Latest news with #TobyGrimm
News.com.au
2 days ago
- Business
- News.com.au
Stock Tips: One expert makes a Sigma call, Aussie Broadband connects with another
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Toby Grimm – Baker Young Limited BUY Sigma Healthcare (ASX:SIG) Sigma's merger with Chemist Warehouse created Australia's dominant vertically integrated pharmacy group with a high growth outlook given our ageing population and wellness trends. Pinnacle Investment (ASX:PNI) Pinnacle should benefit significantly from the market's rally back to all-time highs with base and performance fees likely to exceed recently downgraded expectations. HOLD South32 (ASX:S32) The company's quarterly production update showed encouraging operational performance, and we note the Hermosa project in the US could be a tier one asset given supportive US critical mineral security policy. Woodside Energy Group (ASX:WDS) Alongside a relatively impressive quarterly output report, Woodside has confirmed key development projects are on track reducing risk and improving free cash flow available for distributions. SELL AMP (ASX:AMP) Recent share price appreciation underestimates continued competitive challenges and continuing investment needs. Combined with sub-optimal bank operations we see risks of setbacks and would be exiting. Helia Group (ASX:HLI) The loss of Commonwealth Bank and potentially ING mortgage insurance contracts (combined worth more than half the business' premiums in 2024) underscores a lack of competitive advantage and growth. Tony Paterno – Ord Minnett BUY Aussie Broadband (ASX:ABB) Remains well placed to grow market share as consumers trend to higher speed tiers and the NBN's fibre upgrade program rolls out. ARB Corporation (ASX:ARB) Australian new vehicles sales increased by 2.4% in Jun-25. ARB's key vehicle sales increased 15.0% in June, with the SUV and LCV market both lifting. HOLD Bapcor (ASX:BAP) After the recent strategy day, the company's key messages are on business simplification, continuing cost initiatives and improving retail operations. It expects operational improvements following headcount reductions and warehouse consolidation. Brickworks (ASX:BKW) Demand for BKW's Industrial property developments remain solid, with further growth in rental income expected. In Australia, recent rate cuts are expected to translate into improved housing activity late in 2025. SELL Evolution Mining (ASX:EVN) EVN delivered a slightly softer quarter result (higher capex), whilst the outlook showed higher costs. Trading expensive at these levels. Lynas (ASX:LYC) We believe the optimistic LYC share price rise since the MP Materials & DoD deal is misplaced. We don't believe they will benefit and the US has gone all-in on its domestic producer.
News.com.au
21-06-2025
- Business
- News.com.au
Stock Tips: Mirvac and Aussie Broadband are in the good books this week
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Toby Grimm – Baker Young BUY Mirvac (ASX:MGR) The diversified property developer screens as attractive value, offering exposure to strong residential, recovering office and resilient retail market conditions. NextDC (ASX:NXT) The data centre developer's share price remains below last year's equity raising, despite having secured funding for accelerated growth as evidenced by recent contract wins. HOLD Santos (ASX:STO) While XRG's indicative takeover approach at $8.89 per share likely faces stiff challenges, we believe it provides an industry validation that Santos' fair value is well above current levels. ALS (ASX:ALQ) The sample testing firm's surprise capital raising has paused the recent rally but does reduce debt and provide funding for acquisitions to further enhance already accelerating growth. SELL Treasury Wine Estates (ASX:TWE) Amidst persistent challenging industry conditions, the unexpected departure of its long-standing chief executive signals increased near term financial and strategic risk. Insurance Australia (ASX:IAG) IAG has enjoyed unsustainably favorable conditions in recent years with low claims and substantial premium hikes elevating earnings and we would recommend taking profits. Tony Paterno – Ord Minnett BUY Aussie Broadband (ASX:ABB) ABB is well positioned to grow residential market share as the NBN upgrades customer speeds, given the existing skew to higher speed tiers and products in market. Whitehaven Coal (ASX:WHC) WHC's fundamental outlook is continuing to improve (production up / unit costs down) with healthy underlying cash flows and robust long-term growth option. HOLD Technology One (ASX:TNE) TNE's 1H25 result was solid with beats. It has stepped up its guidance range for profit before tax growth. The company has a track record of delivering margins to the higher end of guidance. Sigma Healthcare (ASX:SIG) Chemist Warehouse's trading update highlighted continued robust operating momentum (store roll-out +19, +10.3% sales growth), as well as a step-change in margins. We move to a Hold on valuation grounds. SELL Hub24 (ASX:HUB) We remain very strong supporters of the HUB business. That said, given recent share price appreciation, we believe our positive investment thesis is factored into the current valuation. Netwealth Group (ASX:NWL) The price-to-earnings multiple of circa 50x or more is unsustainably high given its linkage to market sentiment.
