AFF Member Stock Discussion

[cove]

Had a call from WAR who wanted to know how we felt about our investment.Gave the definite reply that WAR was causing us to stop looking at investing in any further Wilson funds. Mrscove was listening and was wishing that she was recording what I told them.
We do have WAM shares.

 

[Mr_Orange]

Gave the definite reply that WAR was causing us to stop looking at investing in any further Wilson funds.

Good feedback, if they take it seriously. Did they come back at you with the minimum investment timeframe that the prospectus gave? I think it was 5-7 years.

We do have WAM shares.

As do we.

 

[RooFlyer]

Nice interim divvie from CBA. But I don't like the misrepresentation here (not scaled)



Other than that, I'm so relieved I ignored the advice of my (former) financial adviser when I retired abt 6 years ago that I was "very overweight in CBA and need to sell about half". Yeah ... nah.

 

[cove]

Tougher day today in the market. The CBA result wasn’t brilliant but when you consider that quite a few of their customers are struggling with inflated cost of living I think it was ok.

 

[Mr_Orange]

Tougher day today in the market.

Yes it was. US markets were down over night.

 

[Dr Ralph]

Any thoughts on Lendlease?

 

[cove]

Avoid. Their sector has troubles that will need surgery.

 

[SYD]

Avoid. Their sector has troubles that will need surgery.

I ditched them because their tax reporting is woefully late (ie Oct if you’re lucky!). But also a basket case now.

 

[Mr_Orange]

Any thoughts on Lendlease?

It's been in a long term downtrend since August 2018 with no sign of reversing. Avoid.

 

[prozac]

Any opinions on the Woodside slide? I have been tempted but then noticed Richard Goyder is chairman.

 

[cove]

Woodside has a better CEO now. I don’t rate their Chairman and I hope he goes out the door sooner rather than later.
Next Monday we are going to listen to Rob Scott of Wesfarmers and Mrscove is coming too.
MMS had a pretty good report today. No FBT on electric vehicles is helping them with salary packaged vehicles.

 

[Freq Flier 2013]

Any opinions on the Woodside slide? I have been tempted but then noticed Richard Goyder is chairman.

The Div while not sustainable long term should offer some support to the share price.

 

[SYD]

Any opinions on the Woodside slide? I have been tempted but then noticed Richard Goyder is chairman.

I have a small parcel as a result of the BHP spinoff but have been torn on just selling that or topping up. As above, short term the dividend is ok but long term, I can’t see a good future (nor Santos).

 

[MARTINE]

I have a small parcel as a result of the BHP spinoff but have been torn on just selling that or topping up. As above, short term the dividend is ok but long term, I can’t see a good future (nor Santos).

Ditto my scenario

 

[cove]

We will be using oil and gas for many more years. The price of oil has been rising. I topped up the shares that cane out of BHP during a weak trading week a while ago.

 

[prozac]

I have a small parcel as a result of the BHP spinoff but have been torn on just selling that or topping up. As above, short term the dividend is ok but long term, I can’t see a good future (nor Santos).

I don't think you can expect to see the dividend at the level quoted on the financial pages. Nonetheless I was contemplating a purchase should they touch $30.
Edit: I wish I'd had the forethought to purchase in 1982 when I was working on the construction of the North Rankin A platform, their first production platform. The share price then was 15c.

 

[SYD]

I don't think you can expect to see the dividend at the level quoted on the financial pages. Nonetheless I was contemplating a purchase should they touch $30.
Edit: I wish I'd had the forethought to purchase in 1982 when I was working on the construction of the North Rankin A platform, their first production platform. The share price then was 15c.

Yes, I might bite the bullet and buy more around that price. They hit $40+ just after the merger.

 

[Mr_Orange]

Nonetheless I was contemplating a purchase should they touch $30.

They closed at $30.19 today.

 

[prozac]

They closed at $30.19 today.

Nearly there.

 

[prozac]

'Brad' has resigned as WOW CEO.