :)
Are we gonna challenge the June bottom… 😭
It's been green week for me, what are you holding?
Obligatory fuk u
Bruh I'm already there
>“Lehman Event” Looms For Europe As Energy Companies Face $1.5T In Margin Calls
Can't they just fire up the money printer again to keep these companies afloat?
They should all be nationalised with prejudice.
They WILL print money and bail those companies out, they are too big to fall.
Bouncy bouncy bouncy ..goes the ASX.
Finally ADH gonna stop bleeding ex-div. I know i know boomer stock, but I'm bullish on this years results.
Was on my buy the dip list but I already bought a heap of dips which kept dipping :/
They look ok, but Mocka was disappointing. I liked DSK a bit better (hold both)
I wish i bought more at $1.70 a few months back, my average is $2.30.
If Focus-On ramps up this year with online sales and store revamps then I think this is easily a $3.50 share big IF. They are conservative on their projections because the industry has a lot of challenges. Sales already up a lot in the first 7 weeks (burried in an announcement).
They had a large wharehouse expense recently which they say was a one off, without that their NPAT is flat. New national distribution centre and efficiency gains - lots of potential and management is pretty fast at addressing problems.
As it is, I like their approach to their business growth, their attention to online sales and loyalty program - I know a few linen fiends and those people spend dumb money. Focus-On online sales are 6%, so a lot of room to grow there.
Focus on result was good. They took on a fair bit of debt to get the acquisitions done, so that's also a factor but I like what they are doing, just disappointed with mocka because it is a great brand and Adairs kind of fucked it up a bit.
Mocka was the classic dressed up for sale, its mostly behind them and accounted for now luckily. The debt isn't much of a concern for their level of assets and what they got in return - in my opinion anyway. It won't take much for Focus to pay for itself.
My concern is a protracted loss of jobs and downturn eventuating that hits sales, but we'll see if that happens.
lost $300 to the pokies, felt worse than when my entire portfolio was down 35%
Its about insta dopamine fix. Stocks are more longer term dopamine goals.
Just open a pack of pokemon cards and get ya pikachu on!
Pokemon cards? What are you, 6?
Real men play Magic The Gathering!
I have some old mtg cards that are worth a fair bit, but you have to respect the charizard.
I see your charizard and raise you alpha black lotus.
At least you can learn that pokies are made to fuck you and not to give you anymore than they are legally obligated too.
They are actually used to launder money
Once i realised how much they are used to launder money, a lot of things ive seen make a lot more sense.
One of my first stocks i ever bought was Brickworks (BKW). Boy, what a dog that is. Worse than many speccies here.
Edit: seems to be some butthurt BKW holders here.
13% p.a over the past 20 years, will outlive a lot of speccies in the long run.
13% return for 20 years? Lmao
p.a means per annum, so 13% every year (including dividends)
wym compounded? Talking about the Share Price.
Yeh so if it’s compounded p.a. Initial investment x 1.13 1st year. Next year 1.13 x new amount etc. for 20 years.
Yeh no I misread your original post about it being 13 PER ANNUM, but my point still stands, im strictly talking about share price performance not total returns inclusive of dividends or any compounding effect.
I know how compounding works lmao.
If I was concerned about the whole return (conpounding w dividends) id focus on stocks like BHP/ FMG. Not Brickworks. Fuck that.
My pf red across the board. Knew it was just a matter of time.
RVR doing typical dog stock stuff - like winding its mine up
What an absolute disgrace, as management have completely failed to capitalise the Hillgrove operation for the last 2 years, not bloody happy!
Yeah, I can get out at very slight loss after 2.5 yrs invested. Just pissed that RVR have completely missed so many opportunities to turn a decent profit rather than just plodding along all this time.
In hindsight I was going to sell earlier in the year and dump the cash into VML and IXR, so likely wouldn't have done any better.
Last 250k shares sold at a slight loss. I used to hold \~850k, but decided I've had an absolute gutful of management...
Hell yes, that’d be a house and a lambo! 🙌
I don't know how but I'm green today.
It’s custodian, dick.
How much extra money would you need to be earning before your significant other started cooking all your dinners ?
You'd still need to cook for her boyfriend
Our arrangement is when I'm on $300k+ p/annum (so maybe never?) or when I've got a clean million in profit out of the stock market (so probably never too?)
If I can get back to private sector on a high-paying CIO job, it'd do the trick... remind me in 5 years have I "made it" yet?
Make $1m p/annum and gamble 700k on speccys
Medical specialists are riding the gravy train
Haha sounds like your partner would be getting the better half of the deal on that one. I would do my armature cooking for 150K a year. My partner says they would like to be a stay at home parent if we had kids but i don’t see us affording a house that way
You don't want her a stay at home mom, trust me :)
The home becomes her domain to rule over, she's relatively on her own scheduale, she never answers to an employer and slowly but surely treats you like the extra child, she gets all domineering and bossy and forgets what its like to have to take shit (from a superior) ..so starts dishing out her own bullshit.
This never happened to me, but I've been a plumber for 30+ years and I see it in every house I work in where there's a stay at home mom. I refer to it as house wife syndrome. It takes years to alter her, but it will happen.
