AFF Member Stock Discussion

RooFlyer

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Nov 12, 2012
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FMG now at a 12 month low. Paying over 20% fuly franked dividend. Time to buy in for me.
Dividend paid from past earnings with iron ore prices at record highs. Current price based on expectation of future earnings, based on collapse of iron ore prices ( and thoughts on prospects of China construction).

What are the yield forecasts?
 

tgh

Established Member
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Apr 23, 2006
Posts
3,567
I might even dust off the cheque book and have a look in the morning…but I agree that "silly" yield % usually point to looming issues


Screen Shot 2021-11-02 at 6.21.29 pm.png
 

cove

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Feb 15, 2008
Posts
14,727
Ok we took the monkey off their backs by selling Novonix and Eclipx. Still have many ECX shares and no need to sell.
 
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Dr Ralph

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Jan 21, 2014
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Cromwell has been in a nice pattern for me to make some easy money. Hits $0.805 then a few days later hits $0.825. The a few days later $0.805 again. I've been in and out about 5 times over recent weeks following this same pattern. I realise it wont keep doing this, so when I 'get the timing wrong' I'm happy to hold this stock long term for the excellent dividend.
$0.805 yesterday for Cromwell. $0.855 today. Easy money. Although looks like the pattern may be over.
 

MooTime

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$0.805 yesterday for Cromwell. $0.855 today. Easy money. Although looks like the pattern may be over.
nice buy & sell.

I looked, I did some brief geriatric research & didn't appeal.

Sold my NAN, took the ~10% profit & let's see what else is a short term grab!
 

cove

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Tonight we are sad that CMW has broken out of that trading range. That said we have many so we are not too sad.
We only traded them a couple of times to lower our net entry price.
 

cove

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Feb 15, 2008
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With interest rates starting to stir we are not looking at buying either CBA nor WBC.
CBA price is for perfection and WBC is priced for failure to convince the market that they are back on track. At some stage WBC may get it right but that isn’t in 2021.
We are a WBC customer and they have been missing business.
 

TheRealTMA

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Jul 13, 2012
Posts
7,513
Qantas
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To those of us who own Sydney Airport it looks like there’s movement afoot - and I don’t mean the planes flying again

Sydney Airport lands $32b takeover deal​

By Patrick Hatch​

Sydney Airport has agreed to a $32 billion takeover bid by a consortium led by the superannuation fund-backed IFM Investors.

 
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