CDN: Status of the Canadian Fantasy Portfolio On Jan 31/20
Nothing has really happened this last week other than we gained that dividend from Canadian Utilities and Telecom.
The coronavirus is gaining strength in numbers of cases and deaths. The growth in both is exponential thoufh there is only one death outside of China. But while the disease is relatively contained so far the commerce is slowing and companies with a large presence in that country will feel it in their next earnings report
Canadian Fantasy Stock Portfolio Update...Jan 31/20
Transaction History
Transaction................................................. Comments............................................................. Amount
..... Date
.......................... Initial investment........................................................................................... 100,000.00
06-Aug-19........ Buy 2000 shares of Centerra Gold @ $10.88/ share........................................ -21,760.00
23-Aug-19........ Buy 1500 shares of Dream Global REIT @ $14.39/share................................ -21,585.00
13-Sep-19........ Sale of 2000 shares of Centerra Gold @ $10.50/share .................................... 21,100.00
16-Sep-19........ Market buy of 5000 shares of Peyto Exploration and Dev filled @ $4.08/shr... -20,400.00
16-Sep-19........ Dividend distribn on 1500 shares of Dream Global REIT @ $0.06667/share......... 100.05
30-Sep-19........ Market buy of 2000 shares of Cdn Utilities & Telecom Inc Fund @ $9.76/shr.. -19,520.00
07-Oct-19......... Stop-loss sale of 5000 shares Peyto Exploration & Dev filled @ $2.72/share... 13,750.00
10-Oct-19......... Market buy of 20,000 shares of Kraken Sonar @ $0.70/share......................... -14,000.00
11-Oct-19.......... Limit Sale of 1,500 shares of Dream Global REIT @ $16.68 ........................... 25,020.00
31-Oct-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.05781/share...... 115.62
20-Nov-19..........Buy 2000 shares of AI.TO @ $14.06/share...................................................... -28,120.00
29-Nov-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.05746/share...... 114.92
12-Dec-19..........Dividend distribution on 2000 shares of Atrium Mtg Invt Corp @ $0.075/share...... 150.00
16-Dec-19..........Limit Sale of 20,000 shares of Kraken Sonar @ $0.59/share..............................11,800.00
31-Dec-19..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.0596/share.........119.12
03-Jan- 20......... Limit Buy of 3000 shares of Maverix Metals @ $6.49/share............................. -19,470.00
15-Jan- 20......... Market buy of 20,000 shares of Taseko Mines @ $0.75/share ........................ -15,000.00
21-Jan-20.......... Market sale of 2000 shares of Cdn Utilities & Telecom Inc Fund @ $10.12 ...... 20,240.00
31-Jan-20..........Dividend distribution on 2000 shares of Cdn Util&Telecom @ $0.0596/share......... 119.12
............................................................................Cash on hand including any dividends....... $32,773.83
Current Portfolio as of Jan 31/2020
Ticker.................. Company......................Shares..... Price.........Value....... % Gain/loss...Dividends*
AI.TO...................Atrium Mortgage Invt Corp..2,000 ......14.60 ....... 29,200.00 ..... 4.91% ...... 300.00
MMX.TO............. Maverix Metals................... 3,000 ....... 6.77 ....... 20,310.00 ..... 4.31%
TKO.TO.............. Taseko Mines ................... 20,000 ...... 0.61 ....... 12,200.00 ..... 18.67%
....................................................................................................... ----------------
............................................................Total value of stocks........ $61,710.00
* Dividends are for reference only the cash is added to Cash on hand
Total Portfolio Value Summary
Cash on hand:.... $32,773.83
Total Value Trend
Date................... Value %Gain/Loss
02-Aug-19..... $100,000.00
23-Aug-19..... $102,050.00...... 2.05%
30-Aug-19..... $102,625.00...... 2.63%
06-Sep-19..... $100,570.00...... 0.57%
13-Sep-19..... $ 99,010.00...... 0.99%
20-Sep-19.... $101,210.00 ..... 1.21%
27-Sep-19.... $ 99,620.00 ..... 0.38%
04-Oct-19..... $ 96,265.05 ..... 3.73%
11-Oct-19..... $ 95,945.05 ..... 4.05%
18-Oct-19..... $ 96,065.05 ..... 3.93%
25-Oct-19..... $ 95,845.05 ..... 4.15%
01-Nov-19 ... $ 96,460.67 ..... 3.54%
15-Nov-19 ... $ 95,200.67 ..... 4.80%
22-Nov-19 ... $ 96.220.67 ..... 3.78%
29-Nov-19 ... $ 95,820.67 ..... 4.18%
06-Dec-19 ... $ 95,835.59 ..... 4.36%
13-Dec-19 ... $ 95,125.59 ...... 4.87%
20-Dec-19 ... $ 95,245.59 ...... 4.75%
27-Dec-19 ... $ 95,785.59 ...... 4.21%
03-Jan-20..... $ 97,465.59....... 2.53%
10-Jan-20..... $ 96,694.71....... 3.31%
17-Jan-20..... $ 98,194.71 ...... 1.81%
24-Jan-20......$ 94,794.71 ...... 5.21%
31-Jan-20......$ 94,483.83 ...... 5.52%
Charts
AI.TO has recovered from that dip last Monday. We are above the 20daySMA and that is good. The BBWidth has lowered to a point that a break out can occur any day now.
The only fly in the ointment here is the MACD.... we want to see it start a positive slope... there is a mixed message here as the Slow Sto Looks quite good. I don't see the necessity of setting a Limit Stop-loss order. But I will watch it closely this week.
MMX.TO is similar to AI.TO. There are mixed messages there too. The stock has recovered nicely since the drop in early January and we are actually now showing a small profit.
The setup right now is fine for the main chart.... the price is also sitting pretty above the 20daySMA. The Slow Sto could be better but at least it has a positive slope and not far from 80...The BBWidth is far below the point where its trigger might be pulled ... it has a negative slope so it could go lower and give us a bit of time for a better Slow sto and MACD
Speaking of which the MACD is not good... the slope is too negative.... we want it to turn positive.
Like AI.TO I don't think a limit Stop-loss is necessary yet.
Taseko....Taseko...Taseko.....I am not sure what to do about this stock. The plunge seems to be arrested but the Slow Sto and MACD look terrible....The devil on my left shoulder says to buy on this dip.... the angel on my right says don't listen to that guy....sell and get out of there.
I'll see if that is a true stop or not. I shall set a limit stop-loss and see if it will climb out of this hole.
Effective at the Feb 3 morning bell I am ordering a Limit Stop-loss for 20,000 shares of Taseko Mines ltd. [TSX:TKO] with a target price of $0.59/share and a limit price of $0.57/share.... to be valid for at least One month.
Conclusion
These are tough times to make money. I will be trying to figure out which sectors and stocks will survive if the coronavirus gets worse and affect commerce more.
Good trading
UE |
