We have had numerous asset bubbles in the past. These include the tulip mania, the US housing bubble, and the dot-com bubble. All these asset classes rose in value due to irrational exuberance. However, the same characteristics were in place which drove up the prices. In this article we discuss the reasons for asset bubbles, the reasons for the asset price falls, and the implications of price devaluation. What is an asset bubble? Asset bubbles occur when the asset is …
We recently researched Qube Holdings (ASX:QUB) after the share price had fallen from its recent peak. With the share price having edged higher these past couple of weeks, is the downside over? Or can investors purchase the shares at cheaper levels? Overview Of Qube Holdings QUB provides comprehensive logistics solutions across multiple aspects of the import-export supply chain. The Company’s Operating Division comprises two core business units: Logistics & Infrastructure and Ports & Bulk. Logistics & Infrastructure provides a broad …
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 17 April 2023. 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:MQG The share price has been trending higher …
“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:SGM), (ASX:GL1), (ASX:TER), (ASX:NIC), (ASX:29M) 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 …
Shares in Corporate Travel Management (ASX:CTD) have retreated from its peak from 12 months ago as the timeframe for an anticipated recovery in revenue back to pre-COVID levels has consistently been pushed back. The Company itself over-invested for a recovery in US travel that never eventuated. This resulted in margin pressure in the recent interim results. Following weakness in the shares after the release of its interim results in February, we recently researched CTD in The Dynamic Investor to assess …
Read MoreFurther recovery in the share price of Corporate Travel