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The 1300 Smiles Limited (ASX: ONT) share price hit another record high today despite there being no news out of the company. At the time of writing, the 1300 Smiles share price is sitting 4.26% higher at $6.85, after being as high as $6.9 in intraday trading today.

The company has had a successful 2020, with its shares rebounding strongly from the COVID-19 market rout. The 1300 Smiles share price has gained more than 43% since its lows in early March.

Bundaberg practice

One possible reason for the company’s recent strong share price performance is its acquisition of a new practice in Bundaberg. On 24 November, the company expanded its footprint further into the Wide Bay region in Queensland. The new practice adds to its two existing Bundaberg practices.

Commenting at the time, 1300 Smiles managing director, Dr Daryl Holmes, said:

This is an exciting acquisition as we already have two well established practices in the area. It will ensure that we can service the Wide Bay area even further. We look forward to welcoming the team of dentists and support staff to 1300SMILES following completion.

Successful AGM

1300 Smiles also highlighted the company’s strong revenue in the first quarter of 2021 at its annual general meeting (AGM) on 26 November. As such the health care share saw revenue increase by 16%.

Management also noted the strong recovery post COVID-19. Since the easing of restrictions in May, trading has been strong, driven in part by latent demand and new patients.

Also positive was the reduction in net debt. Despite the challenges of the pandemic, net debt reduced by 15% from $8.3 million to $7.1 million – a result of debt repayment. This leaves the company in a position to take advantage of future capital projects as they become available.

What now?

With the 1300 Smiles share price gaining 10% in the past year, the company has outlined a plan to continue its growth.

Management noted that profits would be increased by attracting more dentists to its existing facilities and expanding those facilities which are already at full capacity. Moreover, 13300 Smiles will place a priority on assisting dentists who already practice with the company to increase turnover and income.

Furthermore, 1300 Smiles suggested the need to establish new practices, both in areas of existing presence and into new regions.

More reading

• Why the Elixinol (ASX:EXL) share price popped 43% today
• RBA pushing share prices up, not helping economy: experts
• Here’s why the Fenix (ASX:FEX) share price rocketed up 26% today
• Element 25 (ASX:E25) tumbles on latest PFS update
• 2 ETFs for ASX tech investors to buy today

Motley Fool contributor Daniel Ewing has no position in any of the stocks mentioned. The Motley Fool Australia has recommended 1300SMILES Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Elixinol Global Ltd (ASX: EXL) share price soared today, after it was announced that the United Nations (UN) has rescheduled its classification of cannabis. According to the company, this is expected to favourably impact its global business.

The Elixinol share price went flying as a result, gaining 43.24% today. This takes shares in the company up to a price of 26 cents.

What happened

Today it was announced that the UN has officially rescheduled cannabis, after the UN’s Commission on Narcotic Drugs (CND) voted to accept the World Health Organization’s recommendation.

Moreover, the vote acknowledged the medicinal usefulness of cannabis and clarified that cannabidiol (CBD) is not under international drug control.

What now for Elixinol 

As the company noted, the news is expected to have a substantial impact on Elixinol’s ability to drive product sales in Europe and other countries influenced by UN decision-making.

Nonetheless, it is just the latest signal in the global relaxation of regulations surrounding CBD. It follows last week’s landmark ruling from the EU’s highest court that CBD “does not appear to have any psychotropic effect or any harmful effect on human health.”

Management comment

Elixinol CEO Oliver Horn was understandably pleased with the news, saying:

This is possibly the most important day for cannabidiol – or CBD since it was scheduled as a narcotic in 1961. Since that time, substantial resource has been deployed into understanding CBD and while we have long understood its significant therapeutic value, international scheduling has held it back. This UN vote recognises CBD’s potential, which we believe will positively impact Elixinol’s ability to conduct business in our key regions. Over the last two years we’ve already built a substantial base in Europe which has contributed significantly to our recent performance and from which we can now unlock new value. Given the significant influence of the UN, we also expect positive follow-on effects into other countries where we operate.

Investors are clearly also seeing the upside, with the Elixinol share price soaring by more than 43%.

More reading

• ASX stock of the day: Elixinol Global (ASX:EXL) shares blaze new highs

Motley Fool contributor Daniel Ewing has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Experts are openly criticising the Reserve Bank of Australia’s (RBA) current strategy, saying it doesn’t actually help the economy.

In response to the COVID-19 recession, the RBA has cut interest rates to near-zero. It has also performed quantitative easing to reduce yield on government bonds, which cynics label “printing money”.

