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Month: January 2019

1 Costa Group (CGC) $5.07 CGC has declined -30% over the last month making it one of our favourite stocks for 2019. The company through its subsidiaries grows and markets fruits and vegetables to supermarkets / independent grocers worldwide. Recently they substantially downgraded earnings due to some potentially transient seasonal factors. Costa Group (ASX: CGC) […]

Stock Challenger (ASX: CGF) $7.93 as at 23/01/2019 Event The Challenger (ASX: CGF) stock price has tumbled this morning, the worst performing stock in the ASX200 (ASX: XJO) index, currently trading around -13% below yesterday’s close. The fall comes on the back of management lowering guidance for the upcoming half year result and also for […]

  • Posted in ASX:CGF, Financials
  • Comments Off on Challenger (ASX: CGF) shares tumble on guidance update
ASX 200 daily chart

We witnessed an almost perfect “about face” last year from most of the market on interest rates with the start of 2018 all about rising interest rates / bond yields on the back of bullish economic & stock market predictions, while the second half focussed on a looming recession and hence falling bond yields – […]

  • Posted in Uncategorized
  • Comments Off on Are we headed for a rate cut in Australia?

Stock BHP Group (ASX: BHP) $32.89 as at 22/01/2019 Event The BHP share price is trading lower today, slightly under performing the market and its peers after the release of the 1st half production report. 6 months into the year, the company appears to be on track to hit guidance across the board despite being […]

Stock Sims Metal Management (ASX:SGM) $9.32 as at 21/01/2019 Event Recycled metals company Sims Metal Management (ASX: SGM) has been whacked on an earnings update the company released to the market this morning. The stock is trading at 2 year lows after falling nearly -15% today. The company announced expected EBIT for the first half […]

  • Posted in ASX:SGM, Materials
  • Comments Off on Sims Metal Management (ASX: SGM) suffers heavy falls
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