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nipper
Posted on: Today, 07:13 PM


Group: Member
Posts: 7,899

and, I think you are being disrespectful to Mr Adams; he made his money in advertising. Much loved by the ABC, he was a man ahead of his time, predating Virtue Signalling by a generation.
  Forum: By Share Code

nipper
Posted on: Today, 05:47 PM


Group: Member
Posts: 7,899

https://www.ft.com/video/06be766d-6f13-405f...72-dab96a797864

Three minutes
  Forum: Investment Discussion

nipper
Posted on: Today, 05:12 PM


Group: Member
Posts: 7,899

The beauty of having the B team given more prominence than their skillset would suggest they can handle is that the agendas are transparent.

  Forum: By Share Code

nipper
Posted on: Today, 09:31 AM


Group: Member
Posts: 7,899

good old BBC. so easy to critque, so hard to actually provide a pathway
https://www.bbc.com/news/business-54900418

Protecting fragile ecosystems from lithium mining

QUOTE
.. Producers have scrambled to raise production, but critics say traditional production techniques are damaging to the environment.
Conventional ore mining of hard rock deposits, predominantly in countries like Australia and China, has been criticised for the amount of fossil fuels used in the processing of the metal. ...

The method used in the so-called lithium triangle countries of Bolivia, Argentina and Chile is also under scrutiny. The salt flats, or salars, of that region hold more than 75% of lithium deposits and are likely to be the source of much of the future supply. Brine is pumped from beneath the salt flats into vast evaporation pools, a process that leaves behind lithium carbonate....


and then the story morphs into some rambling hopeful membrane extraction process. Just sounds like another press release
  Forum: By Share Code

nipper
Posted on: Yesterday, 06:06 PM


Group: Member
Posts: 7,899

Let it be known
QUOTE
I understand and have great sympathy
for everyone.
Also uttered by Foley

... but money talks
  Forum: Off Topic Chat

nipper
Posted on: Yesterday, 02:42 PM


Group: Member
Posts: 7,899

back trading .... opened at $7.00 and still $6.60

Vulcan –Zero Carbon Lithium®


LITHIUM BUSINESS ... €2.8BnNPV¹ Pre-tax ... 31% IRR¹ Pre-tax .... 40Ktpy LiOH¹ .... €474M starting CAPEX² .... €2,640/t LiOH OPEX³
ENERGY BUSINESS ... €0.7BnNPV⁴ Pre-tax ... 16% IRR⁴ Pre-tax .... 74MW Power ..... €226M starting CAPEX² .... €0.066/KWh OPEX⁴¹

Lithium Business only, 8% DCR ²Phase 1 only, ³Excluding royalties, ⁴Energy Business only, 6% DCR

World-first Zero Carbon Lithium® Project
Dual revenue Green energy & lithium
In the heart of the fastest growing lithium market in the world
Largest JORC lithium Resource in Europe
Team of world leading experts
Agreement with German geothermal operators
Project financially supported by the EU
  Forum: By Share Code

nipper
Posted on: Yesterday, 02:27 PM


Group: Member
Posts: 7,899

QUOTE
With key executives in jail or on the lam for having bilked Chinese investors out of $42 mln in a fraudulent P2P business, Bit Digital (BTBT) has moved on to a fake crypto currency business. We will show that the assets probably do not exist, and the business is designed to steal funds from investors.

BTBT tried to downplay the criminality. It disclosed that it had to replace Director Liu Xiaohui in September 2020 because the Company was not able to reach Mr. Liu. That is because, as BTBT knew, Liu was in jail.....



https://www.jcapitalresearch.com/
  Forum: Investment Discussion

nipper
Posted on: Yesterday, 01:21 PM


Group: Member
Posts: 7,899

Revenge of the bottom half: Biden's spending blitz spells trouble for the rich
QUOTE
...While all eyes over the last week were fixed on the putsch in Washington and COVID everywhere else, the Fed stunned investors with a policy pirouette. The Dallas, Atlanta, Chicago and Richmond Fed chiefs suggested in unison that the institution might start to wind down QE as soon as this year, with rate rises to follow quickly. They sniff inflation.

The M2 money supply, the country's money supply including cash, checking account deposits, and easily convertible near money, has risen 24 per cent over the last year. Nobody knows how long this will remain inert or how suddenly it will ignite as society opens up....
And the Democrat win in Georgia has given the big spenders a chance:
QUOTE
...Fiscal loosening will be met by monetary tightening sooner than markets had supposed. It is a major policy shock. Nor will the Fed intervene quickly to cap surging bond yields. Yields on 10year treasuries, still the global benchmark price of money, have doubled to 1.18 per cent since early October....

President elect Joe Biden has unveiled a $1.9tn (£1.4tn) stimulus plan for the coronavirus sapped US economy before he takes office next week. If passed by Congress, it would include $1tn for households, with direct payments of $1,400 to all Americans. The relief proposal includes $415bn to fight the virus and $440bn for small businesses.

QUOTE
the Fed ... has less need to keep bailing out investors ... in the hope of economic trickle down to the [ ] poor , if the Biden Treasury has taken over the job and is doing the heavy lifting. The Fed will therefore tolerate bigger Wall Street corrections. Put crudely, the Biden era mix of loose fiscal/ tight money [policy] is good for workers, less good for capitalists.
  Forum: Off Topic Chat

nipper
Posted on: Yesterday, 10:40 AM


Group: Member
Posts: 7,899

ha ha


• Galan to acquire 80% of the Greenbushes South Lithium Project from Lithium Australia NL (ASX: LIT)
• The Project is located 3 kms south of the world-class Greenbushes Lithium Mine which is owned and managed by Talison Lithium Pty Ltd
  Forum: By Share Code

nipper
Posted on: Yesterday, 10:31 AM


Group: Member
Posts: 7,899

This one has come to my attention
QUOTE
Sparc Technologies Limited (SPN), formerly Acacia Coal Limited, is a South Australian based company that is focussing on the development of technology solutions using the properties of graphene.

Target Graphene Applications :Marine & protective Coatings, Metals and Recovery from tailings, Environmetal Remediation.

SPN backed into the old Acacia Coal, using the defunct SP Ausnet ticker.

https://sparctechnologies.com.au/
Sparc Technologies has licenced graphene based technologies from the University of Adelaide, a leading institution in the field of graphene research, and will focus on commercialising graphene based technologies for large industrial markets.


SmallCaps has an article: https://smallcaps.com.au/sparc-technologies...hene-additives/
  Forum: By Share Code

nipper
Posted on: Yesterday, 09:37 AM


Group: Member
Posts: 7,899

QUOTE
Last week, on Friday, Tesla had $62 billion of trading volume in one day. This was the second highest day for any individual stock in history, only behind the day of the index inclusion. Those were not all retail investors.

Fund managers, Index funds now it is in the 500, index huggers. they are all forced to own the stock or risk underperforming the index. FOMO
  Forum: Investment Discussion

nipper
Posted on: Jan 14 2021, 06:53 PM


Group: Member
Posts: 7,899

Fourth day in a row, the SP is down and closing near lows. From $3.30 last week, it is now at $2.63, which is not good for a fintech growth story.

Customers using the Tyro terminal are without connections still, and talk of class actions looms.
QUOTE
Class action lawyers investigate potential claims as Tyro reveals 19 per cent of customers have been left without a working terminal.
That is some 10,000 terminals, and into Day Ten. Even made it to the 6 o'clock news..... nobody uses cash any more.

A mischievous comment elsewhere would be the nail in TYR coffin. Imagine how many would return?!? Is it true that effected businesses could go to Officeworks, buy an SQ terminal and be up and running quickly with another provider?
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 06:36 PM


Group: Member
Posts: 7,899

yes I did

This guy. He is a water skier, of repute. Just does it on monster waves like Jaws and Mavericks !

https://www.theinertia.com/surf/chuck-patte...ing-january-10/

of course he had a jetski tow. (!)
  Forum: Off Topic Chat

nipper
Posted on: Jan 14 2021, 05:17 PM


Group: Member
Posts: 7,899

Yep, I agree with that... Mavericks looks like just another wave. ... Until. OK so it is 50 ft. and also he wasn't towed by jetski, which makes it all the more remarkable. Such power


The tube footage .... I found myself leaning in. I've been in a tube, but not like that. Maybe 1/27th!?!?
  Forum: Off Topic Chat

nipper
Posted on: Jan 14 2021, 04:23 PM


Group: Member
Posts: 7,899

I wish to report this .... amazing surf ride ... 27 seconds in the barrel ride in Namibia


https://www.theinertia.com/surf/koa-smith-w...-second-barrel/
.



and what is called the ride of the decade, at Mavericks, last week
https://www.theinertia.com/surf/why-peter-m...ble-for-us-all/
  Forum: Off Topic Chat

nipper
Posted on: Jan 14 2021, 03:20 PM


Group: Member
Posts: 7,899

Mirrabooka has put 3 and a bit million $ in a position

QUOTE
...for ... Nanosonics (infection control and decontamination products), we have followed progress in these companies that meet our quality thresholds for many years. These were added to the portfolio during meaningful price dips that have since recovered. ..

... let's hope they bought at closer to $4.50 in March than $8 in Dec ... now $7.20.... and that is a $2billion company.
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 03:15 PM


Group: Member
Posts: 7,899

there is a report on SC front page
QUOTE
Corporate Connect analyst Marc Sinatra has raised his target price on Antisense Therapeutics (ASX: ANP) to $0.43 after a placebo controlled phase II trial involving potential competitor Sarepta Therapeutics' SRP9001 gene therapy failed to demonstrate an improvement in clinical function in 41 patients.

It is never nice to look at the bright side of a drug failure, but this has significant implications for the value of ANP, says Sinatra.

full report available for those interested:
https://www.sharecafe.com.au/2021/01/14/ant...-0-305-to-0-43/
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 03:06 PM


Group: Member
Posts: 7,899

Orthocell advised it has achieved 510(k) clearance from the United States Food and Drug Administration (FDA) to market and supply its CelGro device.

CelGro is a collagen scaffold that supports tissue reconstruction and repair, with a wide range of uses in orthopaedics, general, gynaecology and ENT surgeries. In the United States however, CelGro will be used for dental bone and tissue regenerations procedures. This includes dental bone repairs, growth around dental implants in extraction sockets, and tissue regeneration in intrabony defects.

The approved clearance will see Orthocell supply Striate+ for the United States dental market. Striate+, formerly branded as CelGro Dental, is manufactured in Australia, using the company's SMRT technology.

Following the milestone achievement, Orthocell will now seek negotiations with United States dental companies for marketing and distribution rights. Orthocell highlighted that after this recent success, it is confident of securing a distribution partner to bring the product to market.

Orthocell stated that CelGro can be further developed to service the peripheral nerve repair market. It is estimated that this sector alone is worth more than US$7.5 billion per annum, with 3 million potential CelGro procedures each year.

Orthocell managing director Mr Paul Anderson welcomed the positive outcome, saying:
QUOTE
US approval has come sooner than expected and is a significant inflection point for our Company. I am excited by this strategic milestone and the positive step it represents on our pathway to partnering Striate+ in dental GBR indications. I look forward to working with our leading dental surgeons to introduce the new global brand, Striate+, previously branded as CelGro Dental, and to make a meaningful impact in the US market.


up 25% to 58c
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 01:39 PM


Group: Member
Posts: 7,899

AVA out with good numbers today ... up 20%

Revenue and profit growth in the first half of FY2021 (unaudited):
• Sales Revenues have increased by approximately 70% compared to the same period last year to be in excess of $35.0 million for the half year.
• EBITDA has improved by circa 450% compared to the same period last year, to exceed $12.0 million for the half year.
• All business units are profitable for the half-year.
• Cash at bank as at 31 December 2020 of $13.4 million
.
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 01:27 PM


Group: Member
Posts: 7,899

QUOTE
It also validates our decision to engineer Visage 7 from the ground up to be natively cloud capable, with Intermountain deploying both the Visage 7 Viewer and Visage 7 Open Archive as part of our Visage in the Cloud offering, making this one of the largest cloud based PACS implementations in the world.

This is our fifth major contract win in six months. We believe this validates our belief that we have unique, market leading technology which, coupled with our expanded product portfolio and native cloud capability, has significantly increased our total addressable market in our key jurisdictions of North America, Europe and Australia.

.... PACS being Picture Archive and Communication System.

This latest contract win is the biggest for PME. $40mill over 7 years.

.Up 12%
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 11:00 AM


Group: Member
Posts: 7,899

A rally in the ILU share price coincided with a note by Goldman Sachs, which quantified the possible upside if Iluka moved ahead to build a processing plant.

The miner recently confirmed that it was looking at constructing a rare earth refinery at Eneabba in Western Australia. The move downstream will allow Iluka to capture more of the value chain, which should give a boost to its revenue and profit margins.

QUOTE
“Notwithstanding the permitting and technical challenges, our analysis shows that if ILU were to expand into downstream refining of monazite into a rare earth oxides, this could increase the value of the Eneabba & Wimmera projects to c. A$1.2bn,” said Goldman Sachs.

That equates to a $2.70 a share uplift to the Iluka share price and the broker has upgraded its 2025 earnings per share (EPS) forecast on the stock by 45%. This in turn prompted Goldman to up its price target on the Iluka share price by 22% to $7.20 a share.

Iluka is the world’s largest producer of zircon with a around a 30% share of the market. It’s also a significant producer of high-grade titanium dioxide (TiO2) feedstock.

The miner now has the potential to be a significant producer of rare earths as it plans to increase sales of rare earths to 9,000 tonnes a year from the second half of 2021. This will be done via the ramp-up of the Eneabba Phase 2 project,

The development of the Wimmera project could then take Iluka to 15,000 tonnes a year, or around 10% of the global market share, by 2025 or 2026.

This isn’t the only reason why Goldman is urging investors to buy the ASX stock today. It believes Iluka’s zircon and TiO2 sales will bounce by 20% this year with improving global demand for ceramics and pigment, with a belief that there will be a supply deficit of zircon this year due to falling global supply.

Motley Fool
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 10:47 AM


Group: Member
Posts: 7,899

Mirrabooka has bought in.... put in $3.7mill. I guess that would be post August, and there would have been a meeting with management (or 2) prior.
QUOTE
We have also followed progress at Superloop (fibre telecommunications provider) and saw an opportunity to invest with the arrival of a well credentialed management team which has a focus on extracting greater returns from a valuable asset base.

still a work in progresss; SP treading water around a buck
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 10:11 AM


Group: Member
Posts: 7,899

and MIR out with the Half Yearly.

Reflective of the quality of the portfolio, Mirrabooka delivered a return for the 6 months to 31 December 2020, including the benefit of franking, of 33.0%. This was ahead of the Combined Small Ordinaries and Mid Cap 50 benchmark which was up 21.9%, including franking, over the same period. Over the 6-month period, the portfolio has benefitted from strong share price performance in some of our larger holdings such as Mainfreight, ARB Corporation, Objective Corporation, Reece, Net Wealth, HUB24 and Xero. For the 12 months to 31 December 2020, the relative returns were 29.2% for Mirrabooka and 13.8% for the benchmark, with both figures including the benefit of franking.


Diminished earnings from lower dividends and distributions, by nearly 30%. Managed to pay a 3.5c ff dividend, sourced from Capital Gains, including OptiComm (taken over; $2.00 in Aug '19 to $6.67 in Oct '20) and Premier PMV plus trimming a few high flyers, Hub24 and Objective Corp.
QUOTE

NIB, Superloop and Nanosonics were purchased through temporary price weakness and Nuix was added through an initial public offering. Corporate Travel, which was previously owned, has inevitably been caught up in impacts of the pandemic. However, we decided to re-enter the stock as it very effectively navigated the impacts of the crisis and made a well-timed acquisition in the US.
.

The Company also announces a Share Purchase Plan to raise up to $40 million, with a closing date for participation of 15th February 2021.
  Forum: By Share Code

nipper
Posted on: Jan 14 2021, 10:00 AM


Group: Member
Posts: 7,899

people are precious. Those sound like the side effects of most vaccinations.

Smallpox jab (actually a scratch) was prolonged and horrible. You younger generation have got it easy lol
  Forum: Off Topic Chat

nipper
Posted on: Jan 13 2021, 09:58 AM


Group: Member
Posts: 7,899

I will answer the succession ... Nancy Pelosi becomes President if for some reason Biden does not

It is called a Constitution. Checks and Balances
  Forum: Off Topic Chat

nipper
Posted on: Jan 12 2021, 08:15 PM


Group: Member
Posts: 7,899

Biggest lender to the Trump businesses; Deutsche Bank, as well as Signature Bank (never heard of em)
QUOTE
more than $US300 million in debt is coming due in the next few years that the President has personally guaranteed...
.
QUOTE
... Deutsche bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due. Another longtime financial partner of the Trumps, Signature Bank, also is cutting ties. The bank, which helped Trump finance his Florida golf course and where Ivanka Trump, the President's daughter, was once a board member, issued a statement calling on Trump to resign as president "in the best interests of our nation and the American people".


Before becoming president, Donald Trump had cycled through many lines of business, including casinos, an airline and reality television. Some ventures were wildly successful, while others were colossal failures.Over the last two decades Trump has assembled an international collection of golf courses and resorts that now collectively represent about a third of the company's revenue, according to the most recent financial disclosure report. On Sunday the PGA of America announced it would strip Trump's New Jersey golf club of a major tournament, the PGA Championship.

Aw gee shucks
  Forum: Off Topic Chat

nipper
Posted on: Jan 12 2021, 02:07 PM


Group: Member
Posts: 7,899

as posted elsewhere: Quite a few Australian companies claiming to be the Next RE producer, by whichever path. Selected excerpts from most recent Investor Presentations:

HAS: 30/11/20
"Next RE producer (non-China) coming to production by 2023; construction targeted to start Q2 2021."
ARU: 09/12/20
"Only Australian NdPr focused project that is shovel ready. Construction ... 6 mths; Commission & Ramp-up ... 24 months."
VML: 26/11/20
"Operations commencing 2021; Aim for the production of a minimum of 5,000t contained REO by 2025." (Canada)
PM8: 01/10/20
"..bankable feasibility study for Longonjo, alongside a final investment decision the roll out of the mine development plan and main financing of the Project is well on track for the development of the first major rare earth mine in over a decade." (Angola)
ASM: 09/01/21
"Construction of Dubbo Project - mid 2021; Commissioning late 2023."
PEK: 01/12/20
"Solid framework agreement will allow Export Credit Finance to be developed over the coming year, and then construction/start up over next 2 Years."(Tanzania)
REE; 09/12/20
"Strategy is to produce a saleable monazite concentrate to sell on an FOB / CIF basis to China. " ( undefined timeline)
  Forum: Investment Discussion

nipper
Posted on: Jan 12 2021, 09:02 AM


Group: Member
Posts: 7,899

Oxymoronic .... an article I do not need to open..


Decluttering guru Marie Kondo launches 100 new products
  Forum: Off Topic Chat

nipper
Posted on: Jan 11 2021, 09:12 PM


Group: Member
Posts: 7,899

up 40% today


On 08 January, Cobalt Blue received a “please explain” from the ASX after shares in the company jumped almost 14% despite no news being announced.

The company today advised that it was “not aware of any explanation for the price change and increase in volume in the securities of Cobalt Blue, other than as referred to in previous ASX announcements”.

However, the company noted there were a number of factors that could explain investor interest in Cobalt Blue securities.

The company said that cobalt was a critical ingredient for high-performance lithium-ion batteries, which in turn are used globally to power electric vehicles (EV) and energy storage systems (ESS).

As many countries move towards clean energy, more subsidies on EV vehicles are being rolled out. These are significant, effectively subsidising between 20% to 35% of the purchase price of EVs in the European Union, for example ...and turning the bloc into the largest global market in EV.

The company also said that the upcoming Biden Clean Energy plan in the United States includes a US$400 billion investment supporting the roll out of 25 million EVs, which will be another tailwind for the company.

In addition, the cobalt market has increased significantly from US$12/lb in April 2020, to more than US$19/lb at this time. It believes the cobalt price is on track to retrace its four-year longer term average price of US$25/lb.

And finally, Cobalt Blue says that its Broken Hill based Pilot Plant is on track to operate from February 2021, as already announced to the market on 21 December 2020.

  Forum: Australia's Alternative Equity Market

nipper
Posted on: Jan 11 2021, 07:32 PM


Group: Member
Posts: 7,899

QUOTE
Tyro is experiencing a terminal connectivity issue with respect to a limited number of its EFTPOS terminals. The issue has been present since 7:00pm Tuesday 5 January 2021 and every effort is being made to achieve a resolution. To this end, Tyro is working closely with our terminal supplier, Worldline, who are assisting in the resolution effort.

