Morgans Blog | Morgans

Peter Warren Automotive: Conservative but forward order book remains strong

30 August 2021, 10:00 AM

Like most auto groups, PWR experienced a strong FY21, significantly exceeding prospectus NPBT forecasts by 68%.

Best calls to action – Monday, 30 August

30 August 2021, 6:00 AM

Today, Monday the 30th of August, we are happy to buy Eagers Automotive (ASX:APE), Nextdc (ASX:NXT), Peter Warren (ASX:PWR), Costa Group Holdings (ASX:CGC), Adbri Limited (ASX:ABC), Waypoint REIT (ASX:WPR), Aust Finance Grp (ASX:AFG), Bega Cheese (ASX:BGA), Jumbo Interactive (ASX:JIN), Silk Logistics (ASX:SLH), Kina Securities Ltd (ASX:KSL), Genex Power (ASX:GNX) and Generation Dev Group (ASX:GDG).

Woolworths: Adjusting to life without Endeavour

By Alex Lu

27 August 2021, 10:00 AM

Woolworths' (ASX:WOW) FY21 result overall was below our expectations. While not straightforward due to the recent Endeavour Group (EDV) demerger, we believe the result was broadly in line with Bloomberg consensus estimates.

Flight Centre Travel: A long journey back

By Belinda Moore

27 August 2021, 9:30 AM

FY21 was a tough year for Flight Centre Travel (ASX:FLT) given COVID related travel restrictions.

MAAS Group: Foundation set for a strong FY22

27 August 2021, 9:00 AM

MAAS Group (ASX:MGH) delivered a strong FY21 result, which was in line with our forecasts and at the upper end of guidance.

Tyro Payments: Navigating a tough year relatively well

By Richard Coles

27 August 2021, 8:00 AM

Tyro Payments' (ASX:TYR) FY21 result was noisy with one-off costs heavily impacting reported numbers. While the reported NPAT loss of -A$29m was comfortably below consensus, the normalised NPAT result was more in-line.