POPULARITY
US stocks closed mostly higher as bond yields fell, which is supportive of equities. The Aussie market is expected to lift 0.3% or 19 points at the open. What to watch today: Tech stocks are expected to shine the most as bonds yield fell from their 12-month high to 1.71%, making tech stocks look far more attractive.Zip (ASX:Z1P) will be traded a lot today, as it jumped 17% yesterday after reporting another strong quarter – with revenue, merchants and customers all rising by 10%-20%. Afterpay (ASX:APT) is another one to watch, rising 3% yesterday and is likely to lift further in the short term. Consumer confidence is released for April which is expected to be positive as employment is at pre-pandemic levels. The most traded stocks from yesterday . For our active trader desk, Bell Direct Advantage they were: Magnetite Mines (ASX:MGT), Delorean (ASX:DEL) and 88 Energy (ASX:88E). Trading ideas:Online luxury fashion website Cettire (ASX:CTT) which sells designer brands like Givenchy, Chanel and Valentino was initiated as a Bell Potter Buy with a $1.90 target. The rival company to NBN, Uniti Group (ASX:UWL) had it Buy rating upgraded by Bell Potter, with a new $2.85 target as its network revenue is likely to increase. Uniti Group (ASX:UWL), SenSen Network (ASX:SNS) and Pushpay Holdings (ASX:PPH) are all giving off bullish charting signals according to Trading Central.
Henry Jennings from Marcus Today and Andrew Wielandt from DP Wealth Advisory go in-depth and stock-specific. Stocks: BHP, 88E, DBI, NXT, BLD, SGF, MGR, CNI, MMM, MVB. Stock of the day is Fluence (FLC). See acast.com/privacy for privacy and opt-out information.
We saw US equities rise on Wednesday, closing out the best month since November, as investors rotated back into tech while weighed down on Biden's big infrastructure spending plan. Over the sea, European markets closed lower as Deliveroo tumbled on its debut, falling as much as 30% and euro zone inflation jumped to 1.3% in March from 0.9% in February.What to watch today:The Aussie market looks set to start the month of April on a positive note, up 0.28%, ahead of the four-day Easter break.Australia's import and export data are out today, as well as retail and home loan data. Both data points are out at 11:30am.Keep an eye on Aussie tech shares such as Xero (ASX:XRO) and Zip (ASX:Z1P) following US tech stocks surging higher overnight. The Oil price fell 0.8% to US$63.66 per barrel off the back of concerns about the market's recovery after OPEC and its allies lowered their 2021 demand growth forecast by 300,000 barrels per day. The Gold price lifted about 1.3%, helped by the dollar's pushback, but elevated US bond yields still puts the metal on course for its worst quarter in 4 years. As for the most traded stocks yesterday from our active trader desk, Bell Direct Advantage they were: 88 Energy (ASX:88E), Houston We Have (ASX:HWH) and Oneview Healthcare (ASX:ONE).Trading ideas:Bell Potter has upgraded its rating on Mayne Pharma (ASX:MYX) from a Hold to a Buy, and has increased its price target by 70% to $0.56 (previously $0.33). Pointerra (ASX:3DP), Healthia (ASX:HLA) & Galaxy Resources (ASX:GXY) are all giving off bullish charting signals according to Trading Central.
The Aussie market is set to open higher, around 0.8%, which defies the losses that were seen over on Wall Street. Major tech shares were in the red after the 10-year Treasury yield reached its highest level since January 2020. Both Apple and Microsoft led the losses. They both fell about 1%. What to watch today:Building permits for February are out today at 11:30am. The Oil price dipped 1.6% to US$60.55. This comes as the Suez Canal reopened to traffic and the dollar rallied. Focus in the market now shifts to a meeting between oil-producing nations where its expected that the supply curbs will be extended given dim demand prospects. The Gold price slipped nearly 2%. The firmer dollar, higher Treasury yields and hopes for a faster US economic recovery has dampened demand in the safe-haven asset. As for the most traded stocks yesterday from our active trader desk, Bell Direct Advantage they were: Byrah Resources (ASX:BYH), 88 Energy (ASX:88E), and Digital Wine Ventures (ASX:DW8).Shares going ex-dividend today: Eagers Automotive (ASX:APE) and Harvey Norman (ASX:HVN). Trading ideas:Bell Potter maintains its Buy rating on Flight Centre (ASX:FLT) and price target for the stock at $21.50. Given the recovery profile of global travel remains in its early stages, and the roll out of the COVID-19 vaccinations programs is accelerating, Bell Potter believes FLT is highly leveraged to this step change and remains their key pick in the sector. Bell Potter also has a Buy rating on AMA Group (ASX:AMA) however they have reduced its price target by about 11% to $0.85. This comes as the number of AMA job vacancy ads over the past weeks on sites such as Seek appear to be higher than usual, which suggest the company may be having some trouble sourcing qualified people. Despite this, Bell Potter sees good value in the current share price and the catalysts being a return to more normal operating conditions in FY22. Noxopharm (ASX:NOX), Kina Securities (ASX:KSL) & Element 25 (ASX:E25) are all giving off bullish charting signals according to Trading Central.