Tyro is also doing all that it is able to mitigate the impact upon merchants with the issue appearing to impact ~15% of our terminal fleet as active in January 2021. At this stage the issue has caused a ~5% reduction in expected transaction values over the period in question.

TYR closed down on lows for the day, some 4%. Merchants are fuming. .... Some 100,000 terminals are down .... As the outage affecting thousands of eftpos machines stretches into a sixth day, irate small business owners are demanding compensation for merchant fees and lost revenue.

Ah, dependence on Third Party Suppliers.
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 07:23 PM


Group: Member
Posts: 7,899

Gold dropped

I am glad that Bitcoin lost 12% (from a recent high of 40,000 ... I will give it that). Reaffirms the thesis.
... also glad that I hesitated to go back in, having cashed in my insurance late last year.
  Forum: Macro Factors

nipper
Posted on: Jan 11 2021, 06:55 PM


Group: Member
Posts: 7,899

what is wrong with a Sandwich board?

(I hope they are net neutral for greenhouse gases)
  Forum: Off Topic Chat

nipper
Posted on: Jan 11 2021, 06:00 PM


Group: Member
Posts: 7,899

tried to run on renewed interest, but SPA slapped down to trend line (falling) after a minor NY rally
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 04:47 PM


Group: Member
Posts: 7,899

Vulcan now in a Trading Halt, after running hard this morning up 23% (95cents) to $4.99.
QUOTE
trading halt is requested pending an announcement by Vulcan in relation to a pre-feasibility study for its Zero Carbon Lithium project.

was $2.80 at start of Jan and under $1.00 at end of October 2020
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 04:37 PM


Group: Member
Posts: 7,899

QUOTE
gift that kept giving

that was then .... Sitting under the XMas tree. But then unwrapping began?

Hit $6.75 in 29th, then retraced; closed at $4.73 today (ARU up 20%; coincidence?)
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 04:33 PM


Group: Member
Posts: 7,899

ARU up 20% today on medium vol


No announcement.... presented at the New World Metals Conference held in Perth of Friday.
QUOTE
Definitive Feasibility Study (DFS) in 2019
Ore Reserves & Mining Inventory updated in 2020
Capital cost A$1,026m Low cost producer at US$23.71/kg NdPr (current price US$66.36/kg*)
Costs include ESG compliance
Only Australian NdPr focused project that is shovel ready

that is a lot of money needed
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 04:26 PM


Group: Member
Posts: 7,899

New name and ASX code

Alterity Therapeutics Limited (ATH), formerly Prana Biotechnology Limited, is an Australian biotechnology company which focusses to commercialise research into Parkinsonian movement disorders, Alzheimer's disease, Huntington disease and other neurodegenerative disorders.
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 04:25 PM


Group: Member
Posts: 7,899

Alterity Therapeutics Limited (ATH), formerly Prana Biotechnology Limited, is an Australian biotechnology company which focuses to commercialise research into Parkinsonian movement disorders, Alzheimer's disease, Huntington disease and other neurodegenerative disorders.
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 03:05 PM


Group: Member
Posts: 7,899

A range of tech companies, including Beforepay, Marketplacer, ActivePort, Sniip, Vinomofo and SiteMinder, have already begun or closed pre IPO funding rounds ahead of likely listings this year.
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 03:02 PM


Group: Member
Posts: 7,899

Strike Energy has unveiled plans for a $2.3 billion fertilisers venture in Western Australia, taking advantage of its abundance of low-cost gas discovered in the Perth Basin and involving also the production of green hydrogen.

The project is to be based at Geraldton on the WA midwest coast, and will involve partnerships for equity stakes and for sales of ammonia and urea produced at the plant.
QUOTE
Project Haber will secure more than 628 PJ of additional demand for Strike’s low cost Perth Basin gas and will support the commercialisation of the Greater Erregulla gas resources.
• Strike has completed feasibility studies with TechnipFMC on a national scale 1.4 mtpa urea facility with a blended input of some blue and green hydrogen.
• Development WA have approved for award to Strike an option to lease over 60 hectares of strategically positioned land near Geraldton with existing port, rail and road access.

• Urea production will consume the majority of carbon from the gas stream and will enable partial chemical sequestration of the project’s carbon output

  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 02:41 PM


Group: Member
Posts: 7,899

Bluechips rotating the lead of AFI holdings. Top 5:

End Dec 2020
1. CBA ... $648.7million .... 8.1% of portfolio
2. CSL ... $615.7million .... 7.7%
3. BHP ... $590.6million .... 7.4%
4. WES ... $371.5million .... 4.7%
5. TCL .... $322.9million ... 4.1%

End June 2020
1. CSL ... $608.5m ...... 8.5%
2. CBA ... $548.4m ...... 7.7%
3. BHP ... $498.8m ..... 7.0%
4. WES ... $330.5m ..... 4.6%
5. TCL .... $326.9m ..... 4.6%

End Dec 2019
1. CBA ....$631.2m .... 8.0%
2. CSL .... $584.7m .... 7.5%
3. BHP .... $524.7m .... 6.7%
4. WBC ... $387.3m .... 4.9%
5. TCL .... $341.2m .... 4.3%


End June 2019
1. CBA ... $654.0m .... 8.6%
2. BHP ... $554.8m .... 7.3%
3. WBC ... $440.9m .... 5.8%
4. CSL .... $440.3m ..... 5.8%
5. NAB ... $341.0m .... 4.5%

End Dec 2018
1. CBA .... $571.9m .... 8.6%
2. BHP .... $462.6m .... 7.0%
3. WBC ... $389.2m .... 5.9%
4. CSL .... $355.5m .... 5.4%
5. TCL .... $270.6m .... 4.1%
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 12:58 PM


Group: Member
Posts: 7,899

some in depth look under the bonnet for PAR
https://www.fiftyonecapital.com/paradigm-20...maceuticals-ltd
QUOTE
.....a structural study on PPS by Degenhardt M et al shows the differences between one competitors product & bene's PPS. The study showed the difficulties that other manufacturers have in replicating PPS, by confirming that the competitors' batches did not match the PPS monograph of benes.

Degenhardt also noted that "minor variations in the molecular shape and size of a drug can have profound effects on its pharmacological activities." Therefore the FDA and other regulators have yet to approve other generic PPS manufactures.

.
QUOTE
CONCLUSION


To simplify our view, we see it like this:
Paradigm has exclusive access to a drug (PPS) that has an excellent safety profile and multiple methods of action (i.e. could be used in multiple different indications) that have presently been under-explored. Focused on re-purposing PPS, Paradigm have developed a strong partnership with the only FDA approved supplier of PPS. This partnership (moat) adds another layer of protection to the company over and above their patent portfolio, creating a unique monopolistic situation should the company successfully commercialise products using PPS.

As research begins in potential new indications using PPS, Paradigm seems the obvious choice to commercialise any that show promise, effectively cornering the market for this multi-method of action molecule. After learning more about PPS and after discussions with KOLs and researches, we realise that we drastically underestimated how many indications PPS could potentially work within. While it is still early days, the successful OA trial is the first step towards a long and robust pipeline of potentially new indications that Paradigm could commercialise products for using PPS.

We really do believe the best years are ahead for Paradigm and that the recent clinical trial success is the first step in what should be a long and fruitful journey. Once products are commercialised the repeat use (recurring revenue) and huge markets should see revenue and profit grow exponentially. It's not often you find a company that has tremendous potential to grow into a multi-billion dollar pharmaceutical enterprise, and for those investors who have the foresight and patience to enjoy the journey, we believe will be thoroughly rewarded.
  Forum: By Share Code

nipper
Posted on: Jan 11 2021, 08:59 AM


Group: Member
Posts: 7,899

I do not think it is Kristallnacht nor is it 10 Days That Shook the World. All rather amateurish, really. time to move on.

Short term there is a phony rally happening abetted by the Central Bank Put(s) then we will have to see if this Covid thing can be beat, and whether the US can come up with responsible administration.
  Forum: Investment Discussion

nipper
Posted on: Jan 10 2021, 08:51 PM


Group: Member
Posts: 7,899

IXUP Limited (IXU) developed an innovative software environment providing security of data in trusted data collaborations. The IXUP environment helps organisations collaborate using multiple sources of data and therefore derive deeper insights to inform business strategy and gain competitive advantage. The environment is unique with its patented approach to security and matching which overcome security and technology challenges inherent in data sharing models.

The IXUP business was founded 9 years ago, and since then, the Company has been focused on the creation and commercialisation of its unique database encryption technology, which, for various reasons, has taken longer to commercialise than originally expected. Been listed since late 2017.

Market cap around $50million
QUOTE
While a lengthy commercialisation is fairly typical for a technology company creating a new product, this has been even more complex in IXUP’s case, as we have also had to create and educate customers about the various potential use cases at the same time.

Seem to be finding it hard to grow, Attracting right people seems a challenge.
  Forum: By Share Code

nipper
Posted on: Jan 9 2021, 06:35 PM


Group: Member
Posts: 7,899

Jeremy Grantham has come out with a cogently argued Top of the Cycle, repositioning is King argument. But when? (maybe April to June ish)

https://www.gmo.com/australia/research-libr...the-last-dance/

QUOTE
The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, I believe this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.

These great bubbles are where fortunes are made and lost .... and where investors truly prove their mettle. For positioning a portfolio to avoid the worst pain of a major bubble breaking is likely the most difficult part. Every career incentive in the industry and every fault of individual human psychology will work toward sucking investors in.

But this bubble will burst in due time, no matter how hard the Fed tries to support it, with consequent damaging effects on the economy and on portfolios. Make no mistake – for the majority of investors today, this could very well be the most important event of your investing lives. Speaking as an old student and historian of markets, it is intellectually exciting and terrifying at the same time. It is a privilege to ride through a market like this one more time.

not sure his conclusions work for me, but then I am not a multi billion fund manager
QUOTE
As often happens at bubbly peaks like 1929, 2000, and the Nifty Fifty of 1972 (a second-tier bubble in the company of champions), today's market features extreme disparities in value by asset class, sector, and company. Those at the very cheap end include traditional value stocks all over the world, relative to growth stocks. Value stocks have had their worst-ever relative decade ending December 2019, followed by the worst-ever year in 2020, with spreads between Growth and Value performance averaging between 20 and 30 percentage points for the single year! Similarly, Emerging Market equities are at 1 of their 3, more or less co-equal, relative lows against the U.S. of the last 50 years. Not surprisingly, we believe it is in the overlap of these two ideas, Value and Emerging, that your relative bets should go, along with the greatest avoidance of U.S. Growth stocks that your career and business risk will allow. Good luck!
  Forum: Investment Discussion

nipper
Posted on: Jan 8 2021, 11:04 AM


Group: Member
Posts: 7,899

wow. it is still around....

the only newsletter (free, and you get what you pay for) I still persist with is a weekly feed from The 10th Man by Jarad Dillian. I skirmish the John Mauldin content but it is very self serving.


Otherwise, it has to be random. Here's to the Heterodoxy. And Aggressive Centralism as espoused by Matthew MacConnaughey
The ability to count clicks, and measure time spent on the item, is a destroyer of quality. I really do not like the linguistic convolutions the ABC (taxpayer funded) goes through. Preachy preachy vomit.

(And, as an aside, pop songs are now 1:40 long, because UTube only pays if a viewer (listener) stays on for one and a half minutes, so ... why put up product you are not getting paid for? )
  Forum: Off Topic Chat

nipper
Posted on: Jan 8 2021, 10:26 AM


Group: Member
Posts: 7,899

less than a week to go, for the SPP (unless it closes earlier):


TLG has traded consistently above the $1.45, (went as low as $1.54 but usually closer to $1.70 and now nudging $1.92), so there is every likelihood it is oversubscribed. On previous form, the company has only ever taken in what it set out to raise, so the prospect of scaleback looms. From the offer:
As the SPP is not underwritten, the SPP may raise more or less than this amount. If the SPP raises more than A$10 million, Talga may decide in its absolute discretion to accept applications (in whole or in part) that result in the SPP raising more than A$10 million.
and the tricky bit ...
QUOTE
If Talga decides to conduct any scale back of applications ....[it] will be applied to the extent and in the manner Talga sees fit, which may include taking into account a number of factors such as the size of an applicant's shareholding at the record date, the extent to which the applicant has sold or purchased shares since the record date, whether the applicant has multiple registered holdings, the date on which the application was made and the total applications received from eligible shareholders.
  Forum: By Share Code

nipper
Posted on: Jan 8 2021, 09:19 AM


Group: Member
Posts: 7,899

Key points:
WA growers reap a higher-than-expected 16.5 million tonne harvest
The harvest is tipped to exceed $6 billion as high grain prices deliver producers a huge payday
The haul comes despite a historically dry season and the trade war with China

https://www.abc.net.au/news/rural/2021-01-0...prises/13039572
CBH Group would be on a roll.
  Forum: Investment Discussion

nipper
Posted on: Jan 8 2021, 09:11 AM


Group: Member
Posts: 7,899

The battle for Amaysim has taken another extraordinary turn, as obscure Sydney based hedge fund RAMCap has vowed to go directly to shareholders with its bid.
https://ramcap.com.au/
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 08:25 PM


Group: Member
Posts: 7,899

assuming gold at A$2500

• EBITDA of $110M pa
... Post Tax Project Free Cashflow of $447M
• Post Tax IRR of 69%
• Post Tax NPV $286M
• Payback 13 months
• Improved economics post budget COVID tax initiatives
• Carry forward tax losses of $42m (estimated) by 31 Dec 2020
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 07:57 PM


Group: Member
Posts: 7,899

jacsar mentioned Calidus.

Been around since 2017 ---Calidus Resources Limted (CAI) is a gold exploration company that controls the Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. Got a few other Pilbara exploration tenements (Klondyke, Otways, Blue Spec; all within 50Km of Warrawoona)..

. WARRAWOONA GOLD PROJECT
...... ON THE PATH TO GOLD PRODUCTION IN WESTERN AUSTRALIA (first gold poured 2021/22)

MAIDEN MEASURED MINERAL RESOURCE
Measured -12.5m by 12.5m drilling
• Indicated Resource - 25m by 25m drilling
• Large (10m x 2.5m by 2.5m) LUC model -includes significant dilution due to block size

• Resource open at depth and along strike

Ore Reserves of 14.3Mt @ 1.2g/t for 547koz
Wide (up to 35m) ore zones
• Detailed drilling shows higher grades than wider spaced drilling
• Strip ratio of 3.6 @ 0.3g/t cutoff –4.8 at 0.5g/t cutoff

• Schedule feeds plus 0.5g/t cut-off results in 1.2 g/t open pit feed grade for initial 5.5yr

  • .. DFS highlights production of 90koz pa at LOM AISC $1,290/oz over an initial 8-year mine life
  • .. On track to commence main construction in Q12021
  • .. Dual strategy of project development and aggressive exploration
Total Pre-Production Capital $120m
CASH (30 Sept 2020) $26M
DEBT FACILITY AVAILABLE $110M
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 06:45 PM


Group: Member
Posts: 7,899

Bell Potter second pick for 2021 goldie
QUOTE
Aeris Resources (AIS)
Aeris Resources had a transformational year in 2020, primarily due to the acquisition of the Cracow Gold Mine from Evolution Mining. From a single-asset
copper company highly leveraged to the copper price, AIS is now a multi mine copper/ gold producer offering a balanced exposure to two of our preferred metals.

Following completion of the acquisition on 1 July 2020, Cracow delivered an excellent maiden quarter for AIS, with production and costs beating our expectations. Combined with a good performance from Tritton, AIS cut its net debt position from ~$60m to $28.3m over the quarter. AIS has since repaid a further A$7.5m of its Bridging loan ahead of schedule and made a voluntary US$2.0m repayment to its Tranche B facility.

The Cracow acquisition, the strengthening of the balance sheet, the restructure of the share register and some exciting recent exploration success at Tritton is, in our view, just beginning to gain recognition in the market. We forecast strong earnings and cash flow growth in FY21 on low multiples and see the opportunity for a material re-rating for AIS in 2021.
Buy, Target Price $0.112
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 05:28 PM


Group: Member
Posts: 7,899

Regis Resources one of two gold miners in the picks by Bell Potter analysts for 2021; the other was Aeris Resources (AIS)

QUOTE
We continue to view RRL as an attractive, reliable gold producer. Consistent operating margins have been maintained across the business. The FY20 EBITDA margin of 52% is competitive with, or ahead of, key industry peers. RRL ongoing CAPEX is, in our view, an investment into attractive, capital efficient growth options that leverage off RRL's existing infrastructure ... an aspect of its operations that set it apart from many peers. This includes the McPhillamys Project in NSW which has made good progress through the permitting process, is well placed to advance to production, should deliver material production growth and could commence construction during 2021. In our view, the market attributes little value to this asset.

RRL also remains one of the sector leaders for shareholder returns. Its FY20 dividend equates to a payout of $41m and a payout ratio of 43% of NPAT for a 2.9% fully franked yield (at dividend declaration).

Buy, Target Price $5.72.
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 04:45 PM


Group: Member
Posts: 7,899

Future First Technologies Ltd (FFT), formerly PS&C Limited, is an information, communications and technology (ICT) and digital consulting organisations, with over 400 consultants, and locations in Melbourne, Sydney, Brisbane and Canberra.


The group is organised into four operating segments: Discovery + Insights, Design + Process, Delivery + Cloud and Defend + Security.
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 04:37 PM


Group: Member
Posts: 7,899

Yes .... quite likely,

It should be PS&C (which used to be under that name, is a serial underperformer) but has rebranded. Can't remember the name..


a minute later ..... there it is . In Oct 2020 ... good old delisted.com.au. Was PSZ, now FFT
FUTURE FIRST TECHNOLOGIES LTD


Good pickup.
  Forum: Investment Discussion

nipper
Posted on: Jan 7 2021, 01:20 PM


Group: Member
Posts: 7,899

Growth tech sector, (e.g. ASX:NDQ, ASX:HACK, and ASX:RBTZ) Nominated by David Bassanese, BetaShares
QUOTE
While value sectors like energy and financials are currently enjoying a rare burst of outperformance, to quote former Prime Minister John Howard, I suspect this may prove to be their “five minutes of sunshine” before growth sectors such as technology start trouncing them again.

In the years leading up to the COVID crisis, the global technology sector had crushed all before it. This encompassed not just America’s well known internet stocks on the NASDAQ exchange, but also Asian and Australian technology companies, and global hightech sectors such as cybersecurity, robotics and artificial intelligence. All these dynamic growth exposures are easily accessible on the ASX through the BetaShares NASDAQ 100 ETF (ASX: NDQ), BetaShares Global Cybersecurity ETF (ASX: HACK) and BetaShares Global Robotics and Artificial Intelligence ETF (ASX: HACK).

So why the current apparent rotation to value? Value was further crushed during the darkest days of the COVID crisis while technology gained added allure as a defensive sector given the stampede toward even more online activity. With the COVID clouds lifting, those sectors most beaten up during the crisis are naturally rebounding the hardest. But in my view, somewhere through next year, the strong structural growth drivers favouring technology should once again start dominating.
https://www.firstlinks.com.au/24-hot-stocks...-funds-for-2021

  Forum: Off Topic Chat

nipper
Posted on: Jan 7 2021, 01:10 PM


Group: Member
Posts: 7,899

Money3 Corporation Limited (ASX:MNY) Nominated by Peter Bell, Director, Bellmont Securities
QUOTE
Money3 is a well run, profitable and rapidly growing niche automotive lender that is only just appearing on many investors’ radars. As a provider of car loans largely for customers with a less than perfect credit history, the company has managed to grow its loan book at a CAGR of more than 32% over the last 5 years, benefiting as the big banks pulled back from this segment of the market to focus only on the most credit-worthy car buyers.

With a compassionate process for dealing with customer arrears and conservative lending practices that see all loans amortise to zero over the loan term (i.e. there is no residual loan left at the end of the term), the company has kept bad debts at modest levels, including an impressive performance during COVID. With a new financing arrangement from an A+ rated global bank due to come into place mid next year, the company's cost of funds will fall significantly, leading to a step change in profitability, on top of the organic ~20% pa loan book growth the company expects moving forward, and added accretion from a recent acquisition. Trading on a trailing PE of less than 17 times, and having recently entered the ASX300, the company is a rare example of a high quality, rapidly growing, reasonably priced business, that we think is likely to perform strongly in 2021.

