APX – Mockingbird Investment

July 10, 2023

Quiet Contrarian. Ep 45: FY23 Reflection

Overall update – Story of the year FY23 was looking like a pretty similar tale of two halves, to FY22. Though this time I timed it a bit better. Taking out profit at market peaks near December, though I’m not sure it was quite as successful as last year, as the second half was still nett positive, definitely won a...

Ideas

February 10, 2023

Quiet Contrarian. Ep39: Trades for January 2023

Continuing to sell as the market rallies. The narrative seems to have become one of bullishness, I am not sure I believe it… Sells Appen Ltd – APX.ASX – Got out on recent price strength, these guys have been bleeding out for a while now. Time to let them go. Nick Scali Ltd – NCK.ASX– Sold down to a 1.5% position,...

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 6, 2021

Quiet Contrarian. Ep 18: FY21 Reflection

Overall update – Story of the year This was a bumper stock market year, with both the US and Australian markets hitting all time highs and posting some record gains (The All Ords was up almost 30% this year!). It’s primarily driven by record low interest rates driving up valuations, and lots of new investors/traders starting their equities journey driving...

Stories

June 2, 2021

Quiet Contrarian. Ep 16: Trades for May 2021

Busy month. Buys Appen Limited – APX.ASX – Appen has been hammered recently, with the recent budget cuts. The price was hit hard when the CEO made some unclear comments about their business at conference. There are still a number of uncertainties about how well the business will perform in the coming years. NRW Holdings – NWH.ASX – Cyclical play. The macro...

Stories

September 1, 2020

Quiet Contrarian. Ep 8: Trades for August 20

The main theme for the month is a few sales ahead of announcements to take profits on things I felt were overbaked. DTL and APX have been stellar performers of late, and were both looking a bit overpriced, so I sold down portions of my holdings. The American economy is looking even more overbaked with TMCGDP going over 180%. My...

Stories

July 16, 2020

Quiet Contrarian. Ep 6: FY20 Reflection

FOMO, Fear and Feline Fatalities… Well. That was an interesting year. The first half was an incredible rally, I took a lot of profit on the way up, and was happy with myself and my choices. Then… it shifted… somewhere around November. I was sitting on 40% cash, I didn’t want to get out anymore… But the market kept rising!...

Stories

Tag: APX

Quiet Contrarian. Ep 45: FY23 Reflection

Quiet Contrarian. Ep39: Trades for January 2023

Quiet Contrarian. Ep 32: FY22 Reflection

Quiet Contrarian. Ep 18: FY21 Reflection

Quiet Contrarian. Ep 16: Trades for May 2021

Quiet Contrarian. Ep 8: Trades for August 20

Quiet Contrarian. Ep 6: FY20 Reflection