Morgans Blog | Morgans

Treasury Wine Estates: A result worth toasting

20 August 2021, 9:30 AM

Given the number of external headwinds Treasury Wine Estates (ASX:TWE) faced in FY21, we think its result was commendable, with many areas across the business beating expectations.

Perpetual: Well positioned for growth

By Richard Coles

20 August 2021, 9:00 AM

Perpetual's (ASX:PPT) FY21 underlying NPAT was 4% above consensus, with revenue more broadly in-line with market expectations.

Origin Energy: Value in search of a catalyst

By Max Vickerson

20 August 2021, 8:30 AM

Origin Energy's (ASX:ORG) FY21 underlying net profit was stronger than expected (+28% on Morgans forecast and +18% on consensus).

Redbubble: Not yet through the trouble, but backing the bubble

20 August 2021, 8:00 AM

Redbubble's (ASX:RBL) FY21 result came in slightly below forecasts. Given quarterly reporting, the quantum of the miss in the 4Q was a degree higher.

IPH Limited: Singapore share slings

By Scott Murdoch

20 August 2021, 7:30 AM

IPH Limited's (ASX:IPH) FY21 underlying EBITDA of A$124.3m was down 1%, however slightly ahead of expectations.

APN Industria REIT: Rent remains resilient

By Fiona Buchanan

20 August 2021, 7:30 AM

ADI’s FY21 FFO was at the upper end of guidance with good leasing outcomes seeing occupancy increase over the period. Cash collection was strong at 99.9%.

Airtasker: So far proving up to the task

20 August 2021, 7:00 AM

Airtasker (ASX:ART) has seen 35% gross merchandise value (GMV) growth in FY21 (39% in Q4) despite the impact of Melbourne lockdowns in the 1H.

Best calls to action – Friday, 20 August

By Andrew Tang

20 August 2021, 6:00 AM

Today, Friday the 20th of August, we are happy to buy Treasury Wine Estate (ASX:TWE),Oz Minerals (ASX:OZL), Senex Energy Limited (ASX:SXY), Airtasker Limited (ASX:ART), Homeco Daily Needs (ASX:HDN), Newcrest Mining (ASX:NCM), Origin Energy (ASX:ORG), Redbubble Limited (ASX:RBL), IPH Limited (ASX:IPH), Beacon Lighting Grp (ASX:BLX) and Perpetual Limited (ASX:PPT).