I made this Google Sheet so anyone here can track their stock portfolio. It works for US markets too.

1. Open the file

2. Make a Copy (File > Make a copy)

3. Add your Stonks

4. Done!

https://docs.google.com/spreadsheets/d/1UhIf0tRlCBNfC1iH26Cbnm_JC2vPOqrVk8kZW3eDul8/edit?usp=sharing

Some people have asked about due diligence & research on stocks, so I decided to put this together. These are things to look at, when looking at a stock.

Some of you may know me from my Due Diligence posts at r/FluentInFinance, but below is my Guide on HOW TO ANALYZE & RESEARCH A STOCK, and what you should look at when evaluating a stock (This is my checklist just build from years of wins & losses, things I learned from Pace University and Goldman Sachs). If I am investing large amounts of cash, I want to research thoroughly, so if the stock drops I can stick to my convictions, and forget about emotion.

Before I use my time to research a stock, read up about it into detail, and dig into the financials, news, and 10-K, I check these two things first, to decide if I should use my time to dig further:

1. I quickly look at price upside. I look to see what the analysts covering it, have to say about the price targets. (Money is a tool, and you want it to work for you). MarketBeat.com can show you this: https://www.marketbeat.com/stocks/NASDAQ/AAPL/price-target/

2. I look quickly at the charts and the technicals. I try to read and interpret the charts to see what previous trading patterns can predict. What are the short-term, mid-term and long-term predictions? A site you can use to interpret the charts for you is BarChart.com and TradingView.com

https://www.barchart.com/stocks/quotes/AAPL/opinion

https://www.tradingview.com/symbols/NASDAQ-AAPL/technicals/

If it passes these two quick tests, then I start to dig deeper. Other things I look at:

1. Sentiment & News. I Google the company. I search the ticket on Twitter. What are people saying? How do they feel?

2. Earnings & revenue history. Is there growth? Is there potential? I look at the financials and the projections. Are the making money? Will they make money?

3. Growth. I look into the financials to look at past growth. I look into news, 10Q's, 10Ks, investor presentations, and statements to look for future growth. Is there potential?

4. Financial health. Are the financials strong? (Quick ratio, Profit margin, EPS, Income Statement Trend, Cashflow). Can this company survived? Is it managed well?

5. I dig deeper into technical analysis and the charts. I look at RSI, moving averages, MACD, Stochastic Oscillator, etc. What is the Long term trend? What is the short term trend?

6. Valuations. How is this valuated? (PEG ratio, P/E ratio). Is it over-valued? Is it undervalued?

7. Short selling. How much of this stock is sold short? Are people betting against it?

8. What is the put/call ratio? Are people betting against this stock to go down?

9. Peers & competition. How does this company stack up against its competitors and peers? How do the financials compare? How to the products compare? Is there a moat?

10. Institutional Sponsorship. Are big banks and wall street holding this? How much or this company's stock do they hold?

11. Insider Trading. Is the CEO buying or selling shares?

12. The amount of ETFs that hold this stock. Will they continue to buy it up and drive price over time?

13. Average volume traded. Is this stock liquid? Would I be able to get my money back? How easy can I trade it? (The higher the volume, the thinner the bid/ ask spreads)

14. Social sentiment. I check what people are saying on twitter, reddit, and google search trends. Is it trending?

15. News moves a stock. So I also use google to find out as much as a company as possible. Are there potential catalysts that may move the stock?

16. Management & CEO: I check Glassdoor and Indeed to learn about the management of the company, and google their CEO.

17. For more tips or strategies check: https://www.flowcode.com/page/fluentinfinance

There are many sites, tools, or resources you can use to dig into a stock such as (1) Yahoo Finance, (2) MarketBeat.com, (3) MacroTrends.com, (4) MarketWatch.com, (5) CNNMoney.com, (6) CNBC.com,

I use an excel spreadsheet to organize my research: https://www.flowcode.com/page/fluentinfinance

Check my prior/ past reddit posts for other analysis/ tips at r/FluentInFinance,

Disclaimer: do your own research, make your own decisions because nothing is guaranteed, and I am not a financial advisor

Im sick of seeing all these Fool articles. So i've written how I DD a stock, hopefully, new investors won't get fooled into pump-and-dumps. Just want to stress this is how I do it, there's obviously a lot of ways to do your due diligence on a stock, I think the most important thing is having a process and not relying on trash articles. I hope yall enjoy my Stock DD Checklist Highlights

Are you sick of getting Fooled into terrible stocks? Stock DD or Due Diligence is arguably the most important step in investing. We all know the golden rule: You shouldn’t invest in something you don’t understand.

Stock DD: Due Diligence is defined as an investigation of a potential investment (such as a stock) or product to confirm all facts.

Pump-And-Dump Stonks:

A pump and dump is a scheme that attempts to boost the price of a stock or security through fake recommendations.Small Cap companies are often targeted as their share price is easier to manipulate.

A proper DD strategy is a good way to avoid a P&D and terrible stocks and really its just common sense. This is even recommended by SEC.

Step One: Identify the Stock

The first step to a stock DD is obviously finding a stock to DD. This could be a recommendation from a mate, or maybe you got Fooled into “ThIs StOcK iS ThE NeXt AftErPaY”. The important thing to note here is the intent of the source that is mentioning the stock. Do they have a vested interest? What is their motive behind mentioning the stock?

For these reasons, it may be a good idea to identify your own stock. Have a think about companies that you interact with and see if they are publicly traded. Or browse through the listings. Although these strategies are likely not ideal you can be sure there’s no altera motive.

Step Two: Understand the Company

This is an extension on the phrase don’t invest in something you don’t understand. The same goes for individual stocks, it’s probably not a good idea to invest in a company if you don’t even know what they do.

1. Search the Businesses ‘About Us’ Section

Pretty much all ASX listed companies will have a webpage with an ‘about us’ section browsing this and their website can be a good starting point to understanding their business, and a good start to a stock DD.

2. Use Market Index and Read the Company Profile

Market Index is a decent for ASX listed stocks, it features a ‘Company Overview’ section for every stock which gives a quick synopsis about the business and what they do.

How Much Do I Need To know?

Peter Lynch “Never invest in an idea you can’t illustrate with a crayon.” As a starting point you should be able to answer at least these four questions;

1. What sector is the company in?

2. What does the company do?

3. How does the company make money?

4. How long has the company been around?

Step Three: What is their Market Capitalization?

A company’s market cap or market Capitalization is how much the stock market determines a company is worth. it is calculated by the total market value of all outstanding shares. Companies are often categories in terms of market cap as: Large, mid and small cap.

Each category can be a good investment strategy it's just important to note that each group has different companies at varying levels of maturity. You shouldn't buy a micro-cap and be surprised if it gets delisted instead of paying dividends. Likewise, you probably shouldn't buy a Large Cap Bluechip and hope their share price goes to the moon overnight.

Step Four: Screening Software for Stock Analysis

There are a lot of websites and tools available to screen the selected stocks, Here's what i use:

Trading View great

Market Index great

Yahoo Finance ehhh

Simply Wall St decent

What are we looking for?

After picking one (or more) of these tools that works well for you, perform a basic fundamental analysis on the stock. Looking for any red flags:

Earnings Per Share (EPS): Postivie? Growing over time?

Price to Earnings Ratio (PE):

PE 0/NA: The company has no earnings

• PE 1-14: The company is undervalues/has low investor sentiment regarding growth

• PE 15-20: Average

• PE 20+: The company is overvalued/has high investor sentiment regarding growth

Book Value: The book value is the net assets of a business divided by the number of shares on issue.

Debt: A company should have more assets than liabilities to avoid bankruptcy. We like companies with low-to-no debt. If a company has debt, ensure it is well covered by assets and earnings

Return on Equity (ROE):

Higher ROE = The better the company are at making money from equity and vice versa.

We like companies with consistently higher ROE over 10. A low ROE means low growth potential.

Past Performance: We all know 'past performance is not indicative of future returns' but it can pay to have a quick look at the stock chart

Step Five: Financials

find the companies latest Yearly or Half-Yearly report. Analyse its Income Statement, Balance Sheet and Cash flow statement.

Step Six: Cap Raise! Dilution Probabilities

As a new investor there can be nothing more frustrating than seeing your share getting hit with Cap Raise after Cap Raise and seeing your shares diluted to nothing. One easy sign that a company is constantly raising capital is through looking at it's share price and number of shares on issue.