On The Vox Markets Podcast Today: 11th September 2020Dave Wall Managing Director of 88 Energy #88E explains the positive final petrophysical Interpretation of their Charlie-1 well in Alaska.John Peters, Managing Director of Strategic Minerals #SML provides an update on their core operations.(Interview starts at 10 minutes 41 seconds) Paul Hill, full time investor and equity analyst gives his view on Clearstar #CLSU Equals #EQLS Mpac Group #MPAC OnTheMarket #OTMP Rosslyn Data Tech #RDT Speedy Hire #SDY Vistry #VTY(Interview starts at 24 minutes 59 seconds)Russ Mould, Investment Director at stockbroker AJ Bell talks about the possible reasons for the sell off in tech stocks in the U.S. recently.(Interview starts at 55 minutes 52 seconds)Plus the Top 5 Most Followed Companies & the Top 5 Most liked RNS's on Vox Markets in the last 24 hours.Vox Markets is revolutionising the way companies engage with shareholders and the stock market at large. By aggregating IR and digital content onto one secure and compliant platform, Vox Markets has established itself as the go-to resource for the investment community. #VoxMarkets #StockMarket #LivePrices #StockMarketNews #Money #Investing #Investments #Finance #Business #Podcasthttps://www.voxmarkets.co.uk/
88 Energy (88E) released it's Bidder's Statement. If you're interested in the finer details of the deal, it's all here: http://clients3.weblink.com.au/pdf/88E/02234339.pdf As I've said before, expect them to start planning soon for the next big drill, which could be quite interesting once fully financed. It’s a share, where if you time it right, delivers returns virtually as good as guaranteed (it did an easy 100% last time from the 0.7p placing in the run up to the spud and I highlighted it as a favourite several times in the blog before that run). It's one I've also profited from many times before. Obviously, you never hold for the drill result.
88 Energy (88E) announced that Charlie-1 appraisal well drilling has commenced. They say they’re "optimistic that success is just around the corner." This is a credible drill since Premier Oil (PMO) has farmed in, and a big one targeting 1.6 billion barrels of oil with 480 million barrels net to 88E. Among the less credible projects, Angus Energy (ANGS) announced a CPR for the Saltfleetby gas field, touting reserves of 16 billion cubic feet of gas which will, they claim, generate total cash flow after costs of approximately £50 million. Lekoil (LEK) announced the results of their internal investigation into the OPL 310 facility agreement. SDX Energy (SDX) announced that their play-opening BMK-1 well in Morocco encountered commercial quantities of gas in both target horizons. The rig now moves to drill the potentially play-opening LMS-2 well. Predator Oil & Gas (PRD) also announced the approval of the environmental impact assessment for their upcoming Morocco well. Back to the news, Solo Oil (SOLO) announced a transaction update and restoration of trading. Nostra Terra Oil & Gas (NTOG) and Zenith Energy (ZEN) issued their announcements. Meanwhile, the ex-Nostra Terra Ewen Ainsworth stepped up, along with the ex-Sound Energy James Parsons, as new directors of Ascent Resources (AST), both having passed the “necessary regulatory due diligence” checks, however low they may be. The merry-go-round of failed AIM company directors continues to turn. On a brighter note, Tower Resources (TRP) announced a Cameroon farm-out update.
