The Appen Ltd (ASX: APX) share price has been well and truly stuck in the doldrums for a while now. Appen shares are, today, down a nasty 3.24% at $2.69 each at the time of writing. That puts this ASX artificial intelligence share down a painful 75.8% year to date in 2022 alone.

The company is also down a depressing 93% or so from the all-time highs of over $40 a share that we saw back in 2020.

But could Appen shares be about to start climbing back up? Or are there still new lows for the company to plumb?

Well, John Athanasiou of Red Leaf Securities thinks it’s the former. Speaking to The Bull this week, Athanasiou has named Appen as one of the ASX shares he’s rating as a buy.

Why is this ASX expert rating the Appen share price as a buy?

Athanasiou notes that Appen shares have suffered a precipitous fall over the past year or two. But he thinks that the company is primed for a turnaround. Here’s some more of what he said on the Appen share price:

The company expects fiscal year 2022 revenue to range between $US375 million and $US395 million. We expect the share price to improve as money flows back to the domestic technology sector.

There’s been corporate activity in the domestic technology sector, as a weaker Australian dollar makes companies more attractive to international private equity firms. APX, at this price, could be a target.

So Athanasiou not only thinks Appen’s fundamentals are looking promising. But he also seems to be predicting that Appen could be a takeover target.

Appen is certainly looking cheap today compared to the market valuations it has enjoyed in the past. So we’ll have to see if this interesting prediction turns out to have any legs.

Regardless, no doubt long-suffering Appen shareholders will be buoyed by this bullish commentary.

In the meantime, the current Appen share price gives this ASX artificial intelligence share a market capitalisation of $343.2 million, with a price-to-earnings (P/E) ratio of 19.34.

The post Is the Appen share price on the way back up? appeared first on The Motley Fool Australia.

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More reading

• It’s about time you buy this ASX tech share that’s beaten down 75% this year: expert
• Down 75% in 2022, is it time for investors to give up the ghost on this ASX 300 tech share?
• Why is the Appen share price storming higher today?
• Could this imply light at the end of the tunnel for Appen shares?
• Appen share price sinks to another multi-year low despite new recruits

Motley Fool contributor Sebastian Bowen 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 Appen Ltd. 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.

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It’s a great day for the ASX copper share GreenX Metals Ltd (ASX: GRX) with its value skyrocketing on Wednesday.

GreenX Metals is engaged in the exploration and development of critical minerals resources projects. Its biggest focus is the Arctic Rift Copper (ARC) Project in Greenland.

The GreenX Metals share price is currently 49 cents, up 31% on yesterday’s close.

But in earlier trading, the ASX copper share hit an intraday and 52-week high of 55 cents, up 48.6%.

Why is this ASX copper share on fire today?

It’s not what happened today but what happened yesterday that is likely pushing GreenX Metals higher.

The company announced the completion of its arbitration hearing regarding its claims against the Republic of Poland.

It’s now a matter of waiting for the Arbitral Tribunal to render a decision in the case.

What’s the legal case against Poland all about?

GreenX Metals is seeking damages of up to $1.3 billion in lost profits and damages arising from government actions that prevented the company from developing its Jan Karski and Debiensko projects.

According to GreenX Metals:

GreenX’s dispute alleges that the Republic of Poland has breached its obligations under the
applicable Treaties through its actions to block the development of the Company’s Jan Karski
and Debiensko projects in Poland which effectively deprived GreenX of the entire value of its
investments in Poland.

GreenX’s investment dispute with the Republic of Poland is not unique, with international
media widely reporting that the political environment and investment climate in Poland has
deteriorated since the change in Government in 2015. As a result, there are a significant
number of International Arbitration claims being bought against Poland.

GreenX Metals has made the claims under the Energy Charter Treaty (ECT) and the Australia-Poland Bilateral Investment Treaty (BIT).

GreenX Metals share price snapshot

With a market capitalisation of $94 million, GreenX Metals is a micro-cap among the ASX copper shares.

The GreenX Metals share price is up 111% in 2022. The company is part of the S&P/ASX 200 Materials Index (ASX: XMJ) which is up 3.5% this year.

This compares to a 6% dip in the S&P/ASX All Ordinaries Index (ASX: XAO) over the same period.

