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
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.
| Stock code | Stock name | Sector | Current price | Return 12m | Mom rank |
|---|---|---|---|---|---|
NVDA | NVIDIA Corp | Information Technology | $549.46 | 214.71% | 1 |
AMD | Advanced Micro Devices Inc | Information Technology | $84.48 | 199.75% | 2 |
DXCM | DexCom Inc | Health Care | $374.89 | 177.95% | 3 |
ETSY | Etsy Inc | Consumer Discretionary | $134.56 | 144.28% | 4 |
AAPL | Apple Inc | Information Technology | $113.16 | 113.35% | 5 |
REGN | Regeneron Pharmaceuticals Inc | Health Care | $581.64 | 107.25% | 6 |
SWKS | Skyworks Solutions Inc | Information Technology | $147.27 | 101.64% | 7 |
WST | West Pharmaceutical Services I | Health Care | $290.33 | 100.43% | 8 |
NOW | ServiceNow Inc | Information Technology | $491.54 | 99.52% | 9 |
PYPL | PayPal Holdings Inc | Information Technology | $191.66 | 97.47% | 10 |
NFLX | Netflix Inc | Communication Services | $505.87 | 96.81% | 11 |
QRVO | Qorvo Inc | Information Technology | $131.08 | 89.28% | 12 |
AMZN | Amazon.com Inc | Consumer Discretionary | $3,099.96 | 88.02% | 13 |
ADBE | Adobe Inc | Information Technology | $478.98 | 87.32% | 14 |
CTLT | Catalent Inc | Health Care | $88.85 | 83.45% | 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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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
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
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?
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
Thanks Shannon.
Ca you please add the franking percentage to the table. Is the yield shown before or after franking?
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
Does the APRA announcement re future dividend payments from banks also apply to hybrid distributions,
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
Thanks,much appreciated
It seems this table no longer shows the yield?
Hi Stuart,
Adding yield to the table is in our list of upgrades that will be implemented in the coming weeks.
Regards,
William
Nor franking percentage…