Tag: Motley Fool

Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

Allkem Ltd (ASX: AKE)

According to a note out of Macquarie, its analysts have retained their outperform rating and $21.00 price target on this lithium miner’s shares. This followed the release of a full year result that was materially ahead of the broker’s expectations. In addition, Macquarie highlights that management is guiding to even stronger than expected lithium prices from Olaroz for the first half of FY 2023. The only disappointment was a reduction to its Mt Cattlin production guidance, which has led to a slight revision to Macquarie’s earnings estimates. The Allkem share price ended the week at $13.91.

Costa Group Holdings Ltd (ASX: CGC)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating and $3.60 price target on this horticulture company’s shares. Goldman was pleased with Costa’s first half performance, noting its solid cost absorption relative to peers in the agriculture sector. In addition, it was pleased with the performance of its Chinese joint venture and better than expected growth in high margin genetics licensing. Overall, with its shares changing hands well below historical multiples, the broker believes Costa is attractive in the context of its earnings growth. The Costa share price was fetching $2.79 at Friday’s close.

South32 Ltd (ASX: S32)

Analysts at Morgans have retained their add rating but trimmed their price target on this mining giant’s shares to $5.50. According to the note, the broker felt South32 delivered a strong full year result, which was in line with consensus estimates. And while Morgans acknowledges that earnings multiples are regularly inconsistent value indicators in resources, it believes that in South32’s case, it shows the market is misjudging how much residual earnings power will remain in the business post cycle peak. The South32 share price was trading at $4.23 on Friday.

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

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• ASX 200 reporting season weekly wrap: Top risers and fallers
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Costa share price grows on fruitful first-half results
• Allkem share price higher following massive FY22 profit growth
• South32 share price gains ground on record FY22 earnings and special dividend

Motley Fool contributor James Mickleboro has positions in 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 recommended COSTA GRP FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/2nvXmAH

I believe that the ASX dividend shares worth investing in are companies with good foundations to grow profit over time. It’s hardly worthwhile investing in a business for a yield of a few per cent if it’s a big risk that the share price could fall much more in value.

This is why there aren’t too many ASX companies that I’d buy for dividend income. But, I believe the two ASX dividend shares details below are attractive for their underlying earnings growth, the starting dividend yield and dividend growth potential.

With that in mind, here’s my pick of two leading candidates for defensive dividends.

Rural Funds Group (ASX: RFF)

This real estate investment trust (REIT) invests in farmland around Australia.

It has a portfolio across several different agricultural industries, including almonds, macadamias, cattle, vineyards and cropping (sugar and cotton).

Rural Funds aims to grow its distribution for investors by 4% per annum. Inclusive of franking credits, Rural Funds expects to pay a distribution per unit of 12.2 cents in FY23, which translates into a forward distribution yield of 4.7%.

More than 40% of Rural Funds’ rental revenue is linked to CPI inflation, so the higher rate of inflation can help its rental profit.

The ASX dividend share recently revealed that 52% of its adjusted total assets had been revalued during the second half of FY22. This saw a rise in value of $118 million, or $0.31 per unit.

Sonic Healthcare Ltd (ASX: SHL)

Sonic is one of the ASX market’s largest healthcare shares. It has pathology operations in several countries, including Australia, the United States, Germany, the United Kingdom, Switzerland and Belgium. Radiology and clinical services are two other areas of focus in Australia.

The ASX dividend share has benefited from a lot of COVID-19 testing revenue. This has allowed it to make some acquisitions (for a total of $628 million in FY22) to boost its earnings profile for the long term. But COVID testing does continue. In July 2022, the first month of FY23, it saw $94 million of COVID-related revenue.

Sonic is also seeing a return to stronger growth for its non-COVID revenue. In July 2022, the base business organic revenue rose by 3.9% year over year. The base business saw 2% revenue growth in FY22.

The company has a “progressive dividend strategy” which is expected to continue in FY23 “and beyond”. It has grown its dividend in most years over the past three decades. FY22 saw the total dividend increase by 10% to $1.00 per share. That means the FY22 grossed-up dividend yield is 4%.

In addition, Sonic Healthcare’s partnership with artificial intelligence business Harrison.ai could unlock the next generation of services for patients.

FY23 could be a strong year for the base business due to a backlog of testing that was postponed during the pandemic.

