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Michael Thompson: Welcome to Ask Fear and Greed, where we answer questions

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Michael Thompson: about business, investing, economics, politics, and more. Are Michael Thompson

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Michael Thompson: and hello, Sean Aylmer.

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Sean Aylmer: Hello Michael.

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Michael Thompson: Sean, today's question is all about investing. Right. What are

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Michael Thompson: the best and worst performing stocks over the last year?

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Michael Thompson: But there's a little bit extra to this. I want

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Michael Thompson: to know about the ones that have plenty of retail shareholders,

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Michael Thompson: plenty of kind of mum and dad investors, the ones

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Michael Thompson: that are, kind of, the household names really, aren't they?

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Sean Aylmer: A very end of financial year question, Michael. Like it.

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Michael Thompson: Timely.

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Sean Aylmer: Last financiall year was pretty incredible because I think the

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Sean Aylmer: two most widely held stocks. When you say widely held,

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Sean Aylmer: it means the most number of investors, were two of

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Sean Aylmer: the best performing stocks on the market. That you have

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Sean Aylmer: to be able to guess that, Michael, Otherwise.

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Michael Thompson: I'm assuming Telstra.

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Sean Aylmer: Yeah, yeah, one point one million and eight hundred thousand shareholders.

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Sean Aylmer: The relief, the.

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Michael Thompson: Pressure anytime you ask me a question in the studio,

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Michael Thompson: I don't know what it is. Just as my hands

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Michael Thompson: start to sweat, my heart rate goes up. It is

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Michael Thompson: just like being back at school or university.

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Sean Aylmer: So Telstra has got one point one million shareholders. It

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Sean Aylmer: had about one point four million back in two thousand

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Sean Aylmer: and six when the final tranche of Telstra was sold.

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Sean Aylmer: Sold over a ten year period in three tranches, you

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Sean Aylmer: actually picked up shares relatively cheap. That's why so many

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Sean Aylmer: people have them. Now got one point one million shareholders

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Sean Aylmer: and a phenomenal performance over the past twelve months, up

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Sean Aylmer: about thirty percent. Now interesting about Telstra, it's got a

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Sean Aylmer: lot of mum and Dad shareholders, but it's actually got

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Sean Aylmer: some really big shareholder as well. Like the Future Fund

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Sean Aylmer: holds a stack of shares. So that is to stand

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Sean Aylmer: out one in terms of numbers. But I think the

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Sean Aylmer: second largest in terms of the number of investors is

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Sean Aylmer: come Off Bank about eight hundred thousand. It of course

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Sean Aylmer: has had a cracking year up not that far off

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Sean Aylmer: fifty percent. We're spaking a lot about conn Wealth. But

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Sean Aylmer: we don't have to talk about them anymore, do we.

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Michael Thompson: All we know is that they just keep going up

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Michael Thompson: and up and up and up. But can I just

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Michael Thompson: ask when you mentioned these, when you say, say eight

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Michael Thompson: hundred thousand shareholders, that's not necessarily including then everyone who

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Michael Thompson: perhaps owned Commonwealth Bank shares through their superannuation.

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Sean Aylmer: Right, so mostly I might have my I might have

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Sean Aylmer: Commonwealth Bank shares in my own name, but then my fund, ye,

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Sean Aylmer: my super fund will have it in its name. So

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Sean Aylmer: that doesn't I don't get counted twice.

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Michael Thompson: Okay, So but it does mean that there are potentially

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Michael Thompson: a whole lot more people that have invested interest in

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Michael Thompson: Commonwealth Bank going well.

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Sean Aylmer: Yeah, but that's across the board. The other one, which

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Sean Aylmer: is really interesting the last twelve months is Quantas. Quantus

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Sean Aylmer: has a lot of shareholders, like it's been really popular

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Sean Aylmer: stock over the or different times over the years, up

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Sean Aylmer: more than seventy percent. Think about Quantus, which is sort

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Sean Aylmer: of interesting. You would think there'd be a bunch of

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Sean Aylmer: really big shareholders in that. There's not Pendles big shareholder.

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Sean Aylmer: I think it's got about five percent or something or other.

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Sean Aylmer: Otherwise there's not like a really dominant player in the

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Sean Aylmer: Quantus shareholding, which is interesting. The next one in line,

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Sean Aylmer: you have to think about it. This is a test

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Sean Aylmer: any thoughts used to be used to be an insurance company?