Disclosure: Peter Bell owns shares in MNY personally, as does Bellmont Securities in its client portfolios and managed accounts.


https://www.firstlinks.com.au/24-hot-stocks...-funds-for-2021
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 11:42 AM


Group: Member
Posts: 7,899

CSL Limited (ASX:CSL)
Nominated by Gemma Dale, nabtrade
QUOTE
Despite being Australia’s largest company and having delivered exceptional outperformance relative to the ASX200 over the last two decades, CSL is not very widely held among retail investors on nabtrade. Just 5.5% of investors hold the stock directly. Those who do hold CSL, however, own over $100,000 on average, over 4x the average stock holding, so it is a very high conviction investment.

The lack of allocation to CSL is usually a result of concerns about its relatively small dividend yield (1%), or valuation (CSL is currently trading on a forward PE of about 42x). The attraction for those who hold it is the extraordinary growth of earnings relative to other large companies.

For those who have ever considered buying CSL, now doesn’t appear to be a bad time. Having taken a hit on the back of the cessation of its UQ-led Covid19 vaccination trial, at $290 at the time of writing, CSL is up just 18% from its lows in March. This is well below the market’s return of nearly 50% from its lows. CSL remains well off its highs of $342 and management maintains that Covid trial was not material to its current valuation, meaning the recent pull back could be a happy buying opportunity.

Nabtrade investors seem to think so. ... it has topped the trading with a 90% buy over three days since the trial was cancelled.
  Forum: By Share Code

nipper
Posted on: Jan 7 2021, 10:33 AM


Group: Member
Posts: 7,899

it is a tricky one. I am not anti (this) vaccination but understand the factors at play. My partner, a RN, is in the caution camp, and in no hurry.
And of course the great irony in that C19 seems to have the greatest impact on the elderly and comorbid, who are the ones who could benefit from early / any vaccination. 2020 was a pickle, and I really do not see 2021 being much better.
  Forum: Off Topic Chat

nipper
Posted on: Jan 6 2021, 07:05 PM


Group: Member
Posts: 7,899

QUOTE
Funeral homes and cemeteries operator InvoCare Limited (ASX: IVC) had a rollercoaster year in 2020. The InvoCare share price fell as low as $9.07 in March 2020, after climbing to its 52-week high of $15.79 only a month earlier.

The share price is currently trading at $11.44 ... which is still almost 30% off its highs of last year.

How did InvoCare do in 2020?
For its half year ending 30 June 2020, InvoCare produced revenue of $226 million which represented a 6.2% decline over the prior corresponding period. That resulted in a bottom line net loss of $18 million, compared to a $41 million profit in the same FY19 period.

The key driver in declining revenue was primarily COVID19 restrictions on the number of attendees at funerals.

The company also said that, ironically, social distancing and increased focus on hygiene in the wake of the pandemic led to a virtually non-existent flu season and significantly lower mortality rates in calendar 2020. This further drove down company revenue.

To keep the business steady in the first half of 2020, InvoCare completed a $274 million equity raising to reduce net debt and increase its liquidity.

Things were starting to look up in the second half however, with the company announcing the acquisition of two pet cremation and after life care businesses worth around $50 million.

Tailwinds for the InvoCare share price in 2021
Death is one of the few certainties in life, and InvoCare dominates the Australian funeral and death care industry.

As the largest provider of funeral, cemetery, and crematorium services, the company has taken a revenue market share of around 36% in Australia and 18% in New Zealand.

While death rates fluctuate from year to year, they tend to converge to a stable average over the long run. This is because mortality rates are a simple function of the population size, average age, and life expectancy of a country.

Given Australia’s ageing population, it is expected that the mortality rate in Australia will be around 2% per year over the next decade. This is expected to accelerate beyond 2030, providing InvoCare with a steady stream of future revenue.

InvoCare believes that conditions in 2020 represent a blip, and that death rates and revenues will return to normal over the near term.

Also underpinning InvoCare’s prospects is the belief that its customers, typically the family of the deceased, are relatively price insensitive given the highly emotional context surrounding the death of a loved one. This means people are less likely to shop around and compare prices for funeral services than they would be for other services.

...the Mottled Ones
  Forum: By Share Code

nipper
Posted on: Jan 6 2021, 06:29 PM


Group: Member
Posts: 7,899

This ASX code now is for VUL, Vulcan Energy Resources Ltd
Vulcan Energy Resources (ASX:VUL), also listed on Frankfurt exchange, is seeking to supply zero carbon lithium hydroxide to Europe's booming battery and electric vehicle market, while generating net zero carbon emissions in the process. The company holds Europe's largest lithium resource and the fastest growing lithium project in the world at its Zero Carbon LithiumTM Project, yet it is valued by the market at a fraction of that of other projects.
Furthermore, the company is pioneering the first and only "Zero-Carbon LithiumTM" process in the world, the extraction and precipitation of battery quality lithium hydroxide from deep, hot brines via its production wells that will cogenerate renewable, baseload geothermal energy. Vulcan recently signed an agreement to access a lithium rich, producing geothermal brine operation at Insheim with a major German utility, Pfalzwerke, in the Upper Rhine Valley. At the operational geothermal plant and wells, hot, lithium rich brine is already pumped to the surface and renewable electricity produced.
Vulcan [recently] announced a Maiden Indicated Resource at Insheim, meaning that the largest lithium resource in Europe just got bigger. Fast track development of the project is underway. The larger Resource will be incorporated into a Scoping Study that is due in 2020 and upgrade the confidence categories, while first production of lithium hydroxide is targeted by 2023.


........... gone from 50c to $3.35 in the last 5 months.


cut and paste from somewhere


QUOTE
Vulcan's point of difference is that it's going for a much greener approach to getting lithium out of the ground, combining the processes of generating thermal energy and extracting lithium. It hopes this zero-carbon twist will chime with European governments and corporate customers and give it an extra leg-up.

At its site in Germany's Upper Rhine Valley, Vulcan will use a geothermal plant to extract hot, lithium rich brine from 2000 metres underground. The heat is extracted for turbine-generated electricity, and the lithium is extracted for processing. The refining into lithium hydroxide is powered by the plant's own geothermal supply, and surplus electricity will be sold into the German grid as an additional income stream. The expended brine is returned to the underground reservoir, rather than accumulating in evaporation ponds like the brine projects of Latin America.

This is why Germany's Alster Research put a buy recommendation on Vulcan in late September, with a $2.55 price target (the stock is one of many ASX companies that can be traded on the Frankfurt Exchange). It said the potential resource of 15.37 million tonnes of lithium carbonate equivalent was "an outstanding magnitude, which is likely to attract increasing attention among investors". Alster sees more promise in Vulcan's resource and its tech than at Standard Lithium, a comparable US brine operator fancied by investors, and reckons the zero-carbon element could mean Vulcan can sell its product at a premium.

But wait. Vulcan hasn't yet released its prefeasibility study, the essential first step to even demonstrate the concept is viable.

Beyond that, there's another longish stretch of road to the definitive feasibility study next year, and only then does the company get to the fundraising and the planning approvals.

European blue sky

While investors seem confident Vulcan can clear all these hurdles, some industry observers ask whether it will be completely straightforward. German planning law is tough, they say, even for a site that is at least initially a brownfields venture (bolting a lithium extraction process onto an existing geothermal plant).

Vulcan responds that its process is minimally environmentally intrusive, so it shouldn't raise community hackles; and chief executive Francis Wedin points to the experienced German players on the team, who have a track record at navigating these approval processes.
Then there is the question of whether the German car makers would rather sign offtake agreements (commitments to buy the product) with a company that is almost good to go, like some of Vulcan's rivals, over something a little less tangible.
  Forum: By Share Code

nipper
Posted on: Jan 6 2021, 11:47 AM


Group: Member
Posts: 7,899

Is it work experience guy, or a New Zealander, doing this story?
QUOTE
"There's some trees right at the top edge of the landslip that will need to be filled, there's also a significant tree halfway down that's fallen and is laying horizontal against another tree and both of those will need to be taken out and then we need to work out how to remove the rubble."

Mr Milburn said the rubble itself will require significant risk assessments before it us moved.
filled! felled?
before it us moved! before it is moved?
https://www.abc.net.au/news/2021-01-06/heav...-coast/13035462
  Forum: Off Topic Chat

nipper
Posted on: Jan 6 2021, 10:16 AM


Group: Member
Posts: 7,899

Supercapacitors Challenge Batteries: Powerful Graphene Hybrid Material for Highly Efficient Energy Storage

https://scitechdaily.com/supercapacitors-ch...energy-storage/
QUOTE
The team ... has now developed a novel, powerful as well as sustainable graphene hybrid material for supercapacitors. It serves as the positive electrode in the energy storage device. The researchers are combining it with a proven negative electrode based on titan[ium] and carbon.
....
QUOTE
The stable connection between the nano-structured components has huge advantages in terms of long term stability: The more stable the bonds, the more charging and discharging cycles are possible without significant performance impairment.

For comparison: A classic lithium accumulator has a useful life of around 5,000 cycles. The new cell developed by the TUM researchers retains close to 90 percent capacity even after 10,000 cycles.
  Forum: By Share Code

nipper
Posted on: Jan 5 2021, 04:23 PM


Group: Member
Posts: 7,899

Rowan Atkinson has condemned online cancel culture and censorship, describing social media as a place where medieval mobs roam “the streets looking for someone to burn”.

In an extended interview with the UK’s Radio Times, the celebrated British actor and comic criticised social media’s tendency to divide and silence public debate, saying: “It becomes a case of either you’re with us or against us. And if you’re against us, you deserve to be cancelled.”...

“The problem we have online is that an algorithm decides what we want to see, which ends up creating a simplistic, binary view of society,” Atkinson said. “It’s important that we’re exposed to a wide spectrum of opinion.”
  Forum: Off Topic Chat

nipper
Posted on: Jan 5 2021, 02:41 PM


Group: Member
Posts: 7,899

Stockhead on Cyber and AI (the hot sector for 2021 ?)

https://stockhead.com.au/tech/


Code Company ............Price© .. %Yr .. MktCap
TNT ... Tesserent Limited 33.5 .. 628 $324.2M
WHK .. Whitehawk Limited 30 .. 249 $63.4M
FZO .... Family Zone Cyber 43 .. 161 $169.6M
FFT ... Future First Tech 4.2 .. 148 $23.2M
AR9 .. Archtis Limited 31 .. 138 $62.7M
5GN .. 5G Networks Limited 131.5 .. 85 $150.2M
PRO .. Prophecy Internation 67 34 $43.5M
ELS .. Elsight Ltd 41 .. 10 ....$57.3M
VOR .. Vortiv Ltd 17 ... 6 ...... $23.9M
HWH .. Houston We Have Ltd 4.4 .. 5 $11.5M
SOV .. Sovereign Cloud Hldg 97 .. 0 $51.4M
PSC .. Prospect Res Ltd 13 ... -10 $43.2M
SEN .. Senetas Corporation 6 .... -12 $67.1M
CPT .. Cipherpoint Limited 4.6 .... -28 $7.3M
SPA .. Spacetalk Ltd 10.5 .... -64 $18.1M
  Forum: Investment Discussion

nipper
Posted on: Jan 5 2021, 11:00 AM


Group: Member
Posts: 7,899

Lepidico is on the rise .... from $0.009 to $0.017 in the last 2 days
There was an Announcement yesterday, not flagged as Sensitive,
QUOTE
LPD is in confidential discussions with up to 6 lithium hydroxide consumers and 3 caesium/rubidium consumers.

Lepidico has been advised by one prospective customer that its analysis of a lithium hydroxide monohydrate sample provided in 2020 should be completed in early 2021, allowing offtake discussions to advance. It is understood that the analysis process has been disrupted by the ongoing pandemic. Further lithium hydroxide samples are being prepared for dispatch over the coming weeks from the Company's existing inventory in Perth for analysis by other consumers.

Lepidico continues to closely monitor the caesium and rubidium markets globally, with significant supply constraints envisaged to occur in 2021, as pollucite stockpiles sourced from now depleted mines are consumed. Lithium mica ores now represent the only material near term source of the strategic metals caesium and rubidium, both of which are designated as Critical Minerals by the U.S. State Department and for which the United States is entirely reliant of imports.
  Forum: By Share Code

nipper
Posted on: Jan 5 2021, 10:50 AM


Group: Member
Posts: 7,899

there is also an ASX listed company Nanollose Limited (NC6) involved in the research and development, and promotion of their microbial cellulose technology. (equals fabric, and specifically clothing)

Activities are towards developing a commercial supply chain of microbial cellulose from a variety of waste streams. The primary focus has been directed towards the development of the Company's Plant Free viscose rayon fibre (Nullarbor®).

Big issue seems to be quality control. It is gunk from factories (streams from various large scale industries like food and beverages) !!
  Forum: Investment Discussion

nipper
Posted on: Jan 5 2021, 10:22 AM


Group: Member
Posts: 7,899

England has gone back to heightened lockdown ... possibly for 7 weeks = March 2021?

and this was always on the cards;
EU share trading flees London on first day after full Brexit
QUOTE
Trading in equities such as Santander, Deutsche Bank and Total moved to EU marketplaces or back to primary exchanges such as the Madrid, Frankfurt and Paris bourses, according to data from Refinitiv.


the City was always one of the prime Remoaners
  Forum: Investment Discussion

nipper
Posted on: Jan 4 2021, 05:51 PM


Group: Member
Posts: 7,899

.....
QUOTE
....In order for the company to succeed, they will need to build up more and more evidence to prove that their innovation is sufficiently better than the alternatives that hospitals (and therefore patients) should pay to use it.

The process of convincing the medical establishment to use new technology is not easy, because clinicians typically want to be sure, and need to be convinced that the new technology brings real benefits. This process usually takes longer than impatient investors are willing to wait, and ultimately relies on convincing diverse parties that this technology can improve outcomes and reduce the cost of total care......

...
QUOTE
... [CEO Andreas] Fouras can explain why his technology is better in a single sentence. He says: By imaging the breathing lungs, it is possible to see what is really important, which is how they work, not what they look like. This is important, because they are not just trying to replicate human diagnostic abilities with machines (which is a typical faux "innovation" that rarely succeeds) but actually to improve diagnostic ability. And I think that is what this company is trying to do. Only if you give better results to patients and payers alike will you stand a chance of changing behaviour quickly. 4DX seems to understand this, and argues that they can offer competitive pricing below incumbent technologies....


https://arichlife.com.au/why-i-bought-some-...ve-stock-i-own/
  Forum: By Share Code

nipper
Posted on: Jan 4 2021, 10:19 AM


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QUOTE
ASX futures down 80 points or 1.2%

Huh?

The S&P/ASX200 has taken a lead from the Wall Street year end rally to climb 0.6 per cent higher in morning trade, with every sector except energy in the black.

The biggest contributors to the market by index weighting were Commonwealth Bank, Wesfarmers, and Fortescue Metals leading the 50 point rally. Tech giants Xero and Afterpay also opened higher, with Woolworths also enjoying a good day in anticipation of renewed lockdowns in Australia.

On the other side of the ledger, travel stocks Flight Centre, Webjet, and Corporate Travel were among the biggest losers, as the COVID19 spread grows globally. Financial administrator Link Holdings is down 10 per cent on news PEXA has pulled a $3 billion takeover offer for one of its operating units.
  Forum: Macro Factors

nipper
Posted on: Jan 4 2021, 08:23 AM


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had a lift in mid 2019 when TFL made the Betta Milk Acquisition

QUOTE
On 13 May 2019, TasFoods entered into an agreement to purchase the milk processing assets and brands of the Betta Milk CoOperative Society Limited for $11.5 million in cash, funded in part through an $8 million non renounceable rights issue fully underwritten at $0.12 per share.

Betta Milk, established in 1956, has market shares of 17% of Tasmanian fresh milk sales and 37% of branded milk sales and in FY18 had net revenue of $16.42 million. The acquisition includes Betta Milk's export-accredited processing facility in Burnie, and distribution centres in Launceston and Hobart.


.... but it did not last. ( Revenue continued to grow but so did costs). From 16c, dropped to around 8c during Covid and now bouncing a bit to 12c.
  Forum: By Share Code

nipper
Posted on: Jan 4 2021, 08:01 AM


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Self fulfilling Ponzi scheme

Crisis leaves unis facing global crash: Craven
QUOTE
Outgoing Australian Catholic University chief Greg Craven warns weaning univerisities off the Chinese student market will be like dealing with a "drug addiction" and elite sandstones are likely to swoop in on mid tier insitution students to fill the gap. After 13 years leading ACU, Professor Craven says he is happy not to face the major challenges facing the higher education sector. Top of that list is international students. ""The old system of relying international students is over, it's finished," he told The Australian.

Australia’s unis will drop out of the world’s top 100 and face a diminished future without foreign students, the vice chancellor warns.....



....or, maybe, the Emperor has no clothes
  Forum: Off Topic Chat

nipper
Posted on: Jan 3 2021, 04:23 PM


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I see SPA being squeezed. It is a niche market, getting concerned parents willing to buy reduced functionality (GPS tracking and a call function to trusted parties, no social media features) in the hope it will be 'useful' and provide peace of mind.

Moving to the other end of our lifecycle, for the elderly, again it seems to be a specific sub market. Any crossover to mass market personal monitoring tech runs up against big players, like Apple, Fitbit and Garmin . It would be easy to add a function to their products. The recently released ScanWatch, from Withings, monitors heart rate around the clock, along with irregular low and high heart rates over time, even claiming to detect atrial fibrillation. It has a blood oxygen (SpO2) monitor that detects breathing irregulariries and sleep apnea, and monitors sleep.

Of course, how many bells and whistles do we need; though it would be fair to say what once needed a complex take home pack now seems to be miniaturised, though accreditation is still needed from TGA for such added functionality. What we will see are more and more devices that can interpret data and upload user status to health professionals. Will SPA be marginalised, as any development and functionality upgrades will need R&D?

And it appears that as adults not only are we 'between nappies' but also 'between devices'.
  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:28 PM


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making it to Tim Boreham's 2021 tips : Criterion's list of stocks to watch in 2021

Spacetalk (ASX: SPA) :: $20 million


QUOTE
Formerly known as MWR Communications, Spacetalk last month changed its moniker to reflect its lead wearable devices that keep primary school kids safe through GPS tracking and a call function to trusted parties only.

Think of the watches as a ‘gateway device’ to the real thing when they hit their teens.

Spacetalk is now targeting the over 65s audience with a more expensive variant to allow monitoring of vulnerable relatives.

Spacetalk’s stagnant share price over the last year does not reflect its stellar progress.


  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:26 PM


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now listed as Beam Communications, BCC features in Tim Boreham's 2021 tips:: Criterion's list of stocks to watch in 2021


Beam Communications (ASX: BCC) : : $24 million


QUOTE
The only ASX listed developer of mobile satellite equipment, Beam sells its off the grid communications devices through retailers such as Kogan, Catch and Anaconda and also owns the SatPhone shops chain.

Despite the pandemic, the company posted a $3 million of underlying earnings in the 2019 / 20 year, up 43 per cent.

In October, Beam raised $5 million in an oversubscribed placement.

Beam looks a likely winner of the post lockdown era as adventurers avail of their newly-restored freedom to roam.


  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:23 PM


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(not much interest since 2014 !!)

Dart made it to Tim Boreham's 20121 tips :: Criterion's list of stocks to watch in 2021


Dart Mining (ASX: DTM) ::: $17 million


QUOTE
This one is an early stage entry into the go go Victorian gold sector, without the (arguably) frothy valuations of the later stage plays.

After a recent $5 million fund raising, Dart is drilling across several tenements. Its main focus to date, Buckland is suspected to be the source of alluvial gold taken from Buckland and Ovens rivers.

Further north east, Dart is probing the idea that gold extends undercover on the extension of the Lachlan Fold, which hosts the Newcrest Mining’s Cadia gold-copper mine near Orange.


  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:21 PM


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AZY made Tim Boreham's 20212 list Criterion's list of stocks to watch in 2021


Antipa Minerals (ASX: AZY) ... $110 million


QUOTE
For fans of 'nearology', explorer Antipa has been focused on WA's remote Paterson gold and copper province, which has become a hotspot thanks to Rio Tinto's Winu discovery and the Havieron find by the Newcrest/Greatland joint venture.

Antipa's first mover advantage meant it secured highly prospective ground before anyone else.

