Posted on

Some Hotcopper Holdings


Among risks within the provide documents are defamation or different legal actions, because the discussion board isn’t moderated in actual time. Actions up to now have targeted the individuals posting and never HotCopper. It was beforehand a public company in the 1990s earlier than being taken private by St George Bank and later sold to Report Card. The prospectus pointed to a $527,174 internet profit for the year ended June 30, however forecast a loss of $609,867 for the 2017 financial year. The doc famous, however, that 2017 included one-off bills for itemizing costs and the issue of options.

  • In a typically rising market, HotCopper’s investments to 1H19 were down 30 per cent.
  • Tom prefers development investing over worth investing and says it’s not rocket science, simply keep away from overpaying for the most effective returns.
  • The company derives revenue from industrial and corporate promoting.
  • GameStop Corp mentioned on Tuesday it may sell new shares because the U.S. online game retailer that led the Reddit rally of “meme shares” seems to reap the benefits of a extra-than-800% surge in its stock value since January.

HotCopper are Australia’s largest inventory buying and selling and investment internet dialogue discussion board with over 250,000 registered members. By September 2012, the company had 170,000 members and acquired 6,000 posts a day. By December 1999, all posts were vetted by a moderator who was a educated investment adviser to make sure the site didn’t give investment advice. HotCopper was listed on the Australian Securities Exchange in December 1999 by Tony Cunningham of stockbroker D J Carmichael, who bought stake within the company from founder Ron Gully. In January 2000, HotCopper became a division of Bourse Data after it was acquired by the company for $11 million.

Markets Data

Shareholders have seen the share value fall at 19% per year, for 3 years. This implies the market had larger expectations of Hotcopper Holdings. However, that is up to now now, and it is the longer term is extra important – and the future appears brighter .


The inventory-tipping discussion board has switched auditors simply as its full-years accounts should be ready for sign off. But is the present trailing value-to-earnings ratio of 46 occasions justified? Shareholders should suppose HotCopper has much more untapped earnings potential up its sleeve. In the thread matter lists and even in the threads themselves. With a fixed-price structure, this additional promoting income fell powerfully to the underside line, pushing income to $498,000 in 2016. The HotCopper site is a sharemarket discussion board maybe better recognized for spruiking and rampant speculation, somewhat than detailed research and considered views.

Insurance Coverage Australia Group Limited (asx :iag)

The authorized motion comes less than two weeks after Flinders introduced it will improve its strained relationship with its minority shareholders. Alfred Chan is an Analyst at Emerald Financial, specialising in ASX-listed small cap firms. ‘Up Ramping’ and ‘Down Ramping’ are widespread terms utilized by posters amid flaming other users. For the latest interval it additionally paid no dividend, compared to payments of 1 cent and o.5 cent per share for the two prior durations. In equity to its homeowners it did publish a net revenue of $361,000 on revenue of $2.2 million for the six month interval ending December , although both numbers have been down forty six% and 10% respectively on the prior corresponding period.