18 Share Tips – 8 November 2021
Chris Batchelor, Spotee Connect BUY RECOMMENDATIONS Codan (CDA) Codan produces metal detectors and communications equipment. Codan has grown into a global business. Revenue has significantly increased in the past five years to $437 million in fiscal year 2021. Statutory net profit after tax of $90.2 million is up 41 per cent on the prior corresponding…
18 Share Tips – 1 November 2021
Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS Latrobe Magnesium (LMG) LMG is one of the few ASX listed stocks with exposure to the burgeoning magnesium market. The Latrobe Valley magnesium project is advanced and the demonstration plant is expected to produce by the end of 2022. The company plans to sell magnesium to Australian, US…
18 Share Tips – 25 October 2021
John Anderson, Bell Potter Securities BUY RECOMMENDATIONS Goodman Group (GMG) GMG is a global industrial property group. The long term outlook for industrial and logistics properties is favourable given the continuing growth in e-commerce and a growing middle class in developing countries. With more than $5 billion of pre-committed work in progress and exposure to…
18 Share Tips – 18 October 2021
Elio D’Amato, Spotee Connect BUY RECOMMENDATIONS HRL Holdings (HRL) HRL is a profitable laboratory services provider. It generates positive operating cash flow and is targeting between $45 million and $50 million in what it terms industry leading margins by fiscal year 2024. Former chief executive of ALS Limited Greg Kilmister chairs HRL and knows the…
18 Share Tips – 11 October 2021
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Hotel Property Investments (HPI) HPI owns hotels in Queensland and South Australia. It recently acquired another in Melbourne. HPI recently raised $50 million from an institutional placement, so it will have sufficient funds to acquire other attractive properties if they arise. It can comfortably pay a dividend yield…
18 Share Tips – 4 October 2021
Tom Bleakley, BW Equities BUY RECOMMENDATIONS Ramelius Resources (RMS) The company’s share price has drifted lower with the physical gold price. The company reported a statutory net profit after tax of $126.8 million in fiscal year 2021, up 12 per cent on the prior corresponding period. Ramelius had about $234 million in cash and gold…
18 Share Tips – 27 September 2021
Chris Batchelor, Spotee.com.au BUY RECOMMENDATIONS AVA Risk Group (AVA) The company announced the sale of its services business and a capital return to shareholders of 16 cents a share. The existing technology business was recently trading on an undemanding price/earnings multiple of about 11 times. Revenue and other income grew significantly in fiscal year 2021,…
18 Share Tips – 20 September 2021
Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS Macquarie Group (MQG) This well managed group offers a diversified global business model. MQG has a strong balance sheet. It has tens of billions of dollars in equity and assets under management. The company is poised to grow in a global low interest rate environment. Positive momentum favours…
18 Share Tips – 13 September 2021
John Anderson, Bell Potter Securities BUY RECOMMENDATIONS Aristocrat Leisure (ALL) Aristocrat generates revenue from leasing and selling poker machines to venues. It also continues to invest in expanding its digital gaming pipeline. It has a dominant market position in North America. Aristocrat is included in our top 10 recovery stocks post COVID-19. The share price…
18 Share Tips – 6 September 2021
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Flight Centre Travel Group (FLT) The progress of corporate and leisure travel in the northern hemisphere has been most encouraging. Flight Centre is poised to be one of the biggest beneficiaries of this encouraging trend once Australia opens up more to increasing domestic and international travel. The share…
