Forum Archive Index - September 2003

["allan russell" <allanrussell90@hotmail.com>]

The basic concept I use is "buy any thing that looks like it will increase 
in value'' and sell it when it does.
I buy in $29000.00 blocks to get the brokerage under $30.00, if the shares 
lose $1000.00 sell if they make more than $1000.00, it means the brokerage 
goes to $90.00, so I buy $20000.00 more split them wait and sell.
At present I am takeing a risk, its called lack of diversifacation, and have 
all my eggs in one basket FRE that will float at midday. I actually expected 
my application to be scaled back, but it wasn't.
By mid afternoon I will be either happy or sad.
I hope this helps, I have made 12.9% since mid june. I have made many 
mistakes if I were to look back but the whole game is about anticipation and 
looking fowared.
Allan.

>From: Matt & Vanessa <vibez@paradise.net.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Portfolio Theory
>Date: Sun, 28 Sep 2003 20:18:18 +1200
>
>Alright guys, here's a different topic.  I'm interested in what sort of 
>concepts different people use to construct their portfolios.  I've heard a 
>lot about people picking individual shares, about the merits of a number of 
>individual companies (the breadth of some of the research flowing through 
>this forum is extremely enlightening).  But how do you hang it all 
>together?
>
>Surely you can analyse a share 'til the cows come home, but what does that 
>mean for the performance of your portfolio?  Some of the questions that 
>come to mind are: have you got a balance between income producing assets 
>and growth assets?  What sort of sectoral exposure do you have to the main 
>drivers of the NZ economy?  Are you thin in one area, thick in another etc 
>etc etc .....
>
>I spent a lot of time building our (albeit small) portfolio from the ground 
>up, working out what sort of balance of companies would give us the return 
>we were after.  Having worked out the categories I wanted to cover - 
>Income, Growth, Stability - and then having applied a relative weighting to 
>each, I looked for the companies that I could fit into each of those gaps.
>
>Over the past eight months we've put together the eight companies that 
>comprise our portfolio, and barring any particularly interesting buying 
>opportunities (if only they would float the Nat. Bank!!) we'll probably 
>just deepen on these until we get them into something close to our target 
>weightings.
>
>So that's what we've done.  Anybody got anything they want to share....?  
>I'm sure even you techies have got a plan of sorts!
>
>Best Regards,
>
>smasha
>
>
>Our Portfolio (fair's fair: can't receive without giving)
>
>Income Shares
>* Capital Properties
>* Wrightson
>* Powerco
>
>Core Shares
>* Contact
>* Fletcher Building
>* Waste Management
>
>Growth Shares:
>* Baycorp Adv.
>* Tower
>
>

_________________________________________________________________
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