Earning Update: Pilbara Minerals Ltd (PLS)
Pilbara Minerals faces a challenging half-year with a sharp revenue drop, countered by strategic expansions and efficiencies aimed at leveraging future lithium market recoveries.
Strategy Update
Earning Update: Ebos Group Ltd (EBO)
The company made significant investments for growth, including increasing its shareholding in Transmedic and acquiring Superior Pet Food Co. Ebos’s strategy includes further expansion in Southeast Asia and enhancing its product portfolio through acquisitions and new product development.
Earning Update: Corporate Travel Management (CTD)
A softer than expected 1H revenue and EBITDA result was observed due to two main factors: negative travel sentiment from the conflict in the Middle East and corporate customer budgets being fully utilized by September 2023 due to high ticket prices, particularly in the northern hemisphere. However, an encouraging rebound in January activity implies these issues have dissipated.
Quarterly Updates: Mineral Resources (MIN) & Resmed (RMD)
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.
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.
Conservative Portfolio Recommendation: Switch – Sell Elders (ELD) buy Graincorp (GNC)
Value switch in the agricultural sector
Conservative Portfolio Recommendation: Buy – Global X Physical Silver (ETPMAG)
ETPMAG is backed by physical silver. Each physical bar is segregated, individually identified and allocated.
Strategy Update: Switch 2% of Neuren Pharma (NEU) to Telix Phama(TLX)
Switching from Neuren Pharma (NEU) to Telix Pharma (TLX) in our balanced portfolio, capitalizing on Telix’s innovative cancer treatment advancements and market potential.
Strategy Update: Agriculture Reporting Season – Switch 2% of NUF to GNC
The final leg of our agricultural earnings season strategy, we are recommending a switching the 2% allocation in Nufarm to GrainCorp
Conservative Portfolio Recommendation: Add IPD Group Ltd (IPG)
IPD Group, valued at around $330 million, excels in electrical engineering, focusing on data centres, industrial installations, and EV charging infrastructure. After over five decades as a private entity, it went public in 2021, emphasizing its quality commitment and experienced management team, driving success and growth.
Strategy Update: Agriculture Reporting Season – GrainCorp Earnings Update
GrainCorp’s FY23 earnings showcased robust performance with an EBITDA of $565 million, strong international demand, record FFO results, and strategic UMG stake liquidation.
