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Couple of snippets from an AFR article yesterday - he he, its...

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23/05/24

11:28

Post #: 73972242
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Couple of snippets from an AFR article yesterday - he he, its all good! Becos "New Bull Market"

Solaris’ investment chief Michael Bell said
"Looking at 40 growth companies in the ASX 200, the performance has been enormous over the last six months, they’ve rallied about 30 to 35 per cent as a group – yet they have had hardly any earnings changes,” he said.

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Dawn Kanelleas – equity strategies at First Sentier "We don’t have comfort around the cost structure of both Boss Energy and particularly Paladin, given its history – it makes it hard to confidently invest at this point,” she said. “[Paladin] has a $5 billion market cap and no earnings right now. Even though prices might be high, contracted prices are much lower ... we’re very wary of that mine.”

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Blake Henricks, portfolio manager at the Firetail’s Australian High Conviction Fund
"Share prices are at or near all-time highs. Of the top six most expensive banks in the world, Australia has five – including Macquarie. We don’t think these bank multiples can be justified.”

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Last edited by Load: 23/05/24

XJO Value at posting: 7,776.1
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