Over the longer term, it can benefit from other growth drivers such as “ageing and growing populations, preventative medicine and new tests.”

I think these factors can help earnings and grow the dividend over time.

The post 2 leading ASX dividend shares I’d buy for long-term income appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are the top 10 ASX 200 shares today
• Sonic Healthcare share price charges higher on 10% FY22 dividend boost
• Here are top 2 ASX dividend shares with growing yields
• Here are the top 10 ASX 200 shares today
• 2 ASX All Ords shares I’d buy before they report in August

Motley Fool contributor Tristan Harrison has positions in RURALFUNDS STAPLED. 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 RURALFUNDS STAPLED. The Motley Fool Australia has recommended Sonic Healthcare Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/S07LjQy

One fund manager has revealed that he’s recently increased his exposure to ASX shares involving the production of rare earth elements.

Currently China is overwhelmingly the dominant global producer of the 15 elements that make up the group of rare earths.

According to Datt Capital chief investment officer Emanuel Datt, the tense current and prospective geopolitical situation has lit a fire under the fortunes of companies that extract these valuable minerals.

“Should the Taiwan situation worsen and/or should China use force to control Taiwan, it’s likely there will be sanctions on goods sold to China and restrictions of the supply of strategic materials exported by China.”

Datt’s worries are underlined by this week’s visit of US senator Marsha Blackburn to Taipei. That marked the third visit to Taiwan by American legislators this month, which has infuriated Beijing.

China considers the democratic island a part of its country and discourages other nations from recognising its sovereignty.

“I will not be bullied by Communist China into turning my back on the island,” said Blackburn.

“Taiwan is our strongest partner in the Indo-Pacific Region. Regular high-level visits to Taipei are long-standing US policy.” 

If China caused a worldwide rare earths shortage…

Datt fears that a cornered China could hold the world to ransom.

“China produces around 80% of the rare earth elements globally,” he said.

“And given their critical nature in the production of a wide range of modern technologies, a logical first step would be China restricting this supply to the rest of the world in which it is in disagreement.”

As such, Datt has started piling into ASX shares that are involved with rare earths production.

He named five stocks that fit the bill:

• Lynas Rare Earths Ltd (ASX: LYC)
• Iluka Resources Limited (ASX: ILU)
• Hastings Technology Metals Ltd (ASX: HAS)
• Dreadnought Resources Ltd (ASX: DRE)
• Lanthanein Resources Ltd (ASX: LNR)

Datt himself has bought Lynas, Dreadnought and Lanthanein shares.

Lynas reported bumper annual results on Friday, sending its share up 1.46%.

The company is globally “the gold standard” for rare earths producers, according to Datt.

“It is an integrated producer with downstream processing facilities located in Malaysia and upstream operations in Western Australia,” he said.

“Its customers are primarily Japanese and other nationalities who wish to diversify their supply from non-mainland Chinese sources.”

The other two players are in an exploratory stage.

“Dreadnought has made a new rare earth discovery with initial results demonstrating grades almost 3 times that of Hastings’ deposit which is situated a short distance to the north,” said Datt.

“Lanthanein has defined similar early rock chip samples as Dreadnought, which sits in a similar geological context. However, with a superior heavy rare earth ratio.”

The post 5 ASX shares that could rocket from a rare earths crisis: expert appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Guess which ASX All Ords share rocketed 15% on a rare earths deal with Twiggy Forrest
• Lynas share price lifts off on rocketing FY22 profits
• Lynas share price on watch after 244% profit jump, doubling revenue
• Guess which ASX 200 share just upped its dividend by 108%
• These three ASX 200 shares rocketed higher on earnings updates today

Motley Fool contributor Tony Yoo 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.

from The Motley Fool Australia https://ift.tt/jV73BxO

If you’re looking to add some high quality shares to your investment portfolio, then you might want to look at the blue chip ASX 200 shares listed below.

Here’s why experts are tipping these blue chip ASX 200 shares as ones to buy right now:

Goodman Group (ASX: GMG)

Goodman could be a blue chip ASX 200 share to buy. It is a global integrated commercial and industrial property company with a growing world class portfolio of in-demand properties.

Goodman continued its strong growth in FY 2022, delivering a 25.3% increase in operating profit to $1,528 million. It also revealed that its development work in progress was up 28% to $13.6 billion.

