Equity Research Coverage Reports

Aguia Resources Ltd - ASX: AGR - Fulfilling Brazil's Fertiliser Needs
Monday, August 26, 2013
Aguia Resources Limited (AGR) is a junior exploration company leveraged to the fertiliser market. The company has interests in three phosphate rock and one potash project all located in Brazil. The company is seeking to become a producer in the near-term to take advantage of the significant fertiliser needs of Brazil, which are currently largely imported.
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Jumbo Interactive Ltd - ASX: JIN - Online reseller of lottery tickets - A Good Bet
Sunday, August 18, 2013
The company has the online platform for Ozlotteries. The company is expecting online sales or Total Transaction Volume (TTV) for FY13 of over $100m, from which it expects to earn commissions of approximately 23%. While the company is expected to face pressures on the level of commissions it can charge in the coming years as a result of increasing competition.
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NewSat Limited - ASX: NWT - Launch of Satellites to Transform Business
Tuesday, August 13, 2013
NewSat Limited (NWT) is a satellite communications company which currently operates two teleports in Adelaide and Perth. Between the two teleports the company owns and operates 23 antennas, up-linking to 17 geostationary satellites. Through these teleports the company provides remote and temporary sites with secure internet, voice, data and video communications via satellite.
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Latin Resources Limited (LRS) - Update Note - Significant Increase to Exploration Target - Peru - latinresources.com.au
Sunday, August 4, 2013
In late November 2012, the company announced a significant increase to the exploration target at the Guadalupito Project in Peru. The exploration target was increased from 2.7B tonnes to 4.5B tonnes @ 6.1% heavy minerals. The increase was a result of new drilling and sampling results from prospects within the Project area.
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Emerchants Limited (EML) - Reloadable Contracts Driving Growth - Valuation Upgrade to 50c
Wednesday, June 26, 2013
Since we initiated coverage on EML (formerly known as Adept Solutions) the company has secured a number of new agreements to provide prepaid card products and processing services. The company has been focusing on growing the reloadable business, which is where revenue growth is likely to come from for the company
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