Index

AMP Capital Investors, ASX Trade, 20, 35–37, A 11, 48, 60–61, 69, 74, 164, 175 A2 Milk Company, 117, 218, 220, 222 Atlas Arteria, 230 131, 231 Amplia Therapeutics, 98 , 94 Abacus Property, 91 Ampol, 235–236, 267 Atlas Trend, 157–158 ABC Learning Centres, Anaconda Nickel, 100–101 90, 295 at-market orders, 170 analysis, 198–205, 213–214 absolute-return equity- Atomo Diagnostics, 188 based funds, 159 Anchorage Capital, 94–95 International Aconex, 120 Andex Charts, 12, 48–49, Airport, 230, 264 58–59, 60, 83 Actinogen Medical, 72 AusNet Services, 238 Anglo American, 100–101 active exchange-traded Austal, 230 funds (ETFs), announcements, share Australand, 91 prices and, 72–73 256–257 Australia, investing active investing, passive annualised monthly outside, 152–158 investing vs., 148–151 recurring revenue (AMRR), 134 Australian Accounting Adelaide Brighton, 267 Standards Board Ansell, 224, 264 adjust phase, 175 (AASB), 114 Antipodes Global Fund, Australian Agricultural Afterpay, 62, 131, 144, 147 237, 264 Company, 231 ANZ Banking Group, 62, agency risk, 112–113 Australian Competition 74, 112, 218–219, and Consumer AGL Energy, 238, 266 220, 221, 264 Commission (ACCC), agribusiness, 159 AP Eagers, 268 37, 79, 265 Air New Zealand, 230 APA Group, 266 Australian Foundation Allan Gray, 84 Appen, 131, 144, 237, 264 Investment Company (AFIC), 245, 248 Allco Finance Group, ARB, 268 89, 90 Australian Investor Study, Argo Investments, 9–10, 125 Allegra Orthopaedics, 228 245, 247 Australian National allocations, 185–187 Aristocrat Leisure, University (ANU), 116 120, 234 Alterity Therapeutics, 228 Australian Pharmaceutical alternative investments, Asaleo Care, 231 Industries, 224 158–160 COPYRIGHTEDAsciano, 90 MATERIALAustralian Prudential Altium, 131, 144, 237, 264 Asia-Pacific, 222 Regulation Authority AMA Group, 268 ask, 35, 164 (APRA), 114, 259, 263 Amazon, 194 Aspinall’s Club, 106 Australian Securities and Investments Amcor, 143 assets, 86, 127–129, 203 Commission (ASIC), American Depository ASX Share Ownership 34, 75, 100, 114, 117, Receipts (ADRs), 156 Study, 10 182, 211–212

