Stock Analysis

Looking for value with Reece

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We recently researched Reece (ASX:REH) in The Dynamic Investor following a trading update issued to the ASX on 27 June. We took the view that the elevated trading multiple and several short-term factors would lead to a de-rating. Since our report, the shares have fallen by ~10% and are down by ~22% overall since the 27 June trading update. Accordingly, we consider whether the shares now present any value. About Reece Reece is a specialist wholesaler of plumbing, waterworks, heating, …

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Time for a recovery in Data#3 shares?

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Shares in Data#3 (ASX:DTL) have recovered well from their January lows, which were triggered by changes to Microsoft’s partner incentive program announced late last year. We recently researched the Company in The Dynamic Investor to assess the prospect for a further recovery in the share price. About Data#3 Data#3 provides IT products and services to almost exclusively Australian-domiciled clients. Data#3 partners with leading global tech firms (e.g. Microsoft) to procure, deploy and manage complex IT systems to its clients. Its …

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Assessing a buying opportunity with Worley

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We recently researched Worley (ASX:WOR) in The Dynamic Investor. Having successfully recommended the shares earlier this year, we assess whether the recent pullback still presents an entry opportunity. About Worley Worley is a provider of global engineering, advisory and project management services to the oil, gas, mining, power and infrastructure sectors. Key customers include most of the world’s largest oil and gas, mining, chemical and petrochemical companies. The Company provides engineering services across the entire project lifecycle, i.e. planning, development …

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Inghams. Do we love ’em?

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We recently researched Inghams Group (ASX:ING) in The Dynamic Investor to assess its attractiveness as an investment. ING is executing well on several fronts, including recovering lost Woolworths volume via new contracts, improving volume growth and passing through price increases. Since our report, the shares have continued to retrace. Accordingly, we consider whether this presents an opportunity. Or is the risk-reward balance still unfavourable? About Inghams Group Inghams Group is the largest vertically-integrated poultry producer across Australia and NZ, with …

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Can Steadfast shares break to higher levels?

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Shares in Steadfast Group (ASX:SDF) have been range bound since an ABC exposé on the strata industry in September last year. While that chapter is now in the past, the shares have never fully recovered and have underperformed its peer AUB Group in that time. We recently researched SDF in The Dynamic Investor to assess its attractiveness as an investment. About Steadfast Group Steadfast Group operates insurance broker and agency networks in Australia, NZ, Singapore and the US. The Company …

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