Cheap Stocks With Earnings Tailwind From Low Aussie Dollar
The race is on to find stocks that will benefit from a lower Australian dollar as broking firms busily downgrade currency forecasts and update valuations for companies with offshore currency exposure. Macquarie Equities Research this week trimmed its medium-term forecasts for the Australian dollar by an average 11 per cent across 2013 to 2017. The…
Iron Ore Stocks for Risk Takers
The adage that time heals all wounds often applies to stocks left for dead in the wake of some calamitous economic event. Such appears to be the case with the much-heralded death of the iron ore mining boom here in Australia. Risk tolerant investors aware the world has yet to produce an alternative to steel…
Top ASX Telecom Stocks – Buy, Hold, or Stay Away?
Once one of the most aggressive growth stocks on the ASX, TPG Telecom (TPM) fell on hard times in mid-2016, with the share price spiraling downward until its announcement of a proposed merger with Vodaphone Hutchinson Australia, a 50% joint venture with ASX listed Hutchinson Telecommunications (HTA). Growth investors get nervous once a favored stock reaches the…
Mobile Purchase and Payment Stocks to Watch
It is hard for today’s younger generations to imagine a world without digital devices from personal computers to tablets to smartphones. Yet the oldsters among us well remember a time when bill payments from personal and mortgage loans to credit card payments went to the traditional banking system via Australia Post. The personal computer ushered…
New IPOs with Innovative Technologies Behind Them
The father of value investing, Benjamin Graham, advised against investing in IPOs. His advice was based on his belief that the initial investment in an IPO left little or no opportunity for buying a stock at a discounted price; the cornerstone of value investing. Companies choose to go public for a variety of reasons, chief…
Cashing in on the international student boom
On 26 June the United States Supreme Court ruled in favor of the third version of the US Travel Ban, stating the [order] is expressly premised on legitimate purposes: preventing entry of nationals who cannot be adequately vetted and inducing other nations to improve their practices. The decision was immediately followed by a wave of…
Drilling into the top 30 short list
Retail investors confident enough to pick their own stocks are constantly hunting for sources of new investment opportunities. Value investors and bargain hunters monitor the 52-week low and daily top market fall lists. Some ignore another potentially potent source – the Top 30 Short List. Why? It doesn’t take long for a virgin share market…
Tuning in to radio stocks
A recent car trip to a nearby suburb took an hour when it normally takes 15 minutes. Traffic congestion was horrible, despite being outside peak hour. It’s no surprise that population growth is becoming a big political issue as congestion reduces living quality. As my car crawled along busy roads, an interesting radio program provided…
The pick of ‘industry roll-up’ companies
Picture this: an entrepreneur of a small company raises $20 million and lists it on ASX. Management uses that capital to buy other privately owned companies in the same industry. The entrepreneur knows the industry is full of tiny operators or, in business-speak, is “highly fragmented”. Several owners are eager to sell and the entrepreneurial…
Garbage a growing business as city populations take off
Rampant population growth in Sydney and Melbourne, and its impact on accommodation, infrastructure and liveability, attracts almost daily headlines. Less considered is the waste that millions of extra residents will create and what that means for garbage disposal. Waste is big business in Australia. Business forecaster IBISWorld estimates the solid waste-collection services industry has annual…
