Boart Longyear

May 18, 2023

The All Ords is well into the green on Thursday, with three ASX shares doing more than their fair share of the lifting. Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU's booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow's best investments. In his free time, you're likely to find Bernd at the beach or dabbling away on a new work of science fiction. Latest posts by Bernd Struben ( see all ) Image source: Getty Images You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More Key points The Boart Longyear share price has gained 16% Shares in Australian Agricultural are up 11% Three ASX All Ords shares are setting the bar high today. In afternoon trading, the All Ordinaries Index (ASX: XAO) is up 0.5%. That’s what we like to see. And these three ASX All Ords shares are doing more than their fair share of the heavy lifting today, all up more than 10%. This ASX All Ords share is rocketing 13% Up first we have Nufarm Ltd ( ASX: NUF ). Shares in the crop protection and seeds company closed yesterday trading for $5.30. Shares are currently changing hands for $6.00 apiece. That puts the Nufarm share price up a whopping 13.1% today. Investors are bidding up the All Ords share following the release of its half-year results . While revenue dipped 1% year on year to $2 billion, underlying  net profit after tax (NPAT)  was up 7% to $142 million. And statutory NPAT leapt 51% to $149 million. Also likely catching ASX investors’ attention was the boosted Nufarm dividend . On the back of increased profits, the board declared an interim dividend of 5 cents per share, unfranked . That’s up 25% from last year’s interim dividend. What other ASX stocks are storming higher today? Joining the Nufarm share price in rocketing skywards today is Boart Longyear Ltd ( ASX: BLY ). Boart Longyear provides drilling services and equipment for mining companies across the world. The Boart Longyear share price closed yesterday at $1.65. Shares are currently changing hands for $1.91, up 15.8%. There’s no price-sensitive news out from this ASX All Ords share today. We can only speculate that its drilling services and equipment sales may be picking up. Which brings us to the third ASX All Ords share shooting the lights out today, Australian Agricultural Co Ltd ( ASX: AAC ). Australian Agricultural is one of Australia’s largest, integrated cattle and beef producers. The Australian Agricultural share price closed yesterday at $1.41. Shares are currently trading for $1.57, up 11.4%. The All Ords share is getting some investor love today following the release of the company’s full 2023 financial year results (FY23). The cattle producer reported a 35% increase in its operating profit, which reached $67 million for the year. Total revenue increased by 14% year on year to $313 million. And the company’s herd expanded by 13% over the year to 433,000 cattle. According to management, “This investment in the herd will be realised over time, considering the Wagyu supply chain stretches across several years.” Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. More on Share Gainers