Blog

December 21, 2017
Your Stock Request

“Your Stock Request” – 21 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. (Due to the holidays, the next video will be on 11 January 2018) This week’s stock request: (ASX:IMF),
December 20, 2017
Switzer Daily TV

Michael Gable on Switzer Daily TV – 19 December 2017

Michael Gable chatted with Peter Switzer on Tuesday 19 December 2017 on Sky News Business for Switzer Daily TV, about the Australian market (S&P/ASX 200) and shares his charts on Orora (ASX:ORA) and Magellan Financial (ASX:MFG). Click the image below to view the video on SwitzerDaily:   Current share prices available here. You can learn more about technical analysis in
December 20, 2017

RIO shares on course to hit $90

Price action for Rio Tinto (ASX:RIO) continues to look positive and the stock appears poised to retest the $90 level. This represents a return of nearly 24% from current levels. Iron ore prices have improved recently and the lower Australian dollar is set to benefit the earnings of Australia’s big miners. RIO – longer term chart The first point to
December 19, 2017

IPO Opportunity – Angel Seafood Holdings Ltd

Our friends at EverBlu Capital have an offer to participate in the Angel Seafood Holdings Limited (“Angel” or “the Company”) Initial Public Offering to raise $6-8 million through the issue of up to 40 million shares at $0.20 per share. Closing date is 19 January, but likely to close much earlier than that. Offer Materials: Investor Presentation (CLICK here) Prospectus (link: https://www-angelseafoodipo.thereachagency.com/offer/) Company Website: https://angelseafood.com.au/
December 18, 2017
Stock Watch health care stocks

Video: A charting view of health care stocks

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 18 December 2017. “A charting view of health care stocks” Shares covered: (ASX:CSL), (ASX:RHC), (ASX:COH), (ASX:SHL), (ASX:PRY) Click on the image below to access the video on the FNN site:   Current share
December 14, 2017

The reasons behind the falling ALS Ltd share price

The share price of ALS Ltd (ASX:ALQ) has taken a tumble in the last several weeks. What are the reasons for it and does this now represent a buying opportunity? ALS Ltd is a global provider of testing services, with operations in more than 350 locations across 55 countries. Services include laboratory testing for the mineral, coal, environmental, food and
December 14, 2017
Your Stock Request

“Your Stock Request” – 14 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:RHP), (ASX:APE), (ASX:SYD), (ASX:GXY), (ASX:MFG) Latest prices available on the ASX website. You can
December 13, 2017

What you need to know about share buy backs

The definition of a share buy back is when the company repurchases their own shares in the open market. Once shares are sold back to the company, the total number of shares the company has on issue is reduced. This means that a larger portion of shares is held by the company compared to before the buy back. Companies do
December 13, 2017

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.
December 11, 2017
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
December 11, 2017
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
December 7, 2017
Your Stock Request

“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
December 7, 2017

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
December 7, 2017

What you need to know about takeover bids on the Australian share market

A takeover bid is an offer by an acquiring company or third party to purchase a sizeable portion of equity of another company. The price offered is usually at a premium to the market price to entice investors to participate. The takeover bid will only proceed if the acquiring firm receives a certain number of shareholders who want to participate
December 6, 2017
OZ Minerals

A charting update on Oz Minerals

In early 2017, the price of copper broke a 6-year downtrend and has continued to head higher ever since. Despite a short-term blip in the recent rally, the price of copper continues to look as though it may head higher. The latest with Oz Minerals (ASX:OZL) Oz Minerals (ASX:OZL) is an Australian copper producer listed on the Australian share market