Sponsor Message:
Non Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Any Good Australian Shares To Buy?  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Posted (7 years 2 months 2 weeks 4 days 2 hours ago) and read 2665 times:

Any good Australian shares to buy?

I am in Hong Kong but I do have an Australian bank account (HSBC). How do I buy Australian shares through my account?

Something not too expensive. Qantas? Telstra?

What's the minimum capital? There isn't any I guess?

Please advise. Thanks.

[Edited 2007-10-06 11:41:36]

37 replies: All unread, showing first 25:
 
User currently offlineScbriml From United Kingdom, joined Jul 2003, 12884 posts, RR: 46
Reply 1, posted (7 years 2 months 2 weeks 4 days 2 hours ago) and read 2665 times:
Support Airliners.net - become a First Class Member!

Shares in their rugby team should be pretty cheap right now!  wink 


Time flies like an arrow, but fruit flies like a banana! #44cHAMpion
User currently offlineQFA380 From Australia, joined Jul 2005, 2083 posts, RR: 1
Reply 2, posted (7 years 2 months 2 weeks 3 days 21 hours ago) and read 2665 times:

I would suggest buying something in mining, there are some cheap ones that are going up. Get a subscription to The Financial Review that would really help with Australian shares.

Also, have a look around Australian Securities Exchange but the best thing to do is talk to a broker.


User currently offlineMelpax From Australia, joined Apr 2005, 1649 posts, RR: 1
Reply 3, posted (7 years 2 months 2 weeks 3 days 19 hours ago) and read 2665 times:

Quoting United Airline (Thread starter):

I'm also a HSBC customer, and they have online share trading that you can enable thru your account, you should have a word to them or check their Australian website.



Essendon - Whatever it takes......
User currently offlineBill142 From Australia, joined Aug 2004, 8466 posts, RR: 8
Reply 4, posted (7 years 2 months 2 weeks 3 days 17 hours ago) and read 2665 times:

You may have to be an Australian resident to use the HSBC service. From memory, most online brokers in Australia have a requirement that you have an Australian address.

My advice is probably look into something in the resources area. A small miner that's a potential take over target by a larger one may net you some good dollars.

Woolworths is a consistent, solid performer and you can make some good money out of them.

Your minimum investment will need to be AUD$500 + brokerage fees.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 5, posted (7 years 2 months 2 weeks 3 days 17 hours ago) and read 2665 times:

I have an online savings account. Can I sign up for online stock brokerage?

Is Qantas share a good buy now?


User currently offlineZkpilot From New Zealand, joined Mar 2006, 4865 posts, RR: 10
Reply 6, posted (7 years 2 months 2 weeks 3 days 16 hours ago) and read 2665 times:

Woolworths (Woolies.... ASX code WOW) has been outperforming the market for years.... has been increasing profits substantially is on a growth path with acquisitions and has growing market share... Top 10 company in Australia. Market cap about $37bn. I got shares when they were $10 ea now they are over $30 in the space of 4 years plus div payments  Smile


56 types. 38 countries. 24 airlines.
User currently offlineBill142 From Australia, joined Aug 2004, 8466 posts, RR: 8
Reply 7, posted (7 years 2 months 2 weeks 3 days 16 hours ago) and read 2665 times:

Quoting United Airline (Reply 5):
I have an online savings account. Can I sign up for online stock brokerage?

Is Qantas share a good buy now?

Log into your account, it should provide a link which will answer your questions. It will tell you if you can.

Do the research on Qantas and you will see Qantas is the right investment for you.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 8, posted (7 years 2 months 2 weeks 2 days 10 hours ago) and read 2665 times:

Anything for short term investment?

And long term?

Australia is a small market but very stable/safe


User currently offlineBill142 From Australia, joined Aug 2004, 8466 posts, RR: 8
Reply 9, posted (7 years 2 months 2 weeks 2 days 10 hours ago) and read 2665 times:

Quoting Zkpilot (Reply 6):
Woolworths (Woolies.... ASX code WOW) has been outperforming the market for years.... has been increasing profits substantially is on a growth path with acquisitions and has growing market share... Top 10 company in Australia. Market cap about $37bn. I got shares when they were $10 ea now they are over $30 in the space of 4 years plus div payments Smile

Nice work, but I bought them at 2.45 then sold some at $20. It's a nice little earner isn't it?


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 10, posted (7 years 2 months 2 weeks 2 days 7 hours ago) and read 2665 times:

Is Air New Zealand listed in Australia?

Any good New Zealand shares too?

