Australian Shares Sparty's Blog
Comments on this blog should never be taken as investment advice
Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.
Main Forum•Hunting undervalued elephants
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I like dividing resources by market caps as an initial tool to spot an under valued elephant. I like really large deposits with really low market caps. I then look at grades, cash and exploration potential.
At the moment I have found four wildly undervalued elephants and I have added them to my 35+ companies.
(Why so many companies.... well when you play the explorer-speccies you have to expect a few to do badly... so spread the risk.)
Here are my four undervalued Elephants: AEE - uranium, RWD - potash, UCL - phosphate and ATR - zircon and heavy mineral sands.
I own all four and I have finished buying so do your own research as I might just be ramping. -
Update:
Currently my four unloved elephants are doing quite well....
AEE up 40% RWD up 135% UCL up 66% MAK down 20%
