The Bull

Friday 28

April, 2017 6:24 PM



TheBull PREMIUM

  • 18
  • Share
  • Tips

18 Share Tips

18 Share Tips

By Anthony Black 17.10.2016



Janine Cox, Wealth Within

BUY RECOMMENDATIONS
 
Coca-Cola Amatil (CCL)
Chart: Share price over the year

In recent months, the tide has turned for CCL shares. The trend is up and the share price recently broke through psychological resistance at around $10 and is now pulling back to test support for a further rise. A strong close back above $10 would be a good sign the market continues to support the vision of CCL’s chief executive Alison Watkins. The shares closed at $9.88 on October 13.
 
Karoon Gas Australia (KAR)
Chart: Share price over the year

This is a highly speculative stock to trade. Big price fluctuations in a single week are normal, so trading requires a high level of skill. The share price has gapped up on news about a possible deal with Woodside Petroleum involving two overseas oil fields. If not already in a trade, as it broke above $1.45, a second entry opportunity may soon present. Stay tuned. The shares finished at $1.775 on October 13.
 
HOLD RECOMMENDATIONS
 
Harvey Norman Holdings (HVN)
Chart: Share price over the year

This year, the retail giant broke through an important level of resistance at around $5 and is trading in a long term uptrend. In the short term, the price may come back to a support level. HVN is likely to build momentum towards the festive season, with a further rise to between $6 and $6.30. The shares closed at $5.12 on October 13.
 
Monadelphous Group (MND)
Chart: Share price over the year

This engineering group rose from $7.50 on July 1 to $11.92 on August 9. It then fell to $8.35 on September 1 before recovering part of the decline. This illustrates the importance of being able to read price history and understanding the inner workings of a stock. The shares finished at $9.82 on October 13.
 
SELL RECOMMENDATIONS
 
Sydney Airport (SYD)
Chart: Share price over the year

In the past two months, SYD has provided several technical exits on the weekly chart. If it remains below $6.60 this month, it will have broken the angle of the longer term trend line. The best time to be in this share may have passed for now. We believe it would be reasonable to expect a fall to between $5.70 and $6.10. Consider taking some profits. The shares closed at $6.58 on October 13.
 
Virtus Health (VRT)
Chart: Share price over the year

VRT broke up through an important level at around $8 in August before slipping back to recently close below an important level at $7.55. This may be a good time to take some profit off the table and leave this stock on the watch list for a future opportunity. The shares finished at $7.29 on October 13.


Michael Gable, Fairmont Equities

BUY RECOMMENDATIONS

Vocus Communications (VOC)
Chart: Share price over the year

We’ve been positive about VOC for several weeks, but hesitant about buying while it was falling. Given the valuation is now attractive and hitting our technical targets in the mid $5 levels, we’re happy to start buying VOC. Despite short term volatility, we’re taking a medium to longer term view that it will be trading much higher than at current levels. The shares were trading at $5.67 on October 13.

IPH Limited (IPH)
Chart: Share price over the year

IPH is the holding company for intellectual property and associated companies. It offers a wide range of IP services and products. We've been watching IPH for a few months now. We like the company fundamentals, but there had been shorter term weakness on the chart. However, the past few weeks look bullish and indicate a possible reversal is taking place. We’re happy to be buying IPH now. We would look to exit if IPH took out the September low. 

HOLD RECOMMENDATIONS

Tassal Group (TGR)
Chart: Share price over the year

The salmon producer was sold off earlier this year. It’s tried to rally, but is finding a lot of resistance near the 50 per cent retracement mark around $4.30. The chart is neutral at this point. Clearing $4.30 would be positive, but we can see a possible re-test of the $3.50 support level. We’re waiting for one of these scenarios to play out before buying any more. The shares were trading at $3.96 on October 13. 

Beach Energy (BPT)
Chart: Share price over the year

The price action is bullish. We can see a clear flag formation on the chart. A break above this flag means that BPT could rally above 90 cents. The shares were trading at 75 cents on October 13. 

SELL RECOMMENDATIONS

JB Hi-Fi (JBH)
Chart: Share price over the year

JBH is starting to look negative on the chart. It shot up nicely on news of The Good Guys acquisition, but since then the market has been unsure about what to do next. The weekly chart shows any move above $30 is met with selling. It may not fall immediately, but we expect a period of consolidation. The $22 mark seems to be a good level for this consumer electronics giant. We expect it to fall back towards that level before heading higher from here. The shares were trading at $28.56 on October 13. 

