ASX Income Portfolio

18 Nov 2020
Latest Update - 18 November 2020.

We currently hold seven hybrids and the plan today is to sell our two least favoured holdings for two new ones.

Minimum Investment Amount and Period

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Period

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Stock codeStock nameSectorCurrent priceReturn 12mMom rank
NVDA
NVIDIA Corp
Information Technology
$549.46214.71%
1
AMD
Advanced Micro Devices Inc
Information Technology
$84.48199.75%
2
DXCM
DexCom Inc
Health Care
$374.89177.95%
3
ETSY
Etsy Inc
Consumer Discretionary
$134.56144.28%
4
AAPL
Apple Inc
Information Technology
$113.16113.35%
5
REGN
Regeneron Pharmaceuticals Inc
Health Care
$581.64107.25%
6
SWKS
Skyworks Solutions Inc
Information Technology
$147.27101.64%
7
WST
West Pharmaceutical Services I
Health Care
$290.33100.43%
8
NOW
ServiceNow Inc
Information Technology
$491.5499.52%
9
PYPL
PayPal Holdings Inc
Information Technology
$191.6697.47%
10
NFLX
Netflix Inc
Communication Services
$505.8796.81%
11
QRVO
Qorvo Inc
Information Technology
$131.0889.28%
12
AMZN
Amazon.com Inc
Consumer Discretionary
$3,099.9688.02%
13
ADBE
Adobe Inc
Information Technology
$478.9887.32%
14
CTLT
Catalent Inc
Health Care
$88.8583.45%
15

Important notice:

Quantities and calculations in this post use the Rivkin Model and might differ from yours. This post does not constitute an invitation to buy or sell any securities. Before conducting any transaction, make sure you fully understand the terms of the product and the relevant risk factors involved. You can seek professional advice to determine the appropriateness and cost of any transaction from the broker you use.

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SHOW COMMENTS / QUESTIONS (13)

13
Comments

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Jenny G.

Hi. The IAGPD has been in a trading halt since at least mid-yesterday. Can you give any further information on what this means or when it lifts? Thanks

Shannon Rivkin

Hi Jenny,
Please see today’s article on the IAGPDs. The short answer is that IAG is conducting a capital raising so the IAGPDs should trade in a couple of days.
Regards,
Shannon Rivkin

Dennis T.

Hi Guys, what would you think of buying CWNHB at around $95 and a possible 5% gain, or are there too many risks and better deals around?

Shannon Rivkin

Hi Dennis,
I am comfortable buying CWNHB at these levels. Despite the issues the company is facing, the balance sheet is rock solid and its assets are worth significantly more than their debts. I think there is a high chance we see the CWNHBs redeemed at their call date next October (assuming no unforeseen issues for the company). And if CWN is forced to sell Barangaroo because it can’t operate the casino then the balance sheet will be in even better shape.
Regards,
Shannon Rivkin

Dennis T.

Thanks Shannon.

Stuart H.

Ca you please add the franking percentage to the table. Is the yield shown before or after franking?

Shannon Rivkin

Hi Stuart,
For some reason, I have only just seen this comment. The yields in the table include franking, and your suggestion to include franking per hybrid is a great idea, and I will pass this on to the IT team.
Regards,
Shannon Rivkin

Michael & Lisa T.

Does the APRA announcement re future dividend payments from banks also apply to hybrid distributions,

Shannon Rivkin

Hi Michael and Lisa,

This is a recommendation by APRA but it is highly unlikely the banks cut dividends completely. As long as they pay even $1.00 in dividends then the hybrids will also receive their full distributions.

Regards,
Shannon Rivkin

Michael & Lisa T.

Thanks,much appreciated

Stuart H.

It seems this table no longer shows the yield?

William O.

Hi Stuart,
Adding yield to the table is in our list of upgrades that will be implemented in the coming weeks.
Regards,
William

David B.

Nor franking percentage…

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