Archives: Questions And Answers
A question for James – in your video with Peter O’Connor on Thursday he mentioned that at current iron ore prices of around $US 100 a tonne Fortescue are making about $10 margin. In their last report they stated that their costs are approx..$US15/tonne. By my calculation that is about $US85 a tonne margin – am I missing something?
I have a substantial holding in ABR. Boron and sop also lithium. They are looking at a scheme of arrangement whereby they will delist from asx and list on the nasdaq becoming part of HOLDCO CDI. We are up about 8 times on this stock and seems to tick all the boxes. Wondering if you could advise on scheme of arrangement as not that keen on going on the nasdaq. Guess we will see today what the market thinks.
Hi James,
Hi James and Team
Hello MM team,
I have read you mention a few times recently your bearish view on the USD whilst bond yields are increasing. Was hoping you could explain in a bit more detail the reason/s these are not currently positively correlating and any catalyst that might change this into 2022?
Just a question for your Saturday note: I am in the process of selling a residential rental property as the new Vic Residential Tenancy Laws place unrealistic obligations on landlords. As I wish to retain exposure to property with the funds, can you suggest 4 or 5 REITs, ETFs or LICs that potentially or will provide growth in both income and capital over the coming years? – Thanks Chris
I am a small self-managed investor, apart from cxl (still my biggest holding even after recent sales] I hold usual blue chips MQR, WES, CSL, STO etc no banks, sold iron stocks recently except FEX bought cheaply keeping for dividends and higher quality iron believe several sectors will recover quickly. I also like well managed coys with Australian expertise who have expanded to US areas I like: paper packaging (use increased greatly in pandemic) – AMC, PPG & PGH Building Materials RWC, REH, BKW, CSR & New Vehicle Sales (waiting list for new cars & used cars selling well without discounting shipping may be only minor problem but little from China) APE & PWR. Any thoughts or comments – Morrie (new member)
Question for the Week: I am trying to get my head around the comment that Property does well in an inflationary environment e.g. Goodman. I was thinking that income is fixed (or increases with fixed annual increases) due to long term leases being in place and in an inflationary period yields would increase which would reduce capital value. I would appreciate your thoughts. – Thanks. H
