HiTCapital

Privately managed family fund. Stock market musings for own record. No stock recommendations or financial advice here only opinions, DYOR.

[HiTCapital @HiTCapital2]

On the sidelines most of the week given markets and low volumes. $CHK results was unexpected & came on the back of weak markets. Hold or sell depending on your risk appetite but is now back to pre SPP cash, it still is in area known for high grades & has further drilling planned

[HiTCapital @HiTCapital2]

Another rough trading day. When the ASX tracks this way it’s too easy to sell low & buy high. Do your homework, have confidence in conviction. Market never moves in a straight line. Bought into $ICI at 11c, topped up $LRS $CHK at 6.8 & 4.3 respectively

[HiTCapital @HiTCapital2]

Few other announcements; $SBR looking to pivot to Lead Zinc (and soon maybe nickel), scoping study to be done for their Border prospect in Namibia. Looks like a long haul for the stock. Will move on. $SHO TH till next week pending release of court application. Nothing to see here

[HiTCapital @HiTCapital2]

Market is taking a beat of a beating this morning. 58 points down so far. $CHK market update announcement sheds some light in timing of assays. Looks like next week will be the week we've been waiting for this past few months.

[HiTCapital @HiTCapital2]

@ASXDev Yes, many positives for $ICI this year, Claw Stars launch, China revenues through Ohayoo, Lemon sky collab, cashed up for future game launches and they should be in profit this year.

[HiTCapital @HiTCapital2]

$EM1 1H results makes it the only gaming stock in my radar in profit. Profit 0.5m MC 34m. $ICI -.5m MC 68m $ESH -5.5m MC 46m. Let's try it again. In again at 4.2c. $SHO MC 15.2m with 3.0m subs and growing. 3rd try, in again at 3.2c after being stopped out at 3.7c, 5.9c, 6.6c

[HiTCapital @HiTCapital2]

$SBR disappointing announcement. 6 RC holes for 595m, 626 samples later and we've no significant gold intersections. Au next door was found past 180m. Stake partly reduced and redeployed to $SRN at 2.3c. Will look at further reduction as opportunities arise.

[HiTCapital @HiTCapital2]

$id8 #id8 topped up holdings at 14.0c. Price now trading under it's placement / SPP at 14.6c done in Dec. Since then it has obtained US patent approval, new customers onboarded and Revenue is up 145% vs previous quarter. Happy to continue holding.

[HiTCapital @HiTCapital2]

$CHK 's PA has turned bearish. 3 consecutive red candles after an uptrend. Will be watching for support level at 3.9 50EMA. But will start topping up at 4.0/4.1 as it has yet to test 50EMA over prior trading sessions. Still waiting on 1. tenement resolution 2. Assays for 4 holes

[HiTCapital @HiTCapital2]

Took a few days off and logged on to a sea of red. Quick review of the portfolio and some adjustments for the day. Sold part $IXR $HWK $VML will look for opportunities to top up as we go along. All three have the potential for further appreciation. Added $LRS $AGE $PWN $CPT $ANA

[HiTCapital @HiTCapital2]

Watching $CHK very closely today. Looking poised to continue its move up on the back of strong copper prices. Resistance at 5.1 and needs to maintain support at 4.7. Narrow channel.

[HiTCapital @HiTCapital2]

$ID8 #ID8 1H results announced. Few items standout. Customers rev up 129% to 941k (same as previous FY), a further 700k rev not yet recognised. Losses down 85% vs previous H. Op cashflow improves 107%. 5m cash in hand with an MC of only 23.5m, patented tech. Heading the right way

[HiTCapital @HiTCapital2]

$SHO back in at 4.1c. Stop loss set at 3.7c. MC 19m with 3m unique users and growing, initial partnerships done. Let’s see where this goes.

[HiTCapital @HiTCapital2]

Just for my own record, price now is 15.5c

[HiTCapital @HiTCapital2]

$ID8 #ID8 interesting that other parts of the fintech value chain has so much interest and risen in value and this has lagged. It's time will come. Value chain -> manage $ ->loan $ -> pay $ -> manage NPLs -> seamless compliance & reporting.

[HiTCapital @HiTCapital2]

@StockSniper13 Be interesting to see what's in store for it the rest of this week.

[HiTCapital @HiTCapital2]

Some nice action today. $SHO needs to clear 6.9c for a proper breakout, $HWK if it clears 4.2c clean, we should see it make its way back up, $IXR nice retrace to 5.1c for next leg up. Have added on at 5.9c, 4c and 5.2 respectively.

[HiTCapital @HiTCapital2]

$SHO that was a pretty incredible reversal. High 8.1c, close at 4.5c with 296m volume done. Stop-loss triggered twice, 6.6c and 5.9c. Now all out. May look at getting back in tomorrow once dust settles. 3.0m users, partnerships, Indonesian mkt remains an attractive prospect.

[HiTCapital @HiTCapital2]

Yep an announcement would do it. $SHO signs a 3 year exclusive deal with Ellevate football. It's getting in place the partnerships that will help them monetize their 3m (and growing) customer base. Ellevate & Icon partnerships are worth the read.

[HiTCapital @HiTCapital2]

@Kezzainvesta $HWK? Significant LCE resource, in the US battery corridor and Tesla Gigafactory nearby? Yes please.

[HiTCapital @HiTCapital2]

The way Li related stocks $SYA $EUR $HWK $RLC looked over the past week and a half, it felt the supply side risks of Li has been solved. Brine or Hard-rock? I'll take them both. Friday volumes look promising. Keeping a close eye for next week.