IC Markets Announce IC Shares
IC Markets, a prominent online trading service provider with over 15 years in the industry, is thrilled to announce the launch of IC Shares, an expansion of their product range to physical equity investment. The existing product expansion encompasses cash equity investing in companies listed on the Australian Securities Exchange (ASX) and Cboe. This represents…
Analysts Like Karoon Energy’s (ASX: KAR) Positive Trajectory
Karoon Energy now operates the Brazilian offshore oil fields in the Bauna field. The company has two additional prospective fields in development – Patola and Neon. Karoon recently completed an “intervention” program at Bauna, upgrading well-drilling equipment. Karoon Energy has grown revenues substantially over the past four fiscal years, with net profit remaining inconsistent. FY…
Kelsian Group (ASX: KLS) Enters the US Market
Kelsian Group began as Sea Link Travel back in 1989. The company provides marine and coach tourism and public transport services. Kelsian has acquired a US-based provider of motor coach charter and tourism services. Kelsian Group has four operating divisions – Transit Systems, Sea Link Marine and Tourism, Tower Transit, and the newly acquired All…
Dividend Powerhouse Dicker Data (ASX: DDR) to Grow With the Demand for AI Technology
Dicker Data’s product vendors includes the likes of Microsoft, Samsung, LG and Hewlett Packard. The company has been a consistent fully franked dividend payer over the past decade. The volatile share price in 2023 has seen large rises and falls mirroring financial results releases. The wholesale distributor of hardware, software and cloud services, and related…
A New Tailwind for Beaten Down Syrah Resources (ASX: SYR)
Syrah Resources is the largest producer of graphite after China. Graphite represents the largest percentage of minerals used in an EV battery. Syrah’s Balama mine is one of the world’s most extensive graphite mining operations. The company also has a graphite processing plant supported by the US government in Louisiana. COVID-19 and other economic factors…
Northern Star Resources (ASX: NST) Poised for Growth
Northern Star Resources is the second largest gold miner on the ASX, behind Newcrest Mining. The company began its meteoric rise in 2010 following the acquisition of the Paulsens Mine. Northern Star operates gold mines in Australia and North America, with two major development projects in progress. Northern Star Resources was listed on the ASX…
Mineral Resources (ASX: MIN) – a Diversified Mining Company with Multiple Revenue Streams
Mineral Resources began as a provider of mining services. The company now offers its customers port-to-port mining and logistics services. Mineral Resources now operates iron ore and lithium mines. ASX lithium miners are all under pressure from the downturn in lithium prices. Mineral Resources is unique among them as the company also mines iron ore…
Allkem (ASX: AKE) and Livent (NYSE: LTHM) – A Merger for the Future?
Allkem was formed through the merger of hard rock lithium producer Galaxy Resources and lithium from brine producer Orocobre. The combined company operates a lithium hydroxide processing facility in Japan. Lithium prices have been dropping, driving down the share price of AKE and other lithium miners. On 10 May 2023, Australian stock market news outlets…
Mixed Opinions Around Coles Group (ASX: COL)
Coles Group is Australia’s second-largest supermarket chain, behind Woolworths. The share price cratered following a disappointing trading update on the company’s planned automated fulfilment centres. The company’s Full Year 2023 financial results were satisfactory but failed to reignite the share price. Coles Group operates more than 840 supermarkets, 950 liquor stores and online sites. Over…
Worley (ASX: WOR) Rebranding in Progress
A 2019 acquisition moved Worley Parsons into a transformational beginning. The new Worley Limited aims to reduce its operations in the traditional oil and gas sectors. The backlog in the sustainable solutions sectors is growing. In April 2019, engineering consulting, technology, and construction management firm Worley Parsons changed its name to Worley. The change followed…
