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April 'The market entering a new phase' gains in lithium stocks

25/4/2022

 
At the April meeting of Investment we looked at an article by Lewis Jackson which described the Market as entering a new phase. This conclusion was reached due to a series of factors including the Ukrainian Russian conflict, the continued high metal prices and the increasing inflation in both the US and the UK. The article talked about four sectors and 17 stocks which will be affected.

Sometimes our monthly selections show up interesting facts, and this month it gave us two stocks involved with lithium mining which had made very substantial gains for the month.  It will be interesting to see if CXO and AGY continue with the momentum they showed during March.

The next meeting of Investment is on Monday 2nd May in our U3A room at 1.30pm. As part of the program we will be viewing a 40 minute video sent to us by FIIG on Investing in Bonds. This topic has been touched on before. However, having something from one of the main investment houses on Bonds should be worthwhile viewing. All welcome.
​
Margaret Jenkins

The recent Reporting Season, Managed Funds and more!

25/3/2022

 
At the March meeting of Investment, we looked at the Reporting Season in February which had just been completed. Whilst the reporting season had been strong, the shares overall for February showed a slight decrease, but nowhere near as bad as in January.

We looked at an article by Jun Bei Liu  about Six Stocks which were on his radar following the strong reporting season, and then compared those stocks to six blue chip stocks which had also reported.

Due to the choppiness of the market, we then looked at a couple of gold stocks and compared these to two gold based ETFs which are also available on the market.

After the break John Hanlon led the Group in an interesting discussion about Managed Funds. In these uncertain times overseas with the conflict in Ukraine these Managed Funds and also Mortgage Funds can be a more reliable alternative to the share market. Thank you John for your insight into managed funds.

The next meeting of Investment will be on Monday 4th April at 1.30pm in our U3A room.
​
Margaret Jenkins
   

Share Market corrections, falls and 'worthwhile advice'

26/2/2022

 
At the February meeting of Investment we welcomed 16 members who included two new members and two returning members.

We looked at the January 2022 , and a related article by Shane Oliver about Share Market Falls. On the same theme we mentioned five shares which were regarded by Roger Montgomery as quality shares, his view being that quality shares fall less and recover first in a share market downturn such as we have just experienced.  

After our tea break, we had a good discussion regarding what papers or articles each of us follow and read. This probably gave our newer members an insight into what other members consider to be worthwhile advice.

​The next meeting of Investment will be on Monday 7th March 2022 at 1.30pm in our U3A room. 
​
Margaret Jenkins 

'and the winners are ... Les Rodgers, Malcolm Sanders... and Les Rodgers!'

9/12/2021

 
At the December Meeting of Investment held in our U3A room, winners of the two small competitions that we have held throughout the year were announced.

Les Rodgers won the Monthly Selection competition whilst Malcolm Sanders won the Long Term selection.  Both winners were awarded the usual jar of jam.

During the latter part of 2021 Malcolm Sanders had asked members of Investment to suggest a portfolio worth $300,000 for a new retiree. The idea was that we ran with these portfolios for four months, and then saw which portfolio made the biggest increase. We had five people who participated and the winner was Les Rodgers who gained another jar of jam and a loaf of bread to go with it. Thank you Malcolm for running this competition.

During the first part of the afternoon Malcolm showed us an aspect of his share dealing, and also accessed two videos for us to watch.

After afternoon tea we looked at nine shares to watch. These different companies came from the Materials, Information Technology and Health Care sectors and all had interesting aspects which made them worthwhile putting on a watch list for a couple of months.

As this is our last report for 2021, may I take this opportunity to wish you all a Happy Christmas. Hope to see you all again in 2022.
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Margaret Jenkins

Countries & companies targeting net zero emissions pre 2050

26/11/2021

 
It was so good to have the November meeting of Investment in the U3A room and to see everyone again. We welcomed a new member Tony Bayfield to our group, and hope he enjoys and participates in our discussions.

