From A Beach Somewhere

 Fight, flight or freeze. That’s the survival question. Out there in the jungle, that’s the decision that will help you survive. Many people have shortened it to “fight or flight”, but “freeze” is an equally good survival technique. The same applies in the concrete jungle of stock market investing. Buy, sell or hold. What do you choose? That depends upon you, your appetite for risk, pressure from your significant others, and the balance of probabilities. The only problem is that you simply will never have enough information to fully judge the probabilities; so there is always a level of risk and judgement. Fight? Flight? Freeze? In reality, you will probably cycle through all three with many of your investments. It’s the timing that counts..  

  Patience is a powerful ally. Knowing that an outcome is approaching and having the patience to wait for it can lead to a good payday. Yes, there are other pressures on your finances and resources. Yes, there are other opportunities out there that are whizzing by without you being on board. Yes, it can be dull just sitting and waiting (investing is supposed to be exciting, isn’t it? Something to brag about at the next barbeque). Right now, I have some shares in Warrego Energy (ASX: WGO). I have already made a great return on my investment and I could sell them at a handsome profit. But they are in the middle of a possible takeover tussle. Yes, there are other opportunities flying by as people try to get their finances in order for the end of the year (ie selling cheap shares just to free up some cash), but if I (and the other shareholders) wait until late January 2023, the shenanigans will be over and the maximum return will be realised. Is there a risk? Of course, there i...

 You really cannot take this whole investing thing too seriously, there's just too much that's outside your control.  But, I hear you ask, how do I not take it too seriously? I mean, this is my fortune, my family's future. How can I not take it too seriously? It is serious, man. Deadly serious. Sadly, the deadly part of that quesyion is too often correct. Here's how not to take it too seriously. There's 2 steps. One. Be smarter than you are right now. No, I mean it. Learn something new every single day. It doesn't matter where you decide to invest, learn more about that sector every day. Always be a student. AND always be ready to pass on what you have learnt, always be ready to be a teacher. Others will benefit from your help, advice and wisdom (with the caveat on wisdom that you will still get it wrong from time to time). Two. Do NOT put all your eggs into one basket. Okay, if you are playng in the stock market, you may have to invest in just one company just ...

You know, a lot of people are afraid to invest in the share market (aka the stock market) because they are afraid of “getting it wrong”, of investing in the wrong stock. But is that really a bad thing? And how come the big boys always seem to get it right? Let’s tackle the last question first: How come the big boys always seem to get it right? They don’t! No, seriously, they often get it wrong. Let me show you. Superannuation fund managers are major stock market investors. And depending upon their appetite for risk will depend on where and how much they invest in the stocks and shares on offer. But the reality is that they simply do NOT win every time. If they did, your superannuation balance would be growing astronomically, year on year. The big players do, in fact, get it wrong; sometimes, spectacularly so. Yes, there are others who have built massive empires on their success, but they are the first to admit that they didn’t always get it right; and that some of their failu...

Every day is an opportunity to learn more about the share market, and yesterday brought a lot of lessons... all in one day. The first was the takeover (merger) offer from Warrego's joint venture partner, Strike Energy.  Next came a counter offer from Beach. And suddenly you could see that Warrego is probably in an old gashioned auction, with 2 bidders wanting the prize. The thrid came from reading the threads on Hot Copper about it all. It is clear that many sharehoolders simply do not think before they open their keyboards. And they type with their hearts and not their heads. Monay may bring more bidders to the auction. It may bring Stike to make a better counter-offer. And out of a couple of hundred posts on Hot Copper, one stood out. It is entirely possible that Warrego will go into a trading halt very early on Monday until they sort out thos takeover offers.  What does this mean? Well, better news for shareholders. And a lot more rubbish being posted online by shareholders...

Almost as soon as the words left my computer, the share price of WGO started to rise. And then we find out why. There has been a takeover offer. Will the price go even further up? Will there be another takeover offer from another player? The existing shareholders seem to think so. This is not financial advice, it is what I am looking at and doing. What you look at and do is up to you, but make sure to do some research. 

Success? It’s Coming. It’s a funny old thing, but we are so focussed on success that we forget that the road to success, whether individually, at a business level, or even at a government level, the road to success is littered with failures. Now all this is easy to say, so let me show you an example from the Australian Stock Exchange (the ASX). This is the story of a success that is about to happen. Yes, about to happen. When? Read on. A few years ago, there was a company called Petrel Energy (it’s ASX code was PRL). That company’s shares fell to just 1 cent each. The company was in trouble and actually got bought out by another exploration and energy company called Warrego Energy (ASX code: WGO). Warrego then entered into a joint venture with another company called Strike Energy (ASX code: STX) to drill for gas, on land, in Western Australia. The joint venture did this and drilled the deepest holes anywhere. They drilled down 5 kilometres and found gas, lots of it. And they we...

 All righty, here we go again. The COVID effect if fading and things are starting up  again. So I have returned to this because for the last couple of years there realy has been nothing to say.  Now there is, so stay turned and get ready to play. Let the games commence.