Skip to main content

Always Looking Ahead

 I keep one of those pocket diaries with me at all times. You know the type: they are generally promotional and are given away for free.

They are great.

If, in my research, I come across a stock that looks like having a big announcement coming up, I make a brief note in the diary. That way, when I have cashed in one lot of shares and I am ready to buy again I have some idea of where to go next.

DTR is a good example. They are looking at completing an upgrade to their resource assessment in the 3rd quarter of 2024. So I will check in at the beginning of July and look at dramatically increasing my holding then.

KSN is another that has a good bit of news in the third quarter. So a note is made in the diary to check back in with them in July.

Does it always work? No. Because I am working on available information from company releases and information.

For example, I was looking at IMC and had a solid date for when the next jump would happen because of an uncomping event (the initial results of a drug trial). The results came in 2 weeks early and I missed that one (from memory, the share price rose by 60%). 

Not to worry, there's plenty of stuff happening out there.

So get yourself one of those little diaries and use it. It's a great tool.

AND... if you do find something exciting coming up, tell others about it. A bit of upward pressure on the share price is always good, 

Comments

Popular posts from this blog

A Couple of Updates

 Well, it's Monday morning and the week has started with a bang. First, PFE announced that there was an unexpected problem with their test drill and they have had to abandon that and go to a new test drill site. A delay, but no real issue apart from that. And the market hated that. Good news for those wanting to buy, not so good for existing holders. IMC released their AGM presentation which indicates that there will be some news in December and then a very busy (and hopefully productive) 2025. Sales are good and continuing to get better and better.

2025 - an early start

 Ok., so here we go on my Trump-era goal. Just bought MXR (yes, on the ASX). AAR wants to take them over at 7 cents as a scrip payment (paying in AAR shares instead of cash). The current share price is 6.3 cents. So that should be a quick 10% gain. However... this does look like a lowball offer and may yet be increased. MXR has great assets and AAR already owns almost 20% of MXR. So AAR is committed to a deal and that may just attract other attention. It looks like a no-brainer to start 2025. Yes, there is always some risk, but this one looks pretty good. I have done a bit more research and have some exciting thoughts, including one that looks a little like another WGO (which returned handsomely on a takeover). More news coming as I do more reseach.  Another one that looks good for a quick profit is GES, but as I write this, there are no shares at the right price (.05).

Out of 2

 I ahd some bills to pay and these 2 got the chop: PFE - such promise, such disappointmen IMC - I always had some ethical problems with this one.  But there it is. Bills paid, and a little left over to find something new with.