Ten bagger search

[kwagga]

That 2c close on 24 May must be a dud on my chart. Let's rather work of that 6c close on the 7th of this month. Serious speculation on this share for the brave.

[#2]

It seems to be dropping, hype is dying down.

[sponono]

u want to buy on a down day like this at about 330 (50 day SMA)

[Blik]

What about something like Ansys. I seem to remember reading about some sort of mine tool or machine that they had developed a few years back, that may or may not take off. Sorry if this share has been discussed already.

[#5]

Seems ok, but i don't like buying small caps that are already trading above their NAV

[sponono]

NAV 445c trading at 320c

[SimonPB]

I like ansys, well positioned for transnet spend and also got continious rope monitoring system (albeit they gone quietish on latter) .. interviewed alan holloway after last results .. http://www.maudestreet.com/maude-street-online/tag/ans

[THRESHOLD]

I don't like this company at all (or this "kind" of company for that matter!). Just another "tech" company. Full of promises and nothing ever materialises. No cash, no assets. In my experience - these things hardly ever work. I don't trust the directors of these things. If they have such a terrific idea, why share it with us (ie. why float the company?)

[kwagga]

They're also as far as I know the most expensive board of any Altx company

[striker]

- kwagga, here's my 2 cents worth. Given the global economic outlook and weak data coming through, it would seem we're in for a longish period of low growth and indeed contraction. Ten baggers will be hard ,if not impossible to pull off. IMO defensive st

[THRESHOLD]

These are long term (fairly) positions. You have to buy them while they are cheap. That is always at times like this. It's no good waiting until the market turns it's attention to the smallcap arena and paying a multiple of the current prices for the same stock.

[striker]

- It's difficult assessing the value of most small caps - many of them have no dividend history, or very sporadic at best. So D/Y is not even on the table - so unless one has close ties with the executives, or intimate inside info it's all too much guess

[THRESHOLD]

You do your homework. When you buy a large cap- you pay up for the privilege; AND most of that valuation is based on guess work too. Don't kid yourself, over time only value counts. You don't have to buy junk. Try to pick quality smallcaps and spread your risk. As to guess work. I have two qualifcations in this field and another unrelated. I would like to think that my guesses are as good as theirs.

[striker]

I hear you, but in terms of a poor/deteriorating global economic climate ,small caps will be the hardest hit . Large caps , less so.

[THRESHOLD]

BUT we have no idea what the market is going to do next and - given that smallcaps are cheap - they have less to give back.

[#16]

and more to earn...