By - AutoModerator
Green day for me in the last minute with a whopping +0.1%
Singular KFC chip for all 🍟
Please let there be an announcement of awesome and 🚀 for AQC…
Glad I never invested in Optus ….despite getting the dreaded email and attempting to contact them and receiving generic responses their messaging system is now fubared…. Time for a telecommunications swap and bag some savings to spend on the asx
Unfortunately something isn't working for me, but I'll connect you to an expert now who can help.
CXO trading halt
huh … Longhorn mentioned ganfeng:
Interesting to see how that pans out…
>*"Pacman is coming to Google these shares up soon."* \- some cunt on HC
Be careful out there folks, Pacman is coming for your panic selling
Chomp chomp chomp
Waka Waka Waka
VR8 pumping 23% yesterday right before today's DFS trading halt. Probably just coincidence 👀 👀
Bout time this puppy fetched the bone. It’s been fed adequately from my pov
Does anyone know any more about this **MIN lithium spin off**? u/Jswyft or u/WowVeryJosh looking in your general direction?
They obviously see financial benefit from restructuring it as a spin off and getting autists to buy drooling hard spodumene from their mouths.
Having been burnt by the FFX/LLL demerger - I'm trying to look at a better strategy here. Admittedly, MIN is not fucking FFX - but not holding MIN, I want to try to play this one a little better.
Despite their denials, it still looks like a logical step for MIN, but they'll need to lean on the lithium assets during the current IO climate.
I think whether you're optimistic on MIN or not depends on whether you think the lithium shortage will endure this decade. As you know I'm preparing for sodium to spoil the party by 2026, which is when MIN really take off. So for that reason, I'm not interested unless the SP returns to that $50ish level or they move to ramp up spodumene.
Also cautious on IO in H1 2023 given macro conditions.
Agree.. especially now, I think there is some value left in the bigger producers whilst they run, and prices stay high. I've got exits planned in the next 18 months for those producers I already owned. Might just stick with them.
I appreciate the response and your thinking mate. Thank you.
Last I heard, speculation that MIN squashed:
Got something more recent that is proof otherwise?
No, nothing more recent - hence why I was curious with what was going on.
Thanks for linking that release!
Also MIN starting to approach my buy target, so a little box changed colour on my spreadsheet and brought my attention to it.
I know nothing more.
Whose dick does AGL gotta suck to get $20B to fund their renewables?
As long as that $20B turns the SP back to $20 - I'll wait at the back of the new Wendys
Brookfield - but they're already sucking their dick, in fact it's brookfield that's pushed all of this cannon-brooks led stuff. So it's like a mutual dick suck.
Brookfield want and NEED to deploy billions in the renewables space over the next 10-15 years. They're looking for vehicles everyone to be able to deploy this capital. AGL offer one safe way to do it if they can shift gears to renewables etc.
They're also behind the mammoth solar in south west Sydney.
I like content presented in this way:
**Hindsight #36 - A Core Lesson in Drill Results (10min watch)**
How this guy misread drilling results.. and also includes some info on results in general. When he bought (he thought this would multi bag), when he should've sold.
Nicely presented, humble. He's only got 360 views, thought he deserves more:
I swear he used to post here, did he get banned?
Qld government should put a larger bid in for GNX
I thought you were?
[New shot](https://media.istockphoto.com/photos/balloon-blown-away-picture-id145912518?k=6&m=145912518&s=612x612&w=0&h=ZhVxNWjP2DzNaVkHTnif_1x6TwyjIjlxoc_lK5sIQL0=) from the RLT plant overnight
I could not have timed my exit better.. got out around the $4 mark
Hahaa are you still holding? ‘No substantive production activities’ fuckkkyooouu
Haha yeah, traded it a lot but I'm stil in. I'll add at some point, she'll be right
Oh nice one, hope you went well with the trades! The delays have been so costly. Just gotta be patient I guess
Somebody posted this article yesterday, but it's worth a repost:
From old mate Claude from The Call.
