MMS – Frothy income stock

Mcmillan Shakespeare recently popped when Eagers Automotive (APE) revealed a 5.7% stake. Nothing else. No negotiations, notbid, just a substantial shareholders notice. Brokers think there is some logic in the two companies moving forward together commercially, but there's nothing beyond their investment so far. The other interest in MMS and other novated leasing companies at…

Don’t Worry About Beating the Market

Individual investors can march to the beat of their own drum, giving them a significant advantage over professionals. It is a simple question and goes to the heart of any investor’s journey. My answer is, do you want to beat the market? The benchmark indices were set up so you can measure your performance against…

S32 – INCOME STOCK – BUY

S32 is one of the most requested STOCK TAKES this week. Here it is. It hasn’t been performing well, in line with the Aluminium price, its major commodity correlation. Unlikely to dazzle you with growth, but a solid stock to leave in an income portfolio and not a bad time to buy it. Recent guidance…

MARCUS TAKE

Shane Oliver – Respect. We Just Gotta Have Faith – Explaining the rally. RBA has more in store.
Resources rise as the US dollar drops.
Some retailers bottom.

CSL – EXPENSIVE DEFENSIVE

To find past STOCK TAKES please type “STOCK TAKE -” in the Newsletter Search function at the top of the newsletter and they should all appear. We have a new website appearing and will find a section of the newsletter to put them all for you. AFTER THE CURRENCY WARNING CSL is an Australian “Dun…

Trading Basics

In this article we will explain: How to develop a very basic Trading Plan for every holding. What Average True Range means. How to measure risk on a stock by stock basis. How to Position Size holdings depending on risk. How to use ATR to set stop losses. What a Renko chart is and how…

JB Hi-Fi

BUY HOLD SELL – JB Hi-Fi (ASX: JBH)

JB Hi-Fi (JBH) operates 319 stores across Australia and New Zealand under the JB Hi-Fi and The Good Guys brands. It is recognized as the biggest player in the Australian consumer electronics and home appliance market, posting AUD$9.8bn in FY21. JB Hi-Fi Australia is the main revenue contributor at 67% in FY21, The Good Guys…