xReality Group Limited: Hold
xReality Group Limited (ASX: XRG), formerly Indoor Skydive Australia Group Limited, is an Australia-based company. The Company specializes in building and operating virtual reality (VR), augment reality (AR), physical and digital simulation for the enterprise, defense and consumer leisure markets. XRG portfolio companies include indoor skydiving facilities, VR and AR entertainment, training and production. The Company owns and operates two indoor skydiving facilities, which includes iFLY Downunder in Penrith, Sydney and iFLY Gold Coast in Surfers Paradise. Its group of companies include XR production company Red Cartel; Defense simulation company Operator Tactical Solutions; two Australian Indoor Skydiving Facilities; and FREAK Virtual Reality venues.
Recent Updates:
On 22 February 2022, the company published its first half yearly report of FY22, where it highlighted that its revenue from ordinary activities for H1FY22 declined by 32% to $2.40 million, compared to the previous corresponding period (pcp). Its loss from ordinary activities after tax attributable to members increased by 96% to $1.23 million, compared to the pcp. No dividends were declared for the half-year ended 31 December 2021. Net tangible assets per share stood at 4.0c, an increase of 29% as on 31 December 2020. The result can be attributed to the pandemic, where COVID lockdowns were in place until October 11th, requiring NSW operations to be closed for 14 of the 26 weeks, or 54% of the reporting period. During the lockdown, the company was able to successfully execute a number of corporate initiatives including the acquisition of VR Production Company Red Cartel, launch of defence focused XR training division Operator Tactical Solutions and rebranding the head company to xReality Group which better reflects the company’s strategy and future direction. Moreover, the company received government assistance during the closures. With the re-opening of the consumer based operations in NSW on the 11th of October, XRG experienced a strong rebound in retail sales, in particular throughout late November and December in the lead up to Christmas.
Investment Summary:
With the restrictions lifted the entertainment businesses have experienced a strong return of customers throughout the Christmas school holidays through to the end of January 22. With all consumer based operations open and government enforced restrictions stabilising, the company expects a strong financial performance for existing operations over the 2nd half of the year. Therefore, we advise our investors to ‘hold’ their positions in the stock or may also go for a ‘speculative buy’ in the stock at the current market price of $0.065 as on 22 February 2022 to bring the cost of stock accumulation down.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Morella Corporation Limited: Hold
Morella Corporation Limited (ASX: 1MC), formerly Altura Mining Limited, is an Australia-based exploration and resource development company. The Company is focused on lithium and battery minerals. The Company is engaged in exploration activities on two project opportunities, located, in Tier 1 mining jurisdictions in both Australia and the United States of America. The Company secures and develops raw materials to support the surging demand for battery minerals, critical in enabling the global transition to green energy.
Recent Updates: On 22 February 2022, the company highlighted that it has completed Phase 1 of a Passive Seismic Survey (PSS) on the Fish Lake Valley Lithium Project in Nevada, USA. Additional geophysical survey work has been planned and is expected to commence soon. The company has engaged US based geology and mining services group Rangefront Mining Services to undertake field activities and data collection, the collected data will be then processed and interpreted by Perth based geophysical consulting group Resource Potentials Pty Ltd.
On 31 January 2022, the company provided quarterly activities report where it highlighted that it secured access to the lithium raw materials through execution of earn-in agreements for Fish Lake Valley Lithium Project in Nevada and Mallina Lithium Project in Western Australia. Results from the passive seismic survey is expected to get released to the market when available. Under the Mallina Lithium Project (Morella Earn-in Option for 51%), it has been stated that the historical exploration confirms lithium mineralisation at Mallina and a three-hole drill program has been planned to commence in March/April 2022 focussing on the Eastern Group Pegmatites.
