CWNHB, PLS & NXT
Hi James,
I’m after an update on CWNHB. I bought last month when recommended and considering adding more. Could I have a quick buy/hold/sell for PLS and NXT. I enjoy the daily reports.
Cheers
Mike F
The Latest Q&A
Answer
Hi Mike,
- Crown Resorts Hybrid (CWNHB): we hold this hybrid in our Active Income Portfolio, its been a tough few weeks but when the dust settles we believe in the $87 region they represent good risk / reward as some form of takeover remains likely. It’s important however to consider position size. Given this is a high risk position, we will be keeping it as a 4% weighting in that portfolio.
- Pilbara (PLS): This lithium company like most of the sector looks great, if MM was long we would be place stops at $1.60 and hopefully enjoy the ride.
- NEXTDC (NXT): This data centre operator remains bullish targeting new all-time highs in 2021
