Archives: Questions And Answers
15/6/23 MM is adding the above to its Active Income Portfolio. I am not familiar with dealing with bonds so I typed the code on Commsec search and to my surprise, results shown were, currently 1 seller and 2 buyers only, and 2 trades done at 10.35am.
Hi James and Co.,
Thanks as ever for your excellent service and commentary which I find invaluable. I have taken up the MM offer to receive the Shaws hybrid report sheet which (a number of times per week) list each hybrid with years to expiry, yield to call and margin over swap rate info.
I am struggling to understand if I am interpreting the sheet correctly and would appreciate further information on how to interpret this sheet – perhaps a separate webinar ? Also the sheet when it first came out used to have a best buy note which has disappeared which would be handy to reinstall if that were possible?.
To illustrate the interpretation issue, you have recently (Thursday this week) made a Trade alert buy recommendation for ANZPI for the income portfolio, however when I look at the Shaws sheet which also came out on Thursday it shows for instance that ANZPK seems to have superior metrics ie ANZPK 7.27 years to expiry vs PI 4.77 years, PK 7.28% yield to call vs PI 7.06%, PK 2.97% margin over swap rate vs PI 2.83%
You have a Buy price recommendation for PI at $100.40 whereas ANZPK is currently trading at $98.60
Any assistance to help interpret this area of income investing and also with utilising the Shaws hybrid sheet to interpret the best buys would be much appreciated.
Hi team!
Could you clarify the key dates for this sale?
Hi MMatters Team
After the latest falls in retail – Are the risk reward getting close to buying Lovisa, Premier Investments and Super Retail? If so what order of preference for these 3.
QBE benefits with increase in interest rates. Since the stock market is forward thinking. Is this as good as it will gets for QBE and lighten the load ?
Hi MM,
Hi James , With yesterdays rise in WHC /NHC and Newcastle Coal looking for a bottom . What are your views, have we seen a bottom? or was this pump just another Dead Cat bounce? Cheers Craig
Hi James and Team
Your update on Bowen Coking stated as “holders the cap raise is frustrating given it was done at a deep discount and is highly dilutive as a result. For all the holders of BCB – Will you be participating in the SPP at 17c? if so at what % would you add to your existing holding?
Hi James and Team
“here we go again” – What’s your latest view on Iron Ore and the likes of RIO, BHP and FMG. The China stimulus story has come up again! Do you feel it will be short lived? For the optimist who keeps holding – what’s you view short and medium term at current prices for these stocks?
regards
Debbie