Quoting Bill142 (Reply 9):
Nice work, but I bought them at 2.45 then sold some at $20. It's a nice little earner isn't it?

Good!


User currently offlineBaroque From Australia, joined Apr 2006, 15380 posts, RR: 59
Reply 11, posted (7 years 2 months 2 weeks 2 days 6 hours ago) and read 2665 times:

Quoting QFA380 (Reply 2):
Also, have a look around Australian Securities Exchange but the best thing to do is talk to a broker.

Who will most likely give you moderately good advice on what to buy last year.  Wow!

A good first run for established companies might be to run through the price/earnings ratios.

Presuming you are resident in HK for tax purposes, tax imputation for dividends will not be of much interest to you which may mean that dividends are less relevant to you than to most Aus resident holders. Conversely, you have less (probably none) liability for capital gains.

So Telstra currently has a high dividend and with the tax savings this makes it equivalent of over 8% for Aus residents. However, if Telstra do not win their battle with the regulators, their market share may well fall, in which case you would have capital losses without the some of the benefits of the dividend.


User currently offlineToast From , joined Dec 1969, posts, RR:
Reply 12, posted (7 years 2 months 2 weeks 2 days 5 hours ago) and read 2665 times:

@ Baroque: sorry for not replying to your PM, I'm having a major browser issue preventing me from doing so (see my thread "Certain actions make Firefox crash" in Site Related). I'm working on it. Feel free to SD this post after reading it.  Smile

@ the others: sorry, I've no bloody clue about Aussie shares.  Smile


User currently offlineBaroque From Australia, joined Apr 2006, 15380 posts, RR: 59
Reply 13, posted (7 years 2 months 2 weeks 2 days 5 hours ago) and read 2665 times:

Quoting Toast (Reply 12):
@ the others: sorry, I've no bloody clue about Aussie shares.

Well the Toast tip must be close to the most honest one you will get! We can all be wise after the results. With the ASX at record levels you would have to say stay out, but then the P/E ratios are a tad below long terms averages - but then for that to be useful, long term averages would have to mean something.  Confused


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 14, posted (7 years 2 months 2 weeks 1 day 12 hours ago) and read 2664 times:

I have signed up for e-trade via HSBC. What's the commission/commission rate? Any minimum purchase for e-trade and Australian shares?

Please advise


User currently offlineBill142 From Australia, joined Aug 2004, 8466 posts, RR: 8
Reply 15, posted (7 years 2 months 2 weeks 1 day 11 hours ago) and read 2664 times:

Quoting United Airline (Reply 14):
I have signed up for e-trade via HSBC. What's the commission/commission rate? Any minimum purchase for e-trade and Australian shares?

Yes. As I said earlier, the ASX requires a minimum purchase of AU$500.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 16, posted (7 years 2 months 2 weeks 1 day 7 hours ago) and read 2664 times:

Thanks. Commission rate?

User currently offlineAndrej From United Kingdom, joined Jun 2001, 1039 posts, RR: 0
Reply 17, posted (7 years 2 months 2 weeks 1 day 1 hour ago) and read 2649 times:

Hey United Airline,

how much do you want to invest? If you have less than AUS$50,000 (some would say 40K or maybe 20K and others more than 50K) then to be honest your best bet would be getting into mutual fund. I am sure that your advisors at HSBC will recommend you one that meets your needs. Be it large-cap value with Australia focus type or growth focus one or any other mutual funds the HSBC and other banks offer.

There are few reasons, for one your transaction costs will not be as big as if you would buy few shares separately. Also the mutual funds are well diversified and therefore will lower your risk exposure to the market. Another benefit is that you do not have to manage your fund. You do not have to relocate shares to stay within your portfolio allocation. (Do you want 100% of the portfolio to be . And finally in stocks only, how about fixed income, or derivatives, commodities or combination of these securities?) Also you do not have to waist your time doing research. Quality research takes time. Trust me, it takes a lots of time. Are you looking at growth company, or value company that will pay you annual dividends? This is also important for your investing strategy. Mutual Funds take its commissions, and it may be anywhere 2-5%. That depends of the fund, your initial investment and other requirements. This will cover their operation fees, brokerage fees and other transaction fees.

However if you still want to buy some shares and have some "play" money than getting into buying and selling stocks can be fun. Although you will still pay transaction fees every time you sell or buy a stock. Sometimes you make money and sometimes you loose your money. I do not know your risk allowance, but if you have AUS$500ust be advised that it is very easy to loose money. Do your research properly as I think that is very important. Remember not every good company is a good buy. (Just because you like it, does not mean that you should buy it.)