We looked at an article “Road Bumps and Opportunities on the Way to a Cleaner Future” by John Cowling which covered seventy three countries including Australia which have targeted net zero emissions before 2050. In the article the last point listed was key minerals required to achieve this target which included lithium, nickel and rare earths.

The second article we looked at was “Four Key Materials for Batteries – and Nine companies that will benefit”. We studied the nine companies listed including what materials they were exploring for and where, the current price of shares in the company, and the yield the company was returning to shareholders.

The final meeting of Investment for 2021 will be held on Monday 6th December 2021 at 1.30pm in the U3A room at the Seniors Centre.
​

Margaret Jenkins  

'We have had to be adaptable', using Zoom & a new time slot

26/10/2021

 
The October meeting of Investment was held On Line due to COVID restrictions. This year we have had to be adaptable with using Zoom at very little notice.

We looked at three demographic themes which could shape investments for the future. These were an ageing population, population growth and a growing middle class. One aspect of the discussion was that Australia had the 13th largest economy in the world, but with just over 25 million people it was comparatively rich on a per capita basis. We also noted that the COVID pandemic has seen substantial population movement from the cities to regional areas.

We also noted that CommSec had produced a list of 22 income producing stocks, all with returns of 3.6% or above. The majority of the charts of these stocks were going sideways and included some banks, shopping centres and some industrial stocks.

Due to the fact that the numbers allowed in the Senior’s Centre are currently capped at 30, and the Senior Citizens are playing bowls on a Friday afternoon, we have changed our meeting time to 1.30pm on the first Monday of the month. So we are looking forward to seeing you all on Monday 1 November 2021 at 1.30pm.
​
Margaret Jenkins

September's Zoom Meeting - Australian Equities, 'Buy Backs' and franked income stock ideas

25/9/2021

 
​The September meeting of Investment was held by Zoom. We welcomed 10 participants including Pat Richardson from Wangaratta who is conducting a group similar to our group through U3A Wangaratta.
Australian equities marked the end of the current Reporting Season in August with an eleven month run of gains, the longest streak in 78 years. We noted the increased dividends paid by a number of companies, including the large miners which had profited from a high iron ore price for an extended period. We noted that the Iron Ore price had decreased considerably in the last month.

We discussed the fact that large amounts of cash were available for shareholders through the Buy Backs offered by both Commonwealth Bank and Woolworths. Wesfarmers were also having a return of capital to shareholders.

We looked at 10 franked income stock ideas for Australian Investors discussed in a special report by Morningstar. These were projected returns for 2021/2022 and needed to be assessed against current charts for each stock.
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​The next meeting of Investment will be by Zoom on Friday 1st October 2021 at 2pm. The reason for this is that the Senior Citizens are playing bowls on Tuesday, Friday and Saturday afternoons, and there is a limit of 20 people in the whole building at any time. An invitation to the Zoom meeting will be sent out nearer the time.
​
Margaret Jenkins

August - "Examining changes in long term selections on Zoom"

27/8/2021

 
Due to lockdown the August meeting of Investment was by Zoom with nine of us on line.

Having found last month that the All Ordinaries increased by 24% last financial year, we examined changes in our long term selections over the same period. We also looked at an extended range of stocks spread over various sectors and ASX Indexes with the aim to understand which stocks had outperformed the overall market. Many of these stocks examined were popular shares which many of our members possibly held.

Both LICs (Listed Investment Companies) and ETFs (Exchange Traded Funds) have an increasing presence in the Australian Stock Market. We looked at the similarities and differences between LICs and ETFs in respect of pay outs and tax obligations.

The next meeting of Investment will be on Friday 3rd September 2021 at 2pm. An Email will be sent nearer to the date to indicate whether it will be in our U3A room or by Zoom.
​
Margaret Jenkins

A busy and interesting 'face to face' session in July

27/7/2021

 
We were pleased that our July meeting of Investment was face to face in our U3A room and to see John Archer back with us. Malcolm Sanders gave us an update on the retiree with $300,000 to invest and how the two portfolios we had seen at the previous meeting were increasing. 

