Past messages / Questions
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18.03.2025: HIT Member question: Why is IDP stock down over the last few months?Answer: The recent IELTS results show that NPAT was down over 40%, with revenue down over 18%. With the new U.S. policy enacting a travel ban on individuals from 43 countries, we anticipate a slowdown in student visa intake as well. This may impact the already struggling education sector, and HIT members should take into account the risks posed by IDP Education. All these factors have exacerbated the fall of over 20% in IDP's stock.
https://starkconsulting.biz/idea/idp/
05.02.2025:HIT Member question: Which dividend stock is best to buy at current market valuations, BHP or FMG?Answer: Both BHP and FMG are heavily reliant on the market prices of the commodities they mine, including iron ore, Potash, copper and coal. As cyclical stocks, their profitability is closely tied to demand from China. Iron ore prices have declined by 18% this year, with FMG down 35% and BHP down 14%. While both companies pay dividends, these payouts will be influenced by their financial performance at year-end. HIT members favor BHP due to its larger size, consistent long-term performance, and reliable dividend payments.
12.01.2025:HIT Member question: what is DeepSeek and why has it crashed the semiconductor market in the US overnight?Answer: the NASDAQ fell by over 3% overnight. Semiconductor stocks saw a sharp decline on Monday amid growing fears of an AI stock bubble bursting. This was triggered by the emergence of Chinese startup DeepSeek, which offers an open-source reasoning model developed at a fraction of the cost of traditional AI systems, with less reliance on NVIDIA chips and other hardware. DeepSeek’s disruptive approach has raised concerns about reduced demand for high-end semiconductors.Adding to this, most IT stocks are already trading at high valuations, making them vulnerable to profit-taking. The market's recent volatility has also prompted investors to rotate into defensive stocks, further pressuring the tech sector. This combination of factors has amplified the selloff in semiconductor stocks.
16.01.2025:Market update: (PME) has secured a $33 million, 9-year contract with the University of Kentucky, marking the third contract signed over the last 4 weeks and bringing a total of approximately $80 million in new business to the company. Despite these positive developments, the stock remains overvalued, currently trading at a price-to-earnings (PE) ratio exceeding 300.Here are HIT details on PME.https://starkconsulting.biz/idea/pme/
14.01.2025:Market update: PWH secures a 8.9 mill deal to supply advanced cooling solutions for a US government project. Here is our HIT details on PWH.https://starkconsulting.biz/idea/pwh/
12.01.2025:HIT Member question: What does Megaport do?Answer: (MP1) Megaport offers seamless access to data centers and cloud infrastructure, facilitating efficient point-to-point connections that enhance productivity for its clients. Despite being down 23% from its peak this year, the company has demonstrated significant improvements in its financial performance. Given these positive trends, it could be a worthwhile candidate for further investigation as a potential long-term portfolio addition.
24.12.2024:HIT Member question: why are so many companies this year under the spotlight for corporate governance issues?Answer: Several companies, including Qantas, Mineral Resources, Wisetech Limited, and Super Retail Group, are currently facing allegations of misconduct, including the improper use of company funds for personal gain and misuse. These issues have resulted in significant reputational damage, loss of productivity, and could potentially harm long-standing customer relationships and sales. As the saying goes, "It takes years to build a reputation, but only minutes to destroy it." Given these concerns, investors should carefully reassess the impact of management practices/remuneration/use of funds, on the businesses they are considering for investment.
07.12.2024:HIT Member question: what has caused the share price decline in (PWR)?Answer: (PWR) had a recent market update where earnings guidance was cut for its 1H25 due to slowdown in revenue and increase production costs and Capex. This led to a 25% drop in stock price in one day. However over the long term the company expects to continue to maintain its hold on providing cooling solutions to Formula one and expanding in new markets such as aerospace.Listen to our comments: https://youtu.be/QmEPfC7zQFc
12.11.2024: HIT Member Question: Hello Abu Ahmed, how are you? May I ask you a few questions, please?For a beginner, which stocks would you recommend for low risk, moderate risk, and high-risk investors? Could you please mention 2-3 stocks for each category? I would be very grateful. I hope you can clarify this for all group members.Answer:We do not provide investment advice to HIT members. However, we believe there are certain stocks that a new investor can consider as long-term investments, provided they are purchased at reasonable prices. You can find our response here:https://youtu.be/NXTXW21ZiwI
12.11.2024: HIT Member question: Is (DDR) good for dividend investment?Answer: DDR stands out as a high-quality stock with a 100% dividend payout policy, distributing all earnings to shareholders. Despite a weaker-than-expected first-half performance and a decline of over 40% from peak levels, DDR maintains a stable dividend yield of 3-5%.Listen to our comments here: https://youtu.be/QaJJMxItGjw
07.11.2024: HIT Member question: Pro Medicus (PME) share price is at $200, what’s driving the share price?Answer: PME has demonstrated consistent performance, maintaining healthy earnings growth and return on equity (ROE) over the past several years. The company has strategically acquired contractors in the U.S., its largest revenue market. With no debt, a strong base of repeat customers, and an emerging focus on artificial intelligence, PME is well-positioned for future growth. This trajectory has instilled significant confidence among investors, resulting in the company trading at an extraordinary (P/E) ratio of 250.Listen to our comments: https://youtu.be/Bl7iRYdClTw
05.11.2024: HIT Member question: Why is the stock price for ARB not showing any growth?Answer: ARB recently completed aquisitions of 4WP and poison spyder in the US which will take some time to show some real impact. However, sales pipelines are good and annual result was impressive. Listen to our full comments here: https://youtu.be/sjSaUVGfOiY
24.10.2024: Wisetech (WTC) CEO has quit amid allegations of serious misconduct. Many HIT members were buyers at $74 and $88 earlier in the year. Great time to discuss this with your financial advisors.
21.10.2024: HIT Member question: Why has the stock price for Wisetech (WTC) fallen today?Answer: The recent 14% drop in WTC's stock price can be linked to allegations against the company's CEO, accusing him of misappropriation of funds and engaging in unethical practices, including seeking unsolicited favors in exchange for investments. These claims, which arose from a whistleblower's report, have led to significant concerns among investors. The CEO has denied the accusations, calling them baseless and malicious, while the company has initiated an internal review to investigate the matter. These developments have sparked a crisis of confidence among shareholders, resulting in the dramatic stock drop as the market responds to the uncertainty surrounding the CEO's actions.
14.10.2024: (WEB) has tanked 35% today at the back of lackluster outlook. 1H25, TTV/ revenue margins expected to be 6.4% and EBITDA margins at 44%. Operating expenses up 15%.
14.10.2024: CFO resigns at (ANN), might be time to review the companies investment initiatives. No replacement nominated yet.
listen to our comments here: https://youtu.be/QagUF_oU_hk
08.10.2024: (PME) is running hot at the back of a $96 million, 8 year contract renewal for its products. Valuation is still quite high, as its trading at a ridiculous PE of 225. The stock has run up almost 120% in 12 months.Pro medicus - market update - hear our comments here: https://youtu.be/hTQxFIH9vg8
29.09.2024: (AIA) successfully secures NZD 1.4 billion in funding to support its upcoming airport expansion initiatives. The capital raise will facilitate key infrastructure developments, enhancing capacity and improving overall operational efficiency to accommodate future growth in passenger and cargo volumesListen to our comments: https://youtu.be/tTqw1RcVnr8 19.09.2024: Breaking: FED cuts rates by 50 basis points. The rate cut was already priced in, Can we expect a end of the year rally ? This may be a time to consider some "risk on" the portfolio. HIT members have discussed small cap names such as IPG, DUR, RDX, CVB, MAD in the past. Here is our market summary of the Fed rate cut: https://youtu.be/FP9X4TNAy4c
10.09.2024: (JLG) today provided clarification on a query raised by ASX about it's 2024 guidance disclosures. This may come across as slightly misleading on their part. Share price has dropped over 7% in 2 days. Announcement here:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02850533-3A650250&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400
30.08.2024: (DDR) first half report update – FY2024: share price drops 10% at the back of lower first half revenue and net profit numbers.Listen to our comments here: https://youtu.be/q8kY6m8aYbkAnnouncement here: https://www.dickerdata.com.au/investor/announcements
29.08.2024: (REH) Annual report update – FY2024: The plumbing, building and hardware merchant narrowly missed analysts earnings estimate for FY24 and expects near term challenges to remain in the US and Australia and New Zealand regions.Listen to our comments here: https://youtu.be/30NCK1tMbnsAnnouncement here: https://group.reece.com/investors/our-releases
27.08.2024: (JLG) Annual report update – FY2024: Softer results leads to 30% drop in share price.Listen to our comments here: https://www.youtube.com/watch?v=zX43-lk6ZLYAnnouncement here: https://investors.johnslyng.com.au/Investors/
22.08.2024: Member question: can you tell us a more about this news article: https://www.abc.net.au/news/2024-08-21/suncable-receives-environmental-approval-for-power-link-project/104250094Answer: Yes, this company had floated the same idea several years ago. In 2023 they went into administration due to lack of funding and infighting between it's investors. Now they have a government approval, but profitability is a long way away, projected to be operational around 2027.