Lithium Outlook: As per the reports, prices for all lithium chemical/commodity types (technical grade, battery grade and pre-cursor materials) have been reported by multiple price reporting agencies (including Benchmark Mineral Intelligence, S&P Platts Global and Fastmarkets) as reaching record highs, with continued upward pressure due to an under-supplied market. Over this Western Australia is experiencing well-reported labour shortages which is impacting companies looking to increase production or recommence mothballed operations. It is assessed that this will further delay the physical market’s ability to meet the strong and growing demand and will support a continued supply deficit for the foreseeable future keeping upward pressure on pricing.
Investment Summary
The company had a cash balance of $6.9 million as on 31 December 2021, with net cash position increased from the previous quarter due to receipt of funds from equity raising activities. As the primary efforts for the Mallina Lithium Project is towards approvals, regulatory requirements and commercial engagements, the drilling program is expected to commence in late Q1 early Q2 (CY) 2022. Therefore, we advise our investors to stay invested in the stock as the lithium stocks are the stocks for future and rising lithium price are most likely to boost the company’s earnings in the long term. Hence, we give a ‘hold’ rating on the stock for the long term at the current market price of A$0.020 as on 23 February 2022.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Bisalloy Steel Group Limited: Hold
Bisalloy Steel Group Limited (ASX: BIS) is the manufacturer of high-strength structural, wear-resistant, and armour steel plates using quenched and tempered steel. The company’s products are used in the mining, construction, general fabrication, and defence sectors.
Recent Updates: Recently, the company notified the market the Anti-Dumping Commission started an investigation into the alleged dumping of quenched and tempered steel plate exported to Australia from the United States of America on 15 March 2021. However, the company has submitted a response to the Exporter and Importer Verification Reports. BIS added that the Commissioner is now due to make a recommendation to the Minister in a final report on or before 25 May 2022.
Steel Outlook: The escalated tension between Russia-Ukraine, has put a lot of pressure on the commodity prices. Looking at the demand-supply equilibrium, it won’t be wrong to say that the iron ore prices are not going to start moving down any time soon. So, the rise in steel prices is expected to benefit the company.
Investment Summary The company seems to have decent financial strength evident by the substantial growth in topline and bottom line. Looking forward, the company is optimistic about solid performance from the CJV with strong volume growth. Considering all the above factors, financial strength, and current trading level, we give a “Hold" rating on the stock at the closing market price of AU$1.855 as of 17 March 2022.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Cooper Energy Limited: Hold
Cooper Energy Limited (ASX: COE) is an Australia-based exploration and production company. The Company is engaged in supplying gas in south-east Australia and cooper sbasin oil production. The Company’s operations and interests include offshore gas production in the Gippsland Basin, Victoria, from the Sole gas field; offshore gas and gas liquids production in the Otway Basin, Victoria, from the Casino, Henry and Netherby (Casino Henry) gas fields; onshore oil production and exploration prospects in the western flank of the Cooper Basin, South Australia; the Athena Gas Plant located near Port Campbell in western Victoria; the Manta gas and liquids field in the Gippsland Basin; the Annie gas discovery in the offshore Otway Basin; and exploration and appraisal prospects in the Otway, Gippsland and Cooper Basins. The Company operates through two segments: Cooper Basin and South-East Australia.
Recent Update:
On 2 August 2022, the company highlighted that it has completed the last stage of the capital management initiatives announced on 20 June 2022. It has signed a new A$420 million senior secured revolving facility agreement with a group of six domestic and international financial institutions. The facility is a flexible, group reserves-based style loan that will refinance the A$158 million currently drawn under the Company’s 2017 facility and provide the financial flexibility to accelerate the organic projects. In another update, COE has commenced the integration and transition period following the completion of the acquisition of the Orbost Gas Processing Plant from APA Group.