Goldman Sachs was impressed with its results and remains very positive on the future. In response to the release, the broker commented:

GMG continues to demonstrate its strong platform and positioning as evident in today’s result, supported by our expectation of a strong outlook for the Industrial sector more broadly, with a number of favourable fundamentals underpinning future long-term demand for industrial space. We expect solid rental growth as demand for high quality logistics space continues to outpace available supply.

Goldman has a buy rating and $25.40 price target on its shares.

SEEK Limited (ASX: SEK)

Another blue chip ASX 200 share that could be in the buy zone is Seek. It is of course the ANZ region’s leading job listings company.

After a difficult time during the pandemic, Seek has bounced back incredibly strongly. For example, during FY 2022, the company delivered a 47% increase in revenue to $1,116.5 million and an 81% jump in net profit after tax to $245.5 million.

This went down well with the team at Morgans, which upgraded its shares following the release. Morgans commented:

It was a strong FY22 result overall in our view, however additional IT project spend (platform unification) was a surprise to a degree. We lower our FY23-FY25 EPS estimates by ~7-14% factoring in the provided guidance, additional incremental IT investment spend, and further conservatism around opex normalisation/spend over our forecast period. Our price target is lowered $29.40 on the above changes. Whilst we expect job ad volume growth to normalise, we believe SEEK has levers to pull (i.e. price) to continue to drive yield. We move to an ADD recommendation.

Morgans has an add rating and $29.40 price target on its shares.

The post Experts name 2 blue chip ASX 200 shares to buy appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are 2 ASX shares that Morgans rates as buys
• 3 buy-rated ASX 200 shares that analysts love
• Top brokers name 3 ASX shares to buy today
• Goldman Sachs tips huge returns for the Goodman share price
• Why Bendigo and Adelaide Bank, Challenger, Seek, and Sims shares are dropping

Motley Fool contributor James Mickleboro has positions in SEEK 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 recommended SEEK Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/jfc1PVW

Due to the market volatility this year, a number of exchange traded funds (ETFs) are trading sharply lower year to date.

Two such ETFs are listed below. Here’s why this weakness could make them worth considering for long term focused investors:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for ASX investors to look at is the BetaShares Asia Technology Tigers ETF. Since the start of the year, its units have lost 25% of their value.

As this ETF gives investors easy exposure to many of the Asian region’s most exciting technology shares, this weakness could be a buying opportunity for long term focused investors.

After all, the ~50 tech companies included in the fund are leading Asia’s technological revolution and have huge long term growth potential in the massive market.

Among the ETF’s holdings are giants such as Alibaba, Baidu, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent. In respect to Baidu, it is the search engine giant regarded as the Google of China. It is also an artificial intelligence leader and is aiming to be an autonomous vehicle powerhouse.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another beaten down ETF for ASX investors to consider is the BetaShares Global Cybersecurity ETF. This ETF has tumbled 18% lower since the start of the year.

This could prove to be a buying opportunity for long term investors given the massive potential of the global cybersecurity sector, which continues to experience growing demand as more infrastructure shifts to the cloud and cyber attacks increase.

Among the companies you’ll be owning with the ETF are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk. In respect to Okta, it is a leading provider of workforce identity solutions. It provides cloud software that helps companies manage and secure user authentication into applications.

The post 2 beaten down ETFs for investors to buy and hold appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Why I think these 2 ASX shares are bargain buys
• Love tech? Here are 2 excellent ETFs for ASX tech investors
• 2 exciting ETFs for ASX investors to buy today
• Why the BetaShares ASIA ETF is 50% below its former glory
• 3 ETFs for ASX investors to buy right now

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. 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.

from The Motley Fool Australia https://ift.tt/4Z7gBTR

Looking for growth shares to buy? Listed below are three that are rated as buys by analysts.

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

Aristocrat Leisure Limited (ASX: ALL)

The first ASX growth share to look at is Aristocrat Leisure. It is one of the world’s leading gaming technology companies with a portfolio of world class pokie machines and a growing digital business. The latter has become a significant contributor to its earnings in recent years thanks to the increasing popularity of games such as Raid. And while Aristocrat missed out on acquiring London-listed leading global online gambling software and content supplier Playtech, it still has its eyes set firmly on the real money gaming market. This could be a significant growth driver in the coming years.

