Market Matters Q&A

BHP Group (ASX: BHP) or RIO Tinto (ASX: RIO)?

Hi Team,
Many thanks for the very informative CSC webinar today and the effort you guys put in to give us honest and sincere opinions.
Could you please give your choice between BHP & RIO with your reasons.
Thanks.
Shabbir

Shabbir

Gold

Hi MM team,

Keep up the great work. I am quite exposed to gold equities which unfortunately have tumbled along with the gold price due to rising bond yields due to inflation expectations running hot in the US and rest of the world due to the war in Iran etc.

Keen for where you think gold might bottom out, perhaps from a technical perspective (or any analyses), and where you think it will end by year end, and in 2027.

Thanks,

Young

Young

Derivatives at MM?

Good morning team,

I noticed in one of your videos a few option legs written out on a whiteboard in the background,

I am curious how you utilise options in your own strategies, and if you also utilise Warrants at times too?

Chris

Ive Group Ltd (ASX: IGL) up +5.5% in a day – any reason?

Hi

At the time I’m writing this after the close on Wednesday, IGL has had a cracking day and risen 5.5% in a single session. It doesn’t usually move up or down by that much in a session. Thanks to MM I’ve been a happy, long-term holder and I’m planning to keep my shares for a while yet.

There haven’t been any announcements, so are there any whispers or other speculation about whether something is afoot or what might be causing that sort of increase? Of course, if the share price comes back down to earth before the Q & A then please feel free to ignore my question and I’ll assume it was just some buyers getting a bit carried away on the day!!

Cheers, Carl

Carl

Defence

Hi MM,

I’ll keep this brief as I’m short on time.

The following MM comment stuck out to me today: “Recent years have witnessed the Russia-Ukraine War, the US-Iran War and overall increased defence spending by Europe and the US. However, we feel, and hope, these tailwinds are mature and the “hot sector” will cool in the coming year (s)”.

Can you elaborate why you feel this way, a little to my surprise, as opposed to viewing defence as an enduring theme, characterised by a multi-year build-out by a range of countries, including in the West, over the medium to long-term? Given a range of unfortunate events over the last half decade, surely a strong military/strong defence capabilities are viewed as increasingly critical, with many countries needing to substantially increase their defence capabilities, not a quick or mature process?

Thanks,

Darren

Darren

Jumbo Interactive (ASX: JIN), Premier Investments (ASX: PMV) and Accent Group (ASX: AX1)

JIN had a big fall today I note the down grade but the reaction seems to be more than that ? Is it a good time to buy this stock ?

PMV has been rising over the last month makes me wonder is there some good news that has not come out yet ?

AX1 had a take over in the pipe line and has bounced off the lows do you see the deal going ahead ?

Thanks guys
Glenn.

Glenn

Plan for Trade Desk (NASDAQ: TTD)

Hi MM Team,

I am interested to get your thoughts on The Trade Desk (TTD) which has performed very poorly over the last 12 months.

The last Market Matters opinion piece was back in March, where the stock price was sitting around $27. The stock has since dropped to $18 in a consistent downtrend. Is this a turnaround story or are there better places to direct the funds.

Thanks,
Mitch

Mitch

Perpetual Credit Income Trust (ASX: PCI) and Dominion Income Trust (ASX: DN1)

Hello Team at Market Matters,
Thank you for all your work. The webinar on The Commodity Supercycle was excellent – extremely informative and important for me.
My question is actually about PCI and DN1. I presently do not own either. Would I be correct to say that their role is to provide a steady and reliable income with a hedge against volatility in the Income Portfolio?
If my goal is to add some hedging, traditionally portfolios look to straight Government Bonds for this purpose. What would the difference be in the way PCI and DN1 that mainly invest in credit and debt, and a bond fund behave in a recession, bear market or depression (such as BetaShares Active Australian Hybrids Fund ASX: HBRD or Coolabah Global Floating-Rate High Yield Complex ETF CBOE: YLDX)? Would they rise or drop in price? Would one of them provide a greater hedge?
Thank you and kind regards, Bob

Robert

Take overs

Hi Guys great work on the information you provided to keep us informed on the markets. Over the portfolios you run could you list the stocks that you think could be potentially take over targets. If any.
Regards
Wayne

Wayne

Service Stream Ltd (ASX: SSM) and Alcoa Corp (ASX: AAI)

Hi Market Matters Team

Could I have your current view on SSM – It reached a YTD High of $2.71 this week. This is one I’m looking to sell – do u see further upside? Would u continue to hold or sell SSM into this strength?

I know you have S32 for aluminium exposure But if u held Alcoa would you hold until the aluminium prices improve? They both peaked in early June with the affects of the war on supply. Do you expect AAI to reach that level again?
regards
Debbie

Debbie