Interview with David Lamm of NGE Capital Ltd (ASX:NGE):
David Lamm, Executive Chairman and Chief Investment Officer of NGE Capital Ltd (ASX: NGE), a 10foot holding, recently agreed to an interview. I’m grateful and appreciative that he took the time to answer the questions of a very small shareholder. Before I get into that, there is obvious potential for an anonymous entity (me) to spruik …
Quarterly Report December, Q2 FY18
The December quarter’s gone and the 10foot portfolio is finally starting to move in the right direction, albeit still lagging the market quite badly. I am now around 64% invested and have 36% of the portfolio in cash. Here’s my performance for the quarter just gone vs my primary index, the XNT. I am up …
10Foot Presents: If-
I was hoping to have my December quarterly review out this weekend. I was also hoping to make some progress on either my deep dive on Mongolian stocks or my look at Blue Sky Alternatives (ASX: BLA). I did, but nothing’s ready to publish yet. Instead I did this: If- If you can keep your …
Dongfang Modern Agriculture
I started looking at Australian-listed Chinese company Dongfang Modern Agriculture (ASX: DFM) more closely after I stumbled across its loan announcement yesterday. Agriculture is well outside my area of expertise, but if I understand the business model correctly, there are a few potential warning signs I’ve spotted (all figures are in AUD unless specified otherwise): Margins …
A curious set of incentives at Probiotec
My position in Probiotec Limited (ASX: PBP) has ripped higher over the past few months, up over 100% since I bought it in June. This has given me a problem and funnily enough I’m more concerned about being up 100% on Probiotec than I was being down 70% on RNY Property Trust (ASX:RNY), my first loser. …
You should write a blog
I would like to see more investors blogging about their investments. And although I’m new to blogging, I’ve learned a stack about it this year and I wanted to package up some stuff I’d wish I’d known a year ago to make it easier for those who are thinking about starting. Blogspot, WordPress, or Hosting? …
The risks in Trimantium Growthops
I came across the Trimantium Growthops upcoming IPO recently. It is a consulting business whose listing process reminds me of National Vet Care (ASX: NVL) and Automotive Solutions Group (ASX: 4WD) in that it involves getting agreements from a list of business owners, raising the funds for IPO, and then using the IPO funds to acquire the …
Getswift and Amazon
Topical subject. Getswift Ltd (ASX: GSW) put out a barebones release announcing a deal with Amazon ($AMZN) on Friday morning, before being suspended by the ASX and instructed to prepare a more informative update – probably because shares were up over 100% at one point. The subsequent more informative update was emphatically not more informative, but I’ll get …
10foot Scuttlebutt: December 2017 edition
It’s the holidays. Here’s some stuff in the markets I’ve seen or thought recently, and in place of analysis, I have inserted pictures. Enjoy. Trimantium Growthops I wrote about Trimantium Growthops a few weeks ago, an IPO which seems to have hit a snag – it was supposed to start trading on the 18th of …
Buyer Beware
The bottom end of the ASX is a bad place to be. There is a huge party going on at the moment and it’s happening at the expense of household investors. I wanted to write something that I hope household investors (of which I am one) will find useful. My usual disclaimer applies here, I am …
