All posts by Alex Lu
Analyst
Sectors Covered: Industrials
By Alex Lu
17 June 2021, 5:00 PM
Coles Group (ASX:COL) hosted a virtual investor day today and outlined the key initiatives that will drive longer term growth.
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By Alex Lu
04 May 2021, 4:00 PM
Alex Lu, Analyst at Morgans, discusses Reliance Worldwide Corporation (ASX:RWC), an addition to our Morgans Best Ideas (May 2021).
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By Alex Lu
28 April 2021, 3:30 PM
While Coles Group's 3Q21 sales trading update overall was weaker than we expected, there were some encouraging signs with management starting to see a normalisation in consumer behaviour.
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By Alex Lu
24 February 2021, 3:00 PM
Woolworths (WOW) reported a 1H21 result well ahead of expectations, with Big W's turnaround gaining momentum. Hotels earnings were lower albeit better than we expected.
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By Alex Lu
18 February 2021, 4:30 PM
Wesfarmers' 1H21 result was well above our expectations. However, while sales across its retail businesses have remained strong through January and February, a slowdown from March is expected due to COVID-19.
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By Alex Lu
17 February 2021, 8:00 AM
Coles Group (COL) reported 1H21 earnings growth comfortably ahead of our forecast. We are particularly attracted to the strength of the balance sheet which will allow ongoing investment for growth while delivering a consistent dividend stream.
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By Alex Lu
09 February 2021, 9:17 AM
Analysis on Amcor, Woolworths, Coles, Wesfarmers, InvoCare, PWR Holdings, Acrow Formwork and Construction Services ahead of Reporting Season First Half 2021.
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By Alex Lu
03 February 2021, 4:00 PM
Amcor's 1H21 result on a constant currency basis was ahead of our expectations. On a reported basis, the result was slightly below with FX being the difference.
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By Alex Lu
14 January 2021, 12:00 PM
Morgans Analyst Alex Lu details his latest perspective on the Industrials Sector. He also covers his key picks including Amcor (ASX:AMC), Brambles (ASX:BXB), Invocare (ASX:IVC), Coles (ASX:COL), Woolworths (ASX:WOW), PWR Holdings (ASX:PWH) and Acrow Formwork and Construction Services (ASX:ACF).
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By Alex Lu
12 November 2020, 12:00 AM
Wesfarmers' (ASX:WES) trading update overall for October YTD was better than we expected. Bunnings and Officeworks were particularly strong with Catch also maintaining good momentum. LFL sales at Kmart and Target were solid, boosted by very strong online growth, although total sales were adversely impacted by government-mandated store closures in Melbourne.
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