JTrader Daily: Fridays best set ups!
JTrader Daily: Best set ups for Friday 21st February 2025!
BXB, RXL, CPU, EVN, A2M
February 2025
Closing Bell 20th February: Super Cheap Auto falls and gets cheaper. ASX falls for 4th straight session
The Australian sharemarket extended its sell-off on Thursday, with the S&P/ASX 200 Index dropping 1.5% to 8,297, its largest intraday decline in three weeks. A stronger-than-expected 44,000 increase in January employment tempered rate cut expectations, with odds of a May cut falling from 79% to 72%.
Alpha Recommendation: Sell Megaport (MP1)
The company successfully deployed its extensive 400G backbone across 597 data centers, reinforcing its position as the largest 100G NaaS connectivity platform globally.
Growth Watchlist – Earnings Update Pilbara Minerals Ltd (PLS)
Pilbara Minerals reported a challenging half‐year where – despite record production and higher sales volumes – lower average realized prices put significant downward pressure on revenues and margins.
Growth Watchlist – Earnings Update Maas Group (MGH)
Market sentiment was dampened by the significant decline in the Civil Construction and Hire segment, which saw a 47% drop in EBITDA due to project delays and losses.
The softness in overall profitability (notably the decline in EBIT, net profit, and EPS) and the lower-than-expected cash conversion further contributed to the negative market response.
Balanced portfolio – Fortescue Earnings Update (FMG)
Fortescue Earnings Update (FMG)
Earnings Update – Whitehaven Coal (WHC)
Whitehaven Coal (WHC) is an Australian producer of premium-quality coal focused on development and operation of coal mines in New South Wales and Queensland.
Pre-Market Pulse 20th February – Stocks drift as Fed suggests prolonged pause in rates
Stocks drifted sideways overnight as the minutes from the Federal Reserve’s January meeting was uneventful, broadly confirming investor expectations for an extended pause on rate cuts.
Closing Bell 19th February: NAB drags all banks lower. MinRes drops on earnings
ASX Declines as Banks Weigh on Market
The S&P/ASX 200 fell 0.7% (55.2 points) on Wednesday to 8425.80, as banking and energy stocks dragged the index lower. Seven of the 11 sectors finished in positive territory.
JTrader Daily: Thursdays best set ups!
JTrader Daily: Best set ups for Thursday 20th February 2025!
FND, XRF, SEK, RMS, ASL
Balanced portfolio – SELL Corporate Travel Management Limited (CTD)
Sell Corporate Travel Management CTD:ASX
Earnings Update – Corporate Travel Management Limited (CTD)
Corporate Travel Management Limited (CTM) has reported mixed financial results for the first half of 2025 (1H25), demonstrating both growth and challenges across its operating segments. The company has emphasized strong capital management, operational efficiency improvements through automation and AI, and strategic transitions in service provision. Notably, CTM has secured the sole provider status for the UK Government’s Travel Management Consultant (TMC) travel services framework, marking a significant shift from a competitive trio to a singular supplier role. This strategic move is expected to bolster long-term revenue streams and market presence in the Rest of World (RoW) regions.