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This week’s steep sell-off in global sharemarkets is a good reminder to have a shopping list ready of Australian stocks you’d buy in a market pullback. What’s a market pullback? A market pullback is a temporary pause or dip in an asset’s overall trend. It’s when a share price that’s being going up, pauses or… Read more »
Over the next couple of weeks Australians who are invested in our big listed companies (or through their super funds) are going to get a lesson in the power of dividends. Most investors just look at the share price movements of their stocks and tend to forget about the twice-yearly dividend distributions. Dividend payments are… Read more »
The concept of market timing seems simple, but so many people get caught up in the hype and end up getting it wrong. What is market timing? Market timing involves choosing the very best time to invest money. Like Marty McFly in Back to the Future, it would be great to know in advance when… Read more »
Market darling online homewares and furniture retailer, Temple and Webster was hit hard this week despite reporting revenue up 138 per cent since the start of FY21. While the company continued to benefit from a consumer shift to online shopping, the market clearly believed the stock was running a too hot. October revenue was up… Read more »
Stock of the Week #1; Altium Altium launched its new cloud platform Altium 365, expanding its leadership and organisational capacity to drive growth and high performance for market dominance. In the restructure, it’s separating its cloud operations from its software business and will focus on growing its market opportunity and expansion into the broader electronics… Read more »
Stock of the Week #1; Cimic CIMIC Group’s 50% owned associate, Ventia, has won a $124 million contract extension with the NSW Land and Housing Corporation. Under the contract, Ventia will continue to provide maintenance, project and program services in Sydney, Newcastle and the Hunter Valley. The initial agreement was signed in April 2016, and… Read more »
Digital job ads platform, Seek, has confirmed that its Chinese digital jobs classifieds business, Zhaopin, is speaking to potential investors amid speculation e-commerce giant Alibaba could invest “hundreds of millions of dollars” in the company. SEK told the markets that Zhaopin and its shareholders were in discussions with “a number of parties” about new investment… Read more »
Stock of the Week #1; NextDC NXT reported a 14 per cent rise in revenue, coming in at the high end of its guidance range. Growth was driven by strong demand for capacity at its data centres. Customer numbers also surged – up by 15 per cent in the period. Spending was big in the… Read more »
Online recruitment advertising business Seek announced an expected big drop in profits during the week as the jobs market around the world is in turmoil because of COVID. Seek’s annual earnings were down more than 9 per cent to a net loss of $111.7 million although revenue for the group edged slightly higher to $1.5… Read more »
I know Stock of the Week is usually a company you can buy I’ve been interested in what the experts think of the battered, iconic financial giant AMP. This week AMP came under more pressure as the huge value investor, Lazard Asset Management is no longer a substantial shareholder. Earlier this year, Lazard held over… Read more »
