Robotics arms installing the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California.
Mason Trinca/The Washington Post via Getty Images
Tesla is courting its Chinese customers aggressively.
Besides price cuts, the EV giant says it's holding a lucky draw for customers.
The company says it will fly winners to the US, where they will tour its Fremont factory.
Tesla is pulling out all the stops when it comes to courting Chinese consumers.
The EV giant said in a Weibo post on Sunday that Chinese customers who take delivery of their Teslas between May 25 and June 30 will stand a chance to win a factory tour in Fremont, California.
According to the company's poster, Tesla will cover the winner's air tickets, transportation costs, and insurance. In addition to the trip, Tesla said its customers could also win 10,000 kilometers in free mileage on the company's Supercharger network.
Tesla customers in China could win a trip to the company's Fremont factory if they take delivery of their cars from May 25 to June 30.
Tesla said the winners would be chosen via a lucky draw but didn't specify how many would be picked.
Representatives for Tesla didn't immediately respond to a request for comment from BI sent outside regular business hours.
The company's shift toward aggressive promotional tactics comes as it struggles with slowing sales and heightened competition in the Chinese market.
EV makers hoping to conquer the lucrative Chinese market have been locked in a brutal price war over market share.
In March, Chinese automaker BYD launched a cheaper version of its Yuan Plus car. BYD priced the vehicle at 120,000 yuan, about 12% cheaper than its predecessor.
"Other cars change prices constantly and often by wide margins via dealer markups and manufacturer/dealer incentives," Tesla CEO Elon Musk said in an X post on April 21. "Tesla prices must change frequently in order to match production with demand."
People sit near a television showing file footage during a news report at a train station in Seoul on May 28, 2024, after North Korea said late Monday that the rocket carrying its "Malligyong-1-1" reconnaissance satellite exploded minutes after launch due to a suspected engine problem.
ANTHONY WALLACE/AFP via Getty Images
North Korea's latest spy satellite exploded midair, Pyongyang admitted on Monday.
Its state media reported that the problem was likely due to its new liquid oxygen and oil engine.
North Korea has repeatedly been trying to launch satellites in the last year, but almost all have failed.
North Korea said on Monday that its latest spy satellite launch failed, with its rocket exploding during the first stage of flight that evening.
State media Korean Central News Agency cited an unnamed vice director of the country's National Aerospace Technology Administration, who said preliminary analysis pointed to problems with the rocket's new engine.
The vice director said the mishap was caused by the "reliability of operation of the newly developed liquid oxygen and petroleum engine," per a translation by KCNA Watch, a US- and Seoul-based website that tracks North Korea's state media.
The space official said his team would investigate other possible reasons for the failure.
Pyongyang has attempted three other satellite launches in the last year, though two were confirmed to have failed. All were condemned by the US, Japan, and South Korea as provocations and are signs that North Korea has been able to circumvent sanctions to build its space program.
In November, North Korea successfully launched its Malligyong-1 satellite and claims it still functions in orbit.
Monday's failed launch was an attempt to put the Malligyong-1-1 in space.
Seoul said it detected fragments in North Korean waters about two minutes after the rocket was launched toward the Yellow Sea, national broadcaster KBS reported.
South Korean officials released a black-and-white video of the scuppered launch showing what appears to be a fireball in the sky. They said the footage was taken from an observation boat.
Japan also condemned the launch, saying it lodged a strong complaint to North Korea through its embassy in Beijing.
"A few minutes after launch, it disappeared over the Yellow Sea," Japanese Defense Minister Minoru Kihara said of the rocket. "Therefore, we presume that no object was launched into space."
Kihara added that North Korea has said it intends to launch three more satellites this year.
The US Indo-Pacific Command called the launch "a brazen violation of multiple unanimous UN Security Council resolutions, raises tensions, and risks destabilizing the security situation in the region and beyond."
It further warned that North Korea appeared to have launched the satellite using technology from its international ballistics missile programs.
North Korea is sanctioned by the US and its allies, with a focus on limiting its nuclear weapons and space programs. But South Korea has been warning that Pyongyang is still able to pull off satellite launches with Russia's help.
Analysts at Bell Potter think that Healthco Healthcare and Wellness REIT could be an ASX income share to buy. It is Australia’s largest diversified healthcare REIT with a portfolio including hospitals, aged care, childcare, government, life sciences, and primary care and wellness property assets.
