GPT – Algo Buy Signal

GPT is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see upside in GPT to $6.50, at which time investors should consider selling out-of-the-money call options to enhance the income return.

For more information on the derivative strategy, please call our office on 1300 614 002.

A2 Milk – Buy the Dip

The A2 Milk Company is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

2H19 earnings growth was 39% and FY19 revenue was up 40%. The market was disappointed in the FY20 guidance and consensus earnings growth expectations have come down to 20%.

We look to accumulate  A2M near the $12.50 price level.

 

 

ASX – Algo Buy Signal

ASX is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see upside in ASX to $86.00, at which time investors should consider selling out-of-the-money call options to enhance the income return.

ASX goes ex-div $1.14 on 7 March.

For more information on the derivative strategy, please call our office on 1300 614 002.

 

Transurban Group – Algo Buy Signal

Transurban is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see upside in TCL to $15.25, at which time investors should consider selling out-of-the-money call options to enhance the income return.

For more information on the derivative strategy, please call our office on 1300 614 002.

 

 

Ramsay Healthcare – Buy Signal

Ramsay Health Care is under Algo Engine buy conditions and has now been added into the ASX 100 model portfolio.

We see price support developing near $62, following Ramsay Health Care advising that Paul Ramsay Holdings has completed the underwritten block trade sale of 22m shares in the Company to institutional investors at $61.80 per share.

Buy RHC at $62.00