Koba Resources (ASX: KOB) – Take Profits or Hold for More?
In April of 2021 New World Resources (ASX: NWC) spun off its cobal /copper assets into a new company, listing on the ASX in May of 2022 as Koba Resources. Koba began with four cobalt assets in the US state of Idaho, with two having mining history, two lithium projects in Canada and one in…
Can Breville Group Stand Up to Macroeconomic Headwinds?
Global supplier of small kitchen appliances has grown revenue and profit in each of the last four fiscal years. Half-Year 2024 results were positive, but below expectations. Management warned of continuing macroeconomic headwinds. Despite the COVID 19 pandemic and rising interest rates and inflationary conditions threatening consumer spending worldwide, Breville Group has experienced slow and…
Zip Co Limited (ASX: ZIP) Weathers the Stormy BNPL Market
ZIP shares hit all-time highs in the early days of the Buy Now Pay Later (BNPL) frenzy. Fierce competition and rising interest rates began to take its toll on multiple BNPL providers. Zip Co showed strong results in its latest quarterly report. The BNPL craze swept multiple start-ups into the market, with big name financial…
Red Metals Limited (ASX: RDM) Coming Out from Under the Radar
In August of 2023 Red Metals added the Sybella rare earths discovery to its stable of copper, zinc, lead, silver, and cobalt development projects. The trading volume jumped following the announcement. The share price jumped again in February following a positive test results announcement from Sybella. Red Metals has six projects in various stages of…
Points Bet Holdings (ASX: PBH) Positive Outlook for FY 2024
Investors drove up the share price of newcomer to sports betting, PointsBet Holdings, as the company began to enter the US market. In late 2023 the company sold its US assets, returning the proceeds to shareholders. The company maintained its Canadian operations, citing more attractive operating conditions. With a cloud-based betting and iGaming platform and…
Mineral Resources (ASX: MIN) Surprises with Lithium Profitability
The share price of diversified mining and mining services provider Mineral Resources is down more than 30% year over year due to falling lithium prices. In the latest Quarterly update, management stated the company’s lithium prices remained profitable. Analysts remain largely bullish on MIN, with a smattering of contrarians at UNDERPERFORM and SELL. Mineral Resources…
Can CSL Maintain its Growth Momentum?
CSL is considered one of the premier growth stocks on the ASX. Half Year 2024 Financial Results showed an both revenue and profit increases, beating market expectations. The share price sold off on unrelated negative news. In December of 2021 CSL added global kidney care biotech Vifor to its existing revenue generating segments – blood…
Should You Buy Domino’s Pizza Enterprises (ASX: DMP) on the Dip for the Dividend
Domino’s has franchise rights in the Asia Pacific region and in Germany, France, Belgium, and the Netherlands. The share price is down 75% since hitting an all-time high at the beginning of the 2021 trading year. Year over year the share price is now down double digits. Domino’s Pizza Enterprises raised dividend payments from FY…
Will Chinese Tariffs on Treasury Wine Estates (ASX: TWE) End in March?
The Treasury Wine Estates share price went into a downward slide in November of 2019. Chinese tariffs on imported Australian wines cemented the downward slide. With the expectation tariffs will be listed, analysts have turned bullish. The TWE share price was in an upward trend since listing with an interruption in 2018 before Goldman Sachs…
Gold Testing Disruptor Chrysos Corporation at Attractive Entry Levels
After a rough start following its IPO, the stock price of Chrysos Corporation has soared. The company’s latest Quarterly results showed revenue increases of 57% year over year. The stock price reversed its upward trend, falling 16.6% over the last month. The Chrysos Corporation debuted on the ASX on 5 May of 2022, heralded as…