We discussed the fact that the ASX 200 had risen by 24% during the 2020-2021 financial year which had just ended. This is apparently the biggest rise on record for that index. We looked at the various indices and sectors and how they had fared during the financial year.   We noted that the biggest increases were by the ASX All Technology index which increased by 39%, whilst the Consumer Discretionary Sector had increased by 42%.

We also looked at some distinctly upwardly trending shares, including which sector they belonged to and what their dividend yield and franking was.

To complete the afternoon we discussed an article on “Finding sustainable dividend stocks on the ASX”.

The next meeting of Investment will be on Friday 6th August 2021 at 2pm in the U3A room at the Seniors Centre.

​
Margaret Jenkins

June - 'How to invest $300,000 for someone who is retiring?'

26/6/2021

 
Due to the COVID lockdown, our June Investment meeting was held via Zoom. It was good that eight members were able to meet up, and we had a great discussion.

John Hanlon had suggested the topic of the month which was how to invest $300,000 for someone who was just retiring. We had four scenarios presented by different members who had obviously put a lot of thought into their suggestions.

We enjoyed the comments which followed about the suitability or otherwise of certain selected shares. Some of the scenarios even took into account that our theoretical retiree may not have much investment capability. So, a lot of possibilities were covered. Thank you to Malcolm, Bill, John and Les for sharing your investment plans with the rest of the group.
  
The next meeting of Investment will be in our U3A room on Friday 2nd July 2021 at 2pm.
​
Margaret Jenkins  

June 4 meeting will be on Zoom if the lockdown is extended...

28/5/2021

 
At the May meeting of Investment we looked at the Australian Shareholders’ Association 10 top stocks for 2021 as compiled by Martin Roth. We studied a number of parameters associated with these stocks including their chart for the past 12 months, the market capitalisation, PE ratio and debt to equity ratio. The group decided to revisit these stocks later in the year to see if the predictions of good growth had materialised.

In the second part of the session we looked at various reasons for selling shares. This was prompted by an article which said that institutional investors often didn’t take as much care in selling stocks as they did in buying them.

One of our members John Hanlon has suggested a great topic for our June meeting. He is interested in how members would advise a person about to leave the workforce with $300,000 to invest for their retirement. To date one member has sent a very detailed strategy, and I am sure there will be more.

The next meeting of Investment is currently scheduled for Friday 4th June 2021 at 2pm in the U3A Room at the Senior’s Centre.  This will be replaced by a Zoom session if the current lockdown is extended.  Class members will be notified of a change by email.  

Margaret Jenkins

Our next meeting will be on Friday, 7th May at 2pm

28/4/2021

 
We did not have an April meeting of Investment due to Good Friday falling this year on the first Friday of April.

However, the next meeting of Investment will be on Friday 7th May 2021 at 2pm in the U3A room.
​
Margaret Jenkins

Our first face to face meeting for 12 months!

30/3/2021

 
Members of Investment enjoyed the first face to face meeting of Investment in March 2021 for 12 months.
 
We noted that the Materials and Financial sectors had shown the strongest growth in the past month, whereas the Information Technology and Materials sectors had shown the greatest growth over the past year.  We discussed how this growth was contributed to by some shares in each sector and not others.
 
In view of the record low interest rates, we discussed whether Property or Shares was the more appealing investment at the moment. We looked at the potential for growth, income provided from both, maintenance and transaction costs and the advantages of investing in both Property and the Share market. Members also talked about the risk of an investment in both Property and the Share market.
 
We have started our Monthly and Long-Term Selections for 2021 with some interesting stock selections. No doubt we will enjoy following what has been selected.
 
Unfortunately, we are not having an April meeting due to Good Friday being on the first Friday in April.
 
