You are here: Home
What does Trump bring to the world? Well the assumption at this early stage is increased US spending, particularly in infrastructure which boosts the demand for raw materials, and inflation, which raises interest rates The local market is rotating out of utilities and back into resources and risk assets. I have no idea where we are now headed. I remain invested in utilities as the yield is super attractive at these prices and I have bought into SKI @ $2.01.
I have increased my holdings in Programmed Maintenance after recent profit warning. Broker analysis remains positive with a projected EBITDA of $100m for 2017 somewhat below prior guidance.
I was disappointed in BOQ and l exited the trade with a small profit @ $11.15 and I expected the price to fall significantly ex div. I was looking to buy back below $10. Thanks to the panic over Trump I have been able to buy back in to BOQ near $10.00.
Added ANZ bank to my portfolio, I have accumulated ANZ shares at levels below $25 and now hold a significant percentage of my portfolio in financials.
NAB has fallen behind ANZ in price. A risk of disappointment on revenue growth in the second half is affecting NAB despite higher dividend yield than ANZ.
I capitulated and sold my BHP holdings on the rebound above $17.
Speculative buy: proving to be a good income producer.
A sound investment. I had sold my holdings @ $2,61. I bought back in @ $2.16. Sold half my holdings @ $2.70 with a view to buy back below $2.50. I have now bought back and increased my holdings below $2.45
I bought into SKI @ $2.01 as the potential yeild is ober 7% at this price with very low risk of revenue wealness.
I exited TLS Ex Div @ $5.72 for a sound return Bought back in @ $5.30. Sold ex div $5.40. I continue to monitor TLS with a view to buy below $4.70.
I have bought into VIT on weakness in price. Takeover bid $2.25 has created a solid gain on this investment,
The two lines on these charts are linear regression moving averages. The short term line covers 21 periods and the medium term line covers 60 periods. I look for stocks to have an up bias in both the averages as well as last price above both averages.
My holdings are geared by a margin Loan to 46% The loan is not negative geared as dividends are at least 200% of the interest charges. As a professional share trader I do not claim the capital gains concession. All shares are held as trading stock and marked to market and tax is paid each financial year on any and all trading profits.