We had 14 attendees at our meeting on 4th November and commenced with a Commsec video of Jon Lieber speaking with Tom Piotrowski about the upcoming US Presidential Election. The pair discuss the current status of the race, policy considerations, and implications for the global economy. Additionally, Jon provided insights into proposed taxation reforms, and things to look out for from the perspective of an Australian share market investor into 2025.
A second 2024 group photo was taken by Bev Lee to be included in our archive photo lists.
A second 2024 group photo was taken by Bev Lee to be included in our archive photo lists.
Handouts covered Lynas, Liontown, Nickel Industries and Champion Iron. Discussion on why Mineral Resources (MIN ) share price has dropped about $12 from a $50 price in mid-October are due to the CEO Chris Ellison having engaged in offshore tax minimization and private company deals with Mineral Resources. Our Bendigo 2024 Watchlist is running close to initial purchase cost across the 11 sectors, however standouts are ANX up 13%, EVN up 70%, GNG up 37%, QAN up 42%, RRL up 34% and SIG up 86%. Perhaps in 2025 these shares could be worth watching.
After the break a short video not related to the share market of a 1999 Toyota Ad brought a lot of laughter.
After the break a short video not related to the share market of a 1999 Toyota Ad brought a lot of laughter.
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 Brent and Neville. Most of our members have received a dividend on this sheet. Only a couple stocks have not advised their ex-dividend date or dividend as of today, one being ANZ and the other WBC. You can still trade anytime before our next meeting to get another dividend if it’s a financial advantage to do so. Margaret W has changed SUL to NAB for the December report.
On the monthly sheet Graeme still leads with a large margin with SLC, followed by Malcolm with FTL and then Wende with JBH. Changes today were Neville chose REZ, Les chose CYL.
Please let me know if 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 2nd December will be our last for 2024. Prizes will be awarded for leaders and wooden spoon members.
Malcolm Sanders
Convenor - Australian Shares and Stock Market
On our Real Time Trading Les leads with PME, followed by Brent and Neville. Most of our members have received a dividend on this sheet. Only a couple stocks have not advised their ex-dividend date or dividend as of today, one being ANZ and the other WBC. You can still trade anytime before our next meeting to get another dividend if it’s a financial advantage to do so. Margaret W has changed SUL to NAB for the December report.
On the monthly sheet Graeme still leads with a large margin with SLC, followed by Malcolm with FTL and then Wende with JBH. Changes today were Neville chose REZ, Les chose CYL.
Please let me know if 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 2nd December will be our last for 2024. Prizes will be awarded for leaders and wooden spoon members.
Malcolm Sanders
Convenor - Australian Shares and Stock Market
