Fairmont Equities Archives - Fairmont Equities

Time to sell shares in Woolworths?

November 29, 2023 by Michael Gable

We recently researched Woolworths (ASX:WOW) in The Dynamic Investor. The progressive decline in the share price since the release of full-year results in August prompted us to consider whether the risk/reward ratio was more balanced. On the one hand, the recent quarterly report reinforced expectations for strong sales and margin trends to continue over the short term at least. However, are challenges in other businesses detracting from WOW’s investment appeal? About Woolworths Woolworths is an operator of general merchandise consumer …

“Your Stock Request” – 23 November 2023

November 23, 2023 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:LYC), (ASX:OZR), (ASX:CMM), (ASX:TLS), (ASX:MAD) 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 it too late to buy McMillan Shakespeare?

November 22, 2023 by Michael Gable

We recently researched McMillan Shakespeare (ASX:MMS) in The Dynamic Investor and took a positive view, as the shares appeared oversold. With the improvement in the share price since our report, we assess whether the shares still offer value at current levels. About McMillan Shakespeare McMillan Shakespeare is a market-leading provider of salary packaging and novated leasing. The Company also has operations in NDIS plan management and asset management. Following a simplification of the business portfolio, the Company’s operations now comprise …

“Your Stock Request” – 16 November 2023

November 16, 2023 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:WDS), (ASX:PLS), (ASX:MEI), (ASX:SCG), (ASX:AHC) 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 …

Can Monadelphous shares get cheaper?

November 15, 2023 by Michael Gable

Monadelphous Group’s (ASX:MND) recent financial results have been marred by labour availability pressures over the past 24-30 months. Skilled labour shortages continue, costs are escalating and ongoing supply chain risks remain. On the other hand, the Company has continued its impressive track record of securing new contracts and work extensions. With this in mind, we assess whether the risk/reward profile more appealing at current levels. About Monadelphous Group Monadelphous Group provides construction, maintenance and industrial services to the resources, energy …