Record high Chinese steel prices will put ASX iron ore producers in the spotlight on Monday, but there’s another group of ASX shares that could be the real winners.

While the futures market is pointing to a small drop in the S&P/ASX 200 Index (Index:^AXJO) investors will be eyeing the Fortescue Metals Group Limited (ASX: FMG) share price, Rio Tinto Limited (ASX: RIO) share price and BHP Group Ltd (ASX: BHP) share price to see how they react to the jump in the price of steel on Friday.

However, its the BlueScope Steel Limited (ASX: BSL) share price and Sims Ltd (ASX: SGM) share price that could benefit more. I’ll explain in a moment.

Chinese steel prices at record highs

The Rebar price hit its highest level on the Shanghai Futures Exchange since record began in 2009, reported Bloomberg.

Further, Hot-Rolled Coil (HRC) is trading close to a seven-year high with both steel products gaining 2% last week.

The price increases come even as Chinese authorities threaten to clamp down on steel production.

Steel output curbs could impact on ASX mining shares

“We expect the central government will likely launch a nationwide production control plan soon,” Bloomberg quoted a Citigroup report.

“Despite the market concerns of potential inflation risks, we believe the government is determined to curb steel production in order to reduce its carbon footprint.”

What’s more, nationwide controls could be followed by more cuts in other provinces in the second half.

Not all bad news for ASX iron ore miners

Chinese restrictions are a potential threat to ASX iron ore miners. The commodity they export are a critical input consumed by steel mills.

But experts are divided on how big of a risk this poses to the ASX shares. While weakening steel output technically means lower demand for iron ore, supply curbs are supportive of high steel prices.

High steel prices are great news for our miners as the price of iron ore is likely to remain near record highs of their own.

Brazilian wildcard

The thing that could tip the scale in favour of the bulls or bears may be Brazil. Output from Australia’s rival iron ore supplier is struggling due to the rampant outbreak of COVID-19.

Brazil’s largest iron ore miner, Vale SA, missed production expectations for the first quarter of 2021. News that the country’s environmental agency ordered Vale to suspend operations at its Ilha da Guaiba export terminal is adding to the angst.

However, Bloomberg reported that another Brazilian government department has allowed Vale to resume exports at the terminal hours later.

The uncertainty in Brazil will make forecasting all that much challenging for ASX investors.

The real ASX shares that benefit from record steel prices

While experts are working out the real impact of China’s measures on ASX iron ore shares, shareholders in BlueScope and Sims will be grinning.

If Chinese steel prices remain buoyant, this will also likely put upside pressure on global steel prices. That puts the BlueScope share price and Sims share price in the box seat as their margins should be able to withstand lofty iron ore prices.

And if they are doubly lucky, the iron ore price may weaken to deliver their bottom line an extra boost.

More reading

• These were the best performers on the ASX 200 last week
• High iron ore prices are boosting the Fortescue (ASX:FMG) share price again
• These were the worst performers on the ASX 200 last week
• ASX 200 finishes flat, Kogan drops, Accent jumps
• Top brokers name 3 ASX dividend shares to buy today

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If you’re a fan of growth shares like I am, then you’ll be pleased to learn that the Australian share market is home to a good number of them.

But with so many options, it can be hard to decide which ones to choose over others. To narrow things down, I have picked out two growth shares that are highly rated. They are as follows:

Adore Beauty Group Limited (ASX: ABY)

Adore Beauty is a growing online beauty retailer. It was founded in a Melbourne garage by Kate Morris and James Height back in 2000.

Since then, it has evolved into an integrated content, marketing, and ecommerce retail platform in order to better meet customer needs. And what a lot of customers it is meeting the needs of.

At the end of the first half of FY 2021, the company had almost 800,000 active customers. From these, it generated revenue of $96.2 million, up 85% on the prior corresponding period.

Positively, even if you annualise this, it is still only a very small slice of the Australian beauty and personal market worth an estimated ~$11 billion a year. This gives it a very long runway for growth, particularly given the low penetration of online beauty sales compared to other Western markets.

