In this week’s show
02:38 – Q1: I read recently that Warren Buffet has built a substantial investment in Chevron. It stated that he sees a long term demand for oil and gas. I have 10% of my SMSF allocated to Woodside. Last Week I googled “Warren Buffet investment in Chevron”. Of Berkshire’s company holdings, I note that Chevron occupies 5th position at $19.1 Billion. That compares with Coca Cola in 4h position at $28.3 Billion.
I wonder how the Chevron investment compares to Woodside. I note that Woodside have made encouraging progress with partnerships in America, and more are likely imminent.Even at recent increases in the WDS share price, the grossed up yield is 9.6%. Are there other ASX companies, in this field, that are worth looking at?
08:26 – Q2: LaTrobe Magnesium LMG is making a Non-Renounceable Entitlement Offer underwritten by Shaw and Partners to existing Shareholders at $0.023 per share to Raise $4 million. They are also raising an additional $6 million by a placement, all for Magnesium Plant Production to prove its technology at scale.
11:22 – Q3: Regarding the Mayne Scheme Implementation Deed, I note that the End Date is 20 November. Is it possible that despite the recent Court Ruling in Mayne’s favour, that Cosette can frustrate the remaining timetable (eg appeal the decision?) and then simply walk away free and clear after 20 November?
15:16 – Q4: In view of current worlds economy and USA dollar vs BRICS , are we (in Australia) able to invest in Chinese Stock exchanges , as a hedge against the dollar collapse?
16:33 – Q5: I recently sent Rivkin some detailed thoughts (too long to repeat here) on the Rivkin Growth Portfolio, in particular, that its effectiveness is diminished by having monthly updates on a fixed date, rather than more timely updates without waiting for the monthly date. I would appreciate your thoughts on this.
20:09 – Q6: With what happened to WTC and CSL yesterday are they now a buy? Also the way NVX has been trading the last 3 weeks seems to me to be extraordinary. What are your thoughts?
