Archives: Questions And Answers
Hi guys, just a quick one today.
What do you think could be a realistic Santa rally.
Looking across a few indexes we can see that the U.S. has had a really good rally lately and pretty much all pushing their highs; likewise, Euro indexes, even through Asia.
The U.K and ASX and still crawling around on the ground being only approx. 4% from their lows. The CAC has seemed to run well, and although we are similar with the FTSE, I feel we are lagging behind.
I know we are still having inflation issues and not looking as good as other places, but with that, businesses are still earning. Even with a 3% rally, we’d only be back to where we were a few months ago.
Regards,
Simon
Does a member have access to the portfolios? What brokerage is charged on portfolio trades?
Are there any other fees on portfolios?
Both entities had a change of management in recent times, and also a dive in their share price this week for different reasons. Do you think they are valued propositions and do you believe the strategies are sound, and that the current management has the capability to execute those strategies. Love to hear your thoughts.
Hi James and Team
What is your view on Austal after it announced a deal with the Australian Government as a strategic partner in WA and picking up 2 new orders at an acquisition cost of $157m. Austal finished at $1.93 ( +3.49%) reaching a high 0f $2.05. Will the market re-rate ASB?
regards
Debbie
Dear MM Team,
Hi James et.al,
I appreciate that you have not been overly keen on TAB corp (TAH) for some time now, but with it currently sitting down around 0.75c appreciate your current thinking?
Cheers,
Jeff
Hi Market Matters Team
Fenix has made 2 announcements this week pushing it’s price up about 12.8%.
1.Fenix boosts production with 500,000 Tonne Ore purchase agreement with local iron ore producer 10M Pty Ltd. Fenix will be responsible for haulage, storage, port services, ship loading, marketing and sales utilising the Company’s expanded port capacity and logistics capabilities.
2.Fenix has signed an agreement with CuFe Limited for Fenix to provide port services to its iron ore export business, securing CuFe as the foundation third party customer for Fenix’s port logistics business at Geraldton Port.
What is your current view on FEX and their transformation into a fully integrated mining, haulage, rail and logistics business.
regards
Deb
Greetings, Is it too late too buy the new Westpac Hybrid?
Thx, Bob