However, the latest figures this week showed Australia was recovering remarkably well, with the gross domestic product expanding 3.3% in the September quarter.

BetaShares chief economist David Bassanese said long-term ultra-low rates would pump up asset prices, such as for shares, but could harm the country.

“The RBA’s promise to keep interest rates at near-zero for a further 3 years appear dangerous to my mind, as together with a recovering economy it could well spark a speculative surge in asset prices,” he said.

“The RBA to my mind, as with other central banks around the world, is mistakenly still fighting the last war – as globalisation and technology have slain inflation dragon.” 

The central bank is trying to get Australians to spend more in consumer goods and services. But people will instead plough their money into assets, like shares and property, which add nothing to the economy.

“Low interest rates seem more likely to spark a destabilising rise in asset prices than much higher consumer price inflation over the next few years,” Bassanese said.

‘Bordering on policy error’

Even before this week’s optimistic GDP figures, Wilson Asset Management lead portfolio manager Matthew Haupt warned of RBA creating asset bubbles.

“I really believe it is bordering on a policy error,” he said in a Wilson video last month.

“It is at the end of the lockdown period, our economy was reopening and you have a vaccine coming now, so I think the QE will distort some of the market prices in Australia.”

RBA’s initial COVID-19 response in March was “very good”, according to Haupt. But the second wave of assistance in November came too late.

“The market is looking at this response as being too late and now it is actually going against what the RBA was trying to deliver, which was lowering the Aussie dollar,” he said.

“It should have been earlier and I believe it could cause some areas of concern around some of the valuations in Australia as well.”

Wilson portfolio manager John Ayoub agreed, saying the RBA is doing too much too late.

“They are doubling down at the wrong time – and by doubling down at the wrong time it will likely back us up a little bit compared to the rest of the world.”

More reading

• Here’s why the Fenix (ASX:FEX) share price rocketed up 26% today
• Element 25 (ASX:E25) tumbles on latest PFS update
• 2 ETFs for ASX tech investors to buy today
• Is the housing market safe in 2021?
• Why the IntelliHR (ASX:IHR) share price rocketed 26% higher to a 52-week high

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Fenix Resources Ltd (ASX: FEX) share price rocketed up 26% today on news it has secured a deal with Geraldton Port. The agreement will allow the company to export 1.25 million tonnes per annum of iron ore using the port’s shiploader.

At the time of writing, the Fenix share price is trading at 21.5 cents, in a day where share prices of iron ore producers on the ASX have broadly risen.

About today’s agreement

Fenix signed binding port access and lease agreements with Mid West Ports Authority (MWPA), operator of the Port of Geraldton in Western Australia.

These agreements will secure for Fenix a port allocation of 1.25 million tonnes per annum of iron ore, to be exported utilising the Berth 5 shiploader.

The term of the lease is four years, with two additional two-year extensions at Fenix’s discretion.

Fenix says the deal will support the company’s flagship Iron Ridge Project, which has been in development since September and is due to start mining, crushing, and road transport operations this month.

The Geraldton Port is located around 490km by road from the Iron Ridge Project.

Fenix managing director, Rob Brierley, said:

We have been working closely with MWPA for well over a year, and it has now culminated into significant commercial agreements that enable Fenix to commence iron ore production and to export its first shipment of product early in the new year.

A quick take on Fenix Resources

Fenix is  engaged in exploration of iron, base metals, and precious metals in Western Australia. Company projects include its flagship, the Iron Ridge Project in the Pilbara region of WA.

The feasibility study of Iron Ridge was completed in November 2019. It found that the high-grade and high-quality mine has the potential to provide strong returns over its life of mine.

Specifically, the study concluded a maiden ore reserve of 7.76 million tonnes at 63.9% iron, which underpins its forecast annual production of 1.25 million tonnes for a mine life of around 6.5 years.

About the Fenix share price

The Fenix share price has surged by more than 283% in 2020, coming from a low share price of 5 cents in January. The Fenix share price is currently closing in on its 52-week high of 22.7 cents. The company commands a market cap of $67 million.

More reading

• Element 25 (ASX:E25) tumbles on latest PFS update
• 2 ETFs for ASX tech investors to buy today
• Is the housing market safe in 2021?
• Why the IntelliHR (ASX:IHR) share price rocketed 26% higher to a 52-week high
• Althea (ASX:AGH) share price lifts 10% today. Here’s why

Motley Fool contributor Eddy Sunarto has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Element 25 Ltd (ASX: E25) share price crashed even as it posted an upbeat update on the ASX.

