Analysis & Opinion

Targeting the 52 Week High Lists

Investors worldwide appear to be questioning the probability of a quick v-shaped economic recovery from the COVID-19 pandemic. Contributing to the dashing of those hopes, at least for this week, is the rising number of COVID-19 cases in parts of the US and now in China and in our own state of Victoria. Towards the…

18 Share Tips – 22 June 2020

Angus Geddes, Fat Prophets BUY RECOMMENDATIONS TPG Telecom (TPM) Chart: Share price over the year Investor sentiment towards TPG Telecom continues to improve as a proposed merger with Vodafone Hutchison Australia draws closer. Investors are anticipating long term synergies flowing from a combined entity will drive shareholder value. TPG Telecom shares have risen from $7.20…

Biotechs Working on COVID 19

On 11 June Aussie investors got a wake-up call from the chairman of the US Federal Reserve, Jerome Powell, sending the ASX 200 plunging 3%, its worst close in six weeks. US markets followed suit, dropping 4.25% by midday on the 11th and closing down 6.9%, dropping 1,861 points. However, although the ASX closed the…

When Wall Street wakes up to Main Street

The narrative that appears to be being followed on Wall Street in recent weeks looks something like this: Asset prices have rebounded sharply thanks to significant intervention from central banks and policymakers. Rising share prices and tightening credit spreads imply a meaningful recovery in economic activity over the medium term, as pent-up demand and stimulus…

Investor Signposts: Week Beginning 15 June, 2020

Australia: Jobs, tourism & population data in focus In the coming week, the May jobs data will dominate investor attention. But the international tourism, population and retail trade data will also be closely watched. Communication from the Reserve Bank will also be a key focus. The week kicks off on Monday when the Bureau of…

18 Share Tips – 15 June 2020

Peter Day, Sequoia Wealth Management BUY RECOMMENDATIONS Kogan.com (KGN) Chart: Share price over the year The online retailer recently completed an institutional placement and raised $100 million at $11.45 a share. Retail shareholders on the record at June 9 can participate in the share purchase plan and apply for up to $30,000 of shares at…

Apps, backed by ‘dark kitchens’, are changing food delivery

Even though the platform attack is hobbled by poor economics, restaurants are under threat – especially during a pandemic. In 2004, Matt Maloney and Mike Evans were working in Chicago as web developers for appartment.com, a platform that allows people to find rental flats online. The pair often worked late enough to order takeaway. “We…

Is Construction and Infrastructure Spending Coming?

Early in the first trading week of June the ASX 200 rallied yet again to hit its highest close since the 6th of March, with the 3 June closing at 5,941.6, up 1.83% from the previous day. The following day our market hit a new 13 week high. Investors appear eager to accept the positive,…

18 Share Tips – 8 June 2020

Julia Lee, Burman Invest BUY RECOMMENDATIONS Costa Group Holdings (CGC) Chart: Share price over the year Produces, packs and markets fruit and vegetables to retailers. Mushroom prices have been stronger than expected and helped offset a weaker citrus category due to hail damage. The international arm is also looking strong, particularly in Morocco and China….

18 Share Tips – 1 June 2020

Philippe Bui, Medallion Financial Group BUY RECOMMENDATIONS Elmo Software (ELO) Chart: Share price over the year ELO provides cloud based payroll, recruitment, rostering and HR software in Australia and New Zealand. The company operates a software as a service business model. ELO recently raised $70 million via an institutional placement and is aiming to raise…