Index 327

Index.indd 327 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Australian Securities BetaShares Australian Brasil Bolsa Balcao, 39 Exchange (ASX), 2–3, Sustainability breakout trading, 204–205 32, 39, 114–115, 124, Leaders ETF (FAIR), 165–167`, 263 252 Breville, 263 Australian S&P/ASX 200 BetaShares Global BrisConnections, 91 index, 23–24, 27 CyberSecurity ETF broker sponsorship, 284 Australian Standard (HACK), 252 brokerages, 163, 261 Transfer Form, 181 BetaShares Global brokers Healthcare ETF Australian Stock about, 38, 210, 271, 273 Exchange. See (DRUG), 252 choosing, 277–280 Australian Securities BetaShares S&P/ Exchange (ASX) ASX Australian defined, 35 Australian Tax Office Technology ETF finding, 284 (ATO), 197, 285 (ATEC), 252 full-service, 273–274, Australia-Thailand Free BHP, 62, 93, 101, 143, 153, 278, 283 Trade Agreement, 218, 223, 242, 267 interviewing, 280–284 106 Bibiani mine, 105 online, 274–277 Avecho Biotechnology, bid, 35, 164 phone, 274–277 111 Big Data Big portfolio, 157 researching, 278–279 average revenue per user Billabong International, 64 role of, 272 (ARPU), 134 Bingo Industries, 230 Brookfield Infrastructure, averaging down/up, 90 194–197 Bionomics, 229 BSE India, 39 avoiding loss, 18 Biota, 224 biotechs, 224–225, Bubs Australia, 231 227–230 Buffett, Warren (money B Biotron, 229–230 manager), 209, 305–309 Babcock & Brown, 89, 90 Bitcoin, 159 Blackmores, 20, 231 building portfolios, Babies ’R’ Us, 194 130–138 BlackRock, 249 Baby Bounce, 194 bulls, 44 blue chips, 143, 218–220 Baby Bunting, 194–195 Bunnings Group, 233 blue sky, 146 Bapcor, 268 business risk, 94–96 Barclays, 108 BME Spanish Exchanges, 39 buy-and-hold strategy, Bassat, Andrew (CEO), 265 54–65 Bogle, John (investor), 317 BC Iron/BCI Minerals, 94 buybacks, 67–68, 296–297 book value, 138 Beach Energy, 236 buying Boral, 267 bears, 44 about, 54–65, 163, 191, borrowing tax deductions, Bega Cheese, 79, 231 217 297 Bellamy’s Australia, analysing takeovers, bottom-up approach, 130 78, 120 213–214 Bradman, Donald Berkshire Hathaway, 209, analysis, 198–205 (cricketer), 182 305–309 averaging down/up, Brambles, 120, 230, 264 best-limit order, 171 194–197 brand power, buying and, back your own shares, beta factor, 82–83 262–263 67–68

328 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 328 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 329 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM blue chips, 218–220 cash flow, 119, 203 Coles, 231, 266 brokers, 210 central limit order book Colonial First State CHESS, 188–190 (CLOB), 170 Wholesale Indexed Australian Share contrarian investors, 215 Centre for Australian Ethical Research Fund, 147 decision-making and, (CAER), 116–117 commodities, 159 262–269 Centre Point, 36, 164, commodity risk, 93–94 finding markets, 164–168 169–170 common stock. See floats, 181–188 Centro Properties, 90 ordinary shares into floats, 181–188 Challenger, 62 Common Stocks and gold, 243–244 Charter Hall Group, 233 Uncommon Profits growth stocks, 130–135 (Fisher), 54–55 Chatree gold mine, 105 hybrid securities, 258–262 Commonwealth Bank, 62, Chicago Board Options insider activity, 215–216 139, 171, 218–219, Exchange (CBOE), 83 220, 221, 264 institutional, 119–121 China Mengniu Dairy Commonwealth Serum investing vs. trading, Company, 78 Laboratories (CSL 205–210 Chi-X, 32, 36, 157 Limited), 62, 63, 70, as investors, 205–206 Chorus, 236 88, 153, 183, 194, making trades, 168–174 220, 224, 264, 266 CIMIC Group, 230 ordinary shares, 217–244 CommSec, 275 Clean Disruption preparing for, 191–197 portfolio, 158 Communication Services sector, 236–237 profit warnings, 213–214 Clean Seas Seafood, shares for returns, 17–18 109–110 compound interest, 50–51 specialised stocks, Cleanaway Waste Computershare, 237, 266 244–258 Management, 230 ’confession season,’ 73–76 taxes, 216 Cleantech sector, 238–239 Consumer Discretionary as traders, 209 Clearing House Electronic sector, 140, 234–235 trading day, 175–181 Sub-register System Consumer Staples sector, (CHESS), 181, 140, 231 turnaround situations, 188–190, 284 215 Contact Energy, 238 climate-change risk, watching index changes, contracts for difference 114–115 214–215 (CFDs), 213 Clinuvel Pharmaceuticals, contrarian investing, 215 229 Cooper Energy, 236 Clive Peeters, 111 C copper, 240 Canstar, 284 closed-end equity trust, 245–246 core stocks, 140–144 capital gains tax (CGT), Coronado Coal, 187 216, 291–293, 324 closing orders, 174 corporate appeal, 77 Capital Goods, 230 Clough, 102 CML Group, 78 Corporate Travel capital growth, 19 Management, 62, 267 Coca-Cola Amatil, 231 Capricorn Metals, 78 Corporations Act (2001), Carnarvon Petroleum, 236 Cochlear, 98, 144, 224, 121, 274 264 Carsales.com, 144, Corporations Law, 34 236, 268 Coe, David (CEO), 265

