Reporting Season Preview: Infrastructure By Nathan Lead 05 August 2020, 10:00 AM In this update, I highlight APA Group (APA), Ausnet Services (AST), Spark Infrastructure Group (SKI), Atkas Arteria (ALX), Aurizon Holdings (AZJ), Sydney Airport (SYD), Transurban (TCL), Bingo Industries (BIN), Cleanaway Waste Management (CWY), Qube Holdings (QUB), as well as the CPI, CGB10 and BILL90. Read more...
ASX 100 Reporting Season Playbook By Nathan Lead 28 July 2020, 11:00 AM We preview our expectations for 56 stocks that will report their results in August. Read more...
Aurizon Holdings: Fine tuning in advance of FY20 results By Nathan Lead 14 July 2020, 9:44 AM Aurizon Holdings (ASX:AZJ) will report its FY20 result on 10 August. As a result of Q4 volume weakness, we expect EBIT to be at the bottom end of the $880-930m guidance range. The forecast dividend yield of 5.9% (~70% franked, 100% earnings payout) continues to be appealing, as does the relative revenue resilience, investment grade balance sheet, and potential for further buybacks. Read more...
Sector Update: Industrials By Nathan Lead 25 June 2020, 4:44 PM In this update, I comment on Sydney Airport (ASX:SYD) and my perspective on their future outlook. Additionally, I talk about Transurban (ASX:TCL) and what their latest distribution and traffic update means for investors. Read more...
Podcast: Industrials sector update By Nathan Lead 14 May 2020, 7:22 PM Listen to analysis on APA Group (APA), Aurizon Holdings (AZJ), Cleanaway Waste Management (CWY) and Qube Holdings (QUB) Read more...
Company Update: Sydney Airport By Nathan Lead 21 April 2020, 1:35 PM Morgans Senior Analyst Nathan Lead comments on Sydney Airport (SYD) following its business update on 20 April. Read more...
Podcast - Transurban Group (ASX:TCL): Nathan Lead, Senior Analyst By Nathan Lead 17 April 2020, 5:40 PM Senior analyst Nathan Lead discusses his latest views on Transurban (TCL) following the release of its March quarter traffic data. Read more...
Podcast - Aurizon (ASX:AZJ): Nathan Lead, Senior Analyst By Nathan Lead 17 April 2020, 4:45 PM Senior analyst Nathan Lead discusses his latest views on Aurizon (AZJ) following the release of its March quarter haulage data. Read more...
Podcast - Company Update: Sydney Airport (ASX:SYD) By Nathan Lead 09 April 2020, 11:50 AM Sydney Airport (ASX:SYD) may undertake a capital raising like Auckland Airport (ASX:AIA), as well as interesting insights from a briefing by Melbourne Airport. Read more...
Transurban Group: COVID-19 impacts take #1 By Nathan Lead 02 April 2020, 1:45 PM COVID-19 has significantly impacted traffic on TCL’s roads. We assume a full recovery does not occur until CY22. Read more...