Stock Analysis

ALQ getting cheaper, but not cheap enough

Does recent weakness in the ALS Ltd (ASX:ALQ) share price make it cheap enough to buy, and is there further downside based on the technicals? The Company is a provider of professional technical services. These are primarily in the areas of testing, measurement and inspection across a wide range of sectors, supporting environmental monitoring, food & pharmaceutical quality assurance, mining and mineral exploration, commodity certification, equipment maintenance and asset care operations. There are three divisions: Life Sciences (49% of group …

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Has value emerged in Star Entertainment?

Over the last 12 months, Star Entertainment Group (ASX:SGR) has been consistently trading at a substantial discount to consensus market valuations. We recently researched SGR, to investigate the factors underpinning this and accordingly, to determine whether SGR shares represent a value investment. By way of background, the Company owns and operates three casinos in Australia: The Star Sydney, The Star Gold Coast and the Treasury Casino in Brisbane. Here is a brief analysis of the fundamentals, along with an analysis …

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Can Reliance Worldwide resume its stellar run?

By the middle of this year, Reliance Worldwide Corporation (ASX:RWC) had seen its share price double in the less in 2 years. However, it has fallen away in the last few months. Can the share price get back to its winning ways? About Reliance Worldwide Reliance Worldwide Corporation (RWC) is a global designer, manufacturer and supplier of premium-branded water flow and control products. These products are typically used by end-users such as plumbers/contractors. The customers purchase RWC’s products (either as …

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Is IRESS now a takeover target?

Does a 20 per cent slide in the IRESS (ASX:IRE) share price make it a takeover target? About IRESS IRESS is a supplier of technology solutions for clients in the financial markets, wealth management, and mortgage sectors. They have operations in Australia, NZ, UK, Asia, Canada, and South Africa. For the retail stockbroking and private wealth management industries, IRE’s unique selling proposition is that it offers a complete service. It meets a significantly large portion of a client’s core system …

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Is Cleanaway a defensive investment?

Can a recent acquisition push the Cleanaway share price higher? We take a fundamental and technical look at the Company. About Cleanaway Cleanaway Waste Management (ASX:CWY) provides residential collection services for all types of solid waste streams. These include general waste, recyclables, construction and demolition waste as well as medical and washroom waste (‘Collections’). They also own and manage waste transfer stations and landfills (‘Post Collections’). The Company recently expanded the operations following the acquisition of Toxfree Solutions (TOX), which …

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