fairmont equities

An emerging opportunity with GWA

Michael Gable
Michael Gable Fairmont Equities

Shares in GWA Group (ASX:GWA) have pulled back during the last few months and seem to be finding support after their recent AGM. Are we seeing a buying opportunity emerge? Show More

fairmont equities technical analysis ASX:GWA

The 4 questions that TechnologyOne needs to answer

Michael Gable
Michael Gable Fairmont Equities

TechnologyOne (ASX: TNE) trades on a high multiple, recently downgraded earnings, and the share price has been trending lower for the last year. Their full-year results are coming up on 21 November so what does the future hold, and what are the 4 main issues that the Company needs to... Show More

fairmont equities ASX:TNE

The challenges and opportunities for Pact Group

Michael Gable
Michael Gable Fairmont Equities

Pact Group Holdings (PGH) is a provider of consumer and industrial packaging solutions in Australasia and Asia. The Company operates across seven countries and is the largest supplier of rigid plastics packaging in Australia and NZ, with an estimated 40% market share. PGH specialises in the manufacture and supply of:... Show More

fairmont equities ASX:PGH

An update on the chart for BHP

Michael Gable
Michael Gable Fairmont Equities

Brokers are once again bullish on BHP, despite the shares underperforming the market during the last couple of weeks. Twelve-month targets average near the $30 mark, suggesting some decent upside from here. However, do we need to be worried about BHP’s recent underperformance? What do the charts say about BHP?... Show More

fairmont equities ASX:BHP

Determining an investment opportunity with Mirvac

Michael Gable
Michael Gable Fairmont Equities

After reporting well in August, Mirvac (MGR) is now trading near multi-year highs. Do the fundamentals stack up at these pricing levels, and what are the charts suggesting for an entry level? Show More

fairmont equities ASX:MGR

Get ready to buy the dip in Santos

Michael Gable
Michael Gable Fairmont Equities

Sentiment towards Santos has improved a great deal recently. The company has reduced costs and the price of oil seems to have stabilised for now. The interim update in August even managed to beat expectations. Show More

fairmont equities ASX:STO

A beginner’s guide to writing covered calls

Michael Gable
Michael Gable Fairmont Equities

The market is range-bound, and many shares just don't seem to be going anywhere. One strategy that we are now getting many questions on is that of covered call writing. This strategy is not for everyone, but many investors are finding it helpful in the current environment. Here is a... Show More

fairmont equities Exchange Traded Options

Xero is about to rally even higher

Michael Gable
Michael Gable Fairmont Equities

Xero (XRO) is a chart that we have followed a few times this year and the stock continues to climb. Price action is once again indicating that there from current levels, we should expect even more upside for Xero. Show More

fairmont equities ASX:XRO

Transurban chart to take the scenic route

Michael Gable
Michael Gable Fairmont Equities

There’s a lot to like about Transurban (TCL), but not the way that has traded in the last few days. This begs the question that, despite all the pundits loving it, do we buy it at $12, or can we get it closer to $10? Imagine that, grabbing TCL when... Show More

fairmont equities ASX:TCL

At what level does Harvey Norman become a buy?

Michael Gable
Michael Gable Fairmont Equities

Retail stock prices have made some large moves during the last few months. We traded the recent bounce in JB Hi-Fi but have since moved on. Harvey Norman (HVN) is the other large retailer that attracts plenty of interest amongst investors. At the end of August, HVN announced their full... Show More

fairmont equities ASX:HVN

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Qantas to lower the landing gear?

Michael Gable
Michael Gable Fairmont Equities

It can be tough to invest in an airline. Australian airlines have to fight competition from overseas airlines (which are often owned by governments with deep pockets), fluctuating fuel prices and currencies, workers unions, and changing consumer demand. However, recent cost cutting and more attractive fuel prices, amongst other things,... Show More

fairmont equities ASX:QAN

Macquarie Group shares to slide further

Michael Gable
Michael Gable Fairmont Equities

After peaking in early May on the day of their results, Macquarie Group (MQG) was then heavily sold down (circled on the weekly chart). This suggests that the all the upside was factored in and that the stock was too expensive. Since then, it has been struggling and we can... Show More

fairmont equities ASX:MQG

How the IAG chart gave us clues to avoid it

Michael Gable
Michael Gable Fairmont Equities

IAG reported today and the share price tumbled. At one stage it was down 10%. In our weekly research that we send to clients, we warned a week earlier that there was something wrong with the IAG chart. The chart was giving us clues that the market did not like... Show More

fairmont equities ASX:IAG

Our next selling opportunity

Michael Gable
Michael Gable Fairmont Equities

We had a story here a month ago in Livewire about Suncorp. The article was titled “Is Suncorp about to be a great shorting opportunity?”. At time of writing, the stock is down over 8% since then and today’s sell-off suggests that there is further to fall. We have recently... Show More

fairmont equities ASX:NAB

Too late to buy FMG? Not according to the chart

Michael Gable
Michael Gable Fairmont Equities

The last several weeks has seen Fortescue (FMG) bounce strongly from nearly $4.50 to over $5.80. Some analysts are getting nervous with the iron ore price up here, but is there even more upside for FMG? Show More

fairmont equities ASX:FMG

A brief analysis of Nufarm as an opportunity

Michael Gable
Michael Gable Fairmont Equities

After falling significantly in the last two months, we take a technical and fundamental look at Nufarm (NUF) and determine whether we now have an opportunity to buy the stock. Show More

fairmont equities ASX:NUF

The chart for Fisher & Paykel explained in 200 words

Michael Gable
Michael Gable Fairmont Equities

The shares have had a great run over the last few years but we can see some danger signs up here. Firstly, since peaking in June, Fisher and Paykel Healthcare (FPH) has been sold down fairly quickly (circled). The volume has also been fairly large on the way down. This... Show More

fairmont equities ASX:FPH

Is Suncorp about to be a great shorting opportunity?

Michael Gable
Michael Gable Fairmont Equities

We bought the banks a few weeks ago and believe that they can head higher. But that view doesn’t extend to Suncorp (SUN). It is currently trading near $15, and the rally in June has been explosive. However that could be as good as it gets. Based on the way... Show More

fairmont equities ASX:SUN

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Our latest trading tip - Bluescope Steel

Michael Gable
Michael Gable Fairmont Equities

We have another great trading idea for Livewire readers. Looking back at the last 10 stocks that we have covered here, 9 have done what we predicted, with only one stock doing the opposite*. Hot on the heels of this, we present another trading idea. This time we are trading... Show More

fairmont equities ASX:BSL

Woodside about to trigger a BUY on the chart

Michael Gable
Michael Gable Fairmont Equities

Back in August last year we published an article in the Australian Financial Review with our views on the chart for Woodside (WPL) and how it was shaping up as a trade. We noted at the time that WPL was looking positive again and that it should head up towards... Show More