S32 popped to fresh all-time highs yesterday implying there’s more upside in many of the resources stocks especially when we consider the stocks strength following the company’s recent downgrade to its manganese production guidance, plus there are concerns around its coal divisions output. MM aren’t buying / chasing pops in 2022 but we do believe most Australian miners have further upside.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Thursday 18th April – ASX200 +32pts, Resmed (RMD), Transurban (TCL), Santos (STO) & SRG Global (SRG)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Thursday 18th April – DOW -45pts, SPI +20pts
Close
MM likes S32 while it can hold above $4.20
Add To Hit List
In these Portfolios
Related Q&A
Does MM like South 32 (S32) medium term?
S32
What triggers are MM looking for to buy mining shares?
Is it time to pull the trigger on South32 (S32)?
A potential copper remedy for S32 and SFR?
Who does MM believe will buy Khoemacau copper mine in Botswana?
What are MM’s top picks for resources exposure?
South 32 is it worth buying
Does MM like S32 & / or PLS?
S32 buyback – will it be supportive?
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Thursday 18th April – ASX200 +32pts, Resmed (RMD), Transurban (TCL), Santos (STO) & SRG Global (SRG)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Thursday 18th April – DOW -45pts, SPI +20pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.