18 Share Tips – 3rd July 2023
Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS BUY – Lovisa Holdings (LOV) This fashion jewellery and accessories retailer has generated strong sales growth on the back of persistent store growth across existing and new markets. Offering highly competitive price points is proving resilient. However, despite a relatively attractive position, we expect like-for-like sales…
18 Share Tips – 26th June 2023
Tony Locantro, Alto Capital BUY RECOMMENDATIONS BUY – Triangle Energy (Global) (TEG) The company’s Cliff Head oil field produced 53,871 barrels for the quarter ending March 31. TEG has farmed out 25 per cent of interests in exploration licences L7 and EP 437. It holds a 10.6 per cent interest in State Gas….
18 Share Tips – 19th June 2023
Jed Richards, Shaw and Partners BUY RECOMMENDATIONS BUY – Sandfire Resources (SFR) This copper producer is getting stronger as it delivers on its mine development plan. We applaud when management meets, or exceeds expectations. We also expect copper prices to improve during the next 12 months, which paints a bright outlook. The shares…
18 Share Tips – 12th June 2023
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS BUY – Mineral Resources (MIN) Weaker iron ore and lithium prices contributed to the share price falling from $96.28 on January 24 to trade at $68.48 on June 8. Recently, lithium and iron ore prices appear to be finding support. The share price of this diversified resources…
18 Share Tips – 5th June 2023
Mattew Lattin, Marcus Today BUY RECOMMENDATIONS BUY – Ventia Services Group (VNT) VNT is an essential infrastructure services provider in Australia and New Zealand. It reported strong fiscal year 2022 results, surpassing $5 billion in revenue for the first time. Net profit after tax and amortisation of $179.6 million was up 22.4 per…
18 Share Tips – 29th May 2023
Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS BUY – James Hardie Industries PLC (JHX) This building products company reported record global net sales of $US3.777 billion for the year ending March 31, 2023, an increase of 4 per cent on the prior corresponding period. Net profit after tax of $US512 million was up…
18 Share Tips – 22nd May 2023
Toby Grimm, Baker Young BUY RECOMMENDATIONS Westpac Banking Corporation (WBC) This bank has underperformed its major peers by an average of 33 per cent during the past five years. Following a better-than-expected 2023 half year result, we see attractive relative value and dividend yield. Cost pressures continue to be a major detractor, but…
18 Share Tips – 15th May 2023
Elio D’Amato, Stockopedia BUY RECOMMENDATIONS Macquarie Group (MQG) This diversified financial services company offers strong operating segments. We like the company’s outlook given growing demand for its cash products and an unwavering commitment to outperforming. The company recently announced a 2023 fiscal year net profit after tax of $5.182 billion, up 10 per…
18 Share Tips – 8th May 2023
Tom Bleakley, BW Equities BUY RECOMMENDATIONS Dropsuite (DSE) The company’s software platform provides cloud back up services and data protection. Annual recurring revenue of $28.2 million in the first quarter of fiscal year 2023 was up 66 per cent on the prior corresponding period and 11 per cent on the previous quarter. With…
18 Share Tips – 1st May 2023
Tim Haselum, Catapult Wealth BUY RECOMMENDATIONS Charter Hall Long WALE REIT (CLW) The trust was recently trading at a discount to net tangible assets. We believe the price offers an attractive entry point, and distribution yields also appeal. This trust invests in quality real estate assets that are mostly leased to corporate and government…
