Customers Abandoning Optus to Switch to Telstra (ASX: TLS)
Telstra is the dominant player in the Australian telecommunications sector. The company’s Full Year 2023 results saw increases in both revenue and profit, but guidance, although positive, was disappointing. The share price has been trending downward over the last three months. As Australia’s second most valuable brand, even the newest newcomers to share market investing…
James Hardie (ASX: JHX) Hits a 52-Week High
James Hardie is the world’s top producer of fibre cement and gypsum building products. The company’s largest market is North America. Concerns about consumer spending have not hurt the company’s share price. Although the results were mixed, investors were impressed enough with James Hardie’s 7th November Quarterly Results report to spike the stock price, which…
Xero (ASX: XRO) Returns to Profitability
New Zealand-based Xero was listed on the ASX in 2012. By mid-2018, the stock price began a dramatic rise. With market darling status in hand, Xero was named in the WAAAX list of top technology stocks. In response to the US acronym FANG stocks highlighting that country’s top technology stocks, the ASX coined its own…
Ramelius Resources (ASX: RMS) Outperforming Top Tier ASX Gold Miners
Ramelius Resources ranks seventh among the Top Ten ASX Gold miners. The company’s stock price has outperformed the top five year to date. Analysts are bullish about Ramelius shares. Gold has always been and remains a safe haven in times of economic uncertainty. Inflationary pressures, rising interest rates, and two wars in progress certainly qualify…
Analysts Like Karoon Energy’s (ASX: KAR) Positive Trajectory
Karoon Energy now operates the Brazilian offshore oil fields in the Bauna field. The company has two additional prospective fields in development – Patola and Neon. Karoon recently completed an “intervention” program at Bauna, upgrading well-drilling equipment. Karoon Energy has grown revenues substantially over the past four fiscal years, with net profit remaining inconsistent. FY…
Kelsian Group (ASX: KLS) Enters the US Market
Kelsian Group began as Sea Link Travel back in 1989. The company provides marine and coach tourism and public transport services. Kelsian has acquired a US-based provider of motor coach charter and tourism services. Kelsian Group has four operating divisions – Transit Systems, Sea Link Marine and Tourism, Tower Transit, and the newly acquired All…
Dividend Powerhouse Dicker Data (ASX: DDR) to Grow With the Demand for AI Technology
Dicker Data’s product vendors includes the likes of Microsoft, Samsung, LG and Hewlett Packard. The company has been a consistent fully franked dividend payer over the past decade. The volatile share price in 2023 has seen large rises and falls mirroring financial results releases. The wholesale distributor of hardware, software and cloud services, and related…
A New Tailwind for Beaten Down Syrah Resources (ASX: SYR)
Syrah Resources is the largest producer of graphite after China. Graphite represents the largest percentage of minerals used in an EV battery. Syrah’s Balama mine is one of the world’s most extensive graphite mining operations. The company also has a graphite processing plant supported by the US government in Louisiana. COVID-19 and other economic factors…
Northern Star Resources (ASX: NST) Poised for Growth
Northern Star Resources is the second largest gold miner on the ASX, behind Newcrest Mining. The company began its meteoric rise in 2010 following the acquisition of the Paulsens Mine. Northern Star operates gold mines in Australia and North America, with two major development projects in progress. Northern Star Resources was listed on the ASX…
Mineral Resources (ASX: MIN) – a Diversified Mining Company with Multiple Revenue Streams
Mineral Resources began as a provider of mining services. The company now offers its customers port-to-port mining and logistics services. Mineral Resources now operates iron ore and lithium mines. ASX lithium miners are all under pressure from the downturn in lithium prices. Mineral Resources is unique among them as the company also mines iron ore…