Shares in the emerging manganese miner tanked over 10% to $1.31 in the last hour of trade. The sell-off comes despite this being a positive day for miners.

ASX miners leading the S&P/ASX 200 Index (Index:^AXJO) higher today as a surge in the iron ore price and the impending approval of a COVID‐19 vaccine is lifting the sector.

Element 25 share price takes a hit

Element 25 provided an update to its Pre-Feasibility Study (PFS) that was released in May. The miner added “expansion case options” which indicated that its Butcherbird project could be worth as much as $1.1 billion on a pre-tax basis.

This compares to its base case net present value estimate of $583 million (pre-tax) with a mine life of 40 years and an internal rate of return of 337%.

What’s more, management highlighted the low capital requirement for the project of $17 million plus another $3.2 million for working capital.

Fast payback and cashflow

The average operating cash flow from Butcherbird is estimated to be $39.6 million a year in the first five years of production under the base case.

This gives the project a simple payback period of six months from first production. That’s a very short payback period.

“Beneficial production is scheduled to commence in Q1 2021,” said the miner in its ASX statement.

“The base case involves the annual production and sale of 364,000tpa (Yr 1-5 range 300,000-390,000) of lump manganese ore grading 30-35% Mn.

“Mining requires no drill and blast, utilising dozer ripping and mining with loaders or excavators.”

No upgrade to Butcherbird resources

However, management made no changes to its reserve estimates. Proven and probable ore reserve still stands at 50.55 million tonnes (Mt) at 10.3% manganese (Mn) containing 5.22Mt Mn.

While the project’s Native Vegetation Clearing Permit (NVCP) and Project Management Plan (PMP) have been approved, Element 25 is still waiting for its mining proposal, works approval and water abstraction approvals.

Element 25 share price still near record highs

The big drop in the Element 25 share price may look alarming, but it should be taken into context. The E25 share price surged by nearly 700% since the start of calendar 2020 even with today’s loss.

It’s unlikely that shareholders would be too worried, especially given the outlook for electric vehicles. Element 25’s manganese is meant to be used in batteries.

More reading

• Is the housing market safe in 2021?
• Is Rio Tinto (ASX:RIO) share price a better buy than BHP (ASX:BHP) share price?
• Here are the ASX bank shares rated as a buy today
• Can OPEC deliver more share price gains for Santos (ASX:STO) and Woodside (ASX:WPL)?
• Why ASX iron ore stocks like the Fortescue (ASX:FMG) share price are surging today

Motley Fool contributor Brendon Lau has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Looking for more information on popular tech-focused exchange traded funds (ETFs)? Then read on!

Below are two popular ETFs which have been performing strongly for investors in 2020. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The BetaShares Asia Technology Tigers ETF share price has risen an impressive 52.5% since the start of the year. Investors appear to be attracted to the fund due to its exposure to some of the most promising technology companies in the world.

BetaShares Asia Technology Tigers gives investors access to a total of 50 of the largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan). This means investors will be buying a slice of tech giants such as Alibaba, Baidu, JD.com, and Tencent Holdings.

BetaShares notes that due to its younger, tech-savvy population, Asia is surpassing the West in respect to technological adoption. In light of this, the sector is expected to remain a growth sector for a long time to come.

BetaShares Global Cybersecurity ETF (ASX: HACK)

The BetaShares Global Cybersecurity ETF share price hasn’t performed quite as strongly as the one above, but it is still beating the market. Since the start of the year, it has provided investors with a return of 10.2%.

As its name implies, the BetaShares Global Cybersecurity ETF has been designed to track the performance of an index that provides exposure to the leading companies in the global cybersecurity sector.

BetaShares points out that with cybercrime on the rise, demand for cybersecurity services is expected to grow strongly for the foreseeable future. In addition to this, there is very little exposure to this thematic on the Australian share market, which makes this ETF a unique opportunity for investors.

Included in the fund are both global cybersecurity giants and emerging players from a range of global locations. Among its top holdings you’ll find Crowdstrike, Okta, Accenture, Cisco, and Cloudflare.

More reading

• 4 ASX growth shares to buy in December
• Why this ASX cybersecurity ETF is a buy today
• 2 ETFs that are very popular with ASX investors
• 2 growth-focused ETFs rated as buys
• 2 ETFs that ASX investors need to know about

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 BETA CYBER ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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We Fools are normally in the business of covering the share markets, the S&P/ASX 200 Index (ASX: XJO) and everything in between. We don’t normally stray into in that other market of utmost importance to the Aussie consciousness – property.

