Hi Shannon,
Every time I buy shares I receive paperwork in the snail mail asking me to update communication preferences, provide TFN, check bank account details etc. I find this a waste of paper & a security issue. After these are received I can request all subsequent correspondence to be provided electronically, but is there a way to avoid the initial paper deluge? Thanks. Graeme

Hi Shannon
I hold APT both inside and outside of Momentum and I’m thinking, given the hard run since Mar 18 when it was $13.31, perhaps it’s time to take 25-30% of the holding off the table for a month or so and just see what develops. I could always buy back in then or sell some more. Your thoughts please would be much appreciated. It just seems a prudent strategy to me. Keep up the great work. Thanks Daryl Greenvale Vic.

Hi Team,
Can you please give more information on how the Stanmore coal situation may play out ?
Is the company likely to come back after six months with the same $1.00 per share offer or better ?
What if i were to be stuck holding this stock long term, are they likely to pay dividends etc.
I’d like to know the risk / reward if i were to pick up small parcels around the current 70 cent mark.
Surely at some point this stock is a buy ?
Your comments would be much appreciated.
Regards,
Simon.

Could you please provide commentary on OPC. Share price has fallen since purchasing at $5.30 per recommendation. What is worst downside- I felt recommendation was a bit confusing With wording re this. Is stock at $5.10 even more compelling buy….or has something changed?

When do we expect to hear something from Pioneer Credit? It’s been in a trading halt for nearly three weeks.

Hello Team
could you please comment on ORA and the special dividend of 37.3 c/share , and the capital return of 12 cents per share. I am not sure how the consolidation of shares from 5 shares to 4 shares to pay the capital return will be organised, no date was set for the consolidation and no strategy was outlined as to how the consolidated shares would be valued. Thanks
Robyn

Hi Shannon,
If PNC resumes trading before EOFY, what will be the pros & cons of selling to crystallise a capital loss for this tax year to offset against other gains? PNC shares are held in our SMSF, I am in pension phase (pre 60) whilst my wife is still in accumulation phase.
Thanks. Graeme

hi shannon would appreciate your view on the latest isx isignthis vote to delist and change to another exchange regards michael

Hi Shannon,
Not sure if this is in scope for your virtually live, but would be interested if you have a view about the article published in the atlantic by Frank Partnoy.
https://www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/
Regards
Brian

Hi Shannon,
Could you please comment on AT1 Atomo Diagnostics Limited as either a short term hold or long term growth story.

Thanks.

Has the US market got further to fall.

Hi Shannon, CSL lost 10% in the last three days with large volumes (almost 5 times the average today). Are there anything fishy about CSL behind such weakness? Thanks.

Hi Shannon
Further to last weeks positive comments about Sydney Airport, will they be the owner operator of Badgerys Creek? Keep up the great work.
Daryl Vic

Two questions, the first being, before today’s price fall I was questioning myself as to whether APT can sustain the lofty price rises it has attained recently. Should one hold or sell & come back in at a lower price. The second; on Wednesday I noticed that NAB was upgraded from neutral to a buy from a company. This coincided with a considerable price rise in all of the banks & again today. Would this have anything to do with the forthcoming SPP placement so large companies can sell down at a larger profit if they choose? Can they manipulate… Read more »

Hi Team,
I am fairly new to trading shares and get a little put off when looing up a company to buy and seeing the morning star ratings stating OVER PEICED. For example Appen APX is over rated 20%. What does this really mean? Should I still buy over priced stocks? Regards Geoff, Nairobi Kenya.

Hi Shannon
Appen limited APX recently restated its profit guidance for 2020 at EBITDA $125 to $130m. Do you see AI playing an even bigger part in our day to day lives post covid-19

Hi Team, please comment on the current non-binding offer to acquire Village Roadshow. Thanks.

Please comment on what is happening with Isignthis (ISX).

