Company Overview: Helloworld Travel Ltd (ASX: HLO) is involved in selling of international and domestic travel products and services, the operation of retail distribution networks of travel agents and specialized freight operations. Paladin Energy Limited (ASX: PDN) focuses on the production of uranium, and it operates through its various projects that are located in Australia and Africa, including Langer Heinrich Mine, Kayelekera, Mount Isa, Michelin, and Manyingee projects. The group has business operations in Australia and internationally. Kalkine’s Inflation Report covers the Investment Highlights, Key Financial Metrics, Risks, Outlook, Technical Analysis along with the Valuation, Target Price, and Recommendation on these two stocks.

Section 1: Introduction

Section 2: Investment Highlights & Summary Table

Section 3.0: Key Metrics in Pictures

Having looked at the key financial ratios above the below sections provide an in-depth fundamental, and technical analysis on these two ASX-listed stocks along with respective recommendations, technical support and resistance levels and indicative stop-loss.

Section 4: Helloworld Travel Ltd (ASX: HLO) (‘Speculative Buy’ at AUD 2.38 closing market price per share as on 1 August 2024)

Section 5: Valuation and Recommendation Summary

The stock has witnessed a decline of ~1.6% in the last three months, and over the last one year, it has decreased by ~18.4%. The stock has a 52-week low and 52-week high of AUD 2.060 and AUD 3.290, respectively, and is currently trading below the average of 52-week high-low average. HLO was last covered in a report dated '20 June 2024'.

Section 6: Paladin Energy Limited (ASX: PDN) (‘Speculative Buy’ at AUD 11.66 closing market price per share as on 1 August 2024)

6.1 Company Details, Business Updates, Key Risks & Outlook

Section 7: Valuation and Recommendation Summary

The stock has witnessed a decline of ~21.5% in the last three months, and over the last six months, it has decreased by ~9.4%. The stock has a 52-week low and 52-week high of AUD 7.25 and AUD 17.98, respectively, and is currently trading below the average of 52-week high-low average. PDN was last covered in a report dated '4 July 2024'.

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 1 August 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual’s appetite for upside potential, risks, holding duration, and any previous holdings. An ‘Exit’ from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above. 

Note 4: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: - 

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock. 

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock. 

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.