The broker likes the company due its attractive valuation and exposure to a significant addressable market. It explains:
HCW has underperformed the REIT sector last 3 months (-10% vs. +22% XPJ) following bond yield reversion and is attractively priced at 20% discount to NTA (but only REIT to record flat to positive valuation movement at 1H24) with double digit 3 year EPS CAGR given high relative sector debt hedging and ability to grow its $1bn development pipeline via attractive YoC spread to marginal cost of debt. Longer term, HCW has significant scope for growth with an estimated $218 billion addressable market where an ageing and growing population should underpin long-term sector demand.
Bell Potter is forecasting dividends per share of 8 cents in FY 2024 and 8.3 cents in FY 2025. Based on its current share price of $1.15, this equates to yields of 7% and 7.2%, respectively.
The broker has a buy rating and $1.50 price target on its shares.
Over at Goldman Sachs, its analysts think that this insurance giant could be an ASX income share to buy.
It likes the company for a number of reasons. This includes its undemanding valuation. Goldman explains:
We are Buy-rated on QBE because 1) QBE has the strongest exposure to the commercial rate cycle. 2) QBE’s achieved rate increases continue to be strong & ahead of loss cost inflation. 3) North America on a pathway to improved profitability. 4) Valuation not demanding. 5) Strong ROE.
The broker expects this to support partially franked dividends of 62 US cents (93 Australian cents) per share in FY 2024 and then 63 US cents (95 Australian cents) per share in FY 2025. Based on its current share price of $17.84, this equates to yields of 5.2% and 5.3%, respectively.
Goldman has a buy rating and $20.90 price target on QBE’s shares.
Should you invest $1,000 in Healthco Healthcare And Wellness Reit right now?
Before you buy Healthco Healthcare And Wellness Reit shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Healthco Healthcare And Wellness Reit wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down 0.2% to 7,770.7 points.
Four ASX shares that are not letting that hold them back are listed below. Here’s why they are falling:
The Playside Studios share price is up 5.5% to 95 cents. Investors have been buying this game developer’s shares after it upgraded its guidance for FY 2024. Playside Studios now expects revenue of $63 million to $65 million and EBITDA of $16 million to $18 million. The company’s earnings guidance upgrade represents a 42% increase on the midpoint of its previous guidance of $11 million to $13 million and is a huge jump from a $1.7 million loss in FY 2023.
The Pro Medicus share price is up over 2% to $115.77. This morning, this health imaging company announced five new contracts with a combined minimum contract value of $45 million. Management advised that the contracts will be fully cloud deployed and are expected to be completed within the next 6 months. The good news is that there could be more contract wins on the way. CEO, Dr Sam Hupert, said: “Despite record new contract signings this year, our pipeline remains strong with a broad range of opportunities both in terms of size and market segments.”
The Strike Energy share price is up 8% to 22.2 cents. This follows news that the Walyering gas field development has reached payback (inclusive of royalties and production costs) only eight months after start-up. Management believes this demonstrates the value of Strike Energy’s high margin, low-cost conventional Perth Basin Jurassic portfolio. Total gross income received to date from the Walyering project is approximately $47 million. The company highlights that this “payback profile would be one of the fastest in recent history for a greenfield Australian oil and gas project and demonstrates the inherent value of Strike’s conventional gas play in the Jurassic aged Sandstones within the Cattamarra Coal Measures.”
The Winsome Resources share price is up over 4% to $1.29. Investors have been buying this lithium explorer’s shares following the release of a mineral resource estimate update for its flagship Adina Lithium Project in Canada. According to the release, the mineral resource has increased 33% to 77.9Mt at 1.15% Li2O. Management notes that this confirms Adina’s positioning as one of the largest undeveloped lithium deposits in the world.
Should you invest $1,000 in Playside Studios Limited right now?
Before you buy Playside Studios Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Playside Studios Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor James Mickleboro has positions in Pro Medicus. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pro Medicus. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
AMP Ltd (ASX: AMP) shares are lower amid new figures from the Australian Prudential Regulation Authority (APRA) showing an 18.1% surge in superannuation benefit payments over the past year.
AMP is one of Australia’s largest retail superannuation fund providers with $111 billion in assets under management (AUM) as of 30 June 2023. The largest provider is AustralianSuper with $300 billion AUM.
The AMP share price is currently $1.10, down 0.9% for the day and up 0.92% over the past 12 months.
