CALZALOL Posted April 27, 2016 Author Report Share Posted April 27, 2016 MGC Pharmaceuticals executed a binding Heads of Agreement to acquire Czech-based PANAX Pharma 1,000 m2 of growing space for cannabisSurely a capital raising will be forthcoming @Jimmy Quote Link to comment Share on other sites More sharing options...
malloy Posted April 27, 2016 Report Share Posted April 27, 2016 2 hours ago, CALZALOL said: MGC Pharmaceuticals executed a binding Heads of Agreement to acquire Czech-based PANAX Pharma 1,000 m2 of growing space for cannabisSurely a capital raising will be forthcoming @Jimmy I think this was one of the companies Tesla and I were looking at 6 months ago. IIRC it was one of the companies that looked like it would be best positioned to take advantage if MM was legalised for all of Australia. That being said we didn't look into it and other similar companies too heavily. Though the other one that took my interest was AusCann who from memory looked like they were taking steps towards an IPO. Depending on whether there are restrictions on importing AusCann could be interesting. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted April 27, 2016 Author Report Share Posted April 27, 2016 13 minutes ago, malloy said: I think this was one of the companies Tesla and I were looking at 6 months ago. IIRC it was one of the companies that looked like it would be best positioned to take advantage if MM was legalised for all of Australia. That being said we didn't look into it and other similar companies too heavily. Though the other one that took my interest was AusCann who from memory looked like they were taking steps towards an IPO. Depending on whether there are restrictions on importing AusCann could be interesting. Ah okay AusCann are conducting a backdoor listing, see TWH Quote Link to comment Share on other sites More sharing options...
Tesla Posted April 27, 2016 Report Share Posted April 27, 2016 (edited) On 26/04/2016 at 0:51 PM, Jimmy said: Mentioned that ETF a while ago in here. The bounce back is a lot futher away than I thought at the time and is still a while away yet. The bounce back has happened What are you expecting? $80 a barrel? Those days are gone. Don't get me wrong, Saudi Arabia is putting in work, starting BS wars in the middle east and what not, but that shit doesn't have much of an effect any more. Neither will it be as big a deal as it used to when they decide that OPEC is going to restrict supply. Guess all the sunni terrorists will have to find a new source of income with Saudi Arabia not being able to afford to fund them any more. UAE and Qatar not doing well either these days. RIP terrorism. Edited April 27, 2016 by Tesla Quote Link to comment Share on other sites More sharing options...
strider Posted April 27, 2016 Report Share Posted April 27, 2016 (edited) 7 hours ago, CALZALOL said: Ah okayAusCann are conducting a backdoor listing, see TWH Worked with AusCann briefly. The managing director is probably the nicest figure in Australian business today. They had internal conflicts though. Not sure how they've progressed since December 2015. Edited April 27, 2016 by strider 1 Quote Link to comment Share on other sites More sharing options...
strider Posted April 28, 2016 Report Share Posted April 28, 2016 auscann heating up lads @CALZALOL wink wink 1 Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 3, 2016 Author Report Share Posted May 3, 2016 (edited) Worth shorting the ASX 200 to coincide with Federal Budget release tomorrow? Or RBA board meeting today @ 2:30? (BEAR.ASX or BBOZ.ASX)LMAO Just as well I didn't Edited May 3, 2016 by CALZALOL Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 10, 2016 Author Report Share Posted May 10, 2016 IPE Limited is probably something to look at for income investors Quote Link to comment Share on other sites More sharing options...
strider Posted May 15, 2016 Report Share Posted May 15, 2016 On 10/05/2016 at 10:17 AM, CALZALOL said: IPE Limited is probably something to look at for income investors Calza how many different stocks are in your portfolio? What industry do you gravitate towards? Personally I have 5 solid "dividend" stocks (banks etc) and 2 spastic holdings (jetpack company etc lol) I really, really want to get into Pharma but I get lost in it all Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 15, 2016 Author Report Share Posted May 15, 2016 (edited) 8 hours ago, strider said: Calza how many different stocks are in your portfolio? What industry do you gravitate towards? Personally I have 5 solid "dividend" stocks (banks etc) and 2 spastic holdings (jetpack company etc lol) I really, really want to get into Pharma but I get lost in it all I currently have 4 different holdings. Only recently have I just re-balanced and simplified my holdings and as a result I have two solid dividend stocks, one high yield dividend but risky stock and one future high growth stock that has just recently been suspended pending an announcement of funds coming in (see if you can find out which company that is ). I have a pretty diverse portfolio in regards to the sectors (ie. Fossil fuels & Renewable Energy, A Bank & Accounting firm), but have tended to gravitate towards financials and energy. As you may have seen, I got in on the MXC train which ended up being a crazy pump and dump but I made a decent profit but not as good as if I had of reacted quicker Edited May 15, 2016 by CALZALOL Quote Link to comment Share on other sites More sharing options...