Save yourself by not telling her this valuable info and not letting her cross the line of no return :)
This is bullshit. I love the stay at home life and my husband is a baller. Literally all I do is look after the kids, workout and plan holidays. I’m living the dream and it’s all thanks to my daddy, I mean my kids daddy.
Speaking from experience, my ex wife clung to the notion of not returning to work and we couldn't sustain the lifestyle + home + investment property, so the hole got deeper and financial stress created all sorts of problems...
New wife much better with money 😁... but has not faith in my stock market dealings 😢
AAU green... What the fuck i though gold was dead?
It’s certainly dead over at NVA
You got a DD on that one. I'm watching but no funds spare atm Cuba mining looks interesting
Nah bought ages ago. Based on someone else saying something I thought sounded smart. Currently down 34%
They rang my bell when they went down 50% from 10c mark. That's when I go hunting.
Its essentially 3 projects (+1 legal issue looking to get resolved for $40mil):
1. \- La Demajagua Gold/Silver Open Pit MineDFS to be finalised this quarterIntended to produce 100,000oz Au equivalent for 8 yearsResource Total 9.707mil oz Ag (29.3g/t) & 908k oz Au (2.74g/t)
2. El Pilar Deposit- Copper/GoldA 14,000m drilling program has commenced
3. Antonio MineCopper/ZincDrilling to start 2023 but already has a N1 43-101 report from 2018
Edit: It's $40mil paid to AAU/EVGLL (main entity) for taxes and damages against the Dominican Government + legal costs, overheads, and other associated costs related to this matter
the silver at La Demajagua is the sleeper value that everyone is overlooking IMO
with Gold to Silver ratio up at highs over 80:1, once silver gets the attention it desrves then the revenue improvement in the DFS / Scoping Study for AAU's plan of second silver-rich concentrate will outpace gold.
I have run some numbers and a Gold to Silver ration of 60:1 or 50:1 doubles the silver revenue per annum.
On top of the high value Antimony (target 40% of 11,000 tpa) the La Demajagua NPV would have to be up over $350m by estimates and against a market cap of under $20m that seems very low, let alon the other pipeline projects and the potentialof the legal settlement.
Also it stands to reason that Cuba would be pretty BRICS aligned, so to me that suggests a sured up market for the mined metals across all of the pipeline projects and well into the future one would think.
El Pilar with some great copper results FINALLY!
Legend. Homework time. Thanks
Credit where credit is due
When the markets were crashing and PLS was hovering around the low $2 mark, there were some comments talking about the fiBoNacci and that PLS was likely to go down to $1.70 (or something similar in the $1 range)
The legendary /u/JSwyft said and i quote "PLS will see $4 before it sees $1"
And for he was right, and for those whom followed the legends tale have been rewarded with a bag on this very fine evening
I piled into PLS so hard... this sub was like a pack of seagulls on a discarded hot chip.
congrats to all the homies that did good 🤰🏾
Yes u/mapabi or someone with a similar username couldn’t go through with the bet because they had an existing one… I pleaded with the mods to let it happen!
I also bought more PLS too!
Probably was me! Full credit to u/JSwyft
Credit to you for the opposing view as well, comrade. Anybody being a bit cautious had a great chance after that GS/CSuisse inspired sell-off.
Cheers moite. I got in short on technicals a week before the GS hit piece. Pure arse 🤣
Bought what i could at the time. Should've killed off some dogs to buy more.
I really should have read more of Jswyfts posts
I'm trying to round off a four horsemen of the apocalypse portfolio. Already have a funeral home stock for Death and a grain stock for famine.
Who's the biggest military contractor on the ASX?
No idea. DRO-droneshield something minor.
AR1 or nine or something cannot remember or am wrong.
Both small links to Military.
Have you ever heard the tragedy of Darth Barnaby the Red?
Red, Black, and Zero. Smart!
Wen shopping trolley?
soon. then lada.
Yeah fuck this i’m logging into my alt porn account. Bye guys.
/me wonders what thoughtful name u/litres-of-cum thought up for his porn alt.
Hey Milli, do you mean Bi Guys?
5 guys, one pizza, has to be a meat-lovers.
Considering a NIC knife catch
As I understand it, most of their product is used to make stainless steel (ignoring Nicke matte plans because I think it's nonsense). If there is a significant recession, demand for stainless steel will plummet, so a very high-risk, high-reward investment imo.
Wait for it to turn.
I bought in just now at 85c.
I’ve been spying them too, they got any catalysts due?
Next quarterly so not for a while. It’ll show increased production but with margin contraction.
Also considering but my recent attempt at AMS has me cut and bleeding.
So far IXR and CDT have been topped up - not sure RNU will drop enough and HAS is hurting, but still green so not so worried.
Red days when you have some spare $$ are easier to live with than red days and unable to buy anything
My HAS supply is very sad today
I impulse buy some real estate for sector rotation, from consumer staples (was TGR)
* CIP, industrial property should be less risk than residential or commercial.
