Winston’s Weekly: REIT results period wrap
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read More01 March 2024 – At the open, Australian shares, led by gains in the technology and resources sectors, reached a record high of 7733.2 points, rising by 0.2 per cent, with optimism fueled by expectations of central bank rate cuts in 2024. At 11:30am, the S&P/ASX 200 is 0.03 per cent higher at 7,700.80.
Read MoreA snapshot of the stocks on the move, featuring Chariot Corporation (ASX:CC9), Hexagon Energy Materials (ASX:HXG) and European Lithium (ASX:EUR, FRA:PF8, OTC:EULIF).
Read MoreInvestment by the private sector is now at eight-year highs, with projections indicating further acceleration in the 2024-25 financial year starting July 1.
Read MoreChile's SQM, the world's second-largest lithium producer, couldn't escape the impact of the 80%-plus slide in world prices for the metal over 2023.
Read MoreThe steelmaker is the major customer for the high-quality coking coal from the mine, and under its current contract, it has a first right of refusal should the mine be put up for sale.
Read MoreNyrada Limited (ASX:NYR) CEO James Bonnar discusses results for using NYR-BI03 to treat brain injuries.
Read MoreThe Nasdaq Composite advanced Thursday, rising to its first closing record since November 2021.
Read MoreRecent updates from retailers suggest a rebound in retail sales in January, following a significant fall in December. The dip in December was attributed to shoppers' heavy spending during November's sales events, followed by cutbacks leading up to Christmas and New Year.
Read MoreFormer President Donald Trump finds himself in a precarious financial position as he confronts mounting legal challenges. The latest setback stems from a New York fraud case, where he has been ordered to pay a substantial $US454 million civil penalty to the New York State Attorney General.
Read MoreUS inflation fell to 2.4% in the year to January, according to the measure most closely watched by the Federal Reserve.
Read MoreMichael Spreadborough – Executive Co-Chairman – NOVO Resources (ASX:NVO) is a gold explorer with one of the largest prospective gold and battery metals land packages in the Pilbara, a premier exploration and mining region located in Western Australia.
Read MoreMitch Thomas – CFO – Latin Resources (ASX:LRS) is exploring and developing sustainable minerals in Australia and Latin America to provide the planet with environmentally friendly products.
Read MoreGreg Miles – Managing Director – Caspin Resources Limited (ASX Code: CPN) is a new mineral exploration company based in Perth, Western Australia. Caspin has extensive skills and experience in early stage exploration and development. The Company is actively exploring the Yarawindah Brook Project in Australia’s exciting new PGE-Ni-Cu West Yilgarn province and the Mount Squires Project in the West Musgrave region, one of Australia’s last mineral exploration frontiers.
Read MoreMurray Hill – Managing Director & CEO – Elevate Uranium (ASX:EL8) is a uranium exploration company that has significant resources in Namibia and Australia and is making new discoveries through active exploration programs.
Read MoreIn January, retail sales increased by 1.1%, falling short of the expected 1.5% growth, indicating volatility in spending patterns. Despite a rise to $35.7 billion in sales, the year-on-year increase was only 1.1%, reflecting weak performance relative to the country's rapid population expansion.
Read MoreIn the interim results of Ramsay Healthcare (ASX:RHC), while the sale of its Asian private hospitals joint venture provided a substantial one-off profit, the broader business faced significant challenges over the past six months.
Read MoreA snapshot of the stocks on the move, featuring Ardea Resources (ASX:ARL), Thor Energy (ASX:THR) and Helix Resources (ASX:HLX).
Read MoreUnderperforming women’s wear retailer Mosaic Brands (ASX:MOZ) regards the six months to December as a 'turning point' for the embattled group.
Read MoreA slide in sales and profits was always on the cards after the retailer provided updates in recent months about the sales performance in what was a tough six months to the end of December.
Read MoreSouth32 (ASX:S32) has agreed to sell its Illawarra Metallurgical Coal mine and processing plant, located south of Sydney, to Indonesian and Australian buyers for up to $US1.65 billion.
Read MoreFirst, it was Evergrande, broke in 2021 and ordered liquidated in early 2024 with well over $US300 billion in debt. On Wednesday, it was the turn of its big rival, Country Garden.
Read MoreUS stocks ticked lower Wednesday as investors looked ahead at the personal consumption expenditure reading for January, which is the Federal Reserve’s preferred measure of inflation, due later this week.
Read MoreAustralian inflation remained above the 3% top of the Reserve Bank’s target range for another month in January, with the partial indicator for last month showing an annual rise of 3.4%.
Read MoreAs expected, the Reserve Bank of NZ has kept its official cash rate steady at 5.5%, showing little indication of imminent easing.
Read MoreChevron claims its $US53 billion takeover of Hess deal is being threatened by ExxonMobil and China National Offshore Oil Corporation (CNOOC) because they have the first right of refusal over the key Hess asset, a share of one of the hottest oil finds in the world over the past decade.
Read MoreApple garnered significant attention with the rational decision to abandon its EV ambitions, a move that resonated with a mix of reactions from despair to optimism within the sector.
Read MoreGold stocks are out of sorts currently…but looked primed to rumble down the line.
Click here to visit the Fat Tail Investment Research website.
https://fattail.com.au/contact/
Fund Manager Chris Pedersen discusses Servcorp (ASX:SRV), Reece (ASX:REH), and Universal stores (ASX:UNI).
Read MoreOn Wednesday, the ASX experienced a slight decline, ending a four-day winning streak, with the ASX 200 falling by 0.03%, attributed to disappointing earnings reports from major companies.
Read MoreChris Stevens – Chief Executive Officer & Executive Director – Coda Minerals (ASX:COD) is an advanced exploration company primed to unlock the value of the highly prospective Elizabeth Creek Copper Cobalt Project in South Australia’s world class mining jurisdiction, the Gawler Craton.
Read MoreOliver Kiddie – Managing Director – Legend Mining is an Australian exploration company listed on the Australian Securities Exchange (ASX:LEG). Legend’s mission is to make value-adding mineral discoveries and utilise all available asset bases to maximise stakeholder benefit.
Read MoreTim Mason – CEO – Eagle Mountain Mining Limited (ASX:EM2), is a copper focused exploration and development Company with a key objective of becoming a low emission producer at its high-grade Oracle Ridge project in Arizona, USA, to supply the rapidly growing green energy market.
Read MoreGraeme Sloan – Managing Director – Kali Metals (ASX:KM1) is a portfolio of assets that represents one of the largest and most prospective exploration packages across Australia’s world leading hard-rock lithium fields.
Read MoreAustralia's Consumer Price Index grew by 3.4% in January, falling below analysts' expectations of a 3.6% increase, holding steady from December's level.
Read MoreA snapshot of the stocks on the move, featuring Nyrada Inc (ASX:NYR), Bastion Minerals (ASX:BMO) and Global Oil & Gas Ltd (ASX:GLV).
Read MoreKula Gold Limited (ASX:KGD) Managing Director Ric Dawson provides an introduction to the company.
Read MoreThe S&P 500 and the Nasdaq Composite ended Tuesday’s session with modest gains as investors prepared for key inflation data to be released later this week.
Read MoreAnalysts found themselves off the mark when assessing the half-year results of plumbing supplies giant Reece (ASX:REH), as evidenced by the surprising 18% surge in share price witnessed yesterday, following a remarkable 70% increase in value over the past year.
Read MoreIn 2022, America's Federal Trade Commission (FTC) blocked the proposed $40 billion merger between Nvidia, the AI chip powerhouse, and ARM, the Japanese-owned UK-based chip infrastructure company.
Read More