Credit Corp: Consistency counts By Scott Murdoch 29 January 2020, 4:53 PM We are positive on CCP with it having a strong, visible organic growth path, and further upside from likely capital deployment over 12-18 months. However, we retain a Hold based on valuation – looking for some additional upside to buy. Read more...
Technical Analysis: 28 January 2020 By Violeta Todorova 28 January 2020, 11:36 AM HUB24 (HUB), Aventus Group (AVN), APN Convenience Retail REIT (AQR), Bingo Industries (BIN) and Elders (ELD). Read more...
Australian Strategy: Reporting Season Preview By Andrew Tang 24 January 2020, 3:10 PM Record market highs confound the fundamental headwinds from weaker earnings expectations. Logic suggests February results look far more likely to generate downside rather than upside price risk, but we argue how this disconnect may actually weather another uninspiring profit season. Read more...
Technical Analysis: 23 January 2020 By Violeta Todorova 23 January 2020, 3:12 PM Woolworths (WOW), Wesfarmers (WES), Coles Group (COL), Challenger Financial Svcs (CGF) and Redbubble (RBL). Read more...
BHP Group: May need to make up ground By Adrian Prendergast 23 January 2020, 1:20 PM Overall a positive second quarter operational result from BHP. Read more...
What's in store for super in 2020 By Terri Bradford 22 January 2020, 1:29 PM The new year brings in some new changes for superannuation. Let's review the year ahead. Read more...
AP Eagers: Recognising ST earnings volatility By Josephine (Jo) Little 21 January 2020, 4:43 PM AP Eagers (ASX:APE) provides strong leverage to a recovery in car sales when they ultimately turn (as implied in our current price target), however the potential for further consensus downgrades is a risk we would prefer to get more clarity on. We therefore lower our rating to Hold. Read more...
Super Retail Group: Bushfire impact quantified By Josephine (Jo) Little 21 January 2020, 12:03 PM While a return to more normal trading patterns is inevitable, timing around an ‘outdoor’ recovery in general is uncertain. Hence, we have chosen to downgrade our FY21 forecasts (on top of FY20). Read more...
Rio Tinto: Could be another div surprise By Adrian Prendergast 20 January 2020, 3:50 PM Reporting a solid Q4 for its flagship iron ore operations, we see Rio as having notable potential for announcing a special dividend at its February result. Read more...
Woodside Petroleum: Good Q4, waiting on Browse By Adrian Prendergast 20 January 2020, 1:45 PM A solid Q4 operational performance from Woodside, with output offsetting high temperatures during the quarter that impacted LNG production. Read more...