Impression Healthcare (ASX:IHL) is our main deep value play right now. It trades on the Australian Stock Exchange, with an enterprise valuation (market cap less cash plus debt) of roughly AU$11 million at 2.2-cents per share. We have plenty of skin in the game, across multiple accounts. Here’s a smaller account to show our confidence level (dated 6 March, 2019):
We bought close to $50,000 in the company at current prices. That might not seem like much. But it makes Trading For Millions different from everything else on the internet. We put our money where our mouth is, before writing detailed analysis on companies. Plus, our goal is to turn a reasonably small amount of money into a million dollars.
Standard disclaimer: Do your own research
This disclaimer section is extremely important, as we don’t have a financial licence. So, unlike other financial sites, we choose to put it up the top. We wan’t to hide nothing about our intentions.
You should perform your own research on every company profiled on Trading For Millions. Our analysis is skewed to the positive side, as we hold shares in each company on the blog. Trading For Millions will disclose whether we sell any shares in a company.
We don’t get paid by companies to write research. The incentive is to make good money from the stocks on blog and hold ourselves accountable.
If you invest alongside us, you do so at your own risk.
Remember, we own shares in companies previewed blog, across multiple accounts. For this reason, it’s quite possible, I could be selling every rally with my other accounts. But the above position update is a nominal amount for track record purposes to keep us accountable.
Although we could sell shares in our other accounts, if we earn a poor reputation for picking bad companies, we won’t have many readers! The live tracked portfolio holds us accountable. Plus, any deep value investment, we tend to look for massive triple digit gains.
Trading For Millions will only grow its readership by buying good companies with potential, where you can see the story play out in real time. The goal is to hit multiple homeruns in order to grow.
We’re also not in the business of providing formal stock recommendations or financial advice on Trading For Millions. That may change one day. But not anytime soon.
We are focused on building a track record for now.
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Let’s get stuck into the company’s latest story…