15.08.2024: (PME) Annual report update – FY2024: Revenue, NPAT up, debt free, dividend increased, launch of Visage Ease VP for Apple Vision Pro, stock up over 15%.Listen to our comments here: https://youtu.be/snf9iHDKcnwAnnouncement here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02838422-3A647729&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400 13.08.2024: (TPW) moves 26% higher at the back of Annual result and CFO announcement. Revenue up 26%, NPAT down 78%, increased spending on Marketing.Listen to our comments here: https://youtu.be/9iqBmMX0Llg 02.08.2024: Johns Lyng Group (JLG)announces strategic acquisitions of SSKB Strata, 84% of Chill-Rite HVAC for $57.6M, this could be long term value additive to the company.Listen to our comments here: https://youtu.be/EiMjtNJYEm0 30.07.2024: Big block of shares sold at (FMG), sending the share price down by 10% today. Long term investors, should consider impact of iron ore and nickel prices on this sector. 25.07.2024: Tech sell off in the US markets may have a slight impact on our markets in the shirt term. Especially noteworthy is the struggling sales of tesla, despite overall EV increasing and stiff competition from the Chinese producers. 16.07.2024: A change in rhetoric could be on the horizon, as most analysts are expecting interest rates to move downward. If this were to occur, we may see a sustained movement in the share market and a further rally in share prices, with small caps outperforming large caps. Some companies that HIT members are watching include JLG, LAU, and MAD. For those with a higher risk appetite, consider researching LTR, CVB, and IPG.Listen to our comments: https://youtu.be/ix-xwjojz1s 03.07.2024: Sad news for book lovers, (BKG) has entered into voluntary administration and is looking for a potential restructure or sale of the business. Australia largest online bookstore's fall was a combination of misallocation of capex, high debt and massive underperformance. 03.07.2024: (RUL) recent market update alarmed investors, leading to a 21% drop in stock price at the open. The lower-than-expected profitability is attributed to anticipated reductions in perpetual license sales and the timing of subscription license sales during the second half of 2024.Listen to our comments here: https://youtu.be/lF_JTHDBpN4Read our full comments here: https://starkconsulting.biz/members/mupdate/ 19.06.2024: HIT member question : should we consider buying into the (GYG) IPO listing on the ASX?Answer: Careful scrutiny should be undertaken as it is oversubscribed, share price is overvalued, operates under thin margins and faces stiff competition in the Mexican fast food space. caution is warranted as it expects to turn profitable FY25 , CEO had resigned last year and has returned for the IPO. its barely surviving by the skin of its teeth as revenues have not been showing up in net profit over the last couple of years. 14.06.2024: HIT member question : the AI party has just started, do you think we should be investing in US stocks such as Oracle, Schneider etc?Answer: we do not have knowledge of the US and so cannot authenticate the shariah validity of the stocks. AI will truly change the landscape of investments and the impact will be felt in a lot of industries. Some of the australian companies that HIT members have shortlisted as being AI beneficiaries would be, (PME)(TNE)(HSN)(WTC)(OCL). We will initiate more coverage and updates soon inshallah 12.06.2024: (BAP) has received a non binding takeover offer at $5.40, holders should seriously consider this, after Bapcor's recent downgrades and CEO exit. share price has moved up over 15%. 10.06.2024: Positive market update: 6 jun: bank of Canada lowered its interest rates by 25 basis points with a sign that inflation was easing however the lowering rates maybe a sign of slowing economy 09.06.2024: (TNE) soars higher with positive half-year results, revenue up 16%, with a strong focus on their SaaS+ model and advancing their annual recurring revenue guidance of $500 million to be achieved by FY2025.Listen to our comments here: https://youtu.be/rhlXR-lvOscRead our full comments here: https://starkconsulting.biz/members/mupdate/ 03.06.2024: (LOV) had a significant pullback today on news that its high-performing CEO will be leaving by May 2025. They have now brought in the Smiggle MD as the new CEO, as a replacement, which has also not been liked by the market. (LOV) is down 10%, and (PMV) is down 4% today. HIT members will be looking for better entry points for these quality stocks. 21.05.2024: (DUR), market update was a downgrade to revenue and EBITDA guidance for FY2024, attributed to the delay in anticipated project awards. However, margins have improved and so has cash generation, expect growth to pick up, after 2H24.(SHL), has informed the market that they expect FY24 EBITDA of A$1.6b, compared with previous forecast of A$1.7B to 1.8b. This has pushed the share price back by 6%.Listen to our comments (DUR) here: https://youtu.be/gbclx_IcmQwListen to our comments (SHL) here: https://youtu.be/drqONFPWS78Read our full comments here: https://starkconsulting.biz/members/mupdate/ 20.05.2024: (DDR) has corrected by over 16% in the past couple of days, triggered by a negative market update. Sales have dipped by 10%, and PBT is down by 3.1%, attributed to inventory backorders and increased interest rates. Long-term investors may need to brace themselves for some short-term turbulence, however, DDR maintains an optimistic outlook for the second half of '24.Listen to our comments here: https://youtu.be/ueLBIo9Lcpw 15.05.2024: Question by HIT member: (IEL), share price has moved up by 7% yesterday, is it a good value buy now?Answer: The (IEL)share price has jumped higher on the back of news that international students may be allowed to stay in the UK for two years after completing their graduation. This may be seen as a tailwind for stimulating the already struggling international student study market and may improve revenues. However, there are too many uncertainties, such as an incoming new CFO and the federal budget changes announced yesterday in Australia and as well as English testing changes in Canada, which are impacting the share price. (IEL)is down 40% for the year.Listen to our comments here: https://youtu.be/s7gsbC1XwuU 12.05.2024: Question by HIT member: (REA) had a very good quarter, what are your views on this stock?Answer: REA generates most of its core revenue through permissible activities such as online digital advertising, property listing, and data management services. However, 22% of its income is generated from non-permissible activities such as mortgage broking. This does not comply with our Shariah guidelines. Therefore, this would be a non-halal investment, and we would refrain from investing in the company.Listen to our comments here: https://youtu.be/WGKg2LkYj4Q 07.05.2024: Shares of (LAU) fell as much as 12% today, as they expect lower underlying EBITDA for 2HY24. This sector has been struggling and is impacted by softer demand and lower sales impacted by changing weather conditions and general transport disruptions.Listen to our comments here: https://youtu.be/PnZ85v7PutE 02.05.2024: (BAP) had a precipitous fall of over 30% today, owing to weak profit guidance for 2H24, and it may have to impair its tangible and intangible assets. Investors should have taken heed when the incumbent CEO refused to join the team last week.Listen to our comments here: https://youtu.be/rRXhIEIDlY0 26.04.2024: Question by HIT member: I am new to shares but i have been wanting to get in on trades to make some profits, But I don't how to start and what to look for?Answer: Investing in shares requires clearly defined goals and earmarked funds. Each individual has a different capacity for risk, which determines the extent of discomfort they're willing to endure during a downturn. It's crucial to determine your investment time horizon and remember that shares represent partial ownership in a company, not mere pieces of paper to be traded.Listen to our comments here: https://youtu.be/NLePtFgIw_ 26.04.2024: (NCK) is doing a cap raise of $46M to acquire a UK listed furniture brand. This will dilute shareholder equity, however the market seems to be pricing in the future growth and expansion that will come with the acquisition. The share price moved up 15% today. Our HIT members prefer (TPW) in this segment for now. 24.04.2024: (CWY) has clarified media speculation that it has not received nor is it in talks with seven media for a takeover. Pushing the share price back down by 11% today, after it ran up over 15 % yesterday. 20.04.2024: No sign of the stock market letting up in the US overnight. The IT sector in the US is under a bit of pressure and a lot of profit taking has been seen over the last week. We have also seen (PME)(TNE)(HSN) (WTC) pull back significantly. Overvalued stocks will see some corrections, so be prepared for volatility. 16.04.2024: Lots of uncertainty in the market, negative geopolitical events may have adverse impact on portfolios. Manage risk effectively and a quick reminder that a loss of 20% on a portfolio will require a 25% gain to revert to original value. 12.04.2024: Question by HIT member: Why are consumers flocking to buy Gold at Costco stores in the US?Answer: The gold price has hit new highs, and the move is supported by investors' sentiment that a market rate cut is on the horizon. It's always been a good hedge against inflation, and investors looking to diversify are investing in gold in droves over the last couple of months. This is mostly a safe haven buy, and we think that the prices for most producers that HIT members follow (NST) (RMS) (SLR) (GOR) can potentially see an upside of 10%. For those looking to hold physical gold, it may be a little late as the price has moved up quite a bit, and gold being a cyclical commodity, mostly reverts back to the mean.The prospect of rate cuts, not too much in the distant future, has definitely acted as a tailwind and will add fuel to the demand, pushing prices higher. For those who like to invest in the touch and feel of gold, it's also available at Costco (US only), where you could just walk in and buy. For Oz investors, buy from registered dealers, who may also be able to provide you with a certificate of authenticity. 08.04.2024: Question by HIT member: is(RMD) still a buy?Answer: Resmed(RMD) share price had been greatly influenced by the introduction of Ozempic to the market as a wonder drug that may reduce the dependence on the Pap machine for sleep apnea patients. This has led to a fall in revenue and projected to continue to face a tough road ahead. HIT members think, Share price is fairly valued right now . We are not buying (RMD) until we have a clear guidance on the future of this medication and it's impact on the Australian market. 