Listed Investment Companies

What’s a Diversified Investment, but not an ETF or Managed Fund? – Listed Investment Companies.

Some which are listed on the ASX are:
Australian Foundation Investment Corporation,
Argo Investments,
Milton Corporation,
Djerriwarrh,
Australian United Investments
Carlton.

Wilson Asset Management,
Contango
Clime.

A few points about LIC are:
they perform better than managed funds and certainly better than ETFs.
They have experts there hunting out bargains and looking for growth opportunities.
They are generally run on a cheaper cost base.
Invest by buying shares in the company.
They are not forced to buy high and sell low, since they don’t have to hand back investments to customers like Managed Funds do.

Buy Sell Notes to Self 2013

This post will be updated with tips as I read them from various sources and when I want to record it down to look back on later. It is not any kind of advice or suggestion to any other people. 

2 May 2013A-REITS have been doing quite well over the recent years, shooting up from its lows in the GFC. A few REITs with their dividend yield are given

Symbol	CompanyName		DY	Price
APA.AX MGR.AX	APA Group Mirvac Grp		5.40 4.56	6.48 Yes 1.755
ABP.AX	Abacus Prpty Grp		7.26	2.34	Yes
CQR.AX	Charter Hall Retail REIT		6.12	4.25	Yes
BWP.AX	BWP Trust		6.2	2.42
WRT.AX	Westfield Retail Trust		5.74	3.31
SGP.AX	Stockland Trust Grp		6.25	3.84
LEP.AX	ALE Ppty Grp		6.13	2.61

21 Sep 2013
Using the Growth to PE as the main criteria, consider the following stocks
AOD - Aurora Sandringham
LCM - Logicamms
WAX - WAM Research
ALF  - Australian Leaders Fund

15 Apr 2013

Market is on the verge of rebounding. Here are a few stock to consider

mfg
ccp
cwp
LLC  1
jhx  2
iag
ske
brg
pmv  
iof
trs
wrt
gem
vrl 3
mtu  



2 Apr 2013

bsl - Bluescope Steel
gem - G8 Education
ccv y   - cash converters
pmv y  - Premier Investments
alu  good - Altium
aiz good  - Air New Zealand
ctd        - Corporate Travel Management

1 Jan 2013

A new list of stocks for the new year. 

This list is based on having a Buy recommendation, high dividend yield and high dividend growth.

DLX - Dulux Group - Materials

MRM - Mermaid Marine Aus - Industrial Transportation

CAM - Clime Capital Limited - Financials Diversified

ARI - Arium Limited - Materials

GPT - GPT Group - Financial Real Estate

News - Israel Gas and Woodside Petroleum

Gas found in Israel and Australia's own Woodside Petroleum WPL is in on it.

http://www.morningstar.com.au/funds.mvc/article/israel-gas-bonanza/5556/1

Quote:
"Still, the Tamar field was just the harbinger of what has turned out to be nothing short of an energy revolution in Israel. If Tamar had reserves of 10 trillion cubic feet of natural gas, the Leviathan field, which was discovered in December 2010, enjoyed the unique distinction of being the world’s largest deep water gas reserves found in the past decade. "

How to beat Hyper-Inflation

Here is a collection of notes from various sites on hyperinflation.

http://seekingalpha.com/article/96723-what-effect-will-hyperinflation-have
An excellent article on inflation, with examples from recent history. It does a good comparison between modern US and the Weimar Republic of Germany in the 1920s. At the end it has some brief tips of what to do in case hyper inflation hits your country. Some suggestions include:
---------------
Cash in the form of government and/or corporate bonds, money in CDs and other bank accounts, will be hit the hardest. General index fund type of investments, such as DIA, SPY, QQQ, and the like will also be very bad investments. Stocks, in general, do not do well in a highly inflationary environment. However, if the Weimar experience is any guide, stocks will do much better than bonds or cash. Financial and retail stocks, however, will be the worst investments of all equities sectors. The best investments, in contrast, will be gold, silver, shares of companies whose assets consist of modern plant & equipment, productive lands, and other hard assets that will retain value.
---------------

Some other articles:
http://crisistimes.com/inflation.htm#survive
http://www.peakprosperity.com/forum/understanding-effects-hyperinflation-and-debts-personal-level/10599

Post a comment if you know of more articles.

TIPS - Dividend above 6.5, PE above 9

From the recent Motley Fool newsletter, which had a big tease about one stock with Dividend Yield (Grossed up) to be 6.5% and P/E forward looking as above 9.0, we can use a search of the ASX 300 shares to see which stocks fit this category.

VectorVest is used to filter the selection of stocks and the results are given below. The dividend used in the search is the actual dividend received by investors which is 70% of the grossed up value. The other criteria include:
Growth Rate > 10%
Recommedation = Buy

So the group of five stocks may contain the one Motley Fool was referring too - but even if it does not, then the list below still represent a good selection of strong stocks both technically and fundamentally.

Note: The VST is the VectorVest number and anything higher than 1.0 is good. It is made from the three components of RV, RS, RT indicating relative value, safety and timing respectively.

Company	Symbol	Price	$ Change	DY	RV	RS	RT	VST	Sector	GRT	EPS
Mirvac Grp	MGR.AX	1.545	0.02	5.18	1.42	1.23	1.36	1.34	Financials	17	0.11
ALS Ltd	ALQ.AX	9.8	-0.05	4.59	1.49	1.05	1.335	1.3	Industrials	24	0.8
Investa Office Fund	IOF.AX	3.03	0.06	5.28	1.34	1.16	1.21	1.23	Financials	15	0.23
M2 Telecom GP	MTU.AX	3.77	0.01	4.77	1.34	0.99	1.22	1.19	Telecommunication Svcs	15	0.31
Westfield Retail Trust	WRT.AX	3.13	0.08	5.43	1.21	0.97	1.26	1.16	Financials	11	0.3

TIP - Making New Highs

The following have been identified as making new highs. These are not penny dreadfuls stocks. Apart from their technical trends, they also enjoy relatively good earnings (EPS) and growth. Feel free to do your own research on these stocks.

WHF - Whitefield
AHE - Automotive Holdings
AAX - Auscenco
LLC - LendLease Corp

Valuation of Micro Caps, Small Caps Stocks

Some things to consider to filter out the good small caps or micro caps stocks.


1. Proven management team. Look for leaders with track record in other companies


2. Strong industry dynamics. Look for competitors, barriers of entry, power of suppliers.


3. Funds for key milestones. It is ok to dilute shares for startups - it is better that they get more funding when they need it to develop the product, rather than go bankrupt.

4. Strong news flow pipelines 


5. Management incentives. Look for rewards in form of stocks or options for management.