AFF Member Stock Discussion

[Dr Ralph]

I'm on AZJ today. Lowest price in more than a decade.

 

[cove]

We were not impressed with two bank results namely BEN and WBC. As a result we chose to reduce our holdings in both WBC and NAB.
We still have holdings in both but it has been ok to sell some.

 

[Brissy1]

I'm on AZJ today. Lowest price in more than a decade.

I bought in the float but sold, fortuitously, about a decade ago only because it was a very small holding. But "Infrastructure" is usually a good, stable, dividend provider. Might be a good entrance price for a superannuation stock.

 

[cove]

The only bank that we could see having a good chance of going up now by quite a bit has been Judo who reported today.
Their loss provisioning drop helped increase their half year profit.

 

[Kerrodt]

The only bank that we could see having a good chance of going up now by quite a bit has been Judo who reported today.
Their loss provisioning drop helped increase their half year profit.

The oldest trick in the book…..

 

[cove]

Yes we were not convinced enough to buy more today. Judo pays their top people heaps but their return on capital is very low in the 5% range and no dividend. We are neither buyers nor sellers.
HMC had a great day and Challenger which is CGF took a hit despite their numbers mostly looking ok.

 

[prozac]

Yes we were not convinced enough to buy more today. Judo pays their top people heaps but their return on capital is very low in the 5% range and no dividend. We are neither buyers nor sellers.
HMC had a great day and Challenger which is CGF took a hit despite their numbers mostly looking ok.

WHC getting hammered. Thought about buying more but falling knife comes to mind. Should go Ex some time in next week.

 

[cove]

Yes @prozac we need to wait on WHC as coal prices fell.

 

[prozac]

Yes @prozac we need to wait on WHC as coal prices fell.

WDS also looking weak. Another opportunity.

 

[cove]

WDS is out of favour as well as Santos and Beach. I think the punters are all trying to make better returns from gold stocks.
Meanwhile diamonds have taken a tumble in value and cocoa has gone the other way with a critical shortage and price increases.

 

[prozac]

WDS is out of favour as well as Santos and Beach. I think the punters are all trying to make better returns from gold stocks.
Meanwhile diamonds have taken a tumble in value and cocoa has gone the other way with a critical shortage and price increases.

I am still pro-WDS despite CY24 costs above market expectations, signalling lower full-year earnings.

 

[cove]

Yes @prozac just spent an hour looking at WDS.
Cannot understand all the stupids railing against Woodside when we have real idiots handling the gas crisis on the east coast of Australia.
Woodside is pretty close to a years low so I can understand folks starting to nibble. Buying in a falling market can be a bit risky.

 

[tgh]

WDS consensus is pretty positive on BP research , where cometh the weakness ?

 

[cove]

More sellers than buyers @tgh. Could change sometime in 2025.

 

[Mr_Orange]

WDS consensus is pretty positive on BP research , where cometh the weakness ?

Research is meaningless and is just one person's opinion. The market determines everything.

 

[prozac]

Yes @prozac just spent an hour looking at WDS.
Cannot understand all the stupids railing against Woodside when we have real idiots handling the gas crisis on the east coast of Australia.
Woodside is pretty close to a years low so I can understand folks starting to nibble. Buying in a falling market can be a bit risky.

My WDS trigger is $23 and I will assess at that level whether to sit on my hands a little longer or squeeze it. WHC could one for a short term trade if it heads lower today.

 

[Freq Flier 2013]

Nab down 7%

 

[MARTINE]

Where are we supposed to put our $

 

[Dr Ralph]

Where are we supposed to put our $

I have a lot sitting in PL8.

 

[Major]

Where are we supposed to put our $

I will forward you my bank details