MICHAEL HEFFERNAN

Phillip Cap­i­tal Share­bro­kers

Sunday Herald Sun - - Opinion -

BUY

BHP BIL­LI­TON (BHP) Fol­low­ing a ro­bust pro­duc­tion re­port and sharp price rises for the min­er­als it mines, its profit re­port in a few weeks’ time should be most im­pres­sive. $27.52 RIO TINTO (RIO) Its re­cent pro­duc­tion re­port was also im­pres­sive and the sky­rock­et­ing iron ore price au­gurs well for its profit re­sult also due soon. $67.85

HOLD

IRESS TECH­NOL­OGY (IRE) This fi­nan­cial ser­vices in­for­ma­tion provider keeps on per­form­ing well. Ex­pec­ta­tions of future profit growth re­main favourable. $11.50 COMPUTERSHARE (CPU) This share reg­istry busi­ness should ben­e­fit from a stronger $US, in­creas­ing US in­ter­est rates, and its in­ter­na­tional di­ver­si­fi­ca­tion. $12.90

SELL

VOCUS (VOC) Slumped in share price fol­low­ing the an­nounce­ment of its Nex­tGen ac­qui­si­tion. Also AGM talk did not in­spire con­fi­dence about re­gain­ing mo­men­tum. $4.15 DULUX (DLX) Failed to gain trac­tion in the pre­vi­ous ro­bust hous­ing con­struc­tion and ren­o­va­tion mar­ket. In the cur­rent en­vi­ron­ment it’s hard to see a marked re­ver­sal in for­tune. $6.10

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