Archives: Questions And Answers
Hi James and Team.
Hi Market Matters
How sustainable is this week’s momentum in Resources?
I have been painfully overweight resources and have benefitted greatly from this week’s rally. I have read differing opinions on the Chinese stimulus ie “More bullets than Bazookas” It seems most resource stocks have gained this week and I know it depends on stock specifics in the resource sector as to further gains and will be guided by your opinions and stocks held within your porfolios. But for instance resource stocks you’ve held in the past- IGO, ILU, LYC and PLS – Are you bullish these stocks?
regards
Deb
EML looks cheap to me with a lot of upside. Do you believe it is just out of favour with the market, or is it cheap for a reason, and there are on going risks with the company?
I have been with an advisory firm, United Advisory for about 12 months after my previous adviser retired. UA has been handling my superannuation investment fund but up till now I have directed funds to only be invested into Term Deposits.
I’ve been holding Qantas since early 2023 & they have hit the $7.00 mark do you think it is time to take profits and sell out of Qantas?
When will we know how many additional shares we will be allocated. As at 7.30pm on 18/9/24, have still not received any correspondence.
Thanks
Colleen Heatley
Has Appen had a journey to Damascus? It seems to have gotten over the impact of Google moving on and has seen a surprise rise in it’s price chart since late July.
Colin
Back in January of this year MM’s assessment of IPH was “looks okay under $7”, but with provisos about the organic growth potential of the company. The share price is now under $6 and they have just raised $100 million in a placement at $5.65 per share, to fund the acquisition of a Canadian firm.