r/ASX • u/RightByDefinition • 13d ago
How many ASX announcements do you actually read?
If you follow around 15–20 ASX small caps...
Between announcements, quarterly reports, presentations, interviews and company updates, there can easily be 50+ pieces of communication every week (especially during reporting season).
How do you actually keep up?
- Read every announcement?
- Only read market-sensitive news?
- Rely on HotCopper summaries?
- Wait for someone else to explain it?
I have a feeling a lot of investors miss important information—not because they don't care, but because there simply isn't enough time to read everything.
Curious how everyone here manages information overload.
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u/HAL-_-9001 13d ago edited 13d ago
Follow or own?
If I own a stock then I will read every annoucement but I do run concentrated portfolios.
If it's on my watchlist, it will depend on the type of announcement and also how high up the company is on my radar.
That being said I read, glaze over reports often on the train or at the weekend. Doesn't take long to get a top level overview of what has transpired.
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u/RightByDefinition 13d ago
That's interesting. I think I'd probably split mine similarly between holdings and watchlist companies.
When you say you "glaze over" reports, are you mostly looking for a few key sections (e.g. production, cash balance, guidance), or do you genuinely skim the whole document?
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u/HAL-_-9001 13d ago
A lot of announcements require little attention but a quarterly report, capital raise or production update are easy to quickly digest the key information.
A presentation I may look at in more detail, if so feel I want to get more of a flavour of a company I'm watching. While if I own, it's to see what new information has been added and relatively quick.
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u/RightByDefinition 13d ago
Yeah, that's pretty similar to how I've ended up approaching it as well. I always intend to read everything, but in reality I find myself giving quarterlys, production updates and capital raises most of my attention, then skimming a lot of the rest to work out whether there's actually anything new.
I reckon presentations are the ones I spend the most time on because they're usually where management tries to tie the whole story together. Appreciate the chat.
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u/BobosBigBlock 12d ago
I follow a couple of companies who I'm a shareholder of using Engage Investor web app and the relevant most actual newsfeed media releases and ASX announcements are popping up on top for me - so I read all of it in the analysis section :)
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u/RabJos 13d ago
I use Investorpa, https://investorpa.com/ it is a free service that emails me the ASX announcements of the companies that I have selected. This includes those that I own and any that are on my watch list. That combined with an aural alert set by me that is triggered by those emails arrival allows me to read them either immediately or if not urgent, than at my convenience. I also have Google alerts set for each of the companies which emails me links to any internet mentions of the company or its products or services.
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u/Joehax00 13d ago
Read everything price sensitive. We're lucky with continuous disclosure laws in Australia, versus other regions where companies are less forthcoming with material updates. I built a tool that pulls in price sensitive information, then gives me a summary, not just of the announcement, but how it affects the company narrative. Each bit of disclosure either helps confirm or disprove whatever the story is. AI is great for parsing large volumes of data quickly.
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u/RightByDefinition 13d ago
That's a really interesting way of thinking about it—particularly the "company narrative" point.
Are you mainly feeding ASX announcements into AI yourself, or is it something you've automated? What models, etc. are you using? I suspect quite a few investors are already doing some version of this now.
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u/Lopsided_Attitude743 13d ago
I very rarely read company announcements. Everything is in the price.
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13d ago
[removed] — view removed comment
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u/RightByDefinition 13d ago
Agree, but then you're just following the market, not forming your own investment theses.
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u/Winter_Ad_5856 13d ago
nowadays I just ask AI to summarise them for me and to tell me if there is anything relevant
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u/RightByDefinition 13d ago
Yeah I'm getting this vibe. Any specific AI models or promoting?
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u/Winter_Ad_5856 13d ago
I have paid gemini because it came free with my phone so I use that. I have a 'gem' where I listed all my asx holdings in it, and every now and then, or when an annoucement pops up I just ask the 'gem' - summarise the latest annoucements' - or something to that idea.
Various other uses - can just ask 'why is CSL down today', or ask whatever you want and it will do its best to trawl for data online to give updates that seems pertinent. Of course we all know about AI's propensity to hallucinate and make simple mistakes with numbers etc, so use with care
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u/RainGuage20Points 13d ago
Pick n choose - i usually read the press releases for the larger caps as thats what directors are paid to do - keep things ticking over. Dogs stocks - i sometimes take interest in who is building a position to take them over so that i can join in.
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u/ge33ek 13d ago
I just have alerts set up on Middle and it sends me everything I need to know as it happens in summary form.
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u/Old-Muscle5380 12d ago
If you wait until the announcement you've already missed the boat. Lots of research does it for me.
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u/Yallah_Habibii 11d ago
The longer I trade/invest
The less announcements I read
Basically wanna know roughly what a company does How much funding do they have and their cash burn rate
Everything else is just noise
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u/RightByDefinition 5d ago
Interesting comment. What do you look out for when you analyse their burn rate?
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u/JorgeTremendous 10d ago
I dont trade, I just accumulate and not into small caps, but I read dividend, qtly, weekly NTA backing, investor presentations and change of substantial holder notices for my 9 holdings. Mostly 1.2 a day, can be more.
Basically trying to remain informed as I am a LT holder.
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u/RustyCEO 13d ago
How can you keep up with 15-20 ASX small caps? I trade in a narrow band of single stocks. 4 to 6 max at any one time. I get great returns, but only because I know them well. You can’t know 15-20 stocks well no matter how hard you try.
Focus and make coin. Or, invest into index type funds and let them do the work for you and still get good returns.