Shares in Kuniko Ltd (ASX: KNI) are surging 26% higher today on the back of a company announcement.

The company reported findings from downhole geophysics surveys conducted at its Skuterud Cobalt Project in Norway.

At the time of writing, the Kuniko share price is resting at $1.44 apiece. It is rangebound after an initial spike from the open and trading volume is already at 64% of its 4-week average.

What did Kuniko announce?

The company says that findings from the most recent surveys held at Skuterud have yielded positive results.

“Specialist consultancy firm, GeoVista AB, has captured and interpreted data acquired from a downhole geophysics survey campaign targeting historic drill holes by Berkut Minerals Ltd., enabling optimisation of drill plans,” it said.

Survey findings confirm the presence of ‘conductors’ that were previously identified by airborne studies already completed by Kuniko, it added.

Results say these conductors are “partially or fully off-hole”, meaning they’ve actually been missed – or only partially intersected – by previous drilling attempts from the company.

Speaking on the announcement, CEO Antony Beckmand was pleased with the latest results. He went on to provide a summary of Kuniko’s next moves:

With drilling set to launch in the next weeks, these latest borehole geophysics results provide further signs of the potential and opportunity at the Skuterud Cobalt Project. The downhole geophysics has confirmed the presence of the conductors we originally identified at the Middagshvile target using airborne electromagnetic and magnetic surveys in 2021, while downhole geophysics modelling identifies the conductors aligning with and corresponding to mineralization observed in the available historic core assays.

We have done our geological due diligence on the Skuterud targets, putting Kuniko in a prime position of being well prepared and having solid reasons to be confident and enthusiastic about prospects for unveiling cobalt mineralisation with our upcoming drill campaign.

With a prevailing and forecast undersupply for this valuable mineral, where current sources of supply are heavily reliant on Democratic Republic of Congo, Russia and China, Kuniko is firmly focussed on the rapid development of Skuterud project to bridge the supply chain gap with ethically sourced, responsibly developed, net zero-carbon cobalt.

Kuniko shares have soared in absolute return since first emerging on the ASX in August last year, but the share price has glided down off a high of $$3.23.

The post Here’s why the Kuniko share price is surging 20% today appeared first on The Motley Fool Australia.

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Motley Fool contributor Zach Bristow 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 Bruce Jackson.

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This year so far has been a good one for the Bendigo and Adelaide Bank Ltd (ASX: BEN) share price. It’s gained 11.94% since the start of 2022, outperforming many of its ASX peers.

In fact, the bank’s share price is currently outperforming the S&P/ASX 200 Financials Index (ASX: XFJ) by nearly 10%. The sector has risen just 2.34% year to date.

It’s not only the financials index that Bendigo Bank is leaving in its dust. The S&P/ASX 200 Index (ASX: XJO) has slipped 0.92% since the beginning of 2022, leaving the bank’s stock outperforming it by nearly 11%.  

At the time of writing, the Bendigo Bank share price is $10.40, 0.95% lower than its previous close. Comparatively, the ASX 200 is gaining on Thursday. It’s up 0.53% right now.

So, what’s driven Bendigo Bank’s outperformance this year? Let’s take a look.

Why is the Bendigo Bank share price outperforming?

Bendigo Bank is one of the ASX 200’s best-performing financial stocks in 2022, and that’s despite only one piece of news having been released by the retail bank.

On 14 February, the Bendigo Bank share price got plenty of love over the bank’s half-year earnings.

Over the six months ended 31 December, its revenue increased 8.5% on that of the prior comparable period. Its statutory net profit also rose 31.7% while its interim dividend received a 12.8% boost, reaching 26.5 cents, fully franked.

Bendigo’s strong performance was driven by its residential lending. The Bendigo Bank share price gained 4.43% on the release of the half-year results.

But it’s not the highest performing ASX 200 financial share of 2022.

That crown is worn by National Australia Bank Ltd (ASX: NAB). Its shares have gained 12.59% in 2022 so far – only just besting the Westpac Banking Corp (ASX: WBC) share price with a 12.07% year-to-date gain.  

The post How has the Bendigo Bank share price outperformed its ASX peers by 10% in 2022? appeared first on The Motley Fool Australia.

More reading

• What was the highest ever Bendigo Bank share price?
• Here are the 5 best performing ASX 200 bank shares of the March quarter
• It’s payday for Bendigo Bank (ASX:BEN) shareholders today. Here’s the deal
• How did ASX 200 bank shares perform today?
• Why has the Bendigo Bank (ASX:BEN) share price been smashing BOQ in 2022?

