Light Trades 2024-10-25

Hi folks

It’s anoth­er Fri­day and we have noth­ing to sell. GNP was a sell briefly yes­ter­day but it recov­ered above its sell line today. So as always, I’m going pro­vide a buy­ing option for those of you still build­ing your port­fo­lios. 

All the best,
Cameron

SELLS

BUYS

1. PPM

### QAV Stock Invest­ment Report: Pep­per Mon­ey Lim­it­ed (PPM)

#### Overview of the Com­pa­ny

Pep­per Mon­ey Lim­it­ed oper­ates as a non-bank lender in the mort­gage and asset finance mar­kets across Aus­tralia and New Zealand. It func­tions through three pri­ma­ry seg­ments: Mort­gages, Asset Finance, and Loan and Oth­er Ser­vic­ing. The Mort­gages seg­ment is involved in pro­vid­ing finan­cial solu­tions for res­i­den­tial home loans and small bal­ance com­mer­cial real estate loans. The Asset Finance seg­ment caters to a vari­ety of asset types, includ­ing con­sumer, com­mer­cial, and novat­ed leas­ing. Mean­while, the Loan and Oth­er Ser­vic­ing seg­ment offers inde­pen­dent loan ser­vic­ing, encom­pass­ing res­i­den­tial home loans and per­son­al loans. The com­pa­ny is also engaged in auto and equip­ment finance, third-par­ty loans, and bro­ker ser­vices. Estab­lished in 2000, Pep­per Mon­ey Lim­it­ed was for­mer­ly known as Pep­per Group Pty Lim­it­ed and is head­quar­tered in North Syd­ney, Aus­tralia. It oper­ates as a sub­sidiary of Pep­per Group Anz Hold­co Lim­it­ed.

CURRENT HOLDINGS

** Please remem­ber to review our Buy­ing Guide­lines to under­stand which cap bands you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. 

DISCLOSURE 

In the inter­est of full dis­clo­sure, we would like to advise that, as of the date of this email, the QAV team cur­rent­ly hold these stocks in their per­son­al port­fo­lios:

ABA AGL ANZ BOQ FHE FPR MMS PRN PRU QBE RMS RSG SSM SUL WAM WGX GEM TLS

Please note that our per­son­al hold­ings might not include the stocks we rec­om­mend in QAV Light. This is because we already have full port­fo­lios (15–20 stocks) and can only add new stocks if we have to sell some­thing. 
If you’re inter­est­ed in learn­ing more, please review our trad­ing and dis­clo­sure pol­i­cy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works. 

1. We send you an email every Mon­day advis­ing which stocks we are adding to our Light port­fo­lio.
2. You can copy our trades, but please remem­ber to review our Trad­ing Guide­lines to under­stand which cap you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. And con­sult a finan­cial plan­ner before mak­ing any deci­sions.
3. We don’t rec­om­mend that you add stocks which are already in our port­fo­lio. Their posi­tion on our buy list might have changed since we rec­om­mend­ed them. Just start with the stocks rec­om­mend­ed after you become a mem­ber.
4. If one of the stocks we add breach­es one of our sell con­di­tions, we will sell it from our port­fo­lio and you’ll get an email advis­ing of the trade. Again, you can copy our trades, but seek finan­cial advice before mak­ing any deci­sions. And please check your Rule #1 price (see Trad­ing Guide­lines).
5. If you come across any QAV ter­mi­nol­o­gy that you don’t under­stand, please review our ter­mi­nol­o­gy guide or just email us for clar­i­fi­ca­tion.

That’s it for today! 

If we decide to buy or sell some­thing, we’ll let you know. 

Got a ques­tion? 
[email protected]