Hows the shares going?

Over the last 12 months, "Your" stocks and our portfolio had a hammering in the biggest global meltdown in 75 years.
The whole portfolio fell as much as 89% !!!OUCH!! Gosh-Darn- Blankety-Heck!
It has recovered to only about a overall loss of 38%. BUT there have been some big gains which offset some big losses, and total wipeouts like ABC Learning.(they went bankrupt) Tax wise,these are called unrealised profits/losses and can be claimed and can reduce tax paid in your job (when you get one) so learn about tax.

Lesson 1. learn to read, write and add up. then learn about tax law.
lesson 2. Learn about managment and managing teams and people. learn to give a win-win result. Learn to be a good coach. Then when you have a business you will be able to get the best out of your team.

The Australian market is rising and it seems that the recovery is on its way, however the American unemployment figures (or Australias) may not be as good as they seem. Therefore the result may not be as rosy as suggested.
They may be counting part timers and casuals as "real jobs".
There may be more pain to come. BUT if you/we buy wisely now, you should make money in the longer term.
Another thing to consider is inflation. as soon as the real estate starts rising, inflation will push up prices and interest rates.. what is cheap today may be expensive tomorrow, especially money owed and interest payments.

I bought ABY for 12 cents in April and now they are about 79 cents. Their price 12 months ago was 2.30.
I also purchased MCW for 17 cents and they are now around 56 cents. NWT is rising and at 7 cents should give a good profit in the next 12 months. There are heaps of others. it's just a matter of being able to buy and hold, without using a margin loan.
But it might be a rough and scary ride , so don't invest all your eggs in one basket and only buy minimal amounts.And Dont forget htere are plenty of Crooks in the share market. Takeovers, consolidations, and even compulsory buying back of your shares.

and Remember..I could be wrong. so do your own homework. make your own decisions. as the great guru, WarrenBuffet says, "eat your own cooking"

The best way to learn about the sharemarket is to pretend to have a portfolio. you can make a watch list in yahoo or on the www.asx.com.au and watch your shares rise /fall . there are even educational sections to teach you. I wish I'd learnt all this when I was young, but I had no idea the sharemarket even existed. That's why I write this blog.

Mega





Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

Good news, bad news, good news.

Hi kids,

Well the bad news first.
GDA Gondwanna had a consolidation a few months ago - where they reduced everyones' shares by 1:10. That means the 1000 I gave you is now only 100. But in theory they should have been now 30 cents each instead of 3 cents. (ie price when it happened.)
But they fell instead, and even now are not worth 10 times what I paid, (which was 5cents ea. = $50.00)
so WHY do they do a consolidation? probably they think they will look better if their shares are "worth" more than 3 cents. Maybe it reduces the shares issued and they can issue more later. I'm not sure. You investigate and tell me. But I prefer to have 35,000 instead of the now 3500, because I can sell some (if they double by 100% to 6 cents and still keep some.) The chances of a doubling from 30 cents to 60 cents in one go is lower.

Good news 1. This week, GDA sent notice of giving some free shares and some options. 1:8 shares plus 3 options for every 5 shares held. so you do your maths. how many of these free ones will be yours? based on your now share portfolio number of 100.

Good news 2. I feel bad, so I am giving you all another 900 shares in any of the companies below. HAW, AOS, EGO, EXM, GPN, LKO, MBP, MHL, MPJ, NWT, QUR, SML, RBY.
I hope and expect you will investigate them on the www.asx.com.au website.
LOOK AND SEE WHAT THEY DO, and decide which one you think has the best prospects for the shares TO RISE AND MAKE A PROFIT.

I want you to realise that while you can read, you can learn, and earn.

Then you must email me and say what company and its code, you want. I'll be interested to see what companies you think are the best ones in this group of 13. I am hoping you will be able to answer a few questions, based on the Learners and P platers pages linked below, because this is how you learn. You could even just Google them (by their full names) or go to Yahoo.com.au and checkout their codes in finance and investing.

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Hurry, don't miss out.
bye for now,
Nanny (your Granny)