View Full Version : Growth stocks on ASX
Oliver Mander
07-11-2017, 11:10 AM
Advice always helpful...I've been quietly changing my positioning a bit recently, selling out of long-standing holdings on the NZX (such as ATM and FPH). The question I have is - what does this forum think are the top 3 growth stocks on the ASX right now? I've got a few ideas, but would be curious to see if any of those crop up in any replies to this post...:-)!
showstring
07-11-2017, 11:16 AM
Looking for some HotTipz for some quick $$$?
may I suggest you join the Lithium / Cobalt hype train, and ensure you got stop-loss orders in place
good luck
JBmurc
07-11-2017, 11:26 AM
TAW -lithium in production early next year ...should see some huge growth
RLE - QLD gas play -more drilling early next year. Higher risk but 1000% growth potential
Oliver Mander
07-11-2017, 11:38 AM
Looking for some HotTipz for some quick $$$?
may I suggest you join the Lithium / Cobalt hype train, and ensure you got stop-loss orders in place
good luck
yes, have been looking at ORE - but does seem to be a wild ride at the moment...plus a high P/E (at first glance).
Oliver Mander
07-11-2017, 11:39 AM
TAW -lithium in production early next year ...should see some huge growth
RLE - QLD gas play -more drilling early next year. Higher risk but 1000% growth potential
Thanks JB - TAW does indeed look interesting..
JBmurc
07-11-2017, 11:52 AM
Thanks JB - TAW does indeed look interesting..
Yes keep RLE,IRC on the watchlist think they will also do very well over 2018
SGC could be interesting.
I bought shares in TAWs many many years ago when they were huntiing for diamonds. I sort of forgot about them in my back drawer and now they are worthless as the couple of thousand shares I had are now only 20 shares or something ridiculous. I dont think I'd like to be burned by this share again.
Genex Power GNX. Not necessarily a growth stock but they are building a Billion Dollar Renewable Energy Hub with the full backing of state and (most likely) federal government.
JBmurc
08-11-2017, 11:48 PM
IRC up 12.5% today TAW continues to surge 20% up from only days ago to new highs... should follow peers to much higher levels
near doubled my RLE holding today ....loving these sale prices... building position for 2018 drilling results ...pre spud should well see new highs 12c+
t.rexjr
09-11-2017, 10:26 AM
In the long term FXL just has to turn around. Price seems to have had a wee bounce in the last few days. I've always rated this but has been hammered. Currently don't hold.
AJM (or it's peers TAM/PLS. no brainers in my view)
BRL (still upside in the rerate, good value for a longer view)
Specs to keep an close eye on
XST/SGC
ARV/KAI (or any of the other congo plays)
RLE
PRL
MTC
JBmurc
09-11-2017, 01:31 PM
Report on RLE
https://www.breakawayresearch.com/CampaignProcess.aspx?A=View&Data=rFPW5aOK4hAnyfhWvTF3eg%3d%3d
Real Energy has a very large gas accumulation in the Cooper Basin, where appraisal in 2018 aims to establish commercial reserves. There are MoU’s with Santos to process gas, and with Weston Energy to buy up to 18 PJ over 5 years. None of this is receiving attention in the equity market and RLE is a very cheap option on the upside from reserve bookings and future development. Drilling and testing in 2018 could drive a multi‐fold re‐rating.
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