/PIG

Lithium is finite

Lithium is finite – but clean technology relies on such non-renewable resources Parakram Pyakurel, Southampton Solent University Until we cut consumption, we will only shift problems from one natural resource to another. Replacing conventional cars with electric cars A quick calculation shows that, if all conventional cars (those using petrol/gas or diesel) were replaced by electric cars, the world would run out of lithium in around five decades. I take the total amount of lithium from the US Geological Survey, which estimates there are currently 14m tonnes of proven reserves worldwide. I used industry figures for the total amount of passenger cars sold worldwide – about 69m in 2016. That same year, less than a millionelectric vehicles were sold, even including plug-in hybrids. Now, if we imagine a future where all passenger cars were electric and the number of cars sold per year remains constant at 2016 levels, almost 69m (technically: 69.46m minus 0.75m) electric cars will have to be produced each year even at a very cautious estimate. Our assumption here that the demand of cars will remain constant is actually [...]

By |2019-01-14T08:44:35+00:00January 14th, 2019|PIG, Uncategorized|0 Comments

RotoGro: the triple threat poised for Canada’s recreational cannabis

RotoGro: the triple threat poised for Canada's recreational cannabis market ASX ANNOUNCEMENT 29 OCTOBER 2018 RotoGro International Limited (ASX:RGI) has today entered into a definitive share purchase agreement with Valens GroWorks Corp. (CSE:VGW) to acquire all of the issued and outstanding shares in the capital stock of Supra THC Services Inc. The development is a major coup for RGI, with the SPA giving the company cultivation, technology and agricultural services that generate revenue in their own right. Under the agreement, both RGI and VGW will collaborate on an offtake agreement for the sale and purchase of cannabis produce at the new RGI facility. Thanks to the SPA, RGI is a unique ‘triple threat’ when compared to market peers. This is a particularly advantageous development for the company, with key analysts already flagging the potential for a huge supply gap in the Canadian recreational cannabis market. A recent report by the C.D. Howe Institute projects that current suppliers will meet just 30-60% of the nationwide demand (610 tonnes). Anindya Sen, who is an economics professor at the University [...]

By |2018-11-07T10:10:16+00:00October 31st, 2018|PIG|0 Comments

Hgh Frequency Trading

ABC Radio National – Background Briefing Attack of the algorithms Robot Traders – High-Frequency Trading There's mounting concern in the world's financial markets about the influence of High Frequency Trading. This so called 'robot trading' was responsible for the Flash Crash of 2010 and in August this year, the US company, Knight Capital, lost $440 million when a trading algorithm 'went rogue'. Robot traders are dominating stock markets using high speed computer algorithms. Human traders and government regulators can’t keep up, and markets could be one programming glitch away from the next big crash. Stan Correy investigates. Program Audio ______________________________________________________ ABC Background Briefing is daring narrative journalism: Australian investigations with impact. Our award-winning reporters forensically uncover the hidden stories at the heart of the country’s biggest issues. ______________________________________________________

By |2018-10-31T06:23:59+00:00October 30th, 2018|PIG|0 Comments

Wesfarmers Coles demerger

The Wesfarmers Coles demerger is certainly worth discussing, particularly considering the size of the Coles Listing coming within the top 30  ASX companies. Some items of interest/concern – The Coles Board expects to have a dividend payout ratio of 80 to 90 per cent. The New listing will be carrying a debt facility of $4 billion. What is going to be the future direction of Wesfarmers post demerger. In a year or two will Wesfarmers get Coles to buy Kmart and Target from them The continuing impact of on-line shopping on bricks and mortar retail outlets What is the real reason for the demerger as I find some of the verbiage by Wesfarmers a  little contradictory – ie: “Demerging Coles shifts our investment weighting and focus to businesses with higher growth prospects” whilst in the next paragraph they say “Coles is well positioned to grow as a defensive business with strong investment characteristics” Additional issues to keep in mind with such a large new listing coming to the market is that Investment Funds managers have to re [...]

By |2018-10-15T07:52:08+00:00October 14th, 2018|PIG, Portfolio|0 Comments

A fright for investors over new rules

Woolworths and Wesfarmers’ liabilities will double, and Myer’s liabilities will treble in 2019 – not because of a major acquisition but because of new accounting rules (AASB 16 Leases).    Putting this in very simplistic terms – companies that rent space to sell their goods, record that rental expense in their profit and loss account with other expenses such as wages, electricity etc.    However, they would very likely have entered into a lease agreement for a 5 or 6 or even 10-year lease, and it is this commitment that up to now has not been reflected in the accounts of the operator.    Companies are now being forced to bring operating leases onto their balance sheets for the first time, from January 2019.    Whilst the new accounting standard will improve transparency it will also have a major impact on key financial metrics such as gearing ratios and return on invested capital, as the present value of leases will be represented on the balance sheet as an asset and liability. It becomes a bit more complex as companies have [...]

By |2018-10-31T06:24:45+00:00September 10th, 2018|PIG, Uncategorized|0 Comments

What to do about franking credits

Marcus Today 30th August, 2018 In March this year Bill Shorten pledged that should Labor win the upcoming election they will axe cash refunds for excess imputation credits paid to individuals and in superannuation funds. This would reverse the cash refund of imputation credits introduced by John Howard two decades ago. It would also be introduced with no grandfathering or transition arrangements. Malcolm Turnbull rejected it as a “cash grab”. The removal of Malcolm Turnbull means the Liberals can renege on that position and even adopt the changes should they feel it politically expedient. Read the complete article here:

By |2018-10-31T06:25:20+00:00September 6th, 2018|PIG, Portfolio|0 Comments

Cannabis Update

I have not researched Ecofibre and don't know anything of Barry Lambert but this article has all the hallmarks of pre IPO broker spin. Rugby celebrity associates (potential Directors), China market interest (big as A2 milk), hemp a superfood !!! Lets tease it some more at the next PIG meeting. Regards Roman

By |2018-09-04T05:55:13+00:00August 27th, 2018|PIG|0 Comments

ASX Lithium stocks: Should you invest in these companies?

It is no secret that Australia’s Lithium stocks have staged a spectacular run of late. The share prices of miners such as General Mining Corp (GMM:ASX), Pilbara Minerals (PLS:ASX) and Neometals Limited (NMT:ASX) skyrocketing several hundred percent. https://www.australianstockreport.com.au/asx-lithium?campaignid=819500343&adgroupid=44644641800&gclid=EAIaIQobChMIhs6hy42l3AIVRUgBCh0-2Q3wEAEYASAAEgLvU_D_BwE

By |2018-08-28T21:12:12+00:00July 17th, 2018|PIG, Portfolio|0 Comments