Investment Summary:
The company’s operating performance is expected to improve in FY22, FY23 and FY24, therefore investors can stay invested in this stock if they haven’t liquidated their shares already. Current energy crisis has led to increase in gas prices which is benefitting the company. Moreover, its capital raise initiatives and investment plans indicate strength of its organic plans. On trailing twelve months (TTM), its EV/Sales multiple stands at 3.4x, lower than the industry median of 8.8x, indicating stock to be undervalued at the current juncture. Hence, considering all the facts, we advise investors to stay invested in the stock (“Hold”) to reap good gains in the future.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Lake Resources N.L.: Hold
Lake Resources N.L. (ASX: LKE) is an Australia-based company, which is engaged in exploring and developing lithium brine projects in Argentina. The Company’s projects include Kachi Project, Cauchari Project, Olaroz Project, Paso Project and Catamarca Pegmatite project. The Kachi Project is located in Argentina’s Catamarca Province at the southern end of the Lithium Triangle and consists of an area of approximately 705 square kilometers (km). The Cauchari Project consists of an area of approximately 480 square km in Argentina’s Jujuy Province. The Olaroz Project is located in Argentina’s Jujuy Province, approximately 15 km north-east of Orocobre’s lithium production facility. The Paso Project is located in Argentina’s Jujuy Province, approximately 30 km west of Orocbre’s lithium production facility. The Catamarca Pegmatite project is located in Argentina’s Catamarca Province and covers an area of approximately 720 square km.
Recent Update:
On 16 August 2022, the company announced cessation of its 2,500,000 securities under description LKEAR: PERFORMANCE RIGHTS. The reason for cessation has been lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied.
On 29 July, the company provided its June quarter update, wherein it highlighted so many ongoing developments such as:
Investment Summary:
The company’s operating performance is expected to improve in FY23, FY24 and subsequent years. Looking at the current devastating images of drought like situation, change in shape of rail and roads due to extreme heatwave in Europe and North America, has raised global concern toward climate change which has prompted the nations to switch to clean energy sources. Reducing dependence on hydrocarbons and increase in the EVs are the factors bolstering demand of lithium in the coming times.
Under technical analysis, on the weekly timeframe chart, LKE’s stock is trading above important exponential moving averages (i.e. 20-ema, 50-ema and 200-ema), suggesting buyer’s strength. Hence, considering all the points above, we suggest investors stay invested (“Hold”) in the stock at the current juncture.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
THE A2 MILK COMPANY LIMITED (ASX:A2M)- Hold
The a2 Milk Company Limited is a New Zealand-based company engaged in the sale of products made with milk from cows that produce milk naturally containing only the A2 protein type. On weekly chart, the stock is trading above 20-ema and 50-ema. Moreover, 20-ema seems to cross 50-ema from below indicating buyers’ strength. RSI (14-weeks) is at 60.94, indicating bullish momentum.
ARISTOCRAT LEISURE LIMITED (ASX:ALL)- Hold
Aristocrat Leisure Limited is an Australia-based gaming content and technology company. The Company is a publisher of free-to-play mobile games. The company has two operating units: Aristocrat Gaming and Pixel United. Pixel United encompasses the Product Madness, Plarium and Big Fish Games businesses. The stock is trading above all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart.
BESTON GLOBAL FOOD COMPANY LIMITED (ASX:BFC)- Sell
Beston Global Food Company Limited is an Australia-based company engaged in production and supply of milk. The Company’s business activities consist of production of dairy, meat, water products, food, beverage and pharmaceutical products. The Company’s segments include Australian Dairy, Australian Meat, Australian Other segment and International Other segment. The stock is trading below all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart. Moreover, it has recently shown a breakdown from its strong horizontal support.
BHP GROUP LIMITED (ASX:BHP)- Hold
BHP Group Limited is an Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash, metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore and Coal. The stock is trading above all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart.
BUBS AUSTRALIA LIMITED (ASX:BUB)- Sell
Bubs Australia Limited is engaged in the business of infant formula, family dairy products and children's nutrition products. The Company produces goat dairy products and organic food products for all ages under the Bubs brand. Its products include cow’s milk formula, goats milk formula, organic baby food, cereals, toddler snacks, Vita Bubs, puree, rusks, infant and children's vitamin and mineral supplements. The stock is trading below all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart.