The next meeting of Investment will be on Friday 7th May at 2pm in the U3A room at the Senior’s Centre.
 
Margaret Jenkins 
​

We begin monitoring the share market in our room again, this Friday 5 March at 2 pm.

3/3/2021

 
The share market has started 2021 with a slight increase in the All Ordinaries since the beginning of January, some stocks in the Information Technology and Material Sectors being the main contributors  to this rise.  
  
The next meeting of Investment will be on Friday 5th March 2021 at 2pm in the U3A room at the Seniors Centre.
​
Margaret Jenkins

Our first meeting for 2021 - Zoom - Friday 5 February, 2 - 3 pm

5/2/2021

 
Due to internal alterations at the Seniors Centre, the first meeting of Investment will be held on Friday 5th. February 2021 at 2pm by Zoom.  An invitation to this meeting will be Emailed on Thursday 4th February to all those who have enrolled for Investment. 

Most of the participants in Investment in 2020 have sent in their re-enrolment form. However, there are a small number who have not forwarded their form as yet.

We anticipate that our March meeting of Investment on Friday 5th March at 2pm will be a face to face meeting in our U3A room.
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Margaret Jenkins 5762 6944

Winners!  Bill  (Long Term Selection), Les (Monthly Selection)

15/1/2021

 
Our last Investment meeting for 2020 was held using Zoom on the 4th December 2020.

​During the year we have kept our Monthly Selections and Long Term Selections going, with some members of Investment who are not involved with Zoom opting to keep their selections going too throughout the year.
​
At the December meeting we congratulated Bill Parris on winning the Long Term selection for 2020. Bill chose FMG and due to the rocketing iron ore price, FMG has had a great run this year.

Congratulations also to Les Rodgers for winning the Monthly selection. This is probably the harder competition to win as one has to be agile and watch market movements. Les’s choice of AVA for October and November saw him come from 6th spot in November to winning in December.   Well done Les.

During the meeting we noted that Market Index has a re vamped website, with lots of market relevant information on their front page.

We discussed that the Energy and Financial Sectors had made the greatest gains during November and looked at some of the movers in both the Large cap and Medium cap stocks in these sectors.

Like all the other U3A Benalla groups we look forward to getting back to face to face meetings in the New Year.

Best wishes to all members of Investment for 2021.

Margaret Jenkins

November - promising stocks, the market trading range and the outcome of the American elections for the American market

2/12/2020

 
At our first meeting in November we looked at Stocks which showed a promising chart during 2020 compared to the four big Banks and Telstra. Most of these companies had shown considerable upside during 2020, with several also showing a healthy dividend yield.

At our second meeting we noted that the market had broken out of the tight trading range that had been the pattern since June 2020 with a 3.5% surge in one week in November.  The outcome of the American elections indicated a Democrat President and a Republican Senate which some commentators deemed to be the most favourable outcome for the American market, and possibly our market also.

Our final meeting for 2020 will be held on Friday 4th December 2020 at 2pm by Zoom.

May I take this opportunity to thank you all for your participation in Investment during 2020 and to wish you a Happy Christmas and a distinctly different and more sociable 2021.
​
Margaret Jenkins

Two most beneficial and enjoyable meetings in October

2/11/2020

 
During October we had two enjoyable Investment meetings using Zoom. The benefits of a group such as ours is that the less experienced can ask questions about aspects they need help with, while the more experienced can discuss financial aspects which are necessary to conform to various legal requirements but can be irritating in their implementation. We have seen both these aspects demonstrated in the last month, and both make our meetings more beneficial and enjoyable.

In our second meeting we discussed a group of 16 shares which had made new highs this month, and which may provide inspiration for the investor. We also looked at a very popular stock during the last month which had incredible gains, but also posed large risk.

Using Email to distribute information before our meetings allows members to raise relevant questions when we meet. Our group has certainly maintained our interest in the share market during 2020 by using Zoom. However, we appreciate that Zoom does not suit all our members, and we look forward to resuming face to face meetings when we are allowed back into the Seniors Complex.

Our next Investment meeting using Zoom will be on Friday 6th November 2020 at 2pm
​
Margaret Jenkins

"Our Zoom Investment meetings continue..."

30/9/2020

 
The weather may be warming up but the Seniors Complex remains closed and our Zoom Investment meetings continue. 2020 has certainly been a unique year coping with COVID’s first and second waves, and we sincerely hope that 2021 is quite different.

Whilst there has been a period in the first half of September where the Australian market retreated slightly, economic reality and the market have yet to come together. Government support through the shutdown period has benefited many companies, and in our first Zoom session for the month we looked at those companies which had benefited from the support payments.

In both sessions we saw examples of companies which are trading well and which show promise for investors.

During the latter part of September we learnt that one of Benalla U3A’s long standing members, Graham Mitchell, has moved into care nearer his son who lives in Geelong. Graham started the original Investment Group over fifteen years ago, and it was only due to his ill health that it closed five years ago. Since then Graham has come to our meetings and has always shown interest in whatever was discussed.  We wish him well in his new environment.

Our next Zoom Investment meeting will be on Friday 2nd October 2020 at 2pm.
​
Margaret Jenkins

August - Gold Shares, ETF's and the Reporting Season

1/9/2020

 
We had two enjoyable Zoom Investment meetings during August.

At our first meeting we looked at some Gold shares and ETF’s as the gold price had recently been at an all- time high due to International tensions. We also commented on the fact that at one stage during this period the top five traded shares on CommSec had all been pay later companies, which was a different picture for the market than previously. 

August is the Reporting Season and in our second session we looked at the results reported by several companies. The trend in several of these was to pay a decreased dividend. However, in other cases very good results had been tabled which were encouraging for shareholders.

These Zoom meetings provide an opportunity for all participants to exchange information, which is an excellent outcome.

The next Zoom Investment meeting will be on Friday 4th September at 2pm. An invitation will be sent out the previous day.
​
Margaret Jenkins

July - An interesting presentation by Malcolm Sanders, 'end of year ASX segments' and 'Midcap shares'

1/8/2020

 
During July we had two Zoom Investment meetings with about nine members attending both.
In the first meeting Malcolm Sanders shared with us information about how he runs his share portfolio, and his share activity philosophy. It was an interesting presentation which gave us all a lot to think about. Thank you Malcolm.

We also looked at the end of financial year ASX segments and how they had performed. The all ordinaries and the ASX 200 showed falls for the financial year 2019-2020 of 12% and 13% respectively. However, the Midcap shares fell by only 5% during this period.

In the second Zoom meeting we looked at the Midcap shares in more depth. We found that about one third of the Midcap shares showed above average returns, whilst six of them were very encouraging.

Our next Zoom Investment meeting will be at 2pm on Friday 7th August 2020. You will get an invitation the day before.
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Margaret Jenkins

'We held two Zoom Investment meetings in June'

29/6/2020

 
​During June we have had two Zoom Investment meetings with eight members attending each meeting.  We have been able to use the Screen Share facility of Zoom and show our members CommSec as part of the meeting. This makes the Zoom meeting much more like our previous face to face meetings and seemed to be appreciated by everyone.
In the second session we looked at the use of conditional trading, and discussed the benefits and downside of using it as a tool in share trading. We also mentioned that the end of the financial year was approaching, and that this was a suitable time to assess any capital gains. 

We mentioned the volatility index which this year showed a large spike in March and a smaller more recent spike in June. These spikes are as a result of the economic disruption caused by the COVID pandemic. It will be interesting to see if the volatility index settles back to a more normal pattern later this year.

The next Zoom Investment meeting will be on Friday 3rd July 2020 at 2pm. An invitation to the meeting will be sent out the previous day. 
 
