Michael Gable

Fortescue sets up for a big rally

I often get asked “when is a good time to buy shares in Fortescue (ASX:FMG)?”. Having endured a very soft few months, the Fortescue share price appears ready to launch higher again. The price of iron ore looks to end 2017 at a higher level than where it started. Despite this, we’ve seen a negative performance from Fortescue this year. Much has been made of the discount that the company sells its ore at. Fortescue produces a lower quality ore. …

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Stock watch

Video: Further upside for the ASX200

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 11 December 2017.  Shares covered: (ASX:XJO), (ASX:QAN), (ASX:CSL), (ASX:TLS) 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.   Did you like this video? Share this page on Facebook and Twitter! Sign …

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Share tips

Share tips – 11 December 2017

Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from thebull newsletter dated 11 December 2017. You can access the full version of the article HERE.   ASX Buy Recommendations ASX:GUD It looks like GUD has broken out of a flag formation on the chart. This is very positive and tells us that GUD is getting ready to …

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“Your Stock Request” – 7 December 2017

“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:FXL), (ASX:TPM), (ASX:IPH), (ASX:CPH), (ASX:RNU) Latest prices available on the ASX website. You can learn more about technical analysis in this article.   Michael Gable is managing director of Fairmont Equities. Sign up to …

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Categories YSR

Is Automotive Holdings Group now a buy?

Automotive Holdings Group (ASX:AHG) is a diversified automotive retailing group. The Company is Australia’s largest automotive retailer, with operations in NSW, Queensland, Victoria, WA and NZ. The Company has over 184 franchises at 111 dealerships across five Australian states and NZ, selling passenger and commercial vehicles as well as trucks and buses. Automotive Holdings Group recent announcement In late November this year, AHG entered into an agreement to sell its troubled refrigerated logistics division. This means that the Automotive aspect …

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