first time investor ASX shares

[Tim]

I wish to buy 5 shares for the long term that will show above average growth for my retirement fund. Must be a solid company. Not a trader.
Appreciate any advice

[floyd]

hi tim, id give map a close eye....nice uptrend, good dividend with a reinvestment scheme.

Tim keep well away from anything Gerry Stolwyk posts on.
ANZ bank is well worth investing in for a retirement fund especially if the NZ float comes off and you get priority allocations

[stolwyk]

There are a number of investments but at this stage, I would favour AVV-we have a thread here. Financial year: Dec.31.
GTP- could be a solid performer.(Year June 30). There is a thread.

HDR, an active company with acreage off Mauritiana.
Will be drilling more shortly. It shares oilfields there with others.



Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.

[OldRider]

Five that should be around for the long term,with a spread of sectors, probably boring but in ten years time have a good chance of giving better than average return,but check out yourself:
AGL Energy
QBE Insurance
CDO Retail
LEI Construction
CSL Health

Apart from CDO most are climbing away from a down or static shareprice, with the problems that caused the downturn mainly resolved.

[ELYOB]

Tim , wont name 5 , but i would put BHP in as this stock is going to do very well over the years to come , esp in GOM etc.,.
ARQ is a good one for the run over 10 years , well run .

Stay away from Gold , as i feel you have to turn it over; trade etc.,. Been in gold for years . You dont need it !

Good luck .

[^]

[thereslifeafter87]

The stocks I would recommend - ATR, and CCP.
Solid companies, strong growth.

[James K]

Tim
You say you're not a trader, you want to hold for the long term. It's easy to suggest high-potential small companies (as some posters have above) but these need to followed closely and got out of if things don't go as planned.

There are lots of big aussie companies you could
buy and forget, but as with most big copanies the returns are likely to be modest (though dependable).

One smaller company with an outstanding track record, but still lots of potential is ARP (ARB Corporation). It has a 10year record of growing its earnings at 20%+ p.a., and has never had a year where sales/profits went backwards (to best of my memory). Makes, distributes and exports 4WD parts, for after-market buyers. Minimal debt (only have some after a small acquisition last year), mgmt are the largest shareholders. Returns on equity very are good, mgmt aren't flashy (I've been a holder for years and have yet to see a single picture in the annual report!!) but are very focused on delivering excellent results for shareholders. Without doubt its the company in my portfolio I worry least about. It has still good growth prospects - they're in the middle of a v. significant expansion now. Not cheap (PE of 18.5x FY 2004 profits, 16x FY 2005) , but their consistency year-on-year in delivering high profit growth and ever-increasing dividends is what should attract investors to ARB.

[OldRider]

There is some safety in having investments spread over different geographical areas,nonetheless, a rebalancing towards NZ whilst our exchange rate is on the increase has been advantageous recently,
then a change the other way when the trend reverses will do the same.
Extracted the following figures from my data,from April 01 2004:
NZX50----------+7.45%
All ords---------+4.36%
My portfolio---35%--NZ----65%--Aust
Return NZX----Holdings----+12.95%
Return ASX----Holdings----+ 5.43%
After currency correction Aust drops to +3.81%
Total return +7.95%
After currency correction +6.85%.
So holding the Aust stocks over the last three months has almost halved the potential return.
How long will this go on for?? Watching when to reverse my current trend from Aust to NZ.

[Watson]

TIM may I suggest the following:

1) do your own research.....
2) find out about the directors track record and financial performance.
3) Be comfortable with your decision
4)Seek advice from a reputable broker firm and ask for sound financial proof.
5) Look at expansion plans,of company, if prevalent.
6) Check debt to equity ratios to see if they have improved over the previous years
7) Evaluate earnings growth per share.
8) Study the "CASHFLOW REPORT" OF EACH COMPANY AS THIS IS THE MOST IMPORTANT PAGE OF A COMPANIES FINANCIALS......(it identifies a companies source and destination of their income.highly important)

Take a look at these ASX listed companies.

