Month: October 2019
Stock Iluka (ILU) $9.30 as at 31/10/2019 Event The mineral sands miner is the best in the top 200 locally today, trading more than 5% higher following the release of their September quarter production report as well as announcing a review into the business. Iluka’s main operations in zircon and rutile continue to track well […]
**This is an extract from the Market Matters Morning Report from 28 October. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access to the full report and more Question 4 “Your view on Bitcoin as an investment and can this be done on the […]
Stock Bega Cheese (BGA) $3.96 as at 28/10/2019 Event As AGM season ramps up, so do the downgrades. It was Bega’s turn today with the company noting the drought had continued to have a negative impact on earnings into FY20 after it had significantly impacted the FY19 result 2 months ago. As the drought rolls […]
Stock Sims Metals (SGM) $9.10 as at 28/10/2019 Event The scrap metal trader Sims has rolled over today, down 10% after the company updated guidance for FY20 just 6-weeks after their last trading update. In today’s update Sims has once again guided the market lower as further pain in the scrap market as well as […]
Really bullish, there's more to go in the reflation rally
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