Entries Tagged as 'companies'
February 25th, 2013 · 1 Comment
WorleyParsons Ltd (ASX: WOR), in line with a recent theme, announced–on the same day it revealed results for the first half of fiscal 2013–a new contract award, this one to provide engineering services at the Fort Hills oil sands project. The work, which will begin immediately, will generate AUD140 million of revenue for WorleyParsons. Fort Hills is jointly owned by Suncor Energy Inc (TSX: SU, NYSE: SU), Total SA (France: FP, NYSE: TOT) and Teck Resources Ltd (TSX: TCK/B, NYSE: TCK).
January 28th, 2013 · 9 Comments
Back in May 2012 when I last reviewed the performance of the Shareswatch Random Stocks Portfolio the S&P/ASX 200 (XJO) closed at 4165. On the 25th January the ASX 200 closed at 4835 which means the XJO has risen by around 13.85% since the last review. So it will be interesting (for me at least) to see how this randomly selected collection of stocks has been performing against this ASX 200 Index.
January 24th, 2013 · 1 Comment
The great market prognosticators have by now came out with their 2013 predictions about financial markets. It seems to me to be a fool’s game to try to predict what financial markets are going to do in the future. I want to be clear in stating that I do not know what is going to happen in the future. I do not know where the S&P 500 Index is going to trade tomorrow let alone 6 months from now. Most market pundits simply will not admit to this fact.
January 15th, 2013 · 2 Comments
Today I am going to review the 1 year performance of three ASX listed blue-chip stocks namely: the Commonwealth Bank of Australia (ASX:CBA) BHP Billiton (ASX:BHP) and Telstra Corporation (ASX:TLS) to get a feel for how these large companies within the S&P/ASX 200 Index fared during 2012. Does the performance of these stocks give us any indication of how the wider stock market may fare in 2013 and if so, are these stocks worth watching over the next 12 months?
December 30th, 2012 · No Comments
Coffee prices have fallen more than 50% since 2010 which can be seen through the coffee exchange traded fund symbol: JO. This investment seeks to replicate the returns that are potentially available through an unleveraged investment in coffee futures contracts as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
November 6th, 2012 · No Comments
I will quickly review four very different ASX listed stocks to see if we can draw any conclusions from how their shares prices have been moving. The stocks I will look at are AGL Energy, Cedar Woods Properties, Domino’s Pizza and Skilled Group.
October 11th, 2012 · 3 Comments
In the last 12 months, shares of the Australian S&P/ASX 300 healthcare index (comprising 22 companies) have risen faster than their counterparts in the industrials and energy sectors. While this is in part caused by the downturn in the commodity markets as the world grapples with the European debt crisis and a slowdown in China, the healthcare group, notoriously a defensive sector, has also shown resilience despite challenging market conditions.
September 25th, 2012 · 2 Comments
The apparent end of the biggest resource boom in a century in Australia, occasionally called China’s commodity quarry, has drawn downbeat forecasts from politicians and analysts, but there are some indications that signal all is not over for the lucky country.
August 30th, 2012 · 9 Comments
Do Europe’s budget-cutting austerity-minded planners understand simple math? They say they have to embrace austerity policies to reduce excessive national debt. But those policies inevitably cut tax revenues more than they cut spending. National debt increases rather than decreases. Worse, recovery from the economic downturns they create then forces them to ease the original spending cuts. So the national debt situation gets even worse. Japan during its two decades of economic stagnation was the poster-child model for this economic folly in action.
July 31st, 2012 · 5 Comments
The last 5 years have taken their toll on many Australian listed companies whose stocks were once considered almost a must for any respectable balanced shares portfolio. But will some of these stocks regain their former glory and move on to set new highs, or are their best days behind them? Today we will look at three shares which are in the category of former stock market high flyers: Billabong International, Macquarie Group & Perpetual Limted.
May 17th, 2012 · 3 Comments
It’s now been a year since I last reviewed the Shareswatch Random Stocks Portfolio during which time the S&P/ASX 200 has slid from around 4700 points to where it is today at around 4200 points. Again it will be interesting to see how the portfolio has fared against the ASX 200 Index and if there are any surprises in terms of how the stocks have performed.