Strategy Update: Switch 2% of Neuren Pharma (NEU) to Telix Phama(TLX)
Switching from Neuren Pharma (NEU) to Telix Pharma (TLX) in our balanced portfolio, capitalizing on Telix’s innovative cancer treatment advancements and market potential.
November 2023
Alpha Portfolio Recommendation: Buy – Coronado Global Resources (CRN)
Coronado Global Resources Inc (CRN) is an international producer of Met Coal, an essential element in steel production
Strategy Update: Agriculture Reporting Season – Switch 2% of NUF to GNC
The final leg of our agricultural earnings season strategy, we are recommending a switching the 2% allocation in Nufarm to GrainCorp
Alpha Portfolio Recommendation: Buy – XJO
Seasonaly, equities have a decent finish to November. This usually starts around Thanksgiving. So looking to go long XJO over this period
Balanced Portfolio Recommendation: Trim Short Nasdaq (SNAS)
The Nasdaq hedge is unlikely to work over the short-term as the thesis of the rate hiking cycle being finished, combined with the 70% occurrence of a “Christmas Rally”
Conservative Portfolio Recommendation: Add IPD Group Ltd (IPG)
IPD Group, valued at around $330 million, excels in electrical engineering, focusing on data centres, industrial installations, and EV charging infrastructure. After over five decades as a private entity, it went public in 2021, emphasizing its quality commitment and experienced management team, driving success and growth.
Strategy Update: Agriculture Reporting Season – GrainCorp Earnings Update
GrainCorp’s FY23 earnings showcased robust performance with an EBITDA of $565 million, strong international demand, record FFO results, and strategic UMG stake liquidation.
Alpha Portfolio Recommendation: Stop-loss Triggered Close SPFKCY
US CPI came in under expectations last night, which has helped S&P rally. This has triggered the stop loss on the S&P put warrants
Alpha Portfolio Recommendation: Sell – S&P500 (Using Warrants SPFKCY)
Moody’s changed the outlook on the US ratings to Negative. This morning US futures are slightly softer and this gives us an opportunity to short where risk can be managed easily, with a stop just above the recent highs.
Balanced Portfolio Recommendation: Add – Nufarm (NUF) 2%
Agricultural Earnings Season Update 13/11/2023
Strategy Update: Agriculture Reporting Season – Elders Earnings Update
Elders have reported results this morning beating expectations and rallying 10%. This positivity