In this week’s show
00:18 – Q1:For those that held PRT for the dividend and capital return, what are the capital gains tax implications? For example, if you bought at 40 cents can you claim any capital loss?
Additional document for question 1
01:19 – Q2:What do you make of the announcement by Myer re the reverse takeover of Premier Investments? Would it be a good time to buy Premier or Myer?
05:14 – Q3:I am just after your general thoughts on ASX energy and utility stocks. These stocks seem to have retreated over the last 12 months after having had it good for a few years after COVID. Like insurance companies, they pretty much gouged the market after the Russia’s war on Ukraine broke out, recording stunning profits. Unlike insurance companies, however, they aren’t as heavily regulated. Now that they seem to be increasingly under the spotlight of regulators due to their <span>contribution to inflation, I am wondering what their outlook is like? Is there any stock in particular that you fancy or are keeping an eye on as a solid medium-term investment?
09:26 – Q4:Currently sitting on its 12-month low, do you have any thoughts on Pilbara Minerals (PLS)? What do you think is the single biggest driver of Pilbara’s share price movements and what is it’s short to medium term outlook?
13:23 – Q5:I actively follow your event portfolio. It’s a pity that the interest rate environment is dampening opportunities in this space. Given this, I recently started wondering more about the long list of possible takeover events which you have not formally recommended. I must say it seems weird to hear you talk about these, because when you mention them at the end of your video updates, you talk like they are recommendations, yet because they aren’t, I know nothing about these stocks and events Can you please tell us the best way that subscribers with a little more appetite for risk, can stay informed and across what is happening with these extra trade opportunities, and get involved despite them probably not becoming formal recommendations?
16:21 – Q6:What is your thoughts on BHP?
18:35 – Q7:City Chic Collective (CCX) is a global omni-channel retailer specialising in plus-size women’s apparel, footwear and lingerie. It operates in Australia, New Zealand, USA and Canada through a network of stores, websites, marketplaces and wholesale partners.I invested in CCX because I believe that Australians will continue to increase in size. New Zealand USA and Canada citizens too. It has not been a successful investment so far and I have received an entitlement offer to invest at the same price as institutional investors have recently done at $0.15. per share . The offer closes on 10 July. The Retail Entitlement Offer is partially underwritten by the Lead Manager (for up to $2.9 million), subject to the terms of the Underwriting Agreement described further in Section 6.4. CCX Shares are currently trading around $0.12. I am thinking of buying at $0.12 and selling my existing shareholding for a substantial capital loss. Whenever I see fast food advertisements, I think there will be a strong tailwind for the company. As always, I value your opinion and commentary very highly.
22:12 – Q8:Excellent segment, very educational, thank you. My question relates to the current Infratil equity raising. I hold some shares in Infratil and am wondering if these would be diluted if I don’t participate in the raising.
