Oliver's Posts | Commonstock

@odysseus12/28/2022

All in on Lithium America $LAC

Judgement day for Lithium America’s primary lithium mine of Thacker Pass is fast approaching. On 5 January 2023 the Nevada courts are expected to rule either for or against the construction of thackers pass the largest known lithium deposit in the USA.

$LAC now make up just under 24% of my US portfolio as I’ve been quietly accumulating more stock every time the share price has dipped under $21

However, it is not entirely boom or bust on 5 January as the company also hold a 50% stake in a Chilean lithium mine which is expected to begin production in early 2023.

Analysts are still pricing LAC at around $38-$42 so there is quite some potential upside but I think everyone knows if the judge rules against the company on 5 January it’ll be a very red day.

I think LAC offers both a short term play (gambling on the 5 Jan decision) and a long term play (transitioning from construction to production)

I’m strapping myself in for the bumpy road ahead and I’ll see you on the other side :)

Undefined

@eggplant12/29/2022

Nice update Oliver!

+ 5 comments

Oliver

@odysseus09/01/2022

Catching a falling knife

I have had on my watch list for a long time Azure Power.

I’m generally interested in companies that stand to gain from the global switch to renewables from raw materials to end products.

Azure Power is a renewable power producer based in India but listed on the US exchange.

Like many companies in 2022 its share price has taken a hit but has been holding up reasonably well in the $10-$15 range until this week.

It was announced that the newly appointed CEO was to step down, a whistleblower had come forward with procedural irregularities and misconduct, the company has also delayed the release of its annual report.

As a result its share price has fallen around 68% in 3 days and now sits around $3.50.

While it is certainly not good news it does feel like the market might be overreacting. While dodgy practice is never good, does it fundamentally alter its revenue and its growth to warrant a 2/3 decrease in market cap?

This knife is definitely falling but how close is it to the bottom and is it worth a punt or is there more bad news to come?

It is staying on the watch list for the moment but I am very tempted to try and catch this knife.

$AZRE

Oliver

@odysseus05/03/2022

Rocketlab catches booster midair

As a big fan and shareholder of RocketLab I thought I’d share with the community something really cool that was achieved today.

Rocketlab successfully launched a payload into orbit and the booster rocket that got it there which normally falls back to earth and into the sea was caught midair by a helicopter.

Apart from being more sustainable and not adding to ocean garbage the hope is the booster can be reused further cutting costs to the business for payload launches. $RKLB

Here is a CNN article about it that explains it a bit further.

https://edition.cnn.com/2022/05/02/tech/rocket-lab-helicopter-booster/index.html

CNN

Rocket Lab catches, then drops booster in helicopter capture attempt | CNN Business

Rocket Lab, which aims to launch satellites into space quickly and cheaply, said it just used a helicopter to catch part of a rocket in mid-air. But the rocket was dropped into the ocean shortly after, ending up having to be fished out of the water.

Django Brooks

@django_brooks05/03/2022

That is really cool and a differentiating process that could be huge for them! Thanks for sharing! I know it says they dropped it in the ocean right after catching it but it’s a huge step in the right direction! Do you know when their next launch will be and when they can try another helicopter catch?

+ 1 comment

Oliver

@odysseus04/29/2022

My US portfolio

I can’t link my portfolio via Commonstock but thought I’d share what I hold and the relative size of each holding.

The recent volatility has allowed me to pick up a few stocks hopefully for ‘cheap’ but I would like to trim the portfolio back if a more sustained recovery occurs.

Will try to post once a month with what I’ve bought / sold, what’s on the watch list and updated chart.

Undefined

@eggplant04/30/2022

Very different, nice

Add a comment…

Oliver

@odysseus02/16/2022

Carbon Credits

Does anyone have any information or experience investing in carbon credits?

I’m guessing that a lot of ‘dirty’ industry will be wanting to pump up their ESG score and purchase carbon credits.

Can an everyday investor buy carbon credits? If, so how and where from?

Undefined

@eggplant02/16/2022

Oh boy, @esghound is your man

+ 8 comments

Oliver

@odysseus12/24/2021

Portfolio Trackers

I am searching for a good portfolio tracking app

Does anyone have any recommendations? Can be free or a paid app but if paid nothing crazy expensive.

I get paid dividends in cash so a feature to add that into the total portfolio value would be good.

Biggest think for me though is I have investments in the US, New Zealand and Australian markets so have a multi-currency situation. Ideally I’d like an app that displays the real-time value of my entire portfolio in my home currency of NZD and updates as the currency market fluctuates.

Joshua Simka

@tomato12/24/2021

Upvoting and commenting to follow as I'm also interested to hear what folks suggest. I also do some international investing in various currencies and it seems to be REALLY hard to find a solution that can manage that.

+ 6 comments

Oliver

@odysseus10/21/2021

I am thinking of opening a position in $ATI

It’s a small cap ($2billion) company that manufactures specialty materials and components.

Current share price is $16.32, down 10% past 5 days, -0.55% 30 days, -27% 6 months but +72% 1 year.

It primary consumers are in the aerospace industry which is currently in Covid recovery mode and the company is due to report next week. From what I’ve read it looks like a 50/50 on whether or not it’ll be earnings beat or loss.

Should I wait or jump in?

Undefined

@eggplant10/22/2021

Whats the bull thesis, is that a LT position or a trade?

+ 6 comments