Skip to main content

Posts

Showing posts from December, 2024

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).

Do Your Homework... It's Important

 Yes, I know I, and many others, say things like DYOR (Do Your Own Research), but it's an important point. Doing your homework, doing your own research, does many things: It makes you dive deeper into a potential investment and may uncover a hidden gem. It may uncover a turd. It forces you into the language that the markets use, and if you are unfamiliar with the specific meaning of a word or phrase it is easy to look it up and educate yourself. It might link you through to other companies that are potentials for your hard-earned money to be invested in. And... it's quite interestioing to see what the company your are considering an investment in is actually up to. This approach applpies on the fringes as well. For instance: A company called Equity Story has been chasing me to invest with their portfolio managers. So they sound like a financial advisor type of company. Let's dig a little deeper. Ok, there they are, listed on the ASX under EQS. The description is: Stock mark...