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…
Chinese Tariffs on Treasury Wine Estates (ASX: TWE) Imports Under Review
The Chinese tariffs on imported wine may be lifted. Treasury Wine Estates maintained revenues and profits despite the COVID-19 pandemic and the tariffs. On 24th May, the stock began to sell off following weak Full Year 2023 financial guidance. One of the world’s top wine producers, Treasury Wine Estates, has made an acquisition to expand…
Botanix Pharmaceuticals Planning for FDA Approval in Mid-2024
Botanix holds an exclusive licence for Permetrex™, a direct-to-the-skin drug delivery system. FDA denied approval for a treatment for excessive sweating based on confusing packaging instructions. Botanix is resubmitting its application, with approval expected in mid-2024. Eager investors attuned to the company’s promising pipeline of skin treatments from acne to psoriasis welcomed the 7 December…
Junior Miner Meteoric Resources (ASX: MEI) Ripe for Takeover
Rare earth element explorer Meteoric Resources has acquired a major asset in Brazil. Speculation in the analyst community suggests the company is a takeover target. The share price is up substantially year over year. Like many junior miners exploring for a range of commodities in multiple countries, Meteoric Resource moved into the green metal space,…
Orora Limited’s (ASX: ORA) Trading Below Price to Sales Ratio
Orora’s current Price/Sales ratio of 0.54 beats the Index P/S of 2.16. Orora’s current Price/Earnings ratio of 12.53 beats the Index P/E of 15.33. The share price has been dropping since the company posted positive FY 2023 financial results. Orora provides packaging solutions to the grocery, fast-moving consumer goods, and industrial sectors in Australasia and…