Hi Shannon, As a very long term subscriber I recall just after Sept 11 Rene said that you either believe the World will ultimately win against terrorism and therefore stocks would recover or that a bunch of terrorists would win and we should run for the exits. On that basis many of us did as he suggested, blocked out the “noise”, looked for bargains and did very well! All these years later and using similar logic are stocks such as SYD – Sydney Airport , Flight Centre – FLT and Webjet – WEB so beaten up that they should now… Read more »

Hi Shannon, please provide your view on IDP Education.
Thanks
R

ROB QLD
looking for a speci to add to the portfolio and thought BLU may have some promise being in gas and hydrogen and under valued greatly at the present time. Your thoughts please.

Hi team,
What are your thoughts on Smartgroup Corporation Litd SIQ

Hi team. If the current rally fails & equity markets take another significant leg down, are hybrid prices expected to be as badly affected as during the initial sell-off? Thanks

Hi Team
Recent Special Dividends such as found in Zenith Scheme of Arrangement and one off as in Salmat. Are these subject to the 45 day rule for frsnking credits ?

Hi Team, Could you please comment on SPT – Splitit Payments.
Thanks!

Hi Guys Great show. Love the transcript. Could you please comment on the Macquarie Capital Notes 2. Will they be worth inclusion in the income portfolio, if there was spare capital? Bruce from NSW

Hi Great show. Could you please comment on mesoblast and its growth prospects. Thanks David from Logan.

Hi Team

Shannon made some general comments today about the plethora of SPPs offers but I wonder if he could comment directly on the offers from LendLease and Ingenia, mainly his thoughts on the longer term outlook for these companies. Thanks

Carol

Hi Team
Just wondering if there’s an explanation for the surge in Afterpays price from $13 in mid Mar to $36 this week.
Thanks
Daryl Vic

Hi Team
Thanks for your efforts under lockdown, could we have your view on the Qube 1 for 6.35 non-renounceable share offer at $1.95 please. With trading currently suspended and the last close $2.21, it appears on face value, a good offer.
Thanks
Daryl Vic

Hi Team
Just wondering if the people cashing in their super to support themselves will likely have an adverse short term effect on the market?
Thanks
Daryl Vic

SMR Hi. I placed an order (GTC) for SMR at 0.99 on 2 Apr then amended to 1.00 on 17 Apr. Order was not filled, then “purged by exchange” on 27 Apr. Can you explain why the order was purged? Assuming it was related to the Bonus Issue, could you please provide advice in similar situations in future – i.e. warn that the order will be purged & advise whether or not the order should be placed again and at what price? After some research it seems that the SMR ex-bonus date has passed. Is the current advice still to… Read more »

Hi, thoughts on tracrs, are they a way to buy overseas shares? what are the pros and cons? is see large spreads and not sure of the fees involved? also chi -x, how does it work and what are the benefits of chi-x to ASX. https://www.tracrs.com.au/

Salmat (SLM) owned the largest letterbox distribution business in Australia and recently sold it to IVE Group (IGL) for $25m while they’ve also sold their MicroSourcing business for $100m with the company now looking to return funds to shareholders. They have a market capitalisation of $152m at 76.5c, they receive cash of approx. ~$125m subject to some settlement balancing and it looks like they had cash and equivalents of around $45m beforehand, so you’re right, SLM is a cash box and is looking to return funds to shareholders. From a quick ‘back of the envelope’ calculation, the business could be… Read more »

Shannon sent an email to [email protected], done a bit of reasearch made a few calls, got some information to the oil etf which may clarify some of you virtually live comments today. Hope it is useful.

