Caution Around Harvey Norman (ASX: HVN) Growth Prospects
Current economic conditions continue to weigh on Harvey Norman shares. The company cut its dividend payments in FY 2023. Analysts are cautious on the company’s growth prospects. Harvey Norman is a multi-channel, multi-product retailer with a company-owned and franchise business model. Before COVID-19 lockdowns began to cripple retailers with brick-and-mortar operations, Harvey Norman reported a…
Carnaby Resources (ASX: CNB) for Renewable Energy Investors
Carnaby has development projects underway in copper/gold and lithium. The company’s flagship asset is the Greater Duchess Copper/Gold Project. Crediting three great discoveries over the last two years, Carnaby released a maiden resource estimate for the Greater Duchess Project on 27th Within the Greater Duchess Project, Mount Hope may be the most standout prospect. On…
CSL Limited (ASX: CSL) Trading Near Three-Year Lows
The COVID-19 Pandemic negatively impacted CSL’s blood plasma business. The company now faces high-interest rates, inflationary pressures, and foreign currency headwinds noted in a February market update. The ASX stock price went into a tailspin from which it has not recovered. CSL Limited, a global giant biotechnology company, has added a third revenue-generating business to…
Aristocrat Leisure (ASX: ALL) Adding a Fourth Revenue Generating Operating Division
Aristocrat Leisure designs and develops electronic gaming equipment and platforms for casino and mobile gaming use. At the end of FY 2024, the company had three revenue-generating operating units. Aristocrat also offers software for the management of casino operations. ASX-listed Aristocrat Leisure currently has three revenue generators: Aristocrat Gaming – Casino Games Pixel United –…
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…