Morgan Stanley is a fan of the company. Last month its analysts reiterated their overweight rating and lifted their price target on its shares to $8.75.

Breville Group Ltd (ASX: BRG)

Another growth share for investors to consider is this appliance manufacturer.

Breville has been growing strongly over the last decade thanks to the increasing popularity of its products and its international expansion. Positively, the latter is continuing and provides it with numerous growth opportunities.

As does the acquisition of Seattle-based coffee grinding company Baratza late last year. This brought together two of the world’s leading companies in the design and global distribution of coffee products.

Like Adore Beauty, Breville was a strong performer in the first half of FY 2021. It delivered a 28.8% increase in revenue to $711 million and a 29.2% increase in net profit after tax to $64.2 million.

The good news is that the second half is expected to be similarly strong. It is forecasting EBIT of $136 million for the full year. This will be a 20% year on year increase.

UBS is bullish on the company due to product launches and its expansion into new markets. Its analysts have a buy rating and $35.70 price target on its shares.

More reading

• 3 outstanding ASX growth shares
• Why retailers are stepping up as top performing ASX shares this week
• 3 fantastic ASX shares to buy this month
• Brokers name 3 ASX shares to buy now
• 2 rapidly growing ASX shares to buy

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Adore Beauty Group Limited. 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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While small cap shares carry a lot more risk than blue chips, the potential returns on offer are vastly superior. This could make it well worth having a little exposure to this side of the market if your risk tolerance allows.

But which small caps should you be looking at? Two to get better acquainted with are as follows:

Damstra Holdings Ltd (ASX: DTC)

The first small cap to look at is Damstra. It is an integrated workplace management solutions provider.

Damstra provides businesses with a cloud-based workplace management platform that tracks, manages, and protects their workers and assets. 

Demand for its offering has been growing strongly in recent years and has continued in FY 2021. For example, in February Damstra reported a 29.6% increase in revenue to $13.3 million. 

Analysts at Shaw and Partners are positive on the company. They currently have a buy rating and $1.93 price target on its shares. This compares to the latest Damstra share price of $1.10.

Whispir Lrd (ASX: WSP)

Another small cap to look at is Whispir. It is a technology company that provides a communications workflow platform automating interactions between organisations and people.

There’s a very strong chance that you’ll have come across its offering in your day to day life. Uses included COVID-19 communications by the government at the height of the pandemic and website chat pop ups that are designed to reduce call centre volumes.

Demand continues to grow for Whispir’s platform, which is underpinning solid recurring revenue growth. In fact, just this week the company released its third quarter update and revealed further growth in this key metric.

Analysts at Ord Minnett have been pleased with its performance this year. As a result, they currently have a buy rating and $4.25 price target on its shares. This compares to the latest Whispir share price of $3.32.

More reading

• Whispir (ASX:WSP) share price charges higher following Q3 update
• 3 excellent small cap ASX shares to watch closely
• 3 growing small cap ASX tech shares to watch
• 3 exciting small cap ASX shares to watch closely
• 2 small cap ASX tech shares to buy now

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Damstra Holdings Ltd and Whispir Ltd. The Motley Fool Australia has recommended Damstra Holdings Ltd and Whispir Ltd. 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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I’m a big fan of buy and hold investing and believe it is the best way for investors to grow their wealth. To demonstrate how successful it can be, I like to pick out a number of popular ASX shares to see how much a single $20,000 investment 10 years ago would be worth today.

This time around I have picked out the three ASX shares that are listed below:

Goodman Group (ASX: GMG)

This integrated commercial and industrial property group owns, develops, and manages industrial real estate in 17 countries. It has been a very strong performer over the last decade thanks to its focus on investing in and developing high quality industrial properties in strategic locations. These are close to large urban populations and in and around major gateway cities globally, where demand is strong and transformational changes are driving significant opportunities. This has underpinned strong earnings and distribution growth, leading to its shares generating a total average return of 19.4% per annum since this time in 2011. This would have turned a $20,000 investment into ~$120,000.