Margaret Jenkins

May's 'Zoom' meetings - sharing of our monthly investment grids, presentations by Brian and Les, and more!

1/6/2020

 
During the month of May we have had two Zoom Investment meetings with eight members attending both sessions. We also shared our monthly investment grids with two other members by Email.  If any other Investment member would like to join the Zoom meeting or receive the grid each month, please send me an Email.

During the first Zoom Investment meeting Brian Greed gave us an interesting talk on Property Investment. We followed this with some discussion on the conditions that had been implemented by the Government during the present financial situation to alleviate hardship.

Before the second Zoom meeting I circulated a Power Point presentation which Les Rodgers had prepared on Bonds. During the meeting Les explained the various slides as Bonds can be a tricky subject to those not familiar with it.

My thanks to both Brian and Les for their presentations which we all enjoyed and both of which contained a great deal of useful information.  Zoom meetings are almost like a real meeting in as much as you see all the participants (unless they want to be incognito) and can judge their reactions throughout the meeting.

Investment is going to have their next Zoom meeting on Friday 5th June at 2pm. An invitation to the meeting with a link to connect to it will be sent out on Thursday 4th June 2020. See you there!
​
Margaret Jenkins

Zoom meetings, the continuation of monthly selections & our next topic 'Investment Properties in the COVID-19 environment'

6/5/2020

 
There have been a number of positive responses to having a Zoom meeting for Investment on Friday 1st May 2020 at 2pm. For those who wish to attend you will get an invitation on Thursday 30th April. Each person attending needs to download the free Zoom app onto their device, so that they can attend the Zoom meeting which normally lasts for up to 40 minutes.

YouTube videos can help you understand Zoom.  ‘How to Use Zoom’  will help you to help set up Zoom and enter Zoom meetings while ‘Zoom Basics – Using Zoom to set up Classes and Meetings’ takes you carefully through the process of setting up a Zoom meeting.

During the past week I have been asked if our monthly selections could continue. This would mean that the grid is sent out to you all on the Thursday before our meeting. The grid will be closed at close of trading on Wednesday 29th April.

One of our members has suggested the topic “Investment Properties in the COVID-19 environment” for our meeting on Friday 1st May. It would be good to hear the strategies members or their agents have used when dealing with tenants during this unusual time. 
​
Hope you are all well and looking after yourselves.

Margaret Jenkins

March - The financial implications of COVID-19 and more...

2/4/2020

 
At the March meeting of Investment we discussed the financial implications of COVID 19 to date, and how it could have a bigger impact on Australia than other countries because of our trade, international students and tourists from China. We noted that for the final week of February the all ordinaries was down 10.3% for the week as compared to the US market being down 12% for the same period. 

We spoke about how the impact of COVID 19 had to an extent overshadowed the February 2020 Reporting Season.  We looked at the charts of about 20 varied stocks and how their Net Profit after Tax and dividend to shareholders had impacted those charts.
 
We also discussed a new ASX All Technology Index and how it seemed to be a combination of two current indexes, namely the Information Technology Index and Consumer Services Index. We looked at their Top 10 Constituent stocks and found that they all fell into the large and medium cap stocks of the Information Technology Index and the Consumer Services Index.

Finally we mentioned the share purchase plan available from Bendigo and Adelaide Bank which had had a successful Institutional Placement of $250M, and was now offering $50M of new shares to retail investors. This offer closed on 13 March, and as the market fell substantially to this closing date, retail investors paid considerably less than the $9.34 that Institutional investors had paid for each Bendigo share.

From 21 March 2020 U3A Benalla meetings have been suspended due to COVID-19 until the second semester.

You will all receive Email notification when we are allowed to recommence meetings.
​
Margaret Jenkins
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    About the Investment Group 

    This group of U3A members participate in discussion about the share market and other investment areas.
    There is no investment advice given by the Convenor or any participating member.

    Convenor and Contact Details

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    Margaret Jenkins 5762 6944

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