But the two are at least interconnected and rely on one another for support. For example, if the property market was to crash tomorrow, how do you think the share prices of the ASX banks (which make up almost a fifth of the ASX 200) would react?

Rhetorical questions aside, it’s property we will be discussing today. A lot has been said, and speculated, about the impact of coronavirus on the housing market, both in 2020 and the flow-on effects over the next few years. Since we are in uncharted territory with the pandemic situation, predictions are varied, to say the least.

But reporting in the Australian Financial Review (AFR) today is unequivocal on the future of the Australian property market: ‘they will never let a housing crash happen’.

The AFR reports that property research company SQM Research is predicting that the government sees housing as ‘too big to fail’ from a political standpoint, and thus will take steps to insulate the property market from experiencing a major correction or collapse.

How will property go in 2021?

The SQM research posits 4 different scenarios for housing in 2021. All are based on variations of future government fiscal stimulus (particularly possible extensions of the JobKeeper program), the success of a coronavirus vaccine candidate, and the level of monetary policy support from the Reserve Bank of Australia (RBA).

Importantly, the modelling predicts either flat or positive growth under all 4 scenarios.

The ‘base case’ is actually the most accretive for the property market. It assumes that the RBA will leave interest rates unchanged at 0.1% and expand its quantitative easing (QE) programs. It also assumes a progressive rollout of a COVID-19 vaccine, a possible third wave of infections, and a JobKeeper extension to 30 September 2021. Under this scenario, the model forecasts average capital city property prices to rise between 5-9% in 2021.

However, even the ‘worst case’ model, which sees no change to existing RBA policy, a phased-out-as-planned JobKeeper, a third wave of infections, and a progressive rollout of a vaccine, the modelling suggests capital city price growth of between 0-4%.

Both of the other scenarios, which involve permutations of the above outcomes (including modelling for no COVID-19 vaccines in 2021) suggest average capital city growth of 2-6%.

I guess property investors don’t have a lot to lose in 2021, going by these numbers. And that’s probably good news for ASX shares too!

More reading

• Is Rio Tinto (ASX:RIO) share price a better buy than BHP (ASX:BHP) share price?
• Here are the ASX bank shares rated as a buy today
• Can OPEC deliver more share price gains for Santos (ASX:STO) and Woodside (ASX:WPL)?
• Why ASX iron ore stocks like the Fortescue (ASX:FMG) share price are surging today
• ASX 200 up 0.3%: Fortescue rockets, Afterpay sales explode, Westpac APRA update

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. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The IntelliHR Ltd (ASX: IHR) share price has continued its positive run and stormed higher on Thursday.

In fact, at one stage the human resources technology company’s shares were up 26% to a 52-week high of 36.5 cents.

At the time of writing, the IntelliHR share price is up almost 21% to 35 cents.

Why is the IntelliHR share price at a 52-week high?

Investors have been buying the company’s shares this week after the release of an investor day update.

At the event, the company reminded investors how it is performing in FY 2021 and its plans for the future.

In respect to the former, during the first five months of FY 2021, the company’s subscribers have increased 148% year on year and more than doubled since the end of the last financial year. It is now rapidly approaching 30,000 contracted subscribers, with 28,779 contracted as of 26 November.

This strong subscriber growth has underpinned an 81.3% jump in its contracted annual recurring revenue (ARR) to $2.8 million.

IntelliHR’s Managing Director, Rob Bromage, commented: “IntelliHR has always been built to be a Global HR Platform, and our ambition from the outset was to build a global business. It is tremendous validation of our team’s commitment to this vision that approximately 40% of our subscribers are now located outside Australia, and that 4 enterprise customers from across the globe have been added in the last 6 months alone.”

“This recent enterprise success has established our credibility as having a strongly differentiated people management solution which complements the needs of these clients, and we are pleased to see a strong enterprise pipeline emerging,” he added.

What about the future?

The company is currently working on phase three of its six phase growth strategy.

Phase 3 sees the company aiming to triple its sales capabilities by servicing three jurisdictions – Australia, New Zealand, and North America.

Once this is complete, it will move onto phase four. This will see the company heading to the UK and aiming to drive further growth in the United States by tripling its online sales and partnerships.