There’s no news out of AMP today. Let’s take a look at these APRA numbers and the rising industrywide trend in higher outflows as more baby boomers enter retirement.
Superannuation outflows grow as more baby boomers retire
The APRA data shows greater growth in superannuation outflows than inflows over the 12 months to 31 March 2024.
This is despite an increase in the Superannuation Guarantee — the percentage of wages employers must pay into their workers’ superannuation funds — from 10.5% in FY23 to 11% from 1 July 2023.
In the year to 31 March 2024, $112.9 billion was paid out to superannuation holders, up 18.1% on the $95.6 billion paid out during the year to 31 March 2023.
Inflows in the year to March 2024 totalled $177 billion, up 11.3% on the year to March 2023.
Lump sums and pension payments rise
According to APRA, the bump in outflows represents increased lump sum and pension payments:
This increase was the result of lump sum payments rising by 18.4 per cent to $63.0 billion and pension payments increasing by 17.7 per cent to $49.8 billion.
A separate report by KPMG shows five of Australia’s 13 biggest retail superannuation funds managing assets valued above $50 billion recorded negative net cash flow ratios in FY23.
According to the Australian Financial Review (AFR) today, Mercer, Colonial First State, AMP, BT and Insignia Financial Ltd (ASX: IFL) had combined net outflows of $10.6 billion in FY23.
KPMG partner Linda Elkins told the AFR this represented the start of a “wave” of outflows coming for industry funds.
But she added that the point at which the retirement savings sector’s outflows would outweigh inflows was “not imminent”.
BT had the greatest negative cash flow ratio of the 13 major funds at -5%, followed by AMP at -2.6%.
Meantime, Hostplus, AustralianSuper and REST had the highest growth in cash flow ratios at more than 5% each.
Among the smaller superannuation funds, Hub24 Ltd (ASX: HUB) and Netwealth Group Ltd (ASX: NWL) recorded the highest net cash flow ratio growth at 26.7% and 15.1%, respectively.
AMP shares fell last month after the company released its first-quarter update in which CEO Alexis George noted improvements in the company’s superannuation and investments net cash outflows.
According to the KPMG report:
Insignia, AMP, CFS and Mercer have again experienced net outflows, however they have gained traction from FY22 and decreased the rate of net outflows.
This appears to have been achieved by stemming the flow of rollovers out and focusing on the core aspects of their offerings such as fees and performance.
More people investing in superannuation
The APRA data also shows that more people are voluntarily ploughing money into their superannuation.
Member contributions via salary-sacrificing arrangements or personal contributions totalled $43.7 billion over the year, up 8.2%. Employer contributions totalled $133.3 billion, up 12.4%.
Total superannuation assets in the year to March 2024 totalled $3,862.1 billion, up 11.3% on March 2023. APRA said this growth was due to continued strong contribution inflows and an average 10.9% return on investments.
A recent survey by Findex found that 24% of Australians consider superannuation the most important type of investment for building lifetime wealth.
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Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24 and Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Netwealth Group Ltd (ASX: NWL) share price has jumped over 50% in the past year, as shown on the chart below. The company has demonstrated its ability to deliver capital growth and dividend income.
The company provides a platform that enables financial intermediaries and clients to invest and manage a wide array of domestic and international products.
Netwealth’s offering includes non-custodial administration and reporting services, self-managed superannuation fund (SMSF) administration, managed funds, managed accounts, investor-directed portfolio services, and superannuation products.
The company has achieved earnings growth since it was listed in late 2017, which has enabled excellent dividend growth.
Growing dividends
Netwealth has grown its annual dividend every year since it first started paying one in 2018, which is a commendable record.
The 2023 financial year saw the annual payout increase by 20% to 24 cents per share. The FY23 annual dividend was around double the size of the FY19 payout of 12.1 cents per share.
Netwealth’s excellent dividend growth has continued in FY24, with the interim dividend hiked by 27% year over year.
The last two declared dividends come to 27 cents per share, translating to a fully franked dividend yield of 1.3% and a grossed-up dividend yield of 1.9%.
But we should consider other elements of the investment thesis, not just its dividend potential.
Strong operational performance and margins
Netwealth is delivering strongly on growing its core metrics.
The update for the three months to 31 March 2024 showed funds under administration (FUA) had reached $84.7 billion, an increase of $6.7 billion over the quarter. The FUA growth over 12 months was 28.5%.
