/Portfolio

Wesfarmers Coles demerger

The Wesfarmers Coles demerger is certainly worth discussing, particularly considering the size of the Coles Listing coming within the top 30  ASX companies. Some items of interest/concern – The Coles Board expects to have a dividend payout ratio of 80 to 90 per cent. The New listing will be carrying a debt facility of $4 billion. What is going to be the future direction of Wesfarmers post demerger. In a year or two will Wesfarmers get Coles to buy Kmart and Target from them The continuing impact of on-line shopping on bricks and mortar retail outlets What is the real reason for the demerger as I find some of the verbiage by Wesfarmers a  little contradictory – ie: “Demerging Coles shifts our investment weighting and focus to businesses with higher growth prospects” whilst in the next paragraph they say “Coles is well positioned to grow as a defensive business with strong investment characteristics” Additional issues to keep in mind with such a large new listing coming to the market is that Investment Funds managers have to re [...]

By |2018-10-15T07:52:08+00:00October 14th, 2018|PIG, Portfolio|0 Comments

What to do about franking credits

Marcus Today 30th August, 2018 In March this year Bill Shorten pledged that should Labor win the upcoming election they will axe cash refunds for excess imputation credits paid to individuals and in superannuation funds. This would reverse the cash refund of imputation credits introduced by John Howard two decades ago. It would also be introduced with no grandfathering or transition arrangements. Malcolm Turnbull rejected it as a “cash grab”. The removal of Malcolm Turnbull means the Liberals can renege on that position and even adopt the changes should they feel it politically expedient. Read the complete article here:

By |2018-10-31T06:25:20+00:00September 6th, 2018|PIG, Portfolio|0 Comments

ASX Lithium stocks: Should you invest in these companies?

It is no secret that Australia’s Lithium stocks have staged a spectacular run of late. The share prices of miners such as General Mining Corp (GMM:ASX), Pilbara Minerals (PLS:ASX) and Neometals Limited (NMT:ASX) skyrocketing several hundred percent. https://www.australianstockreport.com.au/asx-lithium?campaignid=819500343&adgroupid=44644641800&gclid=EAIaIQobChMIhs6hy42l3AIVRUgBCh0-2Q3wEAEYASAAEgLvU_D_BwE

By |2018-08-28T21:12:12+00:00July 17th, 2018|PIG, Portfolio|0 Comments