From a recent high of $10.60 following the release of its full-year results, the share price for Appen (ASX:APX) has retreated. However in the last week it has resumed its uptrend. Given the strength of the last few days, it is worth a quick review of Appen. And should we ask, is there further upside? A side note: We recently researched Appen following the release of results for the 12 months to 31 December 2017 (FY17). From our report on …
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 16 April 2018. Shares covered: (ASX:GXY), (ASX:APT), (ASX:WPL), (ASX:MSB) Click on the image below to access the video on the FNN site: (If you don’t have a login to the FNN site, they will require you to sign up for free) Current share prices available here. You can learn more about …
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 16 April 2018. You can access the full version of the article HERE. Buy Recommendations RHC RHC is retesting the lows from 2017 in the form of a “falling wedge”. This often signifies a reversal of a downtrend. With the P/E coming back to levels …
Why Companies Delist Companies need to maintain certain requirements by the stock exchange to continue as a listed company. Some of these requirements for the ASX include a minimum of 300 non-affiliated investors and a market capitalisation of A$15 million. Stocks can voluntary or involuntary delist. Involuntary delisting can occur when the company has breached one of the requirements of the stock exchange. Another reason may be the company is in liquidation and unable to operate. Voluntary delisting means the …
“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:S32), (ASX:PNC), (ASX:ALU), (ASX:SLK) Latest prices available on the ASX website. You can learn more about technical analysis in this article. Michael Gable is managing director of Fairmont Equities. Sign up to our …