The AlmostMongolian Portfolio

Nov 08, 2023

DISCLAIMER: None of this is investment advice. The AlmostMongolian portfolio could be a mere figment of my imagination. The returns I provide for the closed positions could also be completely inaccurate and possibly also imagination. Don’t trust anything you read below.

I will update this page regularly based on changes

AlmostMongolian Portfolio:

Not many people get to experience seeing the AlmostMongolian Portfolio for the first time. Enjoy the moment. Saviour it.

Positions ordered by size(CB=Cost-Basis):

$GMX.TO Globex Mining Enterprises CB 0,76$ cad

Globex Mining Enterprises: Great business, great CEO and extremely low valuation

AlmostMongolian

May 3, 2023

Globex Mining Enterprises: Great business, great CEO and extremely low valuation

I had a brief gold and silver miner phase that started in 2020 and ended at the beginning of 2022. I guess I understood that trying to predict the gold price is like trying to predict the oil price, but 10x times harder. And during this phase, I looked at many companies in that sector, but not many stuck in my mind after the phase was over, but Globex m…

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$MIND Mind Technology (preferred shares 75% common shares 25%) Preferred shares CB 13,27 common shares CB 5,6 USD

Below article was written when I was 100% common, but when Mind announced the new vote terms I swapped most of the commons into preferreds for the arbitrage opportunity

Mind Technology: Highly Asymmetric Opportunity

AlmostMongolian

November 7, 2023

Mind Technology: Highly Asymmetric Opportunity

Before I start talking about why I think this is a great investment etc. I will show you what you might be in for if you decide to get involved. As a warning.

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$ILLM.TO Illumin Holdings Inc. CB 1,84$ cad

Illumin: I like the Risk/Reward

AlmostMongolian

Mar 11

I added Illumin to my portfolio after the stock had been decimated. In my opinion too decimated and that is providing a really interesting risk/reward opportunity. Illumin Illumin is an adtech-company. They are a demand side-platform (DSP) which is software that helps advertisers advertise online.

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$ASTL Algoma Steel CB 6,74$ USD

Algoma Steel part 2: EAF project, plate mill modernization and steel prices

AlmostMongolian

November 4, 2023

Algoma Steel part 2: EAF project, plate mill modernization and steel prices

Here is my first Algoma article. In the first article, I mostly ignored the EAF(electric arc furnace) transition and many other things, because my argument was that it’s cheap regardless. Reading that article makes me see how little I actually knew about Algoma at the time. I had held the stock about a month before I wrote it and I had not done much DD o…

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$ESI.TO Ensign Energy Services CB 2.76$ cad

$VXTR Voxtur Analytics CB 0,28 cad

Voxtur Analytics: Focus on Blue Water

AlmostMongolian

November 16, 2023

Voxtur, Voxtur… Where do I start? Voxtur is a collection of different real estate technology- and technology service businesses bought by the current CEO and executive chairman Gary Yeoman. It’s kind of a synergistic, cross-sell strategy. He took control of this company Ilookabout a few years ago and started shopping. In 2021-mid 2023 another guy took th…

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$VLE.TO Valeura Energy CB 3,53 CAD

Valeura Energy: Relentless Climb To Fair Value

AlmostMongolian

Apr 14

Valeura Energy: Relentless Climb To Fair Value

As a natural dip buyer, it’s tough to buy into stocks that have already moved up a lot. There is a thought that the stock has already exhausted most of its upside if it’s already up 10x like Valeura was when I got in. But when I got this thought I had to remind myself that this thought was idiotic, because thinking like that is putting the cart before t…

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$MMI.AX Metro Mining CB 0,0443$ AUD

Metro mining: Extended Edition

AlmostMongolian

Jul 1

I wrote a short piece about Metro Mining in my watchlist article, but since Metro Mining has moved from the watchlist to the AlmostMongolian Portfolio I wanted to expand it. I had to throw Metals X under the bus to get in. In this one, I will also go into the bauxite market. Is Bauxite going up!? It has a hashtag on Twitter now. Which is one of the most …

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$AOI Africa Oil CB 2,34$ cad

Africa Oil: The cheapest oil stock I know

AlmostMongolian

Jan 29

Africa Oil: The cheapest oil stock I know

Africa Oil has been cheap for a while, but it has also been confusing, and directionless, but in recent months there has been a shift within the company, because of management changes. A new direction that I like. Maybe some of you have looked into this company in the past and you have seen this monstrosity.

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$ACTHF Aduro Clean Technologies CB 0,64$ USD

$PEI.V Prospera Energy CB 0,075 cad

$QMCI Quotemedia CB 0,22$ USD

SMSI 0.00%↑ Smith Micro Software CB 9USD

Closed Positions+Total Return of each closed position

Tracking starting from 1.4.2023. It starts from there because before that there was too much trading, too many transactions. I use total return because it includes dividends.

Ordered by how much money was gained or lost(not %):

Biggest gains or losses first and smallest last

8.12.2023 $PBR.A +71%

3.1.2024 $RZE.V -65%

28.5.2024 $MLX.AX +67%

17.5.2024 $ELR.TO +83%

14.12.2023 ZIM 0.00%↑ -22%

3.1.2024 Nasdaq-100 ETF short -14%

8.6.2023 $EC 0.86%↑ +17%

12.4.2023 $CGG.PA -7%

2.11.2023 $CRMZ +2%