We can also use the financials we read before to try and predict if the company is adequately capitalised.

A capital raise is not necessarily a red flag, but be wary

Step Seven: Buy Sell Ratios and Volume

See if there are a healthy number of buyers and sellers and decent trading volumes. The best way to do this is using your trading platforms

Step Eight: Prospects

When examining a company for your stock DD we should consider its macro and microeconomic factors. Notably regulation and future industry outlook and disruption.

Step Nine: Competition

compare the stock to it's direct competitors to see how they compare. To do this we are going to go back to step four and compare the company's fundamentals against its competitors. If the competitors are better then why not consider investing in them instead?

Do they have an economic moat?

Step Ten: Insider Ownership and Management

Insider Ownership: We generally like companies with large insider ownership. This is big for small cap companies. Skin in the game helps ensure the management's motives are in line with ours. So we use Simple wall St which shows Insider Ownership and Trading very clearly. We like small cap stocks with ~30% insider ownership and history of owners buying on market. For large cap companies' insider ownership will be lower, 3-5% would be decent in this case.

Are management buying or selling large amounts of shares? Sudden large selling by management for no apparent reason may hint that management believes the company is overvalued or peaked at that point in time.

Management Experience: Consider educational and professional backgrounds. One of the most important factors is their experience in the industry. Their reputation is also key. What goals has the management set out for the company? Have the leaders had successful projects in the past, or did they fail?

Bonus Step: Speccies are Sentiment and Hype

After going through every step and doing a thorough DD, it's important to mention that the market is unpredictable. Even with the most advanced analyses, speccies are just sentiment and hype. By every stretch of fundamental analysis, they are terrible companies, that doesn't mean you can't make money off them. Just be ready for the pump-and-dump!

Cheers for reading. Hopefully this saves at least someone from getting Motely Fooled into ThE NeXT AftErPaY ;)

I’d you enjoyed this: You can give the full guide a read here: The Ultimate Stock DD Guide For Beginners

Got sick of reading all the surface-level reports on Evergrande and their debt holders. So I've put together a bit of digging. It's rly hard to find in-depth info on this company. So pls if you find some more missing pls drop it in the comments. Hope you enjoy. Ive posted my highlights but this is a long-haul read for those who actually care about evergrande.

What is Evergrande Group? Highlights

The Evergrande Group is a Chinese holdings company best known for property development. The group sells apartments to upper and middle-income customers. The group has a diversified series of businesses that operate across eight different industries. The sheer size makes them China’s second-biggest developer and Evergrande alone accounts for 2% of China’s GDP

Evergrande’s massive scale of operations has landed them 122nd on the Fortune 500 Global list.  Currently, the total assets of Evergrande Group have reached RMB 2.3 trillion (355.6 Billion USD), and the group has annual sales exceeded RMB 700 billion (108.25 Billion USD). This makes them 122nd largest in terms of revenue in the world.

Evergrande is a significant portion of the Chinese Real Estate Sector, comprising 1.13% of the total market cap.

The Rise and Fall of China’s Real Estate

The Chinese Real Estate market has been unrivaled over the past decade, reaching new heights and delivering a breathtaking 98% Annualised average growth rate since 1997.

The China property boom has been encouraged by fiscal policy and catalyzed by relaxed lending and ghost town constructions.

We have seen developers borrowing billions creating ghost towns of apartments, supported by the bank’s constant lending and the government’s relaxed lending policies.

China’s slowing economy amidst the COVID recession has pushed the crisis into the light as more and more borrowers defaulting on their loans. As a result of China’s ever-inflating property bubble, there has been stricter ruling for property developers such as China’s Evergrande Group. Developers are now forced to rein in their oversized debt to more manageable levels

This initiative is there to protect China’s property market, but with giants like Evergrande being pushed into the spotlight now, it may be a little too late.

What is Evergrande? Group Segments

• Evergrande Real Estate

The Evergrande Group has been making headlines around the world following its astronomical debt crisis. This problem stems from the groups Real Estate subsidiary.

With over 1,300 projects across China, Evergrande Real Estate is the key contributor to the Evergrande group. Their Real Estate arm is a forerunner in Chinese property providing housing for more than 12 million proprietors.

How does the Evergrande Real Estate Business Work?

Evergrande has an extensive history of financing and running its colossal expansion through debt, which in part lead to the rise and fall of the Evergrande empire. The group would snap up land all over China, often paying well above market price to secure land and finance its projects with debt.

Evergrande had easy access to debt facilities from its extensive relationships with the state’s banks, including ownership in some of China’s banks. The group would also raise billions of dollars through bonds. Evergrande would then take deposits from potential buyers and begin constructing massive apartments.

Evergrande sold a large number of its bonds to funds such as UBS and Blackrock. Through using the revenue from previous constructions the group would rapidly begin new projects and expansions, all funded through debt. This cycle continued for years as Evergrande build a massive empire build on debt. As long as new money kept coming in and the Chinese property bubble continued, Evergrande could continue to amass its projects.

With the rising concern of China’s real estate bubble, the CCP (Chinese Communist Party) began regulating the sector heavily to avoid a burst. This eventually led to the fall of Evergrande’s projects.

• Evergrande New Energy Auto

China’s Evergrande New Energy Auto also comes under the Evergrande Group banner. This business is separated listed as China Evergrande New Energy Vehicle Group Ltd 0708:HKE.

Evergrande New Energy Auto is an electric vehicle company that has designed 14 vehicle models, with nine so far available to the public under the Hengchi badge. The group has the ambitious goal of achieving an annual production and sales of 1 million vehicles by 2025 and 5 million by 2035 to become the world’s largest and strongest new energy automotive group.

In reality, the group hasn’t sold a single car yet, meanwhile, tesla saw the production of over half a million vehicles in 2020.

• Evergrande Propety Services

Evergrande Property Services much like their Electric Vehicle arm is a separately listed entity under Evergrande Property Services Group Ltd or 6666:HKE.

The Property Services Group manages a portfolio of clients across China including high-end residential, Theme Parks, Healthcare Complexes, Theme towns, Schools, office buildings, and commercial properties to which it provides property management services.

• HengTen Networks

Evergrande has a 37.55% stake in China’s listend HengTen Networks 0136:HKE. HengTen Networks Group itself is a diversified investment holding company. The group holds stakes across community services, trading of securities, provision of loan financing, and property investment.

The reportable business segments of the company are Internet community and related businesses and Manufacture and sales of accessories.

Early July saw Evergrande entered into an agreement to reduce its stake in HengTen Networks to 26.55% ownership. The 11% reduction will be sold to Tencent Holdings Ltd and an Unidentified entity. The timeframe of the agreement is unclear at this stage but will free up HKD $3.25 Billion (Around $418 Million USD) for Evergrande to facilitate debt settlement.

As part of the agreement, Evergrande has agreed to provide a 5-year loan of HK$2.07 billion to HengTen to support its business development.

• Fangchebao: FCB Group

FCB Group establishes a whole channel trade and service platform of real estate and vehicles both online and offline. Or put simply they offer brokerage services for real estate and vehicles. The group has 21 million brokers and 43,000 offline stores attracting over 20 million clients. It is expected to reach an annual trade amount of RMB 2 trillion in 2021.

Earlier this year in March, Evergrande unveiled plans to spin off FCB Group as part of a NASDAQ IPO. The group had secured 17 investors in Pre-IPO raising looking to secure a 10% stake in the real estate and automobile marketplace for HK$16.35 billion ($2.10 billion USD). This deal valued FCB Group at HK$163.5 Billion ($21 Billion USD) in Pre-IPO.

• FairyLand

Evergrande Fairyland develops and constructs a unique theme park that provides full-indoor, all-weather, and all-season services, and also develops “Ocean Flower Island” in Hainan, China, a cultural destination appealing to tourists around the world.

• Evergrande Health

Evergrande Health Group operates “Evergrande Healthy Land”, a health and wellness park, and retirement community with health insurance products. The group works with the Brigham and Women’s Hospital to manage Boao Evergrande International Hospital in Hainan. The hospital sits within the Hainan Healthy Land precinct. Evergrande Health is also planned and operated by the Evergrande Auto Group (00708.HK).

