Share Market Wrap9th March 07

The last two weeks on the Australian market have been very interesting given that we had the biggest one day fall in the market since September 11 2001 followed by another significant fall on Monday of this week, with the total fall for the period around 7%. What was even more interesting, however, was the  […read more]

Share Market Wrap 2nd March 07

This market fell over 200 points (3%) in the first half hour of trading on Wednesday (28 February), which was a reaction to the Chinese and American markets falling the night before. The effect of such a large fall on our market, or any market for that matter, often results from an emotional overreaction to  […read more]

Share Market Wrap 23rd Feb 07

Origin Energy announced today that it was rejecting AGL’s proposal for a nil premium merger, which in my opinion is a very sound decision by the board as the merger tended to favour AGL much more than Origin. Based on my research Origin has very good growth potential over the coming year whilst AGL is  […read more]

Share Market Wrap 16th Feb 07

The new RBA figures show that Australia is fast becoming a nation of debt, but is this a good thing? If you are an investor, then creating positive debt is good as it has the potential to increase your asset base at a marginal cost, and if your assets rise by more than the costs,  […read more]

Share Market Wrap 9th Feb 07

Regardless of whether the Macquarie lead buyout of Qantas receives the support of the government, the question that remains is whether Qantas is a good investment? From a technical perspective Qantas is a volatile stock that has erratic moves in price. You only have to look at the fact that after achieving an all time  […read more]

Share Market Wrap 25th Jan 07

Telstra announced on 24 January that it had gone to the high court to enforce shareholders constitutional rights after the ACCC arbitrarily reduced wholesale broadband prices to record lows. Telstra are arguing that the price reduction will result in the company selling their service at a loss and as we all know, no business can  […read more]

Share Market Wrap 19th Jan 07

Last week I outlined the market conditions that tend to unfold at the completion of a bull market including rising interest rates, low unemployment, high levels of consumer borrowing, rising commodity prices and abnormally high rates of takeover bids and acquisitions. In the past week I have lost count of the number of takeover speculations  […read more]

Share Market Wrap 12th Jan 07

2007 has started off with a bang as the proposed merger of AGL and Origin energy attracts attention and Alinta executives propose a management buyout. Given this, it looks likely that we will see the spate of mergers and takeovers continue on from last year’s high number. Whilst the prospect of owning a share in  […read more]

Share Market Wrap 15 December 06

It has now just over 3 weeks since T3 was listed the ASX, and we know the float was successful for the government but has it been successful for investors?  As of the close of business on 14 December 2006 the installment receipts (TLSCA) were trading at $2.62. Given the initial installment price of $2.00,  […read more]

Share Market Wrap 8th Dec 06

Between 7 November and 7 of December the All Ordinaries Index rose 53.10 or 0.8% given that the market fell 153.3 points or 2.71% over 9 days, only to rise back up over the next 9 days 100% of what it fell. Over the last 5 days it has closed lower than it opened on  […read more]