According to its website, GreenX Metals says: “Simply, there is no decarbonisation without copper …”.

The post Guess which ASX copper share is rocketing 49% on Wednesday? appeared first on The Motley Fool Australia.

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• 3 ASX mining shares leaping over 20% on Wednesday

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 no position in any of the stocks mentioned. 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.

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The BHP Group Ltd (ASX: BHP) share price is on course to end the month on a positive note.

In afternoon trade, the mining giant’s shares are up almost 2% to $45.62.

This latest gain means the BHP share price is now up an impressive 22% since the start of the November.

This compares to a solid gain of 5.9% by the ASX 200 index.

Why is the BHP share price smashing the market this month?

There have been a couple of key catalysts for the rise in the BHP share price this month.

The first is the iron ore price. On Tuesday, the iron ore price returned above the US$100 per tonne mark again thanks to optimism over Chinese demand. This follows speculation that COVID restrictions could soon ease and news that the government is ramping up support for struggling property developers.

This is quite a turnaround for the iron ore price, which started the month at just US$81 per tonne. This is a 23% increase in value, which is broadly in line with how much BHP’s shares have gained over the same period.

And that isn’t a huge surprise that its shares have risen because of this. That’s because iron ore still contributes significantly to BHP’s overall earnings. For example, in FY 2022, iron ore EBITDA came in at US$21,707 million. This represents 53.4% of its total underlying EBITDA of US$40,634 million.

What else?

Also giving the BHP share price a boost was a positive update on its pursuit of OZ Minerals Ltd (ASX: OZL).

In the middle of the month, the Big Australian revealed that the copper miner’s board had accepted a takeover offer of $28.25 cash per share.

The “best and final” non-binding offer was increased from the original $25.00 per share offer made back in August and represents a 49.3% premium to where OZ Mineral’s shares were trading prior to the initial proposal.

BHP explained that it sees OZ Minerals as a great way to increase its exposure to future facing commodities. It also believes the combination of their operations will unlock value.

BHP’s CEO, Mike Henry, explained:

BHP’s proposal represents a highly compelling offer for OZL shareholders, providing certainty at a time of macroeconomic uncertainty and market volatility, and increasing risks for the industry. The combination of BHP and OZL’s assets, skills and technical expertise provides a unique opportunity not available under separate ownership, with complementary resources including the Oak Dam exploration prospect and existing facilities within close proximity, backed by BHP’s strong balance sheet, capital discipline and commitment to sustainable development.

Here’s hoping December is just as kind to the BHP share price.

The post Why is the BHP share price smashing the market with a 22% gain in November? appeared first on The Motley Fool Australia.

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• Is a stock market crash coming for us in 2023?
• The 10 ASX 200 shares responsible for 60% of all Aussie dividends last quarter
• Ainsworth Game Tech, BHP, Fisher & Paykel, and Leo Lithium shares are charging higher
• Here’s what’s boosting these ASX 200 mining giants today
• Mike Henry has sold $650k of BHP shares in the past week. What’s going on?

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 no position in any of the stocks mentioned. 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.

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After a shaky start this morning, the S&P/ASX 200 Index (ASX: XJO) is once again powering higher so far this Wednesday. At the time of writing, the ASX 200 has gained a healthy 0.32%, putting the index above 7,270 points. But ASX 200 coal shares are burning even brighter than that.

Take the Whitehaven Coal Ltd (ASX: WHC) share price. Whitehaven shares have rocketed higher so far this Wednesday. This ASX 200 coal share has gained an impressive 8.75% at the time of writing, up to $10.07 a share.

The gains are extending to New Hope Corporation Limited (ASX: NHC) shares too. New Hope is up a still-impressive 6.01% at present at $5.905 a share.

So what’s going on in this sector today that has seen such market-smashing gains?

Why are ASX 200 coal shares lighting up the share market today?

Well, it could be a few things. Firstly, coal prices themselves. Earlier this month, coal was asking for around US$325 per tonne. Last week, it was commanding a price of US$355. As of yesterday, it was up to US$387.40.

Such dramatic price rises for Whitehaven and New Hope’s primary breadwinner were always going to whip up investors’ excitement.