Morgans is positive on the company and has an add rating and $43.00 price target on its shares.

Life360 Inc (ASX: 360)

Another ASX growth share that could be a buy is Life360. It is the growing technology company behind the eponymous Life360 mobile app. This highly popular app offers families useful features such as communications, driver safety, and location sharing. At the last count, the company had over 40 million active users. This is underpinning significant recurring revenue and opening up huge cross selling opportunities.

Bell Potter is a big fan of Life360 and has a buy rating and $8.23 price target on its shares.

ResMed Inc. (ASX: RMD)

Finally, ResMed could be a growth share to buy. It is a sleep treatment-focused medical device company that has been tipped to grow strongly over the long term. This is thanks to its industry-leading products and massive market opportunity. Management estimates that there are 1 billion people impacted by sleep apnoea worldwide, with only ~20% of these sufferers diagnosed.

Goldman Sachs is bullish on ResMed and has a buy rating and $36.80 price target on its shares.

The post 3 top ASX growth shares analysts rate as buys appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are the top 10 ASX 200 shares today
• 3 buy-rated ASX 200 shares that analysts love
• Is this ASX 200 share ESG-challenged or a recession-proof buy?
• Brokers name 2 blue chip ASX 200 shares to buy
• Why ‘the outlook is very bullish’ for the Resmed share price: Tribeca

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

from The Motley Fool Australia https://ift.tt/aHF6dfm

It has been a challenging couple of weeks for the Beach Energy Ltd (ASX: BPT) share price.

The energy provider released its full-year results on 15 August, reporting an increase across key financial metrics despite production falling.

The board also opted to maintain its upcoming dividend to shareholders.

However, this wasn’t enough to stop the bloodshed with its shares falling 11.08% on the day.

At market close on Friday, the Beach Energy share price finished trading at $1.76, up 0.28%.

Let’s take a look below at what you need to know in regard to the latest dividend.

What’s the deal with the Beach Energy final dividend?

The Beach Energy share price has backtracked recently as investors vented their frustration following the company’s financial scorecard.

The company is set to pay out 1 cent per share to wrap up the 12 months that ended 30 June 2022. That means the company has decided to keep the dividend at the same price since its interim results in 2016.

Beach Energy will pay the final dividend to eligible shareholders on 30 September.

However, to be eligible you’ll need to own the company’s shares before the ex-dividend date which falls on 30 August. This means if you want to secure the dividend, you will need to purchase the company’s shares before market close next Monday.

It is worth noting that on the ex-dividend day, the share price traditionally falls in proportion to the dividend amount.

The dividend is fully franked which means that investors will receive tax credits for this.

Based on Friday’s closing price, Beach Energy has a dividend yield of 1.2% and a market capitalisation of $4 billion.

The post Hoping to bag the next Beach Energy dividend? Here’s what you need to do appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 5 things to watch on the ASX 200 on Friday
• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday
• ASX reporting season weekly wrap: Winners and losers
• Here are the top 10 ASX 200 shares today

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 Scott Phillips.

from The Motley Fool Australia https://ift.tt/N5yrR3h

We might be on the home stretch of ASX reporting season but there are still some big S&P/ASX 200 Index (ASX: XJO) shares yet to report.

Keep your eyes peeled for financial results from these three popular ASX 200 shares next week.

A2 Milk Company Ltd (ASX: A2M)

To kick things off, former ASX 200 market darling A2 Milk will lift the lid on its full-year results on Monday.

The A2 Milk share price has taken centre stage in recent weeks as the company tries to crack into the United States’ infant formula market.

In unfortunate news for shareholders, these plans remain stalled as the company awaits approval from the US Food and Drug Administration (FDA).

This comes despite the FDA granting rival Bubs Australia Ltd (ASX: BUB) approval in May to ship 1.25 million tins of baby formula to the US.

Analysts at Bell Potter are expecting A2 Milk to report FY22 sales of NZ$1,407.2 million, reversing its fortunes from the first half of the year to deliver 17% growth.

Bell Potter is also expecting a rebound in A2 Milk’s profits, pencilling in an adjusted net profit after tax (NPAT) of NZ$108.6 million, up 35% year on year.

Fortescue Metals Group Limited (ASX: FMG)

Fortescue is another ASX 200 share preparing to release its full-year results on Monday.

