18 Share Tips – 15 December 2014
John Rawicki, PhillipCapital BUY RECOMMENDATIONS Commissioners Gold (CGU) Chart: Share price over the year versus ASX200 (XJO) Investors who bought CGU when I recommended it to readers of TheBull in May this year are so far up 50 per cent. I believe the stock has much further to run, and is top value below 3.5…
6 Travel Stocks on the Go
Wotif.com introduced many of us to the convenience and cost benefits of online travel arrangements back in 2000, with the company going public in 2006. Online Travel Agencies have multiplied in recent years, with US based Expedia.com and Priceline.com increasing competition in Australia. Wotif.com (WTF) shareholders welcomed the news that the ACCC (Australian Competition and…
How do you give financial help to your adult children?
As many of our clients approach or exceed their version of financial independence, it’s not unusual that they turn their attention to whether and how they can provide some financial assistance to their adult children. In Sydney, in particular, many believe that the only way their children will be able to enter the property market…
How banks allegedly rigged the US$5.3 trillion foreign exchange market
By Carol Osler, Brandeis University Suppose you’re in the supermarket shopping for groceries. While you’re strolling the aisle with your cart, a shadowy figure looms over your shoulder and changes the prices on the items you want to buy before you get a chance to pick them up. As you reach for some vine tomatoes,…
18 Share Tips – 17 November 2014
Peter Moran, Wilson HTM BUY RECOMMENDATIONS Oil Search (OSH) Chart: Share price over the year versus ASX200 (XJO) We have lowered our oil price assumptions, but still see the Papua New Guinea LNG project as offering an internal rate of return of 19 per cent. We expect the market will increasingly focus on the significant…
18 Share Tips – 10 November 2014
John Rawicki, PhillipCapital BUY RECOMMENDATIONS Oil Search (OSH) Chart: Share price over the year versus ASX200 (XJO) An oil and gas explorer and producer based in Papua New Guinea. The stock provides a pure play exposure to a highly prospective gas area in PNG. Boasting intensive capital investment into the LNG project, the company is…
6 ASX Stocks leveraged to US economy
On the morning of 23 October, global growth bellwether stock, Caterpillar (NYSE:CAT), not only exceeded earnings expectations, but also raised its forward outlook for 2015. US markets took off, with the Dow Jones Industrial Average (DJIA) rising over 250 points within hours, and closing the day up 216. Throughout the recent volatility there has been…
The 10 Biggest Energy Company Bankruptcies
Running a multi-billion dollar energy company isn’t easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some, like Enron, were brought down because of insider malfeasance. A few, like ATP, blamed damaging government policies, while others went off the rails due to…
The Banks: Time to Buy, Sell, or Stay Away?
In the last few months bank stocks have joined resources in dragging down the ASX. All four big banks plus the two major regionals have stumbled some 7% over the past month. Claims that the Big Four banks are overvalued has been repeatedly voiced since late 2012. During this time bad news stories have abounded…
Losing ourselves to technology
Millie’s vision became blurred and then she lost consciousness. Stressed and overworked, she took two weeks off, booked herself into a retreat, and slowly regained a sense of what she thought she’d lost. She’d been nothing more than an information processor for ten years. Canadian philosopher Marshall McLuhan realised 30 years before the emergence of…
