Portfolio Update (06/07/19)

I sold Bigtincan Holdings Ltd (ASX:BTH) and bought more Blackwall Ltd (ASX:BWF) and BlackWall Property Trust (ASX:BWR) this week. I also purchased Chant West Holdings Ltd (ASX:CWL), a share I've had my eye on for a while. CWL has an enterprise value of $5 million and yesterday guided $0.8 million to $0.9 million EBITDA for 2019. The company primarily provides data on the superannuation industry and expects to benefit from increasing regulation requiring greater transparency. I am unsure to what extent CWL will benefit from this tailwind which held me back from buying stock in the past. However, in my view the current price assumes no improvement in operations so it is unlikely I will lose much whereas there is a decent chance of large gains.

AU Portfolio

ASX:AKG - 5.41%
ASX:BWF - 4.71%
ASX:BWR - 4.74%
ASX:CWL - 4.93%
ASX:DDR - 5.92%
ASX:DTL - 6.01%
ASX:EAS - 4.64%
ASX:FID - 5.34%
ASX:GAP - 5.04%
ASX:GOLD - 5.17%
ASX:HIT - 5.04%
ASX:JYC - 4.92%
ASX:KME - 9.76%
ASX:KOV - 4.96%
ASX:LBL - 6.04%
ASX:LYL - 5.55%
ASX:OTW - 4.44%
ASX:WLL - 4.69%

Cash - 2.69%

UK Portfolio

LON:AFX - 4.20%
LON:ASY - 5.21%
LON:AVON - 4.41%
LON:BMY - 4.38%
LON:CLIG - 4.48%
LON:CRL - 12.18%
LON:D4T4 - 6.31%
LON:EUSP - 7.56%
LON:EYE - 5.17%
LON:JDG - 5.39%
LON:OXB - 4.60%
LON:RFX - 5.05%
LON:SPE - 8.33%
LON:VTC - 4.19%
LON:WINK - 4.34%
LON:WJG - 4.10%
LON:XPP - 4.29%

Cash - 5.84%

Comments

  1. Have you ever taken a look at Tpc? It's a low quality stock in that it's just an energy retailer whose management rarely communicate, plus it's illiquid, but I can't help but feel it's way undervalued after a poor first half.

    ReplyDelete
  2. I held it once. Agree that it is a poor quality business. I wouldn't consider buying it anymore as I'm not confident is has a longterm future.

    ReplyDelete

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