Investors have already been given a preview of what to expect through the company’s quarterly production reports.

In the latest fourth-quarter update, Fortescue reported record iron ore shipments of 49.5 million tonnes and average revenue of US$108 per dry metric tonne.

As a resources business, Fortescue’s short-term success is largely tied to the performance of the iron ore price.

But looking further afield, the company has big plans for green energy through its Fortescue Future Industries business. 

Analysts at Goldman Sachs are expecting Fortescue to declare a fully franked final dividend of 99 cents. This would bring total FY22 dividends to $1.85, down nearly 50% compared to the prior year.

Even still, Fortescue shares would be sporting an eye-catching prospective dividend yield of 10%. That said, the sustainability of this yield is coming into question.

Woodside Energy Group Ltd (ASX: WDS)

According to our Foolish ASX reporting season calendar, Woodside will release its first-half FY22 results on Tuesday.

The company completed its multi-billion-dollar merger with BHP Petroleum on 1 June 2022. So, these results should include one month’s contribution from BHP’s oil and gas portfolio.

The Woodside share price is having a stellar run this year. While the broader ASX 200 retreats on concerns of soaring inflation and rising interest rates, Woodside shares have jumped an impressive 56% on the back of booming oil prices.

In fact, the Woodside share price hit a two-year high during the week.

Like Fortescue, Woodside also releases quarterly production reports.

Its most recent second-quarter update disclosed an average realised price of $95 per barrel of oil equivalent. This helped the company to generate quarterly revenue of $3.4 billion, up an impressive 44% compared to the first quarter of 2022. 

Woodside shares are currently trading on a trailing 12-month dividend yield of 5.2%.

The post Earnings preview: Here are 3 ASX 200 shares reporting next week appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Guess which ASX All Ords share rocketed 15% on a rare earths deal with Twiggy Forrest
• Here are the top 10 ASX 200 shares today
• A2 Milk share price lags ASX 200 ahead of Monday’s earnings result
• Fortescue share price rises ahead of Monday’s earnings result
• 5 things to watch on the ASX 200 on Friday

Motley Fool contributor Cathryn Goh 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 A2 Milk and BUBS AUST FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/cCfbvGD

The past few years ASX investors have seen the COVID-19 pandemic and a war in Ukraine unexpectedly rattle their portfolios.

So what’s the next surprise that could rock ASX shares?

One expert reckons social unrest is “likely” to become the next big issue for investors as the calendar heads towards the northern winter.

DeVere Group chief executive Nigel Green warned that the risk of “large-scale social unrest” is a headwind that is being largely overlooked at the moment.

“The global cost of living crisis is the major contributing factor,” he said.

“When people can’t feed their families, get to work or take their kids to school due to high fuel prices, or heat their homes, it’s an almost inevitable recipe for large-scale civil unrest.”

A winter energy crisis is coming

Europe is in a precarious economic state as it deals with the withdrawal of a huge energy source in Russia.

A combination of economic sanctions and Russia’s retaliation for those very penalties has led to the Nord Stream gas pipeline to be supplying only 20% of capacity.

With a cold winter looming, an entire continent is about to suffer in ways Australians can only imagine.

“Red-hot food and fuel prices are the most painful type of inflation,” said Green.

“Should the prices of smart TVs jump, people can delay buying one. But they cannot stop feeding themselves or their families. Similarly, the costs of transportation make up the price of almost everything we buy.”

Already several southern European countries are teetering on the brink of economic disaster. Political tension has bubbled up in Italy to levels not seen since the global financial crisis 14 years ago. 

People will get angry when there’s not enough to eat

Green warned that the world is building up to “a food availability crisis” next year.

“Soaring food and energy prices triggered, by unprecedented shipping backlogs or shortages of materials and labour, COVID lockdowns in China, and the war in Ukraine, known as ‘the world’s breadbasket; as it’s one of the world’s leading exporters of corn, wheat, barley and sunflower oil, amongst other staples.”

The trouble is that once confidence is dented, the whole economy can get itself into a vicious circle that’s difficult to get out of.

“The downturn in the property market, slower economic growth — which leads to more uncertainty, less business investment, more redundancies and less cash available for governments — all adds to a perfect storm scenario.”

Ignoring social unrest could be ‘a costly mistake’

All these factors mean that disruptions from social unrest are a real possibility.

