Search results

I've topped up on more SHL & BHP this week.

I've got fairly substantial positions in CSL & SHL. Had to laugh at SHL's ann. this week - serves the NZ Govt. right. :rolleyes:

I've got the opposite so far today, go the defensives. But hey, that can all change in 5 mins, gotta love the ASX. :D

Depends what debt you have against the shares. ;)

Market (I'm not a fan of the 'Mr' term) has been nice to my bluechips over that last few weeks as well. Beautiful thing to watch. :)

I think Foxtel is part of the problem as that can work as a wholesale carrier line to a degree same as it does in other countries (eg. BSkyB), hence why the govt. want it sold. I forget exactly but from memory it was explained a while back on BS by SB. I'm a bit confused as I thought the whole...

I think breaking it up would make the retail side of Telstra much more attractive. The growth in those businesses is good (ie. 10%+ in areas), but the legacy infrastructure which is in slow decline always drags back the overall growth. A stock that was just the retail side would be good (though...

Yeah me too, I ended up selling out at $3.28 from memory. The dividend is damn tempting, but all the uncertainty and slow growth prospects is too much for me to leave it in my portfolio longer term. No doubt money to be made in it longer term, but opportunity cost is too high now (for me anyway).

Do they get you another way with the CCA though? My ML account with ComSec only charges $19.95 under $10k too, but every transaction you make in the account (ie. every buy and sell) has a $10 account transaction fee. So still $29.95 for trades less than $10k. :D

Thanks for the link, might have to give it a read. Do my own FA. There's a lot of stocks I have on my radar I like ie. 20+, but for one reason or another I'm not overly keen on buying them at the moment eg. too pricey, current business risk, only domestic, next couple years look shaky etc...

I'm not overly rigid, but I tend to want most 80%+ of my portfolio in ASX100 stocks. But other criteria I set includes; global business/potential, dividend paying, stability of earnings, good business growth (ie. 10%pa+).

Is anyone else having trouble finding bluechips they like the look of at the moment or it is just me?

Am I imagining it Boods, or didn't you say earlier in the thread you wanted to start off trades with smaller $ amounts of $1k? :eek::D You can place your cancel/ammend/new order into Comsec at any time you want and it will sit in the system unactioned until pre-market open on the next trading...

Fair enough Boods, good experience as well. Agree with both of you, DOW effects us a lot in general.

Out of interest Boods, did you put a stop loss on it?

Orders > Conditional Trading > New Trigger Though you have to sign up for conditional trading first, which used to just be a 10 question quiz before they allowed you access to ensure you understand the process.

Could be Boods, I'm not a trader but a long term investor - I just like to do trades like this every now and again when I see an obvious opportunity (IMO). As I said if I'm wrong I'm happy to hold on to them longer term. I just see a bluechip on a yield of 8ish, PE of 10ish and can't resist -...

Hold a fair few already for the long term, didn't pick up any extra to trade - just noticed their chart looked similar to MCC. Picked up some TLS this morning for trading, but bit different to your technique. Looking for a short term trade of 20c over a few weeks, but it's also a high...

So Evan, if I understand the theory of your momentum buying - you'd like the look of a stock like SHL at the moment? Chart looks to be in a similar upswing to the stocks you've been trading.

If you're a trader it would mean you have a chunk of your capital locked up sitting there. It may be safe, but you can't use the capital for trading profit elsewhere. I did a few trades like that in bluechips, but that's only because I wasn't doing it for income, so if I was left holding the...