Is Beaten-Down Patriot Battery Metals (ASX: PMT) Worth a Look?
The price of lithium appears in freefall, weighed down by excess supply and Chinese demand outlook. As prices skyrocketed, lithium miners ramped up production. EV sales are below previously optimistic expectations. As has happened with commodities turning red hot in the past, existing miners increase production and newcomers enter the space, often leading to an…
Steadfast Group (ASX: STF) Enters the US Market
Steadfast Group has a network of 426 general insurance brokers across Australasia. The company is expanding its operations in Europe and elsewhere in Asia. Steadfast has just entered the US market with the acquisition of one of the largest privately held brokerage networks in the US. Steadfast Group has more than 1,900 offices across Australia,…
New Hope Corporation (ASX: NHC) Thriving on Demand for Thermal Coal
For at least a decade, the ‘death of King Coal’ has been bandied about. Carbon emissions gained recognition as the most likely cause of climate change. The Paris Climate Accords set in motion in 2016 dampened enthusiasm for thermal coal. In the not-too-distant past, coal ruled the world as the principal energy source for producing…
Is Brambles Limited (ASX: BXB) Recession-Proof?
Brambles’ “circular” business model resists economic downturns. Brambles’ customer base consists of predominantly “essential” businesses. Brambles’ management successfully adjusted to meet supply chain issues. Brambles Ltd is a supply-chain logistics company operating in more than 60 countries with a unique “circular” business model. The company operates a container “share and reuse” model where customers use…
Lowered Guidance Presents a Buying Opportunity for WiseTech Global (ASX: WTC)
On 8th August the WTC share price hit an all-time high On 23rd August the company’s 2024 guidance released in its Full Year 2023 results disappointed investors The share price fell 18.8% intraday WiseTech Global (ASX: WTC) has been a market darling of the technology sector. The company’s software logistics solutions serve a reported 44…
Ansell Limited (ASX: ANN) Has Long-Term Tailwinds at Its Back
Demand for Ansell’s gloves and face masks skyrocketed during the height of COVID. Supply chain issues led to inventory stocking from Ansell customers. As supply chain issues eased, existing inventory excess was sold down. Ansell makes protective equipment for the healthcare and industrial sectors. The company’s gloves, face masks, goggles, and protective clothing for healthcare…
Telstra Group (ASX: TLS) Transformation Delivering Results
Telstra is on track with the T25 strategy, building on earlier T22 efforts. Telstra’s Full-Year 2023 Financial Results show growth in most operations. The company’s full-year dividend payment was up 3.0%. Telstra is Australia’s largest telecommunications provider, serving consumers, commercial enterprises, small to medium-sized businesses and government organisations. The company is known for its dividend…
Pilbara Minerals (ASX: PLS) – Dramatic financial turnaround offers some promise
Pilbara Minerals was a frequent entry to the ASX Top Ten Short List. The EV and battery storage demands sent the price of lithium on fire. Pilbara has stuttered this year as the price of lithium fell off 2022 highs. Pilbara Minerals is the largest pure-play lithium miner on the ASX, the sole owner of…
Treasury Wine Estates (ASX: TWE) Surviving Chinese Import Tariffs
Treasury Wine Estate’s stock rose and then fell due in large part to its China business. Copycat wines in China sent investors to the exits in early 2020. Tariffs imposed later worsened the situation, but China may reconsider those tariffs. Treasury Wine Estates (ASX: TWE) listed on the ASX in 2011 as a spin-off from…
Is AMP Limited’s (ASX: AMP) Business Transformation Working?
A Royal Commission into the Financial sector uncovered damning practices by AMP Capital. The company responded with a plan to restructure its operations into two entities. A class action suit filed against AMP Capital has now been settled. Diversified financial services provider AMP Limited (ASX: AMP) saw its share price embark on a steady decline…
