Shares during the month of September had declined by 5.5%. So, we started off by looking at a short article by Don Hamson, published in First links on 21 September titled “The best of times, the worst of times”. This informative article led into a discussion about the possibility of the Federal Government changing the laws on Franking credits, and the possibility that the new law could be retrospectively applied to December 2016.
Following this we had an in depth look at some shares in the Materials and Energy Sectors. We looked at the different type of mining shares such as lithium, iron ore, rare earth and coal miners, and how they had fared over the past three months. We were struck by the positive results of both some coal and lithium mining stocks.
Malcolm Sanders showed us a great XL table on the various world indexes which he has kept for the past 20 years, and also how it was linked to important world events.
After the break we looked at how the top ten Australian Agricultural businesses had fared during the past 12 months. We also checked how the price of their shares had risen/fallen over that period. Agriculture is an important industry in Australia, and these businesses provide an ongoing aspect of the share market which need to be appreciated.
The next meeting of Investment will be on Monday 7th November at 1.30pm in our U3A room.
Margaret Jenkins
Following this we had an in depth look at some shares in the Materials and Energy Sectors. We looked at the different type of mining shares such as lithium, iron ore, rare earth and coal miners, and how they had fared over the past three months. We were struck by the positive results of both some coal and lithium mining stocks.
Malcolm Sanders showed us a great XL table on the various world indexes which he has kept for the past 20 years, and also how it was linked to important world events.
After the break we looked at how the top ten Australian Agricultural businesses had fared during the past 12 months. We also checked how the price of their shares had risen/fallen over that period. Agriculture is an important industry in Australia, and these businesses provide an ongoing aspect of the share market which need to be appreciated.
The next meeting of Investment will be on Monday 7th November at 1.30pm in our U3A room.
Margaret Jenkins
