Dear %%first_name%%,
Some might be calling for further radical price falls for BHP – Hello Roger – but I’m not convinced. A watcher of my Sky TV show, who will remain nameless, has pointed out that BHP wasn’t doing too badly even before the event of the Chinese juggernaut.
I put my case for why BHP could be a buy at these prices below. Also in the Switzer Super Report today, Paul Rickard has a good hard look at Woolworths and finds out why it might be a bit on the nose.
In Super News, we explain the new ATO supervisory levy, and if you’re looking to get a little piece of international action, Penny Pryor has put together an article on how to buy global shares direct.
In his broker report today, Rudi Filapek-Vandyck focuses on resources stocks and you can also read about auction clearance rates in our regular report.
Writing from Manila in the Philippines, Lance Lai analyses the China Composite Index in his chart low-down and our chart of the week features the interest rate outlook.
Sincerely,
Peter Switzer