Latest news with #JudoCapital
News.com.au
3 days ago
- Business
- News.com.au
Stock Tips: Never mind the alpha, what's the Sigma play 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. Sean Conlan – Leyland Private Asset Management BUY Sigma Healthcare (ASX:SIG) We believe SIG will grow into its current PE multiple by refurbishing existing Chemist Warehouse stores, opening 20 new stores per annum across Australia and by exporting the brand offshore. Judo Capital Holdings (ASX:JDO) Improved funding costs give us more comfort on the near-term margin outlook. With forecast a~34% earnings CAGR over the next three years, and trading at only 12x FY26 P/E we think the valuation is attractive. HOLD Treasury Wine Estates (ASX:TWE) TWE has trimmed guidance for FY25 earnings growth, citing lower-than-expected wine sales in the US where economic uncertainty is hurting consumer demand. Austal (ASX:ASB) We remain positive on the long-term outlook for ASB, considering the macro tailwinds and attractive growth profile, however, we are conscious of its current valuation. SELL Bank of Queensland (ASX:BOQ) While BOQ's simplification strategy and pivot towards business is bearing fruit, we think it will continue to struggle to make returns above the cost of capital over the medium term. Lovisa Holdings (ASX:LOV) We are concerned about the quality of stores recently opened and think that higher-than-normal rates of discounting may be driving strong LFL sales. Chris Watt – Bell Potter Securities BUY CAR Group (CAR) Resilient RV sales, solid international operations and strong earnings momentum support continued growth. The company continues to benefit from a scalable global expansion strategy that allows it to replicate its model across international markets. Treasury Wine Estates (ASX:TWE) While the US premium wine market is weak, core luxury brands remain strong. DAOU Vineyards synergies and broader international opportunities provide upside despite recent downgrades. HOLD Technology One (ASX:TNE) A strong first-half result confirms the business is executing well, with growing recurring revenue and cash flow. However, recent share price gains limit short-term upside. James Hardie (ASX:JHX) Strategy execution in US new construction is on track, particularly in the southern states. That said, macro softness and affordability challenges persist. SELL IDP Education (ASX:IEL) Deteriorating student volumes and shifting global immigration policy have led to significant earnings downgrades. Visibility remains poor, and risks are elevated. Cettire (ASX:CTT) Weak margins, US tariff headwinds, and a soft cash position point to a challenging outlook. The path to profitability appears longer and riskier.
Sky News AU
6 days ago
- Business
- Sky News AU
ASX 200 approaches all-time high point after Wall Street surges on the back of positive jobs numbers despite trade war
The ASX 200 has jumped 0.5 per cent on Wednesday after Wall Street surged on the back of strong jobs numbers that came at odds with concerns about Donald Trump's trade war. The jump puts the index about half a per cent from its February high point before the tariff announcements sparked massive sell offs amongst investors. It follows the ASX 200 finishing up about 0.7 per cent on Tuesday, despite IDP Education suffering a devastating 48 per cent share price drop after the company forecasted its earnings would halve. IDP has pared back some losses on Wednesday, with the stock up 4.6 per cent in the first 30 minutes of trading. The biggest movers so far include Judo Capital (up 6.5 per cent), Paladin Energy (up 6.1 per cent) and Boss Energy (up 5.3 per cent). Wall Street was in the green on Tuesday with the Dow Jones up 0.5 per cent, the S&P 500 rising 0.6 per cent and the Nasdaq jumping 0.8 per cent. Major chipmakers helped pushed the indexes up with Nvidia adding 2.8 per cent and Broadcom rising 3.3 per cent after the company said it had begun exporting its latest chip. The indexes were also boosted by US job openings unexpectedly rising in April to 7.4 million from 7.2 million despite Donald Trump's trade war, pushing the S&P 500 within three per cent of its all time high. London's FTSE 250 Index finished flat on Tuesday, while Germany's DAX Index jumped 0.7 per cent and the STOXX Europe 600 rose 0.1 per cent. New Zealand's NZX 50 Index has surged 0.6 per cent on Wednesday while Japan's Nikkei 225 has risen almost 0.9 per cent.