NEXTDC Ltd (ASX: NXT)

NEXTDC is Australia’s leading data centre operator. Thanks to the shift to the cloud, a significant increase in demand for capacity in data centres, and its growing network of centres, NEXTDC’s sales and earnings have been growing at a strong rate for a decade. This has led to its shares smashing the market over the last 10 years. During this time, the NEXTDC share price has provided investors with an average total return of 21.8% per annum. This would have turned a $20,000 investment into ~$145,000 in 2021.

REA Group Limited (ASX: REA)

Another company that has been growing very strongly thanks to a structural shift has been REA Group. With property listings moving from newspapers to online, its realestate.com.au website has benefited greatly over the last decade. Especially given its dominance of the industry. This has been supported by the growth of its complementary businesses and its international operations. All in all, this has led to REA Group share price generating a total average return of 28.6% per annum for shareholders since 2021. This means that a $20,000 investment in REA Group’s shares in 2011 would now be worth ~$250,000.

More reading

• 5 things to watch on the ASX 200 on Thursday
• Broker tips REA Group (ASX:REA) share price to shoot higher from here
• 2 five-star ASX 200 shares that are rated very highly
• 2 brilliant blue chip ASX 200 shares brokers love
• 2 highly rated ASX growth shares

Motley Fool contributor James Mickleboro owns shares of NEXTDC Limited. The Motley Fool Australia has recommended REA Group 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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ASX renewable energy shares have been a much-discussed area of interest over the past few months (and years, to be fair). After all, 2020 was a pretty good year for the sector. On top of that, interest has picked up in recent weeks on the back of significant talk of a renewables-focused infrastructure package over in the United States. Such a package has indeed been proposed by the Biden administration, although we will have to see how it looks if it ever gets out of a closely divided US congress.

So, how have ASX renewables shares been tracking recently?

Quite well, as it turns out.

Take Tilt Renewables Ltd (ASX: TLT). Tilt is a power generation company that owns a portfolio of wind and solar farms across Australia and New Zealand. It has been a consistent winner for investors, adding nearly 90% to its share price in 2020. And another 31% in 2021 so far. Tilt was in the news last week after receiving an NZ$8 per share acquisition offer from a Canadian pension fund called CDPQ. That follows the takeover offer last month from AGL Energy Limited (ASX: AGL) and Mercury NZ Ltd (ASX: MCY).

ASX renewable energy shares continue to excite

Speaking of Mercury NZ, we have another ASX renewable energy share that has performed rather well over the past year, although not so well more recently. Just this week, in fact, we got a quarterly update from Mercury. The company announced that its hydro-electrical generation was up 8.5% over the quarter, although its forecasts for the full year reminded unchanged. Investors weren’t too impressed though, judging by the flat share price that day.

ClearVue Technologies Ltd (ASX: CPV) has been another recent performer. As my Fool colleague reported last week, investors seem to have linked ClearVue with the Biden infrastructure plan. This company develops glass that can function effectively like a solar panel. ClearVue is up more than 500% over the past year, so it definitely has a lot of support out there.

Another ASX renewables company that isn’t fairing so well though is Meridian Energy Ltd (ASX: MEZ). Meridian rose almost 100% in value between September last year and January this year. But the past few months have been proportionally unkind. Meridian has lost close to 40% of its value since 8 January. Investors weren’t too impressed with an update that month which saw the company report a fall in electricity demand. Meridian has also been suffering more recently from institutional investment outflows as well.

I think we can all agree that ASX renewables shares have a birth future. So it will be interesting to see how these companies perform in the weeks, months and year ahead.

More reading

• Why the Mercury (ASX:MCY) share price is on watch
• Why the Meridian Energy (ASX:MEZ) share price is falling
• Why the ClearVue (ASX:CPV) share price just hit an all-time high
• Why the Tilt Renewables (ASX:TLT) share price is in focus
• The ClearVue (ASX:CPV) share price is up 65% in a month. Here’s why

Motley Fool contributor Sebastian Bowen 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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After a solid start to the week, the S&P/ASX 200 Index (ASX: XJO) gave back its gains and finished the period ever so slightly lower. The benchmark index lost 2.8 points over the five days to finish it at 7,060.7 points.

