18 Share Tips – 27th March 2023
Philippe Bui, Medallion Financial Group BUY RECOMMENDATIONS XRF Scientific (XRF) Recent half year results from this equipment and chemicals manufacturer were impressive. Sales revenue of $27.1 million was up 46 per cent on the prior corresponding period. Net profit after tax of $3.7 million was up 34 per cent. The capital equipment part of…
18 Share Tips – 20th March 2023
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS Newcrest Mining (NCM) We’ve been positive on gold stocks for the past few months, and still believe NCM is a buy at current levels. The share price has been trending higher since September 2022 and we expect it to continue moving forward. Any fall in the US dollar…
18 Share Tips – 13th March 2023
Arthur Garipoli, Seneca Financial Solutions BUY RECOMMENDATIONS Johns Lyng Group (JLG) The company provides insurance building and restoration services in Australia and the US. First half 2023 group sales revenue of $635.6 million was up 71.2 per cent on the prior corresponding period. Catastrophe work significantly contributed to group revenue. Other divisions were also…
18 Share Tips – 6th March 2023
Braden Gardiner, Tradethestructure BUY RECOMMENDATIONS Ainsworth Game Technology (AGI) The gaming machine company delivered revenue of $124.1 million for the six months ending December 31, 2022. Revenue was up 23.4 per cent on the prior corresponding period. Underlying profit before tax, adjusted for currency impacts and significant one off items outside ordinary business activities,…
18 Share Tips – 27th February 2023
Damien Shaw, Marcus Today BUY RECOMMENDATIONS Carsales.com (CAR) CAR is Australia’s biggest online automotive classified advertising company. First half 2023 results mostly met market expectations. Strong revenue growth across all divisions was assisted by CAR’s dominant market position and investment in technology. Appealing to a huge audience of online automotive buyers and sellers lifts inventory…
18 Share Tips – 20th February 2023
Tony Locantro, Alto Capital BUY RECOMMENDATIONS Proteomics International Laboratories (PIQ) The company’s PromarkerD test can predict future kidney function decline in patients with type 2 diabetes, and with no existing diabetic kidney disease. PIQ and Sonic Healthcare’s American division are working towards achieving a successful rollout of PromarkerD across the US. A letter of intent…
18 Share Tips – 13 February 2023
Tom Beakley, BW Equities BUY RECOMMENDATIONS IperionX (IPX) IPX recycles titanium from scrap material. This reduces the cost and carbon footprint compared to traditional manufacturing processes. IPX manufacturing is based in the US. Titanium is a critical metal used in numerous military and consumer applications. IPX recently announced it would be producing parts for the…
18 Share Tips – 06 February 2023
Harrison Massey, Argonaut BUY RECOMMENDATIONS AIC Mines (A1M) AIC Mines owns and operates the Eloise copper mine in Queensland. Eloise is a high grade underground mine with a 26-year operating history. The company recently increased its mineral resource to 115,000 tonnes of contained copper and 101,100 ounces of contained gold. A1M bought an adjacent exploration…
18 Share Tips – 30 January 2023
Arthur Garipoli, Seneca BUY RECOMMENDATIONS Pilbara Minerals (PLS) In the December quarter, PLS delivered a 10 per cent increase in spodumene concentrate production compared to the September quarter. Unit operating costs were down 5 per cent and shipments were up 8 per cent. The company’s cash balance rose by 62 per cent to $2.226 billion….
18 Share Tips – 23 January 2023
Tim Haselum, Catapult Wealth BUY RECOMMENDATIONS Telstra Group (TLS) Telstra is the dominant telecommunications player in Australia. Asset sales have reduced debt. It increased its dividend and forecast earnings growth should be met. The company has forecasted total income of between $23 billion and $25 billion in fiscal year 2023. The company is a fierce…
