Thursday, February 5, 2009

News - More Commodities at the ASX

Commodities besides GOLD can now be traded on the Australian Stock Exchange ASX. The links below may be helpful. http://www.asx.com.au/about/pdf/mr_020209_new_commodities_aqua.pdf http://www.asx.com.au/professionals/quoting_investment_products/

The symbols for the 3 new commodities are:
ETPMPT Platinum
ETPMPD Palladium
ETPMAU Silver

Not sure if they are available to retail investors or large investors / managed funds only. Details are still sketchy.

Please feel free to Post Comments if you have more information. Thanks

Monday, February 2, 2009

List of Blue Chip Companies - Argo Investments

The purpose of this article is to show a list of blue chip companies being invested by Investment Companies - in this case - Argo Investments.

Picking blue chip companies are easy or hard depending on who you are. If you are new to the market, the fact that there are over a thousand companies in the Australian sharemarket makes it a daunting task to even start analysing. Why not look at what the experts are investing.

Currently, the bear market is over a year old - and most people recognised this is going to be one of the worst economic downturns in history. Yet in terms of the sharemarket, clever investors are preparing to dive back in any time now, waiting for the signal that the market has bottomed. Even when the share market starts picking up again, the economy will be in the middle of a great struggle. Companies that are able to survive will be the blue chip companies that keep on producing and coming out of the recession strongly. So that is why we are focussing on blue chips.

Argo investments have been around for more than a decade. While I have not done a thorough analysis, it has done relatively well in the six months to 31 Dec 2008. I present here the list of principal investments of Argo Investments as a guide and starting point for picking blue chip companies.

BHP Billiton Ltd. 12.78%
Westpac Banking Corporation 8.81%
Telstra Corporation Ltd. 7.10%
Macquarie Group Ltd. 6.78%
Milton Corporation Ltd. 6.68%
Woolworths Ltd. 6.09%
National Australia Bank Ltd. 5.90%
Australian United Investment Company Ltd. 5.30%
Origin Energy Ltd. 5.18%
QBE Insurance Group Ltd. 4.51%
Australia and New Zealand Banking Group Ltd. 4.32%
Wesfarmers Ltd. 4.10%
Commonwealth Bank of Australia 3.77%
Rio Tinto Ltd. 3.54%
Woodside Petroleum Ltd. 3.07%
Westfield Group 2.75%
Foster’s Group Ltd. 2.44%
Santos Ltd. 2.37%
AMP Ltd. 2.29%
AGL Energy Ltd. 2.22%