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As it turns Canadian ETFs are not doing that well. MJX is spiked with tobacco companies and includes SMG, the federal US approach to weed is pretty conservative,  with 12 Canadian stocks out of 30 holdings, and 7 being in the top 10, US investors will continue to pile up. Recreational use is expected approval in July of this year.  The selloff after Jeff Sessions announcement got into senses what holdings are in this index. Risky yes awarding very much so.

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Hi Robert and everyone,

I'm wondering if any news/thoughts  re the NYLD sale and especially also re NEP and PEGI potential purchases  of assets - these deals all seem to have gone quiet based on the little info I can find  - anyone else heard anything ?

 PEGI and NEP been stuck lower and  NYLD remains  rangebound.  I'm wondering if its that the (1) tax cuts have impacted on tax equity financing , (2) Uncertainty re trump decision re suniva outcome and/or (3) they were overvalued and this is the new normal or (4) markets getting edgy generally so a pullback?  I would really value others thoughts as I'm thinking through even the utility space .

Spent the time viewing this today - lots of themes everyone will be aware of but how they have been put together across sectors I found interesting Tony Seba - disruption https://www.youtube.com/watch?time_continue=9&v=2b3ttqYDwF0

All the best.

 

 

 

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11 hours ago, heliostat said:

Hi Robert and everyone,

I'm wondering if any news/thoughts  re the NYLD sale and especially also re NEP and PEGI potential purchases  of assets - these deals all seem to have gone quiet based on the little info I can find  - anyone else heard anything ?

 PEGI and NEP been stuck lower and  NYLD remains  rangebound.  I'm wondering if its that the (1) tax cuts have impacted on tax equity financing , (2) Uncertainty re trump decision re suniva outcome and/or (3) they were overvalued and this is the new normal or (4) markets getting edgy generally so a pullback?  I would really value others thoughts as I'm thinking through even the utility space .

Spent the time viewing this today - lots of themes everyone will be aware of but how they have been put together across sectors I found interesting Tony Seba - disruption https://www.youtube.com/watch?time_continue=9&v=2b3ttqYDwF0

All the best.

 

 

 

Not a lot to add here. I actually got into some concerns on tax reform from the perspective of the interest rate expense how only 30% EBITA is deductible, so I want to see how this looks like from reporting perspective. Got my dividends paid out today, so I have reinvested them in SBRA, rebalanced the holdings to buy MPW as dividend paying and reduced my exposure after the initial purchase of MJX. I also added to BOTZ.  Yield is about 8.42% on stocks as of today's mix. 

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I am looking at this ETF KGRN, which may replace investing in Chinese stocks

https://kraneshares.com/kgrn/

They are supposed to list KARS, which will cover the electric car companies, not just from China.

 

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for those interested in ev KARS will trade on Friday. I am going buy this one.

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Has anyone looked at KGRN?

They hold JKS and JASO, the volume is peanuts, thinly traded $6M fund. Their China Web fund took few years to built (KWEB) to $1.2B in investment.

https://kraneshares.com/kgrn/

the announcement on KARS

https://www.prnewswire.com/news-releases/kraneshares-electric-vehicles-and-future-mobility-etf-ticker-kars-lists-on-the-new-york-stock-exchange-300585217.html

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KARS is trading, no volume I guess not many people see the ticker. yahoo does not have it. 

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I am in KARS now. it looks like it is mostly me.lol

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So far so good with BOTZ and MJX. Really moving well. Thanks SC for MJX tip.

I am finding myself averaging down my SBRA holding, now sitting roughly at 18.07, expecting dividend announcement early Feb for about 0.45 to 0.46 per share.

I hope that some of the forum readers get on KARS. I see it go as LIT at one point. KraneShares are owned by CICC. I expect good things from it. It may turn to be thinly traded at first, but it took only 15 or so trading days for MJX to go from a cap of 5.9M to 342M.

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1 minute ago, heliostat said:

Thanks Robert great tip, I am also in BOTZ and ROBO and EV metals .

ATB

Thanks, I am watching KGRN, have not moved into it, but US investors seem not to like HK exposure.

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I like ICLN for the variety and the price. None of those have performed well in last 5 years or from inceptions. I would hold back on buying anything until a decision is made.  ICLN has most wind and in the manufacture of turbines which is pretty interesting to me.

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Hi Robert,

I am wondering what your current view might be on PEGI post Trump's tariff ? I am having a general rethink about the renewable space vs EV metals etc. Do you think there are any near term catalysts? Worth continuing to hold? 

