Alpha Recommendation: BUY Stanmore (SMR)
BUY Stanmore (SMR)
ResMed Inc.(RMD) pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. and lower costs for consumers and healthcare systems in more than 140 countries.
NHC is currently trading at a discount relative to its intrinsic value and peers, presenting an attractive entry point based on key valuation metrics.
Given the recent rally in Stanmore Resources Limited’s stock price, driven by the fire at Anglo American’s Grosvenor mine which significantly reduced global seaborne coking coal supply, we recommend taking profit on half of our position.
Buy Add – Stanmore Resources (SMR). Stanmore Resources (SMR) owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East (operational), Isaac Downs Project (under development) and the Isaac Plains Underground Project.
Stanmore Resources (SMR) Stop Loss Hit – Close – Sell
Stanmore Resources (SMR) owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East (operational), Isaac Downs Project (under development) and the Isaac Plains Underground Project.
Stanmore Resources (SMR) owns and operates the Isaac Plains Complex in Queensland’s prime Bowen Basin region which includes the Isaac Plains Mine and processing facilities, the adjoining Isaac Plains East (operational), Isaac Downs Project (under development) and the Isaac Plains Underground Project.
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, we hit our target exit price and took profit on the trade.
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, We are generally bullish the energy sector and see SMR as a short term buy with a 10% trailing stop