05.04.2024: There is a lot of uncertainty in the short term with respect to the rates and the general direction the FED will take. Macro factors are having a minor impact currently on our markets. Holding on to companies with long term sustainable growth will fare well in these times. HIT members have identified (JLG) as one such defensive investment. 03.04.2024: Question by HIT member: Any good dividend etfs in early up trend to park the cash in?Answer: with an ETF we at HIT are not aware of any that is shariah complaint at the moment in Australia. The issue is with the underlying basket of securites , most managers have their own criteria for selecting stocks which may not satisfy Islamic principles of investment. Please message us if you are aware of any that pass through Islamic shariah filters. 02.04.2024: Retail ( consumer discretionary) under a lot of pressure of late. Be cautious with new investments, most stocks (PMV), (LOV) are overvalued. Some HIT members are looking at (AX1). Slow growth, but good for long term dividend investment and currently trading at a low PE of 16. 28.03.2024: Question by HIT member: what are your views on ProMedicus?Answer: (PME) is a fast growing medtech company with extremely high valuations. This has been a steady performer and has been growing at a CAGR of 19% over the last 10 years. It is held by many of our members and could be a good long term hold. We are expecting to see a revenue uptick if it is able to migrate it's software on the AI wave and move forward with the apple mixed reality diagnostic imaging software. 24.03.2024: Question by HIT member: what is your style of investment? Which sectors is your business looking at?Answer: Asa, we do not provide financial planning / investment advice. Personally for my own portfolio I use a combination of fundamental and technical analysis. Stark consulting provides finance administration services only. You can read more on our website. The Halal investing team is a non profit group. Members share their ideas and research on the group. 23.03.2024: The Fed has taken a more dovish outlook, and we may expect an easing of the rates by the end of the year. I wouldn't throw caution to the wind. Invest in quality companies and names that support long-term growth. We are watching the healthcare sector for bargains; names such as (CSL) have already been picked up. 23.03.2024: Question by HIT member: You look at mainly fundamentals or technical?Answer: Fundamental analysis can be used for qualitative and quantitative assessment of a company where as Technical analysis can help with timing and general market sentiment analysis. Best is to use a combination of both which is what i use. listen to our comments: https://youtu.be/px42dX8yFYg 20.03.2024: (SHL) has proceeded with another strategic acquisition of Switzerland based medical lab Dr Risch laboratory group. Analysts are hoping that the operational performance could turnaround by 2025. We have seen the stock being shunned by investors over the last year, (SHL) prices are down over 35% since hitting peak during Covid. For a contrarian investor looking to invest for the long term this may be a stock to discuss your advisor. listen to our comments here: https://youtu.be/WKfmSUfzE5I 19.03.2024: RBA kept rates on hold today at 4.35% pinning market sentiment to a soft landing. Analysts are hoping for a rate cut by the end of the year. Our HIT members are leaning more towards defensive / quantity stocks such as (JLG), (CTD) and (REH) 18.03.2024: Question by HIT member: which app I can use to invest in shares,plz suggest?Answer: Some of the best ones to use are commsec and interactive brokers. We have a detail answer on our member website. Here:www.starkconsulting.biz/services/lng/ 18.03.2024: Question by HIT member: what's the outlook for (BHP)?Answer: Many analysts are of the view that with sustained slow down in iron ore prices, weaker demand from China and the property sector in general, will act as head winds and impact (BHP)negatively. However, some of our Dividend investors (5.5% yield) are still holding on despite a fall of 14% in share price year to date. 16.03.2024: Update on Nickel: The commodity has been under tremendous pressure after Indonesia has ramped up production of its low cost Nickle ore. Price per ton has fallen a lot, with Chinese demand for EV related batteries slowing down since last year. Demand for the metal still persists but supply is overwhelming the market. Our members prefer investing for the long term and some companies that are at the forefront in Australia nickel production are: (BHP, NIC, IGO). Listen to our comments on: https://youtu.be/cV5eYOne-CA 14.03.2024: The ASX ended the week in a sea of red. After a robust reporting cycle, investors are taking a breather and profit taking was evident with over valued stocks getting sold off. 09.03.2024: (CTD), informed the market that its ANZ CEO has stepped down, this has created a bit of uneasiness and share price has dropped over 2 % today. Overall, company remains on track for its 5 year revenue strategy. Listen to our comments: https://youtu.be/3vpbcJngHCU 06.03.2024: (DDR), got sold down over 10% today as the founder offloaded $90 million worth of shares as part of a divorce settlement. 27.02.2024: (JLG) is a core holding with many of our members and the Stock dropped over 20% at start of trading today. 1H24 revenue and NPAT slipped, but outlook for FY24 is guiding to a 5% increase on estimates. Stock has recovered some losses and ended the day 13% lower. 25.02.2024: Member question: is (WTC) still a buy?Answer: we discussed (WTC) wisetech in November 2023 and conducted a webinar and event explaining the compelling argument for the company. The stock has run up over 30% since then. Valuations are very high and the Stock is trading at all time highs and many analysts are of the opinion that it's trading at its intrinsic value. Many members have trimmed their current positions. We would not buy at these levels and will wait for valuations to become more attractive. Listen to our comments on WTC: https://youtu.be/MZbybRCMbDk 21.02.2024: Important update: (DTL) Data#3, does not pass our sharia filters, company has excessive cash holdings. Please modify your holdings accordingly. We would classify DTL as a non-halal investment based on its latest results and after having a careful look at its financials. 20.02.2024: Member question: assalamoalaikum just saw on news today about A2 Milk, once again i haven't invested , but seems like a sharia friendly, but its commodity, so dont know how they fare.Answer: (A2M) passes our Sharia filters. Its share price has been languishing over the last 4 years, and after hitting a peak of $20, it fell by over 80% and hasn't recovered since. A2M sales are very dependent on infant milk formula (IMF) sales in the Chinese market and were supported by the Daigou channel, which used to carry the product to the mainland. Since the pandemic eased, sales have dropped; IMF market and Daigou channel have been down, and the newborn birth rate in China has slowed down. Their sales in the ANZ market (locally) have not improved either. This notwithstanding, the fact that they have a strong balance sheet and have been quite resilient in the face of tough market conditions. I would not buy here until I see some more stability in revenue and earnings over the long term. The outlook for 2024 is supposed to be in line with expectations.Listen to our Commentary: https://youtu.be/UEqj6ekkNd8 16.02.2024: One of the most beloved IT companies on the ASX, (ALU) Altium has received a takeover offer, valuing the company at 9 billion, pushing it's share price up, by paying 30% over the current market price. M&A activity indicates easing of credit and flow of liquidity in the market. 14.02.2024: The reporting season is creating a lot of volatility in the market, coupled with the backdrop of unrelenting inflation. Amidst this, (IEL) has come out with some great numbers, and the stock price has rallied over 11% today. 02.02.2024: Radiology and imaging technology software provider (PME) is now in the $100 club. Stock rally refuses to slow down despite valuation at a ridiculous 175 times. 24.01.2024: (NAN) provider of automated disinfection devices, fell 34% today at the back of lower sales guidance. investors need to be vigilant when selecting their investments as companies with poor outlooks may get sold in this volatile market, regardless of their strong balance sheets. 22.01.2024: Everyone's favorite miner (MIN) had a -9% correction today. With weak lithium prices, It may be time to focus our attention on stocks other than mining for a little while. 17.01.2024: Ozempic (type 2 diabetes medication) update, more benefits are being touted such as loss of desire for alcohol and smoking, reducing the risk of heart attack and stroke and sleep apnea. A miracle drug indeed, not much is discussed in the media about the side effects. Expect some major disruptions in the health care sector this year. 15.01.2024: Looks like this could be the month of consumer discretionary stocks. SUL 🚀 is up 6% today and is at an all time high. Momentum chasers should take heed of the market volatility. RBA guidance next month will give the market a better direction, i would proceed with caution until then. 10.01.2024: All the parents who have been shopping for shoes at Skechers, your spending has finally paid off, AX1 moved 7% today. Retail sales during the holiday season is now reflecting in the price. 👟🥾👢 29.12.2023: Question from member: can we still buy BHP?Answer: For the dividend investors, BHP is looking interesting with iron ore prices refusing to come down. Stock has already run ahead of itself and is trading at a 13 multiple. Risk reward is not very attractive. Dividend yield is at 5.5% and BHP has a history of maintaining dividends however the yield may be offset by dividend adjusted stock price/ declines due to market conditions 27.12.2023: We have all heard of bulls and bears, and now we have the goldilocks scenario which is ideal for investing. This may be a short lived event in the market but if investors want to take advantage of this rally, proceed with caution. Select companies with stable returns on investment. Some of HIT members started buying tech stocks around 2 months ago and stocks such as WTC, ALU, TNE have all rallied over 15%. 14.12.2023: Fed has held rate steady in the US overnight and indicated at least 3 rate cuts by next year. This has brought a lot of price action in the markets today. HIT members have been buying (WTC) for over 3 months now slowly adding to our positions. Retail and materials sectors are looking interesting as well. 12.12.2023: News: (JLG) has excuted an agreement with Tower insurance to assist communities effected by cyclone Gabriel in north island in New Zealand. The rebuild works will continue well into 2024. Maybe expect some chnages in share volumes today. 