Morgans Blog | Morgans

Macquarie Group: Tracking well

09 September 2021, 8:00 AM

Macquarie Group (ASX:MQG) has provided a market update, which corresponded with the company presenting at the Jefferies Asia Conference.

Financial Services: Reporting season wrap

By Richard Coles

08 September 2021, 8:00 AM

In this report we summarise our key takeaways from the Insurance and Diversified Financials reporting season.

Cedar Woods Properties: Building back to pre-COVID levels

By Scott Murdoch

31 August 2021, 8:30 AM

Cedar Woods Properties (ASX:CWP) reported FY21 NPAT of A$32.8m, up 61% on the pcp (covid-impacted year).

Link Administration Holdings: A tough year with a flatter FY22 outlook

By Richard Coles

27 August 2021, 6:00 AM

Management guided to a FY22 operating EBIT broadly in line with FY21, and low single digit revenue growth. LNK also announced a A$150m on-market share buyback.

Afterpay Touch: Still investing to grow

By Richard Coles

26 August 2021, 1:00 PM

Afterpay Touch (ASX:APT) reported an FY21 NPAT loss of ~A$159m, which was well below consensus of -A$81m, although the difference appeared largely due to some one-offs.

Zip Co: Investment spend ramp-up to fuel growth

By Richard Coles

26 August 2021, 8:30 AM

Zip Co (ASX:Z1P) reported a FY21 NPAT loss of ~A$653m, impacted by a number of one-off non-cash items.

IDP Education: Time to move from recovery back to growth

By Scott Murdoch

26 August 2021, 6:00 AM

IEL’s FY21 result was in-line with expectations, down 36% on the pcp, but largely a result to look past given Covid impacts across all divisions.

NIB Holdings: A solid result, albeit a bit below market expectations

By Richard Coles

24 August 2021, 8:00 AM

The key result themes, in our view, were largely as expected with a strong ARHI result offsetting some weakness in other divisions (IIHI and travel), although the 2H21 IIHI performance was weaker than expected.