AWC has followed the aluminium price lower over recent weeks and as Harry Hindsight would say, we bought this at the wrong time with the break of the $2 failing pretty quickly. However, in line with our reflation view MM likes quality resource stocks into weakness and AWC certainly ticks these boxes plus a forecasted fully franked yield in excess of 5% is an added bonus. We are considering increasing this position.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Friday 19th April – DOW up 22pts, SPI down -55pts
Close
MM likes AWC under $1.90 and may average our position
Add To Hit List
Related Q&A
Your comments on some stocks please
What does MM think of A4N & Alumina?
Does MM like Alumina (AWC)?
When should we cut our losers?
Thoughts on AWC
MM views on AWC
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Friday 19th April – DOW up 22pts, SPI down -55pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.