And this brings me to my last point, airlines are great companies, but usually they are not the best companies to own. I know people will disagree with me. But the truth is that they are very cyclical companies and timing is very important to own them. (Just look at prices of airlines (US ones) after 9-11 and now). Airlines are also risky, because there are many external factors that influence stock price and sometimes even good airline, may be undervalued yet market will not notice it. Now, if you want to own Qantas go for it.

But as QFA380 and Bill142 suggested, look into mining companies, Rio-Tinto comes to my mind. But to be honest I never looked at the Australian shares, have not done any research on them and I am not following any of the companies.

I hope that you will make the best choice that suites your best needs. Just remember do your research!

Cheers,
Andrej

PS I would recommend some good books, such as Intelligent Investor by *Benjamin Graham. I great book for everyone to read that is interested into finance and investing. And also, believe it or not, but you should read Letter to the shareholders by Warren Buffet!!! You can find them for free on http://www.berkshirehathaway.com/ (or you may buy the same thing for $25 at Amazon.com!)

now this guys nows thing or two about investing and reading these letters is very informative! You may gain quite some knowledge from the best in the business.

*EDIT: Benjamin Graham, NOT Bill Graham! Sorry.

[Edited 2007-10-09 13:31:34]

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 18, posted (7 years 2 months 2 weeks 18 hours ago) and read 2639 times:

I have more than that of course. It's just that I want to buy a small amount of Australian stocks to try out.

What's the commission rate?

Qantas shares as well as US airline shares are doing very well these days

Thanks a lot for the detailed explanation


User currently offlineAndrej From United Kingdom, joined Jun 2001, 1039 posts, RR: 0
Reply 19, posted (7 years 2 months 2 weeks 16 hours ago) and read 2639 times:

Quoting United Airline (Reply 18):
It's just that I want to buy a small amount of Australian stocks to try out.

If you want to have "play" money that is fine. Just remember that you can make money and loose them easily. I would divide between "play" money, in most cases usually no more than $1000 (I do not know your actual wealth, so this may be low if you net wealth is in millions ) and than to have serious investing pool of money that you should use for real investing.

Quoting United Airline (Reply 18):

What's the commission rate?

A brokerage firm will charge commission rate for services its provides to you. Such as when you buy or sell stocks. I do not know how much they will charge you, but usually the rate lowers if you spend more money.

Quoting United Airline (Reply 18):
Thanks a lot for the detailed explanation

I am glad that I was helpful!

Cheers,
Andrej

[Edited 2007-10-09 22:28:49]

User currently offlineBill142 From Australia, joined Aug 2004, 8466 posts, RR: 8
Reply 20, posted (7 years 2 months 2 weeks 13 hours ago) and read 2631 times:

Quoting United Airline (Reply 18):

Clearly you've signed up for a product you haven't done the research on. If you're not going to research the product, you're not going to research the investment so you're setting yourself up for failure.


User currently offlineBaroque From Australia, joined Apr 2006, 15380 posts, RR: 59
Reply 21, posted (7 years 2 months 2 weeks 10 hours ago) and read 2615 times:

Quoting Andrej (Reply 17):
But as QFA380 and Bill142 suggested, look into mining companies, Rio-Tinto comes to my mind. But to be honest I never looked at the Australian shares, have not done any research on them and I am not following any of the companies.

The miners as a group are doing very well, but do not forget that the buy on rumour sell on fact often applies. The rumours are that iron ore prices will be up about 50% next year. Even if they are up 50% - and the Chinese will have a bit of resistance there - if that does happen, the iron ore miners (includes both Rio and BHPBilliton) might still sink back a bit. BHP is bringing on a significant amount of new oil in the Gulf of Mexico but then this might still be vulnerable to hurricanes even though the platforms have been redesigned in the light of experience in 2005.

The best investment would be to work out which of the oil or mineral minors is going to make a major find. Answer to that is, not even they know!


User currently offlineAviationNut From Australia, joined Dec 2006, 49 posts, RR: 0
Reply 22, posted (7 years 2 months 1 week 5 days 8 hours ago) and read 2573 times:

Quoting United Airline (Thread starter):
Something not too expensive. Qantas? Telstra?

Disclaimer: Iam not a Financial Adviser.

To be fair Telstra are not a short term share if you are looking for growth at the moment and are still under quasi Government control, not something that sits well with Telstra or the Government. If you are looking for some short term "income" then you "might" consider them. If you purchase the cheaper T3 (Third Tranch) then you would be obligated to fully purchase the share at a later date if you don't sell before hand, but you will still get the dividend depending on your Nationality and your Domicile and the method in which you purchase them.