11.12.2023: Major bushfire season on the horizon, one company that we have been tracking for a long time is (JLG). They specialise in insurnace restoration works. Its down over 30% from its peak, maybe a good time to add to your watchlist. 05.12.2023: One massively undervalued stock that we will be analyzing next week is (RMD). It experienced a 40% fall over the last couple of months due to Ozempic (a diabetes and weight loss drug) entering the market. There have been numerous negative reports of side effects related to the drug, and this should reinstate confidence in (RMD). The stock has already clawed back 15% 05.12.2023: RBA keeps rate unchanged. this is going to help spending during the holiday season. retail segment was already struggling. 4.35% cash rate unchanged. i'll update the (PMV) compelling argument by this week. This should boost investor confidence. Some buying already coming in. please remember, there is still a lot of volatility, so, consider investing after analysing companies for the long term. 01.12.2023: For those whose kids love to shop at Smiggle, (PMV) just had its AGM, positive guidance for FY24. Stock up 3% for the day. 👍 30.11.2023: Fast mover (IPG) has been on a uptrend since it listed in 2022. institutional placement offer for 14 mill new shares will dilute shareholders equity, but the market seems to like it. Shares up 15% today. Not your long term hold? ill update compelling argument, about, what the analysts think. soon inshallah. 29.11.2023:👍(TPW) had its AGM update today, stock price up 15% in one day. CEO has reiterated a positive guidance, revenue up 40%, $30mill share buy backs, and over $100 mill in cash. It could be a beneficiary of the holiday online sales. Maybe time to add to your watchlist. 27.11.2023: 👎 M&A activity on (ABY) today, they have received a indicative offer for $1.25. Share price has been languishing over the last two years and is down over 80%, revenues have been down as well. And today, market has pushed it up by 20% in 1 day ! better opportunities elsewhere? 23.11.2023: (JLG) is a provider of building and restoration services across Australia and the US. AGM was announced today with forecasts for FY24 of 18.5% growth in revenue and 20.1% in EBITDA. Stock to add to your watch list. I have been getting questions from members about providing a compelling argument for all posts made about companies. Inshallah i'll update the team members with the last two posts on (CCX )and (JLG) and compelling arguments/analysis will be posted on the website and podcasts shortly. We will also try and cover this on our webinar on Saturday inshallah. 22.11.2023: When the market slows down discretionary spending takes a hit, (CCX) is one stock that was loved by small cap fund managers, They just had their AGM and Australian revenue has been down over 35%,, stock has tanked over 93% since hitting peak in 2022. 👎
15.11.2023: CPI number was flat overnight and inflation outlook looking positive in the US. Analysts are Expecting a slow down to rates over the next couple of months. Hopefully the happy sentiment rallies the markets. We will be watching the tech sector today namely trying to buy back into Altium (ALU). I will inshallah provide a update on our webinar soon. 13.11.2023: Promedicus (PME) has been growing strength to strength. Signed another contract today ($20 mill over 8 yrs), the only issue is the valuation, it's trading over 140x. HIT members have been following this stock for over 10 years. 07.11.2023: RBA rates decision 0.25 % up. So much for people having fun at the Melbourne cup💸 cash rate now 4.35%. Market likes it, looks like it was expected. Hopefully people have saved up enough money for the holidays. 06.11.2023: ANN is currently trading at one of its lowest multiples. Its bottom line benefited from Covid, but sales for its products have declined slightly. Maybe time to reconsider the stock 03.11.2023: Market has been up three days now, proceed with caution. Look for stable compounders with history of consistent returns. WTC has been moving again. Maybe time to consider investing in some large caps? 26.10.2023: G8 Education (GEM) announced that it is selling 31 of it under performing centres. Stock is down 10%. Some members had this in their portfolios. Maybe time to trim position? 👎 19.10.2023: (CTT) is a up and coming online luxury retailer. this was over-bought during its IPO in 2021. now down over 20 % in 3 days despite having good sales. Investors are shying away from spending $500 on t-shirts I guess. 18.10.2023: (BAP) down over 18 % in three days, aftermarket auto parts dealer with consistent dividends, annual results were not strong during the reporting season. Annual general meeting : outlook was weak for 2024 . Maybe time to look at this. 12.10.2023: CSL and RMD are both lower by over 5% today, some members have this as a core holding. Maybe time to accumulate? 09.10.2023: With uncertainty in the middle East, investors seem to be rushing to buy energy and gold, WDS, NST and STO, pushing higher today.
08.10.2023: Med stocks such as CSL and RMD are on high multiples and may face downward pressure due to being favored by traders looking to short the stocks.
03.10.2023: RBA keeps rates on hold. 💰💰Don't start spending yet, unless you are booking overseas tickets via hello world travel (HLO) 😒. Travel sector is supposed to slow down this quarter.
28.09.2023: WHC had another 5% move today. Looks like people are starting to lean more toward the defensive sectors 26.09.2023: Question: Assalamualaykum brother, I know you from the halal investors chat, I just had a quick question concerning a particular stock. Is the Rumble stock (RUM) the new social media platform halal to invest in. Jazakallah kheirAnswer: ASA Brother, One of the primary principles of sharia compliant investing is making sure that the core activities of the business is Halal. Ulema' have outlined business activities that are not-permissible and this includes a company engaged in the production/ distribution of media related content. This would mean that the NASDAQ listed RUMBLE would not pass the filters and we would not be investing in this company. Similarly in Australia some companies that engage in supplying media content are, OML, NWS, SWM, NEC etc. 26.09.2023: One to add to watchlist and not to chase: PME up 9% on news of signing 140 mill sales contract..🚀 25.09.2023: Looks like the petrol prices are going to impact businesses and motivate the FED to consider raising the rates one more time this year. No one is saying that inflation has been beaten and that we have won and that the checkered flag has been crossed over successfully. is it time to reconsider safe energy stocks like WHC? it was up almost 4% today. 20.09.2023: Does the Lithium investment thesis still hold (IGO)? Luxury Car sales last year were being led by a high influx of electric vehicles. Tesla Model 3 has led the passenger vehicle sales as of August 2023. Battery life is expected to be around 25-30 years or 300,000 miles. But with new EV production and demand on the rise, Should we continue to buy IGO? Some profit taking going on since the start of this month. 18.09.2023: Is it time to buy travel stocks? . Hello world travel (HLO) had a good result this year. The price has already moved up over 100% year to date. It is liked by many small cap fund managers, but it may be too late to get in? 15.09.2023: The excellent Breville group (BRG)result this reporting season indicated, that the love for coffee and everything appliances has not waned. One of the very few quality retail stocks on the Australian share market. 13.09.2023: A high quality name available at a slight discount, after the reporting season results, wisetech (WTC) still commands a very PE, blue chip client base, highly recurring revenue model and high customer retention rates. 11.09.2023:Eroad (ERD) has dropped 35% today after completing the capital raise today. A company with a poor balance sheet, debt and difficult prospects of growth. 07.09.2023:Eroad (ERD), a modern day fleet tracking business that also manages regulatory and health matters for the transportation industry, has once more chosen to raise financing today in the amount of NZ$50 million. The net proceeds from the equity raise will be utilized to pay off debt, giving EROAD funding headroom to support its expansion strategy even more, particularly in the crucial North American market. It's not looking good, as the growth story has been told for the last three years since the IPO listing. 05.09.2023:News Flash: RBA maintains cash rate at 4.1%. 😊 05.09.2023: Fallen Angel? Qantas airways (QAN) long standing CEO has decided to bring forward his retirement by two months after the recent scandal, of selling tickets of canceled flights. Stock getting hit and down 15% in 2 months, even after a good result this year. Most analysts agree that it may be time to take some profits 05.09.2023: Question: why did we have a acquisition offer for liontown resources (LTR)?Answer: a 6.6 billion takeover offer for LTR was bid by Albemarle Corp. LTR is a ozzie battery minerals exploration company. Capital raised last year which gives it a cash in bank of 450 million. Does not produce any profit and mines will go operational by 2026 and has a few contracts in the pipeline. This makes it a attractive takeover target. Stock jumped 10% today. Does not pass Islamic investing filters. 31.08.2023: 🚀 IGO Results out today, Net profit up 66%, for those who love nickel and lithium producers. Be mindful of debt increase and capital raise 2 years ago 30.08.2023: Noteworthy: Johns lyng group (JLG), Excellent result this reporting season. Revenue up, NPAt Up, earnigs beat estimates, 8% move.🚀 29.08.2023: Small cap moves: Lindsay Australia (LAU), Fantastic result for reporting season. Revenue up, NPAT up, earnings beat estimates. More updates to come. 9% move today. Disclosure: Members hold position.🚀💸💰 28.08.2023: Members will read reports for the following companies this week, CCX, FMG, OCL, JLG, MIN, IMD. Reports coming out this week. 27.08.2023: Question by a non member: should we buy home builder stocks, now that the interest rate may not be increasing? Answer: the RBA has not flagged that the rates will not go higher, in fact the market sentiment is that the current rates will stay higher for longer. Maybe get used to paying the extra $250 per month on your debt repayments over the next couple of years. This may however give confidence to home builders to come back to the market and we may see new building activity in oz. With the Australian dollar lower now, will also attract overseas investors. Just look at the results posted by James Hardie (JHX) in this reporting cycle. Admin was holding (JHX) until the results cycle. Waiting for a correction to add back on a better price. 