Blog - Fairmont Equities

“Your Stock Request” – 16 September 2021

September 16, 2021 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:SLC), (ASX:TPW), (ASX:HMD), (ASX:GLN), (ASX:WPL) 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 …

What does overhead supply mean?

September 16, 2021September 16, 2021 by Lauren Hua

Overhead supply is a term technical analysts use when a stock has been reached a resistance level where buyers have bought at previous highs but the stock price has now dropped and they are now waiting to sell near or at their entry price to break even. When does overhead supply occur? A stock may have rallied to all time high but then starts to fall from this level. Buyers who have bought the stock at the high are now …

Is the Perpetual (PPT) share price looking toppy?

September 15, 2021 by Michael Gable

Shares in Perpetual (ASX:PPT) have re-rated over the past six months following a large-scale expansion internationally, fund outflows in the domestic business reversing to inflows, and a greater contribution to profit from performance fees. The Company is in the middle of a transition from an Australian business focused largely on domestic funds management to a more diversified, global fund manager. At present, the establishment of distribution capabilities in key geographies is still in the early stages and is tracking ahead …

“Your Stock Request” – 9 September 2021

September 9, 2021 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:BAP), (ASX:AVZ), (ASX:WOW), (ASX:ALU), (ASX:ARU) 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 …

What are franked dividends?

September 9, 2021September 9, 2021 by Lauren Hua

Franked dividends are dividends which have a tax credit. The company has already paid tax so when it pays the shareholder a dividend, a tax credit is given to the shareholder. Franked and unfranked dividends can make a significant difference on the after-tax income the shareholder receives. Why were franked dividends introduced? Franked dividends were introduced in Australia in 1987 to avoid double taxation. Companies were already paying a corporate tax rate of 30% on their earnings and distributing their …