Henry’s Weekend Take
Results Lotto.
The Good, the Bad and the Ugly.
Loser of the Week.
Lithium in focus.PLS interesting.
Classics for The Watercooler
Results Lotto.
The Good, the Bad and the Ugly.
Loser of the Week.
Lithium in focus.PLS interesting.
Classics for The Watercooler
Henry Jennings is joined by his good friend Adam Dawes, Senior Investment Adviser at Shaw and Partners.
High conviction stock picks for 2024
SUMMARY Weak US retail sales help shrug off this week’s scary CPI number. SPI Futures up 72 – Gone a bit early on calling the top (so far). ASX 200 Break out or Break down? BHP writedown headwinds – glad we didn’t buy it in the OSP. Wins on results yesterday – WES +5%, GMG…
DTL results yesterday saw the stock hammered over 11%. Similar to PME it had run hard to results and they needed to be fantastic to hold up the share price. Sales up 13% vs last year and up 38% from two years ago. EPS up 25%. Interim dividend (fully franked) up 26%. Yielding 3%. Interest…
PME reported yesterday OK results but the market smashed it, finishing the session down 13%. It along with DTL are two of the more risky stocks we hold in the Growth Portfolio. Great potential, both stocks were up almost 50% since the end October “dovish pivot” until results. With more upside potential comes more volatility…
Back on track.DTL added.
Results the focus. IAG and QBE this morning.
A look at TLS and TWE
GQG numbers good Buy.
ASX 200 finished up 53 points to 7658 (0.7%) off early highs but still a very solid day. Up 10 points for the week. Most cylinders firing today, Banks firm as usual with the Big Bank Basket up to $202.34 (1.4%). CBA bounced 1.9% the best of the four. MQG rose 0.3% after big run yesterday, insurers…