88 Energy (88E) announced that Charlie-1 appraisal well drilling has commenced. To quote, they are "optimistic that success is just around the corner." This is a credible drill since Premier Oil (PMO) has farmed in, and a big one targeting 1.6 billion barrels of oil and 480 million barrels net to 88E. SDX Energy (SDX) announced that their play-opening BMK-1 well in Morocco encountered commercial quantities of gas in both target horizons. The rig now moves to drill the potentially play-opening LMS-2 well. Predator Oil & Gas (PRD) also announced the approval of the environmental impact assessment for their upcoming Morocco well. Solo Oil (SOLO) announced a transaction update and restoration of trading. Nostra Terra Oil & Gas (NTOG) and Zenith Energy (ZEN) issued news. The NTOG board room drama has been brought to a close with Andy Morrison becoming Chairman and Ewen Ainsworth stepping down. On a brighter note, Tower Resources (TRP) announced a Cameroon farm-out update. Half the well costs are now covered and other half is under discussion, with the company confident.
It was a busy week, with a number of interesting announcements. After a suspension in Australia, 88 Energy (88E) completed a £2.6 million placing at 1.1p. 88E’s previous drilling partner, Red Emperor Resources (RMP) issued its quarterly report. RMP continued to conduct due diligence on a number of potential projects and, at the end of the quarter, had cash of approximately A$5.1 million. Europa Oil & Gas (EOG) announced that the major oil company, with whom it has been negotiating, has pulled out. Europa now is looking for another partner to drill its Inishkea prospect, which has gross un-risked prospective resources of 1.5 trillion cubic feet of gas and an estimated geological chance of success of one in three. Meanwhile, Egdon Resources (EDR) issued a more positive announcement. They've signed a farm-in agreement with Shell UK in relation to their offshore licences containing the Resolution and Endeavour discoveries. Lekoil (LEK) appear to have managed a reprieve. Obligations to Optimum Petroleum have been deferred, so that $2 million now is to be paid on or before 20 March 2020 Petrel Resources (PET) looks like it could be having middle-Eastern financing issues too, but the wily old John Teeling looks like he may have the chancers by the short and curlies, having obtained an injunction blocking all trading in the shares issued to this group.
lt turned out to be quite an exciting week. Global Petroleum (GBP) announced a new prospective resources estimate of 964 million barrels of oil for its petroleum exploration licence 94 in Namibia. One reservoir is estimated to have best estimate unrisked gross prospective resources of 772 million barrels of oil with a 15% chance of geologic discovery. It's worth a go, yet at the same time it's worth nothing to them unless they can drill it, which will require either a farm-out or a large financing. News of that is still awaited. Regal Petroleum (RPT) announced a memorandum of understanding to acquire licences in the Ukraine with estimated oil initially in place of approximately 675 million barrels. They intend to appraise the licences with the drilling of up to three wells. Existing 3P reserves for RPT currently are estimated at 3.89 million barrels of oil equivalent, so this transaction, if it proceeds, could represent a very significant uplift. Generally I'm cautious about companies operating in the former Soviet Union, but this now is one to keep an eye on. More bad news for Providence Resources (PVR) unfortunately. TOTAL have withdrawn from the licence containing the "Avalon" prospect. And there's still no news of a replacement farm-in partner for Barryroe, so the share price just continues to drift lower. Another Dublin company continues to go in the opposite direction. Petrel Resources (PET) pushed on with its remarkable journey higher, hitting 26.5p last week, up 2,550% from the 1p price at which I stated it as a favourite several times earlier this year. More companies like this in the private blog if you're interested. Cluff Natural Resources (CLNR) announced that it has submitted multiple applications for additional licences in the latest 32nd UK Offshore Licensing Round. Interestingly, one has been made jointly with an established international operator (I would guess Shell). The blocks applied for contain a number of drilled discoveries, undrilled prospects and leads, which will create a strong pipeline of future drilling opportunities. They say they're making significant progress on the existing portfolio, in particular the licences which Shell farmed into earlier this year, and they're now working towards a firm well commitment on Selene and Pensacola. With a £19 million market cap and a £15 million fundraising completed over 30% higher than the current 1.325p share price, it's certainly one for the watch list. Their farm out process on the Dewar prospect has generated significant interest and announcement of the completion of this could act as a catalyst. UK Oil & Gas (UKOG) announced the completion of HH-2z. Extended well test operations are expected to start next week. Stephen Sanderson, UKOG's Chief Executive, is "confident that the 2,500 ft of permeable Portland sweet-spot reservoir section, 70 times that seen in HH-1, can deliver significant rates." What I think we can be confident of is that UKOG will issue the most positive press releases possible. Where this goes now though is very much going to be a function of how much the convertible loan note holders sell. PetroTal (PTAL) announced a drilling and production update, providing an increased 2019 exit oil production rate of 11,000 - 13,000 barrels a day. They will complete new production facilities towards month end, increasing capacity to 10,000 barrels of oil per day, but expect that the facility will be able to handle in the order of 15,000 barrels per day. This is the first “forward looking” RNS that the company has issued and some are expecting a placing, but let's see. Union Jack Oil (UJO) finally announced its placing. £5 million is being raised at 0.15p. They and Reabold Resources (RBD) now are funded for two further wells at West Newton, which are expected in the second quarter of next year. The interesting mystery here now is what is going to happen with Humber's share. Independent Oil & Gas (IOG) announced that henceforth it will be known simply as IOG. The aim is to have a new identity and hopefully put behind controversial associations of the past. It's another one to keep an eye on and once the many loose shares in issue have found more permanent homes, it should start to work its way higher. 