Go here for a look at rhe Australian Stock Exchange: http://www.asx.com.au/index.htm

Personally Industrial shares in Australia aren't as good as the Miners at the moment and much of the Australian Bourse is propped up by Miners and Banks. Small miners have a lot of risk attached and are propped up at the moment by development in China and India.

It always pays to research well especially if you are going to place a retail purchase in a foreign market.

Kind Regards

AviationNut  Big grin



Regrets: I only flew Concorde Trans Atlantic twice
User currently offlineCupraIbiza From Australia, joined Feb 2007, 837 posts, RR: 6
Reply 23, posted (7 years 2 months 1 week 5 days 7 hours ago) and read 2573 times:

Quoting Andrej (Reply 17):
Mutual Funds take its commissions, and it may be anywhere 2-5%.

Stay away from them! They are in it to make money for their shareholders first, investors second! Also the 2-5% MER (management expense ratio) that they charge are a rip off.

A much better option is to invest in a LIC (listed investment company) They are stock market listed companies that only trade in ASX shares and as you are both the shareholder and investor you arent ripped off! A good example is Argo Investments Limited (ASX Code ARG) They have been around since 1946, have paid a dividend every year and instead of 2-5% the effective MER is 0.12%



Everyday is a gift…… but why does it have to be a pair of socks?
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 24, posted (7 years 2 months 1 week 4 days 18 hours ago) and read 2555 times:

Is it advisable to start off with AU$ 500 first then another AU$ 500?

25 CupraIbiza : Its better to start with more (if possible) Only because if you invest $500 then the brokerage fee (around $30) is a fair chunk of your investment. H
26 Pilotdude09 : I work for woolies and work with alot of people who have been with the company for years, 3 people 30+years!! anyway they have shares from the old co
27 Post contains images Baroque : Best not tell you what I paid for the Rios (CRA at the time) I bought just after GWar I started then! For some reason, all the resource stocks slumpe
28 QANTAS077 : bang for you buck then buy into a bank or mining company...Qantas shares I've had for a while now and they are more a long-term thing, but I won't buy
29 Pilotdude09 : I know several people who paid under 10 dollars for them, makes you want to cry actually hahaha One guy that my dad works with bought shares in the c
30 CupraIbiza : Go on tell us!!! Did you buy CSL as well? When they floated? I think the float price was around $2-$2.50.
31 TSV : Rio doesn't know what it's doing. It's just benefitting from the overall market interest in Miners and being the third largest it's just along for th
32 Post contains images Baroque : CRA were 8.90 in 1991 - my vestigial memory was that they were a bit less than that, just goes to show!! BHP were 9.56, later split into 2 IIRC, Wood
33 United Airline : Is it the right time to buy?
34 Baroque : Oh you were not supposed to remind me of the robbing of CRA from Aus and the consequent loss of its exploration arm. Still, the later strangulation o
35 CupraIbiza : No one knows the answer to that! Having said that if you plan to hold for the long term then its always a good time. "Time in the market not timing e
36 TSV : Just ask the Tax Office how much they (we) lost when the above mentioned two were given away overseas. They are lower grades which obviously require
37 Baroque : My first job in Aus was to analyse all 105' (from memory) of the core of that sucker. The joke about coking is that the early "formula" for a prime c
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
First Person Shooters - Got Any Good Ones? posted Thu Sep 27 2007 23:45:27 by Bagpiper
I Am Looking To Buy An Assault Riffle posted Thu Sep 20 2007 13:31:49 by Airfoilsguy
Is It Still Cheaper To Buy A Car In E.U Than UK? posted Thu Sep 13 2007 08:00:42 by Cumulus
Want To Buy A Walrus Penis? Bidding Starts At.... posted Mon Aug 27 2007 17:40:08 by JFKTOWERFAN
Rich Russian Tries To Buy U.S. Bomber At Airshow posted Sat Aug 25 2007 16:12:30 by AirPacific747
How To Buy A Ferarri For Under 30k.... posted Mon Aug 6 2007 06:05:37 by Alberchico
Ihop To Buy Applebee's posted Tue Jul 17 2007 09:00:34 by JetsGo
How Do You Prefer To Buy Books? posted Sun Jul 15 2007 17:03:14 by Pe@rson
Woman Tries To Buy $16,000 In IPhones, Gets IOwned posted Sat Jun 30 2007 22:56:11 by Gunsontheroof
Any Good Online Vespa Parts Dealers? posted Fri Jun 22 2007 07:46:55 by HercTech