October is a slow month on the stock market and markets have not been very exciting recently, but activity is picking up before Christmas and the new year. Here are some stock picks for October which we recommend to check out and do more research and see if it is worthy of a spot on your portfolio.
They are a mix of Australian stocks and IPO’s from the poultry and food and veg markets to the tech industry.Our pick is Costa IPO and Hotcopper. Further research is a must before investing.
|Costa Group ASX Code: CGC|
Costa group is one of the biggest food groups in Australia. They produce and market strawberries, blueberries and much more in Australia. You can find their fresh fruits and veges in most popular grocery shopping centres.
Costa Group is Australia’s largest horticultural company and a major supplier of produce to food retailers in that country. Costa is Australia’s big grower, packer and marketer of fresh fruit and vegetables.
Revenue: 662.3 million AUD (2014)
|Ingham Group ASX Code: ING|
Ingham foods @ASX
Ingham brand is well known for its poultry. They have a large distribution of chicken in Australia. Steggles The Ingham float is slated to occur just days ahead of the $3.3bn-plus Alinta Energy, of which TPG holds a stake of between 20 and 30 per cent.
The company claims to be one of the largest producers of chickens and turkey products in Australia; and employs in excess of 9,000 people in more than 100 locations in Australia and New Zealand. The company was founded in 1918
Some other Australian chicken producers
Mt Barker (WA) http://www.mtbarkerchicken.com.au/
Inglewood farms (Macro) http://www.inglewoodfarms.com/
NICHOLS Poultry (Tasmania) http://www.nicholspoultry.com.au/
Moira Macs chicken (Vic) http://www.moiramacs.com.au/index.html
|Tegel Foods ASX Code: TGH|
Tegel foods ( TEGEL GROUP HOLDINGS LIMITED)
Shares in Tegel Group soared as high as 10 per cent when it made its dual listing on the NZX and ASX.
Official listing date
Nature of Business: Tegel is New Zealand’s leading poultry producer and also manufactures and markets a range of other processed meat products
This is a New Zealand based food group that launched its IPO in both NZ and Australia.
They are pretty big in NZ and are looking to boost their Australian presence.The current stock price is as above
|Hotcopper Holdings ASX Code: HOT|
HOTCOPPER HOLDINGS LIMITED Today’s price 0.200
You search for hotcopper on Google.com.au and you will get all other company or asx codes, that’s because hotcopper is one of the most popular Australian website forums for Australian stock market news and banter. Hotcopper is our tech sector pick.
As websites need minimum capital to run and maintain and with bigger membership these can easily make huge amounts of money this is my favourite pick. Saying that it is also easy to mismanage funds in tech sector if the the funds are not applied right, so there is always that risk
From Wikipedia, the free encyclopedia
HotCopper is an Australian stock market online chat forum that allows its users to discuss financial topics. As of 2015, HotCopper was in the top 170 websites in Australia and was the 5th most popular Financial Services site in Australia as reported by Alexa
- Jump up^ "BRW Rich 200 2012: Bob Ingham". BRW. Australia: Fairfax Media. 24 May 2012. Retrieved 5 June 2012.