Sectors: Technology
Hi Market Matters Team
Life 360 reported Tues Q1 2025 results and have surged by around 26% as of early Fri Morning with new YTD high of $30.93. What’s your view going forward – Is it time to take profits or hold and let the stock ride this momentum? What target price do you see it reaching?
DRO – DroneShield – Still on your hitlist – What’s your latest view? -It has stagnated this week. Are you close to buying?
regards
Debbie
Dear James, Shawn and team,
Hello James and crew,
This morning with the portfolio reviews you reported: “We are adding DDR to the Hitlist for the Income Portfolio, with the risk/reward looking attractive below $9″. This is interesting and a company I have never before investigated. Whilst the CEO recently sold down his holding due to personal reasons it seems to have increased liquidity a little. Looks also too that the dividends are also paid randomly and not just 6 monthly. Whilst MM has indicated the good risk reward price to be below $9 and it is below that now, where do you think MM may consider a possible buy price range maybe?
IMD is a $1.5bn global mining tech business that entered the ASX 200 in March despite mixed performance from its customers, the ASX, and global miners. The company provides advanced drilling optimisation products, cloud-connected rock knowledge sensors, and data analytics solutions to the minerals industry.
ALL -8.85%: Reported 1H25 results today that underwhelmed, driven by weakness in its gaming operations which saw revenue increase by a very lacklustre 2.4% for the year. Shares were down over 13% at their worst, which was an overreaction to a 9% miss at the earnings line, though clearly ALL is a very ‘owned’ stock.
UBS initiated coverage on the sports analytics company yesterday, with a buy rating and $5.00 12-month price target, implying ~15% upside from yesterday’s close.
DDR is a rare beast, set to deliver solid growth (sales +10% last quarter), an attractive fully franked dividend yield (5.8%), while trading on an okay valuation (19x) after a reasonably tough period. Dicker Data is the largest IT distributor in the Corporate, Commercial, and Enterprise market in Australia, with the same themes driving outperformance at JB Hi-Fi (JBH) relevant for DDR. i.e. as businesses refresh technology to take advantage of developments in AI – this is the medium-term story.
We haven’t owned JD.com long however there’s been a lot thrown at the position since we entered in early February around ~US$40. A leading player in Chinese e-commerce, JD has been in the cross hairs of sentiment swings around China facing equities; however, operationally, they’ve been performing, overnight reporting the fastest pace of sales growth since 2022, thanks in part to consumer-targeted stimulus that subsidises purchases of electronics and household appliances.
360 +13.96%: jumped today on better-than-expected 1Q25 results with the stock price now having doubled since its ~$14 early April woes.
PXA -1.19%: Posted mixed 3rd quarter results showing continued market dominance and growth in Australia but slightly weaker figures in the UK.