* GPT, value buy, 30% below book value, room for falling ~~prices~~ valuations.
Also recently got SGP and DXS, was too early though (-8%), will probably average down on SGP, but regret DXS.
EXR doing what EXR does. Fucking nothing!
Google play play list " Wake me up when September Ends" "Boulevard of Broken Dream".
or when 2022 ends
Nah I'm excited for October
Not… mid October though right?….RIGHT?
Haha hope not fark.
For my birthday?! How sweet of you!
Someone explain to me like I’m retraded (cuz I am if I’m here) how come AGY announces production starting in November, but they haven’t gone to the moon?
They’ll be part of quite a small club of actually operational lithium producers for a while, while others are still getting off the ground.
Looming threat of the 10ktpa CR plus it's nearing $600M MC.
Needs the 10ktpa production to push higher but need cash to fund it. So either:
- offtakes covering capex
- giving away part of the project
Ahhh okay makes sense.
It was 9c middle last year, it’s doing ok 🐢
Prob about where you’d expect for a 2Ktpa ‘kids meal’ sized outfit
**The ol’ DICK TWIST.**
Dead @ VML being the only green on my list 🤰🏾
how is that even possible have you owned it for 20 years?
haha, green on my watch list of owned and non-owned stocks. it ain't green in my pf 🤰🏾
I'm an outrageously bitter cunt today
>[outrageously bitter cunt](https://www.youtube.com/watch?v=iPOmFUid3vA)
I think there's an actual chance they'll get voted down Stinky
The broker options barely made it through the last time around, and I don't think that we *really* need to include the options this time for it to have been a good (and fair) deal.
In the past, the placements have been *generous* but not *ridiculous* so even if I disagreed with them I haven't cared enough to vote.
I only have a few hundred k shares but will probably vote against the options this time around if there's no penalty aside from angering instos.
Can you fill out my form for me? Maybe put Chzakalwe on a desk and throw some lippy on it to help others for the day.
I'm not pinning any savings on that.
But if they think that demolishing the Fukn SP is going to make us kiss their Fukn feet and be grateful for them to fuck my non existent wife... Like Fukn hell.
And then make hollow threats (don't come asking for more money if you hit a duster?)
Bro if we hit a duster we all cleaning toilets till we 85. Fuck we doing that anyway. Why you think we gambling on a rigged system? It's our only Fukn hope.
And if we hit the payload... Theyll be gagging on my micro penis to get back in...
I got suckered into HC crap and I'm disappointed in myself and what I have become. My parents were right Afterall lol.
It's funny, this is the ONE FUCKING TIME we need a communist revolutionary and he's nowhere to be seen.
When the action starts, he hides in his ivory tower behind his books on Marx.
GET THE FUCK OUT HERE AND GET YOUR HANDS BLOODY YOU COWARD
Did someone call for a revolution?
Yes. Now turn around.
Neither of us have any savings atm to pin anything on, so don't worry about that.
The last vote was close and very few holders voted, you and I included. I reckon we'll put up a good fight which is all we can do.
And they won't be taking your micropenis either, that's mine and mine alone
>And they won't be taking your micropenis either, that's mine and mine alone
I'm just grateful anyone wants my micro penis
Sorry friend, both of ours
Some good news from TMS if anyones chasing copper speccys.
PDN trying so hard to be green today, it reminds me of nuclear power.
what's going on with IXR? I see the occasional 'IXR to 2.5c' but has there been any changes in the fundamentals? was under the impression we were expecting some positive news between now and EOY
Same person posting that...stay the course as I will.
Markets shit, Ndpr prices are shittier... no swimming against that tide on no news atm.
Why so conservative? IXR 1c ⛔⛔⛔⛔
china extends lock down for zero covid policy.
A few buyers coming back now, lets see how much it pumps.
Talking about Zip?
My mum 2 weeks ago asked how my investing was going, at the time my entire portfolio was up about 1%, so I said “pretty good considering the market at the moment”. Since that day my pf as well as the asx as a whole has been red pretty much every day. I’m now down 5% and I am blaming my mum for trying to be interested
My mum invested in BHP CBA and Woodside in the late 90’s. As a result get pretty spoilt, got a window in my cardboard box.
fkn la dee daa. this guy gots windows in the walls.
its probably a four sided box too, ya lukkie caarn
1% green. Sounds like an ETF portfolio.
My ETFs are down 6-10% this year 😥
I'm blaming your mum too. It's not my shitty investing decisions at all.
My thoughts exactly 😂
Lithium gang can't relate. My mother makes me the best sangers and calls me a good boy for loading up on PLS
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They maybe think it’ll climb higher?
What is everyone buying today? Or everyone running for the hills?
ANL. It's an buy for every day. why people are posessed with boomer stock in a casino is beyond me.
low bid on rnu, and averaging down what I got. the joy of buying microcraps/microcaps the wait to buy/sell as there's almost always a queue.
I'll be buying my full allocation of four (4) mid-strength beers when I arrive back at camp after work today.
FMG. Seems to be bottoming out
Dr Pepper and a sausage roll. No sauce.
trying to get into funeral homes but no one is selling.