Stock picks NZX 2024

Basil · Dec 27, 2023, 06:26 PM

Go "all in" on AIR then mate...what could possibly go wrong

Waltzing · Dec 27, 2023, 10:37 PM

What the engine R&M situation. This new generation of engines seems to want to spend a lot of time hanging around on big trolleys...shortage of engines world wide ATM.

Only needs the situation in the Middle east to step up a bit and oil could spike ,,,, 2024 must be a quiet year right?

Shareguy · Jan 01, 2024, 07:25 AM

Happy new year everyone.

NBR stocks to watch 2024

Devon funds-a2 milk,ryman,contact,tourism holdings,freightways

Hamilton Hindin Green-Nzx,infratil,vital healthcare,fisher &paykel,heartland

Niko asset- summerset,infratil,contact,sky,spark

Harbour- summerset,mainfreight,Serko

FB-ryman,a2,aft,precinct properties,mainfreight

kiwi2007 · Jan 02, 2024, 10:51 AM

Which parts of the world gave the best NZ$ returns last year?

Well, assuming distributions are reinvested on ex-date, and are after tax at 28% plus fund charges then the answer was anywhere except New Zealand and Australia. And that's even taking FIF charges into account which I believe Smartshares have to.

Quite surprising really - even with a all the tax advantages there are to investing at home you'd be much, much better investing overseas.

Check it out at https://smartshares.co.nz/fund-investor-report

BlackPeter · Jan 02, 2024, 11:18 AM

Quote from: kiwi2007 on Jan 02, 2024, 10:51 AMWhich parts of the world gave the best NZ$ returns last year?

Well, assuming distributions are reinvested on ex-date, and are after tax at 28% plus fund charges then the answer was anywhere except New Zealand and Australia. And that's even taking FIF charges into account which I believe Smartshares have to.

Quite surprising really - even with a all the tax advantages there are to investing at home you'd be much, much better investing overseas.

Check it out at https://smartshares.co.nz/fund-investor-report

Pity that the max timeframe they seem to measure is only 5 years, but you might notice that even in that short timeframe some of the NZ securities did not do too bad.

Still - cheers for pointing to smart shares, might well be a good diversification tool for people who want to reduce their stock picking effort ... both nationally as well as internationally

Shareguy · Jul 21, 2024, 03:33 PM

Thought this was interesting looking back at FB top picks from start of 2024

https://youtu.be/N3LDQJn4juE?si=z710_t2yFJ_Dtf43

Mr Cashflow · Jul 21, 2024, 08:12 PM

Currently market is overvalued. I don't find any quality companies trading at attractive prices. There are long term plays, but high valuation is a concern. In a market like today, it make sense to look for value stocks.

BlackPeter · Jul 22, 2024, 09:39 AM

Quote from: Mr Cashflow on Jul 21, 2024, 08:12 PMCurrently market is overvalued.

Strong statement. How do you measure that?

Quote from: Mr Cashflow on Jul 21, 2024, 08:12 PMI don't find any quality companies trading at attractive prices.

Oops - something wrong with your search algorithm? But yeah, difficult to find shining gems when you pour black sludge over everything.

Hint: Market is as always full of undervalued as well as overvalued stocks. At this stage in a very downtrodden market there are obviously more opportunities, but sure - anybody who chooses to indulge in gloom instead of chasing the amazing value many stocks offer is going to miss the opportunities.

Hey - gloom is creating more misery and gloom. Maybe you should get out of this vicious spiral before you drown in the gloom you are spreading.

Better work on improving your search algorithm ...