Spotlight on mining services

Nearing the end of our initial sweep of the ASX 300, Gaurav Sodhi shines a light on mining services stocks, and walks away a little disappointed.

By ·
27 Mar 2013 · 12 min read
Recommendation
Spotlight on mining services
View company profile for AAX

Date 27 Mar 2013
Current Price $0.40
Business Risk
Med-High
Share Price Risk
High
Spotlight on mining services
View company profile for ALQ

Date 27 Mar 2013
Current Price $8.20
Business Risk
Med-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for ANG

Date 27 Mar 2013
Current Price $0.19
Business Risk
High
Share Price Risk
High
Spotlight on mining services
View company profile for ASL

Date 27 Mar 2013
Current Price $2.22
Business Risk
High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for DCG

Date 27 Mar 2013
Current Price $0.96
Business Risk
Med-High
Share Price Risk
High
Spotlight on mining services
View company profile for EHL

Date 27 Mar 2013
Current Price $2.02
Business Risk
Very-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for FGE

Date 27 Mar 2013
Current Price $0.92
Business Risk
Medium
Share Price Risk
Very-High
Spotlight on mining services
View company profile for IMD

Date 27 Mar 2013
Current Price $1.42

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
High
Share Price Risk
High
Spotlight on mining services
View company profile for MAH

Date 27 Mar 2013
Current Price $0.21

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
Very-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for MCE

Date 27 Mar 2013
Current Price $0.40

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
Very-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for MIN

Date 27 Mar 2013
Current Price $13.97
Business Risk
Med-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for MIO

Date 27 Mar 2013
Current Price $2.18
Business Risk
Med-High
Share Price Risk
Very-High
Spotlight on mining services
View company profile for MRM

Date 27 Mar 2013
Current Price $0.20
Business Risk
High
Share Price Risk
High
Spotlight on mining services
View company profile for NWH

Date 27 Mar 2013
Current Price $2.45

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Max Portfolio Weighting
Business Risk
High
Share Price Risk
High
Spotlight on mining services
View company profile for SDM

Date 27 Mar 2013
Current Price $0.95
Business Risk
Med-High
Share Price Risk
Very-High

Levi Strauss has a lot to answer for. At the time of the California gold rush the inventor of jeans homogenised men's fashion and cemented the idea that supplying miners, rather than digging up minerals, was the way to benefit from a resources boom.

Every boom is now accompanied by whispers about 'picks and shovels', which is just one reason why the mining services sector is so loved. The boom in their share prices is another. Recent falls may make the sector look more attractive but investors seeking shelter from volatile commodity prices won't find it here.

Free Insights Membership Premium 15 Day Free Trial
Create a free account, and get access to Insights, Research Tools & Portfolio Manager. Create a Premium account, and enjoy 15 day free trial, with unlimited access to all our research & services.

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter your SMS code' }}

A text message with your verification code was just sent to {{user.DayPhone}}

We cannot send you a code via SMS to {{user.DayPhone}}

Hi {{ user.FirstName }}, please provide your mobile number.

{{ content.trialHeading.replace('{0}', user.FirstName) }}

We'll send you a text message with a verification code to start your free {{ '2' == '1' ? 'Eureka Report' : 'Intelligent Investor' }} 15-day trial.

Log in

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

Thank you

We have sent you an email with the details of your registration.

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
Mobile phone number is invalid.
I have read InvestSMART's Financial Services Guide and Privacy Policy, and agree to the Terms & Conditions.
You must accept the terms and conditions.

Already a member? Log in

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

OR

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.
Please untick this box when using a public or shared device

Not a member? Sign up

Forgotten password? Click here

{{ upgradeCTAText }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.


Please make sure your payment details are up to date to continue your membership.


Having trouble renewing?

Please contact Member Services on support@investsmart.com.au or 1300 880 160

You've recently updated your payment details.

It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.


If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.


Still having trouble viewing content?

Please contact Member Services on support@investsmart.com.au or 1300 880 160

Please click on the ACTIVATE button to activate your Eureka Report 15-day free trial

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.
Please untick this box when using a public or shared device

Not a member? Sign up

Forgotten password? Click here

Upgrade Today
Card Details Edit
visa
visa

Unsuccessful registration

Registration for this event is available only to Eureka Report members. View our membership page for more information.

Registration for this event is available only to Intelligent Investor members. View our membership page for more information.

{{eventFunction.Name}}
{{eventFunction.EventTypeName}}
{{eventFunction.StartDate}}
{{eventFunction.EventTimings}}
{{eventFunction.VenueName}}
{{ t.Cost === 0 ? "FREE" : "$" + t.Cost.toFixed(2) }}

Forgotten password

Please enter your email address below to request a new password

Email is required.
Email must be a valid email.

Not a member? Sign up

Already a an InvestSMART member? Log in

Related Articles