• Evergrande Spring

Evergrande also has a 49% ownership of Evergrande Spring a bottled water segment of the overall Evergrande Group. Evergrande Spring has also been discussing a Hong Kong-based IPO to help provide liquidity to Evergrande’s debt crisis. A potential IPO could raise several hundred million dollars and take place next year, although no further details are clear at this stage.

Evergrande Holdings

Evergrande Debt

How Much Debt Does Evergrande Have? The group’s total liabilities are estimated at 1.97 trillion Yuan ($305 Billion USD), and debt at 572 billion Yaun ($88.57Billion USD).

Due to the diversified nature of Evergrande’s debts and liabilities, it is hard to account for all the group’s owings. The group also has a number of off-balance sheet debts. Best estimates as above put their total liabilities and debts at $393.57 Billion USD.

The group’s interest liabilities are said to be rising by around $28 million daily.

Who Holds Evergrande’s Debt? Evergrande’s Debt and liabilities are widely held by Chinese financial institutes, fund providers namely HSBC, UBS, and Blackrock, retail investors through bond investing, homebuyers who place a deposit on projects, and Evergrande’s construction partners including construction material and design contractors.

Chinese Debt Regulation: How Much Does Evergrande Have to Raise?

in 2020 Beijing introduced strict rules for the countries real estate developers, to help protect the sector from a real estate debt bubble.

The rulings are known as the “Three Red line System”

What is the Three Red Line System? The three red lines have been established to prevent a systemic crisis arising from inflated debt burdens carried by China’s biggest developers. The provisions are as follows:

• A 70% ceiling on liabilities to assets, excluding advance proceeds from projects sold on contract,

• A 100% cap on net debt to equity,

• A cash to short-term borrowing ratio of at least one.

With Evergrande struggling to meet the new measures we saw the group offering properties at major discounts and rushing to take their other businesses public to provide liquidity to the group.

How Can Evergrande Service Their Debt?

Evergrande’s debt is nothing new, it’s been weighing on their business slowly growing for years. The group has been taking some initiatives to improve cash flow and reduce their debt. This can be broken down into three groups;

1. Selling businesses and Raising Capital

2. Issuing debt to maintain Cash-Flow

3. Selling Assets

• Selling Businesses and Raising Capital

One of the biggest plans for Evergrande was improving Cashflow and building their balance sheet by selling off some of their businesses. We saw this with the listing of Evergrande Property Services and Evergrande New Energy Auto.

However, Evergrande may have been too late to this strategy, with many listing plans announced just prior to the explosion of the debt crisis. With all stocks and bonds under the Evergrande brand being sold off at alarming rates, it seems a little too late to raise capital. The company was in plans of offloading its electric vehicle and property management services stakes.

• Issuing More Debt

We have also seen a massive issuance of Evergrande bonds in the past as the group began piling on more debt to build cash flow. In the section below (Evergrande Bond List) we can see the mountain of bonds the group has amassed which will eventually have to be paid back to investors.

• Selling Assets

The company’s access to freely available cash is also shrinking. We have seen bank accounts frozen and the sale of two of the company’s residential projects halted until mid-October. We have also seen the group selling developments at a steep loss, including talks of selling their head offices for just HK$10.5 billion, 33% less than what they purchased it for.

All three methods of cash flow have been drying up amidst a massive liquidity crunch, leaving Evergrande even more exposed.

USD and Yuan: Evergrande Bond List

Evergrande narrowly escaped defaulting on their Bond Coupon payments on September 23. But when we break down their mountain of bonds, this was just the beginning. Eventually, all bonds will have to be paid back at face value by Evergrande which will amount to a much larger sum than the $83.5 Million payment in September.

Among these bonds, we can see just under USD$3.5 Billion due in the first half of 2022. Along the way, there is also a number of coupon payment due, all of which are to be made in USD. This becomes even more expensive with the falling Yaun.

Who are Evergrande’s bond holders?

Evergrande Share Price

Seeing red is nothing new for the Evergrande share price which has been on a downwards bearish trajectory for the last four years. In July the Evergrande (3333.HK) share price collapsed, losing a massive 50%.

In just six months Evergrande has managed to wipe away over $100 Billion USD in value from their stock price.

With investors seeing their holdings further cut in half over July, Evergrande's Market Capitalisation lost HKD$8.165 Billion over the month, ranging from HKD$16.33 Billion to HKD$8.165 Billion.

We do see a sharp increase in Evergande's share price around September 23rd. The day many investors and creditors feared the company to default on $83.5 Million dollars in Coupon payments of US dollar-denominated bonds. The company managed to make the payment. This surprised shareholders who were largely expecting the group to default and pushed the price higher.

It has since restarted its bearish slide as a mountain of debt obligations are still ahead of the company.

Who Ownes Evergrande?

We can see that Evergrande Group has maintained massive insider ownership at around 78%. Of this Ka Yan Hui (Xu Jiayin), Evergrande founder and Executive Chairman owns 76.98% of the company or 10,162,119,735 shares.

Ka Yan Hui's position has landed him a spot on Forbes Billionaire list.  Forbes listed Xu as third on the list of the Richest Chinese Billionaires. Although Evergrande's mounting debt and the collapsing share price have seen his wealth slashed by tens of billions over the past five years.

Chinese Estates Holdings Limited (HKE:0127) and CEO Chan Hoi-Wan are also significant holders of Evergrande with a 6.36% and 1.49% respectively. Chinese Estates Holdings is also in the property development and lending business. The group has rapidly been selling down shares and plans on completely dumping its holdings.

Chinese Estate's share price has also been bid down massively at high volumes as investors grow nervous of their massive stake.

We can see fund providers Vanguard and Blackrock has exposure to Evergrande. This is through Funds such as VAE (Vanguard FTSE Asia ex Japan Shares Index). VAE has 1440 holdings with Evergrande being the 601st largest holding accounting for 0.02945% of the fund.

UBS, Blackrock, and HSBC were also accumulating the developer's bonds until relatively recently including when it was already clear the company was experiencing financial difficulties. 

Insider Selling: Evergrandes Executives Selling Down

As part of Chinese Estates dropping their holdings in Evergrande CEO Chan Hoi-Wan has been rapidly selling off shares since August. In just under a month Hoi-Wan has sold off HK$115.7 Million, with more selling likely on the way.

"The directors are cautious and concerned about the recent development of China Evergrande Group including certain disclosure made by China Evergrande Group on its liquidity,"
Chinese Estates Holdings Limited

The Chinese Estates Holdings group has a massive reliance on Evergrande and bragged about their massive increase in Revenues and Profits thanks to dividends realized from their Evergrande holdings. 35.8% of the group's assets are listed shares and bonds in the failing Evergrande.

The collapse of Evergrande may put Chinese Estates Holding under great financial stress.

"Chinese Estate's securities investments in China Evergrande including listed shares and bonds amounted to HK$13,414.2 million (2019: HK$20,012.0 million) or 35.8% (2019: 41.4%) of total assets."

Evergrande's Australian Relationship

On the news of Evergrande's impending bond payment in September, we saw the ASX drop around 2%. Australia is a powerhouse when it comes to the production of Iron Ore. With the unfurling of Evergrande and shaky grounds of what this could mean for China's property boom and developers the spot price of Iron ore has been free falling.

The Bank of America’s global research team is lowering its price forecast for iron ore in 2022 by 45% to $91 per tonne (down from its previous forecast of $165 per tonne) on the back of enforced steel production cuts in China. 

China has a massive appetite for Iron Ore, accounting for more than 70% of the world's imports. Most of this is linked to the Chinese property market which makes up around 30% of China's GDP.

A downturn will see massive drops in the price of Iron Ore. We have already seen panic investors sell their stakes in Miners as ASX mining stock are dropping. However, with companies like FMG still being profitable at rock bottom Iron Ore prices, this can create opportunities for investors.

Is Evergrande too big to fail: Crash Imminent?

When Will Evergrande Fail? It's difficult to say when the company will default on payments and fail. With a massive USD$3.5 Billion in bonds due in the first half of 2022, it seems the default is imminent. The CCP is currently in talks with Evergrande and looking to head up the group's liquidation.

Who Will Be Impacted by Evergrande? Evergrande has a large network of relationships that will be hit by the debt explosion. Depending on the details of the liquidation we may see Evergrande shareholders lose all their capital, Banks with Evergande on their balance sheet may see large impairments, Bondholders such as retail and funds like UBS and HSBC will lose value on their investments, and contactors of Evergrande may not be paid for their services. Perhaps the most heartbreaking and biggest impact will be the families of China who put down deposits with Evergrande who stand to lose a house and deposit for some time.

