All posts by Nathan Lead
Senior Analyst
Sectors Covered: Infrastructure, Utilities
By Nathan Lead
08 June 2022, 10:30 AM
Atlas Arteria (ASX:ALX) looks likely to receive a takeover bid from Infomedia Limited (ASX:IFM).
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By Nathan Lead
29 April 2022, 9:00 AM
The Kemps Creek site deal is better than we had assumed (re: incentive payments) and provides additional warehouse capacity that Silk Logistics Holdings (ASX:SLH) can pursue for growth.
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By Nathan Lead
21 April 2022, 10:00 AM
Good Q1 traffic numbers on the key asset APRR bodes well for a strong lift in Atlas Arteria's (ASX:ALX) DPS paid in 2H22 and beyond.
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By Nathan Lead
19 April 2022, 9:30 AM
We review Transurban Group's (ASX:TCL) 3Q22 traffic data and take the opportunity to factor in TCL’s detailed long-term forecasts for its 95 Express Lanes and update our WCX debt modelling for the asset’s recent debt issue and capital release.
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By Nathan Lead
25 March 2022, 8:30 AM
Atlas Arteria's (ASX:ALX) rating downgraded from ADD to HOLD given compression in potential returns.
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By Nathan Lead
25 February 2022, 9:00 AM
The FY21 result for Atlas Arteria (ASX:ALX) showed the expected leverage to recovering traffic volumes.
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By Nathan Lead
25 February 2022, 7:00 AM
APA Group's (ASX:APA) 1H22 EBITDA beat consensus by 2% and Free CF beat our forecast by 4%. FY22 DPS guidance was reaffirmed at 53.0 cps.
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By Nathan Lead
18 February 2022, 12:30 PM
There was no surprise the 1H22 result was weak for Transurban Group (ASX:TCL), but it was better than expected.
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By Nathan Lead
15 February 2022, 10:15 AM
JB Hi-Fi (ASX:JBH) pre-announced its headline 1H22 earnings last month. The full earnings release issued today confirmed that EBIT was down 9% to $420.5m, but this was 60% above 1H20 and 17% above our estimate before the January trading update.
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By Nathan Lead
08 February 2022, 10:45 AM
Senior Analyst Nathan Lead provides detailed analysis on the Infrastructure Sector, outlining his key stock pick.
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