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“Your Stock Request” – 11 April 2024

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:APX), (ASX:BKW), (ASX:AGY), (ASX:MLX), (ASX:WGX) Michael Gable is managing director of Fairmont Equities.   Latest prices available on the ASX website. You can learn more about technical analysis in this article.  An 8-week FREE …

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Why would a company participate in a share consolidation?

Paladin Energy Ltd (ASX:PDN) has recently announced a share consolidation where current shareholders will see ten existing shares become one. This change will increase the share price ten times. We discuss reasons why a company might choose to complete a share consolidation, also known as a reverse stock. Share Price Management: One of the most common reasons for a share consolidation is to increase the company’s stock price. This can make the stock more attractive to institutional investors and may …

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The strong run in Bega Cheese can continue

Shares in Bega Cheese (ASX:BGA) have re-rated since mid-February. This was driven by the normalisation in profit margins for the Branded business and an expected recovery in the Bulk segment. Indeed, results for the six months to 31 December 2023 (1H24) were stronger than market expectations. Having come off its recent high of $4.37 in late February, we consider whether current levels still present value. About Bega Cheese Bega Cheese has historically focused on dairy processing but has diversified into …

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Share tips

Share tips – 8 April 2024

Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated 8 April 2024. You can access the full version of the article HERE. To stay up to date with our best recommendations, sign up to an 8-week FREE TRIAL of our weekly client research.   Buy Recommendations ASX:FMG As a result of the recent decline …

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“Your Stock Request” – 4 April 2024

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:COL), (ASX:PPT), (ASX:SGM), (ASX:MSB), (ASX:ALK) Michael Gable is managing director of Fairmont Equities.   Latest prices available on the ASX website. You can learn more about technical analysis in this article.  An 8-week FREE …

Read More“Your Stock Request” – 4 April 2024

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