Sifting through rubble to find value in resources
There is no doubt that we are deep into a protracted down cycle for commodity markets. Dynamics in markets such as iron ore and oil still look challenged, causing havoc in the share prices of the major players in this space. In this thematic panel discussion we sift through the various commodity markets to see if there are opportunities on the horizon. Don Williams from Platypus Asset Management highlights some base metal markets that are providing some opportunity and Chris Stott from Wilson Asset Management says companies trading below cash backing are starting to catch his attention. The message is that while the end may not yet be in sight, it may be time to start dusting off your resources folder.
Buy Hold Sell is a weekly video series exclusive to Livewire. In each episode two fund managers give their views 'Buy, Hold or Sell' on five ASX listed companies. Not recommendations, please read the disclaimer and seek advice where appropriate.