Has Medibank Regained the Public’s Trust?
Medibank (ASX:MPL) is Australia’s largest private health insurer, with 3% market share. In 2022, Medibank suffered a massive data hack with hundreds of thousands of customer records stolen. Profits have slowly recovered following the hack, with the share price also steadily rising. Medibank Private Ltd was one of several big-name Australian companies hacked in 2022….
Altium Limited (ASX: ALU) FY 2024 Revenue Guidance up 20-23%
Altium Limited provides software solutions for the design and manufacture of electronic products including printed circuit boards (PCBs). The company’s Full Year 2024 financial results included double-digit revenue guidance for FY 2024. Dividend payments have averaged $0.40 per share over a five-year period. Altium Limited’s design software for PCB creators is augmented by Altium 365,…
Rio Tinto (ASX: RIO) Looking to Aluminium and Lithium
The big three iron ore producers – BHP, RIO, and Fortescue – are transitioning into more greener metals. The outlook for iron ore in 2024 is improving with China’s pledge for more infrastructure spending. RIO is opening a new major iron ore operation in Guinea. In early December 2023, RIO made two announcements to the…
Deep Yellow Limited (ASX: DYL) Propelled by Triple Tailwinds
The price of uranium is hitting levels not seen since the Fukushima nuclear accident. At the latest international climate conference, 22 countries committed to triple their nuclear power generating capacity by 2050. Deep Yellow is in the top five of the ASX Top Ten Shorted Stock List. Mining company Deep Yellow has two wholly owned…
How to Buy Chinese Stocks in Australia
Aussie investors who may wish to restrict their portfolio to the safety of “homegrown” Australian companies have limited choices. The world’s largest economy – the United States – offers a virtually unlimited cornucopia of companies of all sizes and sectors from which to choose. Behind the US economy stands China – not only the world’s…
Paladin Energy’s (ASX: PDN) Langer Heinrich Mine Returning to Production
The Langer Heinrich mine is expected to produce 77 million pounds of uranium over its operating life once it begins production again in 2024. Paladin Energy has two other exploration assets in Australia and one in Canada. The results of the latest international conference on Climate Change called for a tripling of global nuclear energy…
Fortescue Limited (ASX: FMG) for Contrarian Investors
Fortescue is expanding into green technology and energy. Over five years, Fortescue’s share price dramatically outperformed rivals BHP and RIO. Full Year 2023 financial results showed declines in both revenue and profit and a dividend cut. Steel demand in China is arguably the primary mover of the price of iron ore. With the Chinese economy…
BHP Group (ASX: BHP) Falls as Iron Ore Price Keeps Rising
BHP mines multiple minerals, but iron ore is the company’s prime revenue source. On 1 January, the price of iron ore hit an eighteen-month high. On 3 January, the price of iron ore rose again, but the BHP share price spiralled downward. BHP is diversified across an array of commodities, with iron ore being its…
What Are Fully Franked Dividend Shares?
Some Australian investors bemoan the fact the ASX simply doesn’t offer the wealth of opportunities found on US indices like the Dow Jones, the NASDAQ, and the S&P 500. Close to 50% of the stocks listed on the ASX 200 come from two sectors – financial services and basic materials. In short, the ASX 200…
Lendlease Group (ASX: LLC) in Recovery
Lendlease Group is a global real estate organisation creating large-scale integrated projects. The stock price collapsed in the early stages of the COVID-19 Pandemic and has not recovered. Lendlease management has initiated a strategy of asset sales and debt management improvements. Lendlease Group has been responsible for some of the world’s most notable real estate…
