Henry’s Weekend
Friday’s big drop saw me add back some long exposure with a 3% weighting in GEAR at 2531c. It did look overdone.
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Henry’s Take – Is Sandfire the Answer?
SUMMARY A look at copper today. Is SFR the answer? LRS going well but today could be a softer day. Resources still under pressure. No Bazooka. No real details. LTR quarterly. Many more. 2.30 PM Updates SDR continues to hold gains. Good for BTI. LRS holding up well but lithium generally suffering. Heading into the…
Henry’s Take – Nobody Puts Baby in the Corner
SUMMARY Talking RIO on CNBC this morning. Ausbiz Investment Committee apologies. IVC dragging on. Phil King moves on Pacific Current but no Harry Kane.Implications for PTM. 2.45pm Update – The Road Map The rally kicks. Banks now leading the charge. More than Happy to see MP1 kick higher on good results. Face saving from recommendation…
Henry’s Take – Still the One
SUMMARY PLS remains the key lithium play. Simples. As promised a look at SLM. Not for me. On The Call today with Andrew Wielandt. Ausbiz Investment Committee Portfolio catch up. Got cranky on latest episode. You can see why next week! 3.00 PM Updates Great rally in the ASX post the CPI numbers. Anything to…
Henry’s Take – Lithium shaken to the Core
SUMMARY Shaken to the Core Love hurts but opportunities will present. CHN takeover talk gets very specific. Ausbiz tomorrow calling. AM UPDATES CXO still under serious pressure on downgrades. Falling safe, no reason to catch it. Infecting the sector. PLS doing ok.No reason to be brave as yet. 2.30 PM Updates Solid bounce. Another narrow-range…
Henry’s Take – Zero Caution Ahead
SMALL CAP PORTFOLIO 3.15PM Updates Lithium stocks very much on the nose. CXO quarterly sub-optimal. Lithium pricing easing back. Good to see LRS pulling back too. Looking at 30c as a point to get interested again. Just finished a On the Couch Podcast with Peter Harold CEO POS. Speculative Stock of the Day: Not much…
Henry Weekend
Now holding just 25 stocks. I feel positively naked. So many ideas. One that I am going to look at next week is Solis Minerals.
Henry’s Take – Samba time?
SUMMARY Sold own LRS a little. Samba anyone? Sold GMD and GEAR completely. Ausbiz The Call yesterday gave me a reason to visit ORG. Did Musk really say that? SMALL CAP PORTFOLIO 2.30pm Update Not very exciting. Next week will be a big week for US results.Fed meeting too. Not much on the corporate front…
Henry’s Take – A Bubble or Something More?
2.30pm Update LRS – I have taken the weighting in the Portfolio down from 6.6% to 4.6%. Sold a little early at 37.5c but it is now nudging 40c and I would take another 1% weighting off here. That would bring the position down to 3.6%. And lock in a 3-bagger from initial purchase in…