Is Beaten-Down IDP (ASX: IEL) Education a BUY?
IDP Education serves international students from qualifying exams to visa application assistance to placement and admissions services. The company also operates English Language Schools. IDP’s primary markets are students from India and China looking for educational opportunities in English speaking revenues. IDP derives about 64% of its revenues from IELTS – the International English Language…
New Hope Corporation (ASX: NHC) Coal Remains in Demand
King Coal may be slipping but not enough to stop coal giants like New Hope. Recent economic events support the view coal must remain among the world’s energy sources. The price of coal fell sharply in 2023, driving down the New Hope Share Price. Renewed interest in coal remaining in the global energy mix, coupled…
Is Liontown Resources (ASX: LTR) Still a BUY?
Liontown Resources hit an all-time high on the news global lithium chemicals producer Albemarle was interested in acquiring the company. Albemarle backed out of the deal but maintained a favorable review of Liontown’s Kathleen Valley Lithium project. The company expects lithium production to commence at Kathleen Valley in mid-2024. Over five years the share price…
Should you Buy Transurban Group (ASX: TCL) or the Dividends?
Transurban Group designs, operates, and maintains toll roads in Australia, Canada, and the US. The company derives about 90% of its revenue from Australian operations. Transurban has a consistent history of dividend payments, even in non-profitable fiscal years. The company’s financial performance suffered due to COVID 19, with lockdowns impacting average daily traffic volumes. Transurban…
Is it Too Late to Buy Sigma Healthcare (ASX: SIG)
Sigma is a wholesale drug distributor with a network of branded franchised pharmacies. Chemist Warehouse has a network of more than five hundred discount drug stores. The proposed merger of the two companies is likely to face regulatory hurdles. On 10 December of 2023 Sigma Healthcare emerged from a trading halt with the two-fold blockbuster…
IC Markets Promotion Launch – Zero Brokerage Fee on Australian shares
IC Markets has recently announced an exciting development for investors interested in the Australian stock market, and Australian shares. The firm is introducing a zero brokerage fee promotion for investments in companies listed on the Australian Securities Exchange (ASX) and Cboe (Chi-X). This initiative is part of the launch of IC Shares, a new service designed…
Analysts Remain Bullish on South 32
Multi-commodity miner South 32 was spun off from BHP Billiton on 25 May of 2015. South 32 has mining operations in six countries, producing ten different commodities. Five of the commodities mined contribute to a low-carbon future. The company had a banner year in FY 2022 following two disappointing financial outcomes in FY 2021 and…
Do Worley’s Ecuadoran Disputes Represent a Buying Opportunity
In 2021 Worley announced a goal of deriving 75% of revenue from “sustainability” related projects by FY 2026. Financial reporting now includes “sustainability related revenue” in addition to aggregated revenue. An up trending share price hit the skids following the news of a payment dispute between Worley and an Ecuadorian state owned oil company. Worley’s…
Can REA Group (ASX: REA) Continue its Share Price Momentum?
Like many of the world’s greatest tech companies, REA Group was born in a garage in the suburbs of Melbourne. The company was one of the first to see the internet as a means to revolutionise advertising. The company now operates multiple branded property sites in Australia, Asia, and North America. The company’s solid financial…
Bannerman Energy Hits a Near Five Year High
Bannerman Energy owns 95% of the Etango Uranium Project in Namibia in Southern Africa. The company has been working on Etango since 2006. Bannerman has now met regulatory requirements and begun early construction. Work on Etango to date has been extensive, with completed scoping studies, a pre-feasibility study, and a definitive feasibility study, With various…
