Archives: Questions And Answers
“Hi, I get a lot of value out of being a subscriber to MM, keep up the good work. Recently in conversation around the BBQ whilst flying the “MM Flag” I was for an example of what value does MM add to my portfolio? My answer: Discipline to take action ..example leading up to 12 months ago MM were advocating to set aside some cash. A subscriber asked a question around selling down the hybrids. ( I recall his name was Johnny K February 2020) and I agreed with him and actioned. Being cash up, having sold my hybrid, sold CBA for around 90 bucks … buying back 3 months later for 60 bucks ………certainly makes up for the dogs in my portfolio…I think I owe MM and Johnny K a beer or three.” – Warm regards Danny W.
“James, If you have time could you give me your appraisal of the above 3 stocks. I am currently considering selling all 3 and was not after an in depth review just really a view on their likely potential upside ( if any) from Friday’s close or if at their current prices they are “ out of steam “ . I see that SIQ is already over Morningstar ‘s TP of $7.05. Many thanks for all your excellent efforts in the current wave pool market !!!” – Cheers Mike D.
“G’Day again. Doesn’t the below quote directly oppose your recent view??? Bit confusing. February 7th: However we will undoubtedly reduce our “risk” exposure at some stage but today the bull market and momentum remain solid, I actually feel the easiest / most comfortable position is to sit in cash citing a host of economic / valuation reasons to abandon stocks but this has been a bad idea for years and one best kept on ice in our opinion” – Waz
“Hi MM, What would be 3 or 4 asx ETF’s (global facing?) that you like for a 5 to 10 year investment for the kids? And would you wait for a correction for these etfs?” – Cheers, Jill.
“ Hi MM Team, can I have a technical view on carsales.com (CAR)?” – thanks Tim C.
“The trading in this company “Invigor” has been in suspension for many/many months. Have you any information regarding its activity and its future.” – Thanks Clive now 90.
“Hello James, your thoughts on ASX please. The price has declined to its support line on technical analysis and its yielding 4.1% grossed” – Indran.
“My first subscriber question after a few years of profitable reading. ECF – Elanor Commercial Property Fund – a smaller REIT paying almost 10% pa. Often incorrectly quoted as paying just 5%. Not exposed to Melbourne and Sydney. Thoughts?” – Craig McGrath.
“HI Team, I am interested in your thoughts on NIO, should the Chinese government % of ownership be a concern?” – Jane P.
“Good morning MM, I love your reports and have certainly generated some good money from them, especially since April May 2020. I have been approached via phone by an offshore ‘broker’ about the impending listing (not IPO) of CoinBase the crypto currency exchange. As usual they told me that that have been allocated some of the stock pre listing and they are offering me to purchase some of the stock through them prior to the actual listing. Of course, I am very wary of shipping my money to an overseas and unknown company. So I have 2 questions. Do you have a view on the Coinbase company as a good investment? If I did want to get hold of some of this stock, is there a way to do that with a trustworthy Australian broker/institution etc.” – Thanks Gregory H.
