Australian (ASX) Stock Market Forum

*Good News Only Thread - Stocks & Shares*

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A good finish on Friday in the States with miners and oilers to the fore, no worries for 2008 :xyxthumbs
 
Yes a good day:D MQG has come back for me so I'm happy about that, however my stand out performance was OSH up 6% today :eek::D See my posts in the OSH thread where I have provided graphs on OSH, WPL and STO comparing them to show how well OSH has been coming back lately.

Cheers
 
Look thee to coal during 2008 as China continues to open thermal coal Power Stations at the rate of 2-a-week. Aussie ports will be at breaking point to deliver coal through out the year.
Benchmark thermal is set to hit US$100 per tonne.
 
Interest rates are high in Australia and that goes for those borrowing and investing. Investors will have great opportunities to make good returns on fixed interest securities - lock thou self in.
 
noirua said:
Interest rates are high in Australia and that goes for those borrowing and investing. Investors will have great opportunities to make good returns on fixed interest securities - lock thou self in.
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Totally agree with you there. The 2 latest offerings BOQPC and GMPPA are both paying 2% above the 90 Bank Bill, that's a cool 9% income.:xyxthumbs
 
Sustainable energy and water related stocks are sure to do OK in the coming months and years. There should be heavy backing by government in these fields (to catch votes) so funding for R&D will be flowing. While I think humans should pay for their excesses, selfishness, and shortsightedness, the fact that companies are pushing forward in developing clean energy etc is very good darts. :2twocents
 
I'm short ZFX, XJO, BHP, ANZ

over the past few weeks that has been good news

and today is very good news
 
Knobby22 said:
No answers from Bush. How are tax cuts going to help? And limiting loan size is very socialist of him and in any case it is too late, the horse has bolted.

The good news is that his term is almost up.
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Dear Knobby22
I do hope your nom de plume bears no correspondence with Catch22 :)
Firstly, maybe you are in the wrong thread?
Secondly, your analysis is somewhat superficial, and dare i say, biased. Times like these require objective analysis beyond my ability.
Thirdly, there will be investors/traders who will believe this is good news for one of a myriad of reasons probably different from my own. I accept the opposite. For those people, please review the name of this section of the forum. I respect your opinion, right or wrong... just not where it is posted.
Fourthly, there are now many bears-come-lately who would dearly love to see this correction hit...the sooner the better for them. 7% is a comedown on what we have been experiencing.
Finally, I wish us all good fortune in the weeks ahead.
 
US 10-year-bond interest rate continues to fall at 3.854%. Good for holders in these dodgy looking markets, a breath of good news outside Australia. Cash, coal, bonds...
 
Monday our market will drop and the NAB will drop along with it. Where it will go I don't know but at $34-$35 NAB is a good buy. It will be off 22% from it's all time highs and it's been hit harder than the other banks. It is paying a fully Franked Dividend yield of 5.4% too and best of all director Ahmed Fahour has recently bought 60,100 ordinary shares consideration of 2.224 million dollars, now that's a vote of confidence. I am not a trader but a long term investor and I'm happy with it's long term prospects, cheers.
 
Good news that Australia is booming and inflation is on the increase. New ports being extended and updated should see exports grow steadily for very many years to come.:aus:
 
noirua said:
Good news that Australia is booming and inflation is on the increase. New ports being extended and updated should see exports grow steadily for very many years to come.:aus:
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And with Billions of Dollars of Super money looking for investments, I think the share market has a long way to go upwards. There are lots of stocks that have been over sold lately, some that severely that the franked dividends from them offer better grossed up incomes than 2 year Term Deposits. Yes right on, go Australia.:xyxthumbs
 
Great news is spreading as the price of oil falls and estimates of US$80 a barrel for Texas crude. Interest rates tumbling in the States.

Opportunities out there now as this looks to be nothing but a severe shakeout. Keep your nerve my friends as this Great Storm passes.
 
noirua said:
Great news is spreading as the price of oil falls and estimates of US$80 a barrel for Texas crude. Interest rates tumbling in the States.

Opportunities out there now as this looks to be nothing but a severe shakeout. Keep your nerve my friends as this Great Storm passes.
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Noirua how do you keep such a positive head throughout all this? :D Are you in cash or stock / holding losses on the belief of a rebound?

Personally I can just feel myself becoming a little irrational!

Hopefully a lot of good news next week as a few companies announce their Q2 reports :)
 
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