Over the last few days I have bought more South32 (ASX:S32) on the back of their share price falling some 70c since the start of July and have an average holding price of 2.96. And I have added a new stock to my portfolio, Centrex (ASX:CXM). They are a newly producing phosphors rock miner in QLD and have other exploration prospects in potash, copper, lead, and zinc. Their main aim currently is to ramp up production at their phosphors mine and have a target of hitting 800k wmt p.a. and should be earnings, and cash flow positive within the next 18-mnths with profits to follow.
About the Author
Anton Crabbe
Hi my name is Anton and I have been investing in shares for over 10-years. I have completed a Masters of Applied Finance and worked in the share investment world for a period and this is where I met Elio and Chris and found my way to Stockopedia. I have a long-term fundamental investment approach which is heavily driven by ratio analysis. For me, ratio analysis cuts through the hyperverbal out there by the investment media, and the endless investment fads and flavour of the month stock. As such I mainly focus on Quality and Value; but since I have started using Stockopedia, I have started to incorporate more Momentum factors into my stock analysis. Outside of investing you will find me playing a bit of cricket and golf, or out doing a spot of fishing. more »
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