to be fair a lot of what you said is the reality. However COL and WOW don’t make supermarkets. Overall profitability isn’t super by any means. As the $CommBank(CBA.AU$ and $Coles Group Ltd(COL.AU$ CEO said go have a look at apples margins and lack of tax paid? COL and WOW are a few $ per $100. Hardly super; and that is why you don’t see other players bothering to enter the market. Albo slapped the supermarkets with what? A 7% wage increase, what did you expect would happen? Pass on the costs.
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Citi – Rating SELL, Price Target $3.60💔
Goldman Sachs – Rating SELL, Price Target $2.80💔
The sound of those brokers downgrading is even more disturbing to me😫😫😫😫😫
$Pilbara Minerals Ltd(PLS.AU$
Goldman Sachs – Rating SELL, Price Target $2.80💔
The sound of those brokers downgrading is even more disturbing to me😫😫😫😫😫
$Pilbara Minerals Ltd(PLS.AU$
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Wealthy Leio
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Hard Coking Coal prices popped 11% yesterday….Just a thing of beauty for $Rio Tinto Ltd(RIO.AU$ , $Stanmore Resources Ltd(SMR.AU$ and $BHP Group Ltd(BHP.AU$ . All 3 are a BUY in my book…..( $Yancoal Australia Ltd(YAL.AU$ & $New Hope Corp Ltd(NHC.AU$ are mostly THERMAL COAL so won’t be getting as much gravy)
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$BHP Group Ltd(BHP.AU$ Added...at $44.51 area...still adding aggressively on the lower channel.
Wealthy Leio
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There are three very important things to note this week, it's not only options expiry on April 19th, but Bitcoin's likely halving event on April 20 and now we have Bloomberg saying the S&P500 could potentially revert, so it's worth potentially protecting for downside, which could mean maybe taking profits, or maybe keeping cash on the sidelines so you can pounce, should markets correct.
But today, we explore why that commodities ...
But today, we explore why that commodities ...
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Wealthy Leio
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Rio Tinto have released their first quarterly production report for 2024. This news comes before the market opens, so we’ll see their movement as the days goes on!
Production for all commodities are down in comparison in Q4 of 2023. However, if you look back at this time last year - aluminium, copper, IOC, and especially bauxite production has increased.
This can be attributed to the stabilisation of mines like Weipa, Gove, and Kitimat.
Copper has been a hot...
Production for all commodities are down in comparison in Q4 of 2023. However, if you look back at this time last year - aluminium, copper, IOC, and especially bauxite production has increased.
This can be attributed to the stabilisation of mines like Weipa, Gove, and Kitimat.
Copper has been a hot...
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Wealthy Leio
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Lynas ( $Lynas Rare Earths Ltd(LYC.AU$ ) is now in play as Gina has just picked up a 5.8% stake in the mighty rare earths miner…..
This move might even kick $Rio Tinto Ltd(RIO.AU$ into gear….
Due to the strategic importance of LYC, a potential buyer would have to offer in excess of $10.
BUY last sale $6.09
This move might even kick $Rio Tinto Ltd(RIO.AU$ into gear….
Due to the strategic importance of LYC, a potential buyer would have to offer in excess of $10.
BUY last sale $6.09
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Wealthy Leio
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$Rio Tinto Ltd(RIO.AU$ backs FY24 Pilbara iron ore output outlook of 323-338Mt
Backs FY24 Bauxite production view at 53-56 Mt, Aluminum production at 3.2-3.4Mt, Mined Copper production at 660-720kt.
Backs FY24 Bauxite production view at 53-56 Mt, Aluminum production at 3.2-3.4Mt, Mined Copper production at 660-720kt.
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Wealthy Leio
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Rio Tinto copper boss states: “Just bringing one & one together doesn’t add more copper,” he said. “The key question is how can we bring more supply.”
Build it‼️ $Rio Tinto Ltd(RIO.AU$
Build it‼️ $Rio Tinto Ltd(RIO.AU$
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Wealthy Leio
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Hi all. After the sale of our house we will have some money that we are looking to invest to ensure that we are financially stable (particularly as I will work a lot less for various reasons).
What would you recommend to invest in to make this possible?
We will have about 80k. Would ETFs be a good option? Aus or International shares?
Any help or advice would be appreciated. Thanks $AUD(BK20039.AU$
What would you recommend to invest in to make this possible?
We will have about 80k. Would ETFs be a good option? Aus or International shares?
Any help or advice would be appreciated. Thanks $AUD(BK20039.AU$
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