Again - it's his opinion, so use it as discretion only - but I thought some useful points in there, particularly his framing in bold, to remind ourselves.
10 Signs that will make me want to buy a stocks (AKA STONKS FOR US)
>During a bear market, **wealth is transferred from the financially weak, who don’t have any cash and may be forced sellers, to the financially strong. Small cap stocks are high volatility, so they tend to exhibit the biggest swings in price. Since you are unlikely to pick the exact bottom, that means that at some point or another, it is very likely small cap investors will be underwater on their investments. It is important to mentally prepare for that reality.**
And the reality is, when it is time to buy, it will be scary to do so. Existing holdings will mostly be down, and uncertainty and pessimism will ride high. Therefore, I’m going to force myself to buy something when I see the following sings:
1. Inflation rates fall below 6%, (or otherwise significantly declines from its peak).
Forbes reports that the Reserve Bank forecasts inflation “to peak at 7.75% in the December quarter of 2022.” Keep in mind inflation could fall… then go back up!
2. Developed nation central banks like the Federal Reserve or the RBA actually cut interest rates, rather than hiking them.
3. Discretionary spending companies like ARB Corporation see very significant declines in earnings.
4. The Buffett Market Valuation Indicator, as [defined by this website](https://www.currentmarketvaluation.com/models/buffett-indicator.php), hits the long term trend line. There are multiple ways to define this and use this indicator, but I think the website linked above is useful because it is well explained.
5. Newspapers start blaming a “property price crash” on politicians, and calling for action.
6. Everybody accepts we are in a recession and the government agrees to “do something about it”
7. Rising levels of unemployment becomes a political issue.
8. Loss making micro and small companies with no discernible business moat such as BeforePay (ASX: B4P), Dubber (ASX: DUB), Emerge Gaming (ASX: EM1), Zoono (ASX: ZNO), Marley Spoon (ASX: MMM), Sezzle (ASX: SZL), Respiri (ASX: RSH) and Douugh (ASX: DOU) cease trading, go bankrupt or are taken over.
9. People no longer talk about altcoins or NFTs as investment.
10. Second hand assets like cars, jetskis and campervan trailers drop significantly in price (though admittedly we’re already seeing this to a degree). I’ll be looking for evidence of distressed sellers.
11. Multiple high quality stocks start hitting my pre-calculated desired buy price range.
BIGGER RISK BIGGER REWARDS
Thanks! Makes me want to learn python so I can make a bot which I'd call "Buy Bot" that says mostly "not yet" then flips to "now" when these conditions are met.
That's what this place is for. "Not yet" when everyone is buying, then "Now" when 50% of the posts about said stock are covered in blood.
I've used this indicator more than once...
Hey, I really appreciate this detailed info dump! I even took a screenshot, irl this is one of my highest digital accolades! Seriously, thx for posting this succinct list. 👑
Remember, this is just his opinion. I think the bit in bold is the most important part.
I think this list needs to be combined with this one (as a refresher of the same 5-10 "laws" you will read anywhere.. but we all should follow) [https://www.tradingview.com/chart/SPY/hxuAwR1Z-The-7-Laws-of-Stock-Market-Success/](https://www.tradingview.com/chart/SPY/hxuAwR1Z-The-7-Laws-of-Stock-Market-Success/)
The part where I'm screwing up recently is misjudging management.
>*Be Selective When Choosing InvestmentsIf you are a buy-and-hold investor who is investing with a long-term focus, you need to be selective about the companies in which you invest your capital.* ***If you choose a company that has a great long-term outlook but also has a poor management team, you are unlikely to earn a profit from your investment. Take a company that is doing well, but has a management team that will likely face challenges in the future***\*. You can expect that the stock price of the company will fall as the market reacts to bad news from the company. Over time, however, the stock will likely recover as the management team overcomes the problem and regains investor confidence.\*
I say this as someone who has worked within senior management, and I still somehow believed the morons at FFX knew what they were doing.