Antipa has farmin agreements with Rio, Newcrest and IGO Limited, who have agreed to spend $20 million over the next two years.

The farm in conditions mean Antipa's exposure reduces the more money the joint partners spend. But there is nothing wrong with a junior owning 30 per cent of the next big discovery.
  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:19 PM


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NMT made Tim Borehams list for 2021: Criterion's list of stocks to watch in 2021


Neometals (ASX: NMT) .. $125 million
QUOTE
While lithium ion batteries are at the forefront of the EV push, eventually they expire and need to be disposed of. And despite the green-friendly reputation of renewable, these batteries contain hazardous materials.

The lithium hard rock miner divined the winds of changed and turned to both energy storage and eco friendly materials recovery.

Neometals proposed European plants will recover graphite lithium, cobalt and nickel from recycling batteries, as well as vanadium from slag stockpiled at steel mills in Sweden and Finland.

What distinguished Neometals from so many other tech hopefuls is its robust cash balance of $77 million.
  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:17 PM


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REE made Tim Boreham list for 2021 : https://stockhead.com.au/experts/tim-boreha...in-2021-part-i/


RareX (ASX: REE) – market cap $47 million


QUOTE
Elon Musk’s electric vehicle (EV) maker Tesla is now worth more than $US600 billion ($810bn), prompting renewed buying support for the battery materials stocks.

The argument goes that if Tesla is worth that much, the EV and energy storage revolution must be real – and hence a voracious need for lithium and graphite despite price weakness across these commodities.

Rare earths are also required in not just EV motors, but wind turbines. That’s why leading rare earths stock Lynas Corp has performed strongly.

For those who prefer getting on at the basement, junior RareX has a known resource in the Kimberley region of WA and is doing something that hasn’t been done for years – exploring for new deposits.

Trade fears around the China supply chain have emerged in recent times, adding a strategic leg to the rare earths demand story.


  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 06:15 PM


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JAY made Criterion's list of stocks to watch in 2021.

Jayride (ASX: JAY) – $12 million
QUOTE
As a facilitator of transport to and from airports, Jayride was in the eye of the virus storm and its share price suffered accordingly (down 70 per cent for the year).

But revenue improved in October , up 27 per cent, and the company has replenished its coffers with a $2.5 million capital raising.

The Jayride platform allows users to compare 3700 services to 1600 airports in 110 countries. Jayride, naturally, clips the ticket on each ride
.
  Forum: By Share Code

nipper
Posted on: Jan 2 2021, 12:33 PM


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Temple & Webster is an eCommerce business that sells homewares and furniture online. Products are directly sent to customers by suppliers which assists with fast delivery and reduces inventory requirements.

In FY20 it grew full year revenue by 74% to $176.3 million and EBITDA went up by 483% to $8.5 million, with the adjusted EBITDA margin rising from 2.5% to 5.3%.

In the period between 1 July 2020 to 19 October 2020, the ASX share’s revenue rose by 138%. Temple & Webster generated $8.6 million of EBITDA in the first quarter, more than the entire amount made in FY20.

Temple & Webster’s CEO Mark Coulter has explained the benefits of gaining market share during the most affected COVID19 months:
QUOTE
The NAB online sales index suggests our category grew around 57% during the months of April to July, while we grew around 150% for the same period. We believe this is due to the increasing benefits of scale as we get larger. We are forging closer relationships with our suppliers as we become a more significant part of their business which allows us to obtain stock security, better terms and exclusive product ranges. We are also making larger investments in areas such as technology and data, brand awareness and our private label products; and we can produce more content by having more creative resources. In effect, the bigger we get, the better and strong our customer proposition becomes, which is a virtuous cycle.
  Forum: By Share Code

nipper
Posted on: Jan 1 2021, 02:37 PM


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reminds me of the old Three Ronnies joke (and I am paraphrasing) (better heard than read)

Ronnie Barker : "...and of course, my three children; George, Bernard and Shaw."
John Cleese : : " Shaw?"Ronnie Barker : (emphatically) "Positive!"

  Forum: Off Topic Chat

nipper
Posted on: Jan 1 2021, 02:12 PM


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https://www.mining.com/web/miners-praise-us...nds-rare-earth/


Trump signs RE bill. ...
  Forum: Investment Discussion

nipper
Posted on: Jan 1 2021, 11:43 AM


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So, 2020 won?

https://youtu.be/PLxqH6Rq0Lw
  Forum: Off Topic Chat

nipper
Posted on: Jan 1 2021, 08:25 AM


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Cofense founder and chief executive Rohyt Belani told The Australian that spear phishing, using business email compromise (BEC), had cost business more than $US26bn ($34bn) over the past four years, with attacks showing no signs of abating.

Mr Belani said while most companies were running phishing simulation software to train their employees in preventing attacks, a more proactive approach was needed.

“You can reduce susceptibility. But we weren’t quite happy with saying ‘great you brought susceptibility rates down from 45-50 per cent to 5 per cent’ because there is still residual risk and what do you do about the 5 per cent?” Mr Belani said.

Part of the solution was installing a button in Outlook and other email platforms for people to report suspicious emails to aid early detection by cyber security experts. That button now has more than 29 million unique deployments globally, Mr Belani said, and is growing by about 100,000 per week.

“What we found was it is a tremendous source of crowdsourced data on suspicious emails. The challenge is how do you find the needle in the haystack.

“There are lot of suspicious emails being reported — some benign, some are spam, some are legitimate emails, and then there are the few that are malicious in nature.

“We created a suite of software to help members of security operations teams take this barrage of reports from an organisation and separate the signal from the noise.”

But Mr Belani said even some of the biggest corporations were facing talent constraints in securing cyber security experts, making it difficult to act on the deluge of suspicious email reports — even when they were sorted.

And this is when Cofense went from software developer to a managed service offering.

“It allowed organisations to outsource the problem of detecting phishing attacks that have bypassed their perimeter controls, their gateways … and essentially remove the threat from their environment.

“We’ve done this for about three years in other parts of the world. We started in the US and now have phishing defence centres in the UK, Ireland and India as well. It’s just been a natural progression.”
  Forum: Investment Discussion

nipper
Posted on: Dec 31 2020, 07:23 PM


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Yeah, eb , actually 2020 was a good year for me. Up some 25% for total asset base. .... including cash and bonds . Had five stocks that doubled, two up 200% and one AR9 was a blinder.

Probably the most trading I have done for quite a while; I guess Covid and being at home forced this on me. And a volatile market with cash ready to deploy helped.

Hope 2021 is good for everyone. Take care, stay safe.
  Forum: Macro Factors

nipper
Posted on: Dec 31 2020, 07:23 PM


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0
  Forum: Macro Factors

nipper
Posted on: Dec 31 2020, 02:51 PM


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Now that ETFs have been around for 30 years, and constitute a significant part of market participation, in terms of trading and assets held, there is some revision being touted that the instruments many not be as dumb as they are implied to be.
This article in the Financial Times, via the AFR https://www.afr.com/wealth/investing/a-theo...20201230-p56qw1

QUOTE
.... indices that passive funds track have over time morphed from being supposedly neutral snapshots of markets into something that actually exerts power over them, thanks to the growth of passive investing....
... The more money index funds garner, the better their holdings do in exact proportion to their weighting, and the harder it is for traditional discretionary investors to keep up.

The broader growth trend also partly underpins rising valuations. The average fund manager typically holds about 4 to 5 per cent of assets in cash, as a buffer against investor outflows or to take advantage of opportunities that may arise. But index funds are fully invested.

In other words, three decades ago every $1 that went into equity funds meant 95 cents would actually go into stocks. Today it is closer to the full buck. Given the trillions of dollars that have gushed into cash lean index funds, it leads to a secular increase in valuations....
  Forum: Investment Discussion

nipper
Posted on: Dec 31 2020, 02:45 PM


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QUOTE
The Australian sharemarket closed the year 1.4 per cent shy of where it started, with equities sliding heavily on Thursday as the number of local COVID19 cases rose ahead of a three day weekend.

The S&P/ASX 200 Index fell 95.3 points, or 1.4 per cent, to 6587.1 in its final session of the year, sealed by a heavy loss at the close. Prior to Thursday's shortened session, the market had been sitting just 2 points shy of a flat annual return.

The Australian dollar rose 9.7 per cent in 2020 against the greenback, and trading at US76.94¢ on Thursday after tumbling as low as US55.11¢ earlier in the year.

Numbers wer being massaged (downwards) at close..... was more than a 30 point drop after normal trading.
I was reading somewhere, and will try to find the source, that there is more volume traded when the markets are closed (that is, at the 4:10pm settlement) then in the full 6 hours when open. Something to do with passive investors, or the ETF crowd, doing their rebalance then, for the day. That way they can 'control' the numbers.

there it is, buried in a Financial Times article, via the AFR: https://www.afr.com/wealth/investing/a-theo...20201230-p56qw1


  Forum: Macro Factors

nipper
Posted on: Dec 31 2020, 11:18 AM


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QUOTE
... low interest rates provide more leeway for banks to resolve problem loans. Commonwealth Bank CEO Matt Comyn noted at the bank’s August earnings call that a home borrower who moved to an interest-only loan (on a typical $350,000 loan) would repay about $200 a week .... less than most rents.
That comment helps explain why banks will not face anywhere near as many impaired loans as first thought or see loan losses of the magnitude experienced in 1991 and 2008 to 2009.
Hugh Dive, Atlas Funds
  Forum: By Share Code

nipper
Posted on: Dec 29 2020, 05:17 PM


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all the while, others are playing their games:

QUOTE
The EU and China are close to reaching a long-awaited business investment deal, according to media reports.

The pact, expected to be finalised this week, will give EU firms better access to the Chinese market and improve competition conditions.

Talks on the investment deal began in 2014 but have been stuck for years over a number of issues.
https://www.bbc.com/news/business-55464564


with Brexit a done deal, maybe the anglosphere will reconvene?
(Germany is the biggest trader of finished goods, mainly machinery, to the Chinese.... good luck for continuous growth)
  Forum: Investment Discussion

nipper
Posted on: Dec 29 2020, 09:12 AM


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Vonex Limited (VN8) is a telecommunications service provider selling mobile, internet, traditional fixed lines, and hosted PBX and VoIP services predominately to the small to medium enterprise (SME) customer under the Vonex brand. The Company also provides wholesale customers, such as internet service providers, access to the core Vonex PBX and call termination services at wholesale rates via a white label model. VN8 consists of two divisions namely retail and wholesale.

QUOTE
Vonex has several platforms to help SMEs communicate with their customers and connect with the community.
  • ... ONdesk software, a cloud-based program for businesses to manage all their mobile and landline calls for game changing efficiencies, scalability and customer experiences, no matter how small or large their business is.
  • ... Reliable NBN and fibre packages.
  • ... Affordable mobile packages with data and reliability to keep you always on.
The 2020 acquisition strategy has delivered the 2SG Wholesale telecommunications and data wholesaling business, which supplies network and communications solutions to telco retailers across Australia.The 2SG acquisition has been paramount in Vonex's growth this year, bringing 150+ new wholesale customers, and has effectively changed its relationship with major suppliers.

Before the acquisition, third party wholesalers supplied either the NBN, Mobile or Landline services to Vonex; it is now able to purchase these services via 2SG. The advantages of this include:
... Improved purchasing power, which benefits both the Vonex end customer and Company profitability.
... Increase in visibility for network troubleshooting and customer support.
... Speed to market with new products and services has created a competitive advantage.

and, last week, announced its intention to acquire Nextel, which it said would add $1 million to its recurring revenue stream.


Vonex posted healthy results for the September quarter, adding $1.64 million in new retail and wholesale business, and recording a 25% quarter-on-quarter increase.

Shareprice is up more than 100% for the year.
  Forum: By Share Code

nipper
Posted on: Dec 28 2020, 08:35 PM


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there is always a contrarian view



QUOTE
Pending its inclusion in the S&P 500 index (which nearly doubled its already Brobdingnagian market cap), TSLA sold another $US5 billion of stock in December through at-the-market sales rather than via an underwriting, allowing it to put the Robinhood crowd out of its misery, Lewis wrote.

What is interesting about this, other than that it avoids SEC scrutiny of an offering document, is that the company could easily sell 10 times that much stock in this manner over the course of a month without significantly hurting its stock price in today's bubble environment.

And that is precisely what it should be doing. Whatever its market cap, TSLA will struggle to compete with the manufacturing and engineering capabilities of GM, Volkswagen, Volvo and other much larger automakers unless it adds significantly to its own manufacturing capacity over the next three to five years.

If it is not turning out at least 2 million vehicles annually by 2025 (still rendering it a relatively minor player globally), which is going to be a stretch with its current manufacturing facilities, it will risk being left in the dust by the rest of the industry.

There is a big difference between being a sharemarket darling and an effective competitor in the industry. A grossly inflated market cap supported by central banks and market structure rather than underlying profitability is not going to sustain the business over the long term.


Lewitt believes the US stock market is in a bubble and that there are forces at work which point to the need for investors to be cautious.

QUOTE
The foundations of our economy and markets grow increasingly fragile as policymakers treat the symptoms but not the underlying disease eating away at not just the American but the global economy.

The symptoms are low productivity, massive overcapacity, massive speculation, and widening wealth inequality, and the disease is runaway debt caused by misguided fiscal (including tax, especially tax) and monetary policies promulgated by intellectually and morally corrupt ruling classes.

Waiting for this regime to change is not a promising investment strategy, but riding it to the end is even more dangerous.

Investors need to avoid the most egregiously priced securities (which includes not only the nutty technology stocks but all fixed-income securities) and focus on capital preservation rather than chasing returns that are not generated by economic growth but instead by central bank money printing and momentum driven market structures.

And, as always, they need to own gold in order to save themselves .
... Michael E Lewitt, editor of the Credit Strategist:


AHEM (or Amen)
  Forum: Investment Discussion

nipper
Posted on: Dec 28 2020, 07:49 PM


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heard a good one today; if a prostitute is now called a sex worker, then a cricketer or footballer should be called a sports worker?
  Forum: Off Topic Chat

nipper
Posted on: Dec 28 2020, 04:58 PM


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yeah, that may be true, and I don't advocate investing with them, collectively or individually, but the reality is there is a ton of money sloshing around, and these outfits get the mandates to put other people's money to work. In super, in family trusts, for sovereign wealth funds, the whole gamut. And what they do with the $s is important as they are the market, or at least a significant element of it.


What I found interesting is there seems to be a consensus view, and to me that is dangerous. A crowded trade when they want to get out (even if they do not signal that, ahead of time)
  Forum: Investment Discussion

nipper
Posted on: Dec 28 2020, 12:29 PM


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it is that time, the end of the year. We have the pundits opining again; whether it is seen as shameless self promotion or a collective wisdom remains to be seen.

The Financial Times has drawn together a collection of some of the heavy hitters. There seems to be a consensus emerging; almost universally, fund managers believe the year will bring a rebound in economic activity, supporting assets that have already risen in value since the depths of the pandemic crisis in March, but also lifting sectors that had been left behind. Bond yields are expected to stay low, lending further support to stock valuations.

What could possibly go wrong?



Howard Marks, co-chairman, Oaktree Capital Management
Rising interest rates, unlikely as they are in the intermediate term, are the main threat. Today's high asset prices are highly dependent on low interest rates for their appropriateness. If rates were to rise, asset prices would probably fall.
However, there's little reason to believe rates will rise in the short run because there doesn't seem to be much inflation, and I believe the Federal Reserve isn't concerned about inflation.


Valentijn van Nieuwenhuijzen, CIO, NNIP
I don't think central banks will have to look through inflation, because I don't think there will be any. If I'm wrong and it does accelerate, that's a meaningful game-changer for markets.

It would mean that a lot of losers in markets that have been left behind could really catch up — think of banks and financials, but also the broader value factor that has suffered secular underperformance over the past decade.


Growth stocks would suffer from rising interest rates. They might still rise but less than value. And obviously government bonds would suffer.

Everybody has the same benign outlook. That's also a risk. We will be monitoring closely to see any concerning concentration in positions.


Sam Finkelstein, Co-CIO of global fixed income, Goldman Sachs Asset Management
Fixed income investors face two key risks entering 2021. First, the extraordinary COVID-19 policy response has extended the challenge of low yields. Second, central banks have limited policy ammunition in the event of a negative growth shock.

This backdrop sharpens our focus on constructing balanced portfolios that are resilient to bouts of market volatility.


Vincent Mortier, Deputy CIO, Amundi
The recent market rally is based on blind faith in the vaccine and on the brave assumption that very soon, everything will revert to as it was before, or even better.

This is a risk: producing and distributing these vaccines on such a large scale won't be a walk in the park.

Fiscal and monetary support are keeping economies afloat, but only just. These measures are getting harder to implement.

Expect more monetisation of debt and increased pressure on central banks — any withdrawal of measures is unthinkable right now, and the risk of a policy mistake is underestimated by the market.

The third risk is the consensus itself. The hunt for yield with skyrocketing negative-yielding debt will push the search for yield to the extreme: there is almost $US1.5 trillion of bonds outstanding in "zombie companies".

The temptation for investors to accept lower quality in their portfolios is high, as is the bet that interest rates will remain low forever. This is dangerous.

Andrew Law, Chief executive of hedge fund Caxton Associates
The stage may well be set for a great reflation.

Many of the expressions [of this reflation] have been out of favour for the best part of a decade. Most market participants, and consequently their portfolios, are heavily conditioned from decades of disinflation or low inflation.

The change in the inflation regime, and subsequently the investor mindset, will likely have profound implications for asset allocations.


Liz Ann Sonders, Chief Investment Strategist, Charles Schwab
What concerns me most is sentiment. The success of the market itself recently has bred what I think is its greatest risk, which is overly optimistic sentiment.

In and of itself, stretched sentiment doesn't portend an imminent correction, but it does mean the market is likely more vulnerable to the extent there is a negative catalyst, which could come in any number of forms.


Scott Minerd, Global chief investment officer, Guggenheim Partners
The pandemic has completely reworked our free-market economic system based on competition, risk management and fiscal prudence.

It has been replaced by cycles of increasingly radical monetary intervention, the socialisation of credit risk, and a national policy of moral hazard.

This is troubling, as beyond the eyewall lies a poor credit environment judging by credit defaults, rating migration, and corporate fundamentals.

In aggregate, the high-yield [debt] market has 4.5 times more debt than last 12 month earnings before taxes and other items, a ratio that already exceeds the 2008—2009 default cycle peak, and is likely to worsen from here.

Gregory Peters, Managing director and senior portfolio manager, PGIM Fixed Income
It's amazing to me that the market has moved past the "Blue Sweep" idea [of Democrats winning control of both houses of Congress and the White House] . . . I think we could see a "Blue Sneak", as Georgia's Senate races are still very much in play to go blue. That could open up the fiscal spigot even more.

I still believe this will be a golden era for credit, but I'm probably more worried about this thesis than I was back in April. Everything is happening at warp speed, so maybe dividends, buybacks and M&A come back quickly as well.

The biggest market risk continues to be inflation. I think it will only move temporarily higher next year due to base effects and then come back down. But the risk is that it continues to move higher, and that changes everything.

We're putting a lot of faith in the Fed to stand its ground and not respond to accelerating inflation. If the Fed loses its nerve, and gets worried about inflation sooner than what they've intimated, then that could be a problem for markets, causing a kind of "Taper Tantrum 2.0" scenario.

Danny Yong, Founder of hedge fund Dymon Asia
The US dollar has crept lower this year, but could at some point fall precipitously. If that happens, the Fed will lose the flexibility of negative [real] interest rates, and may even be forced to pause asset purchases. That's the tail risk scenario.

If there's no Blue Sweep [in January's Georgia Senate elections], then the Fed is the back-up. But if you lose the back-up, then the world could be in for a rude shock.

It's plausible, it's not that crazy a scenario. If the dollar goes significantly lower, then the Fed could run out of easing options, which would lead to an equity sell-off.


Paul McNamara, Emerging-markets debt portfolio manager, GAM
Financial markets have held together because of low policy rates and low bond yields, and lower discount rates have supported asset prices and suppressed government debt costs.


Although emerging-market debt burdens are (mostly much) lower than developed-market ones, yields are not, so debt servicing costs have not been suppressed to the same degree.

EM central banks have cut rates as aggressively as DM ones, but bond buyers have been more cautious. Unlike DM, EM central bankers have not had the benefit of the doubt. Turkey is especially instructive — a government refusal to recognise balance of payments constraints led to the need for a near-unique aggressive rate hike.

