Archives: Questions And Answers
Hi James and Team
Can I have your current view on Iron Ore.
It has fallen back since early Jan when the likes of RIO, FMG and BHP reached all time highs. I know a lot of this is determined by China. However do you feel leading into Feb and their dividends they will rally back to all time highs?
regards
Deb
Hi guys, Thanks again for the work which goes into the reports and research every day. Not sure if you’ll be doing the Q & A this Saturday but it’s not a time related question anyway.
When doing technical analysis, what and how do you use/do?
I’ve been trading for around 10 years now, but still like to listen to others to learn and improve. Myself, I use support/resistance, EMA’s, trendlines and Fib levels to identify areas of interest and price action for entry / exit; of course with a fundamental reason.
Greetings, Happy New Year and a thank you for all your work.
I have yet to own BHP but would really love to. I am just wondering where you think the share price may be going for the rest of 2024.
Thx so much, Bob
Your market report today briefly talked about NXT in your tech section but said you preferred GMG in this space. I understand that GMG recently announced moving into data storage as part of their overall portfolio. On the other hand, NXT portfolio is data storage. I believe there is a very specific expertise to this sort of structures. NXT measures growth (sales) in megawatts MW, that is energy required for customer needs. Given the exceptional growth in data storage needs, wouldn’t you think having an expert supplier such as NXT would be better to build a stake in this segment?
You have had SIQ on your Income Portfolio hitlist for some time. What entry level are you looking for to buy in? Also VUK has been volatile over the past few months but appears to now be steadily improving. What are your current thoughts on the stock. Thanks
URW, SCG, WBC. Is it a risk that URW started with 600mil CDI’s on the ASX and now has only 140mil?
I guess we all have a bugbear share or two in our portfolios – mine is currently Navigator Global Investments Limited (NGI). We have held this share for some years in our income-orientated SMSF, and had good returns in the early years. Then in mid 2022 NGI announced a share placement to part fund an investment in Invictus Capital Partners, with a reduction in the dividend payout range to also help fund the acquisition. Should have seen that our investment thesis had fundamentally changed – the share price marched downwards and the dividend yield hasn’t recovered. We now have a significant unrealised capital loss, and NGI have now come back to the well with a Rights Issue to fund another acquisition. It looks to me that if we don’t partake our shares will be diluted circa 10%. Does MM have any general thoughts on the merits of the current Rights Issue or NGI’s future prospects? I have come to view MM’s publications as a very welcome BS-free source of information amid the tumult of market ‘noise’, most of which is self-serving – keep up the good work.
First I would like to wish all the crew at MM a great Christmas and a better New Year.
I would love to hear your thoughts on APM as It appears to have a good fully franked dividend. But of late the share price has been hammered