COPPER MOUNTAIN MINING CORPORATION (ASX:C6C)- Hold
Copper Mountain Mining Corp is a copper-gold producing company, which is engaged in the business of mineral exploration, development and operation of mineral deposits. The Company’s projects include Copper Mountain Mine, Eva Copper project, and Cameron Copper project. Copper Mountain mine is located approximately 20 kilometers (km) south of Princeton, British Columbia and 300 km east of the port of Vancouver. The stock is trading above an important support of 200-ema. There is a good probability for the stock to move up.
CARSALES.COM LIMITED (ASX:CAR)- Hold
carsales.com Limited is an Australia-based online automotive, motorcycle and marine classifieds company in Australia. The Company provides a marketplace to buy and sell buying and selling cars, motorcycles, trucks, caravans and boats. The Company operates through five segments: Australia Online Advertising Services, Australia Data, Research and Services, Australia carsales Investments, and Americas and Asia. The stock is trading above all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart.
CRITICAL RESOURCES LIMITED (ASX:CRR)- Hold
Critical Resources Limited is an Australia-based exploration and development company. The Company is focused on base metals and lithium exploration and project development. The stock seems to have a formed a symmetrical triangle chart pattern. Hence, investors are advised to stay invested in the stock, untill or unless there is a breakdown in this chart pattern.
FORTESCUE METALS GROUP LTD (ASX:FMG)- Hold
Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. The company offers a decent dividend yield of around 12%. Moreover, the stock is trading an important support level of 200-ema on weekly chart.
GLOBAL LITHIUM RESOURCES LIMITED (ASX:GL1)- Hold
Global Lithium Resources Limited is an Australia-based lithium exploration company. The Company is focused on two prospective Western Australian projects the 100% owned Marble Bar Lithium Project (MBLP) in the Pilbara region and the Manna Lithium Project (80% owned) in the Goldfields region. Being lithium stock, it can be kept in the portfolio for a long term. Moreover, the stock is in uptrend.
LEGACY IRON ORE LIMITED (ASX:LCY)- Sell
Legacy Iron Ore Limited is an Australia-based active exploration company. The Company has a diverse portfolio of assets spanning iron ore, gold, base metals and tungsten. The stock has recently shown a breakdown from its strong trending support. Hence there is a good probability for the stock to move downwards.
LANTHANEIN RESOURCES LTD (ASX:LNR)- Hold
Lanthanein Resources Limited, formerly Frontier Resources Ltd, is an Australia-based mineral exploration company. The Company is focused on rare earth elements and battery metals, directly in line with global push for carbon neutrality driven by renewable energy, primarily wind turbine installations and electric vehicle adoption. On weekly chart, 20-ema is above 50-ema, indicating buyers’ strength. The stock may move in a consolidation phase given the fact that it is trading close to 200-ema level.
OCEANA LITHIUM LIMITED (ASX:OCN)- Hold
Oceana Lithium Ltd is an Australia-based mineral exploration and development company. The Company is focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. Looking at the strong term outlook of lithium, it would be advisable to stay invested in the lithium stock for long.
PURE HYDROGEN CORPORATION LIMITED (ASX:PH2)- Hold
Pure Hydrogen Corporation Limited is an Australia-based energy company with hydrogen, gas and mobility businesses. The Company is focused on the development of hydrogen and fuel cell technology in Australia. As the global economy is working towards green energy sources, green hydrogen is expected to play a big role. Hence, it is advised to investors to stay invested in the stock.
RIO TINTO LIMITED (ASX:RIO)- Hold
Rio Tinto Limited is an Australia-based mining and metals company. The Company operates through four segments: Iron Ore, Aluminum, Copper and Minerals. Attractive dividend yield of around 10%. The stock is trading close to its 52-week low levels, hence share accumulation can be done to get benefit of cost averaging.