This is the example of what we see as a broader risk: if EM policymakers do not continue to recognise that they face much tighter constraints due to the balance of payments than their DM counterparts, they risk a debt spiral that seems a very remote possibility in DM.


Financial Times
  Forum: Investment Discussion

nipper
Posted on: Dec 28 2020, 08:58 AM


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So, 2020 is just a memory (or soon to be one). It seems a lot of people are drawing the line in the sand for the virus, but I wonder if there are a few more twists. The vaccines sound like they may work; will there be tales of woe to come, however, and will herd immunity release us from the cycle of outbreak?

Markets are markets, and economies are economies. Most of my family and friends have adapted to the social restrictions, some reluctantly and some with excess gravitas, and I think humans are flexible, to a large extent. Of course, this attitude is defined by largely being economically in a similar boat as before the start of the year. Portfolio has not blown up, jobs have been secure, needs have been met. I feel for those that have lost income sources and especially those who may not get back on their feet. There has been much disruption and, often, the ability to meet a life plan may be curtailed.

All in all, a very cruel virus descended on us all. All the best for 2021.
  Forum: Off Topic Chat

Poll: The Banks
nipper
Posted on: Dec 27 2020, 02:21 PM


Group: Member
Posts: 7,899

they all say this
QUOTE
Demographically, Australia is a relatively small market; but the combination of the new consumer data right (CDR) regime, which closely resembles Britain’s more longstanding open-banking framework, and a scene dominated by the relatively slow-moving big four banks has proved alluring.

The ACCC has only accredited six data recipients under the government’s consumer data right, a core policy to foster more competition in banking. Of the six accredited parties, the only bank is Regional Australia Bank (RAB).

The ACCC is assessing applications from 40 parties working through the accreditation process, while more than 100 others are engaged with the regulator about potential involvement.

  Forum: Investment Discussion

nipper
Posted on: Dec 24 2020, 08:42 AM


Group: Member
Posts: 7,899

Waitsia gas project has a Gas Processing Agreement at Woodside's Pluto Plant which will allow LNG processing of Waitsia gas. Ultimately another source of revenue for all involved.

Highlights
• The Waitsia Joint Venture has made a Final Investment Decision for the Waitsia Gas Project Stage 2 development, subject to certain regulatory approvals and commercial conditions.
• The WJV has finalised and signed key commercial agreements with the North West Shelf Project participants, the State of Western Australia and the Australian Gas Infrastructure Group.
• The WJV and Woodside Burrup Pty Ltd, with gas from the Pluto fields, become the inaugural third parties to sign binding commercial access agreements with the NWSPP.
• First equity Liquefied Natural Gas sales from Waitsia Stage 2 are expected to commence in H2 CY23.
• Total capital expenditure to first production of A$350 to 400 million net to Beach, fully funded from the Company’s existing cash flows and facilities.
• In alignment with the Government of Western Australia policy, approximately 60% of the project’s greenhouse gas emissions are planned to be reduced or offset during the project’s life.

  Forum: By Share Code

nipper
Posted on: Dec 24 2020, 08:26 AM


Group: Member
Posts: 7,899

Iron ore futures soared to all time highs this week in China, more than doubling from April levels, prompting the local exchange operator to warn of a speculative bubble as Beijing sent signals that could foreshadow government intervention....


Accordingly, producers and officials in Beijing closely follow the price of iron ore, and have pushed for China to play a larger global role in determining its price.

That price has soared in recent months, with the benchmark contract on the Dalian Commodity Exchange rising nearly 10 per cent on Monday alone to 1144.5 yuan ($231) a ton, a record since the contracts began trading in 2013.

.... if something like a basic commodity rises 10% in a day, then even I am going to label it a bubble

(( ....updating ....The spot price of iron ore slid for a second day, as a wave of profit taking took the wind out of Chinese futures amid new trading rules and amid concern about the emergence of a new coronavirus variant in the UK.
Fastmarkets MB said iron ore fell $US2.50 or 1.5 per cent to $US162.03 a tonne. The spot price has now tumbled more than 8 per cent from the record high of $US176.45 reached on Monday))
  Forum: Macro Factors

nipper
Posted on: Dec 23 2020, 12:23 PM


Group: Member
Posts: 7,899

still adding sites as the industry consolidates. I know Merry Beach well, very quiet and well away from the highway
QUOTE
Acquisition Highlights
• Acquisition of Merry Beach Caravan Park on NSW South Coast
• Expands holidays footprint on NSW South Coast, through acquisition of an established park in a premium beachfront location with identified upside
• Adds over 540 cabins, sites, permanents and annuals .... increases size of holidays business by over 10%

Trading update
Recent Government announcements enforcing travel restrictions and revising social distancing measures for NSW residents are being closely monitored by the Group. Operating protocols have been put in place within our Lifestyle and Gardens communities to ensure compliance with new requirements and to remind residents and their guests of changes as they arise.

While the holiday business has experienced limited cancellations to date, the Group is continuing to monitor the situation and to work with guests whose plans have been impacted by changing restrictions. The majority of guests to our holiday parks continue to be intrastate, rather than interstate, guests
  Forum: By Share Code

nipper
Posted on: Dec 22 2020, 07:49 PM


Group: Member
Posts: 7,899

Back on theme

QUOTE
Somewhat paradoxically, and perhaps optimistically, another winner in 2020 could well be democracy and the open, transparent and market-orientated business model it espouses to maximise prosperity and safeguard liberty.

Highly motivated private companies Moderna, Pfizer and AstraZeneca, working with researchers around the world, have delivered us three effective and safe vaccines in record time.

There has never been a more galvanising event that has brought more people together through the power of instant digital communications to cooperate without fetters to better understand and seek to defeat what has been (incorrectly) perceived as an existential threat to our species.

In this context, the greatest legacy of COVID19 may be an unexpected one. It has united a once conflicted and dispersed liberal democratic order in recognition that there is, in fact, a potential existential threat: namely, the underappreciated ascension of an autocratic superpower that appears to want to bend capitalism to its will through any means necessary, kinetic or otherwise.

It is committed to doing so with an ideological fervour because it regards democracy, and its companion capitalism, as threats to its own longevity. To this lens, all adversaries must be eliminated or subordinated if the autocracy is to survive.

After free riding on an unwitting liberal democratic world for decades, powering its own prosperity by the very vehicle it strives to overwhelm, COVID19 has inadvertently revealed the autocracy for what it is.

Counter measures by democratic actors are now forcing it down the road of autarky, which will seal its demise unless it error corrects into something resembling the Singaporean model.

Yet error correction is something autocracies find difficult because debate, dissent and the ensuing self learning are not tolerated. This is why they make ostensibly simple mistakes over and over again. And it is why they are doomed to fail or suffer irreversible decline....

Christopher Joye


... I hope so.
  Forum: Investment Discussion

nipper
Posted on: Dec 22 2020, 03:12 PM


Group: Member
Posts: 7,899

Speculators are playing with Fire. Investors, do not get burnt

https://www.livewiremarkets.com/wires/specu...don-t-get-burnt


I will put this informative article here, as WB gets a big mention.
  Forum: Investment Discussion

nipper
Posted on: Dec 22 2020, 01:23 PM


Group: Member
Posts: 7,899

Yeah, Mick. I think I got it wrong; there were 70,000 documents generated by the bureaucracy that the enquiry had access to. It points to a floundering bunch of headless chooks, with Rooster Dan strutting around in denial at the top.

QUOTE
Former judge Jennifer Coate has raised further serious questions about public health resourcing amid a sea of contradictory evidence that came from DHHS, an entity where some of its people struggled with the notion of accountability, misunderstood basic directives and ignored the spaghetti charts that defined their responsibilities.

Those in hotel quarantine were effectively home alone as confusion smothered DHHS.

This level of confusion and disagreement inside the DHHS chain of command invariably contributed to the ultimate position that no division inside DHHS saw itself as having the power or authority or ability to be responsible for the operation of the hotel quarantine program,” Coate found.
  Forum: Investment Discussion

nipper
Posted on: Dec 22 2020, 10:54 AM


Group: Member
Posts: 7,899

you guys are always banging on about politicians.
the appalling number relating to Covid in Victoria (ignoring the 800+ deaths) is that the hotel enquiry generated 70,000 documents. How can a bureaucracy function when it ties itself in knots.
  Forum: Investment Discussion

nipper
Posted on: Dec 22 2020, 10:26 AM


Group: Member
Posts: 7,899

Perth based Sundance Resources is seeking a multibillion dollar payout from the Republic of Congo after being stripped of its iron ore mining licence in the central African nation where China is casting a big shadow.

Two other Australian-based companies have also had iron ore mining and exploration rights stripped by the RoC, which then awarded them to a mystery company with no history in the region. The mystery company has been handed rights to about a billion tonnes of high grade iron ore by the RoC.


Sundance said on Monday that the RoC had issued decrees purporting to strip its subsidiary Congo Iron of the mining permit for the Nabeba iron ore project and re-issued the permit to Sangha Mining Development Sasu.

Sangha Mining has also been awarded permits and licences for iron ore projects that were stripped from ASX-listed Equatorial Resources and privately-owned Core Mining Congo.

Equatorial Resources said it considered the sudden awarding of the Badondo (Equatorial), Nabeba (Sundance) and Avima (Core) permits to Sangha Mining a "flagrant breach of the RoC (Congo) government's obligations under the mining code, the relevant mining conventions which exist between the permit holders and the RoC government, and international law".

Both Sundance and Equatorial said they had no knowledge of Sangha Mining and were not aware of any previous mining activity by the group in RoC.

Sundance said it would conduct a full investigation into the actions of the Congo and into Sangha Mining before an arbitration process Sundance has kicked off by issuing a notice of dispute and notice of expropriation to the Congo.
  Forum: By Share Code

nipper
Posted on: Dec 22 2020, 10:19 AM


Group: Member
Posts: 7,899

Belt and Road.
  Forum: By Share Code

nipper
Posted on: Dec 21 2020, 02:18 PM


Group: Member
Posts: 7,899

Orchardist John Reynolds, from Orange, turned to school leavers to help him this year to pick cherries.

Without wishing to be rude, he said the pickers this year were generally not as speedy. Before the pandemic shut Australia off to international backpackers, Mr Reynolds said growers had a workforce that was usually highly motivated to earn as much as possible as quickly as possible to fund more adventures.

Mr Reynolds said the going rate for pickers in the region this year was $1.20 per kilogram, though he paid $1.80kg to make it more attractive.

“Even then, I did have an 18-year-old tell me I needed to pay him more,” Mr Reynolds said. “He had been there for three hours and he had only earned $36.”
  Forum: Off Topic Chat

nipper
Posted on: Dec 21 2020, 11:08 AM


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not sure Santa is coming this year
  Forum: Macro Factors

nipper
Posted on: Dec 18 2020, 02:37 PM


Group: Member
Posts: 7,899

ha ha
QUOTE
Went down to check the mail, I get back and its all over.
you live in the country, right.
  Forum: Off Topic Chat

nipper
Posted on: Dec 18 2020, 11:29 AM


Group: Member
Posts: 7,899

There is a headline I never thought I would see
QUOTE
QBE sinks after loss warning.


serial offenders!
  Forum: By Share Code

nipper
Posted on: Dec 18 2020, 11:16 AM


Group: Member
Posts: 7,899

why Switzerland?. Totally surrounded by Euro countries, with most major population centres less than an hour's drive, to Germany, France and Italy. So much business leaks over the border all ready, and the Swiss would hollow out their economy if there was a rampant currency. It has always been expensive
  Forum: Macro Factors

nipper
Posted on: Dec 17 2020, 08:22 PM


Group: Member
Posts: 7,899

Throughout H1 FY2021, retail trading conditions have continued to be supportive of sales for Beacon Lighting stores. The trading conditions have been reflected in improved store, online and trade traffic which has resulted in a strong sales performance year to date. Beacon International sales also continue to be exciting for the Beacon Lighting Group.

Despite potential uncertainty ahead in consumer spending, the Beacon Lighting Group has now provided the following guidance for the 26 weeks ending 27 December 2020.


Group Sales
H1 FY2021 Guidance ... $147.0m to $152.0m
H1 FY2020 Actual ........ $122.5m

Net Profit After Tax
H1 FY2021 Guidance ... $19.5m to $21.5m
H1 FY2020 Actual ......... $9.5m
  Forum: By Share Code

nipper
Posted on: Dec 16 2020, 03:47 PM


Group: Member
Posts: 7,899

so, it would appear that you are not part of the problem?
  Forum: Investment Discussion

nipper
Posted on: Dec 16 2020, 01:48 PM


Group: Member
Posts: 7,899

.

China has not confirmed officially it has blacklisted Australian coal. But after meetings in China on Saturday of the National Development and Reform Commission, China’s main economic planning agency, the CCP’s bellicose mouthpiece, the Global Times, reported approval had been given to power plants to import coal without clearance restrictions, except from Australia. Coal producers in Mongolia, Indonesia and Russia would benefit from the change in policy, it said.

That news will make for an anxious Christmas for coal workers, investors and those in the regional areas where the miners live and work in Australia. It is also bad news for the 1000 sailors stranded aboard 80 bulk carriers off China’s coast, which are not being allowed to unload. Not surprisingly, the ship owners holding the black-listed coal are threatening legal action against Chinese buyers, as Perry Williams reports. With China buying $13.5bn in coal a year, the crisis has put Australia’s industry under pressure.

But China is not our biggest market for thermal coal, as Mr Morrison pointed out on Tuesday. Japan buys $9.6bn of thermal coal a year, followed by China ($4bn), South Korea ($3.3bn) and Taiwan ($2.8bn).

The biggest markets for Australian metallurgical coal are India at $10.2bn, followed by China ($9.7bn), Japan ($7.4bn), South Korea ($3.8bn) and Taiwan ($2.5bn)
  Forum: Macro Factors

nipper
Posted on: Dec 16 2020, 09:10 AM


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Posts: 7,899

and the ambition is showing
UNITI ACQUIRES TELSTRA VELOCITY® & SOUTH BRISBANE EXCHANGE ASSETS
Adds ~50,000 Active FTTP Services.
Telstra to become a RSP of Uniti.
Highly Accretive.



Telstra Velocity® & South Brisbane Exchange is Australia's second largest private FTTP network

~ 68,000 premises passed , ~ 65,000 FTTP connected premises, ~ 50,000 active premises

Telstra to become a RSP on Uniti's national FTTP network ( including OptiComm )

Purchase Price of $140M, $85M payable on completion, $55M deferred with $20M payable over 3 years and $35M on completion of migration of the assets and services, with an ability to adjust the total purchase price subject to the size of the customer base at the time of migration

Uniti commits to $70M spend for a 10 year term with Telstra Wholesale for essential backhaul, duct and exchange access to support delivery of services following customer migration being completed

Forecast annual EBITDA contribution to Uniti of $ 21M, commencing from early January 2021 and potentially increasing post migration of assets and services

~ 13 % EPS accretive and increases FY21 pro forma EBITDA by more than 20% to $116M

Acquisition funded by mix of debt, underwritten equity placement and share purchase plan

Uniti net debt to FY21 pro forma EBITDA ~2.3 times ratio at completion
  Forum: By Share Code

nipper
Posted on: Dec 15 2020, 08:44 PM


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• Talga is undertaking a fully underwritten placement to raise A$25 million

• Proceeds will be used to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden

• Placement issue price of A$1.450 per share, representing a discount of 17.8% to the last closing price of A$1.765 per share as at 14 December 2020 and a 17.3% to the 1 month volume weighted average price (VWAP) of A$1.754

• Talga is also undertaking a non underwritten Share Purchase Plan for all eligible shareholders to raise up to A$10 million.
  Forum: By Share Code

nipper
Posted on: Dec 15 2020, 11:02 AM


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Thomson Resources (ASX:TMZ) could be positioned to capitalise on the silver resurgence, with an existing Gold portfolio and the pending acquisition of two silver assets. Thomson is a NSW focused explorer, set to acquire 100% of two transformational silver assets in the first months of 2021, with due diligence to be completed in January.

The Webbs Project is Australia's highest grade undeveloped silver asset and will be complemented by the Conrad Silver Project. Historical workings show Conrad has a very large "in ground value"; one which the previous owner demonstrated to have value of almost one billion dollars.

Both projects have seen historic silver production and have a resource defined compliant with the JORC Code 2004 as follows:

  • Webbs: 1.5Mt @ 345g/t Ag Eq ; 16.5 million ounces Ag Eq
  • Conrad: 2.65Mt @ 206g/t Ag Eq ; 17.5 million ounces Ag Eq
Both silver projects are located in the New England Fold belt in NSW and combined, equate to an acquisition of over 30 million ounces of silver equivalent resources.

The projects will be acquired from the $207M capped Silver Mines Ltd (ASX: SVL), and as part of the acquisition, Silver Mines will hold ~ 19% of the issued shares of TMZ, which will be escrowed for 12 months. Silver Mines Managing Director Anthony McClure will take a board seat as a Non Exec Director.

The company is aiming to start aggressively expanding its silver resource base over the coming months, both organically and via acquisitions.

There is an experienced management team driving this agenda and it has been strengthened by the engagement of Global Ore Discovery, led by Stephen Nano. Global Ore is assisting with running the due diligence process of on the silver assets and has a history of silver project generations that lead to takeovers.

Thomson has a $30M market cap, and recently raised $6M, so appears well funded for near term exploration.
  Forum: Off Topic Chat

nipper
Posted on: Dec 15 2020, 09:31 AM


Group: Member
Posts: 7,899

Mags had this to say in the AYS thread
QUOTE
WAM are on a buying spree: My CLF is still under attack, he (Geoff Wilson) is now attempting to sabotage the board. I have never understood the 'hype' around WAM/Wilson, but now I see he is just a spruiker. Looking at the boat load of paper work he's sent CLF shareholders, you'd have to have rocks in your head to want WAM over CLF. But it is what it is, we are in a highly unstable economy, stocks are at crazy valuations: There's a big shake up in the Telco industry, the Amaysim boys are probably doing the right thing ie. take WAM's offer then dump them for cash.
I'm not impressed by WAM actions at all. If I had their shares, I'd be selling out after seeing the circus, and waste of shareholder funds in his attempt to get CLF: Which at the end of it all, is just an attempt to buy 'below' NTA to provide some 'growth' to his existing holders. WAM's shareholders display the behaviour of those in a cult....

I won't debate the rights and wrongs of this. CLF is only $80mill fund, trading under NTA. It is therefore a target.
I agree with the comments about cult like behaviour of shareholders. Mainly mushrooms, unfortunately.
Too much of WAM earnings come from capital gains; and those are not assured .... hence the dividend, and franking, is under a cloud

(Do not hold WAM < but have 'followed ' the spruik for years > )
  Forum: By Share Code

nipper
Posted on: Dec 15 2020, 09:29 AM


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Posts: 7,899

I would not go that far, with this arrangement at least. The offer is conditional on Optus deal being voted for, and hence AYS would just be a cashbox, that was then slated to be wound up. (Amaysim has already thrown in the towel and sold off its assets)
Wilson comes along and puts a bit on the table because the embedded franking credits are useful. AYS holders can either take cash at 69.5c or 1 WAM for 2.7 AYS shares, current value 83c (but only with that premium because WAM is trading above NTA).

WAM gets new shareholders (some) and enhanced FUM, plus franking credits.
  Forum: By Share Code

nipper
Posted on: Dec 15 2020, 08:15 AM


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Posts: 7,899

The Amaysim board has recommended shareholders accept a takeover offer from WAM Capital, after the companies entered into a bid implementation agreement under which it is proposed that WAM will make an agreed off-market takeover bid for the company.

The board unanimously recommended the offer and the directors are intending to accept the offer in the absence of a superior proposal.

Under the offer, each Amaysim shareholder may elect to receive either: 1 WAM share for every 2.7 Amaysim shares, representing 83.32¢ of implied value per Amaysim share; a cash consideration of 69.5¢ per Amaysim share; or a combination of cash and scrip.

Amaysim shares last closed at 73¢ a share.

The offer is conditional on Amaysim shareholders approving the sale of its mobile bueinsess to Optus Mobile.

"
QUOTE
The WAM Offer is complementary to the existing offer from Optus to acquire the mobile business. It has no impact on the existing offer from Optus, but rather, provides Amaysim shareholders with additional optionality to receive a higher return, said Amaysim chairman Andrew Reitzer.