88Energy (88E) announced completion of the farmout with Premier Oil (PMO) and approval of the plan of operations for Charlie-1, which is expected to be drilled in February next year. The gross mean prospective resource across the seven stacked targets to be intersected by Charlie-1 is 1.6 billion barrels of oil (480 million barrels net to 88E). Bahamas Petroleum Company (BPC) now is trying to raise funds from locals to finance next year's drill via the creation of a Bahamas-domiciled mutual fund that will exclusively hold BPC shares. It's quite a novel approach and I imagine people could be interested. It will be fascinating to see how this goes and I'm sure many other companies will be interested in the outcome. I3 Energy (I3E) announced another disappointing well result, but many obviously knew about it in advance of the market. I said on Wednesday that this one is a rigged deck and unless you're an experienced trader I would suggest leaving it alone. The share price continued to collapse again on Thursday prior to a further announcement of the conclusion of its 2019 drilling campaign (people had been led to believe there might be a fourth well). I now view this as uninvestible. Longboat Energy (LBE) listed this week. Essentially it's a cash shell looking for a deal. Could be interesting and I'll be looking into it further. Another one that appears to be entering the oil and gas space is MetalNRG (MNRG) which announced the signature of an exclusivity agreement to acquire 75% of an established operating company based in Romania, which owns 100% of an oil and gas concession. No details on this yet, but as they become available I'll share my thoughts. Finally, Egdon Resources (EDR) announced licence extensions covering the Resolution gas discovery where a Competent Persons Report by Schlumberger reported estimates of mean contingent resources of 231 billion cubic feet of gas. They announced earlier this month an exclusivity agreement regarding these licences with a large internationally recognised exploration and production company and they have until 31 January next year to demonstrate to the Oil and Gas Authority's satisfaction that a farm-in agreement has been fully executed which provides for funding of the licence work programme. It's potentially interesting if they can pull this off. In closing, if you'd like to know my trading ideas (and as those who follow me know, I'm rarely wrong), then subscribe to the private blog at https://www.oilnewslondon.com/oilman-jim The link is also on my Twitter profile page.
PetroTal completed its first horizontal well and announced an initial four-day production rate of 6,200 barrels of oil per day. It's already spudded its second horizontal well and is aiming for production of 10,000 barrels of oil per day by the end of the year with 20,000 barrels of oil per day targeted by the end of 2020. Market cap is currently £116 million, which actually isn't expensive at all if these objectives can be met. Block Energy is another company drilling horizontal wells, but with rather less success. It announced an operations update and claimed to have successfully cemented casing at the 38z well. Completion of drilling operations is expected in around two weeks, so we should soon see whether they've been able to prevent fluid incursion, which comprised most of the claimed "production" at their previous well, 16z. Block plans to sidetrack three other wells, test one of the field's gas discoveries, and drill a new gas well, so this does have potential, but it's going to need to recover investor credibility. UK Oil & Gas announced the commencement of its horizontal drilling operations. HH-2z aims to deliver a circa 3,200 ft horizontal section wholly within the Portland reservoir's most oil productive zone. The well is expected to reach its total depth around mid-November and be producing by year end. I reckon it could be good for over 1,000 barrels a day. 88 Energy announced its quarterly report and confirmed that the Charlie-1 well is to be drilled and tested in the first quarter of 2020 using the already secured Nordic-Callista Rig-3. This is a big one: total gross mean prospective resources across the seven stacked targets to be intersected by Charlie-1 are 1.6 billion barrels of oil, 480 million barrels net to 88E. As the placing shares from last month clear, I would expect to see this move higher. Finally, more nonsense with Anglo African Oil & Gas, who announced a non-binding indicative term sheet for an agreement which, if it were to complete and on bringing well TLP-103C into production, would provide up to 25 million dollars in offtake and prepayment financing. Unsurprisingly, their audience didn't read beyond the headline, wrongly interpreted this as financing of the drill and got spiked. The financiers, Riverfort and YA II almost certainly will have been selling into this volume, but whether they can sell sufficient shares at a high enough price to finance the drill is another matter entirely. Moving on, news from all the other companies who have made announcements so far this week will be covered in the Sunday blog and I'll be back on Saturday with another podcast focussed on whatever interesting looking news comes out in the meantime.
