UBS analysts point out that Alumina Ltd is already trading below its NPV and replacement cost, but cost blow-outs for Alcan imply even greater value.
A surge in the oil price led to another good night for metals prices, particularly gold, and a bounce in the Dow. Cold weather was one factor, but what George Bush will say this morning was another.
The innovative thinkers at GaveKal research can’t see any change from 10% growth and subsequent demand coming out of China in the current year.
News Corp will be added to Macquarie’s recommended list shortly, a source tells us.
Austock suggests any sale by Merck of its generic drug maker Alphapharm would lift competition in the Australian market as the new owner would move to stem market share losses.
A poor start to the week was driven by growing concerns that earnings expectations may be a bit ambitious, particularly in tech stocks.
What happens when buyers cannot find sellers? The U3O8 spot price remains unchanged. Cameco’s update in three weeks is bound to break the impasse.
Success story Boom Logistics has been in the doldrums of late, but Intersuisse is tipping a re-rating ahead.
Is former daytrader darling Consolidated Minerals about to fall into the hands of a Russian suitor? The West Australian thinks so. Thus far investors are lukewarm, at best.
At least one respected US economist sees the oil price collapse continuing, and you can throw in gold and other commodities as well.
