Michael Gable

“Your Stock Request” – 16 November 2023

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“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:WDS), (ASX:PLS), (ASX:MEI), (ASX:SCG), (ASX:AHC) Michael Gable is managing director of Fairmont Equities.   Latest prices available on the ASX website. You can learn more about technical analysis in this article.  An 8-week FREE …

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Can Monadelphous shares get cheaper?

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Monadelphous Group’s (ASX:MND) recent financial results have been marred by labour availability pressures over the past 24-30 months. Skilled labour shortages continue, costs are escalating and ongoing supply chain risks remain. On the other hand, the Company has continued its impressive track record of securing new contracts and work extensions. With this in mind, we assess whether the risk/reward profile more appealing at current levels. About Monadelphous Group Monadelphous Group provides construction, maintenance and industrial services to the resources, energy …

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“Your Stock Request” – 9 November 2023

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“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:CBA), (ASX:APA), (ASX:SLR), (ASX:BPT), (ASX:NST) Michael Gable is managing director of Fairmont Equities.   Latest prices available on the ASX website. You can learn more about technical analysis in this article.  An 8-week FREE …

Read More“Your Stock Request” – 9 November 2023

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Is this the low in IDP Education?

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IDP Education’s (ASX:IEL) share price has declined from around the $26 mark since the release of full year results in August. Market concerns about the outlook for IELTS volume growth has been the key Company-specific factor. More broadly, overall weakness in equities markets (especially for high P/E stocks such as IEL) have also weighed on the shares. In context, IEL’s P/E multiple is at the bottom end of the range over the last four years. Are market concerns about the …

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Will the Share Market Now Bounce?

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  Michael Gable is managing director of Fairmont Equities.   Current share prices available here. You can learn more about technical analysis in this article.  An 8-week FREE TRIAL to The Dynamic Investor can be found HERE. Would you like us to call you when we have a great idea? Check out our services. Disclaimer: The information in this article is general advice only. Read our full disclaimer HERE. Like this article? Share it now on Facebook and Twitter!