Market Matters Q&A

Precious Metals

Okay, I’ve been investing for quite a few years now, but I’m the first to admit that I don’t understand much of what goes on in global financial markets. So, can you explain why precious metals are being sold off so heavily right when you’d think people would be buying and positioning themselves for this supposed commodities super cycle and fiat currency devaluations etc?

David

Orica Ltd (ASX: ORI)

Interested in your opinion

Phil

Po Valley Energy Ltd (ASX: PVE)

Probably a stock out of left field – but with a positive catch. Not many microcaps with $100m market cap have a recent history of generating real revenue, real cashflow, pay taxes and make a net profit. They operate and 63% own a single gas producing onshore well in Italy. They have 4 near term onshore wells going through regulatory processes with a Government very positively attuned to increase local gas production. They also have an offshore permit for a shallow water gas field close to infrastructure.
A very clean balance sheet with cash in bank and short-term Italian Gov’t bonds well ahead of total liabilities and are likely to fund the onshore new wells without extra borrowing or capital raise.
The share price has moved up 50% in the last month but welcome your quick evaluation whether further upside likely. I am a holder with a position acquired in July.

Thanks, DavidO

David

Uranium & Data Centres

I read your notes about the pullback in uranium stocks, writing: “slower data-centre construction could temper expectations for incremental nuclear-power demand. Their weakness on Monday alongside Asian semiconductor stocks illustrates how closely the market has linked the themes.”
Have investors forgotten that there are 440 nuclear reactors that were here well before data centres, with a further 120 planned, all of which are useless without uranium?
Together with the rotation out of precious metals, this market is making less and less sense to me.
Fundamentals appear to have become the rationale of last resort?

David

Fortescue Ltd (ASX: FMG)

I would like your opinion as to why FMG has crashed – was forecast to be in the mid $20s by MM now around $16

Raymond

HealthCo REIT (ASX: HCW)

Hi James & Team,
As the issues concerning the sale of the Hospitals in Healthscope and HealthCo have now been resolved, what is your view of (HCW). All Rents 100% have been collected to date, the NTA is valued at $ 1.34 per share and the assets are 99% leased with a 10 year WALE. Is it now a time to consider this stock? I Note that the Directors are buying at current prices of $0.76 a significant discount to NTA.

Richard

Ramsay Health Care Ltd (ASX: RHC)

Hi Guys, RHC is intending to distribute their Sante holdings in specie, to RHC holders. What are the benefits to us, and how would one be able to sell Sante shares? ln OZ on ASX?

Tony

COG Financial Services (ASX: COG)

I was hoping to get your thoughts on COG Financial Services, or do you prefer others in the financial services space? Many thanks for the opportunity excellent work, Mark

Mark

Abacus Group (ASX: ABG)

What is MP’s view on ABG after the sale of their share holdings in SKG. How suitable is ABG for dividend yield? Would it be a dividend trap at the current price?

Gregory

Suncorp (ASX: SUN) and CSL Ltd (ASX: CSL)

Hi James and Team
Can I have your current view on SUN & CSL.
What target price do you see for both in the next few months?
Reports in late August 2026 indicated that Japanese insurer Tokio Marine views Suncorp Group as a potential takeover target. Is this still in play? Higher interest rates benefit insurers. Do you expect this will support the share price of all insurers? Also, on the 16/9 SUN lost over 3% (62c) -was there a particular reason for this?
regards
Debbie

Debbie