scroll

Your comments on some stocks please

Advanced Search

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

The Latest Q&A

Question asked 04/11/2023

Your comments on some stocks please

Hi James, I have been out of the country for a month and have sort of lost touch. There are 5 stocks I would like to ask you about. These are: WDS, AWC, PPT, ILU, LYC. WDS - This stock seems to be going backwards, but, the price of oil is going upwards. This seems to be a contradiction to me. AWC - This stock has fallen a great deal. Is it possible that it might be a good buy now or is Aluminum going to be in the toilet for a long time yet again? PPT - I have invested a lot in this stock and it keeps going down. Should I be worried? The analyst forecasts are mostly positive. This is also a contradiction. ILU - This seems like it might be a good long term buy. It pays a reasonable dividend and it might really take off in a few years.LYC - Is it possible that this stock's day is FINALLY coming? Thank you, Paul

Answer

Paul,

We hope it was a fun holiday! Due to the number of stocks involved we’ve given a quick one sentence answer to each:

WDS – we sold out of WDS in October and will consider re-entering ~$30, we took heed of the contrarian indicators.
AWC – every time we think it looks cheap it takes another leg lower, its in the too hard basket for us.
PPT – around $20 we believe the risk/reward favours a rally towards the $25 area, however, we recently sold out above $25 and are unlikely to re-enter this side of Christmas. We discuss in another question today.
ILU – exiting ILU above $11.50 has proved to be one of our best portfolio moves in 2023, its starting to look cheap around $7 but its still not in our Hitlist given the markets they operate in are in oversupply.
LYC – we like Lynas here, and continue to hold the stock in our Emerging Companies Portfolio.

chart

Iluka Resources Ltd (ILU)

LAST UPDATED 03/11/2023 15:04

Latest Reports

Afternoon report 20/06/2025

The Match Out: ASX dips then bounces as Trump delays U.S involvement in the Middle East

It was a mixed day on the ASX today with half the main board higher/lower with the banks and materials sectors doing some damage early but the buy the dip mentality well and truly in play as we saw a significant grind higher through the session amounting to a +43pt move from the low of the day to the close.

Morning report 20/06/2025

What Matters Today: Using ETFs to Hedge or Short Stock Markets

The ASX 200 slipped another 0.1% on Thursday, with the song remaining the same on the stock & sector level. CBA scaled new highs, trading through $183, while weakness in the large-cap iron ore miners was enough to ensure the index closed mildly lower.