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Top 10 NZX Picks
Heres your chance to spend someone else's money.
I'm going to set up another portfolio. Heres the criteria. Must be NZX. Be conservative to semi aggressive and offer some cash to pay the bills. So what are your picks (and this wont be taken as financial advice!). I'll be taking 10 and will update as the buys are made.
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10 is actually quite hard with most that fit your criteria being near top of value
I hold 4 of these. Maybe 5 soon
ARV
ATM
AWF
FLI
FPH
HBL
MCK
RBC
THL
TIL (wait for bottom)
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........................................PE ratio....................dividend yield..............today's share price.
AWF....................................14.17...... ...................6.33%.........................$ 2.56
HBL.....................................14.82..... ....................4.95%......................... $1.82
HLG......................................11.44.... ....................10.03%........................ $3.09
MEL.......................................38.17... .....................6.34%........................ .$2.935
NZM.....................................4.76...... ....................11.05%........................ .....86 cents
OCA...guessing.......................12........... ................3.5% to 4.55.......................96 cents
PGW.....................................9.6....... .....................6.38%........................ .......58 cents
SCL......................................14,41.... .....................5.26%........................ ...$3.42
THL......................................17.42.... ......................4.47%....................... ....$4.47
TRA......................................13.17.... ......................4.32%....................... .....$3.36
NB.I no longer hold AWF,HLG,NZM , PGW,or SCL,although I am a trustee of a trust, which still does,except for SCL.
I therefore hold five stocks.HBL,MEL,OCA,THL and TRA.MEL I brought at issue.I think every portfolio should have one power company,and as they are my power supplier I am happy to hold.Have always decided against buying more of them,as their pE is too high.
Last edited by percy; 13-09-2017 at 07:06 AM.
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Air
Thl
Fre
Mft
Skc
Rym
Vgl
Cbl
Only got 8, sorry
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I guess if you're looking to spread, which I guess you are, since 10 is a lot. I would suggest some banks. Also bad time to be buying. Anyway, my picks for things to watch (to buy lower):
ATM aggressive, too expensive
FPH aggressive, too expensive
RBD pricy but about fair, slightly expensive
ANZ. Can be cheaper but fair
WBC. As above
VHP conservative, growth
Thl cyclical, good dividend.
SCL bad buying at the moment, but I've to watch
SUM, good buying once labour get in. Expect a painful labour, brings good buying opportunities for the long haul.
Hbl, growth bank.
The only thing I'd be buying at the moment is SUM, but only if I believed that national were going to get in... And I don't. I'll be buying more when labor get in, providing I can ditch my ebo at the right price. Ebo is another safe bet, tiny growth, ok dividend, fair price at the moment if you HAVE to buy something.
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Suggest include one high risk penny stock with possibility of a big payday. Like BLT, CRP, PIL.
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Originally Posted by Lewylewylewy
since 10 is a lot.
10 does seem a lot but its a number I think will works well. In my early Equiticopr type/Judgecorp days I only had a few shares and did quite well out of them. Luck really as had to sell to buy property. Did no work just enjoyed the ride up.
Then I started to get a bit more cash and tried picking individual stocks. Not quite a day trader, did OK but found I was spending a lot of time daily on analysis and the gains were fine until I took the eye off the ball on some of the riskier ones and took a bath on occasion.
My own portfolio has 10 shares long held (it could have been 11 or 9 so not a magic number) and I have found it works much better as a set and forget type portfolio. I don't have to worry on a daily basis as I have stop losses (eg SKY) I keep an eye out of interest and do the analysis each month. It enables me to ride the individual highs and lows but the overall trend has been up
Interestingly of the companies listed so far on this thread only a few are in Portfolio One. This is going to be fun!
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Originally Posted by artemis
Suggest include one high risk penny stock with possibility of a big payday. Like BLT, CRP, PIL.
My Risk Fairy is chewing my ear so I might just have to do this. With 10 companies I can ride some turbulence.
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Originally Posted by Lewylewylewy
The only thing I'd be buying at the moment is SUM, but only if I believed that national were going to get in... .
Shopping starts post election. I'm in no hurry. Though there may be one or two that look too good to resist on the 22nd
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Member
Originally Posted by minimoke
Shopping starts post election. I'm in no hurry. Though there may be one or two that look too good to resist on the 22nd
MPG ... I'm buying some as soon as capital frees up!
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