Morgans Blog | Morgans

Telstra Corporation: Teeing off again after T22

17 September 2021, 8:00 AM

With T22 now upon us, Telstra’s investor day focused on aspirations for T25 (from FY23 to FY25), and they didn’t disappoint.

US corporate tax increases

By Michael Knox

16 September 2021, 8:30 AM

The US is considering big hikes in corporate tax rates in the coming weeks. Will the market take fright?

Brambles' (ASX:BXB) 2021 Investor Day focused on transforming the business through a range of initiatives that management expects will support revenue growth, operating leverage and FCF generation from FY23 onwards.

Incitec Pivot: Can FY22 leverage the positive industry fundamentals?

By Belinda Moore

14 September 2021, 9:00 AM

Incitec Pivot (ASX:IPL) has announced that its US ammonia production has been impacted by Hurricane Ida. While this is out of IPL’s control, it does remind investors of the number of issues this plant has faced in FY21.

Sydney Airport: Going, going,....

By Nathan Lead

13 September 2021, 10:00 AM

Sydney Airport (ASX:SYD) has received a revised proposal from the Sydney Aviation Alliance. SYD intends to grant the consortium the opportunity to undertake due diligence.

Aurizon Holdings: Hard to ignore c.10% free cashflow yield

By Nathan Lead

13 September 2021, 9:00 AM

Aurizon Holdings' (ASX:AZJ) revenue protections and the essential and long-dated nature of its assets make its earnings less correlated with the business cycle, providing a defensive element to a portfolio. Also, its strong cashflows and debt capacity give it flexibility to pursue growth investment and/or undertake capital management initiatives.

Orica: Cyclical and structural pressures remain

By Belinda Moore

10 September 2021, 9:00 AM

In a broker presentation, Orica (ASX:ORI) said that the 2H21 has been largely in line with its expectations, with lower FX offsetting rising supply chain (freight) costs.