Tesla Posted May 16, 2016 Report Share Posted May 16, 2016 23 hours ago, CALZALOL said: I currently have 4 different holdings. Only recently have I just re-balanced and simplified my holdings and as a result I have two solid dividend stocks, one high yield dividend but risky stock and one future high growth stock that has just recently been suspended pending an announcement of funds coming in (see if you can find out which company that is ). I have a pretty diverse portfolio in regards to the sectors (ie. Fossil fuels & Renewable Energy, A Bank & Accounting firm), but have tended to gravitate towards financials and energy. As you may have seen, I got in on the MXC train which ended up being a crazy pump and dump but I made a decent profit but not as good as if I had of reacted quicker Do you mean something like Xero or do you actually mean an accounting firm? Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 1 hour ago, Tesla said: Do you mean something like Xero or do you actually mean an accounting firm? Nope, I mean Countplus Ltd (CUP) which is essentially a holding company of accountancy firms. Bought purely for the dividend yield (approx. 12%). Also due to it paying dividends quarterly. Quote Link to comment Share on other sites More sharing options...
malloy Posted May 16, 2016 Report Share Posted May 16, 2016 29 minutes ago, CALZALOL said: Nope, I mean Countplus Ltd (CUP) which is essentially a holding company of accountancy firms. Bought purely for the dividend yield (approx. 12%). Also due to it paying dividends quarterly. I think you might be wrong on it being a 'holding company' of accountancy firms. From my understanding it acts more like a franchise. Not that it really matters though. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 (edited) 2 minutes ago, malloy said: I think you might be wrong on it being a 'holding company' of accountancy firms. From my understanding it acts more like a franchise. Not that it really matters though. Bit of technicality that but I'm fairly sure that it is a 'holding company' as I do remember reading it whilst doing research on it. As you said it doesn't really matter though EDIT: Edited May 16, 2016 by CALZALOL For confirmation Quote Link to comment Share on other sites More sharing options...
malloy Posted May 16, 2016 Report Share Posted May 16, 2016 11 minutes ago, CALZALOL said: Bit of technicality that but I'm fairly sure that it is a 'holding company' as I do remember reading it whilst doing research on it. As you said it doesn't really matter though EDIT: Have a look on their site. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 5 minutes ago, malloy said: Have a look on their site. It is very hard to say as they hold equity in the firms and from what I have read in the annual report do not charge 'franchise fees' to the firms, yet in the annual report and throughout the website, Countplus refers to the firms as 'members' instead of a subsidiary or similar. Countplus also refers to itself as 'a professional services aggregation network' which also seems like a franchise. Again, it's pretty trivial but I'm glad you are interested (for want of a better word) in the topic, and I do enjoy the discussion nonetheless. Quote Link to comment Share on other sites More sharing options...
malloy Posted May 16, 2016 Report Share Posted May 16, 2016 6 minutes ago, CALZALOL said: It is very hard to say as they hold equity in the firms and from what I have read in the annual report do not charge 'franchise fees' to the firms, yet in the annual report and throughout the website, Countplus refers to the firms as 'members' instead of a subsidiary or similar. Countplus also refers to itself as 'a professional services aggregation network' which also seems like a franchise. Again, it's pretty trivial but I'm glad you are interested (for want of a better word) in the topic, and I do enjoy the discussion nonetheless. Lol. Now I am gonna have to read the financial reports. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 (edited) 10 minutes ago, malloy said: Lol. Now I am gonna have to read the financial reports. Upon reading the financial report, Countplus now refers to the 'member firms' as subsidiaries. "Subsidiaries of subsidiaries" Edited May 16, 2016 by CALZALOL Quote Link to comment Share on other sites More sharing options...
malloy Posted May 16, 2016 Report Share Posted May 16, 2016 (edited) 10 minutes ago, CALZALOL said: Upon reading the financial report, Countplus now refers to the 'member firms' as subsidiaries. "Subsidiaries of subsidiaries" Yeah I saw that. I apologise I believe I was wrong. All their 'members' do appear to actually be subsidiaries. On their site they make mention of a network of 20 members. The notes to the financial accounts list out 20 members. Furthermore note 6 doesnt show any revenue that could be construed as franchise fees and the large majority of revenue derived is from accounting and financial services. Edited May 16, 2016 by malloy Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 1 minute ago, malloy said: Yeah I saw that. I apologise I believe I was wrong. All their 'members' appear to actually be subsidiaries. On their site they make mention of a network of 20 members. The notes to the financial accounts list out 20 members. Furthermore note 6 doesnt show any revenue that could be construed as franchise fees and the large majority of revenue derived is from accounting and financial services. No need to apologise at all! It was a good discussion. I do agree their use of the word 'members' is rather confusion not explained very well, and I did notice that with note 6 however did expect to see a minor revenue source "hidden" away in the financial report, that of franchise fees. Quote Link to comment Share on other sites More sharing options...
