Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James, I really appreciate how well researched your answers are to your subscribers questions. I am wanting your opinion on RZI, GNP and DGL. These stocks have fallen after their FY22 results were released. If I already own them, should I hold or sell? Jacky
Hi Jacky,
A reminder that we provide general as apposed to personal advice and we can only really evaluate the stocks at todays level post their results.
DGL Ltd (DGL): We covered in another question today ultimately saying “We are not close followers of this $425mn business but value does look interesting ~$1.50 with the stock now trading on an Est P/E of sub 12x for 2023.” A bounce from oversold levels is likely however it’s not one for us.
Raiz Invest (RZ1): Unfortunately this $55mn Sydney based financial, services business has fallen over 65% this year and is making fresh post Covid lows into the weekend, we simply see no reason to buy the stock.
Genusplus (GNP): This $168mn power & telecom solutions business fell ~20% after its report this week which on the surface looked ok:
Combined with a strong orderbook of $488 million over FY2023 of $304 million and FY2024 of $184 million we believe this stock looks ok below $1 for the brave.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