So that’s one very plausible reason why coal shares are shooting the lights out today. But we’ve also seen some love from ASX brokers recently too.

As my Fool colleague James reported today, ASX broker Morgans has recently come out with an add rating on Whitehaven shares. That came with a 12-month share price target of $11.20. That would imply a further upside from today’s prices of just over 11%.

Here’s what the broker had to say on its add rating:

For investors, we see strong potential for a prolonged energy market dislocation where supply security commands a higher premium for longer. WHC is trading on a +30% free cash flow yield, with clear upside earnings/valuation risk, supporting further outsized shareholder returns over time.

So it’s perhaps no wonder that investors are fighting over themselves to get a hold of ASX 200 coal shares like Whitehaven and New Hope today.

The post Why are ASX 200 coal shares burning brighter on Wednesday? appeared first on The Motley Fool Australia.

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• Why did Telstra have a mediocre performance in November?
• Is a stock market crash coming for us in 2023?
• ASX 200 lifts on lower-than-forecast inflation data
• Woolworths shares: To buy or not to buy?
• Why is the Whitehaven share price surging 7% on Wednesday?

Motley Fool contributor Sebastian Bowen 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 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.

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Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.

Three ASX shares brokers have named as buys this week are listed below. Here’s why they are bullish on them:

Collins Foods Ltd (ASX: CKF)

According to a note out of Morgans, its analysts have retained their add rating but slashed their price target on this quick service restaurant operator’s shares to $9.50. This follows the release of the company’s half year result on Tuesday. While the broker wasn’t overly surprised by its first half performance, it was by the suggestion that Collins Foods’ margins may not recover in the second half as previously expected. Nevertheless, with its shares crashing following the release, the broker believes all this and more is now factored into its valuation. The Collins Foods share price is trading at $7.78 this afternoon.

Life360 Inc (ASX: 360)

A note out of Bell Potter reveals that its analysts have retained their buy rating and $9.00 price target on this location technology company’s shares. This follows the recent completion of a capital raising. Bell Potter doesn’t believe these funds will be used for increased investments. Instead, it feels the funds are there to provide a buffer so that its cash balance does not drop below US$50 million before it starts generating positive free cash flow in Q3 or Q4 of next year. Outside this, Bell Potter continues to believe that Life360 will deliver on its guidance in FY 2022. The Life360 share price is fetching $6.29 on Wednesday.

Wesfarmers Ltd (ASX: WES)

Analysts at UBS have retained their buy rating on this conglomerate’s shares with an improved price target of $56.00. According to the note, the broker continues to believe that Wesfarmers’ retail businesses are well-placed in the current environment due to their value offering. In fact, it suspects the company’s Bunnings and Kmart businesses could increase their market share. The Wesfarmers share price is trading at $48.66 today.

The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

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• Why I’m buying ASX shares in this once-in-a-lifetime market to try and retire early
• 5 things to watch on the ASX 200 on Wednesday
• The 10 ASX 200 shares responsible for 60% of all Aussie dividends last quarter
• Why Bubs, City Chic, Collins Foods, and Queensland Pacific Metals are sinking today
• Here’s why this ASX 200 share is crashing 17% today

Motley Fool contributor James Mickleboro has positions in Collins Foods Limited and Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Collins Foods Limited and Life360, Inc. The Motley Fool Australia has positions in and has recommended Wesfarmers Limited. The Motley Fool Australia has recommended Collins Foods Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’d like a rundown of the ASX’s best-performing exchange-traded funds (ETFs) over November, you’ve come to the right place. While November isn’t over yet, we are sitting on its last day today, and are halfway through its last ASX trading session.

Thus, it’s a good time to start having a look back at the month that is just about to pass us by and see what kinds of investments were making hay.

So without further ado, here are the ASX’s three top-performing ETFs of November as they currently stand. See if you can spot a theme.

Here are the top 3 ASX ETFs of November

iShares Asia 50 ETF (ASX: IAA)

Our first ETF today is one from provider iShares. It covers the largest 50 companies listed across multiple Asian countries, including China, Kong Kong, Macau, Singapore, South Kora and Taiwan. Its largest holdings include Taiwan Semiconductor Manufacturing Company, Samsung Electronics, Hyundai and Baidu.