malloy Posted May 16, 2016 Report Share Posted May 16, 2016 5 minutes ago, CALZALOL said: No need to apologise at all! It was a good discussion. I do agree their use of the word 'members' is rather confusion not explained very well, and I did notice that with note 6 however did expect to see a minor revenue source "hidden" away in the financial report, that of franchise fees. Not so much confusing more ambiguous (as members of a company are its shareholders when in this case it is the other way around) and inconsistent with how most other large accounting firms/networks are structured (albeit not listed) and would refer to their 'member firms'. Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 16, 2016 Report Share Posted May 16, 2016 MXC still a good stock. Loading up $15,000 with CR. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 16, 2016 Author Report Share Posted May 16, 2016 28 minutes ago, Jimmy said: MXC still a good stock. Loading up $15,000 with CR. Must admit, I am considering getting back in on this Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 18, 2016 Author Report Share Posted May 18, 2016 (edited) AVL is looking very good Definitely worth some research this one Edited May 18, 2016 by CALZALOL 1 Quote Link to comment Share on other sites More sharing options...
strider Posted May 18, 2016 Report Share Posted May 18, 2016 FLK might be worth looking at -- property 1 Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 18, 2016 Report Share Posted May 18, 2016 On 15/05/2016 at 1:12 PM, strider said: I really, really want to get into Pharma but I get lost in it all MGC Pharmaceuticals Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 22, 2016 Author Report Share Posted May 22, 2016 Is it too early to call a lithium mining boom? Quote Link to comment Share on other sites More sharing options...
malloy Posted May 24, 2016 Report Share Posted May 24, 2016 Surprised no one has mentioned MXC is on a trading halt since yesterday. 1 Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 24, 2016 Report Share Posted May 24, 2016 5 hours ago, malloy said: Surprised no one has mentioned MXC is on a trading halt since yesterday. Love this buisness. Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 25, 2016 Report Share Posted May 25, 2016 11 hours ago, Jimmy said: Love this buisness. Nice $6,000 paper profit over the last two days of actual trade. Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted May 25, 2016 Author Report Share Posted May 25, 2016 1 hour ago, Jimmy said: Nice $6,000 paper profit over the last two days of actual trade. Be careful, MXC is being pumped by Day Traders on Hot Copper Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 25, 2016 Report Share Posted May 25, 2016 4 minutes ago, CALZALOL said: Be careful, MXC is being pumped by Day Traders on Hot Copper Was I not the one that pointed out MXC is a big pump and dump to you? This was while you were talking about spooked buyers or something. I'm across this stock. 1 Quote Link to comment Share on other sites More sharing options...
Jimmy Posted May 30, 2016 Report Share Posted May 30, 2016 MXC's cosmetic lines have received approval from the drug boards of Europe, USA and Canada in the last month or so. With distribution agreements in place in Europe and USA and something similar with Canada surely around the corner. Going properly international. 1 Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted June 9, 2016 Author Report Share Posted June 9, 2016 EDE (Eden Energy) something to look at with a perspective for the future Quote Link to comment Share on other sites More sharing options...
strider Posted June 22, 2016 Report Share Posted June 22, 2016 Fuck it. Took $5k out of some stocks to fund a mid-Jan trip to Dubai & Abu Dhabi. **insert quote about only travel makes you richer** inb4 I start a business in Dubai. I will remember you all. (Have middle east citizenship) Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted June 23, 2016 Author Report Share Posted June 23, 2016 5 hours ago, strider said: Fuck it. Took $5k out of some stocks to fund a mid-Jan trip to Dubai & Abu Dhabi. **insert quote about only travel makes you richer** inb4 I start a business in Dubai. I will remember you all. (Have middle east citizenship) I submit my EOI to become a shareholder of said business 1 Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted July 25, 2016 Author Report Share Posted July 25, 2016 Just a little update 1 Quote Link to comment Share on other sites More sharing options...
strider Posted July 25, 2016 Report Share Posted July 25, 2016 9 minutes ago, CALZALOL said: Just a little update 1 Quote Link to comment Share on other sites More sharing options...
CALZALOL Posted July 25, 2016 Author Report Share Posted July 25, 2016 1 minute ago, strider said: I wish Quote Link to comment Share on other sites More sharing options...
Tesla Posted July 25, 2016 Report Share Posted July 25, 2016 I still maintain my theory on gambling vs financial markets. Quote Link to comment Share on other sites More sharing options...
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