As featured in the Herald Sun on June 9th 2013 here are the latest buy, sell and hold recommendations
Buy Shares
Next DC (NXT) – Data-centre company is now approaching profitability. The sale-leaseback of its properties will provide NXT with the cash to pursue opportunities in this high-growth industry.
Ardent Leisure Group (AAD) – Expect FY13 results to surprise to the upside, driven by strong growth and margins in the US and at its local Health Clubs division.
Hold Shares
Regional Express (REX) – Facing rising costs, but this solid performer remains the pick of the airline sector. Trades on a P/E of just 8x and a div yield of almost 6%.
Iluka Resources (ILU) – Experiencing a tough FY13, with demand and pricing soft. However potential sale of iron ore royalties a positive and will strengthen the company’s financial position.
Sell Shares
Beach Petroleum (BPT) – Mid-tier energy producer is struggling under increasing costs. Potential stagnation by Chinese economy could overshadow BPT’s recent supply deal with Origin Energy.
Invocare Limited (IVC) – Acquisitions have driven growth and investment portfolio has appreciated but stock looks significantly overvalued at current prices.
You can visit the Australian Stock Report for all their current trading ideas and Australian share tips, get the help you need in this volatile market.
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