Advisory | Investor Signals

Australian Ethical Investments

Posted on February 23, 2024 | by Leon Hinde | Leave a Comment

Australian Ethical Investment is under Algo Engine buy conditions.

Australian Ethical Investment Ltd is an Australia-based company engaged in the operating segment of Funds Management. The company is involved into acting as the responsible entity for a range of public offer ethically managed investment schemes and to act as the Trustee of the Australian Ethical Retail Superannuation Fund (Super Fund). The products of the company are Super, Managed funds, ETF and Pension.

Ramelius Resources

Posted on February 22, 2024 | by Leon Hinde | Leave a Comment

Ramelius Resources solid 1HFY24 earnings, NPAT for 1HFY24 of A$41m. The result was solid with a slight beat in underlying EBITDA. RMS retained its recently upgraded FY24 guidance.

Iluka 2023 Earnings

Posted on February 22, 2024 | by Leon Hinde | Leave a Comment

Iluka Resources reported 2023 underlying EBITDA of $609mn & NPAT of $343mn, a strong beat vs consensus.

An update was provided on the mineral sands market, major projects including the rare earth refinery, and 2024 guidance. The zircon market is showing signs of further improvement, with ILU’s contracted zircon sand sales in 1Q24 now up nearly 100% to ~45kt.

Watch Last Night’s Webinar

Posted on February 20, 2024 | by Leon Hinde

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Nvidia Q4 FY24 results

Posted on February 19, 2024 | by Leon Hinde | Leave a Comment

Investors will closely watch the results of artificial intelligence darling Nvidia, which is due to report on Wednesday.

Data center related product revenues make up 80.1% of the overall revenue mix. NVIDIA is trading at near-peak market capitalization levels at $1.8 trillion. However, its 1-yr fwd PE levels are near 5-yr trough levels at 36.8x.

NVIDIA’s has 2 key product segments: Graphics; which primarily relates to graphics processing units (GPU)s used in gaming, and PCs Compute & Networking; which includes chips used for high performance computing in data center, networking, automotive, robotics and also special-purpose cryptocurrency mining uses.

The key growth driver for the company right now is in the Compute & Networking segment, which has seen an explosion in growth: