We commenced with reviews from the Commsec website on the eleven sectors in the ASX. In particular, the Materials Index (XMJ) up 16% for the month and Real Estate (XRE) up 3% for the month, with the All Ords. (XAO) now at 8416 up 8% for the year to date.
One of the sheets handed out today covered the current World Oil Export listing in which Iran is 16th in the world, so any impact of hostilities in the Middle East should not affect world oil supply to any great extent. Other handouts were on Select Harvest, Telix, Droneshield and Firetail Resources.
On the Long-Term sheet John still leads with DRO, followed by Margaret W with TLX and 3rd Margaret J with PME. During our meeting checking Wende’s stock pick WC8 (Wildcat Resources) rose from 26 cents on Friday to a peak of 33cents - almost a 26% rise. It will be interesting if this price rise holds, as there were no significant announcements on the website.
On our Real Time Trading Les leads with PME, followed by Neville and Colin. Most of our members have received a dividend on this sheet. Only a couple of stocks have not advised their ex-dividend date or dividend as of today, one being ANZ and the other WBC. You can still trade any time before our next meeting to get another dividend if it’s a financial advantage to do so.
One of the sheets handed out today covered the current World Oil Export listing in which Iran is 16th in the world, so any impact of hostilities in the Middle East should not affect world oil supply to any great extent. Other handouts were on Select Harvest, Telix, Droneshield and Firetail Resources.
On the Long-Term sheet John still leads with DRO, followed by Margaret W with TLX and 3rd Margaret J with PME. During our meeting checking Wende’s stock pick WC8 (Wildcat Resources) rose from 26 cents on Friday to a peak of 33cents - almost a 26% rise. It will be interesting if this price rise holds, as there were no significant announcements on the website.
On our Real Time Trading Les leads with PME, followed by Neville and Colin. Most of our members have received a dividend on this sheet. Only a couple of stocks have not advised their ex-dividend date or dividend as of today, one being ANZ and the other WBC. You can still trade any time before our next meeting to get another dividend if it’s a financial advantage to do so.
Our 2024 group photo was taken but we will, at our next meeting on 4th November, have Bev Lee retake another photo so we can include you in our archive photo lists.
On the monthly sheet Graeme still leads by large margin with SLC, followed by Malcolm with FTL and then Wende with JBH. There were 7 new monthly selection changes being Neville (FLX) Nola (BHP) Colin (FBU) John (BHP) Les (GOR) Jill (CIA) to report on at the November meeting.
Please let me know of you wish to sell and buy on the Real Time sheet or change to a new stock on the Monthly sheet.
Our next meeting will be Monday 4th November 2024.
Malcolm Sanders
On the monthly sheet Graeme still leads by large margin with SLC, followed by Malcolm with FTL and then Wende with JBH. There were 7 new monthly selection changes being Neville (FLX) Nola (BHP) Colin (FBU) John (BHP) Les (GOR) Jill (CIA) to report on at the November meeting.
Please let me know of you wish to sell and buy on the Real Time sheet or change to a new stock on the Monthly sheet.
Our next meeting will be Monday 4th November 2024.
Malcolm Sanders
