asx:dcn

Dacian shares poised to play catch-up as countdown to ‘commercial production’ begins

Barry FitzGerald

Dacian missed the gold sector’s recent run – which means there is upside to be had as its production ramp-up gains pace. And Rio is still trying to lock-down more acreage in the red-hot Paterson Province, which may explain its ongoing refusal to shed light on its Winu copper ‘discovery’... Show More

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Dacian set for share price re-rating on production ramp-up and exploration success

Barry FitzGerald

The Rohan Williams-led miner is cranking up Australia’s newest gold mine, with production forecast to hit 180,000-210,000oz in FY19. And recent exploration results show it is likely to soon have a third source of ore for its plant. Plus, rising prices for battery metals boost Panoramic’s campaign to re-start Savannah.... Show More

New World Cobalt aims to meet battery makers’ demands for non-DRC supplies

Barry FitzGerald

With its foot now securely planted on three historic high-grade cobalt projects in North America, New World Cobalt is positioning itself to supply battery manufacturers with their key ingredient – while doing it as far away from the DRC as possible. Plus, Capricorn poised to be Australia’s next 100,000ozpa gold... Show More

Bells Gold Tracker: ASX-listed Gold Review

Bell Potter

The Bells Gold Tracker is a periodic update and review of ASX-listed gold equities and the gold market. We run through a current market theme, key company releases (including Substantial Holding Notices), a gold-producers’ comparison table, a gold equities performance “heat-map” and some key price and relative value charts. This... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170808

Mathan Somasundaram

Local market fell back into negative territory despite better commodity prices overnight. The local market has gone nowhere in the last 2 months…24 up days and 21 down days. US credit growth was weak and US credit card debt moved above pre GFC highs…patchy US consumer outlook gets another tick.... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170801

Mathan Somasundaram

Local market climbed out of US weak sentiment to deliver a positive day on the back of better commodities and China data. US data out tonight will deliver more clarity on the US Fed outlook while underwhelming US reporting season needs to maintain the pace to support the market multiples.... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170627

Mathan Somasundaram

Local market fell on the open before recovering to finish flat. Resources and Financials help to hold the market from profit taking in the big industrial sectors. The best performing sectors were Miners, Banks and Energy while the worst performers were Utilities, Staples and Health Care. On the sector/stock front….(1)... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170614

Mathan Somasundaram

Local market was once again up on global investor currency trade. Weaker USD is bad for Japanese Manufacturers and good for Aussie Banks. Even miners recovered on stable China data while beaten up retailers saw some love on value and on rate-cut hope after another weak consumer sentiment. The best... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170606

Mathan Somasundaram

Local market ran into another beating today and it looks very much like a global portfolio was in play all day. Everyone shared the pain with all sectors in the red except Gold. The trading day finished with big crossing to finish the big portfolio transition in all the big... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170605

Mathan Somasundaram

Local market was smacked down on the open and then stayed down with US growth and geopolitical risks. The morning trade looked like a global transition portfolio that hit all the main sectors before some recovery through the day with Banks leading the negative sentiment after BEN’s update. Local market... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170518

Mathan Somasundaram

Local market was smacked on US political woes leading to US fiscal reform delays. Market on stretched valuation was relying on optimism…now it ran into reality of the political risk. There should be no real surprises here…stretched market on too much optimism with very low level of risk priced in…reality... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170517

Mathan Somasundaram

Local market started weak and then sentiment nosedived as more details of the White House debacles filtered through the media and drove US futures lower. The big risk with US politics at this point is…anything could happen. Market hates uncertainty…and volatility indices are at historical lows…something should give and the... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170515

Mathan Somasundaram

Local market recovered from the opening fall before weak China data took the market down to finish flat for the day. The best performers were Telcos, Financials and Energy while Gold, Staples and Property were the worst performers. US/China deals…will get more Beef, Poultry, financial Services, Agri/Bio and Energy access... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170503

Mathan Somasundaram

Local market fell from the start before making a slight recovery to close for second consecutive negative day. ANZ result earlier this week turned the bank sector sentiment and the premium is unwinding. TPM downgrade in 2016 drove the reality check into high PE stocks…will the VOC downgrade be the... Show More