Skip to Content

Month: March 2019

**An early afternoon note today as James and I are in a presentation this afternoon. Prices are as at 2.40PM. Have a great weekend and keep an eye out for the Weekend Report on Sunday – Harry**

Low interest rates, or free money as we often call it, has arguably been the main contributor to the impressive bull market for US stocks post the GFC with it almost raining buybacks i.e. companies using money, often borrowed at low interest rates, to buy the companies own stock sending the shares higher. In 2018 […]

  • Posted in Uncategorized
  • Comments Off on What areas of the market perform well if the RBA drops rates?

Stock Eclipx (ECX) $0.66 as at 27/03/2019 Event The best performer on the index today is the stock that’s performed the worst over the past week. Eclipx had fallen nearly 70% in the 5 sessions to yesterday’s record low close, but has staged a recovery today in the face of the weakness after the company […]

  • Posted in ASX:ECX
  • Comments Off on Eclipx (ECX) share price rallies

Stock Coles (COL) $12.00 as at 26/03/2019 Event While ex-owner Wesfarmer’s takes a hit today as it plans a takeover of Lynas, the new standalone supermarket stock is rallying on news of an agreement it has signed with UK listed Ocado Group. Ocado is a world leader in innovation for grocery supply chains and will […]

  • Posted in ASX:COL
  • Comments Off on Why is the Coles (COL) share price rallying today?

Stock Wesfarmers (WES) $33.82 as at 26/03/2019 Lynas (LYC) $1.56 26/03/2019 Event A cashed up Wesfarmers – post Coles (COL) demerger and coal asset sale – has made its first move in its expansion plans with a $1.5b bid for rare earths miner and processor Lynas. The bid at $2.25/share is a ~45% premium to […]

  • Posted in ASX:LYC, ASX:WES
  • Comments Off on Wesfarmers (WES) eyes off Lynas (LYC)
Back to top