Summary of all Market Analysis Prior Share Recommendations

This Summary prepared: January 2024

As "Market Analysis" has been published since 1981, this Summary is split by decades -
1991 to 1989:
80 recommendations showing an average Gain of +86.7% over an average of 2.5 years = 34.5% per annum.
1990 to 1999:
54 recommendations showing an average Gain of +284.3% over an average of 8.2 years = 34.8% per annum.
2000 to 2009:
51 recommendations showing an average Gain of +220.1% over an average of 8.9 years = 24.7% per annum.
2010 to 2019:
22 recommendations showing an average Gain of +7.2% over an average of 6.5 years = 1.1% per annum.
2020 to present:
8 recommendations showing an average Gain of +7.2% over an average of 6.5 years = 1.1% per annum.
Total from 1981 to the present:
215 recommendations showing an average Gain of +159.7% over an average of 5.8 years = 27.3% per annum.

Share Recommendations

	Buy Recommendation		Sell Recommendation		Dividends	Recent	%
Company	Date	Price	Date	Price	Rec'd	Price	Gain
2020 Stockmarkets plunged to lows in March with Covid-19 panic selling . . . but our portfolio ended the year up +28.6%
~Ardea Resources	13-01-20	54.5			Nil	47	-12
~Big River Gold	10-08-20	30.4*	12-09-22	36	Nil		+18
~Venturex Resources	10-08-20	6.8	08-03-21	35.5	Nil		+422

2021 The portfolio - up +29.6% - significantly outperformed the market! Venturex Resources sold for a +422% gain after just seven months!
~Bellevue Gold	07-02-21	105			Nil	149	+49
~Vulcan Energy	08-03-21	602			Nil	247	-59
~Anteris Technologies	06-12-21	840			Nil	1890	+125

2022 Russia invades Ukraine, with global supply chain disruption, inflation fears and lower growth expectations. Stockmarkets drifted lower, with our portfolio down -5.6%.
~Copper Mountain	08-08-22	66	12-06-23	51	Nil		+57

2023 The portfolio rises +5.1% - helped by a +567% gain by Atlas Pearls (boosted by high pearl prices). Many other portfolio shares look very under-valued and could make similar gains in the years ahead. Overall another year of actively deciding to "do nothing" and hold our shares!

* Recommendation Prices Adjusted for Splits, Bonus and Cash Issues.