8 August 2024

In this episode of Virtually Live, Shannon Rivkin covers: Wesfarmers (WES), Suncorp (SUN), Ephraim Resources (EPA) and more.

In this week’s show

04:16 – Q1:Wesfarmers is starting to look overvalued to me, what is your view please.

 

06:39 – Q2:I note Suncorp is close to its 12 month high – currently $17,68 but just wondering with payout of special dividends and return of part capital in first quarter next year if Rivkin would see this as a medium / long term trade?. I would appreciate your thoughts?

 

09:32 – Q3:I note from reading the CNN website, that they have a “Greed and Fear” Index. They have the fear rating at 27. Can you please give me a bit better insight into what that means?

 

12:17 – Q4:I would appreciate any thoughts that you may have with regards to the EPA having rejected Woodside’s project. I note that it is an initial rejection, and that negotiations are continuing. I also note that WDS are off around 5% today. Another thing to note is that Australian Super bought 95 million shares on or before 5 July last, which grants them 5% of the company.

 

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