26.08.2023: Question has been posed by a HIT member: is BHP a buy ?Short answer: revenue and net income has reduced by over 10% and 30%. Total debt has increased by over 40% and shariah compliance debt to assets is at 22% . Cyclical stock and currently influenced by the changes in the Chinese GDP. Members to consider with caution, downside of over 20 % may be expected while upside of 10%. Risk reward is not in our favor. Admin would wait for a better discount 25.08.2023: Question posted by HIT member: which broker is the best for trading stocks in Australia? Answer: I learnt it the hard way, by trial and error. there are two considerations that you have to take into account: what are the features/support being offered? and what are my costs/risks? In terms of features i would look for broker research reports, customer support, call centre, iress platform, easy to use interface and frequency of trading (day trading (not allowed in Islam)/investing). When it comes to cost/risks, I would watch out for custodial services, brokerage fees, buy sell spreads, orders not getting filled, online V/s phone based customer support, security with investments, cancellation of orders, withdrawal and deposit charges. The most popular brokers in Oz are: commsec, nabtrade, interactive brokers, selfwealth, stake, trading view, IG markets, Thinkmarkets. Best with features: Commsec and Nabtrade, Best with costs: Selfwealth and Stake, Best for new starts: Commsec and Nabtrade, Best for seasoned traders: Stake, Trading view, Best with features and costs: Interactive brokers. What do i use? I have accounts with commsec, nabtrade, trading view, selfwealth, Thinkmarkets, Stake and interactive brokers. I use each one intermittently for research and placing trades. 24.08.2023: Question posted by HIT member: Is DTL (Data#3: ) a buy today?:Answer: Admin and some HIT Members are proceeding with caution. company stock has moved up 12% over the last 2 days and potential for volatility is high. for those looking to bear a short term downtrend of over 10% may consider buying and holding. The best approach would be to wait for the reporting season to finish and then buy a small parcel, adding on an incremental basis, a resonable discounted price would be $6.40. This should give a sufficient margin of safety to investors. PE steady at the moment at 28. Halal investing group (HIT) sees a potential 25% upside over the next 12 to 18 months with DTL (Data#3). Downside factors that have been considered are inflation, slowing of government spending, stability in employment, general (multiple) PE of the technology sector on Australia and US. Expect a bear term 6 -10% pain on the downside.Expect short term volatility as the annual reporting season is under way. DTL has reported two days ago with very strong numbers. Admin and some HIT will accumulate small positions over time. 24.08.2023: Question posted by HIT member: which stock is better: TNE (Technology one) or DTL (Data#3 :) : Answer: TNE and DTL both form part of the S&P/ASX 200 Information Technology index. TNE is far superior in terms of debt, inventory, payables and receivables management. TNE has higher net profit and gross profit margins giving it a wider berth, DTL survives on 1-2 % margins which may make it vulnerable to tough sales conditions. Due to the high sales turnover with DTL they have to manage their expenses by maintaining a higher cash balance and hence has a higher accounts receivable and payable. TNE is a far better investment and is a stable compounder.
29.09.2024: (AIA) successfully secures NZD 1.4 billion in funding to support its upcoming airport expansion initiatives. The capital raise will facilitate key infrastructure developments, enhancing capacity and improving overall operational efficiency to accommodate future growth in passenger and cargo volumesListen to our comments: https://youtu.be/tTqw1RcVnr8 19.09.2024: Breaking: FED cuts rates by 50 basis points. The rate cut was already priced in, Can we expect a end of the year rally ? This may be a time to consider some "risk on" the portfolio. HIT members have discussed small cap names such as IPG, DUR, RDX, CVB, MAD in the past. Here is our market summary of the Fed rate cut: https://youtu.be/FP9X4TNAy4c
10.09.2024: (JLG) today provided clarification on a query raised by ASX about it's 2024 guidance disclosures. This may come across as slightly misleading on their part. Share price has dropped over 7% in 2 days. Announcement here:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02850533-3A650250&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400
30.08.2024: (DDR) first half report update – FY2024: share price drops 10% at the back of lower first half revenue and net profit numbers.Listen to our comments here: https://youtu.be/q8kY6m8aYbkAnnouncement here: https://www.dickerdata.com.au/investor/announcements
29.08.2024: (REH) Annual report update – FY2024: The plumbing, building and hardware merchant narrowly missed analysts earnings estimate for FY24 and expects near term challenges to remain in the US and Australia and New Zealand regions.Listen to our comments here: https://youtu.be/30NCK1tMbnsAnnouncement here: https://group.reece.com/investors/our-releases
27.08.2024: (JLG) Annual report update – FY2024: Softer results leads to 30% drop in share price.Listen to our comments here: https://www.youtube.com/watch?v=zX43-lk6ZLYAnnouncement here: https://investors.johnslyng.com.au/Investors/
22.08.2024: Member question: can you tell us a more about this news article: https://www.abc.net.au/news/2024-08-21/suncable-receives-environmental-approval-for-power-link-project/104250094Answer: Yes, this company had floated the same idea several years ago. In 2023 they went into administration due to lack of funding and infighting between it's investors. Now they have a government approval, but profitability is a long way away, projected to be operational around 2027.
15.08.2024: (PME) Annual report update – FY2024: Revenue, NPAT up, debt free, dividend increased, launch of Visage Ease VP for Apple Vision Pro, stock up over 15%.Listen to our comments here: https://youtu.be/snf9iHDKcnwAnnouncement here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02838422-3A647729&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400 13.08.2024: (TPW) moves 26% higher at the back of Annual result and CFO announcement. Revenue up 26%, NPAT down 78%, increased spending on Marketing.Listen to our comments here: https://youtu.be/9iqBmMX0Llg 02.08.2024: Johns Lyng Group (JLG)announces strategic acquisitions of SSKB Strata, 84% of Chill-Rite HVAC for $57.6M, this could be long term value additive to the company.Listen to our comments here: https://youtu.be/EiMjtNJYEm0 30.07.2024: Big block of shares sold at (FMG), sending the share price down by 10% today. Long term investors, should consider impact of iron ore and nickel prices on this sector. 25.07.2024: Tech sell off in the US markets may have a slight impact on our markets in the shirt term. Especially noteworthy is the struggling sales of tesla, despite overall EV increasing and stiff competition from the Chinese producers. 16.07.2024: A change in rhetoric could be on the horizon, as most analysts are expecting interest rates to move downward. If this were to occur, we may see a sustained movement in the share market and a further rally in share prices, with small caps outperforming large caps. Some companies that HIT members are watching include JLG, LAU, and MAD. For those with a higher risk appetite, consider researching LTR, CVB, and IPG.Listen to our comments: https://youtu.be/ix-xwjojz1s 03.07.2024: Sad news for book lovers, (BKG) has entered into voluntary administration and is looking for a potential restructure or sale of the business. Australia largest online bookstore's fall was a combination of misallocation of capex, high debt and massive underperformance. 03.07.2024: (RUL) recent market update alarmed investors, leading to a 21% drop in stock price at the open. The lower-than-expected profitability is attributed to anticipated reductions in perpetual license sales and the timing of subscription license sales during the second half of 2024.Listen to our comments here: https://youtu.be/lF_JTHDBpN4Read our full comments here: https://starkconsulting.biz/members/mupdate/ 19.06.2024: HIT member question : should we consider buying into the (GYG) IPO listing on the ASX?Answer: Careful scrutiny should be undertaken as it is oversubscribed, share price is overvalued, operates under thin margins and faces stiff competition in the Mexican fast food space. caution is warranted as it expects to turn profitable FY25 , CEO had resigned last year and has returned for the IPO. its barely surviving by the skin of its teeth as revenues have not been showing up in net profit over the last couple of years. 14.06.2024: HIT member question : the AI party has just started, do you think we should be investing in US stocks such as Oracle, Schneider etc?Answer: we do not have knowledge of the US and so cannot authenticate the shariah validity of the stocks. AI will truly change the landscape of investments and the impact will be felt in a lot of industries. Some of the australian companies that HIT members have shortlisted as being AI beneficiaries would be, (PME)(TNE)(HSN)(WTC)(OCL). We will initiate more coverage and updates soon inshallah 12.06.2024: (BAP) has received a non binding takeover offer at $5.40, holders should seriously consider this, after Bapcor's recent downgrades and CEO exit. share price has moved up over 15%. 10.06.2024: Positive market update: 6 jun: bank of Canada lowered its interest rates by 25 basis points with a sign that inflation was easing however the lowering rates maybe a sign of slowing economy 09.06.2024: (TNE) soars higher with positive half-year results, revenue up 16%, with a strong focus on their SaaS+ model and advancing their annual recurring revenue guidance of $500 million to be achieved by FY2025.Listen to our comments here: https://youtu.be/rhlXR-lvOscRead our full comments here: https://starkconsulting.biz/members/mupdate/ 03.06.2024: (LOV) had a significant pullback today on news that its high-performing CEO will be leaving by May 2025. They have now brought in the Smiggle MD as the new CEO, as a replacement, which has also not been liked by the market. (LOV) is down 10%, and (PMV) is down 4% today. HIT members will be looking for better entry points for these quality stocks. 21.05.2024: (DUR), market update was a downgrade to revenue and EBITDA guidance for FY2024, attributed to the delay in anticipated project awards. However, margins have improved and so has cash generation, expect growth to pick up, after 2H24.