Hi Horsetrader,
Charlie is not always right, his analysis is sometimes a little top down and he is nearly always optimistic. However notwithstanding that he is, imho, the 'analyst'/research broker to pay attention to operating on the ASX. Why? Because he makes reasoned recommendations and unlike all his IB counterparts isn't forever equivicating because he backs his judgement . Resource investing, most especially at the Mid tier level and below, is all about calculated risk taking. If even 50% of ones high conviction growth picks work out then one will do very well. I think Charlie has a hit ratio above 50%. What is more is he is clearly enjoys and is engaged with the market and has a much better feel for it that your average buy side institutional analyst or quant.
And as for the FMG recommendations - you have to remember he started recommending FMG when it was at under $20 (pre split) and all the other brokers wouldn't touch it so his buy at $10 (post split) call wasn't the worst recommendation ever.
Its just a shame that he is discontinuing his under the southern cross daily email in November as it was such an engaging read and a great precis on which companies that I (as a 'part time' investor) may have overlooked are worth researching.
Getting back to the topic at hand, I'm surprised about his bullishness on the likelihood of a BHP bid. Like others I wouldn't think BHP could justify a $60 share/50b takeover. Although a smaller scale, I would see a better ROE from a bid for KAR (disclosure I'm a holder) with cheap exposure to the exciting Santos Basin. That being said, although I'm not (currently) a SH, I will be watching WPL SP closely now and am investigating cheap call options just in case. I remember the APA bid for QAN being proceeded by similar price action and rumours of a bid which I dismissed as fanciful (why would anyone pay $5 for QAN, lol).
Good luck holders! Hopefully with or without a t/o WPL will reward investors patience with Pluto.
- Forums
- ASX - By Stock
- WDS
- charlie aitken
charlie aitken, page-11
-
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$27.23 |
Change
0.590(2.21%) |
Mkt cap ! $51.84B |
Open | High | Low | Value | Volume |
$27.00 | $27.39 | $26.93 | $87.38M | 3.220M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 28599 | $32.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$24.50 | 47906 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
69 | 21585 | 27.210 |
39 | 7684 | 27.200 |
12 | 4676 | 27.190 |
10 | 4275 | 27.180 |
10 | 6762 | 27.170 |
Price($) | Vol. | No. |
---|---|---|
27.220 | 1919 | 17 |
27.230 | 40491 | 16 |
27.240 | 3694 | 9 |
27.250 | 3459 | 8 |
27.260 | 106476 | 11 |
Last trade - 15.59pm 30/08/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online