ASX:PLS

Lepidico lures investors into a new galaxy where lithium is free

Barry FitzGerald
Barry FitzGerald Independent Journalist

A world where lithium is produced for free sounds too good to be true. But lithium producer Galaxy doesn’t think so. It has just taken a 12% stake in lithium technology developer Lepidico. Is this a marriage made in Heaven? Plus, our predictions of Echo’s re-rating are now reverberating. Show More

Pilbara charging up to become a battery-powered cash machine

Barry FitzGerald
Barry FitzGerald Independent Journalist

With first production now just seven months away, there remains a huge disconnect between the emerging lithium producer’s market cap and its impending cashflow – but how long can it last? Plus, Rumble Resources joins the red-hot zinc sector Show More

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CEO Insights from Ian Narev, John Borghetti and Nick Scali

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC

“It’s in their [The Telco’s] interest to just flick people to the low speed plans as the lower access charge makes a higher margin for them” Nicholas Demos, CEO, MyRepublic. Below are quotes from the week which in our view detail some of the most important and prominent industry trends... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170731

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market bounced back after Friday’s bashing. Started positive before investors took profit in the last few hours. European markets were negative while US and Asian markets were directionless. China data was stable without being special while local housing data was weak and private credit data was solid. July count... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170707

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market ran into a global selloff with investors worried about bond market worries. Apart from the miners, every other sector saw pain after similar selloff in the US market overnight. NASDAQ showing more weakness…already below 50 day MA and heading towards 100 day MA…last time it broke 50 day... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170706

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market was aimless and flip flopped with US futures all day to finish mainly flat. Currency, Commodity and global sentiment remains weak. The historical trend suggests were likely to remain in this up and down trading days till the last week of July. The best performing sectors were IT,... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170620

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market finished negative with Asian markets as the bank ratings downgrade hit home despite positive US markets. The best performing sectors were Retail, Information Technology and Materials while the worst performers were Gold, Property Trusts and Energy. AUDUSD fell below 76 cents on bank downgrade but weaker USD has... Show More

Kairos Minerals – Drilling for Gold

Mark Gordon
Mark Gordon Independent Investment Research

Kairos Minerals has recently commenced a 6,500m aircore drilling programme at its Roe Hills Gold/Nickel Project, following up on very promising results from an initial reconnaissance programme that intersected broad zones of near surface gold mineralisation. Roe Hills is located over the under-explored southern portion of the Kurnalpi Greenstone Terrane... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170613

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market bounced hard as global investors jumped on our banks on the currency bet going into US Fed meeting. The market is worried that US Fiscal delays and patchy economic data to drive a downgrade in US Fed outlook and bring down the USD. AUDUSD likely stay strong on... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170522

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market jumped up on the global optimism and then faded slightly through the day. The best performers were Energy, Metals & Mining and Gold while Health Care, Staples and Retail were the worst performers. Since the start of Q2, we have had every trading Monday as a positive day... Show More

Glencore backs the EV revolution

Barry FitzGerald
Barry FitzGerald Independent Journalist

Glencore’s CEO focused squarely on copper, cobalt, lithium and nickel at a recent Bank of America Merrill Lynch presentation; Citigroup publishes a report backing the same thematic and local players Galaxy and Pilbara; and new study gets gold junior Egan St a valuation twice its current price. Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170518

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

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
Mathan Somasundaram Blue Ocean Equities

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 20170516

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market finished positive after a volatile day with positive global overnight sentiment with Oil bounce. The best performers were Industrials, Metals & Miners and Retail while Banks, Gold and Utilities were the worst performers. NAB and MQG traded ex div today….WBC goes ex div on Thursday. Oil... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170512

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market fell from the start with weak sentiment before making a slight recovery in the back end of the day. US retail data and US CPI data will set the tone for next week…BOE was playing safe while data continues to improve in EU…China is spruiking the “Silk Road”... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170509

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market fell on the open on weaker commodities before recovering and then running into bank tax rumours taking it down again. Commodities remain weak…China hasn’t turned the corner…value has returned to the sector but the momentum remains weak. Banks have moved from reporting to ex div period…not... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170508

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market popped on the open with better global sentiment post French election before pulling back on the reality of weaker commodities and do-nothing budget. Commodities were stable for a change after a week of bashing…but China hasn’t turned the corner…value has returned to the sector but the momentum remains... Show More

Executive Series - Pilbara Minerals (PLS) CEO & Managing Director, Ken Brinsden

CommSec
CommSec Online Stockbroker

CommSec's Tom Piotrowski speaks with Pilbara Minerals (PLS) CEO & Managing Director, Ken Brinsden about the progress of its Pilgangoora Lithium-Tantalum project in WA and plans to ramp up production from 1Q 2018. Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170504

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market fell after starting positive and then made a slight recovery to deliver third consecutive negative day. Commodities were smacked overnight and that meant resource sector was always going to be under pressure. Banks started positive on NAB result but then faded into negative territory as market worried about... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170502

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market fell from the start after weak ANZ market update before making a recovery in the back end of the trading day to close flat. Property, Energy and Staples were the outperformers while Gold, Banks and IT were the underperformers. RBA meeting showed inflation back into band….rising food prices... Show More