18 Share Tips – 12th February 2024
Christopher Watt, Bell Potter Securities BUY RECOMMENDATIONS BUY – Pilbara Minerals (PLS) The December 2023 quarterly activities update demonstrated Pilbara’s ability to remain profitable throughout the cycle. The lithium miner maintains a strong balance sheet to withstand any further declines in lithium prices. We expect the lithium market to recover in the long…
18 Share Tips – 5th February 2024
Tim Haselum, Catapult Wealth BUY RECOMMENDATIONS BUY – Lynas Rare Earths (LYC) Revenue of $112.5 million in the second quarter of fiscal year 2024 was down on the first quarter in response to lower production levels and weaker rare earths prices. However, first feed of material from Mt Weld was introduced to the…
18 Share Tips – 29th January 2024
Jabin Hallihan, Morgans BUY RECOMMENDATIONS BUY – Sigma Healthcare (SIG) Sigma Healthcare has demonstrated share price strength since announcing a proposed merger with Chemist Warehouse Group Holdings on December 11, 2023. A merge will create a healthcare wholesaler, distributor and retail pharmacy franchisor. The proposed merger may unlock significant efficiencies and generate cost…
18 Share Tips – 22nd January 2024
Oliver Matthew, Marcus Today BUY RECOMMENDATIONS BUY – Webjet (WEB) This online travel agency posted impressive results in late 2023. The company’s WebBeds business was a standout, posting revenue of $171.8 million in the first half of fiscal year 2024, an increase of 50 per cent on the prior corresponding period. We expect…
18 Share Tips – 15th January 2024
Stuart Bromley, Medallion Financial Group BUY RECOMMENDATIONS BUY – Johns Lyng Group (JLG) This building services group operates in the restoration space in Australia and New Zealand. We expect an already strong pipeline of work to be bolstered from recent storm damage in Queensland and Victoria. Management has a history of exceeding expectations,…
Eight Top ASX Stocks for 2024
Finding undervalued stocks and identifying companies offering bright growth prospects are fundamental to rewarding investors. Today, four experienced sharemarket experts narrow down their selections to which stocks they believe should outperform in 2024 and why investors can consider adding them to their portfolios. Jed Richards, Shaw and Partners BHP Group (BHP) Richards regards…
18 Share Tips – 18th December 2023
Toby Grimm, Baker Young BUY RECOMMENDATIONS BUY – Treasury Wine Estates (TWE) The premium wine maker has been sold off after announcing a $US900 million acquisition of DAOU Vineyards and subsequent equity raising on October 31. DAOU is a luxury wine brand based in California. The shares have fallen from $11.98 on October…
18 Share Tips – 11th December 2023
Stuart Bromley, Medallion Financial Group BUY RECOMMENDATIONS BUY – PolyNovo (PNV) The company provides dermal regeneration solutions via its NovoSorb biodegradable polymer technology. PNV supplies more than 600 hospitals across the world, including the UK and the US. The huge Indian market provides an opportunity to increase market share. Total revenue of $66.5…
18 Share Tips – 4th December 2023
Tony Locantro, Alto Capital BUY RECOMMENDATIONS BUY – Saturn Metals (STN) High grade gold intersections have been reported at Apollo Hill in Western Australia, highlighting potential for the project to host areas of high-grade mineralisation. The current published mineral resource is 105 million tonnes at 0.54 grams a tonne of gold for 1.839…
18 Share Tips – 27th November 2023
Christopher Watt, Bell Potter Securities BUY RECOMMENDATIONS BUY – Rural Funds Group (RFF) RFF is a listed agricultural real estate investment trust. Its portfolio focuses on almond orchards, vineyards, cattle, cotton and macadamias. RFF was recently trading at a 38 per cent discount to its market net asset value. In our view, a…