It reported FUA inflows of $5.2 billion for the three months to March 2024, which was 40.7% higher than the prior corresponding period. The FUA net inflows for the quarter were $2.7 billion, up 62.2% year over year.
Netwealth also reported its funds under management (FUM) reached $19.7 billion at 31 March 2024, an increase of $1.6 billion for the quarter. FUM net inflows for the quarter were $0.6 billion.
This level of FUA and FUM growth can help drive the company’s earnings higher because it contributes to revenue growth. As a digital platform business, Netwealth can benefit from operating leverage, leading to profit rising faster than revenue.
The broker UBS currently rates Netwealth as a buy because of the “strong” quarterly FUA and inflow numbers. The broker has a price target of $22.50 on Netwealth shares, implying a possible rise of more than 10% over the next 12 months.
Should you invest $1,000 in Netwealth Group Limited right now?
Before you buy Netwealth Group Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Netwealth Group Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
Australia’s inflation rate has experienced notable fluctuations over the last couple of years. It has been significantly influenced by global disruptions such as the COVID-19 pandemic and geopolitical tensions. These factors, coupled with supply chain constraints and rising commodity prices, have escalated costs across various sectors. This poses a challenge for investors looking to maintain the real value of their portfolio returns.
Impact of inflation on real returns
Inflation erodes the purchasing power of money, directly impacting the real returns of investments. For investors in the stock market, this means that nominal gains can be offset by the rising cost of living, leading to diminished actual wealth accumulation. This underscores the importance of strategic investment choices that can outpace inflation and preserve capital.
Defensive share investment strategies
In response to inflationary pressures, one strategy is to focus on defensive stocks in sectors less sensitive to economic cycles. Think consumer staples and utilities. These sectors are considered defensive because they provide essential goods or services that remain in demand, regardless of economic conditions.
Companies like Coles Group Ltd (ASX: COL) and Woolworths Group Ltd (ASX: WOW) play a critical role in everyday life by providing necessary goods. Despite economic downturns, demand for products from these companies tends to remain stable, making them resilient investment choices during inflationary times.
Coles reported robust results for 3QFY24. Supermarket sales revenue was up 5.1% to $9,065 million. Woolworths has also demonstrated strong financial performance recently, with group sales up 2.8% over the same period to $16,800 million. Despite these results, both companies’ share prices fell on the day of the quarterly updates.
Both supermarkets have seen their earnings increase year on year since 2020, but their share prices have been heading in the opposite direction. The Coles share price is down 10% over the past year while the Woolworths share price is down 17%. Both companies, however, have the potential to bounce back speedily following corrections in the share price which could serve savvy investors well.
Utilities are another pillar of defensive investing. Companies like AGL Energy Limited (ASX: AGL) supply essential services like electricity and gas. Utilities are indispensable, which can provide a buffer against economic swings. AGL recently raised its earnings guidance for FY24, with net profit after tax (NPAT) expected to be between $760 million and $810 million, up from $680 million and $780 million.
The AGL share price is down 14% from its peak in July 2023 but has been trending upwards since February 2024, when it announced a quadrupling of interim profit.
Foolish takeaway
Investing in defensive stocks, such as those in the consumer staples and utilities sectors, can present a prudent approach to safeguarding your portfolio against inflation. These sectors offer the dual benefits of stability and consistent demand, which are crucial during times of economic uncertainty and rising prices.
By strategically incorporating such stocks, investors can protect their portfolios and possibly achieve real growth in value. This makes defensive share strategies essential to a well-rounded investment approach during inflationary periods.
Should you invest $1,000 in Agl Energy Limited right now?
Before you buy Agl Energy Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Agl Energy Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Katherine O’Brien has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Coles Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
ASX copper shares have risen strongly over the last few months. For example, since the start of 2024, the Sandfire Resources Ltd (ASX: SFR) share price has surged almost 30%, as can be seen below. Meanwhile, fellow ASX copper miner Aeris Resources Ltd (ASX: AIS) has seen its share price almost double in 2024 to date.
Various resources are required to decarbonise the world, including copper, lithium, nickel, cobalt, and rare earths. But arguably copper may be one of the most vital commodities on the path to a greener future because of its importance to electrification. Copper is essential for wind and solar renewable energy generation, energy storage, electricity transmission, and electric vehicles.
In fact, Rio Tinto Ltd (ASX: RIO) recently highlighted that just one 1MW wind turbine uses 3 tonnes of copper, while an electric vehicle uses four times more copper than a traditional vehicle.