Index 329

Index.indd 328 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 329 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Costa Group, 231 active vs. passive, Eclipx, 99 costs, estimating for 148–151 efficient market theory, trading, 179–180 alternative investments, 206 Council of Financial 158–160 80:20 rule, 283–284 building portfolios, Regulators (CFR), 114 Elders, 231 130–138 COVID-19, 21–27, 62, 68, electric utilities, 237–238 225, 254–256 defined, 18 EML Payments, 62 CPT Group, 233 how many stocks to buy, 138–146 Energy Resources of Credit Corp, 62 Australia (ERA), 236 investing outside credit crunch, 89 Australia, 152–158 Energy sector, 140, creep provisions, 77, 121 spreading risk with, 235–236 Crown London Aspinalls, 124–129 engineering risk, 101 106 through managed funds, Environmental, Social and Crown Resorts, 106, 234 146–152 Governance (ESG), crystallised loss, 193 dividend cover, 201 115, 117 CSR, 74, 267 dividend imputation, equities, price steps for, 166 CTEC, 102 285–291 dividend income, 19 Equity Automatic Trading, currency risk, 108–109 175 cyclical stocks, 267–268 dividend yield, calculating, 200–201 equity risk premium Cynata Therapeutics, 228 (ERP), 86 dividends, 19, 119, 207–208, 322 estimating costs of trading, 179–180 divisibility, 20 D ETF Securities Global Core Dodd, David (author), 310 day traders/trading, 209 Infrastructure ETF dominating companies, (CORE), 253 debt to equity ratio, 202 263–264 ETFS FANG ETF (FANG), defensive stocks, 266–267 + Domino’s Pizza, 131, 253 delayed data delivery, 276 132–133, 234–235 ETFS S&P Biotech ETF delisted dogs, 295–296 Dow Jones, 23, 27, 40–41 (CURE), 253 Deutsche Bank, 91 Downer and Cardno, 230 Euronext, 39 Deutsche Boerse, 39 Drew, Daniel (trader), 211 Event Group, 20 developed markets, 155 due diligence, 186 Evolution Mining, 223 Dexus, 233 Dutch East India, 31 exchange-traded bonds Holdings Duxton Water, 238 (XTBs), 260–261 Limited, 94–96, 194, dynamic data delivery, exchange-traded funds 295 276 (ETFs), 249–258 digital ledger technology exchange-traded option (DLT), 190 (ETO), 213 Dimson, Elroy (author), 86 E exchange-traded products discount brokers, earnings, 17–18, 68–70 (ETPs), 244 179–180, 273 Earnings Matrix, 69–70 execution-only brokers, diversification 179–180, 273 East India, 31 about, 51–52, 123–124 expansion risk, 106–108 EBOS Group, 224 Expired orders, 174

