When looking at the telecom industry we think of Telstra (ASX: TLS) and Optus. However, could the TPG-Vodafone merger put pressure on the telecom giants and change the industry? Time will tell. Today we will discuss the merger, whether the new ASX company is worth watching , and the impact on Telstra.… Read more
Why did JB HI-FI’S HY 2020 financials shock the market?
JB HI-FI (ASX: JBH) is emerging as a popular, reliable and financially healthy stock in the recessionary retail market. JB HI-FI rocked investors with their recent financials. JB HI-FI is becoming not only a store where we buy our family presents but also an attractive investment.… Read more
As global lithium appetite surges, ASX stock is ready to capitilise
Pilbara Minerals Ltd (ASX: PLS) is an Australian lithium mining company. PLS’s Pilgangoora Lithium-Tantalum Project in WA, is one of world’s largest lithium ore deposits. The sheer production of the Pilganagoora Project, being 2 million tonnes per annum, could capitulate PLS as a market leader in the multibillion-dollar lithium industry.… Read more
Company invests 28 million in secret ASX stock
Gambling your hard earned money on sports, poker or the races is not a wise investment. Because the odds are stacked against you.
However, investing in betting companies with healthy financials, large market share and upside potential seems the smarter decision. It’s like the phrase “Never buy McDonald’s just buy their stock”.… Read more
Is the highest ASX cannabis performer worth the investment during 2020?
Over 2019 Cann Group Ltd (ASX: CAN) plummeted by 82% . In turn, investors sold their shares and CAN appeared to be another speculative cannabis stock.
However, CAN surged by 177% in the first three weeks of 2020. Consequently, CAN’s impressive increase makes it the best ASX cannabis stock performer in 2020*.… Read more
Bearish trend sees cannabis stocks plummet, how will the industry cope in 2020?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area.
Flashback to 2018 and the cannabis industry was booming with uncontrollable excitement. Penny stocks were surging to record highs. Primarily, because Investors saw the cannabis market as a megatrend with major upside potential and did not want to miss out.… Read more
Cannabis market plummets BUT could Ecofibre, after surging 103%, be the holy grail for 2020?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area.
The cannabis market is speculative. No doubt about it. You would have heard investors say, “cannabis stocks are too risky, most of them are unprofitable, and promise extraordinary growth”.… Read more