asx gambling 10 bagger stocks?

[JBmurc]

http://www.mining.com/this-aussie-mi...lders-in-gold/


RSG holders of more than 5k shares with a perth mint account can have their divi paid in gold

[Well Endowed]

only 2 have fallen on that list atm, & some pretty decent rises across the board.!

[Valuegrowth]

Thank you for keeping this thread lively. Eventually we should be able to find more than 10 bagger stock. The Bull Market isn't over yet for more than 10-20 bagger stocks and strong stocks.

[Joshuatree]

Oi better than it looks, some decimal places don't do your picks justice

[heisenberg]

Updated and corrected:

Well folks still looking for my tenbagger

24/3/16 to 2/9/16

AEV 17c to 23c
AVH 11c to 10c
BPF 39c to 29c
BRN 21c to 13c
CDY 1.9c to 3.2c
EDE 9c to 22c
EMC 33c to 79c
FBR 2c to 5c
MEB 22c to 37c
NMT 32c to 34c
OSL 17c to 13c
PAC $4.9 to $4.2 (are we at the bottom yet??)
RGP 7.8c to 6.5c
SPL 65c to 68c
WBA $1.15 to $1.23

So, a mixed bag. Of these I only bought into CDY, EDE - still wishing I had gotten in early on EMC.
Only other ASX stock I delved into and didn't include here was PGC, purchased mid-April at 55c today up to 81c.

Interestingly, Thomas Bulkowski analysed all of the tenbaggers in the US stock exchange from 1992-2007, and although it is based on US data and there are obvious limitations in applying it to our markets, this is what he found

• Almost half (41%) of 10-baggers take a full 5 years to complete.
• 55% of the samples had a starting price below $5, but only 2% were below $1.
• The first year is when 10-baggers rise most.
• 77% were small caps. Market cap is shares outstanding times the current stock price.
• Half the samples had a price to book value below 1.5.
• Capital spending decreased 59% of the time from the year before the 10-bagger began.
• 35% of the time, the stocks had price to cash flow below 1.0.
• 91% of the stocks did not pay dividends.
• 77% had long term debt.
• Net profit, P/E ratio, and ROE are almost meaningless when searching for 10-baggers (because many companies were unprofitable).
• 53% of the stocks had price to sales ratios below 1.5
• 51% had return on equity below 12%.
• The number of shares outstanding climbed in 84% of the samples.
• Which industries had the most 10 baggers? Semiconductors (first), home builders (second), internet, and semiconductor capital equipment.

[Joshuatree]

EDE is now 21.5c not 2.2c
EMC is now 77.5c not 7.9c
NMT is now 34.5 c not 3.4c HAND !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!HAND

[heisenberg]

EDE is now 21.5c not 2.2c
EMC is now 77.5c not 7.9c
NMT is now 34.5 c not 3.4c HAND !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!HAND

Oh cheers for picking up on that! (Post night shift zombie brain)

Ive correct the figures in the op. EMC looking even more impressive.... Sigh

[Joshuatree]

MEB 36c prob others wrong too will leave it to you.Some excellent choices including MEB.

[Joshuatree]

It sure is a ripper atm.Some event in china has pushed up the price of coal. Coal stocks not an option for me these days ; its fingered as one of the many causes of Global Warming a dirty fuel,thanks KT anyway.

[kiwitrev]

It sure is a ripper atm.Some event in china has pushed up the price of coal. Coal stocks not an option for me these days ; its fingered as one of the many causes of Global Warming a dirty fuel,thanks KT anyway.

SMR is currently a pure coking coal play, as everyone knows used in steel making not energy polluting. Every human living in the civilised world lives with and uses product made with steel, buildings, cars appliances etc. so we need to get rid of the hype and start treating the different types of coal as different animals.