by Kris Sayce on April 8, 2010
If your editor was a trader, the big trade we’d take a swing at now would be to bet against the banks again.
But make no mistake, when we mention the word ‘bet’ we mean it. We’re not talking about rigorous fundamental analysis that we do for Australian Small-Cap Investigator or Australian Wealth Gameplan. And neither are we talking about the type of technical analysis our Slipstream Trader Murray Dawes uses.
We’re talking the kind of bet that you’d make at the TAB. The kind of bet where you take a quick glance at the form guide and then shove a few bucks on it.
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by Kris Sayce on February 2, 2010
We’ve all thought it. Actually, we’ve all said it. And now there’s proof.
We’re referring to the widely held belief that newspapers are editorially biased towards spruiking for the property market. It’s fairly obvious really.
You only have to pick up the Saturday edition of The Age newspaper with its three real estate sections to see that Fairfax makes a motza from the real estate industry.
Well, yesterday the ‘Benedict Arnold’ of newspapers, Marika Dobbin spilt the beans:
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by Kris Sayce on January 20, 2010
This morning we’ve left Fitzroy Street and have headed into town to catch up with our old pal Chris Mayer, the US based editor of Capital & Crisis.
He’s brought a bunch of American investors over for a tour of Australia and New Zealand so we thought we’d drop in to see what they’re talking about.
I’ll fill you in on any details in the next few days if there’s anything you should know.
Until then…
Last Thursday we wrote: “Short sell CBA – but not just yet!”
At the time Commonwealth Bank shares were trading at $56.75.
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by Kris Sayce on August 21, 2009
Another busy schedule for your editor today as we try to put together the August issue of Australian Small Cap Investigator.
Given our focus on natural gas and LNG over the past twelve months, we’re concentrating this month’s issue on the LNG industry.
We’ll scan our eye over our three ‘Thin Air’ stocks that have massively outperformed the market plus take a look at how small cap investors can start to plan for even bigger returns in 2010.
Today’s news about the Future Fund selling one-third of its stake in Telstra interests us a great deal, but we’ll leave that for either Money Weekend or for next week.
Because today I thought it was time to delve into the Money Morning mailbag. [click to continue...]
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by Kris Sayce on August 12, 2009
Commonwealth Bank [ASX: CBA] released its full year results this morning. We’ll take a look at the numbers today and comment tomorrow. The one thing we did notice is the increase in total provisions for loan impairment is “large.”
That’s CBAs way of expressing it on their balance sheet. They’re right. But if you use percentages as most people do, then bad debt provisions have increased by 187% since the same period last year!
We’ll have more on that tomorrow.
Anyway, by now you may have gathered that your editor is in favour of a free market economy.
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