Trawling for Ten Baggers Podcast

In this episode we talk with Mark Wallace, from Gold50. In an inverse to ep.33 we talk about why he left broking and corporate finance and why he wanted to run an exploration company.  

This is our first chat about the macroeconomic and commodity cycle and Mark talks about why he’s bullish hard assets vs fiat currency.

Mark also talks about the difficulty of taking a long cycle view, given the short-term nature of markets, but he offers a couple of salient points for investors looking for the next bagger. 

In this episode we talk with Matthew Baker, from Blue Ocean Equities about how markets have changed since the 1980s, but how similarly, some things still remain the same.

He takes us through how he started out as a broker and how he then moved into corporate finance.

Matthew explains the importance of the ‘sales call’, and why it is so fundamental to maintain relationships with clients and companies, despite improvements in technology, and especially in more difficult times and markets.

In this episode, we discuss small-cap companies’ ASX listings with Andrew Whitten. We cover practical and compliance aspects, including the need for professional guidance in a highly regulated and technical environment.

Our conversation explores the benefits of being a public company, coping with market challenges, raising capital, pivoting businesses, and managing share registers effectively.

Andrew also explains the ASX listing rules, re-compliance, and backdoor listings (chapters 1 and 2) and the importance of shareholder communication for a listed company.

Find out more about Andrew and his contact details below:

In this episode we talk with David Williams, the founder of Kidder Williams about how he bought Tassal Group twice.

He takes us through how he structured a deal to give himself a free carried upside. 

David also explains how investors, and more importantly CEOs should reflect on their own interests and skills so they can develop their own bags.

In this episode we speak to Michael D’Adamo about why oil is still important for industry despite the move towards decarbonisation.

He takes us through the company and technical considerations before a company explores for oil and gas.

Michael also explains a lot of the terminology in the industry as well as classifications around defining and measuring oil reserves.
 

In this episode we speak to Glen Zurcher, an Investor Relations expert with a specific focus on small and nano cap companies.  

Glen works with small cap companies on the ASX and those that are hoping to list, to help tell their story and make sure shareholders are following along a company’s journey.  

We talk about the importance of companies explaining their stories effectively to all parties, updating their story and approach through their listed life and some of the different considerations as a small cap turns into a larger company.

• https://viriair.com/

In this episode we chat with Andre Marschke from Scintilla Capital.

Scintilla is a small and nano cap focused fund that invests on the ASX with an impressive performance record and several ten baggers over the years.    

We discuss what to look for in a small cap and the types of people that can successfully execute.

Then a few practical things like when to sell and techniques for hedging portfolios.

• https://www.linkedin.com/in/andre-marschke-676b575
• http://www.scintillacapital.com.au

In this episode we speak to Emilie and Cluny about the different considerations that participants on both the buy and sell side take into account when looking into a company or investment. 

We dig into ESG, what it means, why it matters and the performance edge when using it as a criteria for choosing investments.  

Cluny and Emilie also host their own podcast ‘Alpha Females Invest’ for those who want to elevate their investing knowledge. They aim to promote gender diversity by having at least an equal representation of female guests on their show and cover a wide range of financial topics. 

• https://alphafemalesinvest.com.au
• https://www.instagram.com/alphafemalesinvest
• https://player.whooshkaa.com/shows/the-alpha-females-invest 

This episode is all about you.  Your emotions, your phycology and how important it is to manage your expectations, emotions and life – to make sure you have the best chance of succeeding in the market.

We talk with Savilian about the importance of mental health and being on top of your game. He talks to us about his trading journey, struggles and techniques to try and continue improving.

Sav is an intraday scalper, quite different to many of our previous guests. Almost all the content we cover in the episode though applies regardless of whether you are day trading stocks or holding for longer periods of time.

You can find out more about Savilian here:

• https://twitter.com/Savilianraps
• https://www.youtube.com/user/JustaSavilian/
• https://open.spotify.com/artist/2TezkvmwKedDg7dslOyRYi
• https://www.savilianmusic.com/

In this episode we are joined by Warwick Grigor from Far East Capital. This is the second time Warwick has joined us on the show and many things have changed since our first discussion.

