Companies we doubled our $500 in

By Stephen Mayne

January 23, 2014

This list tracks stocks where we more than doubled our $500 investment back in the day when we could afford to buy and hold.

* APN Property Group: bought 175 at $2.85 on July 30, 2007. Sold 80 at $6.05 on April 11, 2007.

* Aquila Resources: bought 56 at $8.99 on Mar 3, 2008. Sold 50 at $11.60 on Apr 7, 2008.

* Babcock & Brown: bought 32 at $16.59 on October 14 2006 and 55 at $9.66 on May 17, 2005. Sold 32 at $19.82 on May 29, 2006 and 40 at $28.75 on April 13, 2007.

Becton Property Group: bought 1,100 at 47c on Oct 18, 2005. Sold 150 at $3.25 on Jan 29, 2007. Sold 100 at $4.70 on Oct 16, 2007.

BHP-Billiton: bought 35 at $15.64 on May 16, 2005. Sold 18 at $29.25 on May 29, 2006. Sold 12 at $38.35 on July 7, 2007. Retain 5.

* Brockman Resources: bought 445 at $1.13 on Jan 8, 2008. Sold 200 at $2.67 on March 3, 2008. Sold 200 at $2.45 on May 2, 2008.

Cougar Energy Ltd: bought 6,700 at 7c on June 27, 2007. Sold 6000 at 16.5c on May 22, 2008.

David Jones: bought 220 at $2.40 on Nov 29, 2005. Sold 120 $4.34 on Jan 21, 2007. Retain 10.

* Energy Resources of Australia: bought 90 at $11.34 on July 26, 2006. Sold 15 at $27.90 on April 4, 2007. Sold 65 at $21.22 on Jan 22, 2007. Retain 10.

Felix Resources : bought 100 at $5.15 on May 23, 2007. Sold 75 at $5.99 on Oct 11, 2007. Sold 20 at $21 on May 26, 2008.

Flight Centre: bought 35 at $14.66 on Mar 1, 2007. Sold 25 at $19.58 on June 29, 2007.

Fortescue Metal Group: bought 80 at $6.60 on May 23, 2006. Sold 40 at $12.71 on Dec 27, 2006 and 23 at $20.51 on March 22, 2007 and 12 at $38 on May 22, 2007 and 47 at $10.63 on May 28, 2008. Retain 3.

Giralia Resources: bought 715 at 70c on Feb 11, 2008. Sold 500 at $1.14 on Feb 26, 2008. Sold 200 at $2.48 on May 29, 2008.

Haoma Mining: bought 14,750 at 3.4c on Sept 21, 2007. Sold 10,000 at 5c on Nov 19, 2007. Sold 3,000 at 25c on Jan 9, 2008. Sold 1,350 at 35c on Jan 9, 2008. Overall profit more than $1000. Retain 400.

Harvey Norman bought 200 at $2.65 on Aug 29, 2005. Sold 120 at $4.11 on Jan 31, 2007. Sold 60 at $7.20 on Nov 30, 2007. Retain 20.

IINet: bought 600 at 87c on June 1, 2006. sold 220 at $1.77 on June 25, 2007. Sold 350 at $132.5 on February 20, 2007. Retain 30.

Incitec Pivot : bought 33 at $16 on Nov 30, 2005. Sold 17 at $32.45 on Dec 12, 2006. Sold 10 at $47.65 on March 27, 2007. Sold 5 at $100 on Dec 6, 2007. Overall profit more than $1500.

Jubilee Mines: bought 75 at $6.84 on June 20, 2006. Sold 40 at $13.99 on December 19, 2006. Sold 25 at $18.27 on May 28, 2007. Sold balance into Xstrata takeover at $23 a share.

Just Group: bought 300 at $1.81 on May 17, 2005. Sold 150 at $3.45 on May 25, 2006. Sold 100 at $4.58 on April 10, 2007 and rest disappeared into Premier takeover offer.

Macquarie Group: bought 12 at $43.72 on April 18, 2005. Sold 6 at $70.64 on April 26, 2006. Sold 5 at $95.16 on May 13, 2007. Retain 1.

Mayne: bought 250 at $3 on November 2, 2005. Sold 250 Mayne Pharm into Hospira takeover at $4.10 in February 2007. Sold 130 Symbion Health at $3.68 on January 25, 2007. Sold remaining 120 into Primary Healthcare takeover at $4.10 in 2008.

Minara Resources: bought 250 at $2.05 on June 14, 2006. Sold 125 at $4.16 on Oct 5, 2006. Sold 75 at $6.42 on Jan 31, 2007.

Nexus Energy: bought 700 at 73c on April 3, 2006. sold 400 at $1.34 on February 2, 2007. Retain 10.

Origin Energy: bought 80 at $6.62 on June 14, 2006. Sold 43 at $10.65 on April 29, 2008. Retain 10.

Paladin Energy: bought 155 at $3.33 on June 14, 2006. Sold 75 at $7.91 on Dec 27, 2006. Sold 55 at $9.33 on March 29, 2007. Retain 25.

REA Group: bought 91 at $5.50 on June 3, 2007. Sold 71 at $6.64 on October 10, 2007. Sold 16 at $12.24 on December 31, 2010. Retain 4.

Reece Australia: bought 40 at $12.90 on August 15, 2005. Sold 20 at $23 on January 19, 2007. Sold 16 at $23.85 on November 3, 2009. Retain 4.

Regional Express Holdings: bought 520 at 99.5c on July 5, 2006. Sold 270 at $1.94 on Jan 29, 2007. Sold 150 at $2.80 on June 8, 2007. Retain 100.

Seek: bought 200 at $2.55 on Aug 29, 2005. Sold 100 at $5.03 on Oct 5, 2006. Sold 65 at $7.50 on April 16, 2007. Retain 10.

Sims Group: bought 36 at $14.92 on Feb 3, 2006. Sold 20 at $23 on March 15, 2007. Sold 13 at $33.95 on Apr 7, 2008. Retain 3.

Tassal Group: bought 520 at $1 on Oct 26, 2005. Sold 260 at $1.95 on Jan 3, 2007. Sold 160 at $2.75 on April 12, 2007. Retain 7.

Worley Parsons: bought 29 at $17.65 on June 6, 2006. Sold 18 at $27.38 on February 14 2007 and sold 12 at $37.97 on August 30, 2007. Retain 3.

Zinifex: bought 110 at $4.88 on Nov 2, 2005. Sold 83 at $18.56 on Dec 8, 2006. Rest were merged with Oxiana to former OZ Minerals.

Complete portfolio as at April 18, 2008.

Full alphabetical trading history in 700 stocks.

All transactions in 2008 and 2007.

Chronological list of our $500 purchases in 2008, 2007, 2006 and 2005.

List of the share purchase plans we participated in.

Check out all the Mayne Report business lists here.

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