That didn’t stop some shares from recording very strong gains over the week. Here’s why these were the best performing ASX 200 shares:

Megaport Ltd (ASX: MP1)

The Megaport share price was the best performer on the ASX 200 last week with a gain of 10.5%. The catalyst for this was the release of the elastic interconnection services provider’s third quarter update. Megaport reported monthly recurring revenue (MRR) of $6.8 million for the three months ended 31 March. This represents a lift of $0.5 million or 8% quarter-on-quarter and was driven by an increase in its footprint, ports, and customer numbers. UBS was happy with the update and retained its buy rating and lifted its price target to $17.10.

Monadelphous Group Limited (ASX: MND)

The Monadelphous share price wasn’t far behind with a gain of 8.6% over the five days. This was despite there being no news out of the mining services company. However, a positive announcement at the end of last week in relation to a lawsuit settlement with Rio Tinto Limited (ASX: RIO), which was covered by insurance, could have helped. As could its exposure to iron ore, which was on fire again last week.

Champion Iron Ltd (ASX: CIA)

The Champion Iron share price was on form last week and stormed 8.3% higher last week. As mentioned above, the iron ore price was a very strong performer last week. The base metal climbed to its highest level in 10 years and now has the US$200 a tonne level in its sights. This was driven by strong steel margins in China.

Reliance Worldwide Corporation Ltd (ASX: RWC)

The Reliance Worldwide share price was a positive performer and recorded a gain of 8.1% last week. This led to the plumbing parts company’s shares hitting a multi-year high on Friday. While there was no news last week, investors have been buying its shares since the release of a very strong half year update in February. During the half, Reliance Worldwide reported a 56% increase in adjusted net profit after tax to $99.3 million.

More reading

• These were the worst performers on the ASX 200 last week
• Which ASX 200 shares were the best performers this week?
• ASX 200 finishes flat, Kogan drops, Accent jumps
• History is on the side of the battered AMP (ASX:AMP) share price as it plans its demerger
• AMP (ASX:AMP) is the most traded ASX 200 share today

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends MEGAPORT FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Reliance Worldwide Limited. The Motley Fool Australia has recommended MEGAPORT FPO and Reliance Worldwide 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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If you’re a growth investor then you’re in luck. The Australian share market is home to a number of quality shares that have the potential to grow strongly in the future.

Two top ASX growth shares that have been tipped as buys are listed below. Here’s why they are highly rated:

Redbubble Ltd (ASX: RBL)

The first ASX growth share to look at is Redbubble. This ecommerce company’s shares have come under significant pressure this month following the release of its third quarter update.

For the three months ended 31 March, Redbubble reported a 54% increase in gross transaction value to $134 million. However, from this, it only generated EBITDA of $2.2 million. This compares to its first half EBITDA of $48.8 million, which averages out at $24.4 million per quarter.

Management advised that it is sacrificing margins in order to invest in its growth. An investment that it hopes will lead to gross transaction value of $1.5 billion by 2024 with an EBITDA margin of 10% to 15%. This compares to gross transaction value of $620 million and an EBITDA margin of 9% in 2020.

In response to the update, RBC Capital held firm with its buy rating but cut its price target to $5.60. This compares to the latest Redbubble share price of $4.08.

Zip Co Ltd (ASX: Z1P)

Another ASX growth share to consider is Zip. Thanks to the increasing popularity of the buy now pay later (BNPL) payment method with consumers and retailers across the world, Zip has been growing at a rapid rate in recent years.

This has continued in FY 2021, with Zip recently releasing its third quarter update. That update revealed an 80% increase in group quarterly revenue to $114.4 million. This was driven by a 195% increase in transaction numbers to 12.4 million, a 114% jump in quarterly transaction volume to $1.6 billion, and an 88% lift in active customers globally to 6.4 million.

