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“Your Stock Request” – 22 February 2024

February 22, 2024 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:NHC), (ASX:BGL), (ASX:LRS), (ASX:IPG), (ASX:QBE) 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 …

Economic indicators to monitor

February 22, 2024 by Lauren Hua

The state of the economy is important for investors in the share market as it can determine the type of stocks they will buy and the strategies they will undertake for their portfolios. These are different indicators you can use to monitor the economy. Manufacturing The Purchasing Managers Index (PMI) is based on the results from a monthly survey from various manufacturing companies each month. There are five activity indicators which are measured. These include production, new orders, supplier deliveries, …

Is ALQ still a value trap?

February 21, 2024 by Michael Gable

ALS Ltd (ASX:ALQ) shares recovered from a 1-year lows in November. However, the recovery was short-lived. Recent weakness prompted us to research ALQ in The Dynamic Investor to assess whether current levels present a more attractive entry point. About ALS Ltd ALS Ltd is a leading testing, inspection, certification and verification company, with operations in over 65 countries. Following the sale of the Asset Care business in late FY23, the Company now has two operating divisions: i. The Life Sciences …

“Your Stock Request” – 15 February 2024

February 15, 2024 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:PDN), (ASX:PLS), (ASX:RFF), (ASX:HLS), (ASX:DUG) 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 …

Is Alumina now a recovery play?

February 14, 2024 by Michael Gable

Alumina (ASX:AWC) shares started to recover from 10-year lows late last year. Signs of improved demand/supply conditions in the alumina market and progress on cost reduction initiatives have been the main reason for the recent recovery. With this in mind, we recently researched AWC in The Dynamic Investor. Have AWC shares simply recovered off its recent lows, or is Alumina emerging as a recovery play? About Alumina AWC’s sole asset is a 40% interest in the Alcoa Worldwide Alumina and …