Ramsay health Care is offering both an Institutional Placement and a share purchase plan at a price of A$56.00 per New Share (“Placement Price”)
which represents a 12.9% discount to the last closing price of A$64.29 on 21 April . RHC resumed trading today and is trading in the range Open$62.490High$62.740 low$58.82
how are these discounts calculated?
What is the extent of the dilution?
Is it worth subscribing to SPP?
Is it worth buying more RHC below $60
Thanks again for your worthwhile analyses.
james

I’m interesting in buying oil as a long term play. I see the only way is via ASX code: ooo. However, I don’t really understand this product that well, and I’m worried that by its nature it could go bust. Is that possible? any chance you can explain this product? I note the outcome of an investment will be determined by: Spot oil price movement (negative or positive) Roll cost/benefit from rolling the futures contracts (negative or positive) Interest income Can you explain the relationship of the spot oil price and roll of future contracts? I see this company as… Read more »

ASX: MEQ – can you please discuss what is happening with this SIA and the background, its very unclear from reading the announcement. I find it hard to know if the $7 offer was via cash or script or both. Looks Like another Material adverse clause issue. Is there a potential opportunity here for us? why is the stock not trading?

Hi Team. I saw the comments about CWNHB interest payments. Would the same conditions apply to the other Notes held in the income strategy? Do all the companies have to eventually catch up missed interest payments or are some able to suspend interest payments (after suspending dividend payments) and then restart interest payments once dividends are reinstated, without having to make up for interest payments missed?

No sound – after the intro music, just silence!

Hi Team,
There has been significant discussion and criticism of LICs recently. Is that criticism fair of the Argo, Australian Foundations, BKI Investments and Miltons when compared to the multitude of other LICs where establishment fees and kickbacks are prolific.
Thanks
Daryl – Greenvale Vic

Question on Stanmore Coal. If Golden Investments want to own the whole company, why don’t they just buy the shares on the ASX or is there a maximum they can acquire by this method?

A slightly different type of question that I would value your opinion on. There was a very interesting and, not a little bit troubling, article by Terry McCrann in last weekend’s Australian on the subject of Share Placements and the tendency for companies to offer heavily discounted share purchases to the big institutional investors but not to smaller retail investors like us. McCrann was very critical of the ASX and ASIC for allowing this to happen. So my question is in a number a parts: 1. Do you agree this is a significant problem? 2. If so, should we be… Read more »

Thoughts on buying SMR, at 99 cents, looks like we can hold until mid May for a higher offer then sell at a $1, worst case scenario is 1% profit less brokerage with the free option of a higher bidder?

Hi Team, I have noticed MHH is continuously selling under its intrinsic value and management is conducting a buyback. There is around 8 to 15 cents difference. Who gets the benefit of this profit, the shareholders or management?

Hi there, can we please add a question for Thursday, can you help me understand when I can by a stock before it goes ex entitlement. For example, if we look at Katmandu, its in a trading halt and starts trading Thursday, therefore in this example I do not believe you can buy and be eligible for the entitlement. Seeing if any opportunities may present themselves if an SPP presents itself in the future or a rights issue with the option to apply for more then your entitlement. Therefore important to know the timeline and timing of purchases

Hi Team, What are your thoughts on Nufarm Notes – NFNG
Thanks
Paul

Hi Team, This was part of the announcement on mon 23/3/20 by National Australia Bank Limited (NAB). NAB has today successfully completed the resale of all NAB Capital Notes (NABPC) issued by NAB on 23 March 2015 (the NCN) to the NCN nominated purchaser in accordance with the resale notice issued by NAB on 17 February 2020 (Resale). Payments of $100 cash per NCN were made. Unfortunately earlier in the day there was a confusing announcement by NAB which did not lead investors to believe full face value was being paid. My question is how fast are the hybrids we… Read more »

Hi Team

Just wondering your thoughts long term on Qube (QUB). At $2.17 it’s $1 off it’s highs and seems sound, ignoring current Covid19 impacts.

Thanks
Daryl, Greenvale

Hi Team, what are your thoughts on the restructure of PMV, Soloman Lew has long been one of the business leaders who is generally in front of the pack. Do you think PMV is a good buy in the current environment for a long term hold.