The iShares Asia 50 ETF has had a stellar month over November. It started the month at a unit price of $72.04. But at the time of writing, it is commanding a price of $83.60. That’s a gain worth just over 16%.

BetaShares Asian Technology Tigers ETF (ASX: ASIA)

The BetaShares Asian Tigers ETF is next up. Here we have an ETF that is similar in nature and coverage to the iShares Asia 50 fund, but with a portfolio more concentrated towards tech shares.

We also have holdings like Samsung and Taiwan Semiconductor Manufacturing Co in the top portfolio spots. But more dominant are Chinese tech names like Alibaba, Tencent Holdings and Pinduoduo.

The Asian Tigers ETF began November at a price of $5.68 per unit. But today, those same units are asking $6.72 each. That’s a gain worth 18.3% for the month as it currently stands.

iShares China Large-Cap ETF (ASX: IZZ)

This ETF from iShares is our final and best-performing ASX ETF from November. It covers some of the largest companies listed on the Hong Kong stock exchange. Again, you might recognise some of its largest holdings, including Alibaba, Tencent Holdings, Meituan and JD.com.

The iShares China Large-Cap ETF has had a rough few years. Even today, it has lost an average of 9.48% per annum over the past five years. But we can’t take away this fund’s spectacular November. The iShares China ETF started the month at $33.33 per unit. But today, it is asking $40.12 at the time of writing, a gain of 20.4%.

The post Want to know what the 3 top performing ASX ETFs in November have been? appeared first on The Motley Fool Australia.

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• 3 quality ETFs for ASX investors to buy this month

Motley Fool contributor Sebastian Bowen 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 recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Core Lithium Ltd (ASX: CXO) share price has joined today’s broader market rebound and is back in the green.

In early afternoon trade, the ASX lithium stock is up 1.15% at $1.325 per share, likely buoyed by the latest inflation report from the ABS.

Yet the stock has a lot more ground to make up than that.

The Core Lithium share price remains down 30% over the past 12 trading days, since closing at $1.87 per share on 14 November.

So, what’s going on?

Why is the ASX 200 lithium darling under pressure?

The Core Lithium share price has been battered recently amid investor concerns that lithium prices are due for a correction.

Indeed, the price of the battery critical mineral hit record prices earlier in November and has edged lower since.

A lot of the pressure stems from China.

China is the world’s top producer of EVs and has a massive appetite for lithium

However, the nation’s soaring COVID cases, the government’s zero-COVID policies, and the recent spate of protests against ongoing lockdowns have given investors in lithium stocks the jitters, throwing up headwinds for the Core Lithium share price.

Atop the virus issues, news also hit the wires that Chinese battery manufacturers have “overproduced” with forecasts that they’ll exceed Chinese EV makers’ demand by threefold by 2025.

Then there’s the slowdown in Chinese EV sales. While 2022 saw a huge lift in EV sales, new EV registrations fell 20% in October compared to September. This comes as the Chinese government prepares to axe subsidies for EVs next year.

The Core Lithium share price also could be getting hit as a number of big-name brokers and fund managers reduce their exposure to lithium stocks more broadly, with some issuing sell recommendations for Core Lithium shares specifically.

Both Credit Suisse and Goldman Sachs recently released fairly bearish near-term outlooks for lithium.

And Morgan Stanley reported its institutional desk could be looking at selling lithium shares. “Given the incredible performance in lithium, our insto desk is looking for selling, and the catalyst may come from the Chinese protests,” the broker said.

Joining the selling camp is Jarden Securities. Jarden, as The Australian reported this morning, has just slapped a ‘sell’ rating on Core Lithium.

Core Lithium share price snapshot

Despite the rough patch over the past 12 trading days, the Core Lithium share price remains up an impressive 131% over the past 12 months. That compares to a flat full-year performance posted by the ASX 200.

The post Why has the Core Lithium share price crashed 30% in 12 days? appeared first on The Motley Fool Australia.

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• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Is China responsible for decimating your ASX 200 lithium shares?
• Why did the Sayona Mining share price have a tough run today?
• Here are the 3 most heavily traded ASX 200 shares on Monday
• Why is the Core Lithium share price in the red today?

