Commonwealth Bank: Spotlight on capital management By Azib Khan 20 January 2020, 11:50 AM We have reduced our FY20F cash EPS by 0.8% as we expect a rise in general insurance claims due to the bushfires. We retain a Hold recommendation. Read more...
Financial Services – Overall: Mark-to-market and sector earnings changes By Richard Coles 20 January 2020, 10:57 AM We update our Insurance/Diversified Financials sector earnings on a mark-to-market and a broad review of our earnings assumptions. Read more...
Beacon Lighting: Tempering forecasts By Josephine (Jo) Little 17 January 2020, 5:14 PM Following a review of our 1H earnings expectations, we think it will be difficult for BLX to make up enough ground in the 2H to meet our prior earnings forecasts. Read more...
Sounth32: Sensitive to market's view on growth By Adrian Prendergast 17 January 2020, 4:54 PM South32’s key market exposures remain sensitive to growth (particularly in China), where a moderate recovery could unlock meaningful earnings growth. Read more...
Technical Analysis: 17 January 2020 By Violeta Todorova 17 January 2020, 3:12 PM Volpara (VHT), Nanosonics (NAN), Acrow Formwork (ACF), South32 (S32), Orocobre (ORE) Crude oil, Otto Energy (OEL), Senex Energy (SXY) and Karoon Energy (KAR). Read more...
Super Retail Group: Will bushfires crimp short-term earnings? By Josephine (Jo) Little 16 January 2020, 3:00 PM We highlight a potential indirect, short-term impact from the recent tragic Australian bushfires on SUL’s earnings/trading update. Read more...
MoneyMe: An expanding horizon By Steve Sassine 15 January 2020, 2:21 PM We initiate coverage of MoneyMe (MME) with an ADD rating. MME is a consumer credit business that utilises its digital presence and technology platform to offer innovative loan products. Read more...
Karoon Energy: Earnings power from day 1 By Adrian Prendergast 14 January 2020, 4:16 PM We initiate research coverage on Karoon Energy (KAR) with an Add recommendation. Read more...
Westpac Banking Corp: Still expecting no further capital raisings By Azib Khan 14 January 2020, 2:31 PM Our base case remains one of no further capital raisings by WBC over our forecast period. We believe this damage to the share price is overdone, and WBC remains our preferred major bank. Read more...
isentia: Execution will create significant value By Nick Harris 07 January 2020, 4:34 PM isentia (ASX:ISD) is the dominant Australian media intelligence and insights solutions provider in ANZ and the largest provider in a fragmented Asian market. Read more...