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Sean Aylmer: Used to be well, no, no, it is an insurance company.

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Sean Aylmer: I'm giving it away, an't I iog? Yes? One of

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Sean Aylmer: my badside assistance.

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Michael Thompson: Oh good.

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Sean Aylmer: Yeah, it's the former NRMA business in New South Wales.

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Sean Aylmer: It demutualized from the road service in two thousand and

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Sean Aylmer: two became IAG. It's probably got about five hundred thousand shareholders.

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Sean Aylmer: It is not actually easy to find these numbers.

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Michael Thompson: I was going to say, these are they are? They

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Michael Thompson: are tricky numbers to actually ascertain, aren't.

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Sean Aylmer: Yeah, yeah, totally and they don't. I mean, come off

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Sean Aylmer: Bank does and Telstra does, but IAG wasn't easy to find.

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Sean Aylmer: Quantus wasn't easy to find. So I'm guessing iog's about

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Sean Aylmer: five hundred thousand north of that. They a lot of

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Sean Aylmer: the roadside assist members kind of came across and got

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Sean Aylmer: shares as part of that. That's why they've got so

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Sean Aylmer: many id share price up thirty four percent over the

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Sean Aylmer: past twelve months. A bunch of really well performing stocks JB,

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Sean Aylmer: High Fi, Brandble Zero not that widely held though, so

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Sean Aylmer: I would say in order Telstra, Commwealth Bank. I don't

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Sean Aylmer: know where nab A and Z and West Packford in

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Sean Aylmer: because they're around this as well. But IAG in quantas.

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Michael Thompson: Just very quickly because we are running out of time.

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Michael Thompson: What about the flip side the stocks that haven't done

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Michael Thompson: so well and probably actually also have a pretty significant

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Michael Thompson: number of investors who would potentially be quite disappointed.

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Sean Aylmer: Yes, look, stand out, there's BHP, probably tops of list

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Sean Aylmer: most mums and dads investors that's been disappointed over the

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Sean Aylmer: last year. It's share price down about fifteen percent. Another

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Sean Aylmer: one which might be a bit of a surprise is

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Sean Aylmer: South thirty two, the diversified minor, but that was spun

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Sean Aylmer: out of BHP's A lot of BHP shareholders ended up

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Sean Aylmer: South thirty two shares, so it's down about twenty percent

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Sean Aylmer: out of the past twelve months, so that hasn't done

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Sean Aylmer: so well. The other contender is CSL. It's Australia's third

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Sean Aylmer: largest company. Doesn't really have the same number of shareholders

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Sean Aylmer: as the big banks and minors in Telstra, but it's

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Sean Aylmer: been really popular with smaller investors where it was up

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Sean Aylmer: until a couple of years ago. Its share prices is

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Sean Aylmer: down about twenty percent, so the duds so to speak,

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Sean Aylmer: in terms of mums and dads, retail investors, BHP, CSL,

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Sean Aylmer: South thirty two.

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Michael Thompson: It's a very good time to remind everybody that we

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Michael Thompson: are not an investing podcast and you should seek professional

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Michael Thompson: advice before making investment decisions. It also reminds me, actually,

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Michael Thompson: do not let me forget, because I want to ask

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Michael Thompson: you in another episode of Ask Fear and Greed about

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Michael Thompson: agms annual general meetings, because I mean, they get quite

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Michael Thompson: interesting when you've got one point one million shareholders and

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Michael Thompson: trying to do.

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Sean Aylmer: Those, and I know there was a lot going for

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Sean Aylmer: the scones.

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Michael Thompson: Yeah, indeed, And I want to talk to you then

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Michael Thompson: about kind of why it matters, why agms are important,

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Michael Thompson: why shareholders should if they can, kind of pay attention

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Michael Thompson: to those. But we'll do that on another one. Thank

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Michael Thompson: you very much, Sean.

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Sean Aylmer: Thanks Michael.

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Michael Thompson: If you've got your own question, jump onto the website Fearangreed,

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Michael Thompson: dot com dot au send it on through there, any

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Michael Thompson: of the social media platforms are Michael Thompson gonna stay

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Michael Thompson: Ask Fear and Greed