330 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 330 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 331 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM 45-day rule, 291 goal-setting, 53 F fully franked dividends, gold, 223, 240, 243–244 Factor Therapeutics, 287–288 96–97 Gold Bullion Securities partially franked (GOLD), 243–244 FactSet, 70 dividends, 289 Gold Ridge gold mine, 105 Fairfax Media, 219 refunds, 289–291 good until cancelled basis, Falling Buy order, 173 fraud risk, 111–112 174 Falling Sell order, 173 Freedom Foods, 231 Good-for-Day orders, 170 Federal Funds Rate, 22 Freedom Insurance, 100 Goodman Group, 91, 144, Fidelity Australian Equities frontier markets, 155 233 Fund, 147 FTSE 100 (Financial Times Good-Till-Cancel orders, Fill-and-Kill orders, 170 Stock Exchange 100), 170 Fill-or-Kill orders, 169 42 Good-Till-Date orders, 170 final settlement, 181 full market depth, 167 Good-Till-Expiry orders, financial needs, setting, full-service brokers, 170 54 179–180, 273–274, Graham, Benjamin 278, 283 financial risk, 89–92 (investor), 310–311 fully franked dividends, Financial Times Stock GrainCorp, 231 287–288 Exchange 100 (FTSE Green, Phil (CEO), 265 fund managers, 30 100), 42 grossing up, 287–288 fundamental analysis, Financials sector, 140, Groves, Eddy (CEO), 265 221–222 118, 198–203 growth stocks, buying, futures markets, 43–44 Finder, 284 130–135 firm allocations, 187 guidance, 75 Fisher, Philip (author), 54–55, 312–313 G Fishere & Paykel Gage Road Brewing, 231 H Healthcare, 224 Gaines, Elizabeth (CEO), hard commodities, 93 FKP Property, 91 265 Harvey Norman, 111, 267 flexibility, 242 gas utilities, 237–238 Hawkins, Jennifer (Miss gearing, 202 Flight Centre, 62, 64 Universe), 184 Genesis Energy, 238 float Healius, 224 Genetic Signatures, 228 about, 29–30 Health Care sector, 140, buying into, 181–188 Genex Power, 238 224–230 defined, 29 ’get rich quick’ scheme, Healthscope, 120 319–320 raising money, 33 hedge funds, 158–159 Gindalbie Metals, 94 reasons for, 30 Hewlett Packard, 40–41 Glencore, 100 Forge Group, 101–103 high-beta, 267 Global Industry , high-yield assets, 159 Classification 93, 94, 101, 145, 151, Standard (GICS), Hilco Capital, 107 194, 223, 240, 267 138–139, 140, 221 Hirst, Cherrell franking credits global property securities, (chairperson), 97 about, 19, 143, 285–287, 152 HIV, 229 322

Index 331

Index.indd 330 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 331 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Holder Identification infrastructure securities reasons for share price Number (HIN), 189, funds, 152 changes, 65–80 261, 284 Infratil, 238 setting financial needs, holding, 54–65 ING Industrial Fund, 91 54 Homebase, 107 initial public offering setting goals, 53 Hong Kong Exchange, 39 (IPO), 30, 163, setting risk tolerance, 53–54 hostile takeovers, 78 181–182, 185–186 setting time frame, 53 housekeeping, 175 Innate Immunotherapeu- tics, 97–98 starting with, 51–54 Howitt, Dog (CEO), 265–266 insider activity, 215–216 timing and, 48–50 Huon Aquaculture Group, institutional investors, 37 investment-grade, 110, 231 institutional selling/ 144–145 Hutchison buying, 119–121 investors, 37, 51, Telecommunications, Insurance Australia 205–209 237 Group, 222 InvoCare, 264 hybrid securities, 258–262 InteliCare, 188 IPH, 230 The Intelligent Investor IRESS Trader, 36–37, 164 (Graham), 310 iShares S&P/TSX 60 index I interest cover, 201 ETF, 249 IAG, 267 International English iShares Wholesale IBM, 40–41 Language Testing International Equity System (IELTS), 264 icons, explained, 4 Index Fund, 147 International Labour Immutep, 227 Organization (ILO), imputation credit. See 26 franking credits J interviewing brokers, James Hardie, 267 Imugene, 229 280–284 Japan Exchange in specie transfer, 294 investing Group, 39 income investor, 51 alternative, 158–160 JB Hi-Fi, 267 Independence Group (IGO gambling vs., 82–83 Johannesburg Stock Limited), 73 importance of timing Exchange, 39 index/indices, 38–39, with, 9–14 Joint Ore Reserve 214–215. See also outside Australia, Committee (JORC) specific index/indices 152–158 Code for Reporting industrial companies, trading vs., 205–210 Mineral Resources 220–239 and Reserves, trends in, 9–11 Industrials sector, 140, 241–242 investment bank, 221 230 Joyce, Alan (CEO), 120 Infigen Energy, 238 investment strategy inflation indexation, 292 about, 47–48 information risk, 118 buying, 54–65 K compound interest, Information Technology Karoon Energy, 236 50–51 sector, 140, 237 Kazia Therapeutics, 227 diversification, 51–52 infrastructure assets, 159 King, Michael (executive), holding, 54–65 89, 265

