BUY HOLD SELL recommendations
Accent Group (ASX: AX1) – Last week’s ‘immaterial’ acquisition of retailer Glue Store sent the stock up ~11% on the day, turning eyeballs in this footwear retailer’s direction. The move brought back into focus its push into the apparel space, which started back in 2019. The share price has added ~80% since then, helped by…
Tesla, Volkswagen, batteries, emissions, mergers. These are the buzzwords that dominate the lithium market conversation. Lithium and all that it entails is by no means a new thematic, rather, one that is being revisited with new eyes. It’s a sensitive topic for some, given the industry is coming out of a significant downturn in which…
Betmakers (ASX: BET) is a back-end technology and data platform for online wagering operations in Australia and around the world. Not a gambling company just to be clear. The stock is up more than 450% in the last year, helped by an acquisition, a growing footprint in the US and the backing of a sector…
The Easter conversation that bounced around the walls of my parent’s house focused on property. Tom, when are you going to buy a house? Where would you like to live? Why would you buy there? Can you afford to live there? Have you been saving for a deposit? Maybe you should ask Marcus for a…
Another hot listing for this week’s Buy Hold Sell, Airtasker (ASX: ART). As pointed out in the Facebook group, it is arguably too early to provide as in-depth an appraisal of the company as we usually do, nor apply a rating to it. Instead, we have decided to orientate the piece as more of a…
Nuix (ASX: NXL) was the biggest float of 2020 and soared more than 50% on its first day. Investment banks couldn’t get enough of it and many missed out on their desired allocation. Some speculated that it was a function of the improving macro picture combined with a lack of desirable floats in 2020 that…
Jumbo Interactive (JIN) had an impressive run in 2019 with most of the country under the impression they were going to win the lottery. The stock was up 285% in 206 days. It fell 75% into March last year and has since tracked modestly higher in a narrow range into results. Underlying profit was flat…
Polynovo (ASX: PNV) is a medical device making company that designs, develops and manufactures dermal regeneration solutions using its patented biodegradable polymer technology. The technology which looks a bit like a foam sheet or a sponge, helps the body use its own mechanisms to repair damaged tissue. Commonly used to treat burns and traumatic wounds.…
IVE Group (ASX: IGL) – Scanning through the ALL ORDS spreadsheet for the top performers over the last month, IVE group stood out as one that has flown under the radar. Up an impressive 380% since its March low. Solid fundamentals and a recently simplified business structure. It is essentially a marketing company. The tagline from the website adds a bit more gloss and flavour but that is the long and short of it. Catalogue production/letterbox…