Many drills now are underway and getting the bad news out of the way first, Petro Matad announced further disappointing drill results at Gazelle-1. They say they are casing it pending further evaluation, but in reality, it appears to be non-commercial. They also say well testing at Heron-1 is costing more than expected, so they're postponing their plans to return to drill in Block 5 during 2019. I think placing can be expected. Petro Matad's current drilling programme may now have finished, but on the bright side, I3 Energy, UK Oil & Gas, Alba Mineral Resources, Coro Energy, Empyrean Energy and Falcon Oil & Gas all continue to drill. Next up per their announcements will be 88 Energy, whose Alaska well is planned for February next year and it's a big one targeting 1.6 billion barrels. Looking at the list, UKOG and 88E would be my favourites here. Another company hoping to drill in Alaska either this winter or in spring next year is Pantheon Resources, who want to drill a minimum of two wells, subject to completion of a successful farm-out. Therefore, assuming they actually have valuable acreage attractive to a farm-in partner, it was rather surprising to see them announce that Halliburton will transfer their entire working interests in the leases to them in exchange for Pantheon accepting responsibility for future lease obligations. It appears that Halliburton views the Pantheon acreage as having no value at all, in fact being more of a liability than an asset. This isn't really a surprise to those who follow this company, but how on earth does it continue to maintain a £90 million market cap? The most interesting question is who supports the share price of this company - and why? Bahamas Petroleum Company posted its open offer circular to shareholders. The offer is 1 new share in the company for each 5 shares held, at a price of 2 p per share. 338 million new shares are being offered and they're hoping to raise 6.8 million pounds. Key here and the actual purpose of the offer in my opinion having previously denied they were planning a placing to institutional shareholders, is that in the event not all of the shares offered in the open offer are subscribed for by shareholders, they will seek to place any unsubscribed shares. I think they're hoping that the shorts will take it up to cover. If not, the placing is underwritten for 1 million dollars, so at least the management get to keep paying their salaries. My opinion on Bahamas Petroleum remains the same. Wait and see if they actually can raise the funding for their drill and review the situation then. Tower Resources, which I mentioned as a good bet on Wednesday, saw a decent amount of buying as a result with the share price firming up over 0.4 p. Tower is also issuing 50 million shares in lieu of fees and, with an admission of the first tranche of placing shares and the fee shares taking place on Monday, we could be seeing some of this stock hit the market next week. If the price comes back under 0.4 p, that could offer another good buying opportunity. Down at this level, I think the odds are probably very much in the buyer's favour. Moving on, news from all the other companies who made announcements last week will be covered in the Sunday blog and I'll be back mid-week with another podcast focussed on whatever interesting looking news comes along in the meantime.
