Archives: Questions And Answers
In your Friday morning podcast you mentioned that “investors get set via futures before they backfill”. Could you explain this a little more please. I have often noticed – regularly – that our futures will be up and the market open strong, but this quite often fades throughout the day. I always thought it was because as our market is coming to the days end, then the big money looks towards US futures and follows their lead (even though it is 2am in New York).
Is it more a case of big money buying futures whilst the ASX market is closed, then selling futures throughout our trading day and swapping that money into the underlying holdings?
Thanks MM for your regular updates and insightful commentary.
I bought Xero sometime ago on a MM recommendation but sold last year after a reasonable increase. My logic at the time was that I thought the price may plateau or drop but the opposite has happened with very strong results lately. If you weren’t holding now would XRO be a buy?
Regards
Peter
Hi MM,
While I understand what franking credits are, I do not understand the statement “Company XYZ has some financial flexibility because it is sitting on a pile of franking credits.”
Hi James,
“What strategic objectives might Soul Patts have in acquiring a significant stake (6.4%) in AMA Group, and how could this influence AMA’s turnaround efforts and long-term growth trajectory?”
Hi James, Shawn and Team.
Hello Gentlemen,
Thank you for your continued service and advice. So, particularly in this day and age, do you think that buy and hold is dead? I could list many blue chip examples such as ANZ and NAB, both of which (excluding dividends) have gone literally nowhere in terms of gains over the past TEN years. BHP is back where it was 12 months ago etc. I watch opportunities to take profits come and go in the ‘false?’ hope that holding long-term is best? It’s getting harder to justify.
Hi James and Team,