July 24, 2017

Will You Have Enough to Retire and How Shares Can Get You There

Statistics show that three in five Australians feel they do not have enough money to retire. This mortgage choice survey also identified that 54 per cent of Australians start planning for retirement when they are over 50 years old. These are alarming figures if you want to retire on a comfortable level. Below is a guideline set by the ASFA
July 4, 2017

Time to sell Suncorp up at these levels

We bought the banks a few weeks ago and believe that they can head higher. But that view doesn’t extend to Suncorp (SUN). It is currently trading near $15, and the rally in June has almost been explosive. However that could be as good as it gets.  Based on the way it is trading here, there is potential downside of
June 13, 2017

Woodside about to trigger a BUY on the chart

Back in August last year we published an article in the Australian Financial Review with our views on the chart for Woodside (WPL) and how it was shaping up as a trade. We noted at the time that WPL was looking positive again and that it should head up towards $33. With oil prices drifting back this year, let’s have
June 6, 2017

JB Hi-Fi hits our downside support level

We looked at JB Hi-Fi (JBH) last year and didn’t like the way the chart looked. We expected the shares to fall towards support near $22. Since our note, Amazon has been in the papers nearly every day and investors headed for the exit. The stock is now down over 15% since our warning. In comparison, the ASX200 has climbed
June 2, 2017

Is Healthscope the last buying opportunity left in healthcare stocks?

We have been bearish on Healthscope (HSO) for a while. Having fallen quite a bit in the last year, especially compared to other healthcare stocks, is it now time to jump in? Whilst new projects are considered low-risk and high return, the extent to which the market is prepared to factor in the future positive earnings contribution from these are
May 26, 2017

Is Westfield now cheap enough to buy?

In a recent research report to clients, we took a fundamental and technical look at Westfield Corporation (WFD). With the stock having fallen from $11 to the low $8’s in less than a year, could this be an opportunity to buy a top 20 stock in a market where valuations elsewhere are starting to look stretched? Here is an extract
May 4, 2017

Can Webjet continue to soar higher?

The below is an extract from our research dated 2 May 2017. After a great run, we take a fundamental and technical look at Webjet (WEB). While the stock, trading on a 1-year forward P/E multiple of 23x, is not cheap, we consider that the market does not appear to be factoring in the potential earnings uplift in FY19 from the
April 19, 2017

A charting view of Telstra – time to buy?

The Telstra share price is once again hitting the headlines after falling more than 10 per cent in the last 3 days. In early 2015, Telstra was trading over $6.60. It is now languishing at levels closer to $4 which means that investors have lost about 40 per cent of their capital in two years. One positive aspect of Telstra
April 11, 2017

Flight Centre is now showing some upside

Flight Centre (FLT) is a stock that divides the analyst community. On the one hand, we have concerns that FLT’s problems are structural and that it will struggle to compete with the more established online agencies. On the other we have a view that pricing issues have been cyclical and that too much pessimism is priced in. This leads to
March 28, 2017

This time is not different – a charting comparison

Patterns and investor behaviour repeat themselves in share markets. The current chart pattern on the ASX200 looks uncannily similar to one from two years ago. Below is a daily chart of the ASX200. Have a close look. One could be forgiven for thinking that it is a current chart, but it is actually from 2015.   Now have a look
March 14, 2017

Is Fairfax shaping up as a potential dark horse?

It is well documented that old school media has been struggling for years. Print and TV has been doing it tough in the digital age. Fairfax Media (FXJ) has seen its share price drop from near $5 to about $1 in the last 10 years. The bright spot in the FXJ stable has been Domain. Because the rest of the
March 7, 2017

Technology One may have further to fall

The following is an extract of our research report dated 14 February 2017. Contact us for a copy, or subscribe to a free 8 week trial to our latest ideas.   Technology One (TNE) is an end-to-end provider and consultant of enterprise software, focussing on mid-sized enterprises, the government sector and education institutions. The business model entails developing and marketing
February 14, 2017

At what point do we buy Credit Corp (CCP)?

This post is an extract from our research dated 7 February 2017. Make sure you sign up to a free 8 week trial to gain access to our reports. Following the announcement of the 1H17 result, it is worth noting a number of concerns that the market has in regards to CCP’s outlook. These include: The increase in gearing levels (which
January 17, 2017

The year ahead: What’s in store for the Aussie share market in 2017?

Michael Gable is an expert guest commentator for the Finance News Network. In this exclusive video for FNN, Bell Direct Equities Strategist Julia Lee and Fairmont Equities Managing Director Michael Gable talk about the outlook for the Australian share market in 2017 and what stocks and sectors are likely to perform under a Trump presidency. This video is dated 17 January
October 5, 2016

The energy stock looking great as a short term trade

The price of oil has bounced and many traders are looking to profit from that strength before OPEC meets again in November. Most energy stocks have rallied somewhat and it can be hard to pick which one to trade here. One stock however exhibits a textbook trading pattern and could represent a very attractive risk/reward for you. Beach Energy (BPT)