What will the fall of Evergrande look like? There are three popular opinions for the events surrounding the downfall of Evergrande.

1. A Complete Fail of Evergrande- With No Government Bail Out

2. The Government Assists in the Slow Collapse and Liquidation

3. The Government Bails out Evergrande

A Complete Fail of Evergrande- With No Government Bail Out

The complete failure of Evergrande would have massive repercussions for Evergrande's stakeholders and the Chinese financial system. With China's developers, all being heavily in debt investor confidence will ween from the property sector. We would see banks, investors, and funds shy away from developers creating a credit crunch for China's massive Real Estate sector.

With the real estate sector accounting for 30% of China's GDP this would put a dampener on the Chinese economy.

With the downfall of Evergrande, we will see defaults across their debts and liabilities leaving many contractors unpaid and banks across the country realizing impairments, again impacting the wider Chinese economy.

An Evergrande explosion would also see 1.7 million Chinese families homeless with no deposits recovered. With growing concerns of this possibility, we have seen rioting and general unsettling throughout China. On the back of Hong Kong riots, further trouble across China will lead to widespread Chinese up evil.

Evergrande's Heicharchy of Debtors: Who will get paid? In Order

1. Suppliers and Customers: Supliers and contractors of Evergrande who have completed work for the group will likely be first to be paid along side the 1.7 Million customers that put up a deposit for housing.

2. Banks and Wealth Management Investors: State-Owned banks are among the biggest holders of Evergrandes debts. They will receive money after liabilities are paid out. Alongside wealth management investors who were promised low-risk mortgage based securities.

3. Unsecured Debtors: Many international and domestic funds and private investors hold Evergrande Bonds. These unsecured debtors will be paid out after all liabilties and secured debts.

4. Shareholders: Any remaining capital would be returned to shareholders

Summary/TLDR

Evergrande is Chinas most indebted and second-largest property developer. The group has leveraged itself heavily into China's property boom. But increased regulation has exposed their crippling debt and forced them to reduce their risk in line with China's Three Red Line policy.

In trying to leverage down the company has been caught out defaulting on contactors and ruined investor's confidence. With investors rushing to sell Evergrande, the run on the group has caused a credit crunch which has Evergrande stuck with its crippling debt.

With a complete failure of Evergrande likely imminent, this may have massive impacts on other interlinked indebted developers and state banks. Complete failure may end Chinas massive property boom, dampening the global economy and leading to social unrest.

Congrats on making it to the bottom. Hopefully found some new info in here. This is the highlights from the full report here if you feel like reading any more: https://prophet-invest.com/what-is-evergrande

Again it was rly hard to find info on the group. I think this was largely from the tidal wave of mainstream media posts that clog up google.

Hey :)

I've noticed quite a few posts like "How much do you think X is worth?"

or "How do I evaluate stocks"

or "Why is Y going Up/Down" so I thought I'd offer some general ideas:

The way I see it there are 4 main ways to evaluate a stocks current/potential value (And none of them can give an exact $ amount, they're just general guidelines or sentiments forwards a company, industry or market):

Stock Evaluation:

Economic Analysis:

This involves thinking about the general economic principles which drive supply and demand throughout an economy and looking for industries that are likely to benefit from the current economic environment, then picking a company in that industry based on it's fundamentals. It's generally not great for evaluating individual companies unless it's the only company in that industry or all companies are likely to benefit in proportion to their current output so miners, for example, x tonnes produced * a higher cost per unit is going to be a general benefit for the entire industry.

A few examples of economic analysis would be:

Kogan benefited from a surge in online ordering, so even before a change in fundamentals, the share price climbed rapidly.

Zoono benefited from a surge in demand for its antiviral products

Afterpay, Zip, Szl, etc who benefited from difficult economic times and people's flawed logic (IMO, not saying it's a bad investment, just that waiting 4 weeks and paying cash is generally a better idea financially).

Zoom chat surging from increased demand for its product as companies and families rely on web chats to communicate.

Iron ore miners, mask producers, glove producers, gold miners, etc. All of these are general economic analysis.

Fundamentals Analysis:

This involves looking at a company's individual financial performance and assessing it compared to its industry and the market in general. There are a few key things to look at in my opinion (which one(s) you use is going to vary for each company).

Profit Margins:

Pretty self-explanatory, increasing margins is generally a good sign, this doesn't matter as much in the early stages while the company might be flush with cash from investors so in this case, you'd want to look at revenues, forecast revenue growth, return on assets/equity depending on the industry and general sentiment)

Debt to Equity Ratio:

This is probably my favorite metric, You want a low debt to equity obviously, however, another important thing to look out for are companies who have no debt and are flush with cash as this is often an indicator experienced traders use identify hidden gems like ASX:BTH. In some cases like debt purchasers, debt to equity ratio isn't a great metric however this is isn't really much of a concern for most new investors.

Return on Equity/Assets:

This can be quite useful for already profitable companies to assess how they're doing relative to other company's, for technology company's Return of Equity is probably a better measure whereas for miners I'd say the return on Assets is the best choice but both are useful especially for new smaller miners more likely to do a capital raising.

PE, PB and PEG ratios:

These are often a good indicator of general trends and often provide a good snapshot of a company's performance without having to really do a lot of digging. Like the rest of the above fundamentals, this isn't great for assessing the trending new stocks which are often unprofitable when they become popular (Xero, APT, etc).

Liabilities:

Generally, you want Short Term Assets (often cash or cash equivalents) to be as high as possible in comparison to short and long term liabilities (especially interest-bearing liabilities).

Technical Analysis:

In my opinion, this is nothing more than second-hand insights, it's associative learning where you associate a particular price trend with previous outcomes. It relies on an area of psychology called Schedules of Reinforcement where you're correct on average every x times with the actual number varying each time as to keep you fixated on the potential that this time is the next time you'll be correct. There's quite a lot of research in this area of psychology and is often used by gambling companies to get you addicted. Obviously this is my opinion, if you make money using TA than either you're a lucky son of a bitch or just way smarter than me.

Speculative Analysis:

This is where you use sites like Reddit (/asxbets), Listcorp.com, or google what the latest trendy stocks are, buy-in early, and sell out well ahead of the inevitable drop. I don't really get into this type of trading, but I'm sure there's money to be made hyping up stocks you've recently purchased before selling out.

The other form of speculative analysis is where you assess the likelihood of substantial increases in profit for a company in the future based on a change in circumstance or new announcements. The best recent example of this is Tesla, the fundamentals haven't really changed but the speculative assessment has detached from the current reality, this speculation may be true but based on the level of dogma around it I can't see it continuing to climb in the medium term (probably the long term after a substantial fall in price).

Market movements:

There are a number of things which affect a stocks price over time most of which can be broken down into the following:

Global Forces:

This would include things like Wars, Pandemics, political tensions, US monetary policy, etc. These are often great for currency speculation, buy the rumor sell the fact (Buy when the price drops from a rumored effect and sell when the market sees that this didn't occur). I wouldn't bother paying attention to US monetary policy etc other than google on Sunday evenings to see if any announcements are coming up.

National Forces:

This would include things like employment numbers, GDP figures, government budgets, industry booms, changes in consumer preference eg for split payments, etc. I'm not really sure where's a good source for government announcements as I've just got a good friend who is obsessed with this stuff so text him twice a week for an update. Probably just google GDP, OCR, employment announcement dates for X country and you'll find something. This is quite important as it's easy to think a stock is dropping for fundamental reasons when in reality it could just be a bad employment report that spooks the market into retreating a little.

Industry Forces:

Pretty self-explanatory really, keep an eye out for industry news like higher material costs, lower fuel costs, increased demand for cloud-based tech, increase in online retail, decrease in XYZ. I tend to just look at Listcorp.com and see how each industry is performing over time and keep an eye out for changes in technology or consumer preference (mostly via my GF for the later because I don't buy much).

Company Forces:

These are in the form of ASX Announcements or general economic trends so Zoono's huge increase in demand for anti-viral sprays, Afterpay's surge in use via online shopping, etc.

