Archives: Questions And Answers
Hi James & Team
Can I have your view on Perenti & Service Stream now they have reported. Would you continue to hold? Do you see PRN share price recovering from the hit it took? Some Brokers have Price Targets on SSM of $2.50 & $2.85. (currently $2.09)
regards
Debbie
Hi MM Team,
A very big appreciation for your response to my question on investing in Korea (IKO). I admire your dedication and research responses to subscribers/investors. I agree with your analysis completely.
The CGT discount is a hot topic with the upcoming Federal budget, but I haven’t yet heard anyone discussing equities versus property. All the talk seems to be about investment properties only. (As far as equities are concerned, a recent investor survey showed a definite preference for a longer time period before the discount can apply, rather than reducing the percentage.) Do you have any information as to how – or even whether – the Govt is going to make a distinction?
To the MM Team,
Hi,
hi
What is the easiest way for me to trade the trade agricultural commodities, specially the coffee sector atm I’m feeling a tad contrarian atm
Cheers Peter
Just over 50% of our funds are invested in Korea, which is a very big position for us, and it has performed very well. I came upon this article yesterday (link attached) and it seems to be very important but I do not understand it at all. Can you tell me what it means? – Article Here.
Current thoughts on ZIP please. Been patiently waiting. 35% drop this morning following the report. Why? Devil in the detail?
So what do we do about our tech exposure?
Like the MM portfolios, mine has also suffered at the hands of the tech sell off. I’ve watched my tech stock values drop and even started adding to positions in December and January (I note MM also had that strategy adding to XRO and noting it would be buying CAT if it didn’t already have exposure). And then watched those shares drop 30% more.
MM is currently exposed through WTC, XRO, CAT, 360. I know that you sold out of CAR at the start of February to reduce your tech exposure, but you still have those tech stocks in the portfolios currently down significantly.
So, what do we do? Wait and see? Are you planning on trimming anymore or waiting to see when it turns around to increase the exposure? With such a huge paper loss of the values of these companies, it’s hard to know what to do. Not looking for specific advice. If you can speak to how you are thinking about your current tech exposure and the fact that you are down significantly on those stocks. Whats the plan?