FUKKIN lel. Was seriously going to mention FFX in my reply. What a 🐩
Good AFR article on scam-dream VUL:
> Last year, Wedin’s short-term hurdles included making sure he was running a certifiably net-zero emission operation. He achieved 50 per cent of this measure for Vulcan’s Australian operations (where the German-focused company has basically no business).
He got stock based payment for running a net-zero office? Am I reading that correctly? You can probably do this with a $500-1000 donation to a carbon offsetting company that plants trees. What a farce.
Thanks for attaching the ladder already - nice and very thoughtful 👍
Not really much of a surprise in there. DLE and geothermal is an easy target to kick - until the day its commercially unlocked.
How much is enough to pay any of these guys in any of the hundreds of shitcos spruiked in here ? When we're paying $120k for traffic controllers to hold a lollypop sign on a road near a construction site, what price a CEO trying to turn a company in to a money printer like PLS....i don't know...
Mr Stark, I don't feel so good
Would spending my fifty grand play money on BHP today before it goes exd to pick up a lazy three and a half to blow over the long weekend hoping it recovers in the next week or two be autist?
\* got a cgt rinse sitting around in case I unload.
Ignoring the fact the ex-div happened literally weeks ago, yes that is stupid as fuck. You are basically saying 'I have $3,500 which I can I spend on blow, but how sick would it be if I could also make that $3,500 taxable income too'
Thanks for the advice but I am a 60yo boomer living on franked divs and yes I am a bit stoopid \*see buying sya @ 0.31...
\>Not already having life savings in BHP and investment properties
But short answer, there is ***nothing*** special about dividend income, in fact it is active hindrance in most cases compared to capital gains.
Meh - beats working.
Don't get me wrong, buying a company that pays out dividends is legit strategy, but buying a share with the sole intention of receiving a dividend to then sell makes no sense. Dividends aren't free money, when paid the share price drops an equilvant amount (in a logical market).
All cool I just thought at that price - 38 - if it was ex div - be a safe long term hold and if it bounced back in few weeks yeah dump it and play with lithium. Like I said I bought sya and sat here with my finger on fifty grand watching PLS - I'm staying at the casino in few weeks so maybe I should just take it there :-)
Ex dividend was 1st Sept, so about as stupid as you originally thought plus a bit more
Omg u kicked him while he was down. I smell 🩸🩸🩸🦈
Damn - that's what retirement does to you - I'll grab my coat and go back to ausfinance.
Buy 8balls instead better ROI
Just following the trend it continues to deliver 😂
Today will be a day where the stock market opens, buying/selling will occur and then the market will close. Some will end up some will end down. Quite a unique outcome
Opens the mouth hole of truth
all hail our new soothsayer
Hey mate, good insight, got any info on the ones that will "end up" ?
Yes regarding shares that will end up they will increase by a percentage value greater than 0.0%. happy buying!
Well well well, quite a revelation. Have had a couple of those on my watchlist for a little while, think I might take the plunge into one of them now. Thanks!
Recession in coming. Everyone buying USD as per a pretty graph I saw on the ABC. I already own some BBUS as a ballast. Is adding a US dollar etf the worlds stupidest idea or not.
all media is crying recession. where have they been?
the bottom is nigh
Outrage level on HC today: extreme
Could be the new "Fear Index"
Any juicy links?
As boomer as this is; now is a really good time to be making extra super contributions
particularly if you’re making dough this year, you can use up yr previous 5 years super cap too…
hope you die before you can access it
I am already dead
Omg is this ur ghost? Wtf call the x files lads
Care to elaborate? Fees and contributions aren’t cheaper, super funds are just as exposed to a financial downturn/recession. Is it just a ‘put it away for a rainy day’ advice. I would have thought holding cash then buying the dip would be better?
Depending on your allocations but it’s all DCA
u no it's bad when this dude writes 1 word sentences on a publik forum
why is NOW better than before, or later?
