Archives: Questions And Answers
Blimey, talk about moving from the frypan – South Korea – into the fire – Japan! I’m invested in HJPN (Japan hedged) rather than IJP (Japan unhedged) because until very recently HJPN has performed much better. I have been reading lots on Scott Bessant’s move to bolster the yen as it is very much in America’s interest to do so. I watch the exchange rate carefully. But, I’m in rather a fog as to whether I should sell quickly if the traders have their way and it falls, or wait and judge the reaction of BoJ and the US until a direction becomes clearer. Any suggestions from your team would be appreciated. I’m not used to dealing with these huge currency challenges!
Do you like TLS At 4.74 after report?. Is ASX Limited a short around $64?. What do you see stopping CWY Deal getting done at 3.13?. Will ppt get sold for 22.50? David C
Good evening,
If you were to build a portfolio of 5 ASX resources stocks (across base metals, precious metals and energy) what would be your highest conviction picks right now and why. Can be large cap and small caps.
Apologies guys but can you please advise your latest thoughts on MA2HA. Think you have addressed this one over time – but your latest thoughts pls.
Cheers
I note with interest in your Q&A, there is often an interest in a uranium stock like Paladin. There is also Cameco in your International portfolio.
As I understand it, your thesis about a very supportive (though volatile) position with uranium is;
Large supply side shortfall after many years in doldrums,
Strong demand in China & India for energy,
Strong growth in AI energy needs, particularly low emissions.
However while there has been price growth over 2-3 years, shares and uranium spot prices have not managed to fully and consistently grow their values. (Sure they’re better but not great).
Is there another element to the shortage of supply side story? eg are there uranium mines mothballed or ready to produce that will force prices down. Does the ‘green’ lobby still strongly say that nuclear is bad theory?
James, I don’t usually write empty praises, just to win favours or encourage you, but reading your reply to “The psychology of investing” almost perfectly described me. After about 40 years of trading/investing on the ASX, at the age of 88, I still find it difficult to except a losing decision, and crystallize the loss, by selling it. Consequently, I hold some stock, like WTC, with large losses. I tell myself, management private behavior, should not influence the share price. The market says otherwise. I know about fighting the tape, but…
When I do sell a stock, even for a very small profit, I do feel elated.
My other problem area is selling high dividend paying shares. I suspect, many other subscriber feels the same. The best example is GQG. Its price is falling since 2024, but it pays nearly ~11% dividend! … and it pays it 4 times a year. I suspect, they paying it that frequently, to remind everyone “I am high yielding”. I keep asking myself “if I sell GQG, where can I invest this money, showing better than 10%?”. I do ask myself your suggested question “If I did not already own this stock, would I buy it today at the current price?”, but unfortunately, I come up with the wrong answer!
Best regards,
John G