332 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 332 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 333 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Kinghorn, John (CEO), 265 managed futures/ Meridian Energy, 238 Kingsgate Resources, commodity trading Mesoblast, 225 105–106 adviser (CTAs) strategies, 159 Metcash, 231 Koolan Island, 101 management, assessing, MFS, 89, 90 Korea Exchange, 39 264–266 MFS Global Equity Trust, KPMG, 108 management expense 147 ratio (MER), 149, 244, mFunds platform, 261 261–262 L market depth micro-caps, 145 Lark Distilling, 231 information, 171–172 Microsoft, 138 legislative risk, 98–100 ’Market on Close’ (MOC), mid-caps, 144–145 174 LendLease, 233 Milton Corporation, 245 market risk, 88–89 Levant, 31 , 101 Market Volatility Index limit order, 169 mining industry, 91–92, (VIX), 83–84 limited liability, 31 222–224, 240 markets liquidity, 17–18, 20, 33, 67 Mirvac Group, 233 about, 16, 29 liquidity risk, 94 MMA Offshore, 236 finding, 164–168 listed investment moats, 263–264 futures, 43–44 companies (LICs), money, raising, 33 245–248 index, 38–43 Morgan Stanley Capital listed investment trust LIC, 248 International (MSCI) (LIT), 247 primary, 29–33 World Index, 42–43, live data delivery, 276 prospectus, 34–35 126, 138, 148–149, 214–215 Living Cell Technologies, secondary, 35–38 Morningstar, 263–264 227 market-to-limit orders, London Stock Exchange 170 Mount Gibson Iron, 94, 101 (LSE Group), 39 Marsh, Paul (author), 86 moving average (MA), 204 loss, 15–16, 18 Materials sector, 140, low standard deviation, 222–224 Mozo, 284 82 Matrix Composites & multi-utilities, 237–238 Lynch, Peter (investor), Engineering, 236 Munger, Charles (VP), 316–317 McEwan, Ross (CEO), 120 305–309 McIntyre, Cameron (CEO), Murray Gouldburn, 265 79–80 M McMillan Shakespeare, Murrin Murrin, 100 Macquarie Group, 62, 64, 98–99 Muscovy Company, 31 74, 91, 144, 221 Medical Developments Myer, 184–185, 267 Magellan Global Fund, International, 228 147 Melco Crown Mako mine, 105 Entertainment, N managed funds, 106–107 Nanosonics, 227 diversifying through, Merck, 224–225 146–152 Nasdaq Composite Index, Mercury NZ, 238 23, 27, 39, 41, 188

Index 333

Index.indd 332 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 333 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM oOh! Media, 62 PharmAust, 228 (NAB), 62, 74, 87, open-ended equity trust, phone brokers, 274–277 108, 139, 218–221, 245–246 264 Phosphagenics, 111 operating cash flow, 203 National Best Bid and placing orders, 169–171 Offer (NBBO), 170 Opthea, 227 political risk, 104–106 National Stock Exchange options trading, 213 PolyNovo, 227 of Australia (NSX), 32 Oracle, 131 portfolios, 57–58, 130–138 NBN, 219 order depth, 167 Poseidon, 73, 241 nearology, 242 Order Depth window, 167 pre-clinical testing/trials, Neff, John (fund orders, 168–174 226 manager), 200, 215, ordinary shares pre-open, 175–179 309–310 about, 217–218 Prescient Therapeutics, net tangible asset (NTA), buying blue chips, 227 135–136, 138, 203, 218–220 Price Information window, 245 industrial companies, 166 New York Stock Exchange 220–239 Price orders, 174 (NYSE), 31, 39 resource companies, price/earnings (P/E) ratio, , 223 239–244 66, 70–71, 104, Newman, Rob (CEO), 265 ore reserve, 242 131–134, 136–137, 199–200 NEXT DC, 131, 237 Origin Energy, 235–236 pricing, liquidity and, 67 Nine Entertainment, 236 overvalued, 103 primary market, 29–30, 33 non-financial risk, Oz Minerals, 92 113–118 private equity, 159 non-interest income, 222 private equity funds, 152 Northern Star, 223 P private investors, 37 Novion Property Group, pace, setting the, 165–167 Pro Medicus, 224, 264 90 Pacific Dunlop, 98 pro rata, 222 Nufarm, 74, 92 Pacific Equity Partners, 78 probable reserves, 242 Packer, James, 106 process homogenisation, O , 236 150 product risk, 96–98 Octaviar, 89, 90 Paradigm Biopharmaceuticals, profit upgrade, 75–76 Odell, Jamie (CEO), 120 227 profit warnings, 214 offer, 35, 164 partially franked profits, 15–18, 33, 7376, off-market transferring, dividends, 289 325–326 181 , 91–92 project risk, 101–103 Ogru, Esra (CEO), 111 passive investing, active Property Council of Oil Search, 62, 235, 243, investing vs., 148–151 Australia (PCA), 126 267 Perenti Global, 104–105 prospectus, 30, 34–35, online brokers, 274–277 Perreault, Paul (CEO), 265 182 Online Shopping Spree Mint Gold Quoted protection exchange- portfolio, 158 Product (PMG), 244 traded funds (ETFs), OnMarket.com.au, 187 petroleum, 240 257–258

