18 Sharing Tips – May 2, 2022


Braden Gardiner, Tradethestucture.com

PURCHASE RECOMMENDATIONS

Alligator Energy (AGE)

The company was supported by rising uranium prices. We believe positive momentum should drive uranium prices higher in 2022. The uranium explorer’s share price has retreated from recent highs, but remains in an uptrend. Explorers are risky, but I expect buyers to support the stock in what has recently become a cheaper entry level.

CSR (CSR)

This building products company has been trading in a range between $5.62 and $6.32 since the start of July 2021. It spent time consolidating a rise of $3.65 on August 31, 2020. My Analysis technique suggests that the price is in the early stages of a new uptrend. The shares were trading at $6.085 on April 28.

MAINTENANCE RECOMMENDATIONS

Zimplats Holdings (ZIM)

The platinum producer has been in a strong uptrend since the start of 2021, rising from $13.39 on January 4, 2021 to $31.78 on April 28, 2022. The upward move seems prolonged, so I expect some profit taking before it starts to climb again.

Worley (WOR)

The stock price fell from $5.79 on March 23, 2020 to $12.97 on November 23, 2020. It fell to $9.35 on November 22, 2021. The shares were trading at $13.87 on April 28, 2022. My analysis suggests further upward momentum for this engineering. service provider with a more favorable outlook for financial metrics in the second half of fiscal 2022.

SALES RECOMMENDATIONS

Talga Group (TLG)

The stock price of this battery anode and advanced materials company has weakened since closing at $2.20 on Nov. 9, 2021. It recently announced that new drilling has begun on its graphite project. in Sweden. The shares fell from $1.74 on April 4, 2022 to $1.51 on April 28. The stock can remain under pressure, so I prefer the others for capital growth.

Hawsons Iron (HIO)

Hawsons is an iron ore developer and producer. It is concentrating on the development of its iron project near Broken Hill. The stock price fell from 17 cents on March 1, 2022 to 58 cents on April 28. At current levels, I think the stock has moved too strong too fast, so investors may want to consider locking in some gains to manage risk. .

Tony Locantro, Alto Capital

PURCHASE RECOMMENDATIONS

Auramine (AUN)

AUN has completed the acquisition of the Sandstone Gold project, with a resource of 784,000 ounces. The project includes a non-operational 500,000 tonnes per year processing plant, operating permits and camp facilities. AUN recently announced that it has identified lithium potential in its Mt Palmer project. We see AUN as an emerging gold producer, but lithium adds speculative upside potential given the immense interest in electric vehicles.

Mako Gold (MKG)

The company continues to report encouraging drill results on the Gogbala and Tchaga prospects in Côte d’Ivoire. It recently announced that it has identified two new mineralized zones. MKG remains well funded to continue exploration and develop the resource base towards feasibility studies and production scenarios. I view MKG as a high risk/high reward opportunity in the gold business.

MAINTENANCE RECOMMENDATIONS

Pacgold (PGO)

PGO is delivering encouraging results at the Alice River Gold project in North Queensland. It has a significant gold corridor to explore, with an emphasis on drilling deeper below historical production pits. The share price has performed well since its IPO on July 8, 2021. We believe PGO offers an attractive growth profile.

Nyrada Inc (NYR)

NYR is moving toward clinical trials for its promising cholesterol drug. There was a delay in manufacturing a drug in Shanghai due to COVID-19 lockdowns, which caused the share price to drop. NYR is also developing an oral treatment to reduce the impact of secondary brain injury and stroke. The Company expects to start the first-in-man Phase 1 study in the second half of calendar year 2022.

SALES RECOMMENDATIONS

Rio Tinto (RIO)

In my view, the mining giant reported weaker than expected iron ore shipments in the first quarter and flagged risks from sustained high inflation, further COVID-19 lockdowns in China and a protracted war. in Ukraine. High commodity prices provide an opportunity to consider taking profits in markets that may become more volatile.

Macquarie Group (MQG)

The company’s Commodities and Global Markets division delivered strong results, making it the flagship of the group. The diversified financial services group’s share price has risen significantly since late February and was trading at $202.96 a share on April 28. Investors may want to consider locking in some profits at a time when indices are hitting record highs.

Jabin Hallihan, Morgans

PURCHASE RECOMMENDATIONS

Silk Logistics Holdings (SLH)

This integrated logistics provider generated revenue of $182.5 million in the first half of 2022, an increase of 18.5% compared to the previous corresponding period. The company continues to generate growth on all key indicators. The full year forecast was later raised by 6% to 20%. We believe that if SLH converts potential into proven earnings growth, investors should be rewarded. We maintain our add recommendation and price target of $3.25 on April 28th.

Challenger (CGF)

This financial services company is experiencing positive momentum and its outlook is promising. The recent robust sales growth in the Life business is encouraging. The company’s earnings trajectory has improved this year. CGF is trading on an undemanding price/earnings multiple and we maintain our add recommendation and price target of $7.74 as of April 28th.

MAINTENANCE RECOMMENDATIONS

Endeavor Group (EDV)


EDV operates liquor outlets including Dan Murphy’s and BWS. The company has a large portfolio of hotels. The reopening of hospitality venues as part of the removal of COVID-19 restrictions offers better prospects. We expect a forward gross dividend yield above 3.5% in fiscal year 2022.

Macquarie Group (MQG)


MQG is a global provider of banking, advisory, investment and fund management services. The company’s exposure to long-term structural growth sectors, such as infrastructure and renewable energy, is a sound strategy. Our valuation is $209.62 per share. The shares were trading at $202.96 on April 28. We expect a forward gross dividend yield of 3.7% in fiscal year 2022.

SALES RECOMMENDATIONS

Commonwealth Bank of Australia (CBA)

The bank reported a statutory net profit after tax of $4.741 billion in the first half of 2022, an increase of 26% compared to the previous corresponding period. The result was better than expected and exceeded consensus forecasts. We retain a reduction recommendation for valuation reasons. In our view, competitors are trading at more attractive price/earnings multiples.

ASX Limited (ASX)

We recognize ASX as a stable and quality company. But, in our view, the ASX is trading at a high price/earnings multiple for a company that we consider to have a modest growth profile at this point. We maintain our discount recommendation and continue to seek a more attractive entry point.

The recommendations above are general advice and do not take into account any individual’s goals, financial situation or needs. Investors are advised to seek their own professional advice before investing. Please note that TheBull.com.au merely publishes broker recommendations on this page. The publication of these recommendations does not constitute an endorsement by TheBull.com.au. You should seek professional advice before making any investment decision.

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