Separately I can now access KARS although chart not working looks like $25.20 is the stable offer at NAV.  Did you get discount to NAV , not sure how liquid it is?

Finally have you looked at direct HKG shares in China EV brands (obviously costs /complexities etc ) as my only niggle about KARS is what looks  like low relative holdings exposure to China where most of the main action is in the next few years I think (although EV rising everywhere) based on full holdings ?? What do you think?.

Really appreciate your thoughts on PEGI

 

 

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7 minutes ago, heliostat said:

Hi Robert,

I am wondering what your current view might be on PEGI post Trump's tariff ? I am having a general rethink about the renewable space vs EV metals etc. Do you think there are any near term catalysts? Worth continuing to hold? 

Separately I can now access KARS although chart not working looks like $25.20 is the stable offer at NAV.  Did you get discount to NAV , not sure how liquid it is?

Finally have you looked at direct HKG shares in China EV brands (obviously costs /complexities etc ) as my only niggle about KARS is what looks  like low relative holdings exposure to China where most of the main action is in the next few years I think (although EV rising everywhere) based on full holdings ?? What do you think?.

Really appreciate your thoughts on PEGI

 

 

At first-view, anything wind should be seen to benefit, however, laws about claiming interest expense up to 30% of EBITA, is a concern to me and I am out from yieldcos for this reason.

Moving to KARS I sold KARS to put more money into MJX. It appears, for now, MJX is running on a high tide and KARS is building following. You should check the website rather than rely on a third-party service for data. I am not concerned about premiums to NAV etc at this stage anyway it does not mean a lot. I find mixed global exposure as a benefit here. If you look into their funds you will find that pure China plays most recent ones do not attract a lot of attention and liquidity is a key for me.  If you have questions on ETF I would ask to bring it to ETF thread. I am also equipped to buy direct Chinese stocks and do not like to trade OTC. Check their KBA ETF, looks really interesting as well. 

Thanks

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As far as lithium goes, I am more inclined to buy ALB below $100, rather than LIT.

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SC, Explo, how do you balance your portfolios?

Do you try equally weight your holdings and distribute profit to equal weight or you open new positions with it?

Do you use set exposure profile based on equity, fixed income, geography etc?

I think equal weight is probably good to start in my case and equalize or to expand. When I speak of equal weight I am referring to value.

 

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3 hours ago, dydo said:

SC, Explo, how do you balance your portfolios?

Do you try equally weight your holdings and distribute profit to equal weight or you open new positions with it?

Do you use set exposure profile based on equity, fixed income, geography etc?

I think equal weight is probably good to start in my case and equalize or to expand. When I speak of equal weight I am referring to value.

 

I use fixed target weights. I rebalance to target weight when off by more than a certain short-term volatility tolerance (to avoid excessive transaction costs). 

The weights are based on the expected contribution to the portfolios total risk-adjusted return. I use a 1.5% weight unit and cap single stock weights at 4.5%.

Edited by explo

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5 hours ago, dydo said:

SC, Explo, how do you balance your portfolios?

Do you try equally weight your holdings and distribute profit to equal weight or you open new positions with it?

Do you use set exposure profile based on equity, fixed income, geography etc?

I think equal weight is probably good to start in my case and equalize or to expand. When I speak of equal weight I am referring to value.

 

After looking and summarizing, I guess I use a diversified balanced approach that is risk averse in dividend investing stocks. That makes sense as I retired and want steady predictable income.

 

I actively invest in  approximately 8-10 market segments.

I have 4 core market segments equally weighted with stocks that  generally pay 3%+ dividend. that makes up 57-60% of my investments.  These I would classify as

Tech: being hardware and software.

Healthcare: related which would consist of medical suppliers, pharmaceuticals, Insurance etc.

Energy Sector:   Oil, gas, pipelines, chemicals and Power utilities.  

Communications: Telco, TV,  Internet

 

CPG: (consumer package goods) is between 8-10%. I recently backed that segment down from 15-20% as it has been basically flat outside of dividends for 3 years.

Solar and solar related stocks are 0-5% and these are trading stocks.

Financials/banking segment with 5%, this is a new entry and had been avoided as most are not reasonable dividends

Other marketable securities 14% - stocks and ETFs that do not fall into the above

I hold cash at any time 10-30%.

 

My IRA and Trusts that I have are not  included in what I mentioned above. These are close to 50% S&P 500 tracked mutual funds and 50% other types of investments outside of the general market.

 

 

Edited by SCSolar

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