Australia’s Federal Court recently resolved a dispute between Australia’s premier financial management and trustee company Prudential Limited, and Robert Millner companies Sol Pattinson, and Brickworks with just over 40% cross-holdings in each other. Legal counsel for Prudential argued that such… Read More ›
Aveo, with ninety retirement complexes in five states, and about 13,000 residents, is Australia’s largest listed provider of aged care. FKP Property was a diversified property trust which in 2013, after 3 years of a falling share-price, and cessation of… Read More ›
Completed May 8 2017, it has been no mean feat for Boral. Headwaters, a concrete products manufacturer located near Houston Texas had a high price tag of US$ 2.6 billion, but its revenue for 2016 was US$ 1.1 billion, and… Read More ›
Security selection is easy for traders. Almost any market/security will do. So long as it is moving. Their problem is to determine the direction of movement, capture the trend, and exit before it changes. It may sound easy but… Read More ›
Mineral sands explorer Iluka Resources attracted market attention today, gapping sharply higher at the open, and recording a 13% rise for the day, to reach a high of $8.32. This rise comes in the wake of an excellent quarterly report…. Read More ›
Disclaimer Readers are advised that this post considers aspects of technical analysis only and should not be relied upon as a source of investment advice. As always those wishing to invest should seek advice specific for their needs from their… Read More ›
Solomon Lew’s Premier Investments was not required to post its 1H profit results until March 21 but today provided advanced unaudited notice of record sales and earnings growth to the market. The news caused the share-price to gap 12% to… Read More ›
Chart 1 – Australian Agricultural Company (AAC) Technical analysis records past trading behaviour, and suggests the likely direction of further price movement. It warns of the need to re-think and perhaps adjust one’s trading strategy when the share price moves… Read More ›
This is a 24 month daily candlestick chart of Chemical commodity producer Orica Limited. Technical observations to be made: The share-price gapped sharply lower by about $2.50 to $16.50, on the 6/8/2015, to then enter into a trading range between… Read More ›
This is a 12 month daily candlestick chart of Australian Agriculture Company, supplier of Packaged Food and Meats. My objective in these reviews of some of the charts listed on the Australian Stock Exchange is to highlight simple technical features… Read More ›