Telstra (TLS)
Chart: Share price over the year

For the past two months, we viewed the price action as a large five wave decline with a target below $5. It hit our initial target, but the potential unwinding of the yield trade has made us re-assess our TLS targets. We see TLS possibly falling even further towards $4.50. The shares were trading at $5.07 on October 13.


Jonathon Howe, Red Leaf Securities

BUY RECOMMENDATIONS

Australian Pharmaceutical Industries (API)
Chart: Share price over the year

Operates more than 400 Priceline stores throughout Australia. The company has significantly reduced debt in the past 12 months. API reports full year results on October 20. We’re expecting net profit after tax of about $51 million. We’re accumulating.

4DS Memory (4DS) 
Chart: Share price over the year

Although extremely speculative, this micro cap is developing a new way data is stored via ReRam – in contrast to traditional flash drive storage – for the multi billion dollar information technology market. The company has a strategic partnership with Western Digital, a major player in the memory space. The pair have been researching and developing the technology for the past 10 years. If 4DS can deliver on its objectives, it will be a game changer.

HOLD RECOMMENDATIONS

Telstra (TLS)
Chart: Share price over the year

Telstra continues to be a large sleepy giant with plenty of cash and consistent dividends. TLS is always a solid addition to any portfolio. We continue to hold.

OneVue Holdings (OVH)
Chart: Share price over the year

OneVue is developing a platform called FUND.eXchange. It will enable retail investors to electronically buy and sell managed funds. The company also has a funds under administration business of almost $3.5 billion.
I own shares in OVH.

SELL RECOMMENDATIONS

BHP Billiton (BHP)
Chart: Share price over the year

The global miner’s shares have been on the rise. An opportunity exists for investors to bank some profits and potentially buy back on a pull back.

JB Hi-Fi (JBH)
Chart: Share price over the year

This electronics giant has enjoyed an extremely good run since the demise of Dick Smith. We believe the stock price is starting to show slim value at current levels. Take some profits at these levels. The shares were trading at $28.38 on October 13.
 

Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions. 


FROM THE NEWSLETTER

The trade-offs for independence in retirement

Most families have significant discretion... More

Where are all the jobs?

The RBA is basically freaking out about the... More

Australian governments are treading lightly around Airbnb

Australia, and particularly Sydney, are gripped... More

Investor Signposts: Week Beginning April 24 2017

Inflation dominates the coming schedule of... More



WHAT’S ON THIS WEEK

week 28 April 2017
    • 24
    • CoreLogic Capital city house prices | 8:30 AM
    • 25
    • 26
    • ABS Consumer price index | 8:30 AM
    • 27
    • ABS Trade price index | 8:30 AM
    • 28
    • ABS Producer price index | 8:30 AM

TheBull.com.au

TheBull.com.au

TheBull PREMIUM article search



Markets
Index: Points Change Percent

Featured Comment

My interest is the trend of growth in luxury car sales and Autosports potential to consolidate a fragmented industry and drive faster earnings growth.

Autosports Group hits the accelerator

Broker buys

  • ASX Code
  • Company
  • Broker
  • SEASundance EnergyMorgans
  • ASHAshley Services GroupMorgans
  • DDRDicker DataWise-owl.com
  • GAPGale PacificWise-owl.com
  • AYSAmaysimKOSEC
  • ALUAltiumKOSEC

Broker sells

  • ASX Code
  • Company
  • Broker
  • DMPDomino`s PizzaMorgans
  • MTOMotorCycle HoldingsMorgans
  • MWRMGM WirelessWise-owl.com
  • HFRHighfield ResourcesWise-owl.com
  • MYRMyerKOSEC
  • EPWERM PowerKOSEC

Central Banks Rates

  • RBA1.50%
  • FED0.50%
  • BOE0.25%
  • BOC0.50%
  • RBNZ2.00%
  • ECB0.00%
  • SNB-0.75%
  • BOJ-0.10%

Upcoming dividends

  • ASX Code
  • Company, Div., Franking
  • Ex-Div.

Eight brokers like these stocks

  • ASX Code
  • Company Name
  • Consensus Target

Upcoming Floats

  • ASX Code
  • Company Name
  • Float Date

PLEASE SUPPORT OUR SPONSORS, AUSTRALIA'S LEADING BROKERS:



© Copyright The Compare Group Pty Ltd. All rights reserved.