Steven Mabb, Chairman of the Australian Shareholders Association (and QAV Club member) returns to share his thoughts on proxy votes, QANTAS, Nick Scali, EML, Virgin UK, FMG, REM reports, AGMs, director workloads, auditors becoming board members, the value of independent directors, gender representation on boards, and much more.
Commodity Updates, WSI crash, Australia spooks global LNG markets, Buffett says he could make 50% return per year, FMG CFO quits, QAN in a bit of a pickle, Pulled pork on AIZ, are the sins of a former CEO carried forward, and an update from Tony on the use of RENKO charts.
Wheat is a sell; FMG is a red flag; PLS results and crash; AFG results and crash; the cost of timing the market; great guns; QAN results; Pulled Pork MAH; where the money goes; beta volatility and QAV; US investors who claim their methodology returns 30% — 60% pa.
This week on the show: PRN reports great results and crashes; China’s slowdown; US bond yields; SGM results; Pulled pork WHC; new mortgage rate; TK’s thoughts on Imugene (IMU) and share placements at a significant discount.
Fitch downgrades the US, Lowe has new ideas about the RBA, NCK beats the pulled pork curse, MYR rebounds, iron ore falls (every October?), Baby Bunting pulled pork, and problems with Updater’s delisting.
The market’s had a rough week, MYR collapses on good results, business confidence is up while consumer confidence is down, coking coal isn’t a sell after all, pulled pork on NCK, possible changes to Rule 1, BBN’s performance, and adding buybacks to the checklist.