TIM (TIMBERCORP) LONG TERM UPTREND
MAP (MAQUARIE AIRPORT) LONG TERM UPTREND
NHR (NATIONAL HIRE) IN EXPANSION PHASE

Oh and one more thing....OPINIONS ARE LIKE AS*HOLES , EVERYBODY HAS ONE!! Cheers Watson

[tracker]

personally i disagree with the above
whe n I 1st started trading, I did try to look, research etc into company reports etc, and I actually showed an accountant one particular report that I thought showed potential., he sat he looked he studied and he laughed, it was like looking in his words as the greatest spin of all times (turned out he was right). After that eye opener I decided my future was with understanding companies share price watching closely, andpre empting alot of moves .This accountant told me that you would need a BA in b?llsh!t to know what that was all about, and as glossed over and pretty , and encouraging the report was , IT WAS 1 BIG CROCK OF YOU KNOW WHAT
now as stated I trade what i see, and unless you are one really clever guy/gal who can decipher pages and pages of crap to get to the bottom line (which might be glossed and prettied up anyway) whats the point
just a defferent perspective from a trader, charts are only what I use
a company has a good report coming out 9/10 times the market knows
bad report same diff insiders have been selling for days/weeks
hope this helps
tracker
and have tight stops ALWAYS

[tracker]

ps sorry watson
no offense meant
if it works for you fantastic
just wanted to present another veiw
trade well
tracker

Tracker I agree with you about annual reports and will add IMO that company websites are just about useless. The only thing I have found on them is the list of major share holders. In some cases it is nice to no wether certain companies are buying or have bought into them. And if by some chance you see G Stolyk run a mile.

[tracker]

hey enigma agreed top 20 is about all i look at , and gotta admit I would run a mile if certaian names (they will remain nameless) are there
have a good one
tracker

[stolwyk]

Well now Enigma,

You better pass that message to Dimebag who selected one of my stocks I presented.

And GDY, the company you left because I bought shares in it, is moving nicely as well.

Perhaps Traders know I am aboard and are starting to follow it.
You better let them know to behave themselves. But still, that will be in vain.

Perhaps you may want to join the GDY crowd again?

Gerry

Gerry I will be far safer out of it I have a very nice profit to spend where there is not the Gerry factor to worry about. Just like CMQ How badly did you get burnt you seem to be getting more desperate all the time. You would get closer to the respect you crave if you recommended some sells.

[stolwyk]

I don't crave for respect Enigma like you do, I am not a herd animal.

On some occasions quite some time ago, I suggested a sell and got abused as well because sometimes the shares rose after the recommendation. People's behaviour changes quickly as soon as money is involved.

I occasionally do on HC but am not considered to be a downramper.

You seem to forget that my Disclaimer puts the onus on the Reader.

Of course, some still expect me to put nappies around their bottoms. Were you one of these?

Had you been in CMQ long enough you would have made money. There were 2 spikes where you could have offloaded your shares; one rose to $8.80.

I sold mine lower than that because I could see problems coming up but the records show that I paid $3.65 for them. So, regardless of what you say, I did well.

I have never considered you to be a "sophisticated" investor, Enigma. On the contrary, you lose on one and then blame me for it. I know your type.


Gerry

[miner]

"I don't crave for respect Enigma like you do, I am not a herd animal".

That line made me laugh,you know all about herd mentality Gerry,what you are is a wolf in shepherds clothing who promises a lush green paddock to the poor old greedy sheep.

But at the end of the promised road they find not a lush green paddock but a slaughter house.

[stolwyk]

Miner, let Enigma look after himself. There is absolutely no need for you to come in at all and be so aggressive. But of course you are part of the herd (gang).

Try to avoid ganging up and please try to control yourself just for once.

You need to prove what you say, not just once but more often.

Just flaming alone doesn't make a master and you of course lack courtesy.

Take this CCE case and there were others. I did a study thread, it was published and the Traders knew I was backing a horse. So what did they do? The obvious, putting down their cash, more and more. I didn't have to say anything but the rapidly increasing volumes and prices were caused by them.

The fact that the momey supply was building up so fast was really akin to ramping but this was done by traders. CCE rose 40% in one day.

Now, I know that traders need to make a living but there is no need to take on that "holier than thou attitude".

Gerry

[davidrob]

Watson--HI and a big hi and warmest of welcomes to our new reader Tim

My opinion on --TIM--the share not our new correspondent !!;):DTimbercorp--Yep most definitely with caveat of only buying TIM--or GTP in this category--or indeed Gunns... when it is at a Low over a six month period--try to buy at/around or of course below say $1.19--$1.25 range and you might have to wait a couple of months but it'll be worth it...

