Thirteen members attended our meeting on Monday 5th August. We commenced with a 4-minute video from Commsec on the world-wide fall of markets last Friday and today, basically saying it was an overreaction to some US data and Japan rising interest rates from zero. It is likely markets will slowly recover from this sell off as both US and Australia begin their reporting season during the August -September period.
Handouts were - an All Ords graph, a Consensus Sell listing, Whitehaven Coal update, Liontown update, CSR scheme update, Albemarie (ALB) announcement that they will stop production of Lithium hydroxide in WA, and a 3 boxed listing comparison tables over the last 12 months compiled by Margaret.
On our long-term sheet John still leads with DRO, followed by Margaret W with TLX and Margaret J with PME. There are 14 members in positive territory and the next 4 months will no doubt bring a few more changes.
On our “Real Time Trading Dividend” listing, John leads with Yancoal (YAL) with $11,833, closely followed by Bill, Jill, and Neville. Dividends will start to be added to the sheet by our next meeting and added only after the Ex-dividend date. In reality, there is a pay date that I have not included on this 2024 sheet. Neville chose to trade WHC and purchase RIO before the September meeting at an optional high price of WHC and a low price of RIO before the ex-dividend date. Likewise, Malcolm chose to sell NHC and purchase EBO. Les chose to hold his PME now he is back in the black. If you wish to trade before our September meeting, please email or phone me.
Margaret gave a presentation comparison of three sectors and 4 large companies as in the tables below:
Comparison of four shares in three sectors
Handouts were - an All Ords graph, a Consensus Sell listing, Whitehaven Coal update, Liontown update, CSR scheme update, Albemarie (ALB) announcement that they will stop production of Lithium hydroxide in WA, and a 3 boxed listing comparison tables over the last 12 months compiled by Margaret.
On our long-term sheet John still leads with DRO, followed by Margaret W with TLX and Margaret J with PME. There are 14 members in positive territory and the next 4 months will no doubt bring a few more changes.
On our “Real Time Trading Dividend” listing, John leads with Yancoal (YAL) with $11,833, closely followed by Bill, Jill, and Neville. Dividends will start to be added to the sheet by our next meeting and added only after the Ex-dividend date. In reality, there is a pay date that I have not included on this 2024 sheet. Neville chose to trade WHC and purchase RIO before the September meeting at an optional high price of WHC and a low price of RIO before the ex-dividend date. Likewise, Malcolm chose to sell NHC and purchase EBO. Les chose to hold his PME now he is back in the black. If you wish to trade before our September meeting, please email or phone me.
Margaret gave a presentation comparison of three sectors and 4 large companies as in the tables below:
Comparison of four shares in three sectors
On our short term monthly selections Graeme leads with SCL with a value of $21,208, followed by Peter TPC with $3,323 profit, followed by Malcolm with EMR. There were 7 new monthly selection changes being Neville (RIO), Margaret J (TNE), Bill (CBA), John (CBA), Les (COL), Malcolm (FTL) and Wende (JBH) to report on at the September meeting
Our next meeting will be Monday 2nd September 2024 at 2pm.
Malcolm Sanders
Our next meeting will be Monday 2nd September 2024 at 2pm.
Malcolm Sanders
