18 Share Tips – 15th April 2024
Harrison Massey, Argonaut BUY RECOMMENDATIONS BUY – Whitehaven Coal (WHC) Whitehaven recently announced it had completed the acquisition of two metallurgical coal mines from the BHP Mitsubishi Alliance. The new assets are near WHC’s existing operations and should create synergies. The acquisition will enhance the company’s sales mix, with thermal and metallurgical coal…
18 Share Tips – 8th April 2024
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS BUY – Fortescue (FMG) The share price has fallen from its early February highs in response to weaker iron ore prices. But we expect iron ore prices to recover as the global growth outlook appears to be strong. The company generated increasing revenue and earnings in the…
18 Share Tips – 1st April 2024
Christopher Watt, Bell Potter Securities BUY RECOMMENDATIONS BUY – Woolworths Group (WOW) Shares in the supermarket giant have fallen from $37.51 on January 2 to trade at $33.25 on March 28. Sales moderated in the first seven weeks of the second half of fiscal year 2024 in response to lower inflation and a…
18 Share Tips – 25th March 2024
Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS BUY – Venture Minerals (VMS) The company recently announced the second stage of its resource definition drilling program had started at the Jupiter Rare Earths prospect in the mid-west region of Western Australia. This 300-drill hole program will provide the necessary data for a maiden resource…
18 Share Tips – 18th March 2024
Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS BUY – Jupiter Mines (JMS) The company previously released a strategy update, outlining a five-year plan to become the leading manganese producer in the world. The company has a long life, open pit manganese mine with an integrated ore processing plant in South Africa. Mining volumes…
18 Share Tips – 11th March 2024
Braden Gardiner, Tradethestructure BUY RECOMMENDATIONS BUY – ARB Corporation (ARB) ARB makes and supplies 4-wheel drive accessories to Australian and international markets. The company lifted sales revenue, profit after tax and earnings per share in the first half of fiscal year 2024 when compared to the prior corresponding period. The share price has risen…
18 Share Tips – 4th March 2024
Tony Paterno, Ord Minnett BUY RECOMMENDATIONS BUY – ResMed Inc (RMD) RMD makes medical devices to treat sleep apnoea. The company lifted revenue by 11 per cent on a constant currency basis in the second quarter of fiscal year 2024 when compared to the prior corresponding period. We also anticipate margin expansion as…
18 Share Tips – 26th February 2024
Angus Geddes, Fat Prophets BUY RECOMMENDATIONS BUY – Northern Star Resources (NST) Northern Star is a global gold mining company. The company posted a strong 2024 first half result. Record cash earnings of $702 million were up 50 per cent on the prior corresponding period. Revenue of $2.248 billion was up 15 per…
18 Share Tips – 19th February 2024
John Edwards, Novus Capital BUY RECOMMENDATIONS BUY – Perseus Mining (PRU) PRU is a profitable West African gold producer with three operating mines. PRU guided to second half gold production of between 226,000 ounces and 254,000 ounces in fiscal year 2024 at an all-in-sustaining cost of between $US1180 and $US1340 an ounce. The…
18 Share Tips – 12th February 2024
Christopher Watt, Bell Potter Securities BUY RECOMMENDATIONS BUY – Pilbara Minerals (PLS) The December 2023 quarterly activities update demonstrated Pilbara’s ability to remain profitable throughout the cycle. The lithium miner maintains a strong balance sheet to withstand any further declines in lithium prices. We expect the lithium market to recover in the long…
