EQUITY RESEARCH
iCollege Limited (ASX: ICT) - Strong Domestiic Demand in Healthcare Training for COVID offsets Income not Generated from Overseas Students
ICT is an Vocational Education Training (VET) provider
delivering accredited and non-accredited education and training solutions. In response to the economic
impact stemming from the COVID-19...
3/2/2021
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BNK Banking Corporation Limited (ASX: BBC) - Update - Aggregation Segment Continues to Drive Loan Book Growth
We have upgraded our price target from $1.12 to $1.19 per share. This represents a 63% premium to the share price of $0.73 at 22 February 2021. The upgrade
is driven by two key factors: (1) Faster...
3/2/2021
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IIR Pharma & Biotech Index
We thought we’d kick off the year by taking a look at the
top performing companies in the index for 2020. The top 10
performers are tabled below. There were some impressive returns for some of the...
3/2/2021
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Pan Asia Metals Limited (ASX: PAM) - Tungsten and Lithium Projects located in Thailand - By-products including, sulphate of potash (“SoP”), a high quality Potassium Fertiliser
Pan Asia Metals (“Pan Asia” or “the Company”) is a recent listing on the ASX, with a focus
on developing “critical” metals projects in the emerging economic powerhouse of SE Asia....
11/10/2020
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Great Southern Mining (ASX:GSN) - Ongoing Exploration Success - The Company has Assembled a highly Prospective Portfolio of Properties in Western Australia and Queensland
Activities over the past 11 months have yielded very encouraging results for Great Southern Mining...
10/12/2020
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BNK Banking Corporation Limited (ASX: BBC) - BBC Posts Strong Growth In Uncertain Times -
We have assigned BNK a value of $1.12 per share. The valuation is based on a PE multiple of 10x the FY21 forecast EPS plus the current value of the net trailing
commission receivable per share. This...
9/7/2020
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COMPANY PROFILES
Pure Minerals Limited (ASX Code: PM1) - Nickel & Cobalt Specialty Chemical Project
Pure Minerals at A$0.019/sh would have
a market capitalization of A$16.1M. Our NPV for the NiCo plant ranges from A$47M using
the cycle price lows of the last three years to A$585M using cycle price...
5/30/2020
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Hexagon Energy Materials Limited (ASX: HXG) - Advancing REE Downstream Processing, Looking to Commercialise new Technology with the Potential to Disrupt the Chinese Domination
Our view is that Hexagon represents an excellent ‘ground-floor’ opportunity for investors to gain exposure to REE through a lower-risk, more commercially advanced business strategy than a typical...
2/11/2020
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Talisman Mining Limited (ASX: TLM) - Exploration - Copper/ Gold - Cobar, NSW - Healthy Balance Sheet
Since rewarding shareholders with a A$0.22/share return of capital and fully franked dividend
from the sale of the 30% share in the Springfield JV to Sandfire Resources - Talisman Mining is now...
11/11/2019
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Navarre Minerals Limited (ASX: NML) - Gold - Victoria - Drilling Program To Commence - Highly Prospective Holdings
Navarre is set to commence an expansive drilling program in the Stawell Corridor, which is expected to contribute towards Navarre’s first Mineral Resource....
11/11/2019
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Altech Chemicals Limited (ASX: ATC, FRA: A3Y) - High Purity Alumina - Patented Acid Leach Process - German Partner - Malaysia
Altech is now looking to finalise the equity portion of the expected remaining US$380 million finance requirements (which includes an allowance of US$100 million for working capital, debt service etc...
5/20/2019
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LISTED MANAGED INVESTMENTS
LMI Monthly - February 2021 - IIR LIC/LIT/ETF Research Scheme
Data Collected on a Monthly basis by the IIR Research team on the whole sector. ratings are applied to those Managers who participate in LIC/LIT/ETF Research Scheme and ratings are applied to those...
3/2/2021
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LMI Monthly - Spotlight on QRI, MXT and MOT
This research study is prepared on the basis of data collected by the IIR Research Team from both the managers and ASX....
9/7/2020
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Listed Managed Investments - Monthly Review
LIC/LIT/ETF Review - Spotlight on Gryphon Capital Limited. The publication is based upon the data collected by the IIR Research Team...
8/24/2020
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LIC/LIT/ETF Monthly Review & Spotlight Spotlight on Ophir High Conviction Trust (ASX: OPH)
Monthly Review of all Listed Managed Funds - Data is collected by the IIR Research Team...
6/21/2020
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Monash Absolute Investment Company (ASX: MA1) - Seeking to Convert LIC to an Exchange Traded Managed Fund - September 2020
The Fund’s strategy is based
on benchmark unaware, market cap agnostic, absolute value, long-short Australian equities
strategy. The absolute returns aspect is based on discretionary rotation in and...
6/18/2020
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UNLISTED INVESTMENTS
iPartners Investment Fund - Diversified Portfolio of Private Credit, Asset Backed Debt, Property Debt and Private Credit Funds
The Fund is one of the more attractive propositions this analyst has seen in the asset class. we believe it is very well positioned to capitalise on the private debt premia, which compromises three...
3/2/2021
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PMAC Trust - Provides Exposure to a Diversified Portfolio of Loans to Commercial Borrowers
The Trust is an attractive income play and also a thematic play on the continuing evolution of the Australian non-ADI lending market. Non-ADI (private debt) lenders continue to take an increasing...
3/2/2021
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360 Capital Credit Income Fund
The Fund is targeting return of at least RBA Cash plus 4.0% p.a. (currently 4.25% p.a.) paid monthly. Distributions will be paid monthly commencing June 2020 with a Guaranteed Return until 13 May 2021...
5/31/2020
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360 Capital Active Value Equity Fund
The portfolio will build
over times as opportunities present, with the Manager targeting 10-20 companies that can: deliver >5%p.a. average NPAT growth, and have, or can achieve, >12.5% ROIC....
5/31/2020
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Federation Alternative Investments Fund
The Fund is an unlisted unit trust issued in December 2018 that focuses its investments in three key sectors; renewable energy, real estate, and private equity...
5/31/2020
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