Motley Fool contributor Bernd Struben 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 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.

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ASX technology shares have had a horror year, with the S&P ASX All Technology Index (ASX: XTX) down by more than 30% in 2022. This compares to the S&P/ASX 200 Index (ASX: XJO) which is down 4.1%.

However, the tech index did manage to record a small rise of 2.4% over the month of November.

As always, there were outliers. This month they were led by NextDC Ltd (ASX: NXT) shares, up 12.9%.

This is according to data provided by S&P Global Market Intelligence, canvassing ASX 200 tech shares with a minimum market capitalisation of $100 million over the month of November.

Here’s why NextDC shares and the other two top performers bounced this month.

Why these ASX 200 tech shares led the way in November

NextDC Ltd (ASX: NXT)

The data centre operator got a bounce following its annual general meeting on 18 November. As my Fool colleague James reported, NextDC revealed its sales pipeline had hit a record size. It expects this to convert into material new contracts over the next six to 12 months.

Goldman Sachs has a conviction buy rating on NextDC and a $14.30 share price target. The broker said:

NXT noted continued strong growth in enterprise, network and partner pipelines driving healthy margin, with revenue growth assisted through price escalation & power pass-through.

At the time of writing, the NextDC share price is $9.83, down 0.7% today.

TechnologyOne Ltd (ASX: TNE)

November’s next best-performing ASX 200 tech share is TechnologyOne with a 9.64% share price bump. This was largely due to its full-year FY22 results announcement on 22 November. During the 12 months ending 30 September, TechnologyOne achieved record profit and revenue for the thirteenth consecutive year. As we reported, TechnologyOne achieved an 18% increase in revenue to $369.4 million. It got a 15% boost to profit before tax at $112.3 million, which was at the top end of its guidance. The company also announced a supersized dividend.

Morgans analyst Nick Harris recommends buying any dip in the TechnologyOne share price. Harris said:

TechnologyOne is one of the highest quality stocks on the ASX and we continue to rate the outlook. We would see any weakness as a buying opportunity.

At the time of writing, the TechnologyOne share price is flat at $13.53.

BrainChip Holdings Ltd (ASX: BRN)

The third best-performing ASX 200 tech share in November is BrainChip. The artificial intelligence (AI) start-up did not release any price-sensitive news in November, so its 9.23% share price rise is hard to explain. It’s possible that investors were buying the dip after the BrainChip share price lost a quarter of its value in October. It also lifted when United States inflation data came in better than expected this month.

My colleague James gives investors five reasons to avoid BrainChip shares at all costs. He says:

I’ve been warning investors off BrainChip shares for a while now. If you stayed away, then you’ve managed to save yourself from watching your wealth go up in smoke as the semiconductor company’s shares dropped from a high of $2.34 to 62 cents today.

At the time of writing, the BrainChip share price is up 3.1% to 73 cents.

ASX 200 tech shares up 9.5% since October

The tide seemed to turn for the All Tech Index in early October, with a 9.5% increase since then, according to Google Finance data.

It’s been a bad year for ASX tech investors, mostly due to rising interest rates. This has caused concern because Australian tech companies are mostly young in their development and therefore have higher debt.

The post Best of a bad bunch: The 3 best-performing ASX 200 tech shares in November appeared first on The Motley Fool Australia.

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• Why did the BrainChip share price slide 5% on Monday?
• 3 ASX 200 shares that announced supersized dividends in November
• 3 ASX 200 shares on the coveted Goldman Sachs conviction list
• Here are the top 10 ASX 200 shares today
• 5 of the craziest things making news on the ASX this week

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended TechnologyOne Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Telstra Group Ltd (ASX: TLS) share price made only a modest gain in November.

Shares of the telco giant opened for $3.90 each on 1 November and currently trade for $3.955 apiece, marking a 1.4% gain at the time of writing.

The S&P/ASX 200 Telecommunication Services Index (ASX: XTJ) performed slightly better over the same period, gaining 1.76%.

Broader still, the S&P/ASX 200 Index (ASX: XJO) more than tripled Telstra’s gains in November, moving 6.1% higher at the time of writing.

So let’s recap Telstra’s events for the month to see if we can piece together the reason for its lukewarm performance.

