In this episode of Virtually Live, Shannon Rivkin covers OZ Mineral Limited (OZL), ASX Limited (ASX), Sundance Resources Limited (SDL), JB HI-FI Limited (JBH), Australian Super, Washington H Soul Pattinson & Company Limited (SOL) and Milton Corporation Limited (MLT).
In this week’s show
- 0:18 – Market update
- 1:28 – Q1: Is there a good reason for the sudden drop in OZ Minerals Limited (OZL)?
- 3:33 – Q2: Can you comment on the rumored competitor to ASX and what this might do to their share price?
- 5:16 – Q3: Can you provide your thoughts about BHP in regards to the following?
- They were previously making a profit US$40 per tonne and the recent current price is constantly over US$200.
- China appears to be expanding into Africa for Iron Ore, but historically companies like Sundance (SDL) have struggled.
- Do you think Barnaby Joyce being re-elected as Deputy PM will have an effect?
- 11:32 – Q4: Can you provide your thoughts about JBHIFI in regards to the following?
- Australian Super is the largest shareholder with 11%, do you think the recent changes to superannuation (employees keeping the same fund when they move jobs) will positively affect JBH’s share price?
- Given JBH’s earnings have doubled in the last 6 months, do you think it is likely they’ll increase their dividend payments?
- 14:30 – Q5: What are your thoughts on the SOL/MLT merger?
Listen to the audio version
New Educational Videos
Members should also watch out for the first of a new series of educational videos that Rivkin plans on producing. These videos will be 3 to-6 minutes in length. We don’t want to inundate members with emails, so you can opt in to receive emails when they are released or you can simply see them on the website. The first one is discussing the opening and closing rotations on the ASX and can be found through HERE.
Rivkin does not take into account your or anyone else’s personal situation in their market and stock commentary. Please keep this in mind when you are taking buy and sell decisions about any of these stocks that are mentioned in our Virtually Lives.
