Boss Energy

Posted on | by Leon Hinde | Leave a Comment on Boss Energy

Boss Energy is producing uranium, and therefore can take advantage of the current high price. Uranium prices have doubled in 2023 and are now trading at 15-year highs of US$87/lb.

12/1 Earlier this week, the price hit a 16-year high above $US93 per pound, after the US Department of Energy ramped up its $US500 million ($747.5 million) plan to secure a domestic supply of enriched uranium, which it currently sources from Russia.

11/1 update:

8/1 update

2023 Global Growth Portfolio: 80% return  

Posted on | by Leon Hinde | Leave a Comment on 2023 Global Growth Portfolio: 80% return  

At the start of 2023, we added 5 ETFs to the Investor Signals Global Growth portfolio. For the 12 months, the portfolio returned 80% with the bulk of the gains attributed to Cyber Security, Cloud Computing, and Fang.

We will be building the tracking portfolio of our favored funds for 2024 and covering these in our next public webinar.

Santos

Posted on | by Leon Hinde | Leave a Comment on Santos

STO shares remain heavily discounted, given superior free cash flow. Barossa project progression, completion of PNG selldown, and the potential merger proposal from WDS are all positive catalysts.

We expect STO to report a solid 4Q on 25th January and we look to buy STO on the current dip in price.

MongoDB

Posted on | by Leon Hinde | Leave a Comment on MongoDB

NAS: MDB is a buy with a suggested stop loss below $360.

Third Quarter Fiscal 2024 Financial Highlights

  • Revenue: Total revenue was $432.9 million for the third quarter of fiscal 2024, an increase of 30% year-over-year. Subscription revenue was $418.3 million, an increase of 30% year-over-year, and services revenue was $14.6 million, an increase of 13% year-over-year.
  • Gross Profit: Gross profit was $325.9 million for the third quarter of fiscal 2024, representing a 75% gross margin compared to 72% in the year-ago period. Non-GAAP gross profit was $335.3 million, representing a 77% non-GAAP gross margin, compared to a non-GAAP gross margin of 74% in the year-ago period.
  • Loss from Operations: Loss from operations was $45.2 million for the third quarter of fiscal 2024, compared to a loss from operations of $82.9 million in the year-ago period. Non-GAAP income from operations was $78.5 million, compared to a non-GAAP income from operations of $19.8 million in the year-ago period.
  • Net Loss: Net loss was $29.3 million, or $0.41 per share, based on 71.6 million weighted-average shares outstanding, for the third quarter of fiscal 2024. This compares to a net loss of $84.8 million, or $1.23 per share, in the year-ago period. Non-GAAP net income was $79.1 million, or $0.96 per share, based on 82.7 million diluted weighted-average shares outstanding. This compares to a non-GAAP net income of $18.7 million, or $0.23 per share, in the year-ago period.
  • Cash Flow: As of October 31, 2023, MongoDB had $1.9 billion in cash, cash equivalents, short-term investments and restricted cash. During the three months ended October 31, 2023, MongoDB generated $38.4 million of cash from operations, used $2.1 million of cash in capital expenditures and used $1.4 million of cash in principal repayments of finance leases, leading to free cash flow of $35.0 million, compared to negative free cash flow of $8.4 million in the year-ago period.