Archives: Questions And Answers
Any chance you could get one of the guys to comment on Empire Energy Group code EEG. Cheers Scot
Hi James , It is good to have you back. Put simply, like so many other people, I am OVER EXPOSED to bank shares. About 60% of shares in my Super are bank shares because I stupidly became addicted to the dividends and franking. What are your suggestions for high dividend, fairly safe shares that are fully franked ? I will soon be at the age where I must take out 7% of my holdings every year from my self managed super fund. Nobody pays 7% dividends except possible during some anomaly. It is my belief that bank shares are now DANGEROUS. Within a very few years banks ,as we know them today, will be gone. Banks will not go out of business , but their ‘Happy Hunting Ground’ of exceptional dividends are gone due to margin squeeze. I must find a substitute for my super portfolio. Thus far I have invested in APA and WPL and SGP which helps. I bought them at very favourable prices. Do you have any other suggestions I might consider. I am NOT asking for personal advice just suggestions. I am certain that there are literally millions of people in the same boat as I am. Fat dividends are like heroin to a pensioner.
Happy New Year James & team,
DRO releases new products & winning contracts which hardly move the share price. Can you explain why? What do you think of BHP prospects in 2022?
Thanks & regards,
Sidney
I was hoping that you would cover CXO Core Lithium Limited
For a while, it was tracking with PLS but without major announcements this year it has persisted with great returns almost daily. What would you say is driving this and how long can it continue. Also, I held onto my PLS for a bit longer after you said to trim some exposure and I’m lucky it has done ok is it time to pull back now? Thank you in advance.
Happy New Year MM Team – Quick one, PGH seems to have some supporters in the independent research space was just wondering what the house view was? Its a long way from its $4.50 last year and am wondering to cut or continue to hold.
Cheers Luke
Hi James/Harry,
Recently you answered a question about VUL saying “from a risk / reward perspective leaving us neutral the stock in the $11.5-$12 region.”
VUL is now at $10. Are you seeing value at that price?
Hi James and Team,
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
