Alpha Recommendation: Strategy Update – Droneshield (DRO)
Increase Price Target to $1.05 (+45%)
Alpha Recommendations
Alpha Recommendation: Buy – Electro Optic Systems Holdings Ltd (EOS)
EOS’s record revenue of $219.3 million, along with its successful A$35 million institutional placement, underscores its robust financial health and growth trajectory. The company’s strategic focus on expanding its defense technology portfolio, especially in counter-drone and space warfare,
Alpha Recommendation: Buy Hillgrove Resources (HGO)
Hillgrove Resources Limited (HGO) is an Australian mining company listed on the Australian Securities Exchange and focused on the development of the Kanmantoo Underground Copper Mine in South Australia and mineral exploration in the south-east of South Australia. The Kanmantoo Copper Mine is located 55km from Adelaide in South Australia
Alpha Recommendation: Buy – Droneshield (DRO)
DroneShield (DRO) provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. They offer customers bespoke counterdrone & electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms. Customers include military, intelligence community, Government, law enforcement, critical infrastructure, and airports.
Alpha Recommendation: Sell Take Profit on Half – Judo Capital (JDO)
JDO has reached it’s technical level on the upside, there is still reason to remain in the trade due to been a potential takeover target. So we are taking off half our position.
Alpha Recommendation: Stop Loss Hit- PeopleIn (PPE)
Upon reviewing PeopleIn’s first-half FY24 earnings, we recommend exiting our position. Despite a record revenue of $602.7 million, the company faced a significant decline in profitability, with EBITDA and NPATA down by 37.7% and 34.3%, respectively. This downturn is attributed to a shift towards lower-margin work and a decrease in permanent recruitment, particularly in the tech sector. Although PeopleIn has implemented cost-saving measures, the current financial challenges, exacerbated by tough market conditions, suggest a prudent move to mitigate risks.
Alpha Recommendation: Buy – Judo Capital (JDO)
Buy – Judo Capital (JDO). Judo Capital Holdings Limited (JDO) is an Australian bank with a focus on lending to small and medium enterprises (SMEs). Judo’s product offering provides SME Customers with tailored lending solutions for their SME business needs. The bank has 3,758 SME Lending customers and 35,050 Term Deposit customers.
Alpha Recommendation: Trade Cancelled – Super Retail Group (SUL)
Super Retail Group Limited (SUL) is the owner of four brands: Supercheap Auto, rebel, BCF and Macpac. These brands have positions in growing high-involvement lifestyle categories of auto, sports and outdoor leisure. SUL provides customers and nine million active loyalty club members with the option to experience brands whenever and however they choose – whether that’s through the network of 716 stores or via digital capabilities
Alpha Recommendation: Buy – Super Retail Group (SUL)
Super Retail Group Limited (SUL) is the owner of four brands: Supercheap Auto, rebel, BCF and Macpac. These brands have positions in growing high-involvement lifestyle categories of auto, sports and outdoor leisure. SUL provides customers and nine million active loyalty club members with the option to experience brands whenever and however they choose – whether that’s through the network of 716 stores or via digital capabilities
Alpha Recommendation: Buy – PeopleIn (PPE)
PeopleIN Limited (PPE) were the provision of staffing, business services and operational services. Services provided by the Group include workforce management, recruiting, onboarding, contracting, rostering, timesheet management, payroll, and workplace health and safety management.
Alpha Recommendation: Close Stanmore Resources (SMR)
Stanmore Resources (SMR) Stop Loss Hit – Close – Sell
