LA Private

May 22, 2024

The end of the great car boom: AP Eagers issues surprise earnings downgrade

The great car boom has ended with the country’s biggest dealer, AP Eagers (ASX:APE), issuing a surprise earnings downgrade, which saw the shares slump almost 20%. The update from the company came after three huge years, as a shortage of vehicles led to surging prices for both new and used vehicles, resulting in very strong […]

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Stocks of the Hour: Charger Metals, Fin Resources, Aeon Metals

To register for Friday’s webinar click here. Charger Metals (ASX:CHR) announced that infill soil-sampling programme has further delineated surface lithium anomalies at the Mt Gordon Prospect at Lake Johnston, including anomalies not previously identified. The soils programme has also defined a large niobium anomaly 1.8 km by 1.7 km in the south of the tenement.

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Investors observing China’s economic trends

Investors observing China have noted some recent positive trends. China’s exports have begun to increase, bolstering economic growth despite a prolonged downturn in the property market and sluggish consumption. Chinese policymakers may see this as validation of their strategy focused on factory-driven growth. However, a significant structural issue remains largely unaddressed. While the government has

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The allure of Chinese gold

China has its own customs regarding gold, with buying gold during the Lunar New Year holiday being a notable tradition. Historically, the precious metal has traded at a premium to global prices in China around these holidays, which coincide with the peak season for retail demand. However, this year, Chinese gold buyers are breaking from

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