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Is it worth buying shares in The Lottery Corporation?

The Lottery Corporation (ASX:TLC) is the leading lottery and Keno game operator in Australia. It commenced trading on the ASX on 24 May 2022, following its demerger from Tabcorp Holdings. We recently researched the Company to assess its prospects as a stand-alone listed entity. About The Lottery Corporation TLC holds long-dated licences to operate lotteries in all Australian states and territories excluding Western Australia. As synthetic lotteries are prohibited in Australia, TLC holds a monopoly position in the states and …

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Share tips

Share tips – 13 June 2022

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 the newsletter dated 14 June 2022. You can access the full version of the article HERE. To stay up to date with our best recommendations, sign up to an 8-week FREE TRIAL of our weekly client research.   Buy Recommendations ASX:WHC Coal prices are expected to remain high …

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“Your Stock Request” – 9 June 2022

“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:CBA), (ASX:PDN), (ASX:NHC), (ASX:NST), (ASX:FLT) 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 …

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Categories YSR

Stocks affected in a housing decline

The Reserve Bank of Australia (RBA) this week increased the cash rate by 0.5 per cent to 0.85 per cent. The market is expecting more rate rises this year and with this forecast, demand for housing has decreased. If there is a significant housing decline, this will affect some sections on the market. Below are a list of stocks to avoid in a housing correction. Consumer discretionary Consumer discretionary stocks in furniture and appliances will be the most affected by …

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Does the slide in SEEK shares have further to go?

SEEK (ASX:SEK) shares have struggled to gain ground recently, as market concerns about the macroeconomic backdrop grow. Indeed, SEK is considered the most cyclically exposed, with job ads typically correlated to economic indicators. We recently researched SEK to assess whether the recent weakness in the share price presents an opportunity. Are the shares now oversold and are there Company-specific factors likely to lead to a recovery in the shares? About SEEK SEEK is a provider of online recruitment and education …

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