A housing affordability crisis in regional Australia? Yes, and here’s why
The newly released annual Demographia report on housing affordability has found – once again – that Australia has some of the least affordable housing markets in the world. Sydney was ranked as the second-least-affordable housing market behind Hong Kong. This news came just a day after incoming NSW Premier Gladys Berejiklian announced that improving housing…
Why look for value rather than growth in China?
The general perception surrounding China is that it is an ideal market to search for growth. The reality is that China is a very unique and policy-driven economy. The extent of policy and government regulation make it a complex market to navigate, and the regulatory framework evolves at a fast pace. China is also a…
18 Share Tips – 23 January 2017
Boe Campion, Ord Minnett BUY RECOMMENDATIONS Oil Search (OSH) Chart: Share price over the year We believe Oil Search is best placed to weather weaker commodity prices due to the low cost nature of its assets and via decent organic growth at the Papua LNG project. Despite Woodside Petroleum withdrawing its offer for Oil Search in…
18 Share Tips – 16 January 2017
Michael Gable, Fairmont Equities BUY RECOMMENMDATIONS Syrah Resources (SYR) Chart: Share price over the year An Australian resources company focusing on its graphite project in Mozambique. The share price has been slashed since its peak in June, but it now looks like recovering about half that loss. Recent price action on the chart has resembled…
Three childcare stocks to watch
A new childcare centre near my house has apparently been swamped by demand. Getting quality child-minding, at an affordable price, is becoming an even bigger issue – and positive trend for companies that provide such services or those who own the properties. Business forecaster IBISWorld says the Australian childcare services industry grew a staggering annualised…
Bling’s the thing as trinkets charm consumers
Someone forgot to tell the long line of people queuing to buy Pandora jewellery that Australia’s economy is sluggish and that consumers are doing it a little tough.Shoppers could not get enough of Pandora’s mid-priced charm bracelets and trinkets. Business was almost as brisk at a nearby Michael Hill International jewellery store, and “fast fashion”…
18 Share Tips – 19 December 2016
Matthew Litchfield, PhillipCapital BUY RECOMMENDATIONS Carsales.com (CAR) Chart: Share price over the year The company has fallen into our buy zone due to an underperforming car finance business cutting the share price. The core business continues to perform well with good growth plans offshore. The stock also offers shareholders a decent dividend yield, recently around…
4 shorted stocks with double digit earnings growth forecasts
Some retail investors rarely check the ASX Top Ten Shorted Stocks List. This is not surprising given the constant drumbeat of dire warnings for retail investors to avoid shorting like the plague. Why? In theory the risk of loss with shorting stocks is infinite while the risk in buying a stock for $10 per share…
18 Share Tips – 12 December 2016
Simon Herrmann, wise-owl.com BUY RECOMMENDATIONS Beach Energy (BPT) Chart: Share price over the year An Australian oil and gas company focusing on the Cooper/Eromanga Basins. Beach Energy is highly leveraged to any recovery in the oil price, generating an additional $50 million in net profit after tax if oil prices increase by $US10 a barrel….
Behavioural finance: Money illusion
Money illusion describes the tendency of people to think about money in nominal rather than in real or inflation-adjusted terms. In other words, it’s when people focus on the absolute amount of money rather than what that money can buy. The concept of money illusion was first discussed by Irving Fisher and later popularised by…