Also according to Rio Tinto, global demand for copper is set to grow between 1.5% to 2.5% per year. This comes at a time when good copper deposits are becoming harder to find.
Those are the long-term dynamics, but with the copper price recently soaring to record highs of more than US$11,000 per tonne, is now the right time to invest?
Macquarie’s analysts increased their copper price forecast for the 2024 calendar year by 7% to US$9,671 per tonne and for the 2025 calendar year by 9% to US$9,575 per tonne. While those numbers are lower than this week’s record highs, according to Statista, they would still represent stronger prices than have been seen over most of the past decade.
So why is the investment banking giant still optimistic on copper? Per AFR, Macquarie believes that slower Chinese demand for copper due to a weak property sector will be partially offset by a boost in demand outside of China.
However, Macquarie expects a copper surplus in 2026, leading to a price forecast of US$8,500 per tonne for that year.
Of the diversified miners, AFR reported Macquarie’s preferred pick as South32 Ltd (ASX: S32) while from a copper pure-play perspective, the broker favours Sandfire.
More positivity on Sandfire shares
Macquarie isn’t the only top broker that likes Sandfire for the longer term
AFRalso reported broker Wilsons likes the ASX copper share after visiting its Botswana operations, but remains cautious about the recent strength of the copper price. Wilsons forecasts that in FY25, Sandfire can generate revenue of US$1.14 billion and earnings before interest, tax, depreciation and amortisation (EBITDA) of US$332.5 million.
Wilsons said:
We stress that we are positively predisposed toward Sandfire (and to structurally strong copper markets over the medium/longer term), but at this stage downgrade our rating to market weight, given our view that copper prices might give up some recent gains in the near term.
Wilsons has a price target of $9.90 on Sandfire shares, suggesting possible upside of 4.1% over the current share price in the next year.
Should you invest $1,000 in Rio Tinto Limited right now?
Before you buy Rio Tinto Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Rio Tinto Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
When directors, officers, or executives purchase shares in their own companies, it can send a powerful message about the business’s underlying health and future prospects. Insider buying can serve as a grassroots indicator of potential, sometimes preceding positive developments that lead to stock price appreciation. For investors, these moves offer a hint to look beyond the noise of the market and consider where insiders are putting their own money.
Recently, insiders at four S&P/ASX 200 Index (ASX: XJO) companies â ALS Ltd (ASX: ALQ), Super Retail Group Ltd (ASX: SUL), Sonic Healthcare Ltd (ASX: SHL), and Gold Road Resources Ltd (ASX: GOR) â have made notable purchases, suggesting value that others may have overlooked.
ALS
ALS is a global testing, inspection, and certification company. It delivered its FY24 results last week, recording a 6.8% increase in revenue and a final dividend of 19.6 cents. The company has undertaken eight acquisitions over the past 12 months which are expected to add $152 million to revenue on a full year basis. It is targeting mid single digit organic revenue growth in FY25.
Super Retail Group
Super Retail Group is a leading retailer specialising in auto, outdoor, and sports products in Australia. The company operates through several well-known retail brands including Supercheap Auto, BCF, and Rebel. Despite current inflation and interest rate challenges, the retailer managed to record total sales growth of 2% for the first 43 weeks of FY24. It expects to open 27 stores total in FY 24 and close 4 stores.
Sonic Healthcare
Sonic Healthcare is a global company providing laboratory medicine/pathology and radiology services across multiple countries. In its most recent earnings update Sonic Healthcare reported strong organic revenue growth with earnings before interest tax depreciation and amortisation (EBITDA) forecast to be approximately $1.6 billion in FY24. Inflationary pressures are weighing on profit growth; however, the company is set to reap the benefits of FY24’s investments in the form of synergies and enhanced returns from FY25 onward.
Gold Road Resources
Gold Road Resources is an Australian gold production and exploration company primarily focused on the Gruyere Gold Mine, one of Australia’s largest and lowest-cost gold mining operations. The company produced 64,323 ounces of gold in the March quarter with production sold at a strong spot gold price of $3,137 an ounce. Analysts have recently revised forecast gold prices upwards driven by expectations of Federal Reserve rate cuts and a weakening US dollar.
