18 Share Tips – 29 November 2021
John Anderson, Bell Potter Securities BUY RECOMMENDATIONS Mineral Resources (MIN) MIN provides integrated, innovative and low cost pit-to-port solutions across the mining supply chain. MIN also has several iron ore and lithium operations. While we’re forecasting further iron ore price volatility and reductions towards lower long term levels, we believe there’s exciting catalysts in the…
18 Share Tips – 22 November 2021
Tom Bleakley, BW Equities BUY RECOMMENDATIONS Mineral Resources (MIN) MIN has been sold down along with several other iron ore competitors. However, MIN is one of the world’s top five lithium producers. In the near term, it will re-start operations at the Wodgina Lithium mine in the Pilbara region of Western Australia. The Wodgina hard…
18 Share Tips – 15 November 2021
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Transurban Group (TCL) Apart from the Sydney Harbour Bridge, TCL owns all toll roads in Sydney and most of the toll roads in Victoria and Queensland. The share price of TCL should re-rate higher, as investors seek high quality infrastructure assets that are likely to benefit from an…
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,…
