ANZ Banking Group: Additional remediation changes By Azib Khan 15 October 2019, 1:43 PM ANZ today announced that it expects customer-related remediation charges of $559m after-tax in 2H19. This is greater than our expectation of $250m after-tax. We retain our Add recommendation. Read more...
Bank of Queensland: Significant makeover coming up? By Azib Khan 15 October 2019, 12:29 PM Bank of Queensland (ASX:BOQ) is expected to report its FY19 result on the 17th of October. We continue to forecast FY19 cash earnings of $330m and a final dividend of 34cps fully-franked. We believe BOQ's underlying cash EPS growth will remain challenged relative to the major banks over the next couple of years. Our recommendation is downgraded to Reduce (from Hold). Read more...
Podcast: A deep dive on stock market corrections By Michael Knox 14 October 2019, 3:31 PM Oil fundamentals are good. The problem is the $US has been rising. Read more...
Transurban Group: Softer Australian traffic growth By Nathan Lead 14 October 2019, 1:10 PM We have moderated forecast EBITDA by 1-2% to reflect the softer traffic growth on key Australian roads in the September quarter. Additionally we have revised the corporate tax modelling, lifting our 12 month price target. We retain a HOLD rating. Read more...
Ten best large cap ideas in October By Andrew Tang 14 October 2019, 12:32 PM Our best ideas are those that we think offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are our most preferred sector exposures Read more...
Technical Analysis: 11 October 2019 By Violeta Todorova 11 October 2019, 5:06 PM Netwealth Group, Transurban Group, Atlas Arteria, Inghams, Silver Lake Resources, Ramelius Resources, Crude Oil, Central Petroleum Read more...
Podcast: Oil and where it is going By Michael Knox 11 October 2019, 3:46 PM Oil fundamentals are good. The problem is the $US has been rising. Read more...
Podcast: One more Australian rate cut, then quantitative easing By Michael Knox 11 October 2019, 11:34 AM The RBA needs to get unemployment down to 4.00%, before it can raise core inflation to 2.5%. Read more...
Why the Fed is wrong By Michael Knox 10 October 2019, 5:50 PM The Fed being wrong is about growth, especially in 2021. Next year, perhaps earlier, they will need to cut rates further. Read more...
Technical Analysis: 10 October 2019 By Violeta Todorova 10 October 2019, 4:23 PM Firstwave Cloud Technology, Cleanaway Waste Management, Regis Healthcare, AMP Ltd, Flight Centre Travel Read more...