But the trouble is that those in political and financial power have an incentive to talk up the situation, rather than point out the anger bubbling in the populace.

“Mass social unrest is not talked about enough, likely due to high-level political and commercial interests,” said Green.

“However, if you’re serious about protecting and growing your money over the next six months it should be a major concern. Not paying attention could be a costly mistake.”

The post ‘Pay attention’: Expert names surprise that could shock ASX investors appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• ASX 200 reporting season weekly wrap: Top risers and fallers
• Goldman Sachs names 2 ASX shares to buy right now
• Guess which ASX All Ords share rocketed 15% on a rare earths deal with Twiggy Forrest
• Aeris Resources share price drops after 90% profit plummet
• 3 ASX healthcare shares punished following full-year results

Motley Fool contributor Tony Yoo 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.

from The Motley Fool Australia https://ift.tt/euYCGBv

We reached the pinnacle of ASX reporting season this week as a swarm of S&P/ASX 200 Index (ASX: XJO) shares pulled back the curtain on their financial results.

As always, it was a mixed bag as some ASX 200 shares received gold stars from investors, while others left much to be desired.

The ASX 200 index ultimately trickled 0.1% lower but some ASX 200 shares were moving more than most.

Here’s a round-up of the biggest ASX 200 movers this week.

ASX 200 winners

The Altium Limited (ASX: ALU) share price led the way this week, lighting up 19% as the company’s FY22 results beat guidance. The ASX 200 tech share delivered revenue growth and earnings margins ahead of expectations, with analysts at Bell Potter describing it as a “cracking result”.

The Pilbara Minerals Ltd (ASX: PLS) share price was also a standout. The ASX 200 lithium share clocked up a weekly gain of 16% as its FY22 results impressed the market. A booming lithium industry propelled Pilbara’s revenue to $1.2 billion, up 577% year on year, as the company declared a maiden $560 million profit.

Fellow ASX lithium share Allkem Ltd (ASX: AKE) found itself in the winners’ column as well. The Allkem share price shot up 13% across the week as FY22 delivered record production and sales.

The Bega Cheese Ltd (ASX: BGA) share price also punched higher, soaring 11% across the week. Supply chain bottlenecks and other COVID-related challenges led to a 69% fall in profit after tax. But the company still managed to increase its interim dividend.

Last but not least, the Paladin Energy Ltd (ASX: PDN) share price found its groove, gunning 11% higher across the week. The uranium company handed in its FY22 results on Friday, but it was an announcement from the prime minister of Japan that had the market excited.

ASX 200 losers

The City Chic Collective Ltd (ASX: CCX) share price held the unfortunate title of the ASX 200’s biggest weekly detractor. The ASX 200 retail share suffered a precarious 26% fall as the company’s inventory balance ballooned, leading to negative operating cash flow.

The Adbri Ltd (ASX: ABC) share price was also feeling worse for wear, crumbling 18% across the week. Despite half-year revenue climbing 8%, net profit after tax (NPAT) fell by 15% on the back of various operational challenges.

The week brought more pain to the EML Payments Ltd (ASX: EML) share price, which endured a 16% drop. While the market reacted positively to EML’s FY22 results, a follow-up announcement disclosing yet another instance of fraud led to the sell-off.

The Nanosonics Ltd (ASX: NAN) share price also took a bath this week, tumbling 15%. It appears the company’s FY22 results and forward guidance weren’t enough to satisfy the market as it transitions to a largely direct sales model in North America.

Finally, the Kelsian Group Ltd (ASX: KLS) share price also lost its legs, backpedalling 14% across the week. Formerly known as SeaLink Travel, Kelsian delivered 13% revenue growth in FY22 and marginally increased its final dividend against a backdrop of challenging operating conditions.

The post ASX 200 reporting season weekly wrap: Top risers and fallers appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Here are the top 10 ASX 200 shares today
• City Chic share price dives another 12% in dire week
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Here’s everything you need to know about the latest Bega dividend
• Why City Chic, Macquarie Telecom, Polynovo, and Smartgroup shares are sinking

Motley Fool contributor Cathryn Goh has positions in Altium and EML Payments. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Altium, EML Payments, and Nanosonics Limited. The Motley Fool Australia has positions in and has recommended EML Payments and Nanosonics Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/YPXhREi