18 Share Tips – 9th September 2024

Get our share tips straight to your inbox – Sign Up Here Harrison Massey, Argonaut   BUY RECOMMENDATIONS   BUY – Turaco Gold (TCG) Turaco has announced its maiden mineral resource estimate of 2.52 million ounces of gold at its Afema project in South-eastern Cote d’Ivoire. Sixty per cent of the maiden resource was reported…

Magellan Financial Group Limited (ASX: MFG)

  Company Information   Magellan Financial Group Limited (ASX: MFG) Magellan Financial Group Limited is an Australia-based specialist asset manager. The Company’s segments include Funds Management, Fund Investments and Associate Investments. The Funds Management segment provides investment fund management services to high net worth and retail investors in Australia and New Zealand, and to institutional…

18 Share Tips – 22nd January 2024

Oliver Matthew, Marcus Today   BUY RECOMMENDATIONS   BUY – Webjet (WEB)  This online travel agency posted impressive results in late 2023. The company’s WebBeds business was a standout, posting revenue of $171.8 million in the first half of fiscal year 2024, an increase of 50 per cent on the prior corresponding period. We expect…

Magellan raises H1 profit, defies setbacks

SYDNEY, AAP – Magellan Financial Group has overcome recent turmoil to post a higher first-half profit and is offering sweeteners such as options to shareholders who stayed loyal. Magellan on Friday reported net profit rose 24 per cent to $251 million despite losing boss Brett Cairns, a major contract and substantial share price value in…

Role-swap for Magellan chairman and CEO

Fund manager Magellan Financial Group has announced a role-swap for its chairman and chief executive, ahead of its annual general meeting on Thursday. The company said current chair Dr Brett Cairns will move to chief executive officer and assume all operational duties effective from Friday, while co-founder Hamish Douglass is heading the other way, though…