SCENTRE GROUP (ASX:SCG)- Hold
Scentre Group owns and operates the preeminent portfolio of living centers in Australia and New Zealand. The Company’s geographic segment consists of Australia and New Zealand. Decent dividend yield of around 5%. Moreover, the stock is trading above 20-ema and 50-ema, suggesting buyers strength.
SAYONA MINING LIMITED (ASX:SYA)- Hold
Sayona Mining Limited is a lithium producer, with projects in Quebec, Canada and Western Australia. In Quebec, the Company’s assets comprise North American Lithium (NAL) together with the Authier Lithium Project and Tansim Lithium Project. The stock is in uptrend underpinned by stock pirce> 20-ema>50-ema>200-ema.
SEZZLE INC. (ASX:SZL)- Hold
Sezzle Inc. is a purpose-driven payments company. It provides digital payments platform that allows merchants to offer their consumers an alternative to traditional credit. Its technology solutions include Sezzle Platform, Sezzle Up, Sezzle Virtual Card, and Long-Term Installments. The stock is trading above a very strong support, hence there is a probability to move upward.
TECHNOLOGY ONE (ASX:TNE)- Hold
Technology One Limited is an Australia-based company, which is engaged in the development, marketing, sales, implementation, and support of integrated enterprise business software solutions. The Company's segments include Software, Consulting, and Corporate. The stock is in uptrend underpinned by stock pirce> 20-ema>50-ema>200-ema.
XERO LIMITED (ASX:XRO)- Sell
Xero Limited is a software-as-a -service company. The Company offers a cloud-based accounting software. Its segments include Australia and New Zealand (ANZ) and International. The Company provides online business solutions for small businesses and their advisors. The stock is trading below all the major exponential moving averages i.e. (20, 50 and 200-ema) on the weekly timeframe chart.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Beston Global Food Company Limited: Sell
Beston Global Food Company Limited (ASX: BFC) is an Australia-based company engaged in production and supply of milk. The Company’s business activities consist of production of dairy, meat, water products, food, beverage and pharmaceutical products. The Company’s segments include Australian Dairy, Australian Meat, Australian Other segment and International Other segment. The Australian Dairy segment owns and operates production plants and uses milk to produce cheese and other dairy products. The Australian Meat segment is focused on the production of meat and related products for expanding domestic and export markets. The Australian Other segment includes other Australian domiciled businesses developing technological software for tracking the provenance and authenticity of goods, as well as the production of spring water and related products. The International Other segment includes foreign entities providing sales support and customer support for customers of the consolidated entity. BFC's stock is trading below all the major exponential moving averages i.e. (20, 50 and 200-ema), suggesting further downtrend. Hence investors are advised to square-off their position.
Bubs Australia Limited: Sell
Bubs Australia Limited (ASX: BUB) is engaged in the business of infant formula, family dairy products and children's nutrition products. The Company produces goat dairy products and organic food products for all ages under the Bubs brand. Its products include cow’s milk formula, goats milk formula, organic baby food, cereals, toddler snacks, Vita Bubs, puree, rusks, infant and children's vitamin and mineral supplements. It also offers children’s vitamin and mineral supplements that are also formulated with goat milk and address immune, bone, digestive and cognitive health concerns parents have for their children. The Company offers goat dairy products and produces goat milk-based formulae for adult everyday use, formulations, and adult immunity support for domestic and export markets. Its products are sold in supermarkets and pharmacies throughout Australia, as well as exported to China, Vietnam, Southeast Asia and the Middle East. BUB's stock has shown a breakdown from its strong support. Hence, the stock may see further downside movement.
