In this episode of Virtually Live, Shannon Rivkin covers: Whitehaven Coal (WHC), the Labour Federal Government, Origin Energy (ORG), Warrego Energy (WGO), Beach Energy (BPT). Xero (XRO), and McMillan Shakespeare (MMS).
In this week’s show
- 0:30 – General economic update
- 1:53 – Q1: What are your thoughts regarding Whitehaven Coal (WHC), and a potential takeover of the company?
- 6:38 – Q2: what sort of risk is the Labour Federal Government to gas and electricity companies as far as capping what they can charge.
- 8:30 – Q3: Looking at the ORG offer of $9. Understanding it sat in the Blue Chip list however and there’s a sell recommendation on that. However will it be considered as a buy for a takeover as it’s trading at $7.80 so there’s a good arbitrage of 15%?
- 12:59 – Q4: What do you think of the WGO takeover by BPT. Is it an arbitrage opportunity? I have traded in and out of BPT for years now, and have found them to be a well managed company. of the highest probity. Does the risk reward ratio look suitable?
- 15:16 – Q5: Can you please comment on the H1 FY23 results for Xero? Also, what do you make of the appointment of a new CEO, that seems to have spooked the market
- 18:15 – Q6: re MMS it went ex dividend of 74c on October 26, with the dividend payable on Nov 10. Were those of us who bought it for the buyback prior to the dividend date entitled to this dividend?
Listen to the audio version