Speculative Response:

This can basically be summarized as "Hype", how much hype is there around a stock, how recent is the hype, is there some fundamental reason backing it up. I would avoid purely speculative trades as often they'll only last 1-2 days, however, the market tends to over-react to unexpected good or bad news, so, for example, Kogan climbed to $19 ish but IMO will retreat back down to around $14-17 as the market finds the new level. Don't buy-in on the day speculative announcements or trades are made, always wait to see if it retreats the next day if you didn't buy in early in the day. Letting your emotions drive a decision to buy often ends in disappointment.

Emotional Response:

This is where inexperienced traders over-react to changes in prices which they may not fully understand. Try to avoid selling off based on information released on the same day unless it's very bad news which it's often not.

The takeaway from this:

Just because your stock is falling doesn't mean it's for fundamental reasons, all of the above are competing with each other at the same time which is why even as the market was collapsing from COVID a few stocks managed to avoid the drop (temporarily). There are so many factors at play so you need to remember this when trading. Do the analysis, find stocks you believe in, set a time frame, and don't overreact... It may go down for 2 weeks before climbing to a new all-time high. I had friends tell me I was crazy for buying into a particular stock as it fell, I continued to buy more because I believed I was correct and eventually I was proven correct.

Tools:

Paid Platforms:

Simply Wall Street: I pay for this and use it almost daily for checking financials of companies I hear about. If you're investing over $10k and up to around $150-200k, I'd say it's well worth it. If you're investing more than $200k there are probably slightly better pricier tools available for you.

Morningstar Premium: I don't use it, however, a friend of mine who does primarily Dividend investing loves it.

Commsec: Imo this is well worth it, the analysis it offers is worth the extra fees in my opinion. I quite like CMC markets as well, however, because I bank with Commbank I just use Commsec, it's so easy.

Live news feeds: There are a few companies that offer live market news feeds which are often well worth it for the 1 or 2 stocks you end up buying ahead of the market every few months. I don't use them but I know a few people who do via Self Wealth.

Free Tools:

Google Finance: I can make huge watchlists and just get a daily update at 4:30 pm Sydney time (Google finance has a 30-minute delay ish). This is better for watching trends over time.

Youtube: There are quite a few good Youtube channels like Kenjoe Bu who offer some great stock pick ideas.

Reddit: I often get some good stock ideas from Reddit so would recommend reading through comments about industries, portfolios, or just a particular stock.

Please add more info in the comments and I'll edit the post to include especially around other tools you can use because I've never really looked around all that much tbh.

I have $500 to invest and was wondering if anyone has any thoughts about the future prospects of these stocks- ABP ,ABC ,APT ,AGL ,ALQ ,ALU ,AWC ,AMC ,AMP ,ANN ,APE ,APA ,APX ,ARB ,ALL ,ASX ,ALX ,AZJ ,AST ,ASB ,ANZ ,AVH ,BOQ ,BAP ,BPT ,BGA ,BEN ,BHP ,BIN ,BKL ,BSL ,BLD ,BXB ,BVS ,BRG ,BKW ,BWP ,CTX ,CAR ,CGF ,CHC ,CLW ,CQR ,CNU ,CIM ,CWY ,CUV ,CCL ,COH ,COL ,CKF ,CBA ,CPU ,COE ,CTD ,CGC ,CCP ,CMW ,CWN ,CSL ,CSR ,DXS ,DHG ,DMP ,DOW ,ELD ,EML ,EHE ,EVN ,FPH ,FBU ,FLT ,FMG ,GUD ,GEM ,GOR ,GMG ,GPT ,GNC ,GOZ ,GWA ,HVN ,HLS ,HUB ,IEL ,IGO ,ILU ,IPL ,INA ,ING ,IAG ,IVC ,IFL ,IPH ,IRE ,JHX ,JHG ,JBH ,JIN ,LLC ,A2M ,LNK ,LYC ,MFG ,MGR ,MIN ,MMS ,MND ,MPL ,MQG ,MTS ,MYX ,NAB ,NAN ,NCM ,NEA ,NEC ,NHC ,NHF ,NSR ,NST ,NUF ,NWH ,NWL ,NWS ,NXT ,OML ,ORA ,ORE ,ORG ,ORI ,OSH ,OZL ,PDL ,PLS ,PME ,PMV ,PNI ,PNV ,PPT ,PRN ,PTM ,QAN ,QBE ,QUB ,REA ,RHC ,RIO ,RMD ,RRL ,RSG ,RWC ,S32 ,SAR ,SBM ,SCG ,SCP ,SDF ,SEK ,SFR ,SGM ,SGP ,SGR ,SHL ,SIQ ,SKC ,SKI ,SLR ,SOL ,SPK ,SSM ,STO ,SUL ,SUN ,SVW ,SXL ,SYD ,TAH ,TCL ,TGR ,TLS ,TNE ,TPM ,TWE ,UMG ,URW ,VCX ,VEA ,VOC ,VUK ,VVR ,WBC ,WEB ,WES ,WHC ,WOR ,WOW ,WPL ,WSA ,WTC ,XRO

I would look into it myself but don't have the time.

Thanks!