It also removes the uncertainty in the current distribution to shareholders that is dependent on the company's ability to cost efficiently wind up and de-list.
  Forum: By Share Code

nipper
Posted on: Dec 15 2020, 07:54 AM


Group: Member
Posts: 7,899

Neither did I. In these days of fake news, some things need checking.
  Forum: Off Topic Chat

nipper
Posted on: Dec 14 2020, 08:09 PM


Group: Member
Posts: 7,899

QUOTE
Ambrose Dlamini, the Prime Minister of the tiny African country of Eswatini, has died in a South African hospital four weeks after testing positive to COVID19.

Was Swaziland, officially changed name of country in 2018
  Forum: Off Topic Chat

nipper
Posted on: Dec 14 2020, 07:57 PM


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Posts: 7,899

BidEnergy BID has been around for a while; On December 14th, 2020, Bidenergy Limited changed its name to Bill Identity Limited, keeping the same ASX ticker BID.

Bill Identity Limited (BID) is an Australia based technology company, which provides utility spend management services through the deployment of its cloud-based software platform.The Company operates in Australia, New Zealand, the USA, United Kingdom, and Europe and deliver Utility Bill Expense Management Solutions, trusted by many complex businesses to automate manual processes,which improve data visibility, integrity, and control.
  Forum: By Share Code

nipper
Posted on: Dec 14 2020, 06:34 PM


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Posts: 7,899

Iron Ore Price Rips Higher Even As Cyclone Threat Dissipates

QUOTE
Fears of supply disruptions caused by a tropical low at Port Hedland helped drive the rises on Thursday and Friday. But the low has gone and Port Hedland is now back and has restarted loading at its various ports. Tonnage lost was minimal, which might see any immediate price rise capped today.

The price of 62% Fe fines rose $US3.55 or 2.4% to $US160.13 a tonne, delivered to northern China. That helped the price over the week end up 10.4%. The price so far in December is up 21.65% and looks very much in a boom and that will, if past history is any guide, end in tears and a big slide.....

[and of course] .... the sharp rise in iron ore prices has triggered a moan from the Chinese steel industry. A group of Chinese steel producers on Friday called on the country's market regulator and securities regulator to investigate the recent spike in iron ore prices, according to Reuters.....


https://www.sharecafe.com.au/2020/12/14/iro...eat-dissipates/
  Forum: Macro Factors

nipper
Posted on: Dec 14 2020, 11:04 AM


Group: Member
Posts: 7,899

If the expression of being a Dick for a Tick, of missing a trade because of an unwillingness to meet the market, then I have been a complete Dag for a Bag, and do not hold, even though following, posting,telling myself I should (and had money on the sidelines waiting) ever since ASM came out of Alkane and especially when it bounced around a buck level for a week or so.

I hear the Rare Earths story, there are just so many convergences happening for there not to be opportunity (China dominance, EV uptake, wind power, the green and glorious future) but the nature of finding a winner is hard. and the reality of what happened in 2010 / 11 when RE prices roared ahead only to fall back. So many small cap players are in on a wing and a prayer but bringing in a bit of dirt involves a process that appears hard. Proving up, finding partners, building plant.. getting end users on board. All up, it seems to be beyond most minnows. ASM has momentum and capacity, and seems to have done it!!!.
  Forum: By Share Code

nipper
Posted on: Dec 14 2020, 10:35 AM


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Posts: 7,899

IPO today, raising $33million through Bell Potter, priced at 96c a share


Genus is an end to end specialist service provider for essential power and telecommunications infrastructure. Genus provides an integrated service offering via its four key complementary business segments to its customers in the resources, power, utilities, and telecommunications sectors across Australia.

Its four key business segments and their focuses are:
1. Powerlines Plus (contributed 73% of FY20 revenue) which provides design, construction and maintenance of overhead transmission and distribution lines, switchyards, and substations;
2. Diamond (contributed 19% of FY20 revenue) which provides construction and maintenance of underground telecommunications and power infrastructure;
3. ECM (contributed 3% of FY20 revenue from Genus' ~6 months of ownership) which provides electrical and instrumentation services, as well as mechanical fabrication, assembly, and installation; and
4. Proton Power (contributed 5% of FY20 revenue) which provides HV testing and commissioning services
.

Powerlines Plus is the founding and still the core platform business within Genus and the majority contributor of its earnings and growth. Whilst Genus has expanded its capacity and capabilities with the addition of Diamond, ECM and Proton Power, these businesses are still in their infancy and have yet to contribute in a significant way to Genus' earnings.

Genus is headquartered in Belmont, Perth, with a number of offices or depots across Western Australia, South Australia, Queensland and New South Wales.




A specialist power solutions provider - Genus Plus
  Forum: By Share Code

nipper
Posted on: Dec 14 2020, 10:09 AM


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Posts: 7,899

IPO today ... raising $20million at 75c; opened at $1.20 and settling a bit lower, above $1.00 maybe


AUCloud is an Australian sovereign cloud Infrastructure as a Service (IaaS) provider exclusively focused on the Australian Government, the Australian Defence Force and Critical National Industry communities.

The Australian Government invests in Information and Communication Technology systems to support the secure and continuous delivery of government business. Secure ICT systems maintain the confidentiality, protect the integrity and facilitate the availability of the information that government entities process, store and communicate. It is estimated that the Australian Government will spend over $13 billion per year to maintain and grow its ICT capabilities.

Cyber threats to government and commerce posed by malicious actors have increased in line with increased connectivity. Increased geopolitical tensions, increased crime, control of legal authority and locality of data have heightened the importance of sovereign security solutions. Global IaaS brands with resources distributed globally may store data overseas which opens the stored data to legal, jurisdictional compromise.

The AUCloud IaaS service provides its customers with a highly secure, scalable, automated cloud solution, delivering an efficient and effective hosting environment for critical and sensitive applications and systems. The services and data managed by AUCloud are all hosted and maintained in Australia. AUCloud will seek to secure contracts from the Australian Government, ADF and CNI where it has this strategic advantage.

The Company has invested significantly into creating two autonomous inter-connected geographically diverse Sovereignty Zones in Canberra and Sydney. Through the Company's ecosystem of over 60 channel partners, AUCloud has built a pipeline of sales opportunities.
  Forum: By Share Code

nipper
Posted on: Dec 12 2020, 07:06 PM


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Posts: 7,899

puts a case::

These Changes Promise to Completely Change Global Markets

https://capitalistexploits.at/these-changes...global-markets/
  Forum: Investment Discussion

nipper
Posted on: Dec 12 2020, 12:57 PM


Group: Member
Posts: 7,899

change name to Core Lithium, and what happens?

QUOTE
Core Lithium has discovered more than 80 gold nuggets at its Bynoe gold project in the Northern Territory. Each nugget weighs up to five grams in size and were found within a newly discovered gold in soils anomaly in the northern part of the Bynoe tenements.

Core unearthed five rock chips grading above 10 grams per tonne and 17 samples above one gram per tonne.

Core managing director Stephen Biggins said that the company saw the recent discoveries as the most significant evidence of largescale gold mineralising systems at play in the Bynoe gold project to date.

While this area has not previously been explored for gold, it is not surprising how much gold we are finding in only our first few months of exploration, given that this region hosts over 13 million ounces of gold and has produced between 4 to 5 million ounces of gold.”

Core will now conduct its first shallow gold drilling program on its four new prospects; Windswept, Hurricane, Congo and Far East across a 1600 metre gold trend.

The Bynoe gold project is founded on lithium exploration samples that Core collected from its Finniss lithium project tenements over the past five years....


That is how Boddington was found... Looking for bauxite. Good geologists always look for Gold
  Forum: By Share Code

nipper
Posted on: Dec 12 2020, 12:38 PM


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Posts: 7,899

one of the hot sectors has its own index XIJ


S&P/ASX All Technology Index – Effective Prior to the Open on 21 December, 2020
Action ...... Code ... Company
Addition .... 3DP .... Pointerra Limited
Addition .... 4DX .... 4Dmedical Limited
Addition .... BID ..... Bidenergy Limited
Addition .... DTC .... Damstra Holdings Limited
Addition .... FDV .... Frontier Digital Ventures Limited
Addition .... FZO .... Family Zone Cyber Safety Limited
Addition .... HTG .... Harvest Technology Group Ltd
Addition .... LBY ..... Laybuy Group Holdings Limited
Addition .... MMM ... Marley Spoon Ag
Addition .... OTW .... Over The Wire Holdings Limited
Addition .... TNT ..... Tesserent Limited
Addition .... WBT .... Weebit Nano Ltd
Addition .... YOJ ..... Yojee Limited
Removal .... RAP ..... Resapp Health Limited
  Forum: Off Topic Chat

nipper
Posted on: Dec 12 2020, 09:53 AM


Group: Member
Posts: 7,899

QUOTE
In fact, how this new entrant into the world of cryptos work is remarkably like how Certificates of Deposits operate, only with a higher (much higher ... 8%) interest rate.

sounds too good to be true.
  Forum: Investment Discussion

nipper
Posted on: Dec 12 2020, 08:30 AM


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Posts: 7,899

https://www.sharecafe.com.au/2020/12/10/a-v...-afic-saw-2020/

A very challenging year: How AFIC saw 2020

by Mark Freeman, Managing Director
The speed of change, not the recovery, in investment markets in 2020 was arguably both the biggest surprise and biggest opportunity for investors. At AFIC we successfully capitalised on several buying opportunities throughout the downturn, including participating in some key capital raisings to further solidify our position in what we consider as high quality companies.

Interestingly, we entered calendar 2020 with the mindset that we may see a correction in the markets from the highs in January by the end of the year, but the sharp fall in March through April following the outbreak of COVID19 and the pace at which the market has rallied has been staggering.

In a matter of only months, we witnessed the heavy impact of COVID19 on markets while a vaccine was potentially still years away. Since then, multiple potential vaccines have been developed and markets generally have rallied as interest rates continued to fall to record-breaking lows, leaving yield seeking investors with little choice but to put their money into equities......
  Forum: By Share Code

nipper
Posted on: Dec 10 2020, 03:10 PM


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Steep price gains for nickel, copper and lithium producers are attracting fund managers to the industrial metals sector as leading producers are starting to opportunistically raise capital and arrest a period of underinvestment.

Copper miners Oz Minerals and Sandfire Resources are up 214 per cent to $18.83 and 107 per cent to $5.80 respectively from the lows of March. Iron ore and lithium play Mineral Resources has rallied 177 per cent to $34.97. Nickel and gold miner IGO, which announced a lithium deal on Wednesday, is up 50 per cent to $5.04, and nickel producer Mincor is higher by 167 per cent to $1.08.

Prices for industrial metals are reflecting the prospect of synchronised global economic growth in 2021, said an analyst. In addition, the market had broadly underestimated Chinese demand, he said.

The base metals sector has shrunk, with only three dedicated copper miners left in Australia. There has been a steady consolidation and aggregation of the base metal players, so we are not left with a wide field [to choose from], said Romano Sala Tenna, portfolio manager at Katana Asset Management.
  Forum: Macro Factors

nipper
Posted on: Dec 10 2020, 02:54 PM


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Elon Musk has launched the latest prototype of his Starship vehicle from Texas. Codenamed SN8, the uncrewed rocket lifted away from the Boca Chica R&D facility on what had been billed as a brief flight to 12.5km. SN8 was the first to attempt a high altitude suborbital flight.

The plan had been to test out some manoeuvres that mimicked a belly facing re entry to Earth's atmosphere, ending up with a flip back to the vertical just before touchdown.

Most of this was achieved: a clean launch off the pad, a steady climb to altitude, followed by a horizontal descent. But it was when the Starship tried to flip back to the vertical that things started to go wrong.

The vehicle came into its landing pad with too much speed, and promptly exploded on impact. Fuel header tank pressure was low during landing burn, causing touchdown velocity to be high & RUD, Mr Musk explained on Twitter.

[RUD stands for rapid unscheduled disassembly; we know this as a crash]
  Forum: Investment Discussion

nipper
Posted on: Dec 10 2020, 02:24 PM


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Australia has sold a bill at a negative yield for the first time in its history, accepting a bid for its 26 March 2021 Treasury note at a yield of -0.01 per cent. The weighted average issue yield was 0.0099 per cent, with the highest yield accepted being 0.015 per cent.

The Australian Office of Financial Management had tendered the note to raise $1.5 billion. The AOFM received a total of 58 bids worth $8.2 billion and 19 of those bids were successful with 10 bids allocated in full.



.... and, in a few months time, will this be the norm, or a one off?
  Forum: Investment Discussion

nipper
Posted on: Dec 10 2020, 10:33 AM


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rattling the pots and pans for $7million at 40c.... but only for select few (instos and professionals)
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nipper
Posted on: Dec 9 2020, 07:54 PM


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it does not rock my boat. ... watching with bemusement. Only buying cheap if the future is assured

Tianqi owns a 51 per cent stake in the Greenbushes mine and has already spent $US700 million on Australia's first hydroxide plant at Kwinana.

IGO and Tianqi will become partners in an entity that holds the 51 per cent stake in Greenbushes and owns the hydroxide plant, with Tianqi retaining a 26 per cent stake in the mine and a 51 per cent stake in the plant.

Albemarle, which owns a 49 per cent of Greenbushes and is building a lithium hydroxide plant at Kemerton, is not involved in the IGO /Tianqi transaction. Greenbushes is the world's biggest and lowest cost hard rock lithium mine, producing about 21 per cent of global supply in 2019.


And of course, what is Wesfarmers going to do with the Kidman acquisition, for the Mount Holland mine and associated hydroxide plant.
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nipper
Posted on: Dec 9 2020, 05:55 PM


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Nickel and gold miner IGO Limited (no longer Independence Group) says it has bought at the bottom of the lithium market by snaring a big chunk of mining and processing assets controlled by struggling Chinese battery metals company Tianqi. IGO will pay Tianqi $US1.4 billion ($1.9 billion) for a 25 per cent stake in Australias top lithium mine and a 49 per cent per cent stake in Tianqi's troubled lithium hydroxide plant at Kwinana, south of Perth.

IGO managing director Peter Bradford said the company had been in the running for a slice of the Tianqi assets for months and had stuck to an offer price made at what he reckons is the bottom of the lithium market.

Mr Bradford said price tailwinds were emerging for both spodumene and lithium hydroxide:
QUOTE
We have transacted at what we believe is the bottom of the lithium price cycle and on the eve of the explosion of the electricification of transport and disruptive demand for lithium, he said. We do not believe we were the top bidder, but we were prepared to consider a transaction structure that worked for Tianqi and which provided IGO the once in a lifetime opportunity to invest in what is truly a world-class integrated lithium business.


IGO intends to fund the acquisition by taking on $1.1 billion in debt, raising up to $766 million in new equity and using its cash reserves. The IGO raising launched on Wednesday involves the issue of up to 166 million new shares, or about 28 per cent of the current issued capital. The raising is made up of a $446 million fully underwritten placement at $4.60 and a $320 million 1 for 8.5 pro rata entitlement offer.

IGO considers it a transformative deal for the company as it looks to a future in battery metals and pursues a sale of its 30 per cent in the Tropicana gold mine in WA. Mr Bradford said the proceeds from any sale of the Tropicana stake would be used to pay down debt associated with the Tianqi deal.
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nipper
Posted on: Dec 9 2020, 12:41 PM


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https://themarketherald-com-au.cdn.ampproje...s-2020-12-08%2F
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nipper
Posted on: Dec 9 2020, 09:38 AM


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AustralianSuper comes knocking, first at NZ$6.40 then NZ$7.43 a share
QUOTE
Infratil board dismissed the second offer, but it has firmly shut the door on AusSuper, saying "no further engagement is planned at this time" on a proposal that is described as having "significant deficiencies"."Both proposals were unsolicited and materially undervalue our significant renewable energy and digital infrastructure platforms," Infratil chief executive Marko Bogoievski said.

Seems they are after Tilt Renewables, which is under a recently announced strategic review following approaches, (hold 65% , and rest is listed on ASX and NZX) and CDC Data Centres, which is showing ongoing appreciation in value.



  Forum: NZX

nipper
Posted on: Dec 9 2020, 09:30 AM


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Tilt Renewables Limited (TLT) is an Australasian owner, operator and developer of a number of established wind farms and an extensive wind and solar development pipeline. Tilt Renewables Australian assets are mostly strategically located in the South East of Australia, which has some of the most favorable wind resource conditions in Australia. Tilt Renewables also has operating assets situated in the North and South Islands of New Zealand.

Also listed on NZX. A 65.5 per cent shareholding in Tilt is held by Infratil, which, on December 7, saying it had recently received a number of enquiries in relation to the stake.

And Infratil has revealed 2 approaches from AustralianSuper recently.
  Forum: By Share Code

nipper
Posted on: Dec 9 2020, 06:47 AM


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remember this one. .... was wallowing, sub 50c for most of 2020, but has recently had a rediscovery.

and now....
QUOTE
Sources said the $419 million company was looking for between $50 million and $100 million in fresh equity, and a deal was expected to launch in coming days.And there are plenty of reasons why Syrah could need new capital.

High on the list is restarting its flagship Balama graphite project in Mozambique, which has been sitting idly for the past half year. Operations at Balama were halted by Syrah in July, as the global market for batteries sustained a pandemic induced hammering, which was the final straw for the project.

Syrah had already announced production cuts at Balama late last year due to weakening market conditions, and that was followed by a company restructure in the Sept 2019 quarter that saw the staff head count at Balama cut by 30 per cent.

However, a tightening graphite market could mean its time for Balama to restart.

In a note to clients a fortnight ago, UBS analysts said the graphite market was supportive of Balama restarting in 2021, and in their base case scenario the project would be restarted before March.

While it has been offline, UBS reckoned the Balama project had been burning around $US10 million cash each quarter. Syrah had $US44 million cash on its balance sheet as of September 30 this year and no debt, according to a quarterly activities report published in October.

Balama has the capability to supply 350 kilo tonnes per annum of graphite, which is one of the main components for anodes in electric vehicle batteries.

The other big reason Syrah could need capital would be to finance the development of its graphite production facility at Vidalia, in the United States. Syrah said it had completed a bankable feasibility study on the project at the start of December, and it would cost $US138 million to build a 10 kilo tonne per annum processing facility.

The completion of the BFS meant Syrah could start having commercial discussion for project development to progress with potential offtake partners and financiers, the company said.

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nipper
Posted on: Dec 8 2020, 05:35 PM


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close to a million shares went through today, and SP up some 70% .... but that means what??


probably a reincarnation, into a tired old structure?

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nipper
Posted on: Dec 8 2020, 11:44 AM


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was 4c about 10 days ago, now 24c. Up up and away.
  Forum: By Share Code

nipper
Posted on: Dec 8 2020, 09:27 AM


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up close at Montreux, mid 90s. Electrifying. But it was the words, the imagery, that defined his work, I agree.

He is now 79 years old.
  Forum: Off Topic Chat

nipper
Posted on: Dec 8 2020, 08:45 AM


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With $5.31 for shares on offer at the IPO, Nuix has traded strongly. Opened about $8.50, dipped below then ended Day One at $8.01, then Day Two was very positive, trading in the $9 to $10 a share range, closing at $9.06, and making it a company with a MC well over $2 billion.
  Forum: By Share Code

nipper
Posted on: Dec 7 2020, 01:49 PM


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Future Fibre Technologies FFT listed on the ASX mid 2015. It was a developer and manufacturer of fence mounted fibre optic perimeter intrusion detection and security systems. Deployed by some of the most security conscious industrial, military and government organisations in the world, FFTs advanced security systems detect and locate perimeter intrusions, identify third party interference on oil and gas pipelines and protect sensitive data communications cables..

On May 15th, 2018, Future Fibre Technologies Limited (FFT) changed its name and ASX code to AVA Risk Group Limited (AVA).
It now describes itself as a risk management services and technologies provider with a wide array of solutions for the government, military, industrial and commercial organizations. The company entails in provision of perimeter intrusion solutions, security access control products and logistics services, which is operated under Ava Global DMCC.

Since mid 2019, when it deployed its SecureLink technology to the Indian Ministry of Defence under a major military cybersecurity data network project, there has been some interest in the company, and 10c Sp went to 15c. By end FY 2019-20, a lift in revenue of 41% and moving from EBITDA loss to profit of $7.4mill and now, Dec, the SP has advanced to 75c.

