Market Matters Q&A

DroneShield (DRO), Electro Optic Systems (EOS), Cash (AAA) & James Hardie (JHX)

Hi Team,

I would appreciate your opinion on the following:

1) Which is a better investment DRO , EOS or neither? Do you think they have bottomed?

2) Is AAA as safe as bank deposits? Is it prudent to put property settlement funds in AAA while waiting for the settlement?

3) I read one reason for the JHX share to drop so much yesterday is the cancellation of their CDI. Am I mistaken & how does it affect the share price?

I really appreciate the MM Q& A session every Saturday. Thanks again

SIDNEY

US Natural Gas.

Hi guys,
Can you give your thoughts on U.S. natural gas, it’s ripped higher, lately. Obviously seasonal demands pick up now, along with world issues but I thought this was largely inverted with oil prices and there’s not really been any surprises to change the supply outlook as far as I’m aware.
Regards, Simon

Simon

How to construct a portfolio post a correction.

Thanks James and Team,

Being a retired pensioner, I thought it would be prudent of me to cash up 50% of my capital. The question then is , if after a correction, how will I reconstruct my portfolio again…… Do I pick from ASX100 or follow reconstruct it as per your portfolio?

Ben

Simandou and Carma (CMA)

Dear James and Shawn

Two unrelated questions this week.
Firstly, with Rio’s massive Simandou mine in Guinea coming online shortly, how do you see its potential impact on the international iron ore prices in general, and more specifically, the potential impact on the fortunes of the likes of BHP, Min Res and Fortesque?

Lastly, Carma had a rather subdued IPO this week, which came as a bit of a surprise to me, as I expected more. What are your views on the company? Is the current price a good level to start nibbling, or should one rather wait a bit and see how this plays out?

Looking forward, as always, to read your comments.

Thanks and kind regards

Lambertus

Catapult Sports Ltd (CAT)

Hi Market Matters Team
What’s your view on CAT – You trimmed your exposure back to 4% on 27/10 – the SPP at $6.68 closed 5/11. The share price has fallen to low of $6.10 this morning. Trading around $6.20.
For those who do not hold CAT – at what price would you consider CAT a buy? or has the opportunity been missed at this price?
regards
Debbie

Debbie

GQG Partners Inc (GQG) and Perpetual Ltd (PPT)

Hi James,

GQG FUM 167.2 billion and Paid 7.7 cents dividend in the last 2 quarters, base on last year dividend 15.5 cents and current share price of $1.44 is equivalent to roughly 10.8% yield. why is GQG such a laggard after recent second quarter results?

PPT has got potential offered for wealth management business, why is the market ignore this news ?

Thanks James for your insight .

John

Macquarie Group (MQG) and ANZ Group (ANZ)

I’m a long-time holder of ANZ and was thinking of selling these and buying into Macquarie Bank. I would be grateful for your thoughts on these two banks.

Judy

WiseTech (WTC)

Hi MM,
For people without WTC exposure, do you think now is a good time to buy? With the recent ASIC office raid, I would have thought it’s premature to invest given the potential for further fallout as a result of the investigation.
Regards,
Peter

Peter

Precious metals cycle

Well, I’ve been out of internet range for two weeks and what a two weeks to miss!
Someone more adept at interpreting TA explained that it’s really been just the first pullback in the public participation phase of the precious metals bull cycle (ie) throngs at Martin Place, which is quite predictable. So, we have left the accumulation phase behind and have a considerable amount of growth ahead of us before we enter any extreme territory. Apologies for the simplistic language, but how do you feel about the next 12-24 months in this sector? Thank you.

David

Your thoughts on GR Engineering Ltd (GNG) and AGL Energy Ltd (AGL)

Dear Esteemed Team,

I am becoming more fearful of a severe downturn in the economy. Despite my tendency toward greed, I am leaning more and more to defensive stocks and not worry about ‘missing out’ on massive profits in AI and other hi tech sectors.

I notice you have AGL in your Income Portfolio . It has gone down a good bit the past few days which surprises me. I would see this as a good defensive stock with a good fully franked dividend. I notice they have only just re-introduced the 100% franking. Is this likely to continue and is it likely to do well as times get tougher.

GNG looks like a nice small/medium cap that you covered a few months ago and spoke well of it. Is GNG likely to thrive in hard times? Often mining services companies are the first things cut when the going gets tough. Are they likely to maintain their high fully franked dividend?

Thanx once again for your always wise counsel .

Octogenarian

Paul