Balanced Portfolio Recommendation: Sell 3% Incitec Pivot Ltd (IPL)
Sell 3% of Incitec Pivot Limited (ASX: IPL). The ongoing divestment of its Fertilisers business introduces significant complexity and uncertainty, impacting financial stability.
Balanced Portfolio
Balanced Portfolio Recommendation: Take Profit – 1/2 of Paladin Energy (PDN)
This action secures a solid 25% profit on half of our investment, aligning with our initial risk management and profit-taking strategy. By locking in gains, we protect our portfolio against unforeseen market volatilities while capitalizing on our successful positioning.
Balanced Portfolio Recommendation: Fixed Income Switch
We are now starting to see opportunities in quality companies that have a high yield, reasonable price and growth prospects over the medium to long term
Sell 7% BHYB to buy 4% WOW and 3% BHP
Balanced Portfolio Recommendation: Buy 3% Macquarie Group Ltd (MQG)
We recommend buying shares of Macquarie Group Limited (MQG) based on its appealing technical indicators, relative undervaluation within the banking sector, and attractive dividend yield.
Balanced Portfolio Update: Uranium
Current holdings in URNM and PDN totaling 6.5% will benefit from the US ban on Russian Uranium imports
Balanced Portfolio Recommendation: Re-Buy Worley Limited (WOR)
Re-buying WOR in the Balanced Portfolio with a 3% allocation.
Alpha & Balanced Portfolio Recommendation: Add 1.5% Liontown Resources Ltd (LTR)
Liontown Resources’ March 2024 Quarterly Activities Report highlights substantial progress at the Kathleen Valley Lithium Project, currently 90% complete in process plant construction and over 85% overall project completion.
Balanced Portfolio Recommendation: Energy Rebalance Switch 2% Woodside Energy Group (WDS) to Karoon Energy Ltd (KAR)
By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.
Balanced Portfolio Recommendation: Switch 2% URNM ETF to Paladin Energy (PDN)
With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)
Balanced Portfolio Update: Newmont Corp (NEM)
Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Balanced Portfolio Recommendation: Add 3% Newmont Corp (NEM)
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Balanced Portfolio – Physical Silver (ETPMAG) Trim, Take Profit (+23%)
The recent run in Silver and the “store of value” trade is at odds with the interest rate outlook and we will likely see a pullback as geopolitical tensions ease