Oil market: Second phase of downcycle starts By Adrian Prendergast 21 April 2020, 1:15 PM We expect the panic selling to continue in oil futures markets and ETF’s and for it to extend into June. We have been waiting for this kind of oil price volatility (waiting for it to hit rock bottom) so we can gain conviction on our buy ideas, and it looks like it is quickly approaching. Read more...
Rio Tinto: Positioned to weather the storm By Adrian Prendergast 20 April 2020, 12:50 PM Concern around short-term metal prices for the sector remains, but we maintain our preference for RIO with an Add rating. Read more...
Podcast - Oil Price & OPEC By Adrian Prendergast 16 April 2020, 12:52 PM I provide an update on the latest developments in the oil market, following the announcement from OPEC+ of record supply cuts. I also detail our top picks across the sector. Read more...
BHP Group: Stays conservative By Adrian Prendergast 19 February 2020, 1:15 PM Despite reporting no direct impact on demand, sales, deliveries or payments stemming from the Coronavirus, BHP decided to remain conservative by not flexing its H1 dividend and keeping gearing at the low end of its target range. Read more...
Gold Sector: Q2-20 Overview By Dorab Postmaster 05 February 2020, 1:51 PM The Australian dollar gold price is currently trading at record highs. A strong gold price and weak A$ exchange rate equates to record high A$ gold prices. This positions A$ gold producers extremely favourably. Read more...
BHP Group: May need to make up ground By Adrian Prendergast 23 January 2020, 1:20 PM Overall a positive second quarter operational result from BHP. Read more...
Rio Tinto: Could be another div surprise By Adrian Prendergast 20 January 2020, 3:50 PM Reporting a solid Q4 for its flagship iron ore operations, we see Rio as having notable potential for announcing a special dividend at its February result. Read more...
Gold: Our top stock picks By Dorab Postmaster 07 November 2019, 11:10 AM While gold stocks have already posted strong performances, we see opportunities in junior and emerging companies as well as some larger producers such as Regis Resources that have pulled back to attractive levels. Read more...
Origin Energy: Energy markets performance will drag By Max Vickerson 04 November 2019, 2:15 PM Our long-term view of upside in the Brent oil price hasn’t changed but we think there’s not enough upside in our valuation to warrant buying the stock here. Read more...
Rio Tinto: Tracking to plan By Adrian Prendergast 17 October 2019, 11:30 AM RIO is trading near fair value, but we expect near-term iron ore volatility could uncover a better entry point Read more...