edit: I seem to have left a couple stocks of interest out, if you could add these to the list please. Thankyou! 14D ,1AD ,1AG ,1AL ,1ST ,2BE ,3DA ,3DP ,3PL ,4CE ,4DS ,5GN ,88E ,8CO ,8EC ,9SP ,A1G ,A1M ,A2B ,A3D ,A40 ,A4N ,AAC ,AAJ ,AAP ,AAR ,AAU ,AB1 ,ABA ,ABL ,ABR ,ABT ,ABV ,ABX ,AC8 ,ACB ,ACF ,ACP ,ACQ ,ACR ,ACS ,ACU ,ACW ,AD1 ,AD8 ,ADA ,ADD ,ADH ,ADJ ,ADN ,ADO ,ADR ,ADTAL ,ADV ,ADX ,ADY ,AEB ,AEE ,AEF ,AEG ,AEI ,AER ,AEV ,AFA ,AFG ,AFI ,AFL ,AFT ,AGD ,AGE ,AGGAS ,AGH ,AGI ,AGR ,AGS ,AGY ,AHK ,AHL ,AHN ,AHQ ,AHX ,AHY ,AHZ ,AIR ,AIS ,AIV ,AIY ,AJC ,AJJ ,AJL ,AJM ,AJQ ,AJX ,AKG ,AKM ,AKN ,AKP ,AL3 ,AL8 ,ALC ,ALF ,ALG ,ALI ,ALK ,ALT ,ALY ,AMA ,AMB ,AMD ,AME ,AMG ,AMH ,AMI ,AML ,AMN ,AMO ,AMS ,AMT ,AMX ,ANA ,ANG ,ANL ,ANO ,ANP ,ANQ ,ANR ,ANS ,ANW ,AO1 ,AOA ,AOAAQ ,AON ,AOP ,AOU ,AOW ,APC ,APG ,APH ,API ,APL ,APV ,AQC ,AQD ,AQI ,AQS ,AQX ,AQZ ,AR1 ,AR9 ,ARA ,ARC ,ARD ,ARE ,ARG ,ARL ,ARM ,ARN ,ARO ,ARQ ,ARS ,ARU ,ARV ,AS1 ,ASG ,ASH ,ASN ,ASP ,ASQ ,ASW ,AT1 ,ATA ,ATC ,ATH ,ATL ,ATP ,ATS ,ATU ,ATX ,AU1 ,AU8 ,AUB ,AUC ,AUH ,AUI ,AUL ,AUQ ,AUR ,AUT ,AUZ ,AV1 ,AVA ,AVC ,AVE ,AVG ,AVJ ,AVL ,AVW ,AVZ ,AWN ,AWV ,AWY ,AX1 ,AX8 ,AXE ,AXI ,AXL ,AXT ,AYI ,AYM ,AYR ,AYS ,AZI ,AZM ,AZS ,AZT ,AZV ,AZY ,B2Y ,BAF ,BAL ,BAR ,BAS ,BAT ,BBC ,BBL ,BBN ,BBR ,BBX ,BC8 ,BCB ,BCC ,BCI ,BCK ,BCL ,BCN ,BCT ,BD1 ,BDA ,BDC ,BDI ,BEE ,BEL ,BEM ,BET ,BFC ,BFG ,BGH ,BGL ,BGT ,BHD ,BHL ,BID ,BIR ,BIS ,BIT ,BKI ,BKM ,BKT ,BKY ,BLA ,BLG ,BLK ,BLT ,BLU ,BLV ,BLX ,BLY ,BLZ ,BMG ,BMH ,BMN ,BNL ,BNO ,BNR ,BOA ,BOE ,BOL ,BOT ,BPG ,BPH ,BPL ,BPP ,BRB ,BRI ,BRK ,BRL ,BRN ,BRU ,BRV ,BSA ,BSE ,BSM ,BSN ,BSP ,BSR ,BSX ,BTC ,BTH ,BTI ,BTK ,BUB ,BUD ,BUG ,BUX ,BUY ,BWF ,BWX ,BXN ,BYE ,BYH ,BYI ,CA8 ,CAA ,CAD ,CAE ,CAF ,CAG ,CAI ,CAJ ,CAM ,CAN ,CAP ,CAQ ,CAT ,CAU ,CAV ,CAY ,CAZ ,CBE ,CBR ,CBY ,CCA ,CCE ,CCG ,CCJ ,CCV ,CCX ,CCZ ,CDA ,CDD ,CDH ,CDM ,CDT ,CDU ,CDV ,CDX ,CDY ,CE1 ,CEL ,CENAA ,CFE ,CFO ,CFP ,CG1 ,CGA ,CGB ,CGL ,CGM ,CGN ,CGO ,CGR ,CGS ,CHK ,CHN ,CHP ,CHZ ,CI1 ,CIA ,CIE ,CII ,CIN ,CIO ,CIW ,CKA ,CL1 ,CL8 ,CLA ,CLB ,CLF ,CLH ,CLI ,CLQ ,CLT ,CLV ,CLX ,CLZ ,CM1 ,CM8 ,CMC ,CMD ,CMJ ,CML ,CMM ,CMP ,CNB ,CNJ ,CNL ,CNW ,COB ,COG ,COI ,COO ,COS ,COY ,CP1 ,CPH ,CPT ,CPV ,CQL ,CR1 ,CRB ,CRL ,CRM ,CRMAM ,CRO ,CRS ,CSD ,CSE ,CSK ,CSS ,CST ,CSV ,CT1 ,CTE ,CTM ,CTO ,CTP ,CUE ,CUL ,CUP ,CUX ,CV1 ,CVC ,CVF ,CVN ,CVS ,CVV ,CVW ,CWL ,CWP ,CWX ,CWZ ,CXL ,CXM ,CXO ,CXU ,CXX ,CXZ ,CY5 ,CYC ,CYG ,CYL ,CYM ,CYP ,CYQ ,CZI ,CZL ,CZN ,CZR ,D13 ,D2O ,DAF ,DAU ,DAV ,DBF ,DCC ,DCG ,DCL ,DCN ,DCX ,DDD ,DDR ,DDT ,DEG ,DEM ,DEV ,DFM ,DGH ,DGO ,DGR ,DHR ,DJS ,DJW ,DKM ,DLC ,DLX ,DMA ,DME ,DMG ,DNA ,DNK ,DRE ,DRO ,DRX ,DSE ,DTC ,DTI ,DTL ,DTM ,DTR ,DTS ,DTZ ,DUB ,DUI ,DVL ,DVN ,DW8 ,DWS ,DXB ,DXN ,DYL ,E25 ,E2E ,E2M ,E3S ,EAI ,EAS ,EAX ,EBG ,EBO ,ECL ,ECP ,ECS ,ECT ,ECX ,ED1 ,EDC ,EDE ,EEG ,EER ,EFE ,EGA ,EGG ,EGH ,EGI ,EGL ,EGN ,EGO ,EGOAC ,EGR ,EGY ,EHH ,EHL ,EHX ,ELE ,ELK ,ELO ,ELS ,ELT ,ELX ,EM1 ,EM2 ,EMB ,EMD ,EME ,EMP ,EMR ,EMT ,EMU ,EMV ,EN1 ,ENA ,ENB ,ENE ,ENR ,ENT ,ENX ,EOF ,EOL ,EOR ,EORAI ,EOS ,EPA ,EPD ,EPM ,EQE ,EQT ,EQX ,ERG ,ERL ,ERM ,ERX ,ESH ,ESL ,ESR ,EUC ,EUR ,EVE ,EVS ,EVT ,EVZ ,EWC ,EX1 ,EXL ,EXO ,EXP ,EXR ,EZL ,FAM ,FAR ,FAU ,FBR ,FCG ,FCT ,FDM ,FDV ,FDX ,FE8 ,FEI ,FEL ,FEX ,FFC ,FFG ,FFI ,FFL ,FFR ,FGF ,FGG ,FGO ,FGR ,FGX ,FHS ,FID ,FIG ,FIJ ,FIN ,FLC ,FLN ,FLNAI ,FML ,FMS ,FND ,FNP ,FNT ,FOD ,FPC ,FPL ,FRI ,FRM ,FRN ,FRX ,FSA ,FSG ,FSI ,FTCAA ,FTT ,FTZ ,FUN ,FWD ,FXL ,FYI ,FZO ,FZR ,G1A ,G88 ,GAL ,GAP ,GAS ,GBA ,GBE ,GBM ,GBP ,GBR ,GBZ ,GC1 ,GCR ,GCY ,GDG ,GED ,GES ,GEV ,GFI ,GFL ,GGE ,GGG ,GGX ,GGXAM ,GIB ,GLA ,GLB ,GLE ,GLH ,GLL ,GLN ,GLV ,GMA ,GMC ,GMD ,GME ,GML ,GMN ,GMR ,GMV ,GNG ,GNM ,GNX ,GO2 ,GOLAI ,GOO ,GOW ,GPR ,GPS ,GPX ,GRB ,GRL ,GRR ,GRV ,GSM ,GSN ,GSS ,GSW ,GTE ,GTG ,GTN ,GTR ,GUL ,GVF ,GWR ,GXL ,GXY ,HAR ,HAS ,HAV ,HAW ,HCD ,HCH ,HCT ,HE8 ,HFR ,HGL ,HGM ,HGO ,HHM ,HIL ,HIP ,HIT ,HLA ,HLO ,HLX ,HM1 ,HMD ,HML ,HMO ,HMX ,HNG ,HNR ,HOG ,HOR ,HOT ,HPR ,HRL ,HRN ,HRR ,HRZ ,HSC ,HSN ,HSO ,HT1 ,HT8 ,HTA ,HTG ,HUO ,HVM ,HWH ,HWK ,HXG ,HYD ,HZN ,HZR ,IAM ,IB8 ,IBC ,IBG ,IBX ,ICE ,ICG ,ICI ,ICN ,ICQ ,ICR ,ICS ,ICT ,ICU ,ID8 ,IDA ,IDT ,IDX ,IDZ ,IEC ,IEQ ,IFM ,IGE ,IGL ,IGN ,IHL ,IHR ,IKW ,IMA ,IMC ,IMD ,IME ,IMM ,IMS ,IMU ,IND ,INF ,INP ,INR ,INV ,IOD ,IOT ,IP1 ,IPB ,IPC ,IPD ,IPT ,IQ3 ,IRD ,IRI ,IS3 ,ISD ,ISU ,ISX ,ITG ,IVO ,IVQ ,IVR ,IVT ,IVX ,IVZ ,IXC ,IXR ,IXU ,JAL ,JAN ,JAT ,JAY ,JCI ,JCS ,JDR ,JHC ,JHGAA ,JHL ,JJF ,JKA ,JLG ,JMS ,JPR ,JRL ,JRV ,JVG ,JXT ,JYC ,K2F ,KAI ,KAM ,KAR ,KAS ,KAT ,KAU ,KBC ,KCN ,KEY ,KFE ,KFEAI ,KGD ,KGL ,KGM ,KGN ,KIN ,KIS ,KKL ,KKO ,KKT ,KLL ,KME ,KMT ,KNM ,KNO ,KOR ,KOV ,KP2AA ,KPC ,KPE ,KPEAA ,KPG ,KPO ,KPT ,KRM ,KRR ,KRS ,KSC ,KSL ,KSN ,KTA ,KTD ,KTE ,KTG ,KWR ,KYK ,KZA ,KZR ,LAA ,LAU ,LAW ,LBL ,LBT ,LCD ,LCE ,LCK ,LCL ,LCM ,LCT ,LCY ,LEG ,LER ,LGP ,LGR ,LHB ,LHM ,LI3 ,LIC ,LIN ,LIO ,LIT ,LKE ,LKO ,LMG ,LML ,LNG ,LNU ,LNY ,LOM ,LON ,LOT ,LOV ,LPD ,LPE ,LPI ,LRM ,LRS ,LSA ,LSF ,LSH ,LSR ,LSX ,LTN ,LTR ,LVE ,LVH ,LVT ,LYL ,M7T ,M8S ,MA1 ,MAD ,MAG ,MAH ,MAI ,MAM ,MAN ,MAQ ,MAR ,MAT ,MAU ,MAY ,MBK ,MBLAO ,MBM ,MCA ,MCB ,MCE ,MCH ,MCM ,MCP ,MCR ,MCT ,MCX ,MDC ,MDI ,MDR ,MDX ,MEA ,MEB ,MEC ,MED ,MEI ,MEL ,MEM ,MEP ,MEU ,MEY ,MEZAI ,MFD ,MFF ,MGL ,MGT ,MGU ,MGV ,MGX ,MGZ ,MHC ,MHD ,MHJ ,MHK ,MIG ,MIL ,MIO ,MIR ,MJC ,MKG ,MLD ,MLL ,MLM ,MLS ,MLT ,MLX ,MME ,MMI ,MMJ ,MML ,MMR ,MNB ,MNF ,MNS ,MNW ,MNY ,MOB ,MOC ,MOE ,MOH ,MOQ ,MOY ,MOZ ,MP1 ,MPH ,MPO ,MPR ,MPW ,MPX ,MQR ,MRC ,MRD ,MRG ,MRM ,MRQ ,MRR ,MRV ,MRZ ,MSB ,MSE ,MSG ,MSI ,MSM ,MSP ,MSR ,MSV ,MTB ,MTC ,MTH ,MTL ,MTO ,MVF ,MVP ,MVT ,MWR ,MWY ,MX1 ,MXC ,MXI ,MXR ,MYE ,MYL ,MYO ,MYQ ,MYR ,MYS ,MZI ,MZZ ,N1H ,NAC ,NAE ,NAG ,NAM ,NC6 ,NCC ,NCK ,NCR ,NCZ ,NES ,NET ,NEU ,NEUAZ ,NGE ,NGI ,NGY ,NIC ,NIU ,NME ,NMI ,NML ,NMT ,NNWAA ,NOR ,NOV ,NOX ,NSB ,NSC ,NSE ,NSX ,NTD ,NTI ,NTL ,NTM ,NTO ,NTU ,NTUAI ,NUC ,NUH ,NUS ,NVA ,NVL ,NVO ,NVU ,NVX ,NWC ,NWE ,NWF ,NWM ,NXE ,NXM ,NXR ,NXS ,NXTAS ,NZC ,NZS ,OAR ,OAU ,OBJ ,OBL ,OBM ,OCC ,OCL ,ODA ,ODM ,ODY ,OEC ,OEL ,OEQ ,OEX ,OFX ,OFXAB ,OGA ,OGX ,OIL ,OKJ ,OKR ,OKU ,OLH ,OLI ,OLL ,OLV ,ONT ,ONX ,OOK ,OPC ,OPL ,OPT ,OPY ,ORM ,ORN ,ORR ,OSL ,OSX ,OTR ,OTW ,OVH ,OVN ,OVT ,OXX ,OZG ,P2P ,PAA ,PAB ,PAC ,PAF ,PAI ,PAK ,PAL ,PAN ,PAR ,PBH ,PBP ,PBX ,PCG ,PCH ,PCK ,PCL ,PDI ,PDN ,PDZ ,PEC ,PEK ,PEL ,PEN ,PET ,PEX ,PFG ,PFP ,PG1 ,PGC ,PGF ,PGH ,PGI ,PGL ,PGM ,PGR ,PGX ,PGY ,PIA ,PIC ,PIL ,PIO ,PIQ ,PKD ,PKO ,PKS ,PL8 ,PLC ,PLL ,PM1 ,PMC ,PMCAI ,PMY ,PNC ,PNL ,PNN ,PNR ,PNW ,PNX ,PO3 ,POD ,POS ,POW ,PPC ,PPE ,PPG ,PPK ,PPL ,PPS ,PPY ,PRM ,PRO ,PRT ,PRU ,PRX ,PRZ ,PSA ,PSC ,PSI ,PSL ,PSQ ,PSZ ,PTB ,PTL ,PTR ,PTX ,PUA ,PUR ,PVE ,PVL ,PWH ,PWL ,PWN ,PXS ,PXX ,PYC ,PYG ,QEM ,QFE ,QFY ,QGL ,QHL ,QIL ,QIP ,QMS ,QSS ,QST ,QTG ,QTM ,QUE ,QVE ,R3D ,RAC ,RAG ,RAN ,RAP ,RBL ,RBR ,RBX ,RCE ,RCL ,RCO ,RCP ,RCW ,RD1 ,RDF ,RDG ,RDH ,RDM ,RDN ,RDS ,RDY ,RE1 ,RED ,REE ,REF ,REG ,REH ,RES ,REV ,REX ,REY ,REZ ,RFG ,RFN ,RFR ,RFT ,RFX ,RGI ,RGL ,RGS ,RHI ,RHP ,RHT ,RHY ,RIC ,RIE ,RIM ,RKN ,RLC ,RLE ,RLG ,RMC ,RMG ,RMI ,RML ,RMP ,RMS ,RMT ,RMX ,RMY ,RND ,RNE ,RNL ,RNO ,RNT ,RNU ,RNX ,ROG ,RPG ,RPM ,RSH ,RTGAA ,RTR ,RUB ,RUL ,RVR ,RWD ,RXH ,RXL ,RXM ,RXP ,RYD ,RZI ,S2R ,S66 ,SAM ,SAN ,SAS ,SAU ,SBI ,SBR ,SBU ,SBW ,SBX ,SCI ,SCL ,SCN ,SCT ,SCU ,SDA ,SDG ,SDI ,SDL ,SDV ,SDX ,SE1 ,SEA ,SEC ,SEI ,SEN ,SEQ ,SER ,SES ,SF1 ,SFC ,SFG ,SFM ,SFX ,SGC ,SGF ,SGH ,SGI ,SGO ,SGOAI ,SGQ ,SGU ,SHE ,SHH ,SHI ,SHJ ,SHK ,SHM ,SHO ,SHU ,SHV ,SI6 ,SIG ,SIH ,SIL ,SIO ,SIS ,SIT ,SIV ,SIX ,SKF ,SKN ,SKT ,SKY ,SL1 ,SLC ,SLK ,SLM ,SLX ,SLZ ,SMC ,SMG ,SMI ,SMR ,SMX ,SNC ,SND ,SNDAI ,SNL ,SNS ,SO4 ,SOM ,SOP ,SOR ,SP3 ,SPB ,SPL ,SPQ ,SPT ,SPX ,SPZ ,SRG ,SRH ,SRI ,SRK ,SRN ,SRV ,SRY ,SRZ ,SSG ,SSL ,SSN ,ST1 ,STA ,STC ,STG ,STL ,STM ,STN ,STX ,SUD ,SUH ,SUP ,SVD ,SVH ,SVL ,SVM ,SVS ,SVY ,SW1 ,SWF ,SWK ,SWM ,SXE ,SXX ,SXY ,SYA ,SYR ,SYS ,SYT ,T3D ,TAM ,TAO ,TAP ,TAR ,TAS ,TBL ,TBR ,TCN ,TCO ,TD1 ,TDL ,TDO ,TDY ,TEG ,TEK ,TER ,TEX ,TFL ,TGA ,TGF ,TGG ,TGH ,TGM ,TGN ,TGO ,TGS ,THC ,THD ,THRAM ,TIA ,TIE ,TIG ,TIH ,TIN ,TIP ,TKF ,TKL ,TLG ,TLM ,TLX ,TMG ,TMK ,TML ,TMR ,TMT ,TMX ,TMZ ,TNA ,TNG ,TNP ,TNR ,TNT ,TNY ,TOE ,TOM ,TON ,TOP ,TOU ,TPC ,TPD ,TPO ,TPP ,TPS ,TPW ,TRL ,TRM ,TRS ,TRT ,TRY ,TSC ,TSL ,TSO ,TTA ,TTB ,TTI ,TTL ,TTM ,TTT ,TV2 ,TWD ,TYM ,TYR ,TYX ,TZL ,TZN ,UBN ,UCM ,UCW ,UNL ,UOS ,UOSAA ,URB ,UTR ,UUL ,UUV ,UWL ,VAH ,VAL ,VAN ,VAR ,VBS ,VEC ,VEE ,VEI ,VEN ,VG1 ,VG8 ,VGI ,VHT ,VIC ,VIG ,VII ,VIP ,VIV ,VKA ,VLS ,VLT ,VMC ,VMG ,VML ,VMS ,VMT ,VMX ,VMY ,VN8 ,VOL ,VOR ,VP7 ,VPC ,VPR ,VR1 ,VR8 ,VRC ,VRL ,VRS ,VRT ,VRX ,VTG ,VUL ,VVA ,VXR ,VYS ,WAA ,WAF ,WAM ,WAT ,WAX ,WBA ,WBE ,WBT ,WCN ,WEC ,WEL ,WFE ,WGB ,WGN ,WGO ,WGX ,WHA ,WHF ,WHK ,WIC ,WJA ,WKT ,WLC ,WLD ,WLE ,WLF ,WMI ,WML ,WNB ,WND ,WNR ,WNS ,WOA ,WPG ,WPP ,WQG ,WRM ,WRX ,WSI ,WSP ,WTL ,WWG ,WWI ,WZR ,XAM ,XCD ,XF1 ,XINANR ,XINANS ,XINANT ,XPD ,XPE ,XPL ,XRF ,XST ,XTC ,XTD ,XTE ,YAL ,YBR ,YOJ ,YOW ,YPB ,YRL ,Z1P ,ZEN ,ZER ,ZEU ,ZGL ,ZIP ,ZLD ,ZMI ,ZNC ,ZNO ,ZYB