There's no 30 minutes of waffle and paid-for opinion in this oil and gas podcast, just 3 minutes or so of fact-based reality, so let's start with Rose Petroleum, which announced an 85% reduction of their Paradox acreage from around 80,000 acres to 12,000 acres to save on annual lease rental costs. They still retain the key drill site, but Rose is already in this deal on a promoted basis, paying 100% of the well cost for a 75% interest in the acreage, so although they talk about it, it's difficult to see a further farm-out. And since previous management couldn't raise the funds to drill this project, why should the new? The current management talk of new deals, but still have no details - and the big unanswered question, of course, is how are they going to raise the finance both for any new ventures and for Paradox? On to more positive matters, 88 Energy announced it had executed a rig contract for the upcoming drilling of the Charlie-1 appraisal well on the Central North Slope in Alaska. The spud of the well is planned for February 2020. Currently, this is the only major financed drill coming up and it should attract a lot of attention, particularly with the huge numbers being touted. They're claiming an unrisked prospective oil resource totalling a gross mean of 1.6 billion barrels of oil in all the horizons they expect Charlie-1 to intersect, of which 480 million barrels of oil is the net means to 88E. There was a placement last month of 540 million shares at an equivalent of 0.7p and, once those shares have churned, I would expect this to start moving higher UK Oil & Gas announced the successful completion of HH-2 coring operations at Horse Hill. The 240 ft core has clearly identified the Portland reservoir's most productive zone or "sweet spot", the most porous and permeable vertical zone within the oil pool, which will now be the target of the planned 1,000 m HH-2z horizontal trajectory, expected to commence next week, which will be drilled wholly within the most oil productive part of the Portland, the zone capable of delivering the most significant flow rates. UKOG Log samples The core is now at a laboratory, where a geological and petrophysical analysis is underway and results of analyses that directly impact the field's possible increased oil in place and recoverable oil volumes will be reported soon. So far, UKOG has been delivering strong announcements ahead of schedule and all is looking good for a strong move upwards in the share price before the end of the year. Finally, Tower Resources announced another placing at the lowest price yet of 0.325p. Drilling of the NJOM-3 well is entirely dependent on a farm-out, but with the Chairman & CEO putting up nearly half of the £1.5 million being raised, he must be fairly confident. It's a gamble, but I'd say not a bad bet. Moving on, news from all the other companies who have made announcements so far this week will be covered in the Sunday blog and I'll be back on Saturday with another podcast focussed on whatever interesting looking news comes out in the meantime.
Welcome to the 14th CONKERS’ CORNER. In this interview I have the pleasure of speaking with Steve Larratt @slarratt1 on Twitter. Many on Twitter call Steve “Mr 88E” because of the fact that he completed more than a staggering 600 hours of in depth research into 88 Energy after finding what he thought was a once in life-time investing opportunity. Unlike many Steve did not covet ‘his’ research, he instead freely shared it with many investors via Bulletin boards, Twitter, discussion forums and across social media. Steve accumulated shares in 88E over several tranches and the lowest price that he paid for a tranche was 0.33p . At one stage Steve’s profit was more than 1200% on his cheapest tranche. At 88E’s recent peak, Steve ‘s name was lauded every where he went because he made several investors that had followed his extensive research “very rich indeed”. Many of you will be wondering how or indeed why would someone spend 600 hours researching one stock. Well therein lays Steve’s background as an Internal Analytical Research Auditor, where he was employed by a significant organisation to find items and truths that individuals and entities did not want found. Steve only started investing in stocks around 2009 after seeing many of his colleagues making money from investing in stocks. It was around this time that Steve came into some money. He admits that when he first started out investing he didn’t do much research and “would punt money” because he was cash rich. He learned very quickly that that could not be his long-term strategy. Hence he now does what many would call forensic research. As a shrewd private investor and generous sharer of information, Steve has numerous examples of exceptional returns including that of Rockhopper, Melrose Industries, Greggs and of course 88E. Listen now to gain insights into how Steve invests, how he researches potential stocks and learn from the lessons in his investing journey.
Welcome to the 8th CONKERS' CORNER. In this podcast I have the pleasure of speaking with Roz Sherali @Aim_Trading or Roz as everyone knows her on Twitter. Roz’s first interest in stocks and shares evolved from the Conservative government’s de-nationalisation policy of utilities and services. She participated in some the privatisations in the early 1990s, including that of Scottish Power. Roz is an ex-Investment Banker and has worked for both Deutsche Bank & JP Morgan. Whilst she sees her trading & investing as a hobby, it is one that she is very passionate about. She describes herself as a “high risk investor” that enjoys “taking very high risks in stocks”. Her strategy of researching strong high risk AIM-listed companies, with strong fundamentals, great management and getting her timing right has led her to some notable successes. These include UKOG, KRS and 88E where she made >1100% on her initial investment. Listen now to gain insights into how she invests, how she manages the high risks and learn from the lessons in her investing journey.