A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
Invictus Energy Ltd (IVZ) is an independent upstream oil and gas company. The company is opening rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through an impact exploration program.
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
A recent rally in the underlying Uranium price. We are generally bullish the energy sector and see PDN as a short term buy with a ~10% trailing stop
*** GENERAL AVICE ONLY***
Trade Date: 17/10/2023
Recommendation
Entry price: <1.045 Target Price: >1.95
Stop Loss: 0.81 (9% trailing)
Rationale
PPK Group’s subsidiary BNNT has announced it has significantly reduced the price of its high-quality, Australian-made boron nitride nanotubes (BNNT) following a series of production improvements that have dramatically lowered the cost of production for the multi-use super material. BNNT now starts from US$150/gram, compared to the approximately US$400/gram offered by competitors.
With the Hamas-Israel conflict escalating, oil prices are poised to rise due to potential supply disruptions. Karoon Energy, holding a significant interest in Brazil’s Santos Basin, is well-positioned to benefit from these price surges. An entry at <2.57, targeting >3.00, captures this anticipated oil price uptrend. The 9% trailing stop loss offers a protective measure. In this volatile oil market, Karoon presents a timely and strategic investment opportunity.
In light of the recent Hamas-Israel conflict, global markets are bracing for heightened volatility. Historically, during geopolitical tensions, gold has been a sought-after safe-haven asset. Investing in Ramelius Resources Limited, a reputable gold producer, offers a strategic hedge against such uncertainties.
Equity markets have all taken a beating with rise in Bond Yields. Oil dropped 5% overnight so this could help stall the bond rally, which would lead to a relief rally in equities. Use a trailing stop on this trade
Equity markets have all taken a beating with rise in Bond Yields. Oil dropped 5% overnight so this could help stall the bond rally, which would lead to a relief rally in equities. Use a trailing stop on this trade
General market risk-off, global bond yields have reach new multi-year high causing a sell off in risky assets.
A recent rally in the underlying Uranium price. The we have hit the recent highs for Paladin and recommend taking half our position off for a quick scalp.
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, we hit our target exit price and took profit on the trade.