Motley Fool contributor Brooke Cooper 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 owns and has recommended Bendigo and Adelaide Bank Limited. The Motley Fool Australia has recommended Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Telstra Corporation Ltd (ASX: TLS) share price is an interesting investment proposition in 2022. Do the experts believe it’s an opportunity?

Since the start of the year, the Telstra share price has fallen by 4.5%. Some businesses have fallen much further. For example, the Xero share price has dropped around 30% in this calendar year.

But just because Telstra hasn’t fallen much, doesn’t mean it can’t be good value today.

Brokers are liking the moves that the telco is making to increase the profitability and prospects of the business.

The deal-making telco

One of the things that brokers have liked is the deal between Telstra and TPG Telecom Ltd (ASX: TPG). Morgan Stanley thinks it can help Telstra give customers a cost-effective method of getting access to additional spectrum in regional Australia, which will help speeds. It will also help profit.

TPG will gain access to around 3,700 of Telstra’s mobile network assets. Telstra will also obtain access to and deploy infrastructure on up to 169 existing TPG mobile sites, improving coverage for customers.

Telstra said that the deal would realise more value from Telstra’s network infrastructure for shareholders while making a “very significant” contribution to Telstra’s wholesale mobile revenue.

But this hasn’t been the only deal that Telstra has made in recent history which could impact the Telstra share price.

Last year it announced the acquisition of Digicel Pacific, adding 2.5 million customers and “leading mobile businesses” in PNG, Fiji, Vanuatu, Tonga, Nauru and Samoa. This acquisition generated combined earnings before interest, tax, depreciation and amortisation (EBITDA) of US$233 million for the financial year ended 31 March 2021, with a “strong margin”.

The ASX telco share also entered into a deal to buy GP clinical and practice management software company MedicalDirector for an enterprise value of A$350 million. Its software as a service (SaaS) solutions supports general GPs and other specialists and pharmacies in the Australian healthcare industry. At the time of the acquisition, it supported approximately 23,000 medical practitioners and is used to deliver more than 80 million consultations a year.

Is the Telstra share price a buy today?

Morgan Stanley thinks so, rating it as a buy with a price target of $4.60.

The broker Morgans rates Telstra as a buy, with a price target of $4.56. It acknowledges the underlying growth that Telstra is now generating.

Indeed, Telstra is looking to achieve a compound annual growth rate (CAGR) of high-teens for underlying earnings per share (EPS) to FY25. That marks a change to the last few years where profit has been falling predominately due to the transition of households to the NBN.

Credit Suisse rates Telstra as a buy, with a price target of $4.50.

Ord Minnett also rates the business as a buy, with a price target of $4.50.

The post Do experts think the Telstra share price is good value right now? appeared first on The Motley Fool Australia.

More reading

• ‘Our hard work is paying off’: Here’s why the future Telstra CEO is excited about the ASX share’s ambitions
• Analysts name 2 ASX 200 dividend shares to buy now
• Is the Telstra share price a buy for dividends and growth?
• Here’s how the Telstra share price performed last quarter
• Could April be a good month for the Telstra share price?

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 no position in any of the stocks mentioned. The Motley Fool Australia owns 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 Bruce Jackson.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened

Shares of Rivian (NASDAQ: RIVN) are making big gains in today’s trading. The electric vehicle (EV) company’s stock was up roughly 7.5% as of 3 p.m. EDT Wednesday. Meanwhile, the S&P 500 index climbed roughly 1%, and the Nasdaq Composite index was up roughly 1.9%. 

Growth-dependent stocks have seen volatile trading recently, and the market has seen big swings this week. While there doesn’t appear to be any fresh, business-specific news driving the company’s share price higher, Rivian is benefiting from an uptick in bullish sentiment lifting the broader market. 

So what

After a day of dramatic sell-offs on Monday, yesterday’s trading delivered some rebound momentum, and the recovery has been even stronger Wednesday. Rivian published an update last week announcing that it had produced 2,553 electric vehicles in its recently completed first quarter and that it was on track to meet its goal of delivering 25,000 vehicles this year. The combination of positive momentum for the market today and recent indications that the business is making encouraging progress are prompting big gains for the stock. 

