Ann: Autodesk, Inc. Acquisition Proposal (Rejected), page-115

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grumpy771

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09/06/21

16:23

Post #: 53746835
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Originally posted by ThereAbouts: ↑

It's funny, only a few weeks ago all the talk was about the move in to banks and mining and tech getting left behind, today the AFR is telling us the move is in to tech lol:

"Neglected tech stocks make their mark
The bullish charge by value stocks which has driven the Australian sharemarket to records is being fuelled by an exaggerated inflation narrative that has left the tech sector undervalued, some fund managers say. Investors have flooded into the major banks and resources this year on the back of record commodity prices and upbeat economic activity, supported by a returning inflationary pulse.
Indications of a comeback
The big four banks, which make up a substantial part of the index, already have enjoyed an average gain of more than 28 per cent this year, and that’s before dividends. Meanwhile, the S&P/ASX 200 Information Technology Index is down 9.7 per cent year to date.
The last six months has seen the local IT stocks correct fairly hard while the banks and resources have maintained their bullish advance,” he said. “This performance elastic band has now stretched far enough and it’s time for some significant catch-up."

Oh yeah, health/med stocks are also flavour of the month again.

Guess the principal is have a diverse range of quality stocks in all sectors, plus a few "money you can afford to lose" specs just for a bit of fun.

GLTAH, don't think the Altium T/O saga is finished yet.

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That's the way commentary goes.

Most commentators are quite good on reporting what has happened after the fact. Very few are any good at predicting when something will change. If they do happen to get a prediction right, they take credit - but if they get a predictions wrong, only a few of them mention it.

ALU Price at posting: $34.30 Sentiment: Hold Disclosure: Held
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Ann: Autodesk, Inc. Acquisition Proposal (Rejected), page-115

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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