Alpha Portfolio Recommendation: Relative Value Play – Trim GEAR & BBUS
We initially recommended a high allocation of this relative value trade, which is no longer appropriate given the recent strength in Tech stocks in the US
January 2024
Balanced Portfolio Recommendations: Take Profit CSL Limited (CSL)
CSL has reached the upper end of its trading range. In line with our commitment to optimizing returns and managing risks effectively, we are taking profit on the remaining 2% of our CSL position.
Alpha Portfolio Recommendation: Buy – Paladin Energy Ltd (PDN)
Uranium stocks have started to pull back from the most recent run up. Looking for good areas of support to buy PDN as longer term supply deficit in Uranium is still in play
Strategy Update: Mineral Resources Ltd (MIN)
We have seen Mineral Resources share price drop over the past month due to decreasing Spodumene Concentrate prices in China. Despite this drop we believe at current prices, this presents a good opportunity.
Balanced Portfolio Update: Yancoal (YAL) Quarterly update
Yancoal has delivered their quarterly update overnight. This has seen the price rally to $5.75 (+19%)
Balanced Portfolio Recommendations: Reduce Pilbara Minerals (PLS)
Pilbara is one of our favourites and has been a big winner for us over the last 3 years. Despite this the headwinds have become too great in the medium term with lithium prices falling 78% in the last 12 months.
Balanced & Conservative Portfolio Portfolio Recommendations: Add 2.5% Ebos Group Ltd (EBO) & Add 2.5% Betashare Global Healthcare ETF (DRUG)
Amid economic uncertainties, healthcare remains resilient, benefiting from consistent needs and innovation. This strategic move offers stability and growth potential in a fluctuating market.
US Earning Calendar: 22nd -26th January 2024
Anticipating next week’s US company earnings updates. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.
Balanced Portfolio Recommendations: Take Profit Telix Pharma(TLX)
Take Profit Telix Pharma (TLX) in our balanced portfolio, we will take half our allocation for a 15.8% profit as we see the overall market underperforming in the next couple of weeks.
Alpha Portfolio Recommendation: Take Profit – Deep Yellow (DYL)
A recent rally in the underlying Uranium price has seen the spot price rally from $80 to a fresh 16-year of $104. We have hit profit target for Deep Yellow and taken a 26% profit on the trade.
Alpha Portfolio Recommendation: BUY Alligator Energy (AGE)
A recent rally in the underlying Uranium price has seen the spot price rally from $80 to a fresh 16-year of $104. The ease in which the spot price has broken through the key $100 mark leads us to believe that Uranium explorers like Alligator (AGE) will start to play catch up with the more mature Uranium miners like PDN and BOE
Alpha Portfolio Recommendation: SELL (Price Target Hit) Paladin Energy Ltd (PDN)
A recent rally in the underlying Uranium price. The we have hit the recent highs for Paladin and recommend taking our position off as it has hit profit target.