Critical Resources Limited: Hold
Critical Resources Limited (ASX: CRR) is an Australia-based exploration and development company. The Company is focused on base metals and lithium exploration and project development. The Company's projects include Mavis Lake Lithium Project, Graphic Lake Lithium Project, Plaid and Whiteloon Lake Project, Halls Peak Project and Sohar Copper Project. Its Mavis Lake Lithium Project is located in Ontario, Canada, and covers land of approximately 6,500 hectares (ha). Its Graphic Lake Lithium Project is located approximately 180 kilometers to the South-West of Mavis Lake Project and covers approximately 2,100 ha of claims. Its Plaid and Whiteloon Lake Projects cover an area of approximately 5,700 ha of highly prospective lithium claims in an area known as the Electric Avenue. Its Halls Peak Project is located in New South Wales (NSW), Australia and has two exploration licenses in north-eastern NSW (EL4474, EL7679) covering an area of approximately 132 square kilometers. CRR's stock is forming a symmetrical triangle chart pattern, and hence can be said to be in a consolidation phase.
Lanthanein Resources Limited: Hold
Lanthanein Resources Limited (ASX: LNR), formerly Frontier Resources Ltd, is an Australia-based mineral exploration company. The Company is focused on rare earth elements and battery metals, directly in line with global push for carbon neutrality driven by renewable energy, primarily wind turbine installations and electric vehicle adoption. It has 100% interest in the Murraydium, Gascoyne, Koolya and Kalgoorlie projects which are all located in Australia. The Company also owns 100% of the Tolukuma project in Papua New Guinea. The Tolukuma Project is located approximately 70 kilometers North of the Capital Port Moresby and accessible by air or walking trail. The Tolukuma gold mine contains high grade, narrow epithermal veins. The Murraydium Project is located in the south-eastern region of Naracoorte in South Australia’s Murray Basin, consisting of four exploration license applications, covering an area of approximately 873 square kilometers. LNR's stock has recently corrected from its 52-week high level. It has taken support at its 50-weeks exponential moving average. It is expected to move up.
Pure Hydrogen Corporation Limited: Hold
Pure Hydrogen Corporation Limited (ASX: PH2) is an Australia-based energy company with hydrogen, gas and mobility businesses. The Company is focused on the development of hydrogen and fuel cell technology in Australia. The Company has an interest in a hydrogen fuel cell vehicle development company, five hydrogen projects under development, and three gas projects, such as Windorah Gas Project in the Cooper Basin, Project Venus CSG in the Surat Basin in Queensland and the Serowe Project CSG in Botswana. The Company is focused on the development of hydrogen fuel cell vehicles through H2X Global Limited (H2X) and its subsidiary Pure X Mobility. It has a range of hydrogen fuel cell power generation units in conjunction with H2X, called Power H2 that can supply electricity without emissions using hydrogen fuel. In addition, the Company is developing natural gas-to-hydrogen modules using a plasma pyrolysis process which decomposes natural gas (methane) into hydrogen and solid carbon products. PH2's stock is trading just above a strong trending support. Hence there is a probability that the stock may bounce from this level. Investors are advised to keep strict stop-loss below $0.180.
Sayona Mining Limited: Hold
Sayona Mining Limited (ASX: SYA) is a lithium producer, with projects in Quebec, Canada and Western Australia. In Quebec, the Company’s assets comprise North American Lithium (NAL) together with the Authier Lithium Project and Tansim Lithium Project. It also holds a 60% interest in the Moblan Lithium Project (Moblan). Its NAL comprises 19 contiguous claims covering over 582 hectares. Its Authier Lithium Project comprise of hard rock spodumene lithium deposit. Its Tansim Lithium Project is situated 82 kilometres south-west of the Authier project, which comprises 355 mineral claims. Its Moblan is located in the Eeyou-Istchee James Bay region of northern Quebec. The Company in Western Australia comprise lithium and gold tenure in the Pilbara and Yilgarn areas and graphite prospective tenements in the East Kimberley. Its projects include Deep Well Project, Tabba Tabba Project, Red Rock Project, Mallina Project (lithium), Mt Edon Lithium Project, Mt Dove Project, and Corkwood Graphite Project. SYA's stock is trading above its strong horizontal support, and is trying to bounce back. Investors are advised to stay invested in the stock.