334 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 334 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 335 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM proved reserves, 242 Resolute, 105 measuring, 82–83 Purged orders, 174 Resources sector, measuring volatility, put option, 87 239–244 83–84 retiree, 51 non-financial risk, return on equity (ROE), 113–118 Q 135 political risk, 104–106 Qantas Airways, 62, 120, Rhythm Biosciences, 229 product risk, 96–98 137, 230, 267 rights issues/warrants, project risk, 101–103 QBE Insurance, 218 166 reputation risk, 115–118 Qube Logistics, 90, 230, , 93, 94, 143, 153, risk-and-return theory, 267 223, 267 87 Quindells, 108 Rising Buy order, 173 sector risk, 110–111 Rising Sell order, 172 specific risk, 109–110 risk spreading (See R about, 81, 87–88 diversification) Rainmaker, 147, 152 agency risk, 112–113 technical analysis, 118–119 Raiz, 197 business risk, 94–96 technical risk, 100–101 Ramsay Health Care, 224, charting dividend 264, 266 changes, 119 valuation risk, 103–104 RCR Tomlinson, 102–103, climate-change risk, watching cash flow, 119 194, 295 114–115 risk tolerance, setting, REA Group, 63, 144, 236, commodity risk, 93–94 53–54 268 currency risk, 108–109 risk-and-return theory, 87 real estate investment defined, 82 risk-free assets, 86 trusts (REITs), 91, Royal Bank of Scotland, 148, 231–234 diversification and, 51–52 108 Real Estate sector, 140, elusive risk-free assets, Royal Commission 231–234 86 into Misconduct engineering risk, 101 recordkeeping, 301 in the Banking, expansion risk, 106–108 Reece, 230 Superannuation and financial risk, 89–92 Financial Services Regis Healthcare, 224 fraud risk, 111–112 Industry, 100, 117, Regis Resources, 78 218 gambling vs. investing, regulatory risk, 98–100 82–87 relationship management, guarding against, 20–27 283–284 S inescapability of risk, 85 Reliance Worldwide Sainsbury, Paul (CEO), 117 information risk, 118 Corporation, 230 Sandfire Resources, Remember icon, 4 institutional selling/ 116–117, 242 buying, 119–121 reputation risk, 115–118 Santos, 235, 267 legislative risk, 98–100 Reserve Bank of Australia Saputo, 79–80 liquidity risk, 94 (RBA), 25, 114 Saudi Stock Exchange, 39 manageability of risk, resistance level, charting, 85, 87 SCA Property Group, 233 204 market risk, 88–89 Scentre Group, 233 ResMed, 98, 144, 224, 264

