Archives: Questions And Answers
“AVITA MEDICAL INC. AVH -I have been monitoring this stock for some time and like the product offering and see this as a great space to be in for what looks like a market leading innovation with huge potential. But apart from Tuesday’s surge due to promising buy base level performance the stock seems to have trouble gaining momentum? Can I please ask you for your thoughts?” – Regards Steve K
“Welcome back and best wishes for a successful 2021 Much appreciated your detailed thoughts on the 2021 market yesterday One share I have been looking at again (held a few years ago and sold in 2018 ) is IVC ( InvoCare ) . What are your thoughts as an income source with some medium growth ?” – Thanks Shane B.
“Hi MM, I am thinking of taking Profits on (WPL) Woodside at current levels of $25.46 as my entry was $18.19. There is uncertainty about the price of Crude and West Texas and whether the forecasts in the attached Link are accurate. The forecasts range from $51.72 in Jan 2021 to $83.48 in Dec 2021, with a drop in 2022. https://longforecast.com/oil-price-today-forecast-2017-2018-2019-2020-2021-brent-wti Offsetting this is the impact of EV’s & the Fossil Fuel- Climate Change debate on market sentiment, but I think this is overdone, as the world will continue to rely on Oil for the foreseeable future. OPEC reversed its decision to release a further 500 M Barrels a day a few days ago, which has propelled prices higher My thoughts are to Sell and take decent Profits now, as my PT has been reached, then Buy again on a decent correction if you agree with the Forecast Oil price for 2021. I would appreciate your view. Thanks again for your experienced Analysis. Best wishes for 2021 Richard O.
“Hi, I am a member and looking at your international portfolio – how do you buy these? Is Commsec the only way, and then fill out the tax form for US, or is there another way?” – Many thanks and Happy New Year, Barbara H.
“Hi MM Can I please have your view on ASM (Australian Strategic Materials) It reached a high of $6.84 on 31/12 but has since fallen back to below $5. Currently $5.22. Do you have a valuation on ASM? Also, WZR (WISR Limited) – What’s your current view? Purchased at 20c saw it reach 26c in Aug but has now remained stagnant around 19c. Is it a long hold? regards Debbie G.
“Hi James I was wondering what your thoughts are on another disappointing result by Wells Fargo. Is it time to let it go or is this a long term turnaround situation.” – Geoffrey S.
“Hi James, I am a subscriber. I read your weekend report with much interest. Just a little confused with regard to : 5 – Keep it simple stupid (KISS).Look to stocks / sectors that have performed well during previous periods of inflation: 1 – Real Estate assuming low debt levels. Surely with rising bond yields this could hurt real estate? Are you referring to certain type/s of real estate?” – Thanks Joel T.
“Hey James , team and subscribers HNY to all. I’d appreciate your views on Tyro – as you are aware the price has fallen approx. 30% in the last week on system failures, and a critical report from a short seller. Would you be a buy at this level ? General advice only “ – Cheers David P.
“Thank you for the weekend report. You mentioned that we should be careful of inflation but did not say how we should watch for it or how to be prepared. What companies would benefit from a high inflation environment? I’m wondering what your thoughts are of CSL today. I bought it a few months ago with the view that they’ll be manufacturing the AstraZeneca vaccine locally but whilst it initially performed strongly it has now below what I paid for it. Also, your thoughts about the IT stocks- Xero, Altium and Appen specifically.” – Best Regards Kenneth C.
Morning Paul,
As we covered in the Weekend Report MM is bullish the Resources Sector and while we acknowledge the risk around China trade our view is the reflation theme will dominate over the next 1-2 years. Hence, we are far more comfortable buying weakness as opposed to selling strength, it’s very easy to lose a position by being too micro / short-term i.e. day to day noise is random but trends are meaningful.
