18 Share Tips – 18 July 2022
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS Mineral Resources (MIN) We aren’t as excited about lithium stocks compared to others in the market, but they can be good to trade on a short-term basis. Recently, MIN fell below its February low, before bouncing strongly again. From a charting perspective, this can be bullish, and we believe…
18 Share Tips – 11 July 2022
Elio D’Amato, Spotee Connect BUY RECOMMENDATIONS Dreadnought Resources (DRE) The share price of this multi commodity explorer has been resilient despite smaller market capitalisation stocks retreating in recent months. Behind its resilience is a quality management team and news flow. Investors are waiting on assay results from the Tarraji-Yampi and Illaara projects and updates from…
18 Share Tips – 4 July 2022
Philippe Bui, Medallion Financial Group BUY RECOMMENDATIONS Goodman Group (GMG) This integrated commercial and industrial property group upgraded impending fiscal year 2022 results. It lifted earnings per share guidance to 23 per cent. The share price is off its year highs in response to investor concerns regarding rising interest rates possibly impacting margins. The…
18 Share Tips – 27 June 2022
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Bubs Australia (BUB) This infant nutrition and dairy specialist has upgraded fiscal year 2022 guidance. It expects gross revenue to exceed $100 million in the absence of disruption to operations. It expects underlying EBITDA to increase at least 100 per cent on the $1.2 million reported in the…
18 Share Tips – 20 June 2022
Braden Gardiner, Tradethestructure.com BUY RECOMMENDATIONS West African Resources (WAF) This unhedged gold producer is one to watch in this uncertain market, as buyers continue to brush aside recent selling pressure. The share price has risen steadily from lows around 40 cents in March 2020 to trade at $1.265 on June 16. My technical analysis suggests that…
18 Share Tips – 13 June 2022
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS Whitehaven Coal (WHC) Coal prices are expected to remain high due to supply constraints, and we expect this will flow through to WHC’s earnings. Despite big share price increases this year, the strong uptrend looks sustainable, as there’s no signs of it slowing at this point. Santos (STO) We…
18 Share Tips – 6 June 2022
Tony Locantro, Alto Capital BUY RECOMMENDATIONS Maronan Metals (MMA) MMA is a spin out from company Red Metal. The Maronan Project is an exploration play, targeting copper, gold, silver and lead mineralisation at Mount Isa in Queensland. Drilling will target additional shallow resources. Deeper drilling is aimed at finding a tier 1 deposit. The…
18 Share Tips – 30 May 2022
Elio D’Amato, Spotee Connect BUY RECOMMENDATIONS OFX Group (OFX) This global provider of international payments and foreign exchange services is forecasting net operating income (NOI) of between $200 million and $212 million in fiscal year 2023. In its latest full year result, it achieved 25 per cent record growth in NOI to $147 million, which…
18 Share Tips – 23 May 2022
Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS Dotz Nano (DTZ) The share price of this technology company has fallen from 45.5 cents on January 5 to trade at 29 cents on May 19. Cash burn appears to have spooked investors. DTZ needs to increase operational revenue to build investor confidence. An agreement with Theracell Labs…
18 Share Tips – 16 May 2022
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Jaxsta (JXT) Jaxsta has built a comprehensive music credit platform. We expect JXT to benefit from US music licensing company Songtradr investing in JXT and from appointing Beth Appleton as chief executive officer. JXT is fully funded, and has committed to cutting operating costs by $1.5 million in…