Sezzle Inc.: Hold
Sezzle Inc. (ASX: SZL) is a purpose-driven payments company. It provides digital payments platform that allows merchants to offer their consumers an alternative to traditional credit. Its technology solutions include Sezzle Platform, Sezzle Up, Sezzle Virtual Card, and Long-Term Installments. Sezzle Platform is a payments solution that instantly extends credit at point-of-sale, allowing consumers to purchase and receive the ordered merchandise at the time of sale and split the payment for the purchase over four equal, interest-free payments over six weeks. Sezzle Up is an upgraded version of the core Sezzle that supports consumers in building their credit scores by permitting them to report their payment histories to credit bureaus. Sezzle Virtual Card provides a rapid-installation, point-of-sale option for brick-and-mortar retailers through its compatibility with Apple Pay and Google Pay. It also provides access to rapid-installation, point-of-sale options for brick-and-mortar retail. The company is expected to improve on its top-line in the coming years. Hence investors are advised to stay invested in the stock and keep a strict stop-loss below $0.420.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
RENT.COM.AU LIMITED (ASX: RNT): Speculative Buy
Rent.com.au Limited is an Australia-based company that owns and operates real estate Websites focusing on the rental property market. The primary Website operated by the Company is www.rent.com.au. The Company offers products and tools, including Renter Resume, RentBond, RentConnect, RentCheck, RentPay, RentReports and more, created to simplify the renting process for renters, landlords and agents. Operating performance of the company is expected to improve in FY23 and subsequent years.
OAR RESOURCES LIMITED (ASX: OAR): Watch
Oar Resources Limited is an Australia-based metals exploration company. The Company, through its wholly owned subsidiary Lymex Tenements Pty Ltd, holds a number of tenements on the South Australian Eyre Peninsular which are considered prospective for halloysite and kaolinite mineralization, graphite, nickel, zinc and iron ore. The stock is trading close to a strong trendline resistance. Hence it would be advisable for investors to wait and watch the stock, and may build a long position if the stock shows a breakout.
IOUPAY LIMITED (ASX: IOU): Watch
IOUpay Limited is an Australia-based company that provides financial technology and digital commerce software solutions and services. The Company enables its institutional customers to authenticate customers and process banking, purchase and payment transactions. The stock is in downtrend, and so it is advisable for the investors to maintain a wait and watch stance on the stock at the current levels.
COHIBA MINERALS LIMITED (ASX: CHK): Watch
Cohiba Minerals Limited is an Australia-based company, which is engaged in the exploration of natural resources, including metals, precious metals, and minerals. The Company is focused on investing in the resource sector through direct tenement acquisition, joint ventures, farm in arrangements, and new project generation. The stock is trading above a strong support, and hence it would be advisable for the investors to let the stock cross 20-weeks ema from below. Till then its better to have a wait and watch stance on the stock.
ZIP CO LIMITED (ASX: ZIP): Very Long-Term Buy
Zip Co Limited is an Australia-based company engaged in the digital retail finance and payments industry. The Company' segments include APAC, Americas, EMEA, Zip Business and Corporate. APAC offers Buy Now Pay Later (BNPL) instalment or line of credit products to consumers in Australia, New Zealand and Singapore. The company’s topline is improving and is further expected to improve. However, it is yet to show profits. Hence, investors are required to have a good patience to see substantial gains in the stock.
ANDROMEDA METALS LIMITED (ASX: ADN): Watch
Andromeda Metals Limited is an Australia-based emerging industrial minerals company. Its Great White Kaolin Project covers two geographic areas of interest, both situated in the western province of South Australia. The company is in downtrend, and has formed a wedge like chart pattern. It needs to show a breakout in this chart pattern for confirming reversal in trend. Hence, we give a watch rating on the stock at the current levels.
