AFF Member Stock Discussion

Ex Bingo CEO got off lightly. The company fine was large.
All the bank shares went well this week despite slightly lower profits. More branch closures are coming so Mrscove just uses our local post office.
Macquarie Bank is doing ok with their offerings to the retail market with their app.
 
Well Woodside did not drop below $30 so I picked up some on Tuesday in the match-up at $30.28. ATM they come with dividend. Also 5k TLS at 3.82 cough.
Chasing franked dividends.
 
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drron said:
But Woodside is the latest target of Green lawfare.
www.afr.com

Woodside spent decades on Indigenous relations. Then a whale arrived

Aboriginal fables are being given the power by courts to disrupt nationally significant energy projects.
www.afr.com www.afr.com

donate.greenpeace.org.au

Help stop Woodside's disastrous plans for our ocean

Act urgently to protect our ocean wildlife and ensure a safe climate. Donate Now.
donate.greenpeace.org.au donate.greenpeace.org.au
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Oh well, the protestors will still need their eco-warrior uniforms from Kathmandu, North Face etc. What's that you say? Yes, yes, all made from petroleum.
Edit: Interesting article. I can't believe legal people make a living from this. Pity no-one thought to mention the dreaming story before we ran seismic off the Burrup more than 40yrs ago
 
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Living without oil and gas would be quite difficult as yes there would be no plastic other than from recycling.
In our last year of manufacturing in 2023 we used several hundred tonnes of reclaimed plastics to make hundreds of products in Australia. This is continuing with the new owners.
Today is the last day of the reporting system for companies to advise how they have been doing up to 31st December.
It is always interesting for stocks to drop in share price when they report say a 30% jump in profit and you can have some shares jump in price with say a 10% drop in profits.
 
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All this curfuffle with Woolies and Coles might be a windfall for Metcash. I know a number of people, incl. MasterProzac, expressing they have ditched the duopoly for IGA. I have to say we are lucky to have an IGA a short walk away. They also get a steady stream of walking frame customers from the local retirement complex too. Like having a corner shop but with a bigger selection, and booze. Showing 5.97% FF.
 
prozac said:
All this curfuffle with Woolies and Coles might be a windfall for Metcash. I know a number of people, incl. MasterProzac, expressing they have ditched the duopoly for IGA. I have to say we are lucky to have an IGA a short walk away. They also get a steady stream of walking frame customers from the local retirement complex too. Like having a corner shop but with a bigger selection, and booze. Showing 5.97% FF.
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The problem is the IGA is even more expensive then Coles / Woolworths. My wife kept telling me that it’s all the same price until we went there a few times and everything was overpriced. So yes support the independent supermarket but be prepared to pay for the privilege.
 
We have both Woolies and Coles shares. With Metcash IGA I had an offer to get some at $3.35 with 10 minutes notice but missed them about a month ago as time ran out.
Their share purchase plan finishes tomorrow @$3.35 where Metcash is buying 3 new businesses.
 
cove said:
...interesting for stocks to drop in share price when they report say a 30% jump in profit and you can have some shares jump in price with say a 10% drop in profits.
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Missing/exceeding expectations, demonstrating as we know that we price a company's share price on expectations. And that's an issue with investing in gas...the expectation by many investors that gas demand/price will fall suppresses the share price, obviously. AND (getting to my point) this expectation will likely continue regardless of company production reports and profits. IMO.
 
With our portfolios going up most days it is easy to be lulled into thinking we are investment gurus.
Just like with residential real estate having gone mad we have all of our five biggest banks at all time highs despite their profits not surging.
I guess everyone buying believes interest rates are set for a big tumble fairly soon.
Elders won a Roy Morgan survey of the best agri business this morning and Woolworths and Coles are now less trusted in another category.
 
cove said:
With our portfolios going up most days it is easy to be lulled into thinking we are investment gurus.
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Ha, ha, yes it is, isn't it :D.
cove said:
we have all of our five biggest banks at all time highs despite their profits not surging.
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The market looks 6-12 months ahead. The profits will come.
cove said:
I guess everyone buying believes interest rates are set for a big tumble fairly soon.
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Markets as a whole may well be pricing in a couple of interest rate drops although I'm not sure we will see a "big tumble".
 
Ok 2015 was a crazy year @Dr Ralph. Someone did buy them then and if they held on they would be in quite a loss position.
I bought some Kelsian shares which is KLS and if they drop I will buy some more.
i gave up on half our Tyro shares.
 

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