Index 335

Index.indd 334 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 335 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM scheme of arrangement, tax-loss, 293–294 researching, 323 77 as traders, 209–210 small-cap, 268 Schwed, Fred, Jr. (author), trading day, 175–181 speculative, 268–269 280 turnaround situations, unique qualities of, 11 Scottish Pacific, 78 215 Shenzhen Stock secondary market, 35–38 watching index changes, Exchange, 39 second-liners, evaluating, 214–215 short-selling, 211–213 144–145 Senex Energy, 236 sideways trading, 67 sector risk, 110–111 Session State orders, 174 Sigma Healthcare, 74, sectors, selecting for settlement, final, 181 111–112, 224 buying stocks, Seven Group, 230 Sigma Pharmaceuticals, 138–140 SFE Corporation Limited, 111–112 Security Analysis (Dodd 32 Singapore Exchange, 39 and Graham), 310 Shanghai Stock Exchange, Sirius Resources, 73, 242 Security Holder Reference 39 Number (SRN), 284 Sirtex Medical, 120 share investing, 19–20 Seek, 144, 230, 236 SIX Swiss Exchange, 39 share portfolio, 52 Select Harvests, 231 Slater, Jim (investor), Share Price Index 200 (SPI 313–315 self-managed 200), 43 superannuation Slater and Gordon, 64, funds (SMSFs), 180, share prices, reasons for 107, 108, 194 201, 285 changes in, 65–80 small-caps, 144–145, 268 selling shareholder discounts, Smedley, Peter (CEO), 265 19–20 about, 163, 191 socially responsible sharemarkets analysing takeovers, investing (SRI) 213–214 about, 2 funds, 152 analysis, 198–205 crash of, 21–24 soft commodities, 93 averaging down/up, developed, 154 Sonic Healthcare, 194–197 emerging, 155 145, 224 brokers, 210 origins of, 31–32 Sons of Gwalia, 91, 119 CHESS, 188–190 prominence of, 13 South Sea Bubble contrarian investors, 215 by value, 39 investment, 34 finding markets, 164–168 shares S&P (Standard & Poor’s), 138 insider activity, 215–216 about, 14–15 S&P 500 index, 21, 23, 24, institutional, 119–121 buying back your own, 27, 42 investing vs. trading, 67–68 S&P Indices Versus Active 205–210 buying for returns, 17–18 (SPIVA), 150 as investors, 206–209 cyclical, 267–268 S&P/All Ordinaries Gold making trades, 168–174 defensive, 266–267 index, 139 preparing for, 191–197 how many to buy, Spark Infrastructure profit warnings, 213–214 138–146 Group, 238, 266 short, 211–213 markets, 16 Spark New Zealand, 236 to take tax a loss, 216 panicking and, 321–322 S&P/ASX 50 index, taxes, 216 profit vs. loss, 15–16 140–142, 144

336 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 336 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 337 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM S&P/ASX 100, 145 Staunton, Mike (author), 86 tax-advantaged S&P/ASX 200 Steadfast, 267 component, 232 Accumulation index, steel producers, 223 tax-deferred component, 40, 62, 84, 144–145, 232 Stemcell United, 73 148–149, 151, 153, taxes, 216, 285–301, 325 184, 201, 207, 214, Stevens, Dominic (CEO), 221, 230, 231–238, 265 tax-loss selling, 293–294 247 stockbrokers. See brokers technical analysis, 118–119, 203–205 S&P/ASX 300 Metals and Stockland, 233 Mining Index, 139 technical risk, 100–101 stocks. See shares S&P/ASX All Ordinaries Technical Stuff icon, 4 stop-loss, 209–210 Accumulation index, Telecommunications 3, 12, 40, 48–49, 83, straight investor, 51 Services sector, 140 145, 153 straight-through Telstra, 143, 170–171, S&P/ASX All Tech index, processing, 275 184, 207–208, 219, 237 strategy. See investment 220, 236, 265, 266 S&P/ASX Midcap 50, strategy Templeton, John 144–145 StreetTracks S&P/ASX 200 (investor), 317–318 S&P/ASX Small Ordinaries Fund, 249 themed exchange- index, 144–145 sub-underwriting, 187 traded funds (ETFs), SPDR, 249 Suncorp, 267 252–254 specialised stocks, SunRice, 231 Tilt Renewables, 238 244–258 support level, charting, time frame, setting, 53 specials, 37 204 Tip icon, 4 specific risk, 109–110 Switkowski, Ziggy TMX Group, 39 speculative stocks, 146, (CEO), 265 top-down approach, 130 268–269 Syama mine, 105 Toronto 35 Index speculator, 51 Airport, 230 Participation Fund SPI 200 (Share Price Index Sydney Futures Exchange (TIPs), 249 200), 43 (SFE) Corporation total subscriber lifetime sponsoring brokers, 185, Limited, 32 value (LTV), 134–135 284 Synlait Milk, 231 TPG Telecom, 219, 236, spot market, 43–44 237 spread, 166 trade history, 167–168 spreading risk. See T Trade History window, diversification Tabcorp, 234, 266 167–168 , 105 Taiwan Stock Exchange, TradeMatch, 36, 164 standard deviation, 82, 87 39 traders, 51, 205, 209–210 Standard & Poor’s (S&P), takeovers, 76–78, 213–214 trading 138 Taskforce on Climate as a business, 298–300 Related Financial Stanford Brown, 50, 65 estimating costs of, Disclosures (TCFD), Stanmore Coal, 236 179–180 114–115 Starpharma Holdings, 228 investing vs., 205–210 Tasminex, 73, 241 State Street Global making trades, 168–174 Tassal, 110, 231 Advisors, 249 on your portfolio, 57–58