National Hire--yep not bad at all Watson--but there PE is TOO high, don't you think??...at present...and NHR's Return on Equity is Too Low, which to me is a Must Have Golden Rule and unfortunately for mine,NHR's roe is still quite too low--And they--NHR-- have rather sold a lot of shares and diluted their share-spread big time this last 6 months---what's NHR's future prospects Watson In your opinion[?]

and
Be wary anything macquarie including,
MAP--macquarie anything I Hate--bec. the Macquarie bank and their exec Big/huge bonusses--In my opinion, pay themselves first, and regardless of shareholdrs and before the shareholders every time and often use shareholders as mere patsys--Watson, I think we can do a bit better for Tim than MAP--so of course I'll say my top five picks now which are:

(1)--Astron--ATR
(2)--Oriental technologies--OTI
(3) PPR--Penfolde Buscombe or even FFI Foods--at the right price and only 15% of your money bec. it's very illiquid
(3) GUD
(4)Fantastic-FAN or Colorado-CDO or Fleetwood---FWD-and at the right price, when the market goes "off" the retailers--which is not right now, and maybe not until January/Feb next year--as they are at all time highs almost at present....
(4)--City Pacific, Euroz and/or Credit Corp
(5) Dark Horses--The Reject Shop--- TRS and KME--Kip Mc Grath--KME also only buy when everyone is asleep and only on the dips....

Big welcome and regards to Tim (Best general advice, from experience I can give, is ONLY ever buy stocks as though you were buying the whole entire business---and ensure that the enterprise/Business has brilliant Sales/Marketing multi-pronged proven sales processes and sales-marketing Strategies--with multiple(10s and 100s of sales distributors/sales agents/sales outlets--whether wholesale or retail;and a broad sales Base of international/national sales channels to actually successfully bring Product to market 24/7.

Also only buy stocks in themselves, and at low discount prices that give you a nice serene peaceful good nights sleep that you can really be satsified with and truly enjoy and help you to rest nice and easy--life's too short for unnecessary stress and fretful worry over speculative gambles with hard earned capital, in my opinion!!!

So without further adieu; to all the Sharetrader Team including Oldrider--agree with you also on CSL just has to be money in supplying Blood !!--; Floyd, enigma,gerry and tracker(don't we just love you two amiable stooges!!);James K, thereslife, Kiwi, Dimebag, KD, elyob and all the gang and Watson and Gerry of course!!

cheers,

Robbo.

[quote]quote:Originally posted by Watson

TIM may I suggest the following:

1) do your own research.....
2) find out about the directors track record and financial performance.
3) Be comfortable with your decision
4)Seek advice from a reputable broker firm and ask for sound financial proof.
5) Look at expansion plans,of company, if prevalent.
6) Check debt to equity ratios to see if they have improved over the previous years
7) Evaluate earnings growth per share.
8) Study the "CASHFLOW REPORT" OF EACH COMPANY AS THIS IS THE MOST IMPORTANT PAGE OF A COMPANIES FINANCIALS......(it identifies a companies source and destination of their income.highly important)

Take a look at these ASX listed companies.

TIM (TIMBERCORP) LONG TERM UPTREND
MAP (MAQUARIE AIRPORT) LONG TERM UPTREND
NHR (NATIONAL HIRE) IN EXPANSION PHASE

Oh and one more thing....OPINIONS ARE LIKE AS*HOLES , EVERYBODY HAS ONE!! Cheers

[tracker]

you pompous dimwit
"Perhaps Traders know I am aboard and are starting to follow it.
You better let them know to behave themselves. But still, that will be in vain"
oh how highly you must consider your self
what a joke
tracker

[dingdong]

quote:Originally posted by tracker

oh how highly you must consider your self
what a joke
tracker


Stolwykos considers himself highly because he is indeed a deity of the sharemarkets. We are unworthy of his holy words of wisdom.

Don't listen to the taunts from these heathens, Stolwykos. You have a faithful disciple in me. Whatever you ramp, I shall blindly buy.

[stolwyk]

I expected that answer from Tracker. But I have been accused of ramping particularly in the early stage and traders do sense that as Miner and Enigma have both admitted.

Both apparently jumped aboard when they felt that there was money to be made.

It has nothing to do with my standing at all. I just follow the statements they made. They can now deny that of course.

