Hi readers .
Markets are just bobbing around turn wheels as the saying goes, there is some interesting development going on .
Once again in Australia the opportunity is presenting itself.
Australian investors for some reason can't see potential growth past there noise and that's why the opportunities are there readers.
I have just finished doing the astrology for a client who is looking at a company called Angel seafood.
Basically an oyster business , yes that's right oysters.
Company at the present time has just listed on the ASX code is AS1.AX.
The float prospects was 20 cents , and closed at 16 today.
The good news is that the company in a couple of years time will be worth 5-10 times its current value.
Whether they remain Australian owned remains to be seen in the future.
Bad news is they have listed on a very negative aspect day and will struggle for a good month or two.
Again in 2020 will be a challenging year..
This is a company that when it starts running it will fly.. and when it stops it will simply crawl.
Looking at the stake holders in the company I'm inclined to wait as I know one very well.
No respect for his investment decisions and am happy to wait until he dumps his investment as will be the case if the stock trades under 14 cents.
His 3,125,000 shares are ripe to be cherry picked should price slide further which will be the case.
(Memories from bub.ax trading).
As I said the company is loosing money and there are risks with this investment but under 14 cents could be a bargain or even lower.
Had the company listed in November I think the stock would be around 50 cents but it is what it is.
Once again do your own research before make a decision on the company.
Under Singapore financial regulations
I hold no positions in AS1.ax at the present time.
My current investment holdings are in the following companies
FRM.AX
BUB.AX
ABR.AX
the above is an astrological outlook on a company and is not investment advise .
Seek professional advise from your advisor or broker.
Markets are just bobbing around turn wheels as the saying goes, there is some interesting development going on .
Once again in Australia the opportunity is presenting itself.
Australian investors for some reason can't see potential growth past there noise and that's why the opportunities are there readers.
I have just finished doing the astrology for a client who is looking at a company called Angel seafood.
Basically an oyster business , yes that's right oysters.
Company at the present time has just listed on the ASX code is AS1.AX.
The float prospects was 20 cents , and closed at 16 today.
The good news is that the company in a couple of years time will be worth 5-10 times its current value.
Whether they remain Australian owned remains to be seen in the future.
Bad news is they have listed on a very negative aspect day and will struggle for a good month or two.
Again in 2020 will be a challenging year..
This is a company that when it starts running it will fly.. and when it stops it will simply crawl.
Looking at the stake holders in the company I'm inclined to wait as I know one very well.
No respect for his investment decisions and am happy to wait until he dumps his investment as will be the case if the stock trades under 14 cents.
His 3,125,000 shares are ripe to be cherry picked should price slide further which will be the case.
(Memories from bub.ax trading).
As I said the company is loosing money and there are risks with this investment but under 14 cents could be a bargain or even lower.
Had the company listed in November I think the stock would be around 50 cents but it is what it is.
Once again do your own research before make a decision on the company.
Under Singapore financial regulations
I hold no positions in AS1.ax at the present time.
My current investment holdings are in the following companies
FRM.AX
BUB.AX
ABR.AX
the above is an astrological outlook on a company and is not investment advise .
Seek professional advise from your advisor or broker.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.