AGM Outlook:
• We anticipate continued strong revenue growth and have already exceeded previously forecast Q1 FY2021 revenues with an increase of 73% to $17.0 million on the previous corresponding period, despite COVID19 delays to underlying Technology sales.
• We remain well funded for growth with cash at bank of $11.6 million as at 30 September 2020.
• EBITDA for Q1 FY2021 improved by 522% for the same period last year to $7.7. million and we expect this to continue with contributions from the IMOD and Australian Department of Defence contracts. I should note that the Q1 numbers are unaudited.

• In terms of new solutions Aura IQ has more than $50 million in qualified sales opportunities and we are anticipating strong interest in the new multi year Comprehensive Maintenance Agreements, with a number of FFT customers having already signed


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nipper
Posted on: Dec 7 2020, 01:18 PM


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Control Bionics (CBL) designs, manufactures and sells wireless wearable electromyography based augmentative and alternative communication technology. This allows users to operate and communicate via a computer using intentional thought and the body’s own neuroelectric signals detected at skeletal muscle sites .... the physical movement of a muscle is not necessary for the technology to detect and interface.

Control Bionics is a pioneer in the field of neuroelectric control as the technology uses smart algorithms to detect, synthesise and convert EMG signals into code which can interface with and control a broad range of electronic devices.

Control Bionics is currently focused on implementing its sales strategy in the USA, Canada and Australia and is also in the process of developing the growth strategy to expand into Asian and European markets. From late 2019, Control Bionics can affix the CE Mark to NeuroNode products which allows for European market access.

listed toda, 07 Dec. IPO price of 60c raising $15 million. Out of the blocks and trading $1.10 to 1.20 range
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nipper
Posted on: Dec 7 2020, 08:57 AM


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Just as a bit of lightweight primer, I just reread Bill Bryson's USA. The formation of the independent states in the C17th and 18th, and then inclusion of the territories after Independence is fascinating. And labyrinthine, convoluted, run but sectarian interests. It would be fair to think that the model has passed its use-by date.
  Forum: Off Topic Chat

nipper
Posted on: Dec 7 2020, 08:11 AM


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it is an interesting one, eb . The FA crowd are saying that overbought is ridiculous, than the disconnect between price and value (look at NXL now trading at 15x sales now it listed, wirth the prospect of earnings nowhere to be seen !). Market implied growth for growth stocks (mostly tech, but the same phenomenon is there for other sectors and names) is so high! Some say that growth stocks are favoured now we are in an era where Sales Growth is so low, where revenue increases are the lowest for 50 years.


  Forum: Macro Factors

nipper
Posted on: Dec 6 2020, 03:27 PM


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https://simplywall.st/stocks/au/telecom/asx.../telstra-shares
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nipper
Posted on: Dec 6 2020, 12:48 PM


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COSOL Australia (ASX: COS) is an Australian based IT and business services company founded in 2000, and operating internationally.
https://www.cosol.com.au/

COSOL Australia utilises both proprietary software and services to deliver solutions for clients operating in asset intensive industries, with clients within the energy, utilities, defence, mining & minerals processing, public infrastructure and oil, gas & petrochemical industries. There is a particular focus on resource and capital intensive Enterprise Asset Management and infrastructure focused systems.

The key offering is focused on optimising business processes and reducing business expenditure for its clients by providing services such as digital business solutions, which include business process and strategic reviews, implementation of Enterprise Resource Planning (ERP)/EAM solutions, data migration and ongoing support services to clients.

The company listed at 20c a share in January 2020, and is now trading close to an alltime high, at 76c. (Giving a 270% lift for IPO investors)
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nipper
Posted on: Dec 6 2020, 09:29 AM


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A Canadian view: (= caution. No control of prices)


https://financialpost-com.cdn.ampproject.or...From%20%251%24s
  Forum: Investment Discussion

nipper
Posted on: Dec 6 2020, 06:51 AM


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The sharemarket has had a volatile year, experiencing both record breaking months for growth and daily slides , but for most companies that braved market conditions to list for the first time, the risk has been worth the reward.

Of the 42 initial public offerings conducted since the start of 2020, nearly 75 per cent have recorded positive returns as of Friday, with a mixture of tech companies, healthcare companies and more traditional business featuring among the top performers. The average return across all listings so far this year is 47.3 per cent.

The best performing company is IT solutions company COSOL which has seen its share price rocket 277.5 per cent to 77.5c per share after a $12m listing in January. Shares were sold in the float at 20c each.

Following that is respiratory imaging company 4DMedical, with its share price lifting 242 per cent to $2.52 after a $55m August listing at 73c per share.

This week, Booktopia achieved its goal of successfully listing after shelving its $40m offer in 2016. It was worth the wait, Boooktopia’s $43m listing on Thursday hit the boards at a 20 per cent premium to the initial offer price of $2.30 per share.

Meanwhile Nuix’s $1.8bn float on Friday , the biggest float of the year debuted to a 60 per cent premium on the $5.31 offer price.

Construction company Maas Group had also had a strong start after listing on Friday, with its $145m, $2 per share offering lifting 31 per cent by the afternoon while clothes retailer Universal Store has seen a 26 per cent increase in its share price to $4.86 since its $147m listing just over two weeks ago.

However, some heavily anticipated IPOs did not live up the hype.

Online only cosmetics retailer Adore Beauty has seen its share price slip 10 per cent to $5.96 since its $269.5m listing in October while online lender Plenti’s share price has fallen 33 per cent to $1.10 since its $55m debut in September.

Home fragrance retailer Dusk Group has slipped 15 per cent since its $70m listing at $2 per share, despite representing 22 per cent of the home fragrance market, which has boomed during COVID19 as people working from home buy scented candles and reed diffusers.
  Forum: Off Topic Chat

nipper
Posted on: Dec 5 2020, 03:49 PM


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My SMSF is processed with DocuSign. Very clear and logical process.... And I hope entrusted.
  Forum: By Share Code

nipper
Posted on: Dec 5 2020, 03:31 PM


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this is very first world
https://www.bbc.com/news/world-europe-55195390
The Faroe Islands are set to open an under-sea roundabout following more than three years of construction.

The underwater tunnels connect the islands of Streymoy and Eysturoy in a network some 6.8 miles (11km) long. The network is scheduled to open on 19 December.

  Forum: Off Topic Chat

nipper
Posted on: Dec 5 2020, 03:22 PM


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The Nuix business model precludes the sale of its data analytics software to Chinese controlled companies and Chinese government agencies.

Some of the largest customers for Nuix software are Western intelligence agencies who spend much of their time thinking about China's latest strategic move. Nuix software engine can allow prosecutors from police organisations or intelligence officers from spook organisations to find the truth in the data.

Digital forensics teams in law enforcement and intelligence agencies use the Nuix software to collaborate and share intelligence as well as to prosecute the fight against criminals terrorists and other bad actors. It is believed the software has been used to collect, preserve, analyse and store evidence of crimes and atrocities by Islamic State. The software can ingest large quantities of structured and unstructured data at high speed and review it quickly

QUOTE
Nuix started with a very simple idea: to make emails searchable. Conventional thinking at the time was encapsulated in isn't that what Google does? That typified conventional wisdom. We are now well beyond that ambition and can successfully claim that we can make any digital data searchable and in near real time ...and at a speed and scale that is unmatched by anyone on the planet.
founder Tony Castagna


Nuix is one of the few Australian tech companies to have founded its success on global patents of its intellectual property (IP). The Nuix algorithm to make unstructured data searchable was first patented in 2013. The company has since registered a further six core patents in the US as well as 100 other patents of its unique IP.

Australia lags in the world in patent filings .... Very few Australian companies are filing patents for artificial intelligence, either because they have not invented new ideas or cannot afford the $50,000 it costs to register a global patent.
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nipper
Posted on: Dec 5 2020, 12:00 PM


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that is true; Special Ops in Auckland Harbour went badly wrong!
  Forum: Off Topic Chat

nipper
Posted on: Dec 4 2020, 11:46 AM


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Price discovery for Nuix; it opened close to $9, now about 15 minutes later, it is trading below $8.
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nipper
Posted on: Dec 4 2020, 10:39 AM


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MAAS Group listed today. .. MGH opened at a 20 per cent premium to its float price in its ASX debut. Shares in the construction materials, equipment and services provider were sold at $2 each, raising $145.6 million.
QUOTE
MAAS Group is a leading independent Australian construction materials, equipment and services provider with diversified exposures across the civil, infrastructure, mining and real estate end markets.

MAAS Group operates a vertically integrated and diversified business model in key growth markets in Australia, with a strong presence in regional areas, and has an emerging international presence.

MAAS Group holds strong market positions in each of its complementary segments:

Construction Materials operates in NSW under the 'Regional Group brand, with 20 strategically located quarries (nine operating and 11 expected to commence production in the near future), one of the largest mobile crushing and screening operations in NSW, and it is in the process of growing its Premix and Precast Concrete business unit in NSW.

Civil Construction and Hire provides construction and above ground plant hire services to major civil and infrastructure projects in Australia, electrical infrastructure works across NSW, and underground electrical equipment manufacture, hire, and sales for tunnelling and underground hard‑rock mining.

Real Estate develops residential housing estates, primarily focussed on regional centres in NSW that have been designated by the NSW Government as leading regional cities. The business also has a growing pipeline of future industrial properties, commercial properties, and development opportunities.

Underground Equipment and Services specialises in providing mobile equipment for the underground tunnelling and mining industries in Australia and globally.

MAAS Group said it is performing in line with internal budget forecasts and continuing to build its forward order book. The construction materials business is on track and production at fixed plant quarries is in line with its budget. The second half will result in an additional quarry brought online.

The plant hire and civil business is tracking ahead of its internal budget. It has a "strong" order book and some "significant" project wins have materially increased plant utilisation.

The residential housing estates is trading "well", while commercial property project are "tracking as planned".

However, recent trading in the underground business has experienced a decrease in utilisation due to some large hire contract running off. A return to normal utilisation is expected in the second half.
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nipper
Posted on: Dec 4 2020, 08:11 AM


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Nuix Ltd NXL is listing today at 12:30pm. IPO price of $5.31 sees it as a $1.8billion company.


Existing shareholders of Nuix have sold down $875 million worth of stock at the IPO price, and the company has raised another $100 million of new capital for the business to invest in growing into new verticals. Macquarie Bank, which owns more than 66 per cent of the business, will reduce its stake by more than half to 30 per cent.

Nuix is a leading provider of investigative analytics and intelligence software, with the vision of finding truth in a digital world.

Nuix was first conceptualised in the early 2000s, with the development in Australia of an algorithm to make unstructured data searchable and was first commercialised for a specific use case with an Australian government agency. Since then, Nuix has grown to provide its software to over 1,000 customers across 78 countries. It remains headquartered in Australia today, despite over 80% of Nuix's Total Revenue in FY20 being generated from markets in North America and EMEA.

The Nuix platform is underpinned by over 15 years of research and development, with over A$200 million of total research and development costs incurred by Nuix since 2008 (including both capitalised and expensed research and development spend), resulting in the creation of one of the world's leading technologies for processing data at scale. Over the last five years in particular, Nuix has made significant investments in talent, process improvement, sales and marketing, acquisition integration and technology, and improving customer experience, while continuing to enhance the functionality of its platform.

Nuix generates revenue through a number of different software licensing models, predominantly through the sale of subscription licences. In FY20, the Company achieved:
  • ... A$175.9 million Total Revenue, an increase of 25.9% on the previous financial year (FY19: A$139.6 million);
  • ... subscription revenue equivalent to 88.7% of Total Revenue, an increase from 87.4% in FY19 and 80.8% in FY18; and
  • ... a gross profit margin of 88.2% (FY19: 88.8%) and an EBITDA margin of 31.5% (FY19: 20.8%), on a pro forma basis.
  Forum: By Share Code

nipper
Posted on: Dec 3 2020, 06:04 PM


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Victorian Government raises trade concerns directly with China

https://www.abc.net.au/news/2020-12-03/vict...ncerns/12947418


stick with potholes and rubbish removal, Dan.
  Forum: Off Topic Chat

nipper
Posted on: Dec 3 2020, 03:31 PM


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Cannabis related shares on a roll today.

TGA reclassification of Cannabidoiol CBD:
QUOTE
.... TGA decision regarding amendments to down schedule cannabidiol (CBD) products to schedule 3 medicine expected in late December 2020
.... Schedule amendment would allow Australian consumers to purchase CBD products following consultation with a pharmacist without the need for a prescription

This follows on from the EU ruling of recent times
QUOTE
Court of Justice of the European Union ruled that member states must not prohibit the marketing of lawfully produced CBD. Further, the CJEU ruled that CBD is not considered a narcotic, and as a result, CBD can be freely sold in the European Union.

Some of the movers TODAY:
CPH ... up 47%
EXL ... up 37%
AC8 ... up 26%
CAN ... up 16%
THC ... up 15%
MXC ... up 13%
CP1 .... up 11%
AGH ... up 11%
EXE .... up 10%
  Forum: By Share Code

nipper
Posted on: Dec 3 2020, 03:12 PM


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but there again, other miners have several other strings to the bows.

from the ShareCafe front page:

New Vale Cuts Push Iron Ore Above 2013 Highs

QUOTE
Iron ore prices have hit new seven-year highs on emerging fears of a shortage in early 2020. The fears were sparked by the surprise move by big Brazilian exporter, Vale, to trim its 2020 production estimate for a third time this year and set a smaller than expected first estimate for 2021 output....

And there is also the very interesting institutional reaction, of selling down because of the China thing. A fundie yesterday stated that Simandou is 18 months away from first shipment, and then what has been happening to TWE, barley, lobsters etc may well happen to the major miners. But that is not next week, nor month, nor even next year. Realistically, 3+ years before the Guinea monster has an impact on supply.
  Forum: By Share Code

nipper
Posted on: Dec 3 2020, 11:51 AM


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QUOTE
Telix is able to confirm its intention to proceed with the Phase III ProstACT study as an international, multi centre, randomised controlled trial comparing best standard of care with and without TLX591, in patients with PSMA expressing metastatic castration-resistant prostate cancer, who have disease progression following prior treatment with a novel androgen axis drug.

The primary endpoint for the ProstACT study will be radiographic progression-free survival, with secondary outcome measures including overall survival, quality of life and safety.
up again today. $4.10... was under $2 only six weeks ago
  Forum: By Share Code

nipper
Posted on: Dec 3 2020, 07:58 AM


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Optus has put its mobile tower network up for sale ...
The Optus towers sale .... is expected to kick off in the first quarter of next year. RFPs have been flying around the market for banking and legal advisers and, at ... last count, there are already six potential known bidding groups, not including the likes of AustralianSuper and AwareSuper who are on the sidelines but known to be considering their options. Bidders have been told Optus plans to retain a strategic stake in the portfolio, expected to be about 30 per cent.

so now there are some likely numbers:
QUOTE
In direct opposition to the Optus process, Telstra has created InfraCo Towers, which will own and operate its much bigger portfolio of passive mobile towers....
The Telstra Towers unit had $306 million revenue and about a 65 per cent EBITDA margin in the 2020 financial year, Telstra said. That is about $200 million a year EBITDA. Put an infrastructure multiple on that and it is pretty easy to get to a $5 billion valuation on a 100 per cent basis.
  Forum: By Share Code

nipper
Posted on: Dec 1 2020, 07:46 PM


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morphed to data and cloud
Data Centre Capacity.
• Total IT Load of all Data Centres is 21MW of which 19MW has been sold, including 10MW to a Leading Corporation (new customer).
• The remaining floor at IC3 East will be sold to our 3 business units and some wholesale customers.

Cloud Services and Government.
• Sales orders up 60% from FY19 to FY20
• 81% Cloud Services and Government FY20 revenue is recurring
• High quality Government customer base spread over 42% of Federal Government agencies
• Cloud Services and Government's HybridIT managed services deliver 10 times revenue per MW compared with colocation

Outlook.
● Company EBITDA will continue to grow in FY21, with first half of fiscal year 2021 in the range of $36 to 37 million. However, 2H FY21 will be relatively flat compared to 1H FY21 driven by investment in sales and operational resources to support continued growth.
● Construction of capacity under new contract will occur through CY21 for completion late CY21 / early CY22.
● Billing is due to start shortly after completion, Q3 FY22. FY23 will have full year impact of the contract.
● No material change to guidance for depreciation and amortization for FY21.
● FY21 total capex is expected to total $180 to $200 million

and now comfortably over $50 a share
  Forum: By Share Code

nipper
Posted on: Dec 1 2020, 03:39 PM


Group: Member
Posts: 7,899

Race Oncology is an ASX listed precision oncology company with a Phase II/III cancer drug called Bisantrene.

QUOTE
Bisantrene is a potent inhibitor of the Fat mass and obesity associated (FTO) protein. Overexpression of FTO has been shown to be the genetic driver of a diverse range of cancers. Race Oncology is exploring the use of Bisantrene as a new therapy for melanoma and clear cell renal cell carcinoma, which are both frequent FTO overexpressing cancers.

The Company also has compelling clinical data for the use of Bisantrene as a chemotherapeutic agent with reduced cardiotoxicity in Acute Myeloid Leukaemia (AML), breast and ovarian cancers and is investigating its use in these areas.

https://www.raceoncology.com/

Developed in the 1970s, Bisantrene got to Phase III trials and did well, but the drug was not designed at clinical trial to show drug equivalence. Then the parent company American Cyanamid got into trouble and things lapsed.....
QUOTE
... it is not uncommon in the pharmaceutical industry, where up to 25% of all drugs that show promising Phase III results end up not being approved due to nonclinical reasons. It is a rare drug that does not suffer many near death experience during its development...

... what interests me about this is personal experience. A bout of ill health 4 years ago and I developed a fatty liver, and told I was pre diabetic. I did a Michael Mosley diet and rapidly dropped 10kg. And two melanomas appeared. Got them just in time; dodged a bullet, said the dermo.

QUOTE
Important scientific discoveries made over the last decade have identified dysregulation (loss of control) of RNA epigenetics as a key driver in cancer development. FTO was originally identified in the early 2000s from genome wide genetic association studies as linked to weight gain
  Forum: By Share Code

nipper
Posted on: Dec 1 2020, 02:38 PM


Group: Member
Posts: 7,899

Creso Pharma (CPH) is likely to benefit from a new ruling on cannabidiol (CBD) products in Europe
QUOTE
Court of Justice of the European Union ruled that member states must not prohibit the marketing of lawfully produced CBD.

Further, the CJEU ruled that CBD is not considered a narcotic, and as a result, CBD can be freely sold in the European Union.


up 50% in last few days but retracing now
  Forum: By Share Code

nipper
Posted on: Dec 1 2020, 02:26 PM


Group: Member
Posts: 7,899

There is a video link for this company on the front page. ... https://www.sharecafe.com.au/2020/11/30/cal...020-and-beyond/

Australian resource company Calima Energy (ASX: CE1) is heavily involved in the Montney Formation on the Alberta / British Columbia border in Canada. In this video, Calima President Michael Dobovitch provides an update on what’s been happening with the company and its operations.

Key points in the video:
  • .. recent consolidation in the Montney Formation
  • .. what these transactions mean for Calima
  • .. how energy prices have been behaving of late and where Calima sees them heading from here
  • .. more information on the company’s recent drilling results
  • .. what’s next for Calima


  Forum: By Share Code

nipper
Posted on: Dec 1 2020, 12:08 PM


Group: Member
Posts: 7,899

the trolls seem to have been removed. Thx
  Forum: Off Topic Chat

nipper
Posted on: Dec 1 2020, 06:53 AM


Group: Member
Posts: 7,899

. double post
  Forum: Investment Discussion

nipper
Posted on: Dec 1 2020, 06:53 AM


Group: Member
Posts: 7,899

But the task of getting next stage development (= funding) is what holds back confident investment in most of the candidates

https://stockhead-com-au.cdn.ampproject.org...-rare-earths%2F
  Forum: Investment Discussion

nipper
Posted on: Dec 1 2020, 06:45 AM


Group: Member
Posts: 7,899

Yep computer generated porn, or bad Russian translation.
I send messages to mods via the Contact Admin button at page.
  Forum: Off Topic Chat

nipper
Posted on: Nov 30 2020, 07:25 PM


Group: Member
Posts: 7,899

Britain could be just seven days away from leaving the EU without a trade deal, the government warned.

In a candid assessment issued at the start of what may be the final week of trade negotiations, No. 10 Downing Street said a significant gap still existed on fisheries, adding: No deal is arguably underpriced.