We talk about about the goings on in the small cap resources market in 2020 and the first half of 2021, the increased number of IPOs which have recently been listing, the change in behavior of market participants and more.

• http://www.fareastcapital.com.au/
• Previous discussion with Warwick in August 2019

In this episode we chat with Shane Wee from Alto Capital and discuss his background, experience in the finance industry and passions outside of work. 

We talk about the importance of loyalty, mentorship and mental health as well as the regular ten bagger related topics and tips. 

• https://themagiccoat.com/
• https://www.amazon.com/Dont-Sweat-Small-Stuff-Its/dp/0786881852

This episode is a conversation we recorded with Ted Richards earlier in 2020.

We discuss behaviour finance, the human factors and psychology that comes into financial decision making.  We talk about some of the common behavioural biases and reasons people make, or struggle to make good decisions.

Ted works at Six Park, an automated investing platform that helps remove some of the human factors in investment decision making.

• The Richards Report Podcast
• https://www.sixpark.com.au/

In this episode we talk to Ian Cassel a prominent microcap investor, author and founder of MicroCapClub.com 

We hear about how Ian found himself so passionate about microcaps and what he learnt throughout his journey.

The discussion covers liquidity in microcaps, how to research and identify potential multibaggers and position sizes in a portfolio. 

Links and books discussed:

• https://microcapclub.com/ 
• http://csinvesting.org/wp-content/uploads/2013/01/Liquidity-as-an-Investing-Style.pdf
• https://www.amazon.com.au/Intelligent-Fanatics-Project-Sustainable-Businesses-ebook/dp/B01HLCUA7M
• https://www.amazon.com.au/Sleuth-Investor-Uncover-Stocks-Before/dp/0071481850

David is a portfolio manager at Altor Capital and manages the Altor Alpha Fund.

As at October 2020 the Alpha fund has returned over 240% since its inception in April 2019.

In this discussion David shares his thoughts on the current market conditions, the way he approaches small companies and running a portfolio of different stocks through different market cycles.

We talk with Shaun Factor from 180 Markets.

Shaun is an active trader in small caps on the ASX.

We discuss with Shaun his background, early trading and experiences in the 2000’s tech boom.  What he learnt along the way, how he trades now and how that has changed.

On the way to a ten bagger is usually lots of paperwork. For both the company and shareholders. 

In this episode we talk to Toby Hicks who works in corporate law at Steinepreis Paganin.  We discuss what all the paperwork you receive means and why it is sent.

Toby explains what companies have to keep in mind when raising capital and why they might choose a certain method. He also details the different types of resolutions at AGM or EGMs, the importance of the details and what happens when steps are missed.

For a written article covering the types of capital raises check out this great summary Toby published on LinkedIn. 

In this episode we speak with Alex Rovira who talks us through the process of trying to identify and develop economic mineral deposits.  From pegging the ground, identifying who’s running the company, surveying the ground, getting drilling happening, and what makes a deposit economic.

We dig into some of the technical aspects of exploration and mining, trying to help explain it in a way that anyone can understand.

Even if you don’t usually invest or explore resource and mining companies, this episode will give you an overview of how this part of the market operates and what investors and speculators are looking for.

In this episode we talk to Harley Grosser, founder of Capital H Management

Harley is an active small and microcap investor, who started trading his personal account, then gained experience working at a small cap fund manager and subsequently launched his own fund.

We talk about the things Harley’s background, what got him interested and invested in stock and what he looks for in a company.

Techniques and considerations to work out what is in an undervalued company and what make it might take for the market to revalue it.

We speak with David Blake from Bioshares about all things biotech.   Biotech shares are often volatile and valations can change very quickly.

This episode explains the different types of life sciences companies, major milestones and catalysts.  We also talk about what to consider when investing in biotech companies and opportunities for smaller and private investors.

You can find more or contact David via http://www.bioshares.com.au/