Closing Bell 29th February: ASX edges higher. Worley jumps again after good earnings
ASX edges higher. Worley jumps again after good earnings. Harvey Norman gains, bitcoin soars
Balanced Portfolio Recommendation: Sell Take Profit – Resmed (RMD)
Sell Take Profit – Resmed (RMD). RMD is a global company digital health and cloud-connected medical devices. The Company design innovative solutions to treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Also, its digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, chronic obstructive pulmonary disease, or COPD, and other chronic diseases
Closing Bell 27th February: XJO edges higher. Coles jumps on trading update. Reece higher
XJO lower. Coles jumps on trading update. Reece higher. Zip, Tyro take a dive
Balanced Portfolio Recommendation: Buy Add – IPD Group (IPG)
Buy Add – IPD Group Limited, based in Australia, specializes in distributing electrical equipment, offering various solutions under well-known brands like ABB, Elsteel, Emerson, and Red Lion. They provide services such as installation, calibration, maintenance, and more. Serving a diverse customer base including switchboard manufacturers, wholesalers, contractors, and utilities, the company has a long history since its founding in 1889 and was previously known as Alstom Industrial Products Limited before changing its name in 2006.
Balanced Portfolio Recommendation: Sell Trim – Mineral Resources (MIN)
Sell Trim – Mineral Resources (MIN). MIN is a mining services company with a portfolio of mining operations across lithium and iron ore. MRL has been providing safe, high-quality, low-cost mining, mining construction and mining infrastructure services in Australia. The business consists of three core pillars Mining Services, Commodities and Innovation and Infrastructure.
Closing Bell 26th February: ASX flat. Alumina rallies on takeover bid from Alcoa
ASX flat. Aussie Broadband with bid for Super Loop. Kogan jumps on earnings. Alumina rallies on takeover bid from Alcoa
Alpha Recommendation: Buy – Judo Capital (JDO)
Buy – Judo Capital (JDO). Judo Capital Holdings Limited (JDO) is an Australian bank with a focus on lending to small and medium enterprises (SMEs). Judo’s product offering provides SME Customers with tailored lending solutions for their SME business needs. The bank has 3,758 SME Lending customers and 35,050 Term Deposit customers.
Closing Bell 23rd February: AI Boom lifts ASX. Block, NextDC rise
AI Boom lifts ASX. Block, NextDC rise. Woodside sells $2.1b Scarborough stake. NAB analysts calls inflation rebound
Balanced Portfolio Recommendation: Buy Add – Stanmore Resources (SMR)
Buy Add – Stanmore Resources (SMR). Stanmore Resources (SMR) owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East (operational), Isaac Downs Project (under development) and the Isaac Plains Underground Project.
Closing Bell 22nd February: ASX declines. TAB posts loss, shares drop. Lovisa & Bega jump
XJO declines. TAB posts loss, shares drop. Medibank & Qantas fall on earnings. Lovisa & Bega jump
Alpha Recommendation: Trade Cancelled – Super Retail Group (SUL)
Super Retail Group Limited (SUL) is the owner of four brands: Supercheap Auto, rebel, BCF and Macpac. These brands have positions in growing high-involvement lifestyle categories of auto, sports and outdoor leisure. SUL provides customers and nine million active loyalty club members with the option to experience brands whenever and however they choose – whether that’s through the network of 716 stores or via digital capabilities
Closing Bell 21st February: ASX declines. Woolworths falls as CEO steps down
ASX declines. Woolworths falls as CEO steps down. CTD falls 18%. WTC rises 9%