18 Share Tips – 18th March 2024
Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS BUY – Jupiter Mines (JMS) The company previously released a strategy update, outlining a five-year plan to become the leading manganese producer in the world. The company has a long life, open pit manganese mine with an integrated ore processing plant in South Africa. Mining volumes…
18 Share Tips – 11th March 2024
Braden Gardiner, Tradethestructure BUY RECOMMENDATIONS BUY – ARB Corporation (ARB) ARB makes and supplies 4-wheel drive accessories to Australian and international markets. The company lifted sales revenue, profit after tax and earnings per share in the first half of fiscal year 2024 when compared to the prior corresponding period. The share price has risen…
18 Share Tips – 4th March 2024
Tony Paterno, Ord Minnett BUY RECOMMENDATIONS BUY – ResMed Inc (RMD) RMD makes medical devices to treat sleep apnoea. The company lifted revenue by 11 per cent on a constant currency basis in the second quarter of fiscal year 2024 when compared to the prior corresponding period. We also anticipate margin expansion as…
18 Share Tips – 26th February 2024
Angus Geddes, Fat Prophets BUY RECOMMENDATIONS BUY – Northern Star Resources (NST) Northern Star is a global gold mining company. The company posted a strong 2024 first half result. Record cash earnings of $702 million were up 50 per cent on the prior corresponding period. Revenue of $2.248 billion was up 15 per…
18 Share Tips – 19th February 2024
John Edwards, Novus Capital BUY RECOMMENDATIONS BUY – Perseus Mining (PRU) PRU is a profitable West African gold producer with three operating mines. PRU guided to second half gold production of between 226,000 ounces and 254,000 ounces in fiscal year 2024 at an all-in-sustaining cost of between $US1180 and $US1340 an ounce. The…
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,…