EURO MANGANESE INC (ASX: EMN): Hold/Buy
Euro Manganese Inc. is a Canada-based battery materials company that is focused on advancing the development of the Chvaletice Manganese Project, in which it holds a 100% interest. Long term outlook of all the battery minerals is good. Hence, the stock can be kept in the portfolio for a long term.
RECKON LIMITED (ASX: RKN): Hold
Reckon Limited is an Australia-based software development company. It operates through three divisions: Business Group, Practice Management Accountant Group, and Practice Management Legal Group. The company's operating performance is expected to decline in FY22. However, it may improve in FY23 and FY24, subject to good market conditions. Hence, existing investors can stay invested in the stock. Its current dividend yield is 8.47%.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Nuheara Limited (ASX: NUH): Hold
Nuheara Limited (ASX: NUH) is an Australia-based hearing health company, that develops consumer wearables technology. The Company is focused on developed multi-functional intelligent hearing technology that augments a person’s hearing and facilitates cable free connection to smart devices. It created personalized hearing solutions that are multifunctional and accessible. Its products offer personalization and intelligent noise control features such as active noise cancellation (ANC), speech in noise control (SINC) and directional hearing focus that uses audio beamforming technology to isolate and enhance sound directly. Its IQbuds allows the user to augment their hearing according to their personal hearing preferences and connect hands free with their voice enabled smart devices. Its IQbuds App enable users to customize their sound environment with seven location settings and the ability to control levels of noise cancelling. The Company's products include IQbuds2 Max, IQstream TV and Bluetooth.
As per the company reports, it is expected to commence its trading on 23rd December 2022, following some announcement. On daily charts, NUH is on uptrend, underpinned by 20-ema > 50-ema.
There are few positive developments happening in the company such as it has expanded its US retail footprint. It is expected to increase 300 points of sale to 4,600 over the coming months, as it has received clearance from US FDA to manufacture self-fit hearing aids to fulfil initial orders from Best Buy and other US retail customers. In previous month, it achieved international medical device quality certificate, by accredited body TÜV SÜD to ISO 13485:2016 for the Design and Development, Production, Distribution of Wireless Air Conduction Hearing Aids.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Regal Partners Limited (ASX: RPL)
Regal Partners Limited (ASX: RPL) is an Australia-based company, which operates as specialist alternatives investment manager. The Company is a provider of alternatives investment strategies globally. The Company is engaged in providing investors with access to a diverse range of strategies covering long/short equities, private markets, real and natural assets, and capital solutions. The Company has four alternative investment management businesses: Regal Funds Management, VGI Partners, Kilter Rural, and Attunga Capital. The Company has approximately 45 investment professionals, located in offices across Sydney, Melbourne, Singapore, and New York. Its earnings per share in the last twelve months (LTM) was 0.03, compared to 0.36 in previous corresponding period.
Its current dividend yield as per Australian Stock Exchange is around 17% (historical), which is calculated by dividing total dividend (interim + final + special dividend paid in for FY21) over share price. Below is the following information:
Special Dividend (Net): 0.3971
Record Date: 2 June 2022, Pay Date: 9 June 2022
Final Dividend (Net): 0.06
Record Date: 7 March 2022, Pay Date: 16 March 2022
Interim Dividend (Net): 0.31
Record Date: 31 August 2021, Pay Date: 10 September 2021
Total Dividend (Special + Final + Interim) in FY21 = 0.7671, which upon dividing by share price $3.50, comes out to be around 22%, which after adjusted comes out to be around 17%.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Disclosure:
The information mentioned above has been sourced from the company reports and a third-party database, i.e., Refinitiv. Investors are advised to use strict stop-loss to protect their investments in case of any unfavorable/uncertain market events.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
