We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, here it is in one handy location. Just click on the headline and you’ll be taken straight to the story.
Tuesday 6 December, 2022
Metcash Looking (and Selling Lots of) the Goods
A confident outlook for the rest of 2022-23 from Metcash, if the tick-up in interim dividend and solid sales growth seen in the first half of the year are any indication.
IGO Briefs Market on Lithium Ops, Nova Fire
Monday saw IGO with some news on good progress at its WA lithium hydroxide refinery, as well as an update on the weekend fire at its valuable Nova nickel mine.
Healthcare Stocks Show Signs of Strength
Andy Acker from JH says healthcare’s defensive qualities could help the sector outperform the broader equity market, while biotech could offer pockets of growth.
Market Nonplus about Chalice Murmurings
Investors paid little heed to weekend media reports hinting that a familiar name was trying to nail down a big stake in Chalice Mining and its lucrative Julimar prospect.
Rinehart Moving and Shaking Up the Northwest
Gina Rinehart’s private business has made two significant moves – one in rare earths in the Northern Territory and one involving natural gas in the Perth Basin, near the WA capital.
Where on Green Earth Do We Store All This Wind and Solar Power?
In a global energy transition characterised thus far by imperfect solutions and uneven progress, the market for one critical piece of the puzzle is about to blow up.
Wednesday 7 December, 2022
The Powerful Potential of Uranium
Despite expected growth in nuclear power, and a correlative increase in uranium demand, gaining exposure to this commodity sometimes proves difficult.
Oz Budget in Deficit for First Time in Four Years
Yes, we got another rate rise from the Reserve Bank yesterday but there was arguably an even bigger news item – the country’s first current account deficit in just over four years.
Like Water off an Aussie Farmer’s Back
Rural and regional Australia continues to show its resilience as the echoes from the third La Niña in a row spread along parts of the East Coast and South Australia.
Chinese EV Strength Continues to Drive Lithium
Record sales of NEVs in China last month, bringing to roughly 70% the jump over the past year, has again helped explain the continuing strength in lithium prices.
And Miles to Go Before the RBA Sleeps on Inflation
The RBA has raised interest rates for an eighth straight month, lifting its key cash rate by 0.25% to 3.1% as it continues to try and get inflation under control.
The Convention on Biological Diversity
Those in the know call it “The Biodiversity Cop” – but what is the Convention on Biological Diversity and why is it important in an investment context?
Katana Discusses QAN, Energy and the EV Thematic (video)
Katana Asset Management Portfolio Manager Romano Sala Tenna discusses a number of thematics, including airlines, consumer spending and EV commodities.
Thursday 8 December, 2022
Forrest’s Squadron Swoops on CWP Renewables
Andrew “Twiggy” Forrest has made his biggest renewables play with a multi-billion-dollar deal that will see his Squadron Energy subsidiary buying CWP Renewables.
Oz Economy Proving a Tough Beast to Slay
Solid consumer spending and several smaller contributors helped the economy grow 0.6% in the September quarter despite all of the RBA’s efforts to rein it in.
Fancy Moves Put Strike Back in the Warrego Mix
Strike Energy has dealt itself back into the battle for Warrego Energy, using some fancy stockmarket dancing to grab a blocking 19.9% stake in the WA-based gas junior.
SkyCity Latest to Not Pass Muster with AUSTRAC
SkyCity’s Adelaide casino is the latest to face court action over alleged non-compliance with anti-money laundering and counter-terrorism financing laws.
Santos Managing its Capital as Oil Price Tanks
As oil prices fell to new 11-month lows, Santos revealed a new capital management framework, kicking it off with another $350 million share buyback.
Friday 9 December, 2022
Look Beyond Home Base to Find Growth
Dev Chakrabarti from AB explains why investors should look beyond country-specific macroeconomic conditions to find the most promising sources of long-term growth.
Vale to Spin Off, Sell Stake in Metals Business
Brazilian mining giant Vale has confirmed that it will separate its copper, nickel and other metals business and sell a 10% stake in it to an outside shareholder.
Trade Slump Forces China’s Hand on Covid Protocols
China’s move to further relax its Covid controls was made easier to understand by the the worst performance for two and a half years in both imports and exports.
Outlook 2023: An investor’s guide to the year ahead (with video)
In their annual Investment Outlook, Fidelity International’s asset class experts offer comprehensive consideration on how to navigate the various markets in 2023.
Trans-Tasman Tudbuts: DOW, FSF, AIZ
Thursday’s ASX trading session turned out to be a busy one for trans-Tasman stocks, with Downer EDI, Fonterra and Air New Zealand each making headlines.
Chalice Keeps Pouring it on at Julimar
Chalice Mining has further confirmed the world-class potential of its Julimar metals prospect northeast of Perth with the announcement of a third major strike in the area.
