Share Doctor

But the war is gonna be like Venuzela, right, right?

Ive never traded this stock, saw it at $483, don't really have anything in common with MCB (Double Bay Jesus), but...Im going to dip my Birkenstock Good Friday toes in this week.

Fundamentally, its a buy for me, I dont believe AI will capture this business anytime soon (feel free to disagree with logic).

Technically, there is uncertainty, until $93, on the bull case, but for a quick trade $82 to $100 seems a right amount of risk/reward.

Stop loss just under $75, quite tight for me.

Buying again in the $60s, if this plan fails, all things being equal.

Hot Oil prices could be the Minsky Moment of 2026.
Diesel is 35% more expensive today in Canberra, than Feb 1 2026.
Remember the inflation when Russia invaded Ukraine?
We had a bear market in 2022 that lasted over 9 months.
Why?
Because inflation in oil leads to inflation in fruit, avocados, etc as transport costs increase around the globe.
This leads to higher interest rates, as workers demand higher wages to keep fuel in the tank, & pay for groceries.
There are only 3 fundamental drivers of share prices, & the last, Earnings per Share would have to grow massively to offset increased interest rates & inflation.
Unless the war finishes abruptly, & I think that unlikely, (Gaza & Ukraine didn't), we are in for a rollercoaster.
Google what happened at Blackrock on Friday to get that Lehman Brothers vibe. Private Credit Funds could be the canary in the coal mine.

SERVO is Ozzie for fuel station or gas station, for our overseas friends.

Glad I bought ASX last week.
Not so confident about non-oil plays on Monday. A Red Sea.