By Nathan Lead
25 February 2021, 2:30 PM
Sydney Airport's FY20 result was broadly as expected, and we are optimistic that pax will be in a sustained recovery phase over the next 12 months. ADD retained.
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By Alex Lu
24 February 2021, 3:00 PM
Woolworths (WOW) reported a 1H21 result well ahead of expectations, with Big W's turnaround gaining momentum. Hotels earnings were lower albeit better than we expected.
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By Alex Lu
18 February 2021, 4:30 PM
Wesfarmers' 1H21 result was well above our expectations. However, while sales across its retail businesses have remained strong through January and February, a slowdown from March is expected due to COVID-19.
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By Alex Lu
17 February 2021, 8:00 AM
Coles Group (COL) reported 1H21 earnings growth comfortably ahead of our forecast. We are particularly attracted to the strength of the balance sheet which will allow ongoing investment for growth while delivering a consistent dividend stream.
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By Nathan Lead
11 February 2021, 9:30 AM
Analysis on energy infrastructure, transport infrastructure and waste management stocks ahead of Reporting Season First Half 2021. Watch now.
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By Alex Lu
09 February 2021, 9:17 AM
Analysis on Amcor, Woolworths, Coles, Wesfarmers, InvoCare, PWR Holdings, Acrow Formwork and Construction Services ahead of Reporting Season First Half 2021.
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By Alex Lu
03 February 2021, 4:00 PM
Amcor's 1H21 result on a constant currency basis was ahead of our expectations. On a reported basis, the result was slightly below with FX being the difference.
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By Alex Lu
14 January 2021, 12:00 PM
Morgans Analyst Alex Lu details his latest perspective on the Industrials Sector. He also covers his key picks including Amcor (ASX:AMC), Brambles (ASX:BXB), Invocare (ASX:IVC), Coles (ASX:COL), Woolworths (ASX:WOW), PWR Holdings (ASX:PWH) and Acrow Formwork and Construction Services (ASX:ACF).
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By Nathan Lead
11 January 2021, 4:04 PM
We make adjustments to our forecasts in advance of SYD’s FY20 result. Looking ahead for the next 12 months we are
optimistic that pax will be in a sustained recovery phase given vaccine roll-out
plans.
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By Nathan Lead
07 January 2021, 12:00 PM
Initiation of Coverage – In the current low interest rate environment, income-oriented investors will be attracted to Dalrymple Bay Infrastructure's (ASX:DBI) high cash yield (8.7%) and commitment to 1-2% pa growth.
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