The key driver of its growth was its Quadpay business in the United States. Pleasingly, with a $5 trillion market opportunity in the country, this side of the business still has a significant runway for growth over the next decade and beyond.

One broker that was pleased with its update was Citi. In response, the broker upgraded its shares to a buy rating with an $11.30 price target. This compares to the latest Zip share price of $8.90.

More reading

• Broker weighs in on the Redbubble (ASX:RBL) share price after its 20% dive
• The Youfoodz (ASX:YFZ) share price is down 15% today. Here’s why
• Why some of your favourite ASX growth shares are free-falling this week
• Could a dual listing drive the Afterpay (ASX:APT) share price higher? 
• Why Zip (ASX:Z1P) and this ASX growth share are rated highly

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of ZIPCOLTD FPO. 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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High iron ore prices are continuing to boost the Fortescue Metals Group Limited (ASX: FMG) share price.

Over the last month the Fortescue share price has gone up by 12%. It has been a sizeable recovery after a decline between the end of February and the recent low in March 2021.

Even so, the Fortescue share price remains down by around 14% from that high in February 2021.

What’s going on with the iron ore price?

There have been some effects from COVID-19 on the iron ore price. China has been providing stimulus for its economy which has seemingly benefited the iron ore price. The Chinese demand for iron ore remains high and the iron ore price is also high. The iron ore price is currently around US$190.

Another factor for the strong iron ore price is that supply from Brazil continues to be lower than expected from the iron ore miner Vale. COVID-19 impacts have meant that production continues to be disappointing.

Analysis by the Australian Financial Review pointed out that margins for the miners are higher than they were a decade ago during the last boom. Another difference with that boom is that the US and Europe are spending a lot of money on infrastructure which should help things.

The iron ore price isn’t going to stay this strong according to analysts.

The AFR reported that Goldman Sachs said on Tuesday it thinks the iron ore will fall to $US137 a tonne by the end of June 2021, this could mean a 27% fall by the end of the financial year.

Rio Tinto Limited (ASX: RIO) and BHP Group Ltd (ASX: BHP) think that conditions in China remain strong. This may mean that FY21 earnings of the iron ore giants are stronger than some analysts are expecting.

How good is the Fortescue FY21 result going to be?

It’s hard to know exactly how good the result will be because of the unknown of how iron ore prices will go over the next couple of months. But prices have remained high for most of the second half of the financial year too.

Morgan Stanley is one of the brokers that’s most bearish about Fortescue with a share price target of $17.45 over the next 12 months. The broker is concerned that emission reductions in the Chinese city called Tangshan could cause trouble for lower grade miners like Fortescue. Morgan Stanley thinks that Chinese stimulus ending will be a negative for the iron ore price.

Broker UBS also thinks the good times aren’t going to continue, with lower Chinese demand and more supply from Brazil.

But not every broker thinks that way. Ord Minnett thinks that concerns about China are too pessimistic. Production can come online in other places. The broker thinks that the Fortescue share price could go higher, with a share price target of $29.

According to Ord Minnett, Fortescue has a FY21 grossed-up dividend yield of 23%. Using its earnings estimates, the Fortescue share price is valued at 7x FY21’s estimated earnings.

More reading

• Top brokers name 3 ASX dividend shares to buy today
• 3 ASX dividend shares with fully franked yields over 5% today
• History is on the side of the battered AMP (ASX:AMP) share price as it plans its demerger
• 5 things to watch on the ASX 200 on Friday
• Why your ASX 200 shares aren’t going up with the market 

Motley Fool contributor Tristan Harrison owns shares of Fortescue Metals Group Limited. 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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Are you looking to add some dividend shares to your portfolio next week? Then take a look at the ones listed below.

Here’s why they could be top options for income investors:

BWP Trust (ASX: BWP)

When it comes to retail property, there are few retailers (if any) that you would want more as a tenant than Bunnings Warehouse.

So, as the largest owner of Bunnings Warehouse sites across Australia, BWP is the envy of many retail landlords.

