• Christopher Hall

3 Leading Companies from 3 Leading Groups

In every market movement there are leading groups. Here we look at three of the best performing companies from three leading industry groups.

This week we’re looking at:

Engineering Companies:

CARDNO LIMITED [CDD]: provides consulting services of engineering, surveying, planning, architecture and geotechnical (mining) mostly across Australia and New Zealand.

MATRIX COMPOSITES & ENGINEERING LIMITED [MCE]: Manufacture, distribute and rent out drilling and well products for the iron ore and oil & gas industry. MCE’s manufacturing plant is in Henderson WA. Focus has been on services to the domestic oil & gas industry since 2013.

LYCOPODIUM LIMITED [LYL]: is a consultant in the engineering and project-management space covering infrastructure, rail and metallurgical (mining). LYL work from the evaluation and development of projects through to the full implementation and optimisation.


Oil, Gas and Shale Oil:

BEACH ENERGY LIMITED [BPT]: A leader from the 2012 non-conventional energy rally is rallying again. BPT produces and explores oil & gas from Australia to Tanzania, and Romania, with flagship operations in SA and New Zealand. Recently BPT discovered ad new Gas field.

BURU ENERGY LIMITED [BRU]: produces and explores oil & gas in the Canning Basin, WA. One project is 50% owned by Mitsubishi Corporation. Currently BRU are producing from Wyndham. BRU are also actively drilling and regularly reporting development well spuds with findings above expectations. As of September 2017 BRU is fully funded to accelerate their Ungani oilfield development.

BYRON ENERGY LIMITED [BYE]: explores oil & gas in the United States. Currently not producing but actively drilling since October 2017. and regularly reporting development well spuds with findings above expectations.

Automotive Companies:

ELDERS LIMITED [ELD]: One of Australia’s larger companies associated with the automotive industry (also in many other industries including agriculture). In June 2017 we noted that ELD was returning to paying a dividends, paid in November 2017. Since we noted this return of dividend and increased attrachtion for many investors and managed funds and ETFs the share price is up 63%. ELD continues to refinance their loan book which has buoyed investor sentiment with the share price.

SCHAFFER CORPORATION LIMITED [SFC]: spread from automotive leather, construction materials and property leasing. SFC owns 83% of Howe Australia which supplies Audi, GM, Land Rover, Nissan, Toyota and Ford with leather. Success in the leather industry enable SFC to fully replay the loan to the Commonwealth Government from 20 years ago with high interest rates. Many expect the repayment of this loan to dramatically lift 2HFY18 profits.

NATIONAL TYRE & WHEEL LIMITED [NTD]: NTD is a recent IPO of $101m at $1 a share have performed strongly in their first month on the bourse. NTD imports and distributes Cooper and Micky Thompson branded tyres, amongst others, exclusively across Australia, New Zealand and South Africa.