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Charlie Ormond

Xero [ASX:XRO] Shares Tank Despite Solid HY24

Xero [ASX:XRO] Shares Tank Despite Solid HY24

Xero shares tanked today despite the company swinging to a 1H profit and turning around growth metrics. New CEO Sukhinder Singh Cassidy gave plans to improve the business through 2024, which we’ll explore.

By Charlie Ormond, Thursday, 09 November 2023

James Hardie [ASX:JHX] Shares Jump Double Digits on Record Profits

James Hardie [ASX:JHX] Shares Jump Double Digits on Record Profits

James Hardie shares rose today as the building products company reported a record second-quarter profit as higher selling prices and lower costs offset falling volumes across its segments.

By Charlie Ormond, Wednesday, 08 November 2023

Wildcat [ASX:WC8] Results Hint at New Lithium Giant

Wildcat [ASX:WC8] Results Hint at New Lithium Giant

Wildcat’s share price is back on the move today following the release of further promising lithium results from its Tabba Tabba Project. The company has seen an incredible 3000+% share price increase this year, so what’s next?

By Charlie Ormond, Monday, 06 November 2023

The Tech Metal Tug-of-War

The Tech Metal Tug-of-War

In an era where technology and geopolitical interests intersect, China’s decision to restrict exports of crucial metals and minerals is another ripple in the ongoing tech tussle with the West.

By Charlie Ormond, Monday, 06 November 2023

Interest Rate Hike on Cup Day? Don’t Bet Your House On It

Interest Rate Hike on Cup Day? Don’t Bet Your House On It

Reading any financial media in the past week would make you think that a rate rise next week is inevitable, so why is the market still thinking there is a 50/50 chance?

By Charlie Ormond, Saturday, 04 November 2023

Sayona Mining [ASX:SYA] Bounces off Two-Year Low with Drilling Results

Sayona Mining [ASX:SYA] Bounces off Two-Year Low with Drilling Results

Sayona Mining released its latest drilling results showing multiple high-grade lithium intercepts from its recent drilling campaign at the company’s North American Lithium operations.

By Charlie Ormond, Thursday, 02 November 2023

Regal Partners [ASX:RPL] Takes Strategic Stake in Taurus

Regal Partners [ASX:RPL] Takes Strategic Stake in Taurus

Shares in Regal Partners rose sharply today after the Aussie hedge fund announced it would buy a stake in Taurus, adding to its growing pile of funds under management.

By Charlie Ormond, Wednesday, 01 November 2023

Treasury Wines [ASX:TWE] Buys California Brand for $1.6 Billion

Treasury Wines [ASX:TWE] Buys California Brand for $1.6 Billion

Treasury Wines made a big move into the U.S. market today, announcing the purchase of luxury brand Daou Vinyards in a deal worth up to $1.6 billion.

By Charlie Ormond, Tuesday, 31 October 2023

Harvey Norman Profits Halve in First Quarter

Harvey Norman Profits Halve in First Quarter

Harvey Norman’s latest trading update flags a big sales slump across the group as the homeware retailer faces the sharp end of a consumer slowdown in spending.

By Charlie Ormond, Friday, 27 October 2023

Kogan [ASX:KGN] Returns to Growth

Kogan [ASX:KGN] Returns to Growth

Kogan shares surged today as the company’s latest business update reveals it has turned a corner, returning to growth after a challenging couple of years for the retailer.

By Charlie Ormond, Wednesday, 25 October 2023

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