(SHL), has informed the market that they expect FY24 EBITDA of A$1.6b, compared with previous forecast of A$1.7B to 1.8b. This has pushed the share price back by 6%.Listen to our comments (DUR) here: https://youtu.be/gbclx_IcmQwListen to our comments (SHL) here: https://youtu.be/drqONFPWS78Read our full comments here: https://starkconsulting.biz/members/mupdate/ 20.05.2024: (DDR) has corrected by over 16% in the past couple of days, triggered by a negative market update. Sales have dipped by 10%, and PBT is down by 3.1%, attributed to inventory backorders and increased interest rates. Long-term investors may need to brace themselves for some short-term turbulence, however, DDR maintains an optimistic outlook for the second half of '24.Listen to our comments here: https://youtu.be/ueLBIo9Lcpw 15.05.2024: Question by HIT member: (IEL), share price has moved up by 7% yesterday, is it a good value buy now?Answer: The (IEL)share price has jumped higher on the back of news that international students may be allowed to stay in the UK for two years after completing their graduation. This may be seen as a tailwind for stimulating the already struggling international student study market and may improve revenues. However, there are too many uncertainties, such as an incoming new CFO and the federal budget changes announced yesterday in Australia and as well as English testing changes in Canada, which are impacting the share price. (IEL)is down 40% for the year.Listen to our comments here: https://youtu.be/s7gsbC1XwuU 12.05.2024: Question by HIT member: (REA) had a very good quarter, what are your views on this stock?Answer: REA generates most of its core revenue through permissible activities such as online digital advertising, property listing, and data management services. However, 22% of its income is generated from non-permissible activities such as mortgage broking. This does not comply with our Shariah guidelines. Therefore, this would be a non-halal investment, and we would refrain from investing in the company.Listen to our comments here: https://youtu.be/WGKg2LkYj4Q 07.05.2024: Shares of (LAU) fell as much as 12% today, as they expect lower underlying EBITDA for 2HY24. This sector has been struggling and is impacted by softer demand and lower sales impacted by changing weather conditions and general transport disruptions.Listen to our comments here: https://youtu.be/PnZ85v7PutE 02.05.2024: (BAP) had a precipitous fall of over 30% today, owing to weak profit guidance for 2H24, and it may have to impair its tangible and intangible assets. Investors should have taken heed when the incumbent CEO refused to join the team last week.Listen to our comments here: https://youtu.be/rRXhIEIDlY0 26.04.2024: Question by HIT member: I am new to shares but i have been wanting to get in on trades to make some profits, But I don't how to start and what to look for?Answer: Investing in shares requires clearly defined goals and earmarked funds. Each individual has a different capacity for risk, which determines the extent of discomfort they're willing to endure during a downturn. It's crucial to determine your investment time horizon and remember that shares represent partial ownership in a company, not mere pieces of paper to be traded.Listen to our comments here: https://youtu.be/NLePtFgIw_ 26.04.2024: (NCK) is doing a cap raise of $46M to acquire a UK listed furniture brand. This will dilute shareholder equity, however the market seems to be pricing in the future growth and expansion that will come with the acquisition. The share price moved up 15% today. Our HIT members prefer (TPW) in this segment for now. 24.04.2024: (CWY) has clarified media speculation that it has not received nor is it in talks with seven media for a takeover. Pushing the share price back down by 11% today, after it ran up over 15 % yesterday. 20.04.2024: No sign of the stock market letting up in the US overnight. The IT sector in the US is under a bit of pressure and a lot of profit taking has been seen over the last week. We have also seen (PME)(TNE)(HSN) (WTC) pull back significantly. Overvalued stocks will see some corrections, so be prepared for volatility. 16.04.2024: Lots of uncertainty in the market, negative geopolitical events may have adverse impact on portfolios. Manage risk effectively and a quick reminder that a loss of 20% on a portfolio will require a 25% gain to revert to original value. 12.04.2024: Question by HIT member: Why are consumers flocking to buy Gold at Costco stores in the US?Answer: The gold price has hit new highs, and the move is supported by investors' sentiment that a market rate cut is on the horizon. It's always been a good hedge against inflation, and investors looking to diversify are investing in gold in droves over the last couple of months. This is mostly a safe haven buy, and we think that the prices for most producers that HIT members follow (NST) (RMS) (SLR) (GOR) can potentially see an upside of 10%. For those looking to hold physical gold, it may be a little late as the price has moved up quite a bit, and gold being a cyclical commodity, mostly reverts back to the mean.The prospect of rate cuts, not too much in the distant future, has definitely acted as a tailwind and will add fuel to the demand, pushing prices higher. For those who like to invest in the touch and feel of gold, it's also available at Costco (US only), where you could just walk in and buy. For Oz investors, buy from registered dealers, who may also be able to provide you with a certificate of authenticity. 08.04.2024: Question by HIT member: is(RMD) still a buy?Answer: Resmed(RMD) share price had been greatly influenced by the introduction of Ozempic to the market as a wonder drug that may reduce the dependence on the Pap machine for sleep apnea patients. This has led to a fall in revenue and projected to continue to face a tough road ahead. HIT members think, Share price is fairly valued right now . We are not buying (RMD) until we have a clear guidance on the future of this medication and it's impact on the Australian market. 05.04.2024: There is a lot of uncertainty in the short term with respect to the rates and the general direction the FED will take. Macro factors are having a minor impact currently on our markets. Holding on to companies with long term sustainable growth will fare well in these times. HIT members have identified (JLG) as one such defensive investment. 03.04.2024: Question by HIT member: Any good dividend etfs in early up trend to park the cash in?Answer: with an ETF we at HIT are not aware of any that is shariah complaint at the moment in Australia. The issue is with the underlying basket of securites , most managers have their own criteria for selecting stocks which may not satisfy Islamic principles of investment. Please message us if you are aware of any that pass through Islamic shariah filters. 02.04.2024: Retail ( consumer discretionary) under a lot of pressure of late. Be cautious with new investments, most stocks (PMV), (LOV) are overvalued. Some HIT members are looking at (AX1). Slow growth, but good for long term dividend investment and currently trading at a low PE of 16. 28.03.2024: Question by HIT member: what are your views on ProMedicus?Answer: (PME) is a fast growing medtech company with extremely high valuations. This has been a steady performer and has been growing at a CAGR of 19% over the last 10 years. It is held by many of our members and could be a good long term hold. We are expecting to see a revenue uptick if it is able to migrate it's software on the AI wave and move forward with the apple mixed reality diagnostic imaging software. 24.03.2024: Question by HIT member: what is your style of investment? Which sectors is your business looking at?Answer: Asa, we do not provide financial planning / investment advice. Personally for my own portfolio I use a combination of fundamental and technical analysis. Stark consulting provides finance administration services only. You can read more on our website. The Halal investing team is a non profit group. Members share their ideas and research on the group. 23.03.2024: The Fed has taken a more dovish outlook, and we may expect an easing of the rates by the end of the year. I wouldn't throw caution to the wind. Invest in quality companies and names that support long-term growth. We are watching the healthcare sector for bargains; names such as (CSL) have already been picked up. 23.03.2024: Question by HIT member: You look at mainly fundamentals or technical?Answer: Fundamental analysis can be used for qualitative and quantitative assessment of a company where as Technical analysis can help with timing and general market sentiment analysis. Best is to use a combination of both which is what i use. listen to our comments: https://youtu.be/px42dX8yFYg 20.03.2024: (SHL) has proceeded with another strategic acquisition of Switzerland based medical lab Dr Risch laboratory group. Analysts are hoping that the operational performance could turnaround by 2025. We have seen the stock being shunned by investors over the last year, (SHL) prices are down over 35% since hitting peak during Covid. For a contrarian investor looking to invest for the long term this may be a stock to discuss your advisor. listen to our comments here: https://youtu.be/WKfmSUfzE5I 19.03.2024: RBA kept rates on hold today at 4.35% pinning market sentiment to a soft landing. Analysts are hoping for a rate cut by the end of the year. Our HIT members are leaning more towards defensive / quantity stocks such as (JLG), (CTD) and (REH) 18.03.2024: Question by HIT member: which app I can use to invest in shares,plz suggest?Answer: Some of the best ones to use are commsec and interactive brokers. We have a detail answer on our member website. Here:www.starkconsulting.biz/services/lng/ 18.03.2024: Question by HIT member: what's the outlook for (BHP)?Answer: Many analysts are of the view that with sustained slow down in iron ore prices, weaker demand from China and the property sector in general, will act as head winds and impact (BHP)negatively. However, some of our Dividend investors (5.5% yield) are still holding on despite a fall of 14% in share price year to date. 16.03.2024: Update on Nickel: The commodity has been under tremendous pressure after Indonesia has ramped up production of its low cost Nickle ore. Price per ton has fallen a lot, with Chinese demand for EV related batteries slowing down since last year. Demand for the metal still persists but supply is overwhelming the market. Our members prefer investing for the long term and some companies that are at the forefront in Australia nickel production are: (BHP, NIC, IGO). Listen to our comments on: https://youtu.be/cV5eYOne-CA 14.03.2024: The ASX ended the week in a sea of red. After a robust reporting cycle, investors are taking a breather and profit taking was evident with over valued stocks getting sold off. 09.03.2024: (CTD), informed the market that its ANZ CEO has stepped down, this has created a bit of uneasiness and share price has dropped over 2 % today. Overall, company remains on track for its 5 year revenue strategy. Listen to our comments: https://youtu.be/3vpbcJngHCU 06.03.2024: (DDR), got sold down over 10% today as the founder offloaded $90 million worth of shares as part of a divorce settlement. 