NSOMNIAK Challenge – Art Vandalay
I am a long term investor with generally 5-6 yr investment horizons…Since I am the world’s worst trader/timer I look for 5 or 6 speculative theses or value plays over time…my belief is if one or two substantial investments of deep value have significant returns you can afford the remaining 3 not so good…as the theory goes…for example, I invested in SKYT.OB at the worst part of the fall ’02 tech bottom and had a 40 time return on a large investment….as Peter Lynch says you only need a few in your lifetime…. So this style does not play well in the VMC challenge so I borrow and steal from the best on this board with the greatest respect…so here goes…
SMBMF.PK/S51.SI SembCorp Marine
A 10Bagger table pounder (one of many!) Can’t go wrong with Hank..I love Singapore…honest government, great growth potential…China exposure without the negatives of China policies…Singapore based Marine Engineering, ship maint/repair co. with support for offshore O&G in Singapore/China/Brazil and the US. Operates out of 14 worldwide yards...strong earnings…I believe the growth story will play out over time over the US centric funk we are currently stuck with.
BWR.TO Breakwater Resources
Getting hammered. A contrarian play on the price of zinc…profitable producer with 4 mines:
Myra Falls – BC Zinc/Copper/Silver/Gold
Langlois- Western Quebec Zinc/Copper
El Mochito – Honduras Zinc/Lead/Silver
El Toqui – Chile Zinc/Lead/Gold
Diversified holdings in friendly mining countries…I believe the price of zinc will move higher after a dismal drop in ’07 with very little change in inventory levels from historic lows….Jr. Mining board is an excellent board…CL/Nuts/NoSleep and Bob are excellent so come over and make a few picks….again…global growth will win out over time vs US led global downturn….BWR is now extremely cheap with a potentially strong Q4 ’07 a few weeks away….
PBG.TO/POE.V (PetroBank and Pan Orient)
PBG..much discussed by BobW….thanks for the table pounding as I made a sizable investment that has tripled….looking for oil to stabilize in the $75-$85 range where we can resume the upward trend in the oils sands THAI and Canadian O&G play….
POE.V – like KIPPS table pounder and analysis…..along for the ride.
TRGD.PK Tara Gold
Only one left holding I think ;) but like the gold/silver properties in Mexico and potential of Tara Minerals….another one thanks to BobW….took some profits at $1.3 so can’t complain too much but heavily invested in this dogger this year….looking for a strong ’08.
$CASH Cash
Lentiman M1 cash deposit not subject to Fed inaction, Cramer rantings, currency moves, balance of trade impacts, Rogue oh my god posts, ARI500 musings or lack of sleep from NSOMNIAK and NOSLEEP…… will be used to cherry pick the remarkable stocks of KIK, CL and Researcher, SKILLZ and to short the top pick of OCTBARGAINS………
Good luck to all
Art
****My uninformed opinion only...do your own due diligence****
