Archives: Questions And Answers

Hi James and Team,
Two questions that are sort of interrelated:
1. Over the last week most discretionary retail stocks have corrected close to 10%. Is it time to jump in or should we be nervous as these retailers are coming off high Covid sales and now post Covid headwinds. I am especially interested on NCK and CCX.
2. Then on a similar tack, could 2022 be a year that is better for mid / small cap stocks rather than large ASX top 20 stocks? Or put another way, if you were to buy an ETF would you go for a vanilla ASX ETF or an ASX Small Cap ETF?
Keep up the great work,
Charles

Hi James and Team
All the very best wishes for 2022. An observation, MM rarely discusses MQG and when you do discuss the the banks it is generally the big 4 and when appropriate then their smaller country cousins. Does MQG fit with the big 4 or is it’s business model that different from the big 4? Would MM consider CSL to be an international holding or a local holding, based on their Australian footprint and source of revenue?
Regards, JanP

Just re-joined for 2 years indicating our appreciation of the service provided. Please, can you help with this?.
We are trying to save for a house deposit/ purchase and would welcome any suggestions as to where funds could be accumulated in (relative) safety.
Desirable features are : better return than term deposits, minimal volatility and liquidity for withdrawal when/if the right opportunity arrives
It’s the general question of a safe haven for funds but better than cash , ? investment grade bonds, hybrids, other listed
Welcome any pointers. Thank you Paul

Hey James and Team. Thanks for your daily commentary over the year. Which is the better quality company ( GMG or CHC ) and offers the best risk/reward, and likely too benefit from industry trends. Is now the right time to invest into these property groups given the prospect of rising rates , maybe next year . General advice only Thanks David

Hi James, Hope you all had a good break. Can I please have your current view on IGO – At this moment it has reached a high $12.27. MM sold IGO in Nov. It had reached your target area. Would you now hold for further upside? What would be a new target price? Also your current view on HLS – Healius – Prior to Christmas break MM said it could reach $5.50 – it did on 29/12. It has then retreated below $5 ($4.77 today)

Hi James,
I would be interested in your take on Hamish Douglass comment about where we should be invested if we have inflation. He appears to be of opinion that owning commodities and banks in an inflationary environment is wrong.Is there some nuance to this as my understanding is that you think these are the sectors to be invested in during inflationary times.

This is a test

Hi James & Team, I own both IGO and WSA. WSA is trading higher than the $3.36 offer from IGO on speculation Andrew Forrest and even BHP might show interest. Would you sell into this strength or wait and see if another suitor emerges? Regards Debbie

Hi James/Harry, I hold some AML3D shares and, as a consequence, been looking at 3D manufacturing companies and noticed they all seem to be struggling across the board for some reason. With (approx.) 12 month losses as follows: AML3D -77%;Titomic -65%;Amaero -61%;3D Metalforge -68%;Desktop Metal (US) -81%, one exception is Aurora, which is +25% but also sharply down more recently. Have you got any insight or opinion as to why 3D manufacturing seems to be indiscriminately out of favour? Many thanks, Nick

Hi James and team, still enjoying the service very happy and thanks for your ( most rewarding) work. I have a question if I may, regarding AGL, I have been reading conflicting and naturally confusing analyses over the last month. It’s either a dead man walking, or a good dividend stock with a somewhat positive future….Could you shed some light for me please??( I haven’t touched it so far…) Cheers Paul,