LendLease ( $Lendlease Group(LLC.AU$ ) is selling off all it’s international operations in a mega carve up…Let the mother of all fee feasts begin – consultants/bankers/lawyers are going to make absolute pigs of themselves….Will be interesting to see what shareholders end up with in the wash.
Car dealer $Eagers Automotive Ltd(APE.AU$ was the latest and warned about “softness” in Sydney.
That to me was definitely an eye opener because if Sydney siders are feeling the squeeze then every other capital city can’t be too far behind.
I maintain my AVOID on consumer discretionary stocks – I just see no reason to be in the sector.
You’ll have opportunities galore down the track.
That to me was definitely an eye opener because if Sydney siders are feeling the squeeze then every other capital city can’t be too far behind.
I maintain my AVOID on consumer discretionary stocks – I just see no reason to be in the sector.
You’ll have opportunities galore down the track.
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James Hardie ( $James Hardie Industries PLC(JHX.AU$ ) shares fell 14% after warning demand for housing building materials is likely to drop. In Australia JHX is expecting volumes to fall 5%….JHX trades on a big PE multiple of 24 times so I don’t think there is any need to rush in and buy this dip.
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This remains a sell in my opinion. It has failed to make new highs with the rest of the market.
The structure and setup still suggests a downside target of $150-158 (stretch target to $140s).
Currently trading at $278.
$CSL Ltd(CSL.AU$
The structure and setup still suggests a downside target of $150-158 (stretch target to $140s).
Currently trading at $278.
$CSL Ltd(CSL.AU$
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Rio Tinto $Rio Tinto Ltd(RIO.AU$ called force majeure on it’s ALUMINUM cargoes because they can’t secure GAS to power it’s Gladstone refinery…..
Our woke policy makers have engineered an energy crisis in QLD and it’s only going to get worse – pure SABOTAGE.
Our woke policy makers have engineered an energy crisis in QLD and it’s only going to get worse – pure SABOTAGE.
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I maintain my BULLISH view on COAL, URANIUM, OIL & GAS.…. $BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$
The measurement of inflation is a bit of a mystery anyway - what is or isn't included in it.
But insofar as elecricity is included in the measure then this will help to reduce the headline inflation figure, which is what the RBA uses when deciding upon interest rates
But insofar as elecricity is included in the measure then this will help to reduce the headline inflation figure, which is what the RBA uses when deciding upon interest rates
I'm not sure if it's just media hype or if there's really something serious going on with ANZ. $ANZ Group Holdings Ltd(ANZ.AU$
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high volatility around 1 month bank bills - around Tuesday's RBA rate decision $S&P/ASX 200(.XJO.AU$
Miserable retail sales.
In real terms, -0.4%; down 6 of last 7 qtrs - wow.
Down 5.7% in real per capita terms from peak - wow squared.
I'm hopeful RBA doesn't stuff things up. Inflation is falling - hiking interest rates due to insurance, petrol, school fees?
In real terms, -0.4%; down 6 of last 7 qtrs - wow.
Down 5.7% in real per capita terms from peak - wow squared.
I'm hopeful RBA doesn't stuff things up. Inflation is falling - hiking interest rates due to insurance, petrol, school fees?
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