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

Building boom benefits Fletcher (MIR 833)
NZ’s property market is rampant and the government is pushing through new legislation to force local councils to open up new land for development. In Australia, housing starts are up 18% in the past year, with 214,0 ...
Westfield sags (MIR 833)
Westfield Corporation (AU: WFD), the world’s largest owner of shopping malls, said specialty retail sales were flat in the last three months. The company reported a drop in leisure-related specialty sales at both it ...
Macquarie makes money (MIR 833)
The merchant banker (AU: MQG) announced a net profit after tax of A$2.06bn for the year to March, up 29%. The company’s return on equity improved to 14.7% from 14% a year earlier. It declared a final dividend of A$ ...
Amcor shares sag (MIR 833)
Packaging group Amcor saw its share price take a dive after it announced it would write off the value of its operations in Venezuala. It has warned the move could see its gross profit dip by $US40m in its 2017 finan ...
Sky Network TV (MIR 833)
The share price of the pay TV provider (NZ: SKT, AU: SKT) has jumped sharply after it announced a proposed merger with mobile phone operator Vodafone (UK: VOD). In what amounts to a reverse takeover by the UK-based te ...

MIR Report

Main Article
Building boom benefits Fletcher (MIR 833)
NZ’s property market is rampant and the government is pushing through new legislation to force local councils to open up new land for development. ...
New floats looming in Australia (MIR 832)
Unlike poor old New Zealand, whose market becomes smaller and less relevant with every passing year, Australia’s stock exchange continues to thrive ...
Why the airlines are not flying high (MIR 831)
Last week, a wildfire in Canada ravaged an important oil sands production area around Fort McMurray. As much as 1.6m barrels a day of production w ...
Announcements & Recommendations
Westfield sags (MIR 833)
Westfield Corporation (AU: WFD), the world’s largest owner of shopping malls, said specialty retail sales were flat in the last three months. The c ...
Macquarie makes money (MIR 833)
The merchant banker (AU: MQG) announced a net profit after tax of A$2.06bn for the year to March, up 29%. The company’s return on equity improved ...
Amcor shares sag (MIR 833)
Packaging group Amcor saw its share price take a dive after it announced it would write off the value of its operations in Venezuala. It has warned ...
Share of the Week
Sky Network TV (MIR 833)
The share price of the pay TV provider (NZ: SKT, AU: SKT) has jumped sharply after it announced a proposed merger with mobile phone operator Vodafon ...
Tower (MIR 832)
The general insurance company (NZ: TWR, AU: TWR) saw its share price beaten down after it reported a worsened first-half loss. It turned in a net lo ...
Event Hospitality & Entertainment (MIR 831)
Tourism numbers are at record levels in NZ and there is talk of a substantial rooms shortage. There even has been a suggestion that room rates should ...