Just to keep this alive...
I believe that FPH could be a good one for slow traders, I'm sure it'll get up to $10, which will be 3% gain after fees.
Is this the best investment right now? Probably not. Is it an easy 3% within the next quarter? Yup.
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Just to keep this alive...
I believe that FPH could be a good one for slow traders, I'm sure it'll get up to $10, which will be 3% gain after fees.
Is this the best investment right now? Probably not. Is it an easy 3% within the next quarter? Yup.
Where to invest? Last Sept I decided I’d see how good analysts’ are, so I went to 4 Traders & using their market screener
I selected the top 8 shares on the NZX exchange.
I then bought $5,000 of each share.
The results up till today, after 192 days with dividends & tax credits are as follows:
MFT +6.16% SLI +27.78% AIR +25.57% HLG +1.98%
NPX +38.48% NZR -4.63% EBO +51.68% FPH +28.24%
My return on $40,000 so far is $8,762.82 = 21.91% (Annualised 41.73%)
Also looked at Aussie shares – didn’t invest there, but if I had have Aussie would have returned $153.00 = 0.38% over 192 days.
I then kept a spreadsheet from the 1/1/16 to see how things would work out on the NZX (didn’t have the cash to invest on this one.)
At the end of each month I re-balanced to keep the top 8.
Results for the 89 days of this year including divs & credits is $3280.89 = 8.20% (Annualised 33.41%)
Not bad returns. It has been a good bull market, I guess if it was a bear then losses could also be large, would be interesting to test it.
Nice! It makes me happy to see you doing well.
Do you think FRE is a wise hold still? I imagine the fuel gains are well and truely priced in by now and there are risks of a slowing economy.
Side note: SKC might be a good short term buy if it's not too late to get in on the offer.
I'm also liking RBD as a pick.
Sharetrade.co.nz, your number one source for puns and share tips lol
Well nearly 9 months on and a day when markets are nervous,we remain "well positioned".!
AWK.brought $3.30 today $4.78 plus 44.8%
EBO.brought $11.78 today $16.35 plus 38.8%
FRE.brought $5.55 SOLD $6.59 plus 18.7%
HBL.brought $1.13.today $1.30 plus 15%
MEL.brought $2.23 today $2.585 plus 15.9%
RYM,brought $7.38.today $9.28 plus 25.7%
SCL,brought $1.98.today $3.14.plus 58.5%
SEK,brought $3.35.today $4.42 plus 31.9%
SKL.brought $1.34 SOLD $1.35 no profit
TIL brought $1.52.today $4.10.plus 169.7%
Since added;
RBD brought $4.69.today $5.39 plus 14.9%
TGH,brought $1.64 ,today $1.67 plus 1.8%
We have also received juicy dividends.
We will leave the portfolio as it is.No changes.