Australian (ASX) Stock Market Forum

Buying the Dip on ASX

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divs4ever said:
guilty , as charged !

added extra GPT , CMW and EAI today

my BHP , APE and MIN divs successfully parked
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GPT price is looking good. The word I'm getting is that investors that have been pulling out of the share market these past few months are now gearing up for the property market, with expectation that SP's and the $ is going to be low for an extended period. In the last few weeks, I've seen some unusual investment grade properties selling which had been on the market for a very long time with no interest.

Will travelers stay at home with Europe in disarray and threat of nuclear weapons? Will locals stay in Australia's vast regions? Will international tourists travel to safer warm locations like Australia?

Regional accommodation could be in demand.
 
JohnDe said:
GPT price is looking good. The word I'm getting is that investors that have been pulling out of the share market these past few months are now gearing up for the property market, with expectation that SP's and the $ is going to be low for an extended period. In the last few weeks, I've seen some unusual investment grade properties selling which had been on the market for a very long time with no interest.

Will travelers stay at home with Europe in disarray and threat of nuclear weapons? Will locals stay in Australia's vast regions? Will international tourists travel to safer warm locations like Australia?

Regional accommodation could be in demand.
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Surely property will be heading south too... Interest rates don't make property with yields at 3%
 
Last couple of years has somewhat changed the face of property investment.
EG: currently all the rage is buying property which is suitable for childcare and pre-schools. (redundant squash centres, gyms etc )
Property hit by covid, but suitably zoned areas and business for where the grubberment is always willing to throw money at, and, areas that are experiencing growth, whether greenfield or brownfield expansion.
Regional accommodation has been and is still hot.
 
waterbottle said:
Surely property will be heading south too... Interest rates don't make property with yields at 3%
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There are many types of property. There is property for homeowners, property for business, offices and restaurants, properties for tourists and accommodation.

It could be a glitch, but I am seeing accommodation style properties in tourist locations move. What is the $ return on holiday accommodation?
 
I'm becoming tempted by the dips in CHC and GMG. Not knowing how low these can go I'll wait for them to start going up before buying.

Liking this dip in the uranium sector as well. I missed out on the last rally don't want to miss the next one.
 
peter2 said:
I'm becoming tempted by the dips in CHC and GMG. Not knowing how low these can go I'll wait for them to start going up before buying.
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I'm getting tempted by the US market.
Things like FEAM, SOXL and the chipmakers ( sounds like a band name...?) and Nikola MMTEC etc
And ASX BEN
I think all of them have gently been pushing new 52 week lows.
Throw Alcoa (US) and AWC (Aus) in there as well.
But like you Peter, not seeing a great need to rush into anything early, although I suspect some of these are in for a good whip saw up.
 
JohnDe said:
GPT price is looking good. The word I'm getting is that investors that have been pulling out of the share market these past few months are now gearing up for the property market, with expectation that SP's and the $ is going to be low for an extended period. In the last few weeks, I've seen some unusual investment grade properties selling which had been on the market for a very long time with no interest.

Will travelers stay at home with Europe in disarray and threat of nuclear weapons? Will locals stay in Australia's vast regions? Will international tourists travel to safer warm locations like Australia?

Regional accommodation could be in demand.
Click to expand...
Good afternoon JohnDe,
rcw1 does know that the international and national tourists have flocked back to Port Douglas, particularly past 3 - 4 so months.
Assuming same for Cairns and the Tablelands. Great news for the local economies.

Have a very nice week end. (Go the Cowboys :) )

Kind regards
rcw1
 
JohnDe said:
GPT price is looking good. The word I'm getting is that investors that have been pulling out of the share market these past few months are now gearing up for the property market, with expectation that SP's and the $ is going to be low for an extended period. In the last few weeks, I've seen some unusual investment grade properties selling which had been on the market for a very long time with no interest.

Will travelers stay at home with Europe in disarray and threat of nuclear weapons? Will locals stay in Australia's vast regions? Will international tourists travel to safer warm locations like Australia?

Regional accommodation could be in demand.
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having spent 10 weeks in Europe/UK in winter in 1990 , i reckon any tourists to Europe ( and UK ) this winter are up for a real education

( the smart ones will stay away because the luggage costs of all the extra clothes you need will be a killer , i am guessing decent winter clothing will be hard to find this year over there as well )

but will they even 'holiday' in large numbers this year , again some will reduce debt , and others buy durable goods to front-run inflation/product shortages ( maybe even upgrade the house if they own it )

the property market well that is going to be a big guess , given the chance we could slip into a depression is warehouse space ( for e-tailers ) the place to be or will local 'cloud' providers take up the space


