Your markets are run by bots. Now your daily threads are too.
This thread is for plans and thoughts prior to the market open period.
Maybe use this time to read the wiki .
Posts relating to the "Is r/ASX_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.
Your markets are run by bots. Now your r/Asx_bets daily threads are too.
Automoderator may provide "Guidance" for Lazy and zero effort posting.
Your markets are run by bots. Now your daily threads are too.
This thread is for plans and thoughts prior to the market open period.
Maybe use this time to read the wiki .
Posts relating to the "Is r/ASX_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.
I think the start of the new FY is probably one of the most lucrative and sweat inducing parts of the year. EOFY itself doesn't bother me in the slightest. The news flow over the next 2 months as books get finalised, that is a source of anxiety. This is like the Melbourne Cup for bookies, most of your money will be directly and indirectly made from this period.
I don't necessarily believe that it's a predictable time in the sense that you could model the ups and downs with any degree of confidence, but if you believe in any sort of determinism or sense of objective reality in the stock markets, this period is the closest we really get.
If there's a time to really dig into your holdings and think rationally about which of them are dogshit and are more likely to post bad results, this is it. You can flog things into those who believe that a positive result is coming and save yourself the drama of having to carry through a shit result.
This is also a weird time for those who do have real confidence in their positions, because in my experience this period can also show some glimpses of mania if the market is bullish about upcoming results. Sticking to the plan is arguably harder when it's going well, because if you do have uncertainty or lack of understanding and it starts getting frothy, it will inevitably (and hopefully) start to bubble in your stomach. This is a physical manifestation of your internal dialogue, which is saying:
>"I have no fucking idea what I'm doing, I am overexposed and do not understand what is going to happen next."
You should probably pay attention to this, and have a think about whether you're currently up because of skill or because of luck. These two things are not the same, but they will look and feel the same, mainly because we are very, very fucking good at convincing ourselves that we're Will Hunting, and not goodwill hunting.
This mechanism is useful for self-esteem and being a regular human being with self respect and dignity. In markets however, it serves as a very large weight on the weighing scale of our decision making if we don't proactively choose to balance the scales.
Anyway, this is a much, much shorter post than my usual. Not because I care about those who complain, it just happened to fall that way.
With the new rules coming next year (axing the 50% discount for a 30% minimum tax on real gains), investing in shares is taking a hit. Meanwhile, sports betting winnings remain 100% tax-free.
Do you think the new laws will drive people who usually buy monthly ETFs to punt on the TAB instead just to keep 100% of their profits? Or is the risk profile too different for anyone to actually make that jump?
Your markets are run by bots. Now your r/Asx_bets daily threads are too.
Automoderator may provide "Guidance" for Lazy and zero effort posting.
Can’t even mention property value can go down without mods deleting your post lol!
Also feel free to comment here on their post about shitrentals:
Was recently having a beer with some mates, and this topic came up.
We settled on Brainchip.
There were other contenders, but pound for pound no other stonk has managed to erode retail coin quite as spectacularly.
Hi everyone,
With the new CGT changes to share trading, buying and selling shares under your personal name has lost much of its appearl. That 50% CGT concession sure was good, but that is going away shortly.
I am on the highest income bracket and have a multimillion dollar share portoflio. My strategy is buy and hold for a few years usually. I am exploring company/trust structure so as to delay tax when I do sell shares. Instead of forking out nearly 50% every time I sell to pay tax (assuming it is successful), it will be 30%. This leaves the rest to be invested.
The complexities of a trust/ company as well as the addiotnal costs, has been off putting to me. However the money that I invest does not need to be withdrawn for personal use and I intend to use it for long term investing.
Can someone shed some light into this?
I have an intrinsic dislike of accountants' fees and promotianal activity
Also - what about discretionary trust with a corporate trustee?
THanks again
Your markets are run by bots. Now your daily threads are too.
This thread is for plans and thoughts prior to the market open period.
Maybe use this time to read the wiki .
Posts relating to the "Is r/ASX_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.
Your markets are run by bots. Now your r/Asx_bets daily threads are too.
Automoderator may provide "Guidance" for Lazy and zero effort posting.
So recently CSL’s been rallying and as of today already up 2.5%. I invested at 112 (wanted to at 91 but invested elsewhere at the time) and now it’s at 120.8. So for me my reason was that it was clearly undervalued due to low P/E ratio and that it clearly is an industry that has a high barrier of entry so in theory it should keep growing. Also, the economy and global economy is looking quite shaky (apart from AI) with higher interest rates, which usually favour more recession-proof assets like in healthcare. Because this is more of a value investing play my time horizon is more short-medium term. So what do you guys think is a reasonable price projection this year? I want to sell it at 150, but I am also considering holding for longer depending on market conditions. Also all my other investments are etfs and I don’t really know how to play shorter term investments. My plan for CSL was to sell around 150 as said before, but is there worth holding for longer considering that it may still be undervalued and are still nowhere near 275 which they were like 9 months ago.
Anyways I’m quite new to more shorter term value investing plays so would like to get some feedback on the future price prediction and whether it’s worth holding for medium-long term.
If anyone wants to donate money to Mr Buffet, then head over. But fair warning, you will have to sell shares to be able to afford. $98 for 1lb yes 454g.
JDO better be joining the family of secretly high value overly panic-sold ASX stocks or imma be mad you don't wanna see me when I'm mad.
Fingers crossed for when the CEO resigns - this thing will boom +20% on the news
Your markets are run by bots. Now your r/Asx_bets daily threads are too.
Automoderator may provide "Guidance" for Lazy and zero effort posting.
Disclaimer: I am invested with BGL. This is not financial advice.
I previously posted about BGL on 31 July 2025. They are a gold producer operating out of WA, making an attempt at being low emissions (very high renewable energy consumption on site) but the main area to consider whether BGL is now a good investment (in my opinion) is the state of their hedge book.
On my previous post, a couple of users raised concerns about the state of their forward hedge book - and at the time it didn't look great. For user's unfamiliar, this is effectively gold that they have already committed to selling in the future (when it is mined) at a fixed price. The price gets locked in when the contract is agreed and is unlikely to be a good price for the miner. They do it so whoever they owe debt to (banks etc) knows there is guaranteed income to cover the debt if the spot price tumbles. It's important because the spot price of gold is way higher than the price in those locked in hedges, which is hurting revenue.
As at their last quarterly update (31 Mar 26), BGL had:
The key point I'd like to make is that BGL cleared a big amount of their existing hedge book in that quarter. It hurts cash generation now but increases exposure to the spot price in future after all hedges are cleared. The rate of clearance is 6-10k oz per month and I would anticipate that the hedge book would be fully cleared at this rate in about 10 months (assuming all other variables remain the same). If gold is still strong in a year, then BGL turns significantly more profitable.
The share price has been all over the place since I last posted, but only upwards from then. It got up to $2 in January and two days ago (when I bought back in), it was trading at $1.20. Price at posting: $1.35.
The bear case is that this is a single asset underground gold miner and tied at the hip to the spot price. It's also subject to grade failures, AISC increases, delays etc. Confidence could slip despite good fundamentals and we could head back below $1.
I am nothing if not a gambler though and the bear case sees us above $2 within the year and then matching GMD for market cap in 2-3 years.
The next announcement by the company should be within the next few weeks, being the June quarterly announcement, which will give some additional context to the above figures and help crystal ball even better.
As always, keen for the thoughts from the brain's trust.
Your markets are run by bots. Now your daily threads are too.
This thread is for plans and thoughts prior to the market open period.
Maybe use this time to read the wiki .
Posts relating to the "Is r/ASX_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.
