News
A bottom up approach, defensive growth and 25 years of experience drive fundie’s market strategy
In the lead up to this week’s The Insider: Meet the Fund Manager, Gregg Taylor from Salter Brothers sat down with Reach Markets to provide a bit of information about his investment strategy, industries of interest and view on the market.
Highly prospective gold explorer looks to add ounces to development ready project
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In October, Lowell Resources Fund Management’s John Forwood selected Matador Mining as one of his favourite stocks, noting its potential for building…
Note from the MD: Earnings reports flood in, lithium fundamentals tested
While ASX 200 has slightly continued it’s retreat, it is today (15/2/23) only 3.74% away from breaking its 20 April 2022 all time high, as a flood of earnings reports have started coming in. CSL revenue was boosted 19%, but net profit was down 7%. Treasury Wines lifted their dividend by 16.7%, while Netwealth posted record earnings. CBA released a record half yearly profit of $5.2 billion, but its shares dropped more than 5% as their net interest margin was shown to have peaked in October. JB Hi-Fi admitted consumer spending has started to slow.
Biotech’s insider stakes convinced fundie to invest
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In October, Merchant Funds’ Andrew Chapman selected Race Oncology as one of his favourite stocks, regarding the company’s Zantrene® as a ‘first-in-class,…
Note from the MD: Higher terminal rate forecast while market weighs risk
Yesterday’s 25 basis point rate hike was largely expected by economists, but it was RBA governor Philip Lowe’s outlook of a 3.85% terminal cash rate that slightly stunned the market – with Australian equities pulling back and the dollar spiking. The ASX 200 was less than 1% off it’s all time high on Monday, but has since retreated to 1.5% away from its April 2022 record.
Gold M&A heats up as Newcrest set for biggest deal of the decade
Almost 60 years since they established an Australian subsidiary that turned into the country’s biggest gold miner, Newmont Corporation (NYSE: NEM) wants to bring Newcrest Mining (ASX: NCM) back under its control in what would be one of the biggest gold consolidations in Australian history.
Is the dodo due for a comeback?
Guess what’s not being made in China. Enough babies. China has been losing ground to its neighbour just over the Himalayas, India in terms of population growth. Chinese authorities in Hong Kong took this as a cue to contact recently married women, inquiring whether they expect to be expecting.
Far East Gold launches into resource definition drilling campaign
Far East Gold (ASX: FEG) is wasting no time advancing their flagship Woyla project. After making a major greenfield discovery in December last year, the company now has three rigs operating at two of the project’s prospects, with the goal of defining a resource. All assays from the phase one drilling campaign have been received, and reaffirm the company’s belief that Woyla is highly prospective to contain a high-grade gold and silver epithermal deposit.
Breakthrough cancer therapies develop while traditional treatments remain prevalent
Cancer therapy has historically been limited to the three pillars of treatment – surgery, chemotherapy and radiation. Each poses their own benefits, risks and limitations. Together with better diagnosis, these three pillars have been refined over many decades to the point where some cancers are not necessarily considered “the death sentence it used to be”. However, there were still almost 10 million deaths worldwide attributable to cancer in 2020 – and over 18 million cases diagnosed globally that year.
Fundie earmarks biotech underperformer for better times
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In October, Merchant Funds’ Andrew Chapman selected Dimerix as one of his favourite stocks, highlighting the company as being, at the time,…
FEG’s strong finish to 2022 sets up exciting base for 2023
After making a major greenfield discovery at their flagship Woyla project, Far East Gold (ASX: FEG) finished up the second quarter of FY23 with a plan to launch into a resource definition drilling campaign that will hopefully provide a tangible glimpse of the significant gold-silver resource potential that FEG has confirmed Woyla possesses.
Restructured fintech expects to accelerate towards profitability
If 2022 was the year in which Propell (ASX: PHL) launched itself on the pathway to profitability, 2023 might be when it gets to significantly pick up speed, according to the company’s recently announced Q2 FY23 quarterly activities report.
Connecting quality investors and innovative companies to facilitate mutual wealth creation with trust and transparency
Receive the latest news and media directly to your inbox
By clicking submit, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement.