04-05-2016

Donald Trump has warned that investing in the US stock market is dangerous. I am not so sure because the economy seems to be picking up and investors have few other homes for their money when interest rates are so low. He is a property guy, so perhaps he should focus on that sector.

04-05-2016

Great news! Last month I urged readers to get into an Oil & Gas strategy offered by broking firm Halifax as it appeared to me that oil prices were bottoming. I am pleased to report that the strategy has generated profits of 15.1% in March alone!

07-05-2011

House prices are set to start rising in the US this year, it has been forecast. This is a positive sign and the resulting 'wealth effect' will stimulate the US economy and markets. Unfortunately, house prices are declining in Australia and the reverse may well occur.

07-04-2011

After a strong run last week, the US market is almost back into growth territory. I say almost because, for a reversal of the recent soft trend to be fully fledged, the Dow Jones needs to go above its yearly high in late April of 12,876. We are still 300 points short of that.

07-01-2011

The NZ government is making noises about wanting a widespread pool of local shareholders in the utilities it intends to privatise. To make these floats a success it will need to price them very attractively, so investors should make sure they are on good terms with their broker so they can get access to the offers.

 
 

From our latest newsletter

Price wars are a shareholder’s nightmare (MIR 856)
Australia’s A$90bn grocery economy has become an intense battleground with the arrival of several new international players and a price war between the major incumbents. Having already fought battles over milk and ...
Commonwealth Bank of Australia (MIR 856)
Just a few days after being embroiled in a deepening money laundering scandal, (AU: CBA) announced bumper profits, beating analyst expectations. The bank announced an 8% jump in the net profit for 2017 to A$9.93bn ...
SkyCity Entertainment Group (MIR 856)
NZ’s largest tourism, leisure and gambling company, (NZ: SKC) reported a 69% dip in net profit for 2017 to NZ$44.9m. The drop was attributed to a previously flagged A$95m write-down on the value of SkyCity Darwin. ...
Virgin Australia (MIR 856)
Australia’s second-biggest airline operator (AU: VAH), reported an annual loss of A$185.8m, much lower than expected and said its outlook had brightened with a surge in corporate business.  ...
PGG Wrightson (MIR 856)
NZ’s leading agricultural supply business PGG Wrightson (NZ: PGW) delivered better than expected annual results with net profit rising to $46.3m compared with $43.8m last year. While sales dropped from $1.2bn to $1.18 ...

MIR Report

Main Article
Price wars are a shareholder’s nightmare (MIR 856)
Australia’s A$90bn grocery economy has become an intense battleground with the arrival of several new international players and a price war between ...
Avoid the losers in a Bull Market (MIR 855)
The NZ stock market is on track for finishing the year higher for the 8th year out of the past 9. Despite this, some of the country’s largest and ...
Has Tegel got it’s neck on the block? (MIR 854)
The Tegel chicken brand was not well known in Australia for many years, because the company was seen strictly as a Kiwi company. That changed in M ...
Announcements & Recommendations
Commonwealth Bank of Australia (MIR 856)
Just a few days after being embroiled in a deepening money laundering scandal, (AU: CBA) announced bumper profits, beating analyst expectations. ...
SkyCity Entertainment Group (MIR 856)
NZ’s largest tourism, leisure and gambling company, (NZ: SKC) reported a 69% dip in net profit for 2017 to NZ$44.9m. The drop was attributed to a ...
Virgin Australia (MIR 856)
Australia’s second-biggest airline operator (AU: VAH), reported an annual loss of A$185.8m, much lower than expected and said its outlook had brigh ...
Share of the Week
PGG Wrightson (MIR 856)
NZ’s leading agricultural supply business PGG Wrightson (NZ: PGW) delivered better than expected annual results with net profit rising to $46.3m com ...
Monadelphous Group (MIR 855)
Monadelphous Group (AU: MND), the supplier of engineering and related services, has seen its share price double in less than a year as investors came ...
Flight Centre (MIR 854)
Many people thought the internet would destroy traditional middleman businesses like Flight Centre (AU: FLT), which takes a clip on helping people t ...