27.02.2024: (JLG) is a core holding with many of our members and the Stock dropped over 20% at start of trading today. 1H24 revenue and NPAT slipped, but outlook for FY24 is guiding to a 5% increase on estimates. Stock has recovered some losses and ended the day 13% lower. 25.02.2024: Member question: is (WTC) still a buy?Answer: we discussed (WTC) wisetech in November 2023 and conducted a webinar and event explaining the compelling argument for the company. The stock has run up over 30% since then. Valuations are very high and the Stock is trading at all time highs and many analysts are of the opinion that it's trading at its intrinsic value. Many members have trimmed their current positions. We would not buy at these levels and will wait for valuations to become more attractive. Listen to our comments on WTC: https://youtu.be/MZbybRCMbDk 21.02.2024: Important update: (DTL) Data#3, does not pass our sharia filters, company has excessive cash holdings. Please modify your holdings accordingly. We would classify DTL as a non-halal investment based on its latest results and after having a careful look at its financials. 20.02.2024: Member question: assalamoalaikum just saw on news today about A2 Milk, once again i haven't invested , but seems like a sharia friendly, but its commodity, so dont know how they fare.Answer: (A2M) passes our Sharia filters. Its share price has been languishing over the last 4 years, and after hitting a peak of $20, it fell by over 80% and hasn't recovered since. A2M sales are very dependent on infant milk formula (IMF) sales in the Chinese market and were supported by the Daigou channel, which used to carry the product to the mainland. Since the pandemic eased, sales have dropped; IMF market and Daigou channel have been down, and the newborn birth rate in China has slowed down. Their sales in the ANZ market (locally) have not improved either. This notwithstanding, the fact that they have a strong balance sheet and have been quite resilient in the face of tough market conditions. I would not buy here until I see some more stability in revenue and earnings over the long term. The outlook for 2024 is supposed to be in line with expectations.Listen to our Commentary: https://youtu.be/UEqj6ekkNd8 16.02.2024: One of the most beloved IT companies on the ASX, (ALU) Altium has received a takeover offer, valuing the company at 9 billion, pushing it's share price up, by paying 30% over the current market price. M&A activity indicates easing of credit and flow of liquidity in the market. 14.02.2024: The reporting season is creating a lot of volatility in the market, coupled with the backdrop of unrelenting inflation. Amidst this, (IEL) has come out with some great numbers, and the stock price has rallied over 11% today. 02.02.2024: Radiology and imaging technology software provider (PME) is now in the $100 club. Stock rally refuses to slow down despite valuation at a ridiculous 175 times. 24.01.2024: (NAN) provider of automated disinfection devices, fell 34% today at the back of lower sales guidance. investors need to be vigilant when selecting their investments as companies with poor outlooks may get sold in this volatile market, regardless of their strong balance sheets. 22.01.2024: Everyone's favorite miner (MIN) had a -9% correction today. With weak lithium prices, It may be time to focus our attention on stocks other than mining for a little while. 17.01.2024: Ozempic (type 2 diabetes medication) update, more benefits are being touted such as loss of desire for alcohol and smoking, reducing the risk of heart attack and stroke and sleep apnea. A miracle drug indeed, not much is discussed in the media about the side effects. Expect some major disruptions in the health care sector this year. 15.01.2024: Looks like this could be the month of consumer discretionary stocks. SUL 🚀 is up 6% today and is at an all time high. Momentum chasers should take heed of the market volatility. RBA guidance next month will give the market a better direction, i would proceed with caution until then. 10.01.2024: All the parents who have been shopping for shoes at Skechers, your spending has finally paid off, AX1 moved 7% today. Retail sales during the holiday season is now reflecting in the price. 👟🥾👢 29.12.2023: Question from member: can we still buy BHP?Answer: For the dividend investors, BHP is looking interesting with iron ore prices refusing to come down. Stock has already run ahead of itself and is trading at a 13 multiple. Risk reward is not very attractive. Dividend yield is at 5.5% and BHP has a history of maintaining dividends however the yield may be offset by dividend adjusted stock price/ declines due to market conditions 27.12.2023: We have all heard of bulls and bears, and now we have the goldilocks scenario which is ideal for investing. This may be a short lived event in the market but if investors want to take advantage of this rally, proceed with caution. Select companies with stable returns on investment. Some of HIT members started buying tech stocks around 2 months ago and stocks such as WTC, ALU, TNE have all rallied over 15%. 14.12.2023: Fed has held rate steady in the US overnight and indicated at least 3 rate cuts by next year. This has brought a lot of price action in the markets today. HIT members have been buying (WTC) for over 3 months now slowly adding to our positions. Retail and materials sectors are looking interesting as well. 12.12.2023: News: (JLG) has excuted an agreement with Tower insurance to assist communities effected by cyclone Gabriel in north island in New Zealand. The rebuild works will continue well into 2024. Maybe expect some chnages in share volumes today. 11.12.2023: Major bushfire season on the horizon, one company that we have been tracking for a long time is (JLG). They specialise in insurnace restoration works. Its down over 30% from its peak, maybe a good time to add to your watchlist. 05.12.2023: One massively undervalued stock that we will be analyzing next week is (RMD). It experienced a 40% fall over the last couple of months due to Ozempic (a diabetes and weight loss drug) entering the market. There have been numerous negative reports of side effects related to the drug, and this should reinstate confidence in (RMD). The stock has already clawed back 15% 05.12.2023: RBA keeps rate unchanged. this is going to help spending during the holiday season. retail segment was already struggling. 4.35% cash rate unchanged. i'll update the (PMV) compelling argument by this week. This should boost investor confidence. Some buying already coming in. please remember, there is still a lot of volatility, so, consider investing after analysing companies for the long term. 01.12.2023: For those whose kids love to shop at Smiggle, (PMV) just had its AGM, positive guidance for FY24. Stock up 3% for the day. 👍 30.11.2023: Fast mover (IPG) has been on a uptrend since it listed in 2022. institutional placement offer for 14 mill new shares will dilute shareholders equity, but the market seems to like it. Shares up 15% today. Not your long term hold? ill update compelling argument, about, what the analysts think. soon inshallah. 29.11.2023:👍(TPW) had its AGM update today, stock price up 15% in one day. CEO has reiterated a positive guidance, revenue up 40%, $30mill share buy backs, and over $100 mill in cash. It could be a beneficiary of the holiday online sales. Maybe time to add to your watchlist. 27.11.2023: 👎 M&A activity on (ABY) today, they have received a indicative offer for $1.25. Share price has been languishing over the last two years and is down over 80%, revenues have been down as well. And today, market has pushed it up by 20% in 1 day ! better opportunities elsewhere? 23.11.2023: (JLG) is a provider of building and restoration services across Australia and the US. AGM was announced today with forecasts for FY24 of 18.5% growth in revenue and 20.1% in EBITDA. Stock to add to your watch list. I have been getting questions from members about providing a compelling argument for all posts made about companies. Inshallah i'll update the team members with the last two posts on (CCX )and (JLG) and compelling arguments/analysis will be posted on the website and podcasts shortly. We will also try and cover this on our webinar on Saturday inshallah. 22.11.2023: When the market slows down discretionary spending takes a hit, (CCX) is one stock that was loved by small cap fund managers, They just had their AGM and Australian revenue has been down over 35%,, stock has tanked over 93% since hitting peak in 2022. 👎
15.11.2023: CPI number was flat overnight and inflation outlook looking positive in the US. Analysts are Expecting a slow down to rates over the next couple of months. Hopefully the happy sentiment rallies the markets. We will be watching the tech sector today namely trying to buy back into Altium (ALU). I will inshallah provide a update on our webinar soon. 13.11.2023: Promedicus (PME) has been growing strength to strength. Signed another contract today ($20 mill over 8 yrs), the only issue is the valuation, it's trading over 140x. HIT members have been following this stock for over 10 years. 07.11.2023: RBA rates decision 0.25 % up. So much for people having fun at the Melbourne cup💸 cash rate now 4.35%. Market likes it, looks like it was expected. Hopefully people have saved up enough money for the holidays. 06.11.2023: ANN is currently trading at one of its lowest multiples. Its bottom line benefited from Covid, but sales for its products have declined slightly. Maybe time to reconsider the stock 03.11.2023: Market has been up three days now, proceed with caution. Look for stable compounders with history of consistent returns. WTC has been moving again. Maybe time to consider investing in some large caps? 26.10.2023: G8 Education (GEM) announced that it is selling 31 of it under performing centres. Stock is down 10%. Some members had this in their portfolios. Maybe time to trim position? 👎 19.10.2023: (CTT) is a up and coming online luxury retailer. this was over-bought during its IPO in 2021. now down over 20 % in 3 days despite having good sales. Investors are shying away from spending $500 on t-shirts I guess. 18.10.2023: (BAP) down over 18 % in three days, aftermarket auto parts dealer with consistent dividends, annual results were not strong during the reporting season. Annual general meeting : outlook was weak for 2024 . Maybe time to look at this. 12.10.2023: CSL and RMD are both lower by over 5% today, some members have this as a core holding. Maybe time to accumulate? 09.10.2023: With uncertainty in the middle East, investors seem to be rushing to buy energy and gold, WDS, NST and STO, pushing higher today.
