Mockingbird Investment – Page 5 – Better returns through sharing ideas

September 1, 2022

Quiet Contrarian. Ep34: Trades for August 2022

Buys Genusplus Group Ltd – GNP.ASX – Build high power transmission lines. I feel like their services will be needed for a few years as we upgrade infrastructure for the great decarbonisation transition. Growing their contracts by pretty significant (though slowing) amounts every year. Still trading at 10x PE. They are almost certainly cyclical. DDH Drill – DDH.ASX – Doubled down on...

Stories

August 4, 2022

Quiet Contrarian. Ep33: Trades for July 2022

Sell Magellan Financial – MFG.ASX – These guys have been one of my all time worst picks. Their biggest position was their global fund, which has been copping the Fund Managers double whammy: Falling investments and withdrawl of funds. Good lesson, in that I hadn’t realised just how much of their assets were tied up in effectively one big basket. Selling...

Stories

July 15, 2022

Quiet Contrarian. Ep 32: FY22 Reflection

Overall update – Story of the year FY22 was definitely a tale of two halves, after having another bumper first half, I ended the year roughly where I started. I noted a number of times through the year that the market was at all time highs, and as it turns out, those were the times I should have taken profit....

Ideas

July 13, 2022

Quiet Contrarian. Ep31: Trades for June 2022

Started to buy, may be a bit early, as I feel the US market has further to fall. But time will tell. Buys DDH Drill – DDH.ASX – Drilling services company, trading at ~4xEPS, with . Recently listed, but long standing private company. Finances are a bit muddy due to the acquisition of Swick. This feels like a similar opportunity to...

Stories

June 10, 2022

Quiet Contrarian. Ep29-30: Trades for April-May 2022

Sometime life just decides to kick you in the nuts. Personal stuff has kept me from updating, but I’m back, and things will be nuts for a while, but I’m hoping to get back on deck and back into investing more earnestly in the next FY. Sells Webjet Ltd – WEB.ASX – Some positivity around reopening has caused this to rise....

Stories

April 12, 2022

Quiet Contrarian. Ep28: Trades for March 2022

Buys Magellan Financial Group – MFG.ASX – Well, this is a nerve-wracking buy. Decided to go all in and double down on the latest dip to get more options. May be a very bad idea, trying to be brave while everyone else is fearful. Though I’m aware that this may just be catching a falling knife. Time will tell. Trust in...

Stories

March 2, 2022

Quiet Contrarian. Ep27: Trades for February 2022

Buys CSL LTD – CSL.ASX – The capital raising didn’t give me many shares. So I topped up. Currently sits at about 2% of my portfolio. Investment thesis is largely: Legendary company that continuously manages to find growth, has been hurt a bit through Covid, this should turnaround with the world reopening.

Stories

February 1, 2022

Quiet Contrarian. Ep 26: Trades for January 2022.

Well that was a brutal start to the new year. The ASX200 is back in negative territory for the financial year, my down about 15% from where it was. Though it is currently bouncing back a bit. Happy with my positioning. Will continue to monitor and take profit or buy in as opportunities arise. Buys Kalium Lakes LTD – KLL.ASX –...

Stories