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Fat Prophets

Fat Prophets

 Verified
Fat Prophets
4.1

386 reviews

Positive vs Negative
82%18%
Transparency ?
4.4
Rates and Fees
4.2
386 reviews
1 John L.  · Lost far more money then I would of if I had thrown a dart at a list of shares. felt like it was a bit of a scam.
5 Daniel K.  · Great weekly reports very detailed. Research is great and smart stock picking tips.
2 Brian  · Pedestrian – The service has fallen away ever since Roger Malik disappeared
1 Ecpaul  · Hey [Name Removed] you forgot a couple – Don't forget NXM (down 70 to 80% since the recommendation), PPS (still going down) and ABX. Like you I bought PAN.
5 Michael  · Excellent advice – I have been a member for over 10 years and have found the advice to be invaluable
4 alex mcmillan  · service review – happy with share reviews and contact with staff timely and informed
JJJ
JJJ13 posts
 

Worst financial mistake I ever made was investing with Fat Prophets. Their share picks lost me tens of thousands of dollars. Just look at their share prices as well, down since inception when the markets have been going gang busters. Don't invest with them.

Graham
GrahamNSW3 posts
 

Their sales guy today was extremely rude and would not let me speak even after I told him that I used to subscribe but did not want to anymore - then he just pressured and was rude.

David
DavidVIC
 

Ethically unsound practices – My dad was conned into buying this over the phone, and he has no idea how to use a computer. Wouldn't refund money after he couldn't even figure out how to logon. I have no idea if this companies products work or get results, but he literally doesn't know how to use a computer, which he told them, and they still talked him into a $3000 sale! Very poor ethics. Their invoice doesn't even have an invoice number to end to verify this review. Shocking

In-depth reviews

ROBERT
ROBERT
 

JUST A GOOD COMPANY – For those considering investing in the Australian Stock Exchange, I'd like to share an invaluable tip that comes from my nearly two-decade-long membership with Fat Profits. Over the years, I've found their information and services to be nothing short of exceptional. In particular, the insights shared by Angus Giddies and David have been… Read more

consistently outstanding.

Their reports are not just worth reading; they're essential for anyone navigating the complex world of stock investments. Paying attention to their recommendations has proven to be a game-changer for my own investment journey. In my extensive experience, I've interacted with a variety of companies in this field, and I can confidently state that Fat Profits stands out as the best in the business.

So, if you have an interest in shares and want to secure a reliable pathway to financial success, I strongly urge you to become a member of Fat Profits. Trust me, you can't go wrong with this decision.

Warm regards, Robert Horne

Mike
MikeWA2 posts
 

My opinion – I consider myself more a casual investor in the stock market. I am a long term member of Fat Prophets and have used their research and recomendations to generally decide on long term stocks that has helped me build up a healthy portfolio. Of course not everything has been a success, but overall it has gone the right way, and Fat Prophets allows me… Read more ·  1

to see the potential risk with each and allow me to make my own call on that. I find their recommendations are well researched. I enjoy reading the bulletins and especially their opinions. I find that they are prepared to put their opinions out there (and readily admit when they get it right or wrong) whereas a lot of others are far less commital and don't add that value for fear of being wrong and having it held against them. I confess that at the start there were common terms that I didn't fully understand or appreciate, but through the regular bulletins and recomendations I have learnt a lot. They have provided exactly what I wanted and needed.

Peter
PeterWA
 

Sorting my SMSF – I use a variety of reading to align my thinking with my SMSF and recently have differentiated those pushing their products against those providing balanced commentary. Sadly, there are more of the former. Amongst my reading is the Fat Prophets Daily FatChat, Friday fatWRAP, and I listen in on the Weekly members Fat Prophets Webcast (Thursdays)… Read more ·  1

comparing the commentary with nine other paid subscription services. This is to train myself to succeed with my SMSF.

I am now at a point where I am discontinuing or rationalising my financial information sources and Fat Prophets will be one of my retentions.

Additionally, I have joined their ‘Portfolio Review Service’ for my annual portfolio review; firstly to baseline my portfolio against the Fat Prophets team’s advice and, then to continue my own SMSF restructure/ improvement/ management with the aid of personalised advice.

