18 Share Tips

weekly share tips

18 Share Tips – 27th May 2024

John Edwards, Novus Capital    BUY RECOMMENDATIONS   BUY – Meteoric Resources NL (MEI) The company recently upgraded the resource estimate for its Caldeira rare earth element project in Brazil after completing additional infill diamond and aircore drilling. The global mineral resource now stands at 545 million tonnes at 2561 parts per million total rare…

weekly share tips

18 Share Tips – 20th May 2024

Mattew Lattin, Marcus Today   BUY RECOMMENDATIONS   BUY – Perseus Mining (PRU) PRU operates gold mines in West Africa. The company had available cash and a bullion balance of $US702 million at the end of the 2024 March quarter. It had $US74 million in listed securities and no debt. Average gold sale prices increased…

weekly share tips

18 Share Tips – 13th May 2024

Toby Grimm, Baker Young   BUY RECOMMENDATIONS   BUY – Worley (WOR) Major shareholder Sidara, formerly Dar Group, recently sold 19 per cent of Worley stock. The underwritten block trade ends an extensive and potential takeover play. The transaction doesn’t impact WOR’s operations or valuation. Recent share price weakness presents an opportunity to buy a…

weekly share tips

18 Share Tips – 6th May 2024

Dylan Evans, Catapult Wealth   BUY RECOMMENDATIONS   BUY – Charter Hall Long WALE REIT (CLW) CLW is a diversified real estate investment trust. A key attraction is a quality property portfolio with an occupancy rate of 99 per cent. An average lease expiry of 10.8 years provides long term income security. Office exposure is…

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18 Share Tips – 29th April 2024

Jabin Hallihan, Auburn Capital    BUY RECOMMENDATIONS   BUY – Iluka Resources (ILU) ILU is a global critical minerals company and a leading producer of zircon and high-grade titanium dioxide feedstocks. ILU is set to become a material supplier of separated rare earth oxides. Supported by a robust balance sheet and strategic expansion, ILU is…

weekly share tips

18 Share Tips – 22nd April 2024

Tony Paterno, Ord Minnett   BUY RECOMMENDATIONS   BUY – Generation Development Group (GDG) We retain a bright outlook given GDG is a market leader in Australia for gross inflows into investment bonds. We view the flow outlook positively, with superannuation reform and an ageing population providing a significant tailwind for investment bond demand in…

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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…

weekly share tips

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…

weekly share tips

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…

weekly share tips

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…