Archives: Questions And Answers
Thanks for your efforts ongoing! You timed your exit from SGP very well, but it appears to have rapidly stabilised and if rates are now close to pausing, where would you consider an appropriate entry point. NSR has held up well, but ABP (diversified, but large exposure to Kings Storage) has struggled. Do you see value (or relative value) in one over the other.
FYI, the reason why I like Metcash is because they supply grocieries to all the IGA stores in Australia. I can only speak for my experiences here in WA but every smaller rural town in the wheatbelt of WA has an IGA supermarket and no other. If residents want to buy at Coles or Wollies, they must travel 50 to 100+ km which obviously entails a cost in fuel and vehicle wear and tear, so IGA have got a virtual monopoloy in those towns and are price setters. To my mind, a very important reason why they will continue to do well over the next few years.
Down 11% in less than a week. some decline before SVB and 7% on 13/03. Any ideas? I would have thought as no news the decline is benign.
Hi James/Team,
Dear James / Shawn, Congratulations that several of your recent “hunches” about the market direction have been spot on. Well done ! Now that 3yr bonds appear to have peaked, how far off do you see the A-REITS and Banks being “buys” for the MM Income fund ? Most subscribers would be interested in gaining more income with a degree of “safety” from these investments. best wishes John.
With continuing softness of energy demand and prices WHC is dropping close to $7 Would MM buy hold or sell ?
Hi James. Thank you for your insight.
I like to increase my exposure to food and agricultural stocks.
Please comment on the recent price action of ELD. On Friday’s price would MM buy hold sell or avoid Elders!
Hi James and Team
I found the graph re US/Aus cash rates on Thursday morning’s report very interesting and wondered whether you could expand on the implications of a widening gap in the US/Aus cash rates ..specifically does this imply that Australian firms that earn mostly in USD are set to outperform ? if so I’m thinking CSL but what others may do well ..
Also wondering whether you could give some further discussion to those taking a risk off approach..how is the outlook at present for hiding in hybrids or bonds looking ? ..
Many Thanks