Tracker, you have broken your word:
___________________________________

Posted - 16/07/2004 : 1:57:04 PM

gerry you have my absolute word/promise that I will never ever contact you personally (when u get to 100 I might send ya a telegram if thats ok
tracker
waste of space, and trading time
_______________________________________________

So much for Tracker's promises. They are meant to be broken. Tell Alpha that you broke a promise to me.

[tracker]

when did i contact you personally
I simply responded to an outrageous statement you made,
and as far as abdab is concerned his words "he is indeed a deity of the sharemarkets. We are unworthy of his holy words of wisdom."
somehow some up exactly what you think of yourself
as said pompous dimwit
have a great day and make some money
tracker

[tracker]

oh I get it now
this is stollis personal platform, thats how it works
geez and i thought this was a public forum
lol
tracker

[stolwyk]

So much for your promises, Tracker. You are a dimwit yourself if you don't understand what I was saying about statements made by Miner and Enigma about making money "following up my ramping".

Keep on breaking promises. I already expected that; you can't be trusted. Don't forget to tell Alpha that you broke a promise.

[James K]

Guys, I don't want to add flames to the fire, but an argument on a message Board, is an argument you can never win. While it can be an avenue to vent your spleen, it's better used when we each identify opportunities or risks, and thru that, perhaps we can all do a little better than if we traded and invested in isolation.

[miner]

JK we know we will never win with Gerry,we are just identifying "risk" as you suggest.

Cheers
Miner

[stolwyk]

It is you who is the troublemaker Miner. Why don't you face up to yourself just for once.

No need to pull in JK either.

Remember, you have no more say on this thread than anyone else.

[OutToLunch]

Oh for chrissake guys, take yer b loody bunfight somewhere else! This is as mundane as watching toddlers fight in a sandpit. [xx(]

Tim, I hope this doesn't put you off investing in ASX shares -- esp now as the high NZ$/A$ cross makes it much cheaper to buy them, all else being equal. I definitely recommend CIY for one, TNE for another (hold both). The beauty of the ASX is that there is soooo much more to choose from. :)

[miner]

Ok point taken OTL does get a bit that way so will give it a rest,see TNE has had a good run,enigma and I used to talk about that one.

Tim OTL is right there are heaps to choose from on the ASX with good volume,leaves NZX for dead.

Cheers
Miner

[Tim]

Thanks guys for your comments. Would are your recommendations like for the large companies like AMP, Telstra banks etc

Stolwyk please do not spread lies about me I know you are a Dutchman so can you not understand English. I said I will sell any stock you start to ramp because I don't want to get burnt when they crash. Yes I made a pile out of GDY but I sold Friday afternoon just after you first started to ramp it So get your facts right but in most cases you never do. Go back to your mates in the aussie chatrooms that you tried to introduce over here to help with your ramping.

[stolwyk]

Enigma,

Please stop repeating yourself. I have more worthwhile tasks to do than reading the nth version of your tale.

I don't have any Aussie mates "helping me with ramping". You have a vivid imagination. Stop lying.

Come to think of it, no doubt some would come if asked. But no, I stand on my own and am able to look after myself as you have noticed.

We do have a massive number of posters at HC; they don't all post at the same time but on an average day, we may have 300-350, sometimes more.

They just completed over 1000 posts sofar today and that is on the main site. There is also a busy second site + 2 more.


Gerry

Stolwyk go back and read your own posts or have you spent all night deleting the relevant posts when you asked them to come here when one of the australian sites was down. Sorry I do not record all your posts like you do so you can pick at other posters. It is amazing how short a memory you have when it suits you.

[stolwyk]

Enigma,

You are at a stage where you could develop into a stalker because of a bad decision on your part which of course you blame on to me.

I don't have a clue what closed Australian site you are talking about nor do I care.

If you must know I was attending business overseas. What kind of business? Please keep on fishing.

I have my own private life to lead and if I want to talk to someone in the US or anywhere else, that shouldn't concern you.

I strongly urge you to concentrate on the subject of this thread rather than on mudslinging.

I am a busy man; don't think that your posts will be answered, no matter how imaginative they are.

You may crave attention but sorry, I can't accommodate you.

Gerry

[floyd]

the funny thing is....these fights/arguements happen every 6 months or so and i have seen them on both ozestock and hotcopper........always involving the same person.

gets a bit boring after a while