Bottom line – I'm satisfied that Fat Prophets provides balanced and timely advice with additions like the ‘Mid-week alert’ - I have personally compared that advice with a decent number of others (my investment in sorting the chaff from the wheat).

Happy with Angus’ sign off of ‘Carpe Diem’ or ‘seize the day’ - as it is what I had to do to take charge of my own financial future – so far reaping the benefits. You could do worse than subscribing to Fat Prophets

Positive reviews

J. D'Alessandro
J. D'Alessandro
  Verified

Excellent broad explanation of the Overseas and local markets daily – Been a member for 3 years, after being recommended to this newsletter by a senior Fund Manager. I must say that the daily reports and specific shares reports are highly professional, detailed and much to learn from, far superior to many other newsletters that I have been subscribing to the pasts. If you have a serious position on the share market,… Read more

then, the knowledge expressed daily by Fat Prophets is critical to forming a judgement of one's position in the market

Stuart Kenaly
Stuart KenalyNSW2 posts
 

Very good addition to your knowledge armory – Subscribing to Fat Prophets for me has been advantageous for gaining insight and knowledge about investing. I'm not a huge investor by any means but I have followed their recommendations and so far so good! I've managed to get my portfolio back into profit territory. My days of blindly investing on a hunch are gone. Show details

Mark
MarkQLD
 

Consistently good recommendations and friendly people – Ive been a subscriber of Fat Prophet's stock market research for many years now and really value the various reports and stock recommendations. Ultimately, I make my own decisions, but their research helps me make an informed investment. The individual stock reports are excellent (out weekly), then there are the daily newsletters and the weekly… Read more

podcasts if you want more. Ive also found the staff always friendly and happy to help with whatever it is you need. Not all things go to plan, but overall they seem to get the advice right most of the time.

Negative reviews

Ryan R.
Ryan R.New South Wales4 posts
 

They seem a little shady! – They seem a little shady as all they have is a team that pushes too much to complete the sales. Their report is great but I really don't like the pushy sales technique that they have.

Bill
BillWA3 posts
 

Fat Losses – Been with them for 2 years and have never lost so much money .I admit some were speculative but one would not expect a company to go into recievership 4 weeks after it was a buy.PAN. It seems they put buy ratings on at any time regardless of the price .WDS was a buy and then it tanked 30% Im still waiting for their gold boom to happen but i am… Read more

down so much on them Ill be happy if I break even Edit 2 May 25 They were correct in calling the gold price and their reccomendations in that sector were good

Blkdon48
Blkdon48QLD5 posts
 

Buyer Beware if you want a refund – If I could leave a zero rating I would. Been trying for refund since beginning of January, still no refund and won’t reply. Buyer beware. Take funds instantly, but 4-6 week refund? Now 8 weeks no refund. Off to financial ombudsman.

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Recent reviews

Patrick
PatrickQLD3 posts
 

Biggest loses I have ever experienced – I was stupid enough to sign up after being burnt badly the first time, by these so call professionals. I have lost more money through their recommendations than I ever did doing my own research. This year alone I have lost large amounts of money buying NML, PAN on their recommendations only to seen them go into administration and lose the lot. … Read more

The rest of the recommendations I took from FP has now my entire portfolio sitting 70% in the red. Never ever again, I am more than capable of losing my own money, let alone paying FP a fee each year to do the same. I refuse to now take their calls because I don't believe a word that comes out of their mouths. Absolutely disgraceful

Paul G.
Paul G.WA9 posts
 

Floggers not stock pickers – They concentrate their stock selections on a narrow field and get it mostly wrong. They are over-priced for what they are offering, from my experience with other providers, I simply do NOT see the value. Stock reports should at least get it right more often than they get it wrong, afterall that is what you're paying for, right? Dont't waste your… Read more

hard earned money, unless you are looking for a little insight on a narrow field of "their stock favourites".

Ray
RayNSW
 

Cancelled my Subscription But they continued to charge my Bank for more than a year – I cancelled my subscription more than a year ago and confirmed this by ringing them today and asking if any of my account is active. They confirm none of my account is active but when I checked my bank statement they have continued to debit my bank every month for more than a year. When I rang and ask them they are saying someone will ring me. Still waiting.

