Vocus Group Ltd

VOC Details
·         Recovering stock sentiment post downfall: Vocus Group Ltd (ASX: VOC) stock recovered over 10.3% on April 19, 2017 at the back of improving sentiments, after falling over 25.6% in the last one month (as of April 18, 2017) owing to concerns over rising competition from its peer TPG Telecom. The stock would be paying a distribution on April 21, 2017.

·         Recommendation: VOC is expanding its business via acquisitions and has recently signed an Australian Capacity Agreement with Superloop. The group also intends to maintain its NBN momentum in 2H FY17. The stock has a decent dividend yield and we believe the bullish momentum would continue in the coming months. We give a “Buy” recommendation on the stock at the current price of $ 3.42

Beadell Resources Ltd

BDR Details
·         Reducing AISC: Beadell Resources Ltd (ASX: BDR) stock soared over 5.8% on April 19, 2017 with some improving sentiments. The stock had fallen over 17.7% in the last one month (as of April 18, 2017) at the back of negative sentiments prevailing over the mining sector. On the other hand, the group had reported a gold production rise of 19% year on year (yoy) to 145,870 ounces in CY2016 which is as per their forecasts. Given the volatile gold prices, the group has successfully cut 14% of their All-in Sustaining Costs to USD 866 per ounce.

·         Recommendation:BDR stock is currently trading at a reasonable level; however, given the gold price fluctuations, we give a “Speculative Buy” at the current price of $ 0.27

Washington H. Soul Pattinson and Co. Ltd

SOL Details
 
·         Delivered strong first half of 2017 performance: Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) stock improved 1.8% on April 19, 2017 despite trading ex-dividend. The group declared an interim distribution amount of $0.22 to be paid in May 2017.The group’s profit after tax surged attributable to members rose over 56.1% yoy to $149.0 million in half year ended on 31 January 2017. On the other hand, net asset value (pre-tax) slipped by 25.2% yoy to $4,506 million.

·         Recommendation: SOL stock rallied over 17.4% in the last three months (as of April 18, 2017) placing them at higher levels close to the full value. We give an “Expensive” recommendation on the stock at the current price of $ 18.94


Assets as at January 2017 (Source: Company Reports)

Disclaimer
 
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated pages are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd currently hold positions in:  BHP, BKY, KCN, PDN, and RIO. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.