Foolish takeawayÂ
Insider buying can not only strengthen investor confidence but also provide a compelling narrative about latent value in ASX-listed companies. When company leaders invest their own money into their operations, it can be a strong endorsement of the business’ current health and future prospects. Whether it’s ALS’s strategic acquisitions poised to boost revenue, Super Retail Group’s expansion despite economic headwinds, Sonic Healthcare’s robust growth trajectory, or Gold Road Resources capitalising on favourable gold prices, these insider purchases signal a bullish outlook for these ASX 200 shares.
Should you invest $1,000 in Als Limited right now?
Before you buy Als Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Als Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Katherine O’Brien has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Sonic Healthcare. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
Google launched Google Alerts over 20 years ago to monitor new mentions of specific search terms.
FreshSplash/Getty Images
Google Alerts monitors the internet for new mentions of search terms you're trying to target.
You can set up a Google Alert for any search term, and customize or delete it anytime.
Google Alerts can be delivered to you immediately, or at specific times of the day or week.
When you want the latest updates on a trending news story, to know who won the game you couldn't missed live, or see what new shows are dropping onto Netflix this week, chances are that you turn to a Google search.
But what if you didn't even have to spend time searching because Google had already sent the exact information you wanted right to your inbox?
Google Alerts proactively searches the web for specific terms you've selected and delivers relevant content to you as often as you'd like, be it once a day, once a week, or just as soon as that search term pops up in a new article, blog post, or in the description of some new video content.
Google launched Google Alerts in 2003 after one of the company's first engineers, Naga Kataru, brought the idea directly to Google's founders. The very first keywords used to test the alerts were "Google" and "Larry Page."
Though Google Alerts is still around more than two decades later, the software has drawn criticism from users over time. Users have said the alerts are too limited, inaccurate, or irrelevant. Dozens of media monitoring companies, such as Awari, Meltwater, Talkwalker, Muck Rack, Cision, and Prowly, have cropped up in the last decade to offer alternatives to Google Alerts.
One advantage of Google Alerts, however, is that it's completely free to use. And while brands and high-profile figures may need a more sophisticated software to monitor their media mentions, Google Alerts can work just fine for the average everyday user.
Here's how to set up, customize, and delete a Google Alert.
How to set up Google Alerts
To set up a Google Alert, first make sure you are logged into your Google account, then navigate to the Google Alerts page, which is simply www.google.com/alerts.
1. Type the search term you want to follow into the bar reading "Create an alert about…" and search for it. For instance, if you're interested in news about job cuts in the tech industry, you might want to create an alert about "Google layoffs."
2. Click the blue box that reads "Create Alert."
Google Alerts get delivered right to your email inbox.
Michelle Mark/Business Insider
That's it! You just created a Google alert. You can access and edit your alerts from the Google Alerts homepage or via the alerts Google sends to your email inbox.
Though Google Alerts doesn't have its own dedicated app, you can still set up alerts for yourself on your iPhone or other smartphone. Simply visit the Google Alerts page using your phone's browser and follow the above steps.
If you're expecting to pop up in the news anytime soon, you might want to consider setting up a Google Alert for your own name. And though there's no way to find out if anyone in particular is Googling you, you can always run a search for your name on Google Trends to see if there's any significant search interest.
But even when you've set up all your Google Alerts, your work isn't quite done. By default, Google will send you updates about your alert (or alerts) once every day. If you'd like your alerts to be sent more or less often, here's how you'll do it.
How to customize Google Alerts
Go to the Alerts page and find the Google Alert you want to customize.
1. Click on the pencil icon to the right of the alert to open its settings.
2. On the next page, you can set how often you get alerts, what language they need to be in, from what region they are sourced (you can geo-fence to a specific country or from "Any Region"), what sources you want your alerts to come from (news, blogs, and web, e.g.), and more.
You can decide how often you want to receive Google Alerts.
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3. Hit the blue "Update alert" box.
If you want all your alerts delivered at a specific time, hit the gear icon to the right of "My alerts" and choose a delivery time. You can limit your alert updates to once daily or even once weekly.
You can also ask that Google send all your alert updates in a single email rather than sending each one individually.
How to delete a Google Alert
Deleting a Google alert is even simpler than creating one.
1. Go to your Google Alerts page.
2. Locate the trash can icon to the right of the alert you want to delete and click it.
You can edit or delete Google Alerts right from the alerts homepage.
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That's that — the alert is gone. A taskbar at the top of the page will pop up reading "Your alert on 'Google layoffs' has been deleted" and giving you the option to "Undo" that action or "Dismiss" the alert, which permanently deletes it, as does simply closing the Google Alerts page.