Now what

Rivian’s business has just recently started ramping up significantly, with the $54 million in sales that it posted in last year’s fourth quarter pushing full-year revenue to $55 million. Investors won’t have to wait long to get a more detailed look at Rivain’s business operations and outlook. The company recently announced that it will be publishing its first-quarter earnings results and hosting a conference call after the market closes on May 11.  

The company now has a market capitalization of roughly $37 billion and is valued at approximately 19 times this year’s expected sales. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Rivian stock is soaring today appeared first on The Motley Fool Australia.

More reading

• Why Rivian stock dropped over 25% last month
• Rivian stock soared today — is it a buy?

Keith Noonan 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 Bruce Jackson. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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Uranium miners are vying with lithium shares to be the hottest investment trend and there’s one new ASX share that’s going to satisfy both cravings.

A new ASX initial public offering (IPO) candidate is Aurora Energy Metals. The soon-to-be-listed miner looks poised to make a strong debut on our bourse on 16 May, according to The Australian.

Aurora Energy’s $8 million capital raising, as part of the IPO, has already been covered by unnamed buyers, according to the report.

Why new ASX uranium shares are in hot demand

It would be surprising if this new ASX enlistee did not receive strong interest. After all, the Perth-based miner is hunting for both lithium and uranium. It is planning on splitting the cash evenly to explore for both minerals in Oregon in the United States.

ASX investors can’t get enough of either mineral. Uranium has come roaring back into fashion as the West looks to cut its dependency on Russian energy exports. Nuclear power is also seen as one way to cut emissions.

IPO comes as uranium and lithium share prices fire up

You only need to look at the surging Paladin Energy Ltd (ASX: PDN) share price and Deep Yellow Limited (ASX: DYL) share price as a gauge.

The Paladin share price has rallied 122% while the Deep Yellow share price has gained 76% over the past year.

Lithium shares are also on fire thanks to predictions that supply can’t keep up with electric vehicle demand.

The Allkem Ltd (ASX: AKE) share price and Pilbara Minerals Ltd (ASX: PLS) share price have both more than doubled in the past 12 months.

Strong backing for the Aurora Energy IPO

Aurora Energy couldn’t have picked a more opportune time to ride the wave. Many on its board have strong links to the ASX mining sector, too.

The Mitchell River Group, which was involved with Pilbara Minerals, will get a seat on the Aurora Energy board, noted The Australian. The ex-managing director of Deep Yellow, Greg Cochran, will be leading Aurora Energy.

More details on Aurora Energy  

The miner has already indicated a resource of 36.7 million pounds of uranium at its Oregon project. It’s hoping to expand this through exploration.

If that wasn’t enough to fire up the imagination of ASX investors, Aurora Energy also believes there is lithium in and around its uranium deposit.

The post New ASX uranium share to hit boards next month and investors are already pouncing appeared first on The Motley Fool Australia.

More reading

• Allkem share price on watch following record-breaking third quarter
• Paladin Energy share price leaps 10% as uranium prices surge
• Why is the Allkem share price having such a stellar day?
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• Why have ASX uranium shares bolted out of the gate today?

Motley Fool contributor Brendon Lau owns Allkem Limited. 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 Bruce Jackson.

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The New Hope Corporation Limited (ASX: NHC) share price is deep in the red on Thursday as it trades ex-dividend.

At the time of writing, the coal miner’s shares are swapping hands down 7.24% to $3.46.

Below we take a closer look at New Hope’s latest dividend and when shareholders can expect payment.

Shareholders set eyes on New Hope interim dividend

Following the company’s half year results, investors are eyeing New Hope shares as they go ex-dividend today.

Typically, one business day before the record date, the ex-dividend date is when investors must have purchased shares. If the investor does not buy New Hope shares before this date, the dividend will go to the seller.

Historically, when a company reaches its ex-dividend day, its shares tend to fall in proportion to the dividend paid out. This is because investors tend to sell off the company’s shares after securing the dividend.

When can shareholders expect to be paid?

For those eligible for New Hope’s interim dividend, shareholders will receive a payment of 30 cents per share on 4 May. The dividend is fully franked which means investors will receive credits put on their next tax bill.

The latest interim dividend comprises a 17 cents interim dividend as well as a 13-cent special dividend.

New Hope noted that it is experiencing significant cash build as a result of the remarkable recovery in coal prices. With the near-term outlook strong coupled with a generous franking account balance, the company decided to reward shareholders.

