All the listed pathology businesses have been copping it recently.
$Healius Ltd(HLS.AU$ - healius down 55% 1YR
$Australian Clinical Labs Ltd(ACL.AU$ - clinical labs down 25% 1YR
$Sonic Healthcare Ltd(SHL.AU$ - sonic down 20% 1YR
$Integral Diagnostics Ltd(IDX.AU$ - internal diagnostics down 20% 1YR
Obviously it’s for good reason as they had huge profits and share price growth through COVID. They all have cited cost inflation as another reason for declining profits. Healius also has its own pr...
$Healius Ltd(HLS.AU$ - healius down 55% 1YR
$Australian Clinical Labs Ltd(ACL.AU$ - clinical labs down 25% 1YR
$Sonic Healthcare Ltd(SHL.AU$ - sonic down 20% 1YR
$Integral Diagnostics Ltd(IDX.AU$ - internal diagnostics down 20% 1YR
Obviously it’s for good reason as they had huge profits and share price growth through COVID. They all have cited cost inflation as another reason for declining profits. Healius also has its own pr...
2
Genuine question to aus politikers: How does the government get the structural deficit down? There is a lot of spending that has to be done, sure. What does the government target, where does it reduce spending or do we think they'll go the next election with budget deficits forecast for the next decade?
The Federal Budget can be a bit of a wildcard for the ASX 200 index 🎲.
But interestingly, since 2000/01, on average, the ASX 200 has gained a tiny boost of 0.18% the day after the Budget release. 📈
That's not a huge jump, but hey, every little bit helps! 😉
$S&P/ASX 200(.XJO.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$
But interestingly, since 2000/01, on average, the ASX 200 has gained a tiny boost of 0.18% the day after the Budget release. 📈
That's not a huge jump, but hey, every little bit helps! 😉
$S&P/ASX 200(.XJO.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$
2
And for my industry?
Well, I'm in the tech sector, so I'm always keeping an eye out for investments in technology and innovation.
That's where the future lies, after all.
So, if the budget can provide some incentives or funding for that, I'd be a happy camper.
Well, I'm in the tech sector, so I'm always keeping an eye out for investments in technology and innovation.
That's where the future lies, after all.
So, if the budget can provide some incentives or funding for that, I'd be a happy camper.
2
1
Citi: "For the 3Q24 trading update, we forecast cash earnings of around $2.4 billion, marginally ahead of consensus. Compositionally, we are about 1% below consensus on revenue (deposit pressures), but this is mitigated at the bottom line by lower bad debts."
Morgan Stanley: "In 3Q24, we forecast cash profit ex notable items to be down around 6% on the 1H24 quarterly average to $2.36 billion, and we forecast pre-provision profit to fall about 5% to $3.64 billion."
what should ...
Morgan Stanley: "In 3Q24, we forecast cash profit ex notable items to be down around 6% on the 1H24 quarterly average to $2.36 billion, and we forecast pre-provision profit to fall about 5% to $3.64 billion."
what should ...
1
The ETF spot price can depart from actual value of BTC. To bring fund back in line with BTC actual value authorized participants are allowed to create or redeem large blocks of shares.
APs are typically large financial institutions that profit from the arbitrage opportunity.
APs are typically large financial institutions that profit from the arbitrage opportunity.
1
$Bristol-Myers Squibb(BMY.US$ Sold small lottery tickets yesterday with a plan to buy more $Rio Tinto Ltd(RIO.AU$ today but instead I bought this turd on a whim. Very upset with myself
1
Portfolio is light in the 'Materials' sector. Looking to add and narrowed it down to RIO or BHP. I am leaning toward RIO. Open to any insights, change my mind or back me up... $Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$
4
First off, $Nucor(NUE.US$ was soaring to the skies 🚀 while $BHP Group Ltd(BHP.AU$ was taking a breather at a lower level.
But here's the kicker - BHP offers a WHOPPING 4.99% yield compared to just 1.1% from NUE! 💸 And guess what? Their expected EPS in 2024 still gives us roughly the same P/E ratios. 🤑
Plus, I'm NOT a fan of Nucor's crazy stock repurchases! 😒 I like to keep a diverse mix of metal/commodity stocks in my...
But here's the kicker - BHP offers a WHOPPING 4.99% yield compared to just 1.1% from NUE! 💸 And guess what? Their expected EPS in 2024 still gives us roughly the same P/E ratios. 🤑
Plus, I'm NOT a fan of Nucor's crazy stock repurchases! 😒 I like to keep a diverse mix of metal/commodity stocks in my...
3
Just had a double half decaffeinated decaf.... with a hedge fund manager..
Suggested gold stocks will perform from next week.
$Kingsgate Consolidated Ltd(KCN.AU$ 2nd processing plant refurbishment completed next week / week after.
Both plants give +6 million tonnes per annum processing capacity, +120,000 ounces, +$180,000,000 profit a year !
Current market cap just $300 mill at $1.22
Suggested gold stocks will perform from next week.
$Kingsgate Consolidated Ltd(KCN.AU$ 2nd processing plant refurbishment completed next week / week after.
Both plants give +6 million tonnes per annum processing capacity, +120,000 ounces, +$180,000,000 profit a year !
Current market cap just $300 mill at $1.22
1