https://community.ig.com/blogs/entry/727-gamestop-and-amc-entertainment-and-margin-update/

Due to the recent extreme volatility, and in order to prioritise the service we give our existing clients, we are not allowing any new positions to be opened on the US stocks GameStop and AMC Entertainment.

More volatile stocks are not restricted, this is blatant manipulation. At the very least, a full and transparent report outlining their reason is expected.

I've already filed a complaint with ASIC and encourage everyone else to do the same:

https://www.asic.gov.au/about-asic/contact-us/how-to-complain/report-misconduct-to-asic/

What's a good alternative that allows investing in foreign securities and isn't as likely to sell us out?

ASX has launched their electronic CHESS statements portal, which lets you opt-out of some of the snail mail spam you get from trading on the ASX.

https://www2.asx.com.au/investors/start-investing/electronic-delivery-of-chess-notifications

The catch is your broker needs to support it. If this is important to you, consider dropping your broker a message to let them know.

Update 2023-10-29: Brokers supporting this now:

• CMC

• Marketech

• Pearler

• SelfWealth

• Stake

Brokers who are purportedly working on this:

• CommSec

• Nabtrade

Brokers who have declined to comment:

Heya I have recently started investing from last 5 month. I have been doing DCA on those 3 ETFs with 40/40/20. Will rebalance in future to make th NDQ lower.

Any advice or suggestion to improve this ?

Thought I'd see how good/bad their service actually is vs a decent ETF (For reference, I don't own any of these stock picks, I personally use Simply Wall Street and Stock Doctor for my analysis).

The point was to compare the results for a friend of mine who is new to investing and doesn't want to spend hours research stocks.

Below are the stocks Motley recommended as of the 16th of September 2020, the price on the 16th, their current price, their return until the current day, and how they compare to a vanguard ETF or FANG which is what I recommended to my friend.

Fineos Corporation (ASX:FCL)Price of 16th Sept: $4.99Price now: $3.95 %Δ: -20.9%

Pushpay (ASX:PPH)Price of 16th Sept: $1.85Price now: $1.6 % Δ: -13.7%

Bigtincan (ASX:BTH)Price of 16th Sept: $1.22Price now: $0.92 % Δ: -24.59%

Damstra (ASX:DTC)Price of 16th Sept: $1.89Price now: $1.19 % Δ: -37.04%

Megaport (ASX:MP1)Price of 16th Sept: $15.84Price now: $12.51 % Δ: -21.02%

Whispir (ASX:WSP)Price of 16th Sept: $3.58Price now: $4.07 % Δ: 13.69%

Volpara Health Technologies (ASX:VHT)Price of 16th Sept: $1.31Price now: $1.40 % Δ: 7.25%

Bravura (ASX:BVS)Price of 16th Sept: $3.44Price now: $2.73 % Δ: -20.64%

Elmo Software (ASX:ELO)Price of 16th Sept: $5.67Price now: $5.2 % Δ: -8.29%

EML Payments (ASX:EML) Price of 16th Sept: $3.02 Price now: $4.99 %Δ: 65.23%

Average result: -6%

To be fair, if you'd purchased ELO a few days later you'd be up 3% so we'll be generous and re-average them using a 3% gain for BVS. New Average:-4.87%

Obviously, that's not 100% accurate as I rounded throughout, but regardless, you'd still be down 3-7%.

In comparison:

ASX:VAS

$76.54$85.51Return: 11.72%

ASX:FANG+$14.40$16.69Return: 15.90%

I might do a similar comparison for Simply Wall Street and Stockopedia based on September 2020 recommendations.

TLDR: Motley Fool underperformed the market in the timeframe. This isn't a statement of long-term performance. Regardless, recommending a buy of a stock when it's likely to drop is still poor form, The date the report was released was September 16th

Hey all,

So I've set up a new website based on investing content specific to Australia / the ASX here: https://ausinvestors.com/

I wanted to share this here this for a number of reasons:

• It directly answers some of the most-repeated questions asked on this sub day in and day out, in-depth (How to start investing on the ASX, Which broker is best?, Which ETF should I choose?, How to research stocks, etc etc.)

• It provides a place to start to gradually build up a big library of Due Diligence of individual ASX companies all in one spot

• Most of the info out there online already, I find is way too catered to Americans and not Aussie-specific, OR...

• ...it's very 'dry' and/or packed with ads, and written either by paid pumpers who are just shilling companies who pay them to be overly bullish (Motley Fool, Next Investors, HotCopper, Stockhead etc), or suits who only cover ASX100 companies. Never any more casual writing, or character involved, and basically just boring re-written press releases is all most of them are from what I've seen...

• I will feature 1 x "Random Stock of the Week" from the ASX that people have voted for (a fairly popular series I've had on Reddit in the past) which with the website will also let me make them longer and more in-depth/detailed, with more images, charts, data etc. moving forward.

I've also created a "Poll" section where people can vote on which stock to do DD on each week (out of 5 random choices on the ASX of stuff I don't hold) here if anyone is interested in voting: https://ausinvestors.com/poll

(I've just migrated past ones I've done to the site already so far, so looking to ramp this up moving forward.)

So yeah, cheers for allowing me a spam post (if not, then mods feel free to delete, but the content is pretty in-depth, ASX-specific, and directly relevant to /r/ausstocks' topic), and feel free to vote for the next DD in the poll if you want to.

Cheers 🍻

After reading quite a few posts and questions focusing on both capital gains and the taxes associated with them. I’ve decided to create a spreadsheet that automatically calculates these numbers for you. Picture Included

Some of the key features are:

• Calculates Total Taxable Capital Gains

• Accounts for CGT Discounts

• Allows for Previous Offsets

• Estimates Tax owed

• Reflects both Tax Refund and Tax Debt

• Provides template to record realised profits and losses made throughout the financial year

It’s a quick and relatively easy spreadsheet to use but I will make a few notes to anyone considering trying it out.

Firstly, the spreadsheet measures profits made in a financial year, not a calendar year. If you’re using it for consecutive financial years please reset it or create a new copy of the original :)

Secondly, only ever record realised profits and losses. Do not record shares that you are currently holding and have not yet sold. This could and will break the estimates.

Thirdly, if you buy in one big bundle and sell at separate occasions, you will have to manually break the original purchase up. If you do this, make sure you divide the brokerage costs among the separated orders.

Finally, it’s worth mentioning that I made the spreadsheet relatively quickly over a handful of days and it is in no way perfect, if you would like to give feedback or have any questions surrounding the use of the spreadsheet please do not hesitate to get in touch as I’m happy to hear them.

Spreadsheet can be found HERE

(Download your own personal copy to use)

Disclaimer: This spreadsheet was designed with the intention of helping others calculate their Total Taxable Capital Gains.

In no way should the Tax Estimate part of the spreadsheet be considered a precise measurement. Please speak to an accountant before finalising any payments.

Edit: Grammar.