Stocks of the Hour: Sunstone Metals, Select Harvests, True North Copper
A snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Select Harvests (ASX:SHV) and True North Copper (ASX:TNC).
Read MoreA snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Select Harvests (ASX:SHV) and True North Copper (ASX:TNC).
Read MoreThe end of La Nina’s disruptions and the return of El Nino’s dry weather may well portend better times ahead for almond grower Select Harvests.
Read MoreCiti retains its Buy rating and $8.10 target price.
Read MoreThe improvement in the outlook for global almond prices and demand has seen Australian grower Select Harvests upgrade its expectations for its 2021 crop by more than 20%.
Read MoreA fair bit going on at the moment, here are a few developing stories from over the weekend we thought you might like updates on, involving PEXA / LNK, ING, SHV, TAH and FMG.
Read MoreDespite the NSW floods almond harvest volumes at Select Harvests are unchanged, although softer prices have driven a reduction in earnings forecasts.
Read MoreShares in the ASX-listed almond producer Select Harvests have been cracked by investors after the company released a weak first-half result and cut its interim dividend.
Read MoreA strategy focused on actual businesses with momentum can repel market volatility. Importantly it can help you ride out any volatility because you understand that a “tweet” doesn’t translate to any effect on profits.
Read MoreSelect Harvests has used strong cash flow over FY19 to pay down all debt and underpin production growth for the future.
Read MoreFY19 results were ahead of UBS estimates at both the earnings (EBIT) and net profit level. Strong cash flow has allowed the company to pay down all debt and provides for a material future growth option.
Read MoreThe dry conditions in many of the key farming regions highlight the importance of water security for our listed agricultural plays. When it comes to water rights, some are in a better position than others.
Read MoreJust as Accord is attempting to ‘hug’ Mantra with a fat ‘non-binding, indicative offer, so an attempt to try and inveigle Select Harvests the same way has failed for a Middle Eastern investor.
Read MoreAnother mid cap with a solid interim out yesterday was Select Harvests (SHV) which boosted underlying profit 17% to $21.5 million for the six months to December.
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