Blog - Page 128 of 279 - Fairmont Equities

“Your Stock Request” – 16 July 2020

July 16, 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:SVW), (ASX:NWH), (ASX:A2M), (ASX:WEB), (ASX:RIO) 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 TRIAL …

How do you know a stock is expensive? Part 3

July 16, 2020 by Lauren Hua

Company’s enterprise value to earnings before interest, taxes, depreciation, and amortization. In addition to the P/E ratio and PEG ratio, investors can also use enterprise value to EBITDA to evaluate whether a company is expensive or not. Enterprise value can be defined as the cost of the company to another investor who would want to buy it. In our previous analysis in determining whether a company is expensive or not, those ratios did not take into account debt but the …

ALS Ltd (ALQ) shares have potential to rally

July 16, 2020 by Michael Gable

We recently reviewed ALS Ltd (ASX:ALQ) after the Company released its results for the financial year to 31 March 2020 (FY20). With a 31 March balance date, the result did not encapsulate any real impact from COVID-19 and so in itself is not as significant as the outlook for the Company’s three operating divisions in light of COVID-19. The key factors we consider in this note are: i) The extent and timing of a recovery in earnings and ii) The …

“Your Stock Request” – 9 July 2020

July 9, 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:TLS), (ASX:BKL), (ASX:FPH), (ASX:TYR), (ASX:MVP) 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 …

Can Steadfast shares push higher?

July 8, 2020 by Michael Gable

Following a number of recent trading updates, we recently reviewed Steadfast Group (ASX:SDF). This was in order to assess the earnings outlook beyond FY20 due the expected impact on volumes arising from COVID-19. About Steadfast Group Steadfast Group has the largest general insurer broker network in Australia. It holds a market share of ~30%, as well as having a small footprint in NZ and Asia. The Company has a stable network of brokers that has grown as new brokers have …