Index 337

Index.indd 336 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM Index.indd 337 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM trading day, 175–181 Vamos, Steve (CEO), 134, Washington H Soul trading range, 67 265 Pattinson, 236 Trailing Buy order, 173 VanEck Vectors China water utilities, 237–238 New Economy ETF Webjet, 62 Trailing Sell order, (CNEW), 253 172–173 Wesfarmers, 62, 107, 220, VanEck Vectors 234, 264 Transferable Custody Morningstar Wide Receipts (TraCRs), Moat ETF (MOAT), Western Kingfish, 109 157 253 Westfield Holdings, 56, transferring off-market, Vanguard Australian 206 181 Shares Index Fund, Westpac, 62, 74, 108, 139, Transurban Group, 62, 147, 249 208, 218–219, 220, 230, 264 Vanguard International 221, 264 Treasury Wine Estates, Shares Index Fund, Where Are the Customers’ 76, 231 147 Yachts? A Good Hard Triumph of the Optimists Vanguard US Total Market Look at Wall Street (Dimson, Marsh and Shares Index ETF, (Schwed, Jr.), 280 Staunton), 86 149–150 Whitehaven Coal, 112, Trujillo, Sol (CEO), 265 Vicinity Centres, 90, 233 116, 236 Trumbull, George Viertel, Charles (investor), Wikramanayake, Shemara (executive), 265 315–316 (CEO), 265 turnaround situations, Viralytics, 224 Wilson, Peter (CEO), 265 215 Virgin Australia, 295 WiseTech Global, 131, 144, 237 Vita Group, 120 Woodside Petroleum, U Viva Energy, 187 235, 267 Vocus Comunications, 120 underwriter, 185–186 Woolworths, 94–95, 220, volatility, 60–61, 83–84, 231, 233, 266 unfranked dividends, 286 320–321 Worley, 235–236 unit trust. See managed Volkswagen, 117 funds volume, 167 United Malt, 231 unlisted equity trusts, 147 X Xero, 131, 133, 134, 237 Utilities sector, 140, 237–238 W Walter Scott Global Equity Fund, 147 Y V WAM Capital, 246 Yancoal Australia, 236 Warning icon, 4 Valé of Brazil, 93, 94 Warren Buffett Paradigm, valuation risk, 103–104 137–138 Z value, 167 Warrnambool Cheese & Z Energy, 236 value investing, 311 Butter (WCB), Zenith Energy, 78, 238 value stocks, finding, 79–80 , 92 135–138 wash sale, 294 Zoono, 72

338 Getting Started in Shares For Dummies, 4th Australian Edition

Index.indd 338 Trim size: 5.5 in × 8.5 in September 5, 2020 11:22 AM