08.10.2023: Med stocks such as CSL and RMD are on high multiples and may face downward pressure due to being favored by traders looking to short the stocks.
03.10.2023: RBA keeps rates on hold. 💰💰Don't start spending yet, unless you are booking overseas tickets via hello world travel (HLO) 😒. Travel sector is supposed to slow down this quarter.
28.09.2023: WHC had another 5% move today. Looks like people are starting to lean more toward the defensive sectors 26.09.2023: Question: Assalamualaykum brother, I know you from the halal investors chat, I just had a quick question concerning a particular stock. Is the Rumble stock (RUM) the new social media platform halal to invest in. Jazakallah kheirAnswer: ASA Brother, One of the primary principles of sharia compliant investing is making sure that the core activities of the business is Halal. Ulema' have outlined business activities that are not-permissible and this includes a company engaged in the production/ distribution of media related content. This would mean that the NASDAQ listed RUMBLE would not pass the filters and we would not be investing in this company. Similarly in Australia some companies that engage in supplying media content are, OML, NWS, SWM, NEC etc. 26.09.2023: One to add to watchlist and not to chase: PME up 9% on news of signing 140 mill sales contract..🚀 25.09.2023: Looks like the petrol prices are going to impact businesses and motivate the FED to consider raising the rates one more time this year. No one is saying that inflation has been beaten and that we have won and that the checkered flag has been crossed over successfully. is it time to reconsider safe energy stocks like WHC? it was up almost 4% today. 20.09.2023: Does the Lithium investment thesis still hold (IGO)? Luxury Car sales last year were being led by a high influx of electric vehicles. Tesla Model 3 has led the passenger vehicle sales as of August 2023. Battery life is expected to be around 25-30 years or 300,000 miles. But with new EV production and demand on the rise, Should we continue to buy IGO? Some profit taking going on since the start of this month. 18.09.2023: Is it time to buy travel stocks? . Hello world travel (HLO) had a good result this year. The price has already moved up over 100% year to date. It is liked by many small cap fund managers, but it may be too late to get in? 15.09.2023: The excellent Breville group (BRG)result this reporting season indicated, that the love for coffee and everything appliances has not waned. One of the very few quality retail stocks on the Australian share market. 13.09.2023: A high quality name available at a slight discount, after the reporting season results, wisetech (WTC) still commands a very PE, blue chip client base, highly recurring revenue model and high customer retention rates. 11.09.2023:Eroad (ERD) has dropped 35% today after completing the capital raise today. A company with a poor balance sheet, debt and difficult prospects of growth. 07.09.2023:Eroad (ERD), a modern day fleet tracking business that also manages regulatory and health matters for the transportation industry, has once more chosen to raise financing today in the amount of NZ$50 million. The net proceeds from the equity raise will be utilized to pay off debt, giving EROAD funding headroom to support its expansion strategy even more, particularly in the crucial North American market. It's not looking good, as the growth story has been told for the last three years since the IPO listing. 05.09.2023:News Flash: RBA maintains cash rate at 4.1%. 😊 05.09.2023: Fallen Angel? Qantas airways (QAN) long standing CEO has decided to bring forward his retirement by two months after the recent scandal, of selling tickets of canceled flights. Stock getting hit and down 15% in 2 months, even after a good result this year. Most analysts agree that it may be time to take some profits 05.09.2023: Question: why did we have a acquisition offer for liontown resources (LTR)?Answer: a 6.6 billion takeover offer for LTR was bid by Albemarle Corp. LTR is a ozzie battery minerals exploration company. Capital raised last year which gives it a cash in bank of 450 million. Does not produce any profit and mines will go operational by 2026 and has a few contracts in the pipeline. This makes it a attractive takeover target. Stock jumped 10% today. Does not pass Islamic investing filters. 31.08.2023: 🚀 IGO Results out today, Net profit up 66%, for those who love nickel and lithium producers. Be mindful of debt increase and capital raise 2 years ago 30.08.2023: Noteworthy: Johns lyng group (JLG), Excellent result this reporting season. Revenue up, NPAt Up, earnigs beat estimates, 8% move.🚀 29.08.2023: Small cap moves: Lindsay Australia (LAU), Fantastic result for reporting season. Revenue up, NPAT up, earnings beat estimates. More updates to come. 9% move today. Disclosure: Members hold position.🚀💸💰 28.08.2023: Members will read reports for the following companies this week, CCX, FMG, OCL, JLG, MIN, IMD. Reports coming out this week. 27.08.2023: Question by a non member: should we buy home builder stocks, now that the interest rate may not be increasing? Answer: the RBA has not flagged that the rates will not go higher, in fact the market sentiment is that the current rates will stay higher for longer. Maybe get used to paying the extra $250 per month on your debt repayments over the next couple of years. This may however give confidence to home builders to come back to the market and we may see new building activity in oz. With the Australian dollar lower now, will also attract overseas investors. Just look at the results posted by James Hardie (JHX) in this reporting cycle. Admin was holding (JHX) until the results cycle. Waiting for a correction to add back on a better price. 26.08.2023: Question has been posed by a HIT member: is BHP a buy ?Short answer: revenue and net income has reduced by over 10% and 30%. Total debt has increased by over 40% and shariah compliance debt to assets is at 22% . Cyclical stock and currently influenced by the changes in the Chinese GDP. Members to consider with caution, downside of over 20 % may be expected while upside of 10%. Risk reward is not in our favor. Admin would wait for a better discount 25.08.2023: Question posted by HIT member: which broker is the best for trading stocks in Australia? Answer: I learnt it the hard way, by trial and error. there are two considerations that you have to take into account: what are the features/support being offered? and what are my costs/risks? In terms of features i would look for broker research reports, customer support, call centre, iress platform, easy to use interface and frequency of trading (day trading (not allowed in Islam)/investing). When it comes to cost/risks, I would watch out for custodial services, brokerage fees, buy sell spreads, orders not getting filled, online V/s phone based customer support, security with investments, cancellation of orders, withdrawal and deposit charges. The most popular brokers in Oz are: commsec, nabtrade, interactive brokers, selfwealth, stake, trading view, IG markets, Thinkmarkets. Best with features: Commsec and Nabtrade, Best with costs: Selfwealth and Stake, Best for new starts: Commsec and Nabtrade, Best for seasoned traders: Stake, Trading view, Best with features and costs: Interactive brokers. What do i use? I have accounts with commsec, nabtrade, trading view, selfwealth, Thinkmarkets, Stake and interactive brokers. I use each one intermittently for research and placing trades. 24.08.2023: Question posted by HIT member: Is DTL (Data#3: ) a buy today?:Answer: Admin and some HIT Members are proceeding with caution. company stock has moved up 12% over the last 2 days and potential for volatility is high. for those looking to bear a short term downtrend of over 10% may consider buying and holding. The best approach would be to wait for the reporting season to finish and then buy a small parcel, adding on an incremental basis, a resonable discounted price would be $6.40. This should give a sufficient margin of safety to investors. PE steady at the moment at 28. Halal investing group (HIT) sees a potential 25% upside over the next 12 to 18 months with DTL (Data#3). Downside factors that have been considered are inflation, slowing of government spending, stability in employment, general (multiple) PE of the technology sector on Australia and US. Expect a bear term 6 -10% pain on the downside.Expect short term volatility as the annual reporting season is under way. DTL has reported two days ago with very strong numbers. Admin and some HIT will accumulate small positions over time. 24.08.2023: Question posted by HIT member: which stock is better: TNE (Technology one) or DTL (Data#3 :) : Answer: TNE and DTL both form part of the S&P/ASX 200 Information Technology index. TNE is far superior in terms of debt, inventory, payables and receivables management. TNE has higher net profit and gross profit margins giving it a wider berth, DTL survives on 1-2 % margins which may make it vulnerable to tough sales conditions. Due to the high sales turnover with DTL they have to manage their expenses by maintaining a higher cash balance and hence has a higher accounts receivable and payable. TNE is a far better investment and is a stable compounder.
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