Dumbs, Cunts, Autists
Are u 19 yrs old by any chance?
You can put your own dick in your mouth? Wow that's impressive!
Yep, but I can’t be as eloquent as you are whilst doing so.
That's a nice word. You also added whilst in there. 11/10
Thanks, stranger. I’m going to continue sucking my own dick. Are you going to hang out around here with your carefully crafted responses much longer or can I just focus on the task? If you keep distracting me I’m going to have to ask you to take over whilst I think what to reply next, I’m not as smart as you are!
It's not all bad news. Someone is getting fucked today and they will like it 👍
That’s the aim 👍👍
Whatever happened to those ✨six magical African mines✨???
I preferred that saga, this one sucks.
A little stocks pump. A lot of stocks die. Fair trade.
Can we bring back cancel culture?!
US lithium stocks down 3% - 7% , expect ASX miners to follow. Fingers crossed 🤞.
Still there will be claims of CXO price being pushed down by shorts 🤡
Left, right goodnight. Both to you mad cunts and also the index
US markets shitting the bed, where the fuck is the plunge protection team when you need it.
Can some one please start buying the dip. Baboon arse red Friday incoming.
But somehow asx200 futures green.
Ah, it's the Tech sector leading falls in US, luckily we don't have one of them... (of significance)
You not able to sleep either? I microslept at 10pm and some cunt outside woke me, now I’m pinging 🤣
Go to bed cunts
And soon so will your other dogs
Yes brother, I am wired. Not sure why but almost a little aroused at all this market turmoil. Maybe I am turning into a Bear😂.
come dance with us 🕺🕺🕺🕺🕺🕺
May as well get out of bed now and go to work lol. Fml
LOL, there is always that option.
I am very interested at how fuk the world actually is right now. Also very interested at the game the UK is playing.
The Fed and central bank have lost credibility, politicians are trying to back them into turning on the money printers.
It feels like something big is coming.
The great depression of 23?
There is still a few weeks of 22 left😂
The Greater Recession 22', followed by the Greatest Great Recession 23'
It has a nice ring to it, but if it spanned 22 and 23 wouldn't it technically be a depression 😂
And the cycle repeats.
dance with me bears 🕺🕺🕺🕺🕺🕺
some shares have done it - hit their year lows eg: BLK,
apple + tesla haven’t - still a ways to go….
strap on in…
Can Nasdaq drill another 1000 points pls
My lord NASDAQ is down -3.4% and dropping. Time to lube up.
Hoping to wake up to some pedestrian -0.3% :-)
Nope, things just got a lot worse
Yeah back to lubing up.
Lol @ VIX +11%. I’m in danger
Rubbing my balls before bed: IVZ announcement monday
DOW just a casual 2% down with futures even higher. Yeet
Everyone who went to bed bullish has to wake up in the next 8 hours.
Stay in bed by the looks of it
I can't wait to rub their noses in it tomorrow.
just don't fucking dance.
Jokes on them…I can’t sleep at all now!
Whiskey and lots of it my friend 😂
Whisky won't cut it need me some proporfol.
Yep we definitely fuk. I actually don’t care anymore lol. I’m completely immune to money, don’t care if what I invest goes up nor down. It’s a strange way to feel but actually makes me a better investor cause I have no emotion either way 🤣
I never really liked money in the first place. Do your worst markets.
I too am dead inside. 🤣
You mean tomorrow? Or just in life
I mean tomorrow lol
Edit: and probably the next 12-24 months
China announced 28b package for companies to rebuild equipment. Don't underestimate China and their desperation to keep up growth.
India and China buying Russian oil/gas at a 30% discount and selling it to the wider market once it's all mixed, you can't tell where it's from. They are making boatloads of money there, covering up losses elsewhere (property and lockdowns).
US jobless claim figure lower. Fed commented “we are not at point where we should think about stopping on rate hikes.”
Conservative estimate SPX 2900~ EOY
SPX 2900 is a bit alarmist.
It’s end of year estimate. Merely a projection of current circumstances. You know everything could go off track . War escalation, fed statement, CPI figures…
So, kind of the same position we've been in for most of the year, then.
I didn't think the last rally was quite right or healthy, but something is more likely to give before we hit 2900 (lower than pre-pandemic) than otherwise.
The market doesn't move in a linear fashion and projections of current circumstances are even more meaningless when things remain in such a beautiful state of chaotic flux.
I was just in another thread commenting on "futes", not realising US had opened. What did I miss today? US less pumped about BoE?
Did JPOW utter words again, about inflation not being transitory?
Well, vix is pumping at least.
Fuck did anyone manage to get one of the sky scanner glitch tickets??? Tickets were pulled just as I was entering my details 😂
Recently moved to the UK and about 6 of my mates scored \~$200 tickets to Berlin. Sounds like we are having a pretty outrageous catch up next year.
Epic! Hahaha that’s so good I hope the flights are honoured. My housemate snagged a Berlin flight as well
God bless the poor intern now on the streets looking for a job that is responsible for this.
Hahaha hopefully the lad booked an entire aisle before he had to pack up his desk
The Black Thursday Sep 2022
Funny was listening to the live WallstBets chat and they were talking about coal
BREAKING NEWS ~ *BoE to start QE again, this time injecting £100bn into the Aussie speccy market*
u/ocean_sky_wind it is 10 months on from your OG advice and I have completed my linen purchases. Now I have to ask... is there anything special I need to do to keep my country road towels nice and fluffy? I think everything else is largely under control.
Hope your PF has grown as impressively as my linen PF!!
It makes me sad that i actually remember two cunts on the internet talk about linen 10 months ago. I need to get outside i think.
Was there any good advice on Tampons too?
I remember it too, pretty sure I took a screenshot of the advice for some future shopping, ha. Love the diversity of DD in this joint.
It's a regular Pintrest on here.
You are not the only one…..
That was the best DD I have received on this sub, and I have received some excellent DD here.
I was thinking high time to turn it into a post.
it’s also that time of year for stendig/advent calendar orders if you’re into such things.
Anyone have any advice on easy ways of checking sector performance? Basically want a sector by sector list of tickers with links to DD to begin researching good buys in case things go tits up
Have you read the Danglen Deis blog?
Is that like a deis nuts joke?
US futures red but asx futures green 🧐
What is happening!?
God help us the day we can no longer dig shit up from the ground because we’ve depleted everything. Said it before - the Fed Government better invest all our mining and energy profits into an industry that gives us a global “[comparative advantage](https://www.investopedia.com/terms/c/comparativeadvantage.asp)” (the economics principle)
We’ve only scratched the surface of what’s under our vast brown soil - This ride is just started jump on
Right on. Be like Norway 🇳🇴❤️
But that would be considered and forward thinking.
Asx after hour status is not accurate. Wait until tomorrow morning
Might get levered up and see how ARO treats me
Your boi Steve making a splash https://www.youtube.com/watch?v=GysP8GiHRsY
Fuck LKE and fuck Stu Crow. Long live Promnitz. 🤘🏼
1 day in, 1 webinar down 😂
Metals popping on plans to *launch a discussion paper* about banning Russian metal at the LME
Isn’t Moscow planning their own metals exchange? I mean, you know, most other plans seem to be going..well though?
Haha yeah, well I guess if the UK can sustain one basically anybody could at this rate.
The asx_bets metals exchange, warehouses on warehouses of pyrite, pyrrhotite, lepidolite and halloysite
u/WowVeryJosh phase 2 of the "get rich while drinking dares" plan.
UK printer go bbrrrr
How long do you think the US and Aus lasts until they cave to the housing property whingers?
The Bank of England did not reduce interest rates, they said they would buy government bonds to fund the UK government which had reduced its income from taxes.
It has nothing to do with the supply of private sector credit.