BARRY
BARRYNSW2 posts
 

Specific when needed – Whilst Fat Prophets offers valuable information across a wide spectrum of the stock market they also offer the flexibility to zero in on sectors which provides real value to the specialist investor. Show 2 replies

Alan
AlanNSW2 posts
 

A valued source of market information – Wide-ranging and in depth information on financial markets, by email daily and at any time through the website. I have been a member for many years and recommend Fat Prophets to serious investors. Show reply

Rodger
Rodger
 

Daily FatChat – I have been a subscriber to Fat Prophets for several years. The daily FatChat by Angus Geddes provides an excellent summary and interpretation of overnight activity in the main markets. I use it for information only as I am an investor but not a trader. Good value. Show reply

Ietje B
Ietje BVIC2 posts
 

Happy Investor – I have subscribed to Fat Prophets for many years and have always found their weekly webinars informative and enjoyable and sometimes financially rewarding. I would recommend them to anyone starting out on their investing journey. Show reply

Frank
Frank
 

Do yourself a favour!! – As a long-time member of Fat Profits, I can honestly say their research is excellent, easy to follow, and has been very rewarding for me. Anyone thinking of trading these days should consider Fat Profits because in my view you certainly will not be disappointed. Show reply

Arthur
ArthurQLD2 posts
 

On time perspective as it happens – I have been a member for over 10 years and have found the information and services provided excellent. This allows me to make very informed decisions about my investments, but also provides very timely information from around the world and other bigger markets than Australia. This membership will continue to be my daily go to and I follow the webinars when I am available. Show details ·  1

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Mark
MarkVIC3 posts
 

Happy customer – I have been subscribed to Fat Prophets for four years and find the service genuine, informative and fantastically researched. The daily fat chat are great reading, and combined with the webinars keep you up to date with macro and all the information of the day. Keep up the good work !! Show reply

Vinod N.
Vinod N.WA2 posts
 

Good quality, well researched publication – I enjoy reading the daily bulletin by Angus, better than reading the Financial review, which I also subscribe to. The bulletin has a lot of information and Angus is always the first to admit when things don’t go the way he expected, like so far this year, when we were all expecting a significant correction, but such is the way with the markets. … Read more ·  1

I have been a member for well over 10 years and will continue being one for the foreseeable future.

Overall, I am happy with Fat Prophets. A good publication at a reasonable price.

Vinod Nasta

Thomas
Thomas
 

Great value – After being a member of many other companies I subscribed to Fatprophets probably a year ago. Before Fatprophets, I had my fair share of winners and losers, with mixed results. Being a client means not only I got up-to-date info about daily stuff, but I know what the main trends are for this year. The number of winners finally started to grow, hehe Webinars are great, their website is also easy to navigate Show reply

Wiggy
Wiggy
  Verified

Good Advice and Service – I like the substantial research, detail and advice given to members so that informed decisions can be made. I major on the oil & gas and mining industries and keenly watch the mid week alerts. I have not always made use of them but they certainly stand out and I really like the overall market advice going forward. Very valuable advice that I take seriously. Show reply

Phil Hall
Phil HallQLD
 

Satisfied Client – I subscribed to FP many years ago when I was establishing my SMSF. I had previously made a couple of poor choices with my investments and turned to FP to provide me with the confidence to improve my investment choices. Most of the recommendations have been very good, some outstanding and a handful that were not so great. Overall I am very satisfied with the service and have recently extended my membership. Show details ·  1

Honndogg
Honndogg
 

Keeping Grounded – Hi everyone I have used Fat prophets for many years and find the future forecasting and daily emails a staple of my investing reflections and guide to my buying of shares around the world including Australian mining were I react to their stock alerts quickly and make some good money at times. I recommend this service as a base for independent investors and their many other services for peace of mind which is very important to me Show details ·  1

Richard
RichardWA2 posts
 

Takes the hard work out of picking share market winners – The research provided by fat prophets makes it easier to pick companies to invest in. You can follow companies over a period of time before making an investment or you can jump straight in. The mid-week alerts also provide live feedback that help decision making. Show reply

Paul G.
Paul G.QLD2 posts
 

Long term client – I have been a long term Fat Prophets client. My motivation is to have readily available "researched" opinion on market activity and conditions available daily without wading through volumes of information. The daily fat Chat does that for me. I wouldn't keep paying if it wasn't good value. Show details ·  1

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