Investing Report Archive
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Mining services cop a hiding – time for contrarian investors to roll up their sleeves - 23/05/13
Over the last 3 months or so, the mining services sector has copped a hiding, with most stocks falling by double digit percentages and severely under-performing the rest of the market. Will the sector recover? Are share prices now in … Continue reading
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Australian Dollar peaking supports market - 16/05/13
Chart: The AUD and Commodity Prices Source: UBS The Australian Dollar is trading at 6.5% below its level of late January, having declined from US$1.06 to US$0.99.This is despite a far more severe decline in the price of commodities, which … Continue reading
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IMF charts the slowing of world growth - 09/05/13
Figure 1. World: 2013 GDP Growth Forecast Source: International Monetary Fund staff estimates The above heat map (Figure 1) depicts the recently released updated forecasts for world GDP growth in 2013 by the International Monetary Fund (“IMF”). The economic heat … Continue reading
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Corporate Bellwethers: Woolworths Limited & Commonwealth Bank of Australia - 02/05/13
Following on from our last Investing Report, this week we assess the remaining corporate bellwethers: Woolworths Limited & Commonwealth Bank of Australia. Woolworths Limited (ASX:WOW) Woolworths delivered sound first-half results, with sales from continuing operations up 4.8 per cent to … Continue reading
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A corporate bellwether: BHP Billiton Limited - 18/04/13
The recent sharemarket rally is all about the expansion of price-earnings (PE) multiples. Corporate earnings across the market have barely lifted, so investors have re-evaluated earnings forecasts and are prepared to pay a higher PE multiple than six months ago … Continue reading
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A worthwhile consideration: Thorn Group Limited - 11/04/13
Thorn Group Limited ASX Code: TGA Current Price: $2.02 Forecast Value: $2.16 Thorn Group has performed very well since we noted the stock was compelling value last year with a share price of just $1.56. Today, it is trading at … Continue reading
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A good ride for investors - 04/04/13
The recent yield compression theme encompassing the market has had broad reaching consequences for many listed securities across the globe. Locally, the renewed focus on yield has prompted the significant appreciation of many higher yielding securities. Going along for the … Continue reading
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Australian retail stocks bounce back - 28/03/13
While the latest reporting season provided few genuine surprises, a more sanguine view of the retail sector appears to have infiltrated investors’ minds. The last few years have been generally poor for many retailers, with consumer sentiment lacklustre and retail … Continue reading
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Australia tops the chart - 21/03/13
Each year, Credit Suisse produces its weighty Global Investment Returns Yearbook, which looks at how stocks and bonds have performed over the past, and examines what the outlook might be for the future. The 2013 Yearbook contains data spanning 113 years … Continue reading
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Telstra should be on your watchlist - 14/03/13
Written by John Abernethy, the following article appeared in The Australian, Saturday 9 March 2013. TELSTRA has been a top performing stock over the past six months, as indicated by its share price appreciation and dividends. But it still attracts … Continue reading