More reading

• intelliHR (ASX:IHR) share price surges 8% on rapid expansion

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Althea Group Holdings Ltd (ASX: AGH) shares are rocketing higher today after the company announced a wholesale supply agreement with a South African company. At the time of writing, the Althea share price has risen by 10% to 55 cents on news of the deal.

The agreement will enable the medicinal cannabis company to expand into the growing South African market.  

What was in the agreement?

Althea reported today it has signed a deal with South Africa-based company, AfriCann Ltd. Under the wholesale supply agreement, and following receipt of all required licenses and permits, AfriCann will import a range of Althea branded finished products for sale and distribution within South Africa.

Althea says the agreement represents a forecast revenue amount of approximately $650,000 over the initial term of 2.5 years. The first shipment is expected to be delivered to AfriCann in the second quarter of 2021.

The deal represents a significant opportunity, according to Althea, with the South African legal medicinal cannabis industry estimated to be worth approximately USD$667 million by 2023.

Commenting on the agreement, Althea CEO, Josh Fegan, said:

We continue to build the Althea brand in highly regulated medicinal cannabis markets across the globe, with South Africa adding to a growing list of territories including Australia, the United Kingdom, and Germany.

The agreement with AfriCann is an exciting development for the company and reinforces our position as one of the world’s leading medicinal cannabis brands.

What does Althea do?

Althea is an Australian licensed supplier and exporter of pharmaceutical grade, medicinal cannabis. 

In November, the company became the the first commercial supplier of Australian-made medicinal cannabis products in Germany, after obtaining approvals from the country’s health department.

The German medicinal cannabis market is said to be worth $2.4 billion, and an initial order of 2,000 products will be delivered by Althea to Germany this month.

Two days ago, Althea also announced that it has made inroads into the Canadian market, after sealing an agreement to manufacture United States cannabis brand Tinley’s products in Canada.

How has the Althea share performed in 2020?

The Althea share price has gained 45% in 2020 so far. The share price started the year at 38 cents, but dropped to as low as 15 cents in March at the height of the pandemic-led selloff.

The Althea share price reached a 52-week high of 67 cents in September and commands a current market capitalisation of $123 million.

More reading

• Why the Althea (ASX:AGH) share price soared 6% today
• Why the Althea (ASX:AGH) share price is climbing higher today
• Why Althea, BWX, Damstra, & GrainCorp shares are charging higher
• Althea (ASX:AGH) share price on watch following 2 new agreements
• ASX stock of the day: Elixinol Global (ASX:EXL) shares blaze new highs

Motley Fool contributor Eddy Sunarto has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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On Wednesday I looked at three ASX shares that brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three ASX shares that have just been given sell ratings by brokers are listed below.

Here’s why these brokers are bearish on them:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

According to a note out of Citi, its analysts have reiterated their sell rating and $67.40 price target on this pizza chain operator’s shares. Although the broker believes that its overall sales will remain solid in the near term, it is expecting its same store sales growth to soften in the second half of FY 2021 and in FY 2022. It fears this slowing growth could put pressure on its shares and lead to the de-rating of its earnings multiple. The Domino’s share price is trading at $81.56 this afternoon.

GPT Group (ASX: GPT)

Analysts at Morgan Stanley have retained their underweight rating and $4.00 price target on this property company’s shares. This follows its decision to sell its 25% stake in 1 Farrer Place, Sydney for $584.6 million. While this has reduced its gearing to conservative levels, it isn’t enough for a change of rating. The broker continues to believe that the next year or so could be difficult for new leases and renewals. The GPT share price is fetching $4.60 on Thursday.

Zip Co Ltd (ASX: Z1P)

Analysts at UBS have retained their sell rating but lifted the price target on this buy now pay later provider’s shares to $5.70. This follows the release of its trading update this week. According to the note, Zip has been performing better than it expected over the last couple of months. It was also pleased with its transaction frequency in the United States. However, it remains concerned that the end of government stimulus could impact sales growth and increase arrears. The Zip share price is changing hands for $5.96 this afternoon.

More reading

• Which ASX 200 sectors performed the best in November? 
• Why the Afterpay (ASX:APT) share price continues to dominate
• Why Appen, Chalice Gold Mines, Piedmont Lithium, & Zip shares are dropping lower
• ASX 200 down 0.2%: Zip’s November update, Mesoblast jumps, Westpac’s asset sale
• Zip (ASX:Z1P) share price higher after record November performance

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 recommended Domino’s Pizza Enterprises Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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