Share Picks 2018

b4bmm wrote: »

All I know is irish brokers are a total rip off compared to peers internationally. At least there were when I checked last a few years ago. But what else would you expect. Others here can comment better than me regarding irish costs but for my Australian brokerage you pay trade fee of $20 up to $10,000 trade value $30 up to $20,000 trade value and so on from there.

Interactive Brokers charge .08% (min $6AUD) for AUD trades so a $10,000 trade would cost $8AUD, $20,000 would cost $16AUD etc

Hi folks, I.was looking into shares of Dominos and there seems to be 3 options to purchase. 1 the main US company 2 Uk company 3 Aussie company.
There are differences between all, they have rights in different areas and it seems the Aussie one has the best growth and lowest debt. Anyone have any info or interest in this stock?

Yea, chipotle is another option, they seem to have doubled their store count in the last few years but halved the share price. They cant seem to catch a break but food is good from what I remember!

Going to call Hive Blockchain Technology as a 2018 Share pick, been invested in this since last year. Earning are due end of February, it's been trading sideways the last few months with a lot of share dilution and shares in lock up becoming free trading.
It's been listed in 2 new ETF's with a heavy basket rating in them, it's listed with IBM, Microsoft, Nvidia, Intel etc and this company hasn't released any earning but it's next 2 earning reports will be stellar.
Currently trading around 3.20 Canadian dollars. I'm hoping this doubles or quadruples by March with a lot higher expectation for Q3.

Blok ETF listings https://amplifyetfs.com/blok-holdings

FT https://markets.ft.com/data/equities/tearsheet/summary?s=HIVE:CVE

Old analysis doesn't take into account rise in the price of ETH and new Swedish mine now online mining bitcoin https://medium.com/@blockxcapital/hive-blockchain-technologies-ltd-hive-the-base-case-for-268-upside-596a695b9331

Ah sorry just re-read and seen you are talking about Hive as opposed to the ETF!

Nice boost to Tawana today.

Yea just been watching it, bought more hive yesterday and spent the little I'd left over on some more Friday Night..

drunkmonkey wrote: »

Yea just been watching it, bought more hive yesterday and spent the little I'd left over on some more Friday Night..

What has you so convinced on Hive being a winner?

drunkmonkey wrote: »

OwlsZat wrote: »

What has you so convinced on Hive being a winner?

Because of the amount of money it's making per day, We only have results for the last 12 days of September (Q2 financials). In this first 12 days it made $170,819 and a mining margin of $112,959.
Look at the price of ETH on the 1st or Sept and ETH price now and tell me how much there making a day just on mining.
That article I linked to above is worth 10 minutes of your time.

Sorry didn't see that. I'll certainly give it a read. Thanks for the heads up!

Thargor wrote: »

But again if ETH tanks they will tank and their gains arent a fraction of ETHs gains in that time, nowhere near, it still seems like all the risk for none of the reward.

Why aren't their gains a fraction of the ETH gains there mining and hoarding at a fraction of the price people are paying for it. They made 66% margin in their first 12 days.
Did you read the analysis I linked to above in my first post would like your take on it.
I see the bullish estimate being blown out of the water but you probably have a better idea if this mining side of it stands up to scrutiny.
Current price of ETH probably puts the share price around $30.
The price has never recovered since the early release of shares from lockup. Think it'll be back to $6 before earnings and then rocket.
(All based on the crypto marker not imploding in the next 5 weeks)

Prezatch wrote: »

Seems odd that investors aren't jumping all over it going by their margins

From my own calcs, I know ETH has risen by 400% since they released their first 12 days earnings end of september. That means there generating 74,174 in revenue daily with 66% margin giving (54,695).
We also know that is due to increase x10 but won't be reflected in the Q3 results as the sweden operation only came online the 15th of January.

Put that all together with shares outstanding and i'm getting a 12mt EPS per share of .75c ( we know it's going to get bigger again this year through more expansion but I haven't factored that in), it closed yesterday at 2.94, giving a p/e ratio of 4. It should at a minimum be trading at a p/e of 10 when earnings are released in feb which will give a 155% upside in sp from where we are now.

Now it's a start up on a venture exchange that might explain the low take up and it's only released 12 days earning but there are good investors behind this and it is bringing the largest crypto miner in the world to the capital markets.

It has positive free cash flow, no debt and high cash flow margin. I'm not seeing a downside only the space it's operating in which is Crypto/Blockchain and none of us are fully sure where that is going but they mine virgin traceable Ethereum and that looks like the go to crypto going forward if the members of the Ethereum Alliance is anything to go by.

Would love someone to pick holes in that estimate but I think it's a pretty pessimistic outlook as it is.

drunkmonkey wrote: »

Just listened to a recent interview with the CEO of Hive Frank Holmes, 1 million a week in revenue by April, 75% gross margin. 25million in free cash flow. He says it's should be trading with a p/e of 40.
Means my numbers are off above but coming to a similar share price target over the next few months.

Hope it's not another CEO biging themselves up. What are your revised price targets?