Labor has given Australians ample notice of their intention in government to end cash imputation payments to those who are unable to take advantage of a credit offset on their tax bill. With Labor almost certain to win the upcoming… Read More ›
Uncategorized
Australia’s Future Fund Achieves Stunning Investment Returns.
Australia’s Sovereign Wealth Fund (future fund) 10 year investment results Portfolio update at 30 September 2018 - Future Fund grows to $148.8bn - 10-year return of 9.2% pa exceeds benchmark target of 6.5% pa - Exceeds benchmark return across all… Read More ›
AMP Limited
The first round of hearings of The Banking Royal Commission commenced on the13th March 2018 and in the 6 weeks since then it is finance management company AMP that has been more severely impacted by adverse revelations, than the big… Read More ›
CSL Limited
CSL Limited has rarely disappointed retail shareholders with a simple buy and hold strategy, even when other stocks were being savaged as in the Global Financial Crisis (GFC). Yet the share-price trajectory of CSL is not always upwards. Inevitably… Read More ›
How much more upside to Woodside?
The Metastock chart below has been divided into four zones of price action by four perceived horizontal support/ resistance levels. Of the four, only zone 1 could be regarded as constituting a conventional trading zone with about 6 months of… Read More ›
Ten Years of Telstra
The privatisation of Telstra was a financial bonanza for the Howard/ Costello government. The first tranche alone, selling 33% of the government’s telecommunications enterprises, raised A$14 billion for federal coffers. Presumably the total revenue raised topped $50 billion. Along with… Read More ›
Chart review of Propel Funeral Partners (PFP)
Occasionally, retail investors may have the opportunity to be allocated shares through their broker, in a company about to be listed on the Australian Stock Exchange (ASX). The greatest attraction of taking up the offer is the opportunity to make… Read More ›
Will Eden Innovations (EDE) rise Phoenix-like from the ashes of its near annihilation?
Eden Energy was incorporated in May 2004 as a wholly owned subsidiary of Tasman Resources, and subsequently in 2006, listed on the ASX with ownership of the Irish based energy company Brehon Energy, who was owner in turn of Brehon… Read More ›
The Clayton’s Take-over of Myer Limited
Sacked former Director of Coles Myer, experienced retailer Solomon Lew, has been an observer whilst the re-floated Myer Limited has floundered, and destroyed the wealth of its backers. From $4.10 when floated, it has reached support at a low of… Read More ›
Chart Alert – Syrah Resources (SYR)
This is a weekly chart of Syrah Resources for the past 5 years. It is of technical interest, the share-price having lifted 5% in trade this morning to $2.68, bouncing off a long-term support level at $2.50, and in… Read More ›
Technically Speaking 