Month: January 2019

The post below is from the 11th of December. A review of the real-time charts will show TWE, SEK & ALL finding support at our forecast range.

All three names are now trading higher.

This week, TWE reiterated its forecast for 25% EBIT growth in FY19. This is in-line with market consensus and is positive for the share price.  TWE is up 5% today on the back of the announcement.

We recommend running a buy write strategy with TWE.

Below post is from 11th Dec

TWE, ALL and SEK are current holdings in the ASX 100 model portfolio.

The graphs below show the current price action finding support at the top of the forecast consolidation channel.

TWE – Buy at $14

ALL – Buy at $21.80

SEK – Buy at $16.50

The post below is from December last year and we’re now seeing buying interest pick up in the oversold building names. James Hardie is leading the recovery in percentage terms and remains our preferred exposure.  Please check your charts for a real-time update.

James Hardie is under Algo Engine buy conditions and is our preferred consideration for the sector.

Building stocks have been sold off following this year’s rate increases in the US and weaker construction data both in the US and Australia. There is no doubt that weaker earnings trends are due, however, the question is… how much bad news is priced in?

James Hardie is finding buying support at $15.00

Boral has now sold off by 45% following the $8.20 high created in February.

The blog post below is from the 10th December and a check of the QBE chart today shows the price has bounced from the $10 support and is now trading at $10.55. We recommend selling covered call options or locking in the gains.

QBE is under Algo Engine buy conditions and we see value emerging near the $10 support level.

QBE chart from the 10th Dec.

QBE chart from today.

The post below is from the 15th of December and a check of the charts will show IPL now trading at $3.55. After buying IPL at $3.30, we feel today’s price level is an opportunity to take profit or sell covered call options.

IPL is under Algo Engine buy conditions and we see value emerging in the sub $3.50 price range.

IPL chart is from the 15th December.

IPL chart above is from today.

2018 Sector Performance of the ASX 200

TWE is a current holding in the ASX 100 model portfolio.

We recommend selling covered call options over TWE to enhance the income. $15 Feb call options are generating an additional $0.60 income per share.

TWE goes ex div $0.15 on the 7th of March.

The post below is from the 14th of December. BXB has since rallied from $10.00 to $10.42.

BXB will provide further detail in the coming weeks on the pending spin-off of their plastic pallet pooling business into a separate listed entity.

Our Algo Engine generated a buy signal in BXB following the recent higher low formation at $10.00.

We see scope for BXB to consolidate within the $10 – $11 price range. Adding  a covered call option will help enhance the cash flow return.

BXB goes ex-div $0.145 on the 7th March.  $10.51 March Euro call option adds an additional $0.25 per share.