We looked at analyst’s report reviews by Bell Potter on Bega (BGA), CSR, Azure (AZS), and 4DMedical (4DX).
Our review of our monthly short-term selections saw Val & Margaret J still leading by a good margin.
Our long-term selections Margaret J led the month with XRF. Everyone was able to change their long-term selections and absent members were able to email or phone in a change.
After the break we learned of scams on Facebook and Instagram where artificially generated reproductions known as deepfake, is used to swindle victims by impersonating prominent business people and trusted brands. A generated deepfake of an image of Matt Conyn CEO of Comm Bank recently appeared urging people to invest in certain funds, thereby exposing personal bank details.
The ASX200 is up 9.7% for 22/23 compared with – 10.2% the previous year.
We then viewed Morning Wrap on Marked Index website with an in depth look at TLX, also AGL with a forecast of doubling profit next 12 months. On lithium we looked at LTR and AKE.
The session finished by comparing the Dogs of ASX200 of 2023 with the Dogs of 2022. A copy of the table was emailed out after the meeting to all.
The next meeting of Investment will be on Monday 7th August at 2.00pm in our U3A room No.1. Margaret Jenkins and Les Rodgers will lead the group as both John & Malcolm will be on holidays.
John Hanlon and Malcolm Sanders