I was fortunate to be invited to the launch of Livewire, a new Australian social media platform for investors. To help Tom McKay (MD) launch the event, a panel of stock pickers discussed some macro themes and each provided a stock idea. The discussion was very entertaining and informative - well done Tom and the panellists.
The panel was moderated by Matthew Kidman who wrote Bulls, Bears and a Croupier, which coincidentally I am currently reading and is a great read.
In brief, here are the stock ideas:
Steve Johnson: RNY Property Trust (RNY). US property trust, discount to NTA play - trading at ~60% of NTA. Good management.
Peter Morgan: Chalmers Ltd (CHR). Transport company, trading at substantial discount to $4.20 NAV. Share price $2.85.
Geoff Wilson: Graincorp Ltd (GNC). Agriculture, Believes FIRB will approve takeover.
I hope this provides you with some good stock ideas.
I have been invited to contribute to Livewire, which I am very much looking forward to in the future.
Kristian
Disclosure: no position in any of the above names.
No comments:
Post a Comment