Club Mulgoa

Sunday, December 19, 2010

ASX Guru's most recent posting

Time for another bragging right. The last 3 stocks to report a spike on ASX Guru... are part of my portfolio.

AKM was a slow mover and then it started rolling upwards. This was recommended by Robin Bromby when he talked about Mongolian stocks.

AFR was moving up like a sloth and then came a tipster and another good announcement. I picked up this stock after a Proactive Forum. The coal is shallow and thick but the problem is transport. Looks like the government is going to do something about it.

SER went up a little and then down. But when the North American moved in for a JV, the share price took a leap. And continued to stay up. This was my biggest investment out of the three. As usual, with a lot of investments in small companies, you have to wait for someone who is big pumping money into them before the market realise that value had been missed. At least in the resource sector, I have some idea about valuation. I have stopped investing in biotechs which are undervalued because you may have to wait a long, long time before a major pharmaceutical company takes it over.

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