Michael Gable, Author at Fairmont Equities

Upside for Reliance Worldwide, but headwinds persist

June 17, 2020 by Michael Gable

Reliance Worldwide Corporation (ASX:RWC) shares have been recently supported by two themes: i) Expectations that US sales continue to show resilience into 1H21 and ii) A shift in investor preference towards cyclical stocks. A market update issued early last month revealed that the impact of COVID-19 on RWC’s operations is varied by region. Accordingly, we recently undertook a review of the fundamentals to assess whether there is value at current levels. About Reliance Worldwide The Company is a global designer, …

Video: CSL back in the buy zone

June 15, 2020 by Michael Gable

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 15 June 2020. Shares covered: S&P 500, (ASX:CSL), (ASX:RMD), (ASX:BVS) Click on the image below to access the video on the FNN site: 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. …

“Your Stock Request” – 11 June 2020

June 11, 2020 by Michael Gable

“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:ING), (ASX:SXY), (ASX:PNR), (ASX:FLT), (ASX:NEA) 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 …

Orora set to trade higher, but can it last?

June 10, 2020 by Michael Gable

We recently reviewed Orora (ASX:ORA) after the Company outlined the intended use of proceeds from the sale of its Australasian Fibre business and provided a trading update detailing the impact from COVID-19. The asset sale has resulted in capital management initiatives and will strengthen the balance sheet. The shares now appear to be on the move, however, the key question for investors is whether the earnings outlook for the underlying business supports a re-rating in the shares from current levels. …

“Your Stock Request” – 4 June 2020

June 4, 2020 by Michael Gable

“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:KMD), (ASX:JIN), (ASX:DHG), (ASX:SYD), (ASX:OPT) 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 …