Rural Funds Group (ASX: RFF) Trading Below Book Value
Rural Funds Group is a Real Estate Investment Trust (REIT) focusing on agricultural assets. The trust owns and maintains farmland and agricultural infrastructure assets leased to commodity producers. Most of the company’s customers are corporate agricultural producers. The company’s properties are located throughout Australia, with almonds being the top revenue-generating commodity. Rural Funds Group also…
Domino’s Pizza Enterprises (ASX: DMP) Expects a Stronger 2024
Domino’s Pizza’s share price sank following disappointing Half Year 2023 results. The company launched a set of strategic initiatives to stem the tide. Full Year 2023 results disappointed again, but the latest trading update showed promise of better things to come. Year to date, the share price of global pizza leader Domino’s Pizza Enterprises is…
Analysts Bullish on Gold Road Resources (ASX: GOR)
Gold Road’s Half Year Financial Results reported on 28th August ignited an upward trend in the share price. The company also benefits from the Middle East and Ukraine conflicts. Gold Road has an impressive list of 100% owned exploration assets. Gold Road Resources is a 50% joint venture partner in the world-class Gruyere gold mine…
Northern Star Resources (ASX: NST) Preparing for Future Growth
Listing on the ASX in 2003, junior gold miner Northern Star emerged from the pack in 2010 with its first acquisition – the Paulsens Mine. The company is now the second-largest gold miner on the ASX. In 2018, Northern Star acquired its first North American asset – the Pogo Production Centre in the US state…
Global Lithium Resources (ASX: GL1) Definitive Feasibility Study in Progress
Global Lithium has resource estimates in place for its two lithium development projects. A Definitive Feasibility Study on the flagship has begun, with drilling underway in both. Over five years, the share price had risen 376.9%, wiped away in the face of falling lithium prices. Global Lithium has two lithium assets in Western Australia, both…
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…
