Tag: monthly trades

June 1, 2023

Quiet Contrarian. Ep43: Trades for May 2023

Sells Aeris Resources Ltd – AIS.ASX – Chose to clear out my holding for a trifecta of reasons: 1. They revised down their guidance for the year, dropping production estimates by 12-20% due to technical issues in one of their mines. 2. Copper price has been weakening since the beginning of the year. 3. Trying to improve my portfolio management and...

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May 3, 2023

Quiet Contrarian. Ep42: Trades for April 2023

Sells Kalium Lakes Ltd – KLL.ASX – They have repeatedly failed to meet targets since the last update. Their update this month had them producing 1.7kt of SOP, which is a loooooong way from their 60ktpa target. They pushed the target back a month. I don’t believe they can achieve this, even if they have set a new “inched out” target....

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April 11, 2023

Quiet Contrarian. Ep41: Trades for March 2023

Buys Aeris Resources Ltd – AIS.ASX – A mining and exploration company involved in the production and sale of primarily copper, with a little bit of gold, and silver, as well as the exploration for copper and gold. Current forecasts are for a copper shortage in the coming years, and I wanted to get some Australian exposure to that (the main...

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March 2, 2023

Quiet Contrarian. Ep40: Trades for February 2023

Nothing to see here, move along. Move along.

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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,...

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December 2, 2022

Quiet Contrarian. Ep37: Trades for November 2022

Lots of selling into the Santa rally. I still believe a recession is coming in CY23. Sells Computershare Ltd – CPU.ASX – I bought these guys as a high RoE quality tech stock. Lucked out as they turned into an interest rate beneficiary. Not really a growth company anymore, but trading at multiples >24x. Time to sell. Nick Scali Ltd –...

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November 8, 2022

Quiet Contrarian. Ep36: Trades for October 2022

Buys Bellevue Gold Ltd – BGL.ASX – I do believe gold will come back (which speaks to how much the Mockingbirds have influenced me, because 2 years ago I wouldn’t have touched gold with a ten ft pole), though I haven’t done well with it for a while. Missed the last cycle for poor reasons, and have been stuck with NST...

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October 4, 2022

Quiet Contrarian. Ep35: Trades for September 2022

Busy this month. Buys Genusplus Group Ltd – GNP.ASX – Doubled down on these guys. Service Stream – SSM.ASX – Their EOFY result got hurt by weak profit due to a number of big one offs for the year. They have historically managed their finances well, and have the chance to grow if they can increase the margins in the Lendlease services...

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