18 Share Tips – 5 October 2020
Julia Lee, Burman Invest BUY RECOMMENDATIONS BlueScope Steel (BSL) Australia’s largest steel maker is a global leader in coated and painted steel products. Housing is a key driver of steel demand. Detached housing starts in Australia were up 5 per cent in July. Government support for the building industry provides stimulus. Steel spreads appear to…
18 Share Tips – 28 September 2020
Stuart Bromley, Medallion Financial Group BUY RECOMMENDATIONS Pro Medicus (PME) This medical imaging IT provider continues to win big contracts in the US. It recently signed a $25 million deal with NYU Langone Health over seven years. In June, PME announced it had signed a $22 million deal with Northwestern Memorial Healthcare over five years….
18 Share Tips – 21 September 2020
Tom Bleakley, BW Equities BUY RECOMMENDATIONS Pro-Pac Packaging (PPG) Chart: Share price over the year This packaging business has successfully executed a shift towards higher margin products. It reported operating free cash flow of $42.8 million in fiscal year 2020 compared to $26 million in fiscal year 2019. Net debt was down 44 per cent…
18 Share Tips – 14 September 2020
Chris Conway, Marcus Today, BUY RECOMMENDATIONS Super Retail Group (SUL) Chart: Share price over the year The retail giant delivered a good full year 2020 result. Auto and Rebel brand margins expanded in the second half. Supercheap Auto is outperforming, as motorists spend more money on servicing and improving their vehicles. Demand for domestic travel,…
18 Share Tips – 7 September 2020
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Ansell (ANN) Chart: Share price over the year Ansell makes personal protective equipment. Sales grew by 7.7 per cent to $US1.613 billion in fiscal year 2020. The company reported a 42.1 per cent increase in statutory net profit to $US158.7 million. We expect strong demand for Ansell products…
18 Share Tips – 31 August 2020
Janine Cox, Wealth Within BUY RECOMMENDATIONS WiseTech Global (WTC) Chart: Share price over the year WTC sells software to freight forwarders and third party logistics providers. As client businesses grow, so does WTC’s revenue. Total revenue grew by 23 per cent to $429.4 million in fiscal year 2020. The share price soared about 40 per…
18 Share Tips – 24 August 2020
Justin Klimas, Wilsons BUY RECOMMENDATIONS Rural Funds Group (RFF) Chart: Share price over the year Owns a portfolio of agricultural assets. The group recently entered into an $81 million contract to acquire sugar cane farms and water entitlements from MSF Sugar. The group plans to convert the farms to macadamia orchards and cropping land. RFF…
18 Share Tips – 17 August 2020
Tom Bleakley, BW Equities BUY RECOMMENDATIONS Spirit Telecom (ST1) Chart: Share price over the year Spirit is a commercial telecommunications company providing data, broadband and cloud services. Spirit has recently made strategic acquisitions that will materially increase the scope of its business. In fiscal year 2020, Spirit’s unaudited underlying EBITDA is expected to range between…
18 Share Tips – 10 August 2020
John Athanasiou, Red Leaf Securities BUY RECOMMENDATIONS Bapcor (BAP) Chart: Share price over the year This automotive aftermarket parts provider recently announced it had experienced stronger than anticipated demand in its retail and Burson Trade segments for the months of May and June. Autobarn same store sales increased by more than 45 per cent compared…
18 Share Tips – 3 August 2020
Michael Gable, Fairmont Equities BUY RECOMMENDATIONS Lynas Corporation (LYC) Chart: Share price over the year The rare earths producer recently made a significant technical breakout by breaching the downtrend line that had been in place during the past year. LYC should rally higher from here, and we expect it to re-test last year’s high near $3. The…
