ASX

Is Codan a value trap?

Shares in Codan (ASX:CDA) have de-rated from a 1-year forward P/E multiple, from ~27x 12 months ago to ~12x at present. This is given challenges in its Metal Detection Division. With growth opportunities emerging from the Communications Division and improved balance sheet capacity, is Codan becoming a value play, or value trap? About Codan Codan (CDA) has two main operations: i) The Communications division, which provides technology solutions to service worldwide defence, peacekeeping, humanitarian, commercial, broadcasting, security, public safety, and …

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Video: Is it time to buy CBA shares?

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 27 June 2022.  Shares covered: (ASX:CBA), (ASX:LKE), (ASX:SUN), (ASX:BSL) Click on the image below to access the video on the FNN site: Current share prices available here. You can learn more about technical analysis in this article.  An 8-week FREE TRIAL to The Dynamic Investor can be found HERE.   …

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“Your Stock Request” – 23 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:RZI), (ASX:LPI), (ASX:BRN), (ASX:MCR), (ASX:AKE) 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

Growth opportunities with Elders

We recently researched Elders (ASX:ELD) in The Dynamic Investor after the Company reported its interim results for the six months to 31 March 2022 (1H22). A combination of favourable external conditions and internal initiatives have continued to underpin earnings upgrades. In turn, this has underpinned the strong gains in the shares since the start of the year. However, with the share price having retreated over the past month, do current levels present an opportunity? About Elders Elders is one of …

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Video: The latest charting view of the S&P 500

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 20 June 2022.  Shares covered: S&P 500, (ASX:PLS), (ASX:WBC), (ASX:ALQ) Click on the image below to access the video on the FNN site: Current share prices available here. You can learn more about technical analysis in this article.  An 8-week FREE TRIAL to The Dynamic Investor can be found HERE. …

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