High Conviction Growth: Xero XRO:ASX Update
Xero has announced it has entered into a binding agreement to acquire 100 per cent of US company Melio, with $3.9 billion in cash and scrip in upfront consideration.
Balanced Portfolio
High Conviction: BUY Findi FND:ASX
Findi Limited (ASX: FND) is well positioned for significant share price appreciation, underpinned by two major catalysts: the upcoming IPO of its Indian subsidiary on the Bombay Stock Exchange and the company’s strong FY25 results.
High Conviction: Sell (take 30% profit) Newmont NEM:ASX
Having a high holding in gold has now run its course to an extent to we are recommending a switch of half of our Gold holding to Silver via the ETPMAG ETF (physical Silver)
High Conviction: ADD to DFND ETF
DFND gives investors exposure to a portfolio of listed global companies involved in the military or defence industries. DFND aims to provide investment returns before fees and other costs which track the performance of the Index.
High Conviction Small Caps – Johns Lyng Group JLG:ASX Takeover bid
Johns Lyng Group (ASX: JLG) Company News – Takeover bid
High Conviction:SELL (take 17% profit) Gold Miners ETF GDX:ASX
The gold miners have now played catch-up with the Gold price and actually extended a further 11%. We see no further edge in holding the miners over the physical gold
High Conviction: Buy Boss Energy (BOE)
The investment case for uranium is more compelling than at any point in recent history, driven by a convergence of structural supply deficits, resurgent nuclear energy policy, and a dramatic shift in demand from the world’s largest technology companies—the so-called “Magnificent Seven” (MAG7)—as they race to secure clean, reliable power for their rapidly expanding AI and cloud data centers.
Consumer Staples Sector – SWITCH Elders ELD:ASX to Treasury Wine Estates TWE:ASX
SWITCH Elders ELD:ASX to Treasury Wine Estates TWE:ASX
High Conviction: Re-Buy Newmont (NEM)
Newmont Corporation (NEM) is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets, prospects and talent is anchored in mining jurisdictions in Africa, Australia, Latin America and Caribbean, North America, and Papua New Guinea
Hedge: US Credit rating downgrade
The negative catalyst of a US credit downgrade, particularly at over extended levels in a Bear market Rally give us an opportunity to hedge with a risk/reward ratio of clos to 5:1 which is a smart trade to take
Agriculture Sector – SWITCH Graincorp GNC:ASX
SWITCH Graincorp GNC:ASX to Elders ELD:ASX or FOOD ETF FOOD:ASX
High Conviction Balanced/income – Graincorp GNC:ASX Earnings
Performance of the MPC Markets High Conviction Stock Picks for the last 6 months