A potential deficit in Brazil’s iron ore production has propelled the share price of Fortescue, so is it time to buy, hold or sell?
Gaurav Sodhi is the deputy head of research at Intelligent Investor (under AFSL 282288), owned by InvestSMART Group Limited. Gaurav is a keen boxer and a trained economist. His successful track record as a private investor and a lifelong fascination with rocks and minerals lead to him becoming Intelligent Investor's resources analyst in 2009. As well as resources, Gaurav covers telecommunications and power infrastructure. To unlock Intelligent Investor stock research and buy recommendations, take out a 15-day free membership.
BHP is on track to post a net profit of about $US10bn this year, 10 times as much as it made just two years ago.
Fleetwood has issued an ultimatum for its long-struggling RV: meet the targets or face the chop. So should shareholders cut and run?
That this would be a strong result was never in doubt, but the deeper you dive into the Rio Tinto result for 2017, the better it gets.
TPG’s interim result was a strong one but spending is likely to rise.The company’s acquisition of iinet has helped offset its shrinking broadband margins.
Telstra’s interim result caused its shares to tumble, but was it really that bad?