APA general discussion., page-74

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swaggytrader

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04/04/24

00:59

Post #: 73177723
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Originally posted by Hopeful9: ↑

I used to hold APA and sold above what I paid for it, but am not convinced that Australia's RBA-set cash rate has reached its zenith, as services inflation remains high even if goods inflation has moderated.

The Australian Bureau of Statistics recently claimed insurance had risen by 16.5 per cent in the latest quarter but everyone I know says (at least for home building insurance) rates have typically climbed 25-34 per cent when policies are renewed. 'Volatile' items are excluded from these ABS findings, yet they can be important contributors to inflation, stagnancy or deflation in a quarter.

The hydrogen situation is complex but is it going to be competitive with proven, efficient fuels such as natural gas? The significant rate of executive departures from 'Twiggy' Forrest's outfit suggests that at least for so-called 'green' hydrogen, many senior managers have seen through the hype and possibly concluded it's a pipedream.

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yes, i noticed a few articles stating that Twiggy has hit a number of snags. I think hydrogen will be a longer play, but the bigger players will be in that space. We are not going to solve the energy issue with wind and solar alone, that is a certainty. Interest rates may well stay elevated, there is still plenty of uncertainty, which is why having a good balance of assets is essential.

APA Price at posting: $8.36 Sentiment: Buy Disclosure: Held
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0 Great analysis

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