Episode 18: Coppertunity knocks​ episode artwork

EPISODE · May 17, 2024 · 31 MIN

Episode 18: Coppertunity knocks​

from Bulls vs. Bears · host MPC Markets

Stock Highlights: Incitec Pivot (IPL): Reported a $148 million loss due to gas price uncertainty, wiping out nearly a third of its fertilizer business value. Optimistic about selling the fertilizer business and the Gibson Island Hydrogen project. Aristocrat (ALL): Revenue up 6.1% to $3.27 billion, net profit after tax up 16.8% to $723.3 million. Boosted dividend and announced a $350 million share buyback. Strong growth in North America and Aristocrat Interactive. GrainCorp (GNC): Net profit down to $57 million from $200 million last year, revenue fell 25% to $3.38 billion. Focus on stabilizing operations and controlling costs. Trade of the Week: Copper Warrants (ZHGKOB): Copper has been trending higher since March and recently reached record highs. The ongoing supply shortages and the lengthy process to bring new supplies online are expected to continue driving prices up. The trade involves an entry price of $2.42 with a target of $2.75 and a stop loss at $2.15, aiming to capitalize on the high demand and limited supply in the copper market.

Episode metadata supplied by the publisher feed · Published May 17, 2024

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Episode 18: Coppertunity knocks​

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