The hardening in language was triggered by the need for both Britain and the EU to pass in law details of the trade treaty before the end of the transition period on 31 December.
  Forum: Investment Discussion

nipper
Posted on: Nov 30 2020, 03:23 PM


Group: Member
Posts: 7,899

twas not to be, eb .
Sell off at closing time dropped another 30pt loss on what was a negative day from 11am on ...... down 83pts in the end. (Amateurs open, Professionals close)

All the pundits were hyping the story for a Miracle November. (Vaccine, Biden, cash sloshing around) but it was not to be.


  Forum: Macro Factors

nipper
Posted on: Nov 30 2020, 01:31 PM


Group: Member
Posts: 7,899

The TheraPharm technology has potentially broad application in the diagnosis and treatment of haematologic diseases such as blood cancers, infection management and a variety of immunodeficiency diseases.
TheraPharm already has a diagnostic imaging product approved in Europe and marketed as Scintimun targeting white blood cells, for the purpose of locating areas of infection in patients with suspected bone infection.

The deal provides Telix with access to a portfolio of patents, technologies, production systems, clinical data and know-how in in the use of molecularly targeted radiation in haematology and immunology. MTR drugs deliver targeted radiation to a patient. This is an injection, with a homing beacon attached to the radioactive drug. It finds the cancer cells and attaches itself and kills them. This allows it to selectively attack this area.

Telix plans to pursue its first non oncology indication in TheraPharm's drug candidate, 90Y-anti-CD66-MTR, which has demonstrated promising initial safety and efficacy data in systemic amyloid lightchain amyloidosis. SALA is a rare but serious protein deposition disease, caused by a protein known as an amyloid that is produced by abnormal plasma cells residing in the bone marrow. Protein deposition and formation of amyloids are associated with several neurodegenerative diseases.
There are about 30,000 and 45,000 people suffering from SALA in the United States and Europe respectively. It has a median survival rate from diagnosis of about 11 months if untreated.

Telix chief executive Christian Behrenbruch said the acquisition of TheraPharm and its MTR assets were uniquely aligned to Telix's mission and technical strengths in antibody engineering and radiochemistry.
QUOTE
TheraPharm technology has a significant role to play in BMC [bone marrow conditioning] and stem cell transplantation across a broad range of blood cancers and rare diseases, Dr Behrenhruch said.

MTR offers an excellent safety profile that may greatly expand the number of patients able to undergo life prolonging stem cell transplantation while greatly reducing the hospitalisation burden and cost associated with such procedures.

The current approach to BMC employs highly toxic drugs that have a poor morbidity and mortality profile, and for which many patients are ineligible.


Telix said the TheraPharm technology had potentially a very broad application in the diagnosis and treatment of haematologic diseases (like blood cancers), infection management and a variety of lymphoproliferative diseases.

For example, B cell lymphoproliferative disorders are conditions in the blood involving uncontrolled growth of white blood cells, including cancers as multiple myeloma, Hodgkin lymphoma and chronic lymphocytic leukaemia.

Dr Behrenhruch said of particular interest was the demonstrated use of the technology to safely and effectively condition patients prior to bone marrow stem cell transplant.
  Forum: By Share Code

nipper
Posted on: Nov 30 2020, 09:25 AM


Group: Member
Posts: 7,899

Telix Pharmaceuticals Limited (TLX) is a clinical stage biopharmaceutical company focused on the development of diagnostic and therapeutic products based on targeted radiopharmaceuticals or molecularly targeted radiation.

TLX is headquartered in Melbourne with international operations in Brussels, Kyoto and Indianapolis. TLX is developing a portfolio of clinical stage oncology products that address significant unmet medical need in renal, prostate and brain (glioblastoma) cancer.

today, has picked up a European pharma, with an agreement with Scintec Diagnostics GmbH to acquire TheraPharm GmbH, a Swiss German biotechnology company developing innovative diagnostic and therapeutic solutions in the field of hematology.

The acquisition of TheraPharm provides Telix with access to a portfolio of patents, technologies, production systems, clinical data and know-how in relation to the use of Molecularly Targeted Radiation in hematology and immunology. TheraPharm is developing antibody MTR technology against CD66, a cell surface target highly expressed by neutrophils (a type of granulocyte, a category of white blood cell) and tumor-infiltrating lymphocytes.

As such, the technology has potentially very broad applications in the diagnosis and treatment of hematologic diseases (e.g. blood cancers), infection management and a variety of lymphoproliferative diseases. Of particular interest is the demonstrated use of the technology to safely and effectively condition patients prior to bone marrow stem cell transplant.
  Forum: By Share Code

nipper
Posted on: Nov 29 2020, 02:05 PM


Group: Member
Posts: 7,899

The acquisition of the Lion dairy and drinks business for $560million gives Bega some real muscle in the Australian industry, but also increases the export business to about $500 million in revenues. Exports of cream cheese go to Japan, fresh yoghurt goes to Asia and powdered milk for infant formula to Asia.


Before the Vegemite acquisition in 2017, the Bega brand products portfolio made up just 20 per cent of its business as the company was little more than a provider of milk and cheese for private label brands owned by supermarkets. Bedding down the Mondelez buiness was an important stepping stone in learning how to extract value from branded gooods; the percentage was at 59 per cent last week, and by January, when it takes the keys of the Lion dairy and drinks business, it will be at 70 per cent. Lion manufactures milk and juice brands such as Big M, Dairy Farmers and Daily Juice.

CEO Barry Irwin says that these purchases are crucial in delivering better returns for shareholders over time. Group revenue will double to $3 billion a year with the Lion acquisition.
  Forum: By Share Code

nipper
Posted on: Nov 29 2020, 10:18 AM


Group: Member
Posts: 7,899

Rare earths emerging as pick of the proxies for EV exposure

https://www.livewiremarkets.com/wires/rare-earths-emerging-as-pick-of-the-proxies-for-ev-exposure
QUOTE
.... the interest here is how the value surge for Tesla is being taken as an endorsement of the EV/renewables revolution in a world increasingly moving towards decarbonisation and what that means for the materials needed to make it happen.

Materials for the lithium ion batteries that underpin the revolution (lithium, nickel, graphite, zinc and others) have not exactly taken off just yet. But the share prices of ASX listed producers/explorers of the requited materials have been on the march since September, probably due to confirmation of a strong rebound in EV sales growth post the worst of COVID19 and now the Tesla S&P factor. The chemistry of the preferred Li ion batteries will change over time. So there is some risk in the long-term around picking battery materials to play the EV/renewables thematic.

That is not the case with the rare earths that go into the permanent motors of EVs and windmills, and just about every other new world economy application. No matter the battery chemistry or who is building the EVs and windmills, the motors require the light rare earths of neodymium and praseodymium (NdPr) to ensure their reliability.

Exposure to rare earths as a way to have exposure to the EV/renewable revolution was a theme UBS dived into during the week in a note on ASX listed Lynas (LYC), the second biggest rare earths producer outside of China", which has an 80% grip on the market. "Lynas is positively exposed to a step-change in demand from EVs as each EV contains about 1-2kg of NdPr, mostly in the motor, UBS said. (It has a $4.05 price target on Lynas compared with Thursday's market price $3.69 for a $3.3b market cap).


UBS reckons annual EV sales could grow from about two million now to 36 million by 2030. As a result, it forecasts that NdPr demand will triple from 30,000tpa to 90,000tpa by 2030. (But) we do not think the market has created sufficient incentives for supply growth to triple by 2030. We estimate that an incentive price for NdPr is $US$60/kg. Prices have been below this level for most of the past 9 years, averaging ~US$41/kg, UBS says.

It believes that NdPr prices will need to lift from $US50/kg now to a peak of US$100/kg by 2024 before reverting to $US60/kg in the long term. From that it can be taken that the rare earths space is in line for some price excitement in coming years on demand fundamentals alone.Then there is the strategic appeal of rare earths in a world increasingly worried about Chinese grip on the supply chain. The potential for supply shocks, and NdPr got to $US280/kg in 2011 when China pulled supplies from Japan over a territorial dispute, is ever present.
  Forum: Investment Discussion

nipper
Posted on: Nov 28 2020, 04:34 PM


Group: Member
Posts: 7,899

thanks, mate... my interest level barely moved the dial.
  Forum: Off Topic Chat

nipper
Posted on: Nov 28 2020, 02:58 PM


Group: Member
Posts: 7,899

jump first, think second
.... probably confused with Diego Maradona
  Forum: Off Topic Chat

nipper
Posted on: Nov 27 2020, 05:45 PM


Group: Member
Posts: 7,899

maybe finding its stride.... Up 30% today after a rather ordinary year or so. Still well below earlier trades over the last few years
QUOTE
Sydney based company that allows prospective employers to seamlessly and professionally conduct pre employment reference checks on suitable candidates via an online candidate referencing system.

Xref supports more than 700 organisations worldwide, including 36% of the ASX 50, and is used across 35 market sectors.

Not sure how it works (anything other than having face to face HR, I guess)
  Forum: By Share Code

nipper
Posted on: Nov 27 2020, 05:30 PM


Group: Member
Posts: 7,899

TWE share price is down 11.25% today and the company shares placed in a trading halt.

https://www.abc.net.au/news/2020-11-27/chin...nsions/12886700

QUOTE
The Chinese Government has announced it will place tariffs on all Australian wine imports from tomorrow, striking a blow to the $1.2 billion a year industry.

The deposits, which effectively work like tariffs, will range from between 107 per cent to more than 200 per cent.
  Forum: By Share Code

nipper
Posted on: Nov 27 2020, 10:29 AM


Group: Member
Posts: 7,899

QUOTE
The thing you dream about in retail is the incremental dollar, Gerry Mr Harvey said.


Pretax profits soared an unprecedented 160 per cent in the first four months of 2021, reflecting the value of incremental sales on the largely fixed cost base, setting harvey Norman up for record December half profit growth.

The stronger than expected result perplexed longterm Harvey Norman investors ... Harvey Norman shares fell despite the good news.
QUOTE
The market is struggling to find meaning in the high rates of profit growth being generated in the household goods sector, said Credit Suisse analyst Grant Saligari. The duration of spending on household goods is underestimated. Company updates are proving market expectations of a rapid slowing in spending on household goods to be false.
  Forum: By Share Code

nipper
Posted on: Nov 27 2020, 09:42 AM


Group: Member
Posts: 7,899

https://www.australianmining.com.au/news/ly...arket-recovery/
  Forum: By Share Code

nipper
Posted on: Nov 26 2020, 08:29 PM


Group: Member
Posts: 7,899

A different FY, so at the AGM today, the was the usual ra ra and back slapping (virtual)

. In the financial year to 31 October 2020:[/size]

  • WAM Capital has increased 13.9%, outperforming the S&P/ASX All Ordinaries Accumulation Index by 10.7%;​​​​​​
  • WAM Leaders has increased 2.3%, outperforming the S&P/ASX 200 Accumulation Index by 0.8%;​​​​​
  • WAM Global has increased 8.5%, outperforming the MSCI World Index (AUD) by 5.9%;​​​​​​
  • WAM Microcap has increased 23.0%, outperforming the S&P/ASX Small Ordinaries Accumulation Index by 16.8%;
  • WAM Research has increased 16.6%, outperforming the S&P/ASX All Ordinaries Accumulation Index by 13.4%;​​​​​​
  • WAM Active has increased 11.4%, while the Bloomberg Ausbond Bank Bill Index was flat.
  Forum: By Share Code

nipper
Posted on: Nov 26 2020, 06:08 PM


Group: Member
Posts: 7,899

QUOTE
Now that we have competing vaccines across the world, it will be interesting to see which ones win the race.
Complementary, I would have thought. It is going to take a while to jab 8 billion ... and some vaccines need double shots.

Cold chain is a real negative, so the Oxford product has distinct advantages. But we do not , as you point out, know the SIDE EFFECTS. And will not until mass immunisation.
  Forum: Off Topic Chat

nipper
Posted on: Nov 25 2020, 09:00 AM


Group: Member
Posts: 7,899

Oil has surged to an eight month high overnight, with vaccine hopes and the smooth transition to a Biden presidency supporting risk assets across the globe.

A strong rally through November had put the oil market on track to reclaim its highs from late August, with hopes an effective vaccine could be rolled out within the next few months offsetting concerns over lockdowns and rising COVID19.

Brent crude surged 4 per cent to $US47.89 a barrel, its highest level since March 4, while West Texas Intermediate advanced 4.2 per cent to $US44.88 a barrel.

The strong surge has Brent crude up 27.9 per cent for the month, one of its best months on record
  Forum: Macro Factors

nipper
Posted on: Nov 25 2020, 08:53 AM


Group: Member
Posts: 7,899

Galaxy Resources has launched a $161 million capital raising to fund its Sal de Vida Stage 1 and pre development activities to progress James Bay to a construction ready status.

The raising will comprise a fully underwritten 1 for 14 prorata accelerated nonrenounceable entitlement offer and institutional placement.

The institutional placement will raise $111 million while the entitlement offer is expected to raise a further $50 million.

The capital will be raised at $1.70 a share, at a 15 per cent discount to its last close of $2.00.

QUOTE
This equity financing provides Galaxy with an enhanced level of certainty to commit to execute and develop Sal de Vida into a successful, lowest quartile cost lithium brine operation. Securing this funding for Stage 1 would allow us to confidently proceed into the early works phase, contract long lead items and complete pond construction in 2021 during the weather window, said chief executive Simon Hay.

With EV demand continuing to rise in Europe and North America, we will also accelerate James Bay to a construction ready status as these regions seek to localise raw materials supply and/or build out lithium chemicals capacity. We will utilise these funds to advance and execute the development of our world class assets and ultimately seek to contribute to supplying the expected global demand surge in lithium.



  Forum: By Share Code

nipper
Posted on: Nov 25 2020, 08:46 AM


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Posts: 7,899

Not my style to trade, but I had a bunch of transactions last few weeks. Sold all my gold, sold a range minnow speccies that were just bouncing along the bottom, bought value international (PMC @ 1.225) and piled into a med tech 4DX.
  Forum: Macro Factors

nipper
Posted on: Nov 25 2020, 07:59 AM


Group: Member
Posts: 7,899

How much before any pullback? Must be scaring the shorts and the catastrophists
  Forum: Macro Factors

nipper
Posted on: Nov 24 2020, 10:41 AM


Group: Member
Posts: 7,899

Talga Appoints Morgan Stanley as Financial & Transaction Advisor. 18 Nov
QUOTE
Morgan Stanley has strong commercial relationships with existing and potential Talga battery anode customers and joint venture/ development partners, and has acted in various M&A, corporate advisory and capital market roles for a range of major EV industry participants.

ABB and Talga Sign Agreement 
 for Swedish Battery Anode Project. 24 Nov
QUOTE
Under the MoU, ABB will utilise its industrial automation and electrification expertise to develop and co-ordinate an extensive suite of production control and process solutions for Talga's vertically integrated lithium ion battery anode operations. In addition, ABB will work together with Talga and its partners to provide engineering support for the Vittangi Anode Project Definitive Feasibility Study, due for completion March 2021, with the intent to execute binding agreements for construction and operations in future.


now trading above $2 a share. (both Announcements not Market Sensitive)
  Forum: By Share Code

nipper
Posted on: Nov 24 2020, 09:38 AM


Group: Member
Posts: 7,899

this digital world of interconnectedness and cyber footprints dos not auger well for the average citizen.
  Forum: Off Topic Chat

nipper
Posted on: Nov 23 2020, 08:28 PM


Group: Member
Posts: 7,899

Financial services firm Morningstar says Kogan.com shares are "materially overvalued" because investors are extrapolating the current surge in sales due to online migration during the pandemic too far into the future.

Morningstar director of equity research, Johannes Faul, valued Kogan.com at $10.50 a share, compared with a current price of $16.96. The shares fell 3 per cent on Monday, taking losses since last month, when the stock reached $25.57, to 33 per cent.

  Forum: By Share Code

nipper
Posted on: Nov 23 2020, 05:34 PM


Group: Member
Posts: 7,899

yeah, what is happening here?
QUOTE
NSX Limited (NSX) is the owner and operator of Stock Exchanges in Australia. The Company operates two distinct businesses: National Stock Exchange of Australia Ltd (NSXA) and IR Plus Securities Exchange Limited

Trade Acceptance Service (TAS) : NSXA Go-Live date of 23rd November 2020
NSX Limited wishes to advise that the Company has been informed that the ASX Group has today made formal lodgement of the ASX Clear operating rules (“rules”) to ASIC. The rules will enable the Company’s wholly owned subsidiary, the National Stock Exchange of Australia Limited to gain access to the ASX Clear monopoly on a commercial basis, under the TAS and “Open Access” regime The Council of Financial Regulators approved the “Open Access” regime at their October meeting. The launch of TAS is now subject to a statutory 28 days disallowance period of the ASX Clear operating rules by ASIC. The NSXA integration to the TAS service is scheduled to go live on the 23rd November 2020.

Digital Exchange Subregister System (DESS) :
NSXA has been working towards integration of the NSXA’s own internal Digital Exchange Subregister System, which is based upon Distributed Ledger Technology (DLT), into its digital platform being built by iSignthis Ltd.’s subsidiary, Probanx Solutions Ltd. The platform incorporates the NASDAQ trade matching engine, in addition to the DESS, and in future, the ClearPay Delivery versus Payments platform and the Paydentity™ KYC platform from iSignthis. The NSXA is in consultations with ASIC as to when the DESS can commence service, noting that it is now technically and operationally ready for service to commence data accumulation and writing to the blockchain, contemporaneously with TAS.
  Forum: By Share Code

nipper
Posted on: Nov 23 2020, 02:02 PM


Group: Member
Posts: 7,899

and down 20% on this news

QUOTE
Mineral Resources Limited (ASX: MIN) has advised Hazer that it will not be proceeding to Stage 2 of the development of the synthetic graphite project proposed under the binding cooperation agreement entered into between the companies in December 201


  Forum: By Share Code

nipper
Posted on: Nov 23 2020, 01:32 PM


Group: Member
Posts: 7,899

GGG is looking for $30 million via a placement of new shares and was also undertaking a share purchase plan to raise up to $3 million, according to terms sent out.

The new shares were being offered to investors at 24¢ each, which represented a 17.2 per cent discount to Greenland's last close and an 18 per cent discount to its ten day VWAP.

Canaccord Genuity was lead manager on the deal, while CPS Capital Group and Ashanti Capital were pitching in as co managers. Bids were due by 8am on Tuesday.

The money would go towards licensing and permitting at the Kvanefjeld rare earths project in Greenland, as well getting a definitive feasibility study ready.
  Forum: By Share Code

nipper
Posted on: Nov 23 2020, 10:53 AM


Group: Member
Posts: 7,899

New company under the RCL ticker:

ReadCloud RCL is an Australian education technology company that provides a leading digital eLearning solution to Australian secondary schools.

Students and teachers can share notes, questions, videos and weblinks directly inside the eBooks, turning the eBook into a place for discussion, collaboration and social learning, and substantially improving learning outcomes.

A school curriculum is accessible in one App, across multiple platforms and devices, regardless of the choice of publisher.

ReadCloud has 50 schools and 21,800 users using its platform as at 30 June 2017.

It was anticipated that RCL will list on the ASX during February 2018.

A few run ups and retraces in the last 2 years, but has hit its straps with and October Acquisition. (Covid environment is probably quite useful)
QUOTE
.... the acquisition of PKY Media Pty Ltd, trading as College of Sound and Music Production.

The acquisition expands ReadCloud’s product offering and market presence in the Vocational Education and Training in schools market, a key strategic focus for ReadCloud together with in-school education eLearning software solutions, including eBooks.

COSAMP is the market leader in VET courses for the music industry, which is a top10 vertical in the VET in Schools sector. Headquartered in Melbourne, the business provides nationally accredited VET programs for the music industry to 184 secondary schools throughout Australia, including Certificate II and Certificate III in Music Industry and Diploma of Music Industry qualifications. As a leading Registered Training Organisation, COSAMP provides the proprietary course materials and accreditation that enables schools to offer these courses under COSAMP's RTO licence. The business generated sales revenue of $0.84 million in FY20 and delivered EBITDA of $0.22 million.

The acquisition will take ReadCloud to over 500 school customers (+40%) and presents a significant cross-selling opportunity to both deliver VET music industry courses to ReadCloud’s existing 350+ school customers and introduce COSAMP’s 184 school customers to ReadCloud’s broader 43 course VET offering as well as its full-curriculum digital education platform.

The two vendors (and founders) of COSAMP and the other 4 employees will join the ReadCloud team to continue to grow the combined business.
The acquisition consideration for up to $1.45 million will be satisfied via a combination of cash and RCL shares



  Forum: By Share Code

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