Tag: monthly trades

July 10, 2023

Quiet Contrarian. Ep44: Trades for June 2023

Sells Airtasker Ltd – ART.ASX – This was a tough one. I still believe in their offering, and they were forecasting 58% revenue growth next year. But the market didn’t like it, with them having bled out 50% or so in the last year. Unsure of how dilution and revenue growth combined to give a reasonable valuation. Decided that maybe getting...

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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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