Weekly | Why are BOE, DYL & CDA ending the week on a high?

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7931.20 on Friday, up 1.78% in the past 5 days.

1. $BOSS ENERGY LTD(BOE.AU)$ +24.68%

• $PALADIN ENERGY LTD(PDN.AU)$ 's Langer Heinrich Mine in Namibia is temporarily suspended due to unseasonal rains, potentially boosting uranium prices. This would materially benefit Boss Energy

• Boss Energy's 25% share price increase since last Friday may be fueled by Bell Potter's buy rating and $4.80 target, potentially offering a 65.5% upside.

• Boss Energy remains the ASX's most short-sold share, with recent gains possibly indicating a short squeeze.

2. $CODAN LTD(CDA.AU)$ +13.41%

The resilient Australian market offers potential opportunities in undervalued stocks like Codan for investors seeking to capitalize on price-intrinsic value discrepancies.

• Codan is trading at A$15.63, below its estimated fair value of A$17.54, suggesting it may be undervalued based on cash flows.

• The company's earnings are forecast to grow 19.4% annually, outpacing the Australian market's 12.1%.

• Recent half-year results showed sales of A$305.62 million and net income of A$46.04 million, both up from the previous year.

3. $DEEP YELLOW LTD(DYL.AU)$ +12.38%

• Deep Yellow announced Macquarie Group as a substantial holder as of March 14, 2025, indicating significant interest and potential market influence.

• DYL's shares may see movement based on the upcoming Tumas FID, a significant milestone that could set the miner on path to production by early 2027.

• Brokerage maintains "outperform" rating at PT of A$1.9/shr

4. $NEW HOPE CORP LTD(NHC.AU)$ +9.31%

• New Hope just reported its half-year results, with both coal production levels and earnings surging year on year, the company achieved a 35% increase in net profit after tax (NPAT) for the six months.

• Investors reacted positively to management's announcement of an on-market share buyback of up to $100 million.

• And 19 cents per share dividend is up 11.8% from last year's interim dividend.

5.$TPG TELECOM LTD(TPG.AU)$ +9.29%

• The Australian regulator approved Vocus Group's proposed A$5.25 billion acquisition of TPG Telecom's fibre, fixed assets.

• With lower interest costs, a declining opex profile and lower capex requirements, TPG is poised for substantial free cash flow growth for the next 3-4 years.