This is a chart from the Australian Listed Investment Company Cadence Capital (CODE CDA) – the table is a little out of date but they make the point that out of around 2000 Australian stocks only 700 are profitable and that out of that 700 stocks they consider only around 35 are “good” stocks and…
Let me make the Australian stock market simple for you. There are over 2000 stocks most of which don’t make a profit. But you don’t need to worry about most of the Australian listed stocks and if you are like most investors one of your best ‘quality’ filters, as brainless as it might be, is…
Here are the four steps we have outlined previously regarding Capital Management. Below we will cover the first one in more detail. Determine your risk sizing Identify your stop price or where you will exit if the trade goes against you Calculate your position size Examine the risk/reward profile of the trade before entering Capital management is a crucial element…
Zoono Group (ZNO) continues to soar as it today up another 25% after it announced an exclusive distributorship in Singapore for its technology to combat viruses and bacteria. One of the few winners from the Coronavirus outbreak. The company is awaiting German lab tests on its efficacy in fighting the virus. Since we recommended ZNO…
Four teenagers, 4 adults and two ‘geriatrics’ in two campervans for two weeks sounds like a recipe for disaster but the problems came not from the travelers but from other directions. Our middle son invited us to join him and his family on a trip to New Zealand. Our youngest son and his family joined…
A lot of my university friends have landed jobs in the health professions. Doctors, physios, paramedics, osteopaths. Not sure why, it’s just dropped that way. Useful for a 25-year old that’s been thrown off their parent’s private health policy. Muscle injuries, sore backs, medical advice, Hepatitis A, B, C. no problem. They are never short…
Things to watch out for in the reporting season There have been a number of serious headwinds for corporate Australia, some of which are only just becoming apparent. This week we saw the new vehicle sales coming in far weaker than expected and showing no sign of the trickledown wealth effects of a housing boom.…
Henry Jennings I received an email this morning regarding ETFs. Everyone has heard of ETFs and many are suspicious of them. The question many ask is what happens in a market crash? How will ETFs perform and will they survive? Firstly, what is an ETF? At its core, it is an instrument that replicates the…
They are calling the coronavirus a “Grey Swan” event. Not sure quite what they mean by that. Not a Black Swan event but not a White Swan event by the sounds of it. Or maybe its just an expression to say “Panic but don’t panic”. The expression “Black Swan event” comes from 16th century Europe…
