Share Market

INTELLIGENT INVESTOR

Many hybrids have vigour but PERLS looks like a pup

Richard Livingston Brokers and bankers are excited by the the CBA's latest hybrid investment but there are plenty of reasons why you should avoid it.

HOT STOCK

HUB24's $2m move for Paragem makes it even more attractive

Good planning: Paragem will boost HUB24's funds under administration.

Greg Smith The listed investment platform firm HUB24 has announced that that it is buying independently owned financial planning licensee Paragem for $2 million.

INTELLIGENT INVESTOR

Time to sell down the banks

Exposed: The banks might be too big to fail but in the event of a crash only the depositors are protected, not the shareholders.

Nathan Bell Bank stocks are masquerading as the market's miracle-makers but are far riskier than most investors appreciate.

INSIGHT

Big banks no longer the leaders

Dimmed: the big four banks are facing fresh headwinds.

Clancy Yeates Over the past four months or so, the banks have lagged the broader market. What's going on?

UNDER THE RADAR

Charting Servcorp's impressive turnaround

Richard Hemming Can this family-run company keep going and make the transition from small-cap to mid-cap to big-cap?

INTELLIGENT INVESTOR

Don't stress out on missing out

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for the fin. story on relative wealth 
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Nathan Bell You can miss out on hundreds of opportunities and still do well, but back too many duds and you’re sure to do badly.

THE ‘HONEST’ BROKER

Lies, damned lies and share price graphics

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Marcus Padley Charts are a salesman's best friend and manipulating them is a well-worn industry practice designed to calm customers down.

UNDER THE RADAR

Tiddler telcos turning into bigger fish

Richard Hemming For small companies that are turning into bigger entities through fast growth, the elusive ‘‘buying opportunity’’ might be now.

INTELLIGENT INVESTOR

Precipice looms for some if franking rules change

Adele Laurent of Denver, Co., dives from the 87-foot perch at the La Quebrada cliff in Acapulco, Mexico, Saturday, Nov.  16, 1996, during the International Cliff Diving Championships.  Women were allowed to participate in the championships for the first time ever on Saturday.  (AP Photo/ Joe Cavaretta)

Richard Livingston If dividend imputation rules change, expect the share prices of the banks and Telstra to fall over a cliff.

GETTING STARTED

High rate offer for savers may not be the PERL it seems

It's a pearler: Or a capital note.

David Potts it would be a big mistake to think that a bank hybrid, let alone the stock, is as safe as a government-guaranteed term deposit

THE 'HONEST' BROKER

Super stocks for smart investors

In demand: Domino's Pizza has a high price-to-earnings ratio, but investors should not take that as a reason to sell.

Marcus Padley Judging shares by their current price-to-earnings ratio is misguided.

INTELLIGENT INVESTOR

Before you buy stocks check out why they are being sold

Care bear: Making the bear case before you buy is crucial.

Nathan Bell We’ve all become excited about a company after too little research. We’ve told ourselves the stock is set to double – nay, triple – once the market understands it.

THE DOLLAR

Overvalued dollar stuck in a viscous trap

David Potts dinkus.

David Potts The best case scenario to get our currency down is for economic growth in the US writes.

SHARES RACE

Shares race: dartboard takes lead in four-week race

David Potts Random picks by the dartboard were the best result after the first week of a month-long shares race.

UNDER THE RADAR

Hot copper's stellar performance

ICU: Workers prepare the site of the second mineshaft at Oyu Tolgoi in 2007. Photo: Tom Miles / Reuters

Richard Hemming Copper is proving to be a hot sector for exploration and one area with the most heat is Mongolia.

INVESTING

Telstra result pleases shareholders

Higher than forecast: Telstra's full-year after-tax profit is up 14 per cent to $4.28 billion.

John Collett Telstra’s $4.2 billion profit, higher dividend and share buyback are good news for shareholders.

Franking credits a key part of Australia's economic machine

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Daryl Dixon Future governments must continue to recognise the importance of retaining the imputation credit system.

There's more to come from CBA after record profit

David Potts - dink - dinkus

David Potts If the Commonwealth Bank can make $8.7 billion, what it could do in better times?

Your 30-minute reporting season checklist

Your 30 minutes starts now.

Nathan Bell If you're pressed for time this reporting season, here's how to extract exactly what you need to know from a company's result in half an hour.

HOT STOCK

Ardent bulks up with Fitness First

Gym takeover: Ardent Leisure is expanding its fitness footprint.

Greg Smith Ardent's Fitness First purchase makes the group even more attractive.