Question of the Week

Questions of the Week

Co-founder of the Switzer Report
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Question 1. Should I sell my IOOF shares now, or hang in?

Answer (by Paul Rickard). I legally can’t advise you to buy or sell IOOF (IFL) because I don’t know anything about your financial situation, investment objectives or particular needs. I can say that the risk on this company remains very elevated due to regulatory action. The current share price of $5.20 is above the analysts’ consensus target price of $4.99. Each of the 5 major brokers who cover the stock has a “neutral” recommendation.

Question 2. What has happened to Djerriwarrh (DJW)? It  keeps going down. If the trend continues, is this a sell?

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