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GWA Group Ltd V.GWA


Primary Symbol: GWAXF

GWA Group Limited is an Australia-based company, which is a designer, importer and supplier of products and solutions, focused on the delivery of sustainable water solutions for bathrooms, kitchens and laundries. The principal activities of the Company include research, design, import and marketing of building fixtures and fittings to residential and commercial premises, including sanitaryware, tapware and showers, baths, intelligent water management solutions, and related kitchen, bathroom and laundry products/accessories. It distributes, installs, maintains and repairs various products through a range of distribution and customer channels in Australia, New Zealand and selected international markets. Its Water Solutions segment includes the sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories. Its brands including CAROMA, METHVEN, dorf and CLARK.


OTCPK:GWAXF - Post by User

Post by Tim2Agamion Sep 10, 2024 6:07pm
127 Views
Post# 36217562

OPPORTUNISTIC THEFT

OPPORTUNISTIC THEFT

2024 09 10

How glorious it is to swindle capitalist roaders and Canadian running lackey dogs

Gan bei!

   
 Rgu n nng tu, n ji tu



Precious metals analysts at RBC Dominion Securities are forecasting “exceptionally strong” results for gold equities in the second half of 2024.

“In 2Q, gold producers reported seasonally weak operating results but a sharp improvement in financial results due to higher gold prices. In 2H, we forecast a sharp improvement in operating results which, alongside elevated gold prices, could match record FCF for the sector realized in 2H20,” they said. “Commentary by operators continues to emphasize a measured approach to discretionary spending and a focus on cost containment, in our view critical for gold equities to continue to participate in price upside. At RBC revised pricing, we forecast large-cap gold producers trade at 2024/25 FCF/EV yield of 4.7 per cent/7.6 per cent and EV/EBITDA of 6.4 times/5.2 times.”

In a research report released Tuesday, RBC “modestly” raised its gold price forecast for the remainder of the day while hiking its long-term project by 10 per cent to US$2,200 per ound (from US$2,000), “influenced by rising breakeven costs of mine production as well as gold price model updates.”

“We increase our gold forecast in 2024 to $2,343/oz (up 2 per cent) and 2025 to $2,655/oz (up 1 per cent) in conjunction with RBC Elements,” the analys said. “RBC Mining Equities’ gold price forecasts are slightly below spot near-term, where we view current rate cut expectations and US election uncertainty as risks. Potential weakness in gold equities is viewed as a buying opportunity ahead of a major 2H24 improvement in financial results. Our preferred gold equities include Adriatic Metals, Agnico Eagle, De Grey, G Mining, Hochschild Mining, New Gold, Osisko Gold Royalties, Royal Gold, Torex Gold.”

They added: “Investment demand is growing, but some price risks are present near-term. Gold prices have continued to reach new record high prices more than $2,500 per ounce, supported by strengthening investment demand on shifts in monetary policy expectations, a key component of our bullish view. Since our prior May outlook, consensus rate cut expectations have sharply increased, now slightly exceeding our gold price model inputs. Our gold price forecasts are slightly lower in 3Q vs. spot, and we view some downside risk near-term in light of consensus rate forecasts, plus US election uncertainty in November. We would view upcoming potential gold price downside risk as a buying opportunity.”

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