Blog - Fairmont Equities

“Your Stock Request” – 19 December 2024

December 19, 2024 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:FMG), (ASX:AIM), (ASX:KAU), (ASX:ART), (ASX:SIG) Michael Gable is managing director of Fairmont Equities. CLICK HERE to read our Testimonials. Latest prices available on the ASX website. You can learn more about technical analysis …

Sunk cost fallacy in the stock market

December 19, 2024 by Lauren Hua

The sunk cost fallacy refers to the tendency to continue an endeavour or make decisions based on past investments (time, money, effort) rather than considering the future costs and benefits. This fallacy occurs when people make decisions by factoring in costs they’ve already incurred (sunk costs), even though these costs should not influence future choices. In the stock market, the sunk cost fallacy can occur in several ways: 1.Holding onto losing stocks: Investors may hold onto stocks that are declining …

Is LendLease a turnaround story?

December 19, 2024 by Michael Gable

A trading update provided to the ASX on 15 November highlighted that LendLease (ASX: LLC) has made a strong start in FY25. The Company also pointed to further improvement in FY26. The latter is underpinned by profitable Funds Under Management (FUM) growth, an improvement in co-investment yields, and higher transaction volumes. Accordingly, we recently researched LendLease in The Dynamic Investor and concluded that the shares presented an opportunity. The shares momentarily gained around ~10% since our report and was trading …

What does EBITDA mean?

December 12, 2024 by Lauren Hua

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial metric used to evaluate a company’s operating performance by focusing on the earnings generated from its core business operations, without considering the effects of financing, tax strategies, or non-cash accounting items like depreciation and amortization. Breakdown of EBITDA: Earnings: Refers to the company’s profits. Before Interest: Excludes interest expenses, as they depend on the company’s financing structure (debt vs. equity). Before Taxes: Excludes tax expenses, as …

“Your Stock Request” – 12 December 2024

December 12, 2024 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:CSL), (ASX:RMS), (ASX:IAG), (ASX:MFG), (ASX:WBT) Michael Gable is managing director of Fairmont Equities. CLICK HERE to read our Testimonials. Latest prices available on the ASX website. You can learn more about technical analysis …