New Hope share price summary

Since the beginning of 2022, New Hope shares are almost 70% in the green.

New Hope shares reached a 52-week high of $4.06 this week, before taking a slight breather in the days following.

Based on today’s price, New Hope commands a market capitalisation of roughly $3.10 billion and has a trailing dividend yield of 2.95%.

The post Here’s why the New Hope share price is sliding 7% today appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 Bruce Jackson.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened

The two largest cryptocurrencies by market cap, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), were also dominant in trading late Wednesday afternoon. As of roughly 4:30 p.m. ET, both were rising by over 4% across the preceding 24 hours. 

So what

There were two big engines driving the prices of Bitcoin and Ethereum higher. The first was a resurgent stock market. Although cryptocurrencies are considered by many to be defensive investments against equity market downturns, in fact, the prices of digital coins frequently correlate tightly with the market’s swings. As bellwether tokens, both Bitcoin and Ethereum can (and frequently do) perform well during bull markets. 

Driver No. 2 was everybody’s current macroeconomic worry, inflation. Yesterday, we learned that the U.S. Consumer Price Index — an important, closely watched inflation gauge — rose by 8.5% year over year in March.

This was the highest rate in over four decades, and followed a similarly concerning 7.9% jump for February. The March number is rattling investors who were looking for some, any improvement in the situation.

Inflation affects cryptocurrencies because, rightly or wrongly, they are seen as a hedge against it. As alternative currencies to the U.S. dollar, they should therefore do well as the value of the greenback erodes. This thinking was clearly in play Wednesday, as the prices of a great many altcoins besides Ethereum were up, in some instances rather notably. 

Now what

Personally, while I’m a holder of Bitcoin and Ethereum, I think only the latter genuinely deserves its current upward push. That’s because Bitcoin still doesn’t have enough practical utility; Ethereum, at least, is the native currency of what continues to be the top smart-contract blockchain on the scene.

Still, I believe both should more or less hold their current values, at least, as long as inflation remains a major worry. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Bitcoin and Ethereum were rising on Wednesday appeared first on The Motley Fool Australia.

More reading

• How Bitcoin will hit $100,000 by the end of the year: expert
• Why crypto investors are watching this key Bitcoin price level
• Bitcoin could be worth $1,000,000 in 2030
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• Why Ethereum and Dogecoin are down today

Eric Volkman owns Bitcoin and Ethereum. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Bitcoin and Ethereum. The Motley Fool Australia owns and has recommended Bitcoin and Ethereum. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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The Fortescue Metals Group Limited (ASX: FMG) share price has been moving in circles since the start of 2022. This comes as the company has been battling lower iron ore prices amid China’s COVID-19 lockdowns.

Nonetheless, investors appear to have mixed feelings about the value of Fortescue shares in the current climate.

At Wednesday’s market close, the mining giant’s shares finished 0.80% higher to $21.34.

How do you value Fortescue shares?

The most common way to value an ASX share is to calculate the company’s price-to-earnings (P/E) ratio. Traditionally, this metric is used to provide more clarity if a company is overvalued or undervalued.

A P/E ratio can be broken down as the relationship between a company’s share price and its earnings per share (EPS).

Currently, Fortescue has a P/E ratio of 7.33. The formula to work out the P/E ratio is the current share price divided by EPS.

Essentially, this means that the company can be viewed as cheap when compared to its peers. The world’s largest miner, BHP Group Ltd (ASX: BHP) holds a P/E ratio of 15.56, while Rio Tinto Limited (ASX: RIO) is around 9.31.

Fortescue released its half year results in mid-February, highlighting a fall across key financial metrics.

Nonetheless, management noted that it has continued to reinvest in the business and in growth.

For instance, the company’s major project, Iron Bridge has been progressing well with first production scheduled in December 2022.

Late last month, the team at UBS raised its 12-month price target on Fortescue shares by 4.9% to $17.10. This implies a potential downside of around 20%.

In addition, Morgans analysts also lifted their outlook on the miner’s share price by 2.9% to $19.10. While not as bearish as UBS’ assessment, this implies a downside of 10% based on the current Fortescue share price.

Fortescue share price summary

It’s been a rollercoaster ride for Fortescue shares, having moved unpredictably over the past 12 months. Its shares are up almost 5% since this time last year.

Based on valuation metrics, Fortescue has a market capitalisation of around $65.71 billion, with approximately 3.08 billion shares on issue.