BTW if the war goes nuclear Australia is liable to get maybe three or four Darwin's port ( with the US naval base , the military airfield , Pine Gap , and maybe Townsville military facilities )

the key will be debt obligations in an era of rising interest rates ( and other costs )

i keep missing NSR , i reckon some folks will downsize and rent a storage space

another i am stalking ( only bought one parcel so far ) is REP , and am watching DBF , but might have moved too late there

i would rather REITs ( currently ) than BNPL stocks or bonds
 
waterbottle said:
Surely property will be heading south too... Interest rates don't make property with yields at 3%
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property values ( in most cases ) absolutely , returns on investment , will probably be stretched as well , but can the smart operators reduce costs , bring forward maintenance ( etc. )

however with property you have a real ( tangible ) asset even if it is depreciating ( the buildings part ) slowly

given the headwinds coming it might be a case of the investment that loses the least , ( this is where gold comes into it's own , but sadly does not produce a steady income )
 
divs4ever said:
property values ( in most cases ) absolutely , returns on investment , will probably be stretched as well , but can the smart operators reduce costs , bring forward maintenance ( etc. )

however with property you have a real ( tangible ) asset even if it is depreciating ( the buildings part ) slowly

given the headwinds coming it might be a case of the investment that loses the least , ( this is where gold comes into it's own , but sadly does not produce a steady income )
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Most likely, if the whole economy completely crashes.

In a small coastal tourist town there’s a one bedroom apartment with balcony, kitchen, lounge and ocean view which sold for $195,000 about 6 years ago. Accommodation revenue was between $125 & $200 per day with about 60% occupancy, all depending on season. During the last year the occupancy has reached 85% and rental is between $175 & $275 per day. That apartment recently sold for $335,000. And since then there have been other apartments going on the market with increasing prices.

What’s the profit after strata fees and what ever else is required to maintain an apartment I don’t know, but I do know that there’s a steady stream of people wanting to use them, and now buy.

Property is bit like the share market, a buyer needs to research, choose wisely and make the purchase at a good time for their circumstances. A bonus is that the property will always be worth something, it won’t disappear like some companies do on the stock markets.
 
JohnDe said:
Property is bit like the share market, a buyer needs to research, choose wisely and make the purchase at a good time for their circumstances. A bonus is that the property will always be worth something, it won’t disappear like some companies do on the stock markets.
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yes i agree , but don't forget the ongoing costs of owning property ( which is less apparent if the interest is via property trusts and REITs )

that 'good time for their circumstances ' MIGHT be when interest rates are very high as you could be the only potential buyer for that property ( especially if you have most of the purchase price ready up front )

some interesting times coming , for sure
 
wayneL said:
I think I prefer the Big Dip to the Little Dip, with apologies to the astronomers amongst us.
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have been waiting for that 'big dip ' since the middle of 2013 , i thought March 2020 was going to be it bought they lobbed in that K-shaped recovery ... so far little dips have been all the opportunities i have had to try to exploit ,

maybe that was a good thing i have had some practice runs on my strategies ( and found some flaws early )

maybe that 'big dip' will be this year and maybe there will be another bail-out
 
divs4ever said:
maybe that 'big dip' will be this year and maybe there will be another bail-out
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All that matters is what's in front of you, or, It's the last card that you turn over that matters.
Probably the last profit report for a while ?
I have some suspicions about the market at the moment, which will be better for the people's overall in the long run, but for now, not.
Nobody wants to hear my conspiracy theories though, despite the fact history repeats, again and again...
Short term pain, long term gain, remember that.

Screenshot_20220924-135634.png
 
they are only theories until proven true ( or false )

i think the global economy is cooked ( an euphemism for a different word ending in ked )

but they keep on with the bailout fantasy ( 'magic monetary theory ' )

how long can they kick the can ??

a depression can last for more than 10 years ( when they have to change the definition of recession we are already in it in a bad way )

my plan is income until i don't need it any longer ( i think the coming depression will last longer than me )
 
frugal.rock said:
I have some suspicions about the market at the moment, which will be better for the people's overall in the long run, but for now, not.
Nobody wants to hear my conspiracy theories though, despite the fact history repeats, again and again...
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Actually I would be very interested in hearing your views. I'm curious to see if they match my own.

jog on
duc
 
JohnDe said:
There are many types of property. There is property for homeowners, property for business, offices and restaurants, properties for tourists and accommodation.

It could be a glitch, but I am seeing accommodation style properties in tourist locations move. What is the $ return on holiday accommodation?
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Good evening JohnDe
Re: your query: What is the $ return on holiday accommodation?

Extraordinarily high. But obviously you are heavily reliant upon the tourism industry. Therein lies risk not withstanding capital gain.

Mind set: capital gain has always swayed Rcw1 mind in bad times el la COVID19 :)

Discolsure: rcw1 has an investment interest in Port Douglas and have been in this position for 8 years.

Have a very nice Sunday.

Kind regards
rcw1
 
divs4ever said:
have been waiting for that 'big dip ' since the middle of 2013 , i thought March 2020 was going to be it bought they lobbed in that K-shaped recovery ... so far little dips have been all the opportunities i have had to try to exploit ,

maybe that was a good thing i have had some practice runs on my strategies ( and found some flaws early )

maybe that 'big dip' will be this year and maybe there will be another bail-out
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Good evening divs4ever
There has been banter aplenty about ‘big dips’ all the time. Rcw1 don’t worry ? about that … only “plays off the pitch” any condition.

Is what it is.

Have a very nice Sunday.

Kind regards
Rcw1
 
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