At the last count, BWP had a total of 68 properties which were leased to the home improvement giant. And thanks to its key tenant’s strong performance during the pandemic, it has been able to collect rent as normal this year.

This led to BWP reporting a 6% increase in profit during the first half of FY 2021, allowing the BWP board to reaffirm its plans to pay a full year distribution of ~18.3 cents per share.

Based on the current BWP share price, this equates to an attractive 4.45% dividend yield.

Telstra Corporation Ltd (ASX: TLS)

Another dividend share to look at is this telco giant. Telstra’s outlook has improved greatly recently thanks to the easing NBN headwind, rational competition, lucrative 5G internet, and the planned splitting up of the company to unlock value.

In fact, management expects the above to put Telstra in a position to return to growth as soon as next year.

In light of this, the company’s dividend cuts appear to be over, with almost all analysts now expecting 16 cents per share to be the bottom.

So, with the Telstra share price ending the week at $3.41, this means its shares will provide investors with a fully franked dividend yield of approximately 4.7%. Given how low interest rates have fallen in recent years, this is certainly an attractive yield for income investors.

More reading

• ASX 200 finishes flat, Kogan drops, Accent jumps
• What’s with the Telstra (ASX:TLS) share price and other telcos today?
• History is on the side of the battered AMP (ASX:AMP) share price as it plans its demerger
• ASX 200 down 0.1%: Kogan crashes, AMP’s demerger plans, Telstra strengthens 5G network
• Telstra (ASX:TLS) share price on watch after 5G update

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra 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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The S&P/ASX 200 Index (ASX: XJO) had a strong start to the week but faded as it went on. This led to the benchmark index falling by 2.8 points over the five days to finish the week at 7,060.7 points.

A number of shares on the index acted as major drags on proceedings during the week. Here’s why these were the worst performers on the ASX 200:

Challenger Ltd (ASX: CGF)

The Challenger share price was the worst performer on the ASX 200 last week with a disappointing decline of 23.8%. Investors were selling the annuities company’s shares following the release of a disappointing third quarter update. Although Challenger recorded solid growth in its assets under management, its margins have been impacted by a sharp decline in credit spreads over the year. This means it only expects to hit the low end of its guidance range. And while the company intends to lift prices significantly to combat this, there are concerns that this will weigh on sales.

Kogan.com Ltd (ASX: KGN)

The Kogan share price wasn’t far behind with a sizeable 19.7% decline over the five days. The catalyst for this was the release of the ecommerce company’s third quarter update. Although Kogan reported a 47% increase in gross sales and a 54% jump in gross profit, its operating earnings actually declined by 24%. This was predominantly due to the core Kogan business, which reported a 42% decline in adjusted operating earnings due to a significant increase in operating costs.

Pilbara Minerals Ltd (ASX: PLS)

The Pilbara Minerals share price was out of form and sank 11.9% last week. Investors were selling the lithium producer’s shares following the release of its third quarter update and a broker note out of Citi. According to the note, the broker has downgraded its shares to a sell rating with a $1.10 price target. Citi made the move largely on valuation grounds following a strong gain over the last couple of months. In addition to this, it notes that the company fell short of shipment expectations during the March quarter and its costs were higher than expected.

Whitehaven Coal Ltd (ASX: WHC)

The Whitehaven Coal share price was a poor performer and dropped 11.4% during the period. Last week analysts at Morgans gave their opinion on the coal miner. Although they have retained their add rating, they cut their price target by 8% to $2.05. The broker was disappointed with production issues at its Narrabi operation.

More reading

• Growing pains, or something worse, for Kogan?
• ASX 200 finishes flat, Kogan drops, Accent jumps
• History is on the side of the battered AMP (ASX:AMP) share price as it plans its demerger
• Why a2 Milk, Centaurus Metals, Kogan, & Youfoodz are sinking today
• The Youfoodz (ASX:YFZ) share price is down 15% today. Here’s why

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Kogan.com ltd. 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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