The post How do you value the Fortescue share price in April 2022? appeared first on The Motley Fool Australia.

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• Here are the top 10 ASX mining companies by market cap
• Fortescue share price jumps despite Shell exec ‘not convinced’ on Twiggy’s green hydrogen plans
• Up 20% in a month: Is the Fortescue share price a buy?
• ASX 200 midday update: Magellan jumps, tech shares tumble
• Fortescue share price lifts amid $2b cap raise

Motley Fool contributor Aaron Teboneras 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 Bruce Jackson.

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The Allkem Ltd (ASX: AKE) share price will be one to watch on Thursday.

This follows the release of the lithium miner’s quarterly update this morning.

Allkem share price on watch amid record revenue

For the three months ended 31 March, the company revealed that Mt Cattlin produced 48,562 dry metric tonnes (dmt) of spodumene concentrate and shipped 66,011 tonnes. And thanks to average pricing of US$2,178 per dmt, this led to the Mt Cattlin operation generating record revenue of US$143.8 million for the three months.

Though, that record is unlikely to stand for long. Management is expecting the Mt Cattlin operation to average a price of US$5,000 per dmt on sales of 50,000 dmt during the fourth quarter.

It is a similar story for Allkem’s Olaroz Lithium Facility. It produced 2,972 tonnes of lithium carbonate with sales of 3,157 tonnes during the quarter. And with Allkem commanding US$27,236 per tonne for its lithium carbonate, this led to record revenue of ~US$86 million from Olaroz.

Once again, with management forecasting an average second half lithium carbonate price of US$35,000 per tonne, this record looks unlikely to stand for very long.

Another positive which could boost the Allkem share price today is the company’s cash margin. It reported a cash margin of 84% at Mt Cattlin and 86% at Olaroz, which means these operations are generating significant cash based on current prices.

In fact, management revealed that group revenue for the quarter was approximately US$235 million with a group gross operating cash margin of approximately US$189 million.

This left Allem with a cash balance of US$421.3 million at the end of March, with a further $73.4 million collected in early April from a March shipment. Management believes this and its future cashflow will fund the delivery of its growth strategy.

The post Allkem share price on watch following record-breaking third quarter appeared first on The Motley Fool Australia.

More reading

• Why is the Allkem share price having such a stellar day?
• 3 highly rated ASX growth shares analysts are tipping as buys
• Here’s why Allkem shares are getting multiple broker upgrades
• Top brokers name 3 ASX shares to buy next week
• Here’s why the lithium price is in the spotlight today

Motley Fool contributor James Mickleboro owns Allkem Limited. 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 Bruce Jackson.

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Although the outlook for interest rates is becoming increasingly positive, it is still likely to be some time before rates are at a sufficient level for income investors. In light of this, ASX dividend shares could remain very important for income investors in the near term.

But which dividend shares could be top options? Two strong shares to consider are listed below. Here’s what you need to know about them:

Coles Group Ltd (ASX: COL)

The first ASX dividend share for investors to consider is retail giant, Coles.

Thanks to its huge network of supermarkets, liquor stores, and express stores and long track record of delivering same store sales growth, Coles has been tipped to grow its dividend at a solid rate in the coming years.

For example, analysts at Citi are forecasting fully franked dividends of 65 cents per share in FY 2022 and then 72 cents per share in FY 2023. Based on the current Coles share price of $18.29, this will mean yields of 3.6% and 3.9% respectively.

Citi has a buy rating and $19.30 price target on its shares.

South32 Ltd (ASX: S32)

Another ASX dividend share that has been named as a buy is this mining giant.

Thanks to strong demand for commodities such as aluminium and the recent acquisition of a stake in the Sierra Gorda copper mine in Chile, South32 has been tipped to generate strong free cash flow and pay big dividends in the coming years.

Goldman Sachs expects South32 to pay fully franked dividends per share of 30 US cents in FY 2022 and 49 US cents in FY 2023. Based on the current South32 share price of $5.12 and the latest exchange rates, this will mean very attractive yields of 7.9% and 12.8%.

Goldman has a conviction buy rating and $5.80 price target on the miner’s shares.

The post 2 strong ASX 200 dividend shares analysts love appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX mining companies by market cap
• Why is the Coles share price slipping today?
• Top ASX dividend shares to buy in April 2022
• ASX market beater? Here’s how Coles shares performed during March
• Why is the South32 share price edging higher today?

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 owns and has recommended COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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