What happened for Telstra in November?

Most recently, the Telstra share price received some positive coverage in a report released by a global asset manager. Telstra made it into Janus Henderson’s 36th edition of its global dividend index, which noted the share’s substantial dividend increase in the third quarter of this year.

My Fool colleague Monica noted that Telstra’s dividend increased by 50% during the quarter to 7.5 cents per share, fully franked. That was up from 5 cents per share in FY2021.

During November, Telstra also received praise from various brokers and fund managers.

Perpetual Asset Management said that Telstra’s defensive revenue attributes made it an “appealing proposition”. Meantime, Morgans gave the share and add rating with a price target of $4.60. That was an upside of 16.16% at the time.

Morgans also noted its belief the market has not yet priced in Telstra’s InfraCo assets and this could unlock further value for investors moving forward.

ACMA criticises Telstra’s credit management processes

Despite the generally bullish sentiment that surrounded the Telstra share in November, some events transpired which could have dampened investor optimism.

The Australian Communications and Media Authority (ACMA) said Telstra must address its credit management processes or potentially face harsh penalties. As part of an ACMA investigation, Telstra admitted it mistakenly took action against some of its customers who were under payment arrangements due to financial hardship. This is a breach of ACMA’s compliance standards.

While Telstra emerged from ACMA’s investigation relatively unscathed, it was not so lucky with defending a court case against the Australian Competition and Consumer Commission (ACCC).

Telstra gets fined $15 million

The ACCC said that Telstra, along with TPG Telecom Ltd (ASX: TPG) and Optus, misled consumers about their fibre-to-the-node plans. It said the telcos did not have “adequate systems, processes and policies” to notify their customers if the advertised speeds of those plans could not be reached. This was something the telcos agreed to do.

Telstra was penalised $15 million for their infringements, while TPG was fined $5 million and Optus $13.5 million.

Finally, Telstra announced the churn of one of its key leaders on 14 November. Telstra’s now former group executive for transformation, communications and people Alex Badenoch left the company after serving an “instrumental” role in Telstra’s T22 strategy and navigating the COVID-19 pandemic.

The post Why did Telstra have a mediocre performance in November? appeared first on The Motley Fool Australia.

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Motley Fool contributor Matthew Farley 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 Telstra Corporation Limited. The Motley Fool Australia has recommended TPG Telecom Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The market may be pushing higher today but its decent gain is nothing compared to those being recorded by the ASX mining shares listed below.

Here’s why these shares are smashing the market today:

GreenX Metals Ltd (ASX: GRX)

The GreenX Metals share price is up 38% to 49.5 cents. This is despite there being no news out of the mineral exploration company today. However, it is worth noting that yesterday the company revealed that the hearing for the international arbitration claims against the Republic of Poland has now completed. GreenX Metals is seeking damages of up to $1.3 billion. These have been claimed in relation to the assessed value of GreenX’s lost profits and damages from both the Jan Karski and Debiensko projects.

Stavely Minerals Ltd (ASX: SVY)

The Stavely Minerals share price is up almost 22% to 22.5 cents. Investors have been buying this mineral exploration company’s shares since the release of a drilling update on Tuesday. That update revealed that a significant new porphyry target has been established immediately south-east of the Cayley Lode deposit following a recent review of data and drill core. Stavely Minerals is now planning to drill a wide-spaced panel of six diamond drill-holes to extend the Cayley Lode down-plunge. This is with the objective of confirming further high-grade copper-gold mineralisation hosted by the causative porphyry.

Southern Cross Gold Ltd (ASX: SXG)

The Southern Cross Gold share price is up 21% to 85.2 cents on no news. In fact, there hasn’t been any news out of this gold explorer for over a week. However, that previous announcement revealed that the company has raised $16 million to fund the exploration of the Sunday Creek project in Victoria. This follows the recent “spectacularly wide intersection of gold-antimony mineralisation grading.” Investors appear excited about what may lay ahead for Southern Cross Gold.

The post 3 ASX mining shares leaping over 20% on Wednesday appeared first on The Motley Fool Australia.

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setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

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• Is a stock market crash coming for us in 2023?
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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 no position in any of the stocks mentioned. 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.

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