04-05-2016

Donald Trump has warned that investing in the US stock market is dangerous. I am not so sure because the economy seems to be picking up and investors have few other homes for their money when interest rates are so low. He is a property guy, so perhaps he should focus on that sector.

04-05-2016

Great news! Last month I urged readers to get into an Oil & Gas strategy offered by broking firm Halifax as it appeared to me that oil prices were bottoming. I am pleased to report that the strategy has generated profits of 15.1% in March alone!

07-05-2011

House prices are set to start rising in the US this year, it has been forecast. This is a positive sign and the resulting 'wealth effect' will stimulate the US economy and markets. Unfortunately, house prices are declining in Australia and the reverse may well occur.

07-04-2011

After a strong run last week, the US market is almost back into growth territory. I say almost because, for a reversal of the recent soft trend to be fully fledged, the Dow Jones needs to go above its yearly high in late April of 12,876. We are still 300 points short of that.

07-01-2011

The NZ government is making noises about wanting a widespread pool of local shareholders in the utilities it intends to privatise. To make these floats a success it will need to price them very attractively, so investors should make sure they are on good terms with their broker so they can get access to the offers.

 
 

From our latest newsletter

Why the airlines are not flying high (MIR 831)
Last week, a wildfire in Canada ravaged an important oil sands production area around Fort McMurray. As much as 1.6m barrels a day of production was affected, accounting for more than a third of Canada’s production. ...
Fairfax and APN to merge (MIR 831)
APN News & Media (AU: APN) has revealed plans to demerge its NZ media assets and merge them with Fairfax Media (AU FXJ) regarding a potential merger of their NZ businesses. The two firms said they hoped to wrap ...
IDX expands (MIR 831)
Integral Diagnostics (AU: IDX) is to acquire the Western District Radiology business and a 50% interest in South West MRI for A$5m. The transaction is subject to regulatory approval and is expected to be completed w ...
GrainCorp dries up (MIR 831)
The wheat growing giant (AU: GNC) has reported a net profit of A$20m for the six months to March, a 34% dip on the same period last year. Gross profits were A$134m, down A$2m.  ...
Event Hospitality & Entertainment (MIR 831)
Tourism numbers are at record levels in NZ and there is talk of a substantial rooms shortage. There even has been a suggestion that room rates should be tripled to stimulate new investment and the government is funding ...

MIR Report

Main Article
Why the airlines are not flying high (MIR 831)
Last week, a wildfire in Canada ravaged an important oil sands production area around Fort McMurray. As much as 1.6m barrels a day of production w ...
Playing roulette with Sky City (MIR 830)
After leading the company for 8 years, Nigel Morrison has resigned as the managing director of Sky City Entertainment Group (NZ: SKC, AU: SKC), eff ...
Can Veritas turn the corner? (MIR 829)
Veritas Investments (NZ: VIL), the NZ-based investment firm, is going through a very bad phase. Three of its four major investments are facing issu ...
Announcements & Recommendations
Fairfax and APN to merge (MIR 831)
APN News & Media (AU: APN) has revealed plans to demerge its NZ media assets and merge them with Fairfax Media (AU FXJ) regarding a potential ...
IDX expands (MIR 831)
Integral Diagnostics (AU: IDX) is to acquire the Western District Radiology business and a 50% interest in South West MRI for A$5m. The transaction ...
GrainCorp dries up (MIR 831)
The wheat growing giant (AU: GNC) has reported a net profit of A$20m for the six months to March, a 34% dip on the same period last year. Gross pro ...
Share of the Week
Event Hospitality & Entertainment (MIR 831)
Tourism numbers are at record levels in NZ and there is talk of a substantial rooms shortage. There even has been a suggestion that room rates should ...
McGrath Holdings (MIR 830)
Real estate firm McGrath (AU: MEA), despite only listing in December, has said it will miss its prospectus forecasts, causing a slump in its share pr ...
Flight Centre and Webjet (MIR 829)
A new survey of Australasian consumer purchasing priorities has found that travel is now the second highest priority after property, with nearly one ...