Club Report Q1-2023: Continuing To Outperform
In the Q1-2023 tthe ASX recorded an overall gain of 3.1%, the 10 Bagger club acheived 38% with highest gain of 84.5%.
These are copies of the periodical Club Reports, along with editions of ”The Wrap” - the summaries that the club committee sends out to all members at the end of each month. They are posted here one month from the original publication. This allows club members plenty of time to take action first, based on any new official 10-bagger calls, sell suggestions, new deals, or the many member’s multi-bagger calls.
In the Q1-2023 tthe ASX recorded an overall gain of 3.1%, the 10 Bagger club acheived 38% with highest gain of 84.5%.
Seven videos showing this months progress at Diamond Rok’s Kamfersdam Diamond Mine.
L1X is a revolutionary new layer 1 Blockchain technology being developed in Perth, Australia which is planning to ICO (Initial Coin Offering) in August/September 2023.
The global equity markets lost on average 25% in 2022. Making it the worst year for equities since 2008, and the second worst year ever on record.
Four videos introducing Diamond Rok’s Kamfersdam Diamond Mine.
Updated information and financial projections for Diamond Rok Ltd. and the Kamfersdam Diamond Mine.
10 Bagger Club Call Performance for 2022 - see how our calls performed in this year.
Our suggest best buy stocks for November 2022 include Industrial Minerals, Errawarra Resources, Element 25, and more.
Diamond Rok Pty (DR) is an Australian company, recently established to acquire 100% of the company that owns the Kamfersdam Diamond Mine (KDM) project and all its assets in Kimberley, South Africa.
The first half of 2022 made a record as the worst half-year performance for global equities since 1970. That's in percentage fall terms. In actual loss of capital terms, we just witnessed and - indeed are still witnessing - the largest recorded capital destruction period ever seen in the markets.
1,581% Is the average highest gain so far of all our 32 10 Bagger calls. In 2020 we made 13 ten bagger calls, eight of which have ten bagged so far - a 62% run rate. We have already exited 11 of them to cash up and roll into our newer 2021 calls. The average hold time for all our 2020 calls has been 14 months to date.
November began a bit disappointingly for some of our 10 Bagger calls. E25, in particular, dropped following the numbers from its quarterly, while a few others such as KTG and FRB also drifted lower. But as many wise investors remind us constantly, this is a long game
It’s pretty easy to get people scared of a market crash. October is the month with three of the worst market crashes since 1929, so each mid-September, like some annual tribal ritual, the gloom and doomers get all excited and vocal and manage to find lots of reasons to give the markets the heebie jeebies.
After the usual dog days of July and August - almost like clockwork - the markets turned around on 1 September. At the lower end of the markets, September, November, and December usually see the bulk of the year's profits. October is usually not as good as…
Half Year 2021 performance for the 10 Bagger Club offical calls. In the first half of 2021, we had two more 10 baggers: Bitcoin (BTC) rose by 1,087% from its call price, and Energex (ENX) rose by 1,900% from its call price.
We first called Danakali (DNK.ax) as an official 10 Bagger at the beginning of 2021 at $0.29. We felt the company was seriously undervalued given the *enormous* size and potential of their 50% held Colluli Potash Project in Eritrea.
In the Q1 performance we have listed the calls in distinct two blocks; Firstly our 13 official 10 bagger calls in 2020 and then our five 10 bagger calls in Q1 2021. Plus we’ve given an average performance for each group and then for all.
Despite the market winding down for the Easter break, three of our stocks hit record highs last week ENX.ax, CHN.ax and ETH.ax. Enegex was up 50% this week to make a new high of…
E25.ax continues from strength to strength. This week they co-raised A$35.5 million more free cash from institutions to accelerate their mining directly to phase two production in early 2022."
European Royalty enters the King Island share register as the share price climbs to all-time highs of 33c, whilst our free KIS options (KISOs) hit 22c, also a new high.
MAN.ax started Monday with a strong move up to a new high of 17.5 cents on speculation about its drill rigs soon heading off to drill into its very prospective Newlyline tenement near CHN.ax’s Julimar site in W.A.
Two more potential 10 Bagger calls were made this week…the new issue we encountered acutely this week is that as the 10 Bagger name is spreading fast around the ASX market, it makes our job of arranging cheap private placements (PP) for members much harder.
We called Firebird FRB.AX - the new IPO starting to trade on the ASX in mid March (19th) as our third official new10 Bagger this year.
The great news this week is that we can now tell members that we have now found 5 new potential 10 bagger stocks for this year. They can start kicking-off within a week through to two months.
Deals are now coming to us thick and fast as the 10 Bagger Club name increasingly gets around the market.
This was an interesting week, dominated by the shenanigans of a Discord/Reddit chat group WallStreetBets retail investors attacking the big hedge shorters. A very interesting story with much more consequences to play out from it.
In summary the ASX is looking very strong now as money comes pouring back into the market after the year end holiday. Next Tuesday is Australia Day holiday on ASX.
Unless something extraordinary happens next week, this will be the final wrap up for 2020. And what a year it’s been. If someone had told us back in March that the markets would rebound and go bezerk in the way in which they’ve done, we would have called them crazy.
The portfolio, and the markets in general, took a bit of a rest through the week. You have to admit, it’s been a pretty good run…
What a week! Global stock markets continued to rally, with the Dow jumping through 30,000 level.
Global stock markets continue to look through the current gloom of lockdowns and focus on the prospect of a robust recovery in 2021.
Bitcoin (BTC) rallies hard to US$18,758, up from $16,000 at the start of the week (a 17% gain) Nils dropping a report this morning with predictions of it going to $500,000! Citibank now calling it to $315,000.