We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so, here it is in one handy location. Just click on the headline and you’ll be taken straight to the story.
Tuesday 25 October, 2022
Another Downgrade Leaves OZMin Vulnerable
OZ Minerals did its defence against BHP’s $25 per share offer no favours yesterday with the second full-year profit downgrade in the space of a quarter.
When Diversification Doesn’t Work, What Do You Do?
David Elms from Janus Henderson considers the options that alternatives offer when more traditional diversification strategies end up looking the same.
The Long-Term Case for Infrastructure
Infrastructure remains of heightened interest to investors amid a strengthening outlook for infrastructure spending following the passage of the U.S. Inflation Reduction Act.
Weak Coal Performance Slows South32’s Spin
Shares in South32 peaked early in Monday trade then slid as investors combed through its September quarter report and gave it a mildly negative reading.
Tech Talk: Under Pressure (video)
Alphinity’s Global Portfolio Manager Trent Masters discusses market volatility and his key takeaways from spending the previous two weeks in New York and San Francisco.
Gascoyne Reaps Reward for Never Saying Never
Shares in Gascoyne Resources soared yesterday after a positive update from the wonderfully-named Never Never prospect near its Dalgaranga Gold Mine in WA.
Wednesday 26 October, 2022
Magellan Sep 2022 Global Strategy Update (video)
PM Nikki Thomas discusses how Magellan’s Global Portfolios are currently positioned and which quality companies are well placed to deliver growth in the years ahead.
Reliance Result Not Quite What it Seems
The bare September quarter figures from Reliance Worldwide didn’t tell the real story of a company suffering margin compression from rising costs and weak sales in the US.
Margin Concerns Send Ampol Shares Tumbling
It was a rough old ride for Ampol shares on Tuesday, despite the company confidently predicting a record profit of more than $1 billion for the 2022 calendar year.
The Case for Mortgage-Backed Securities
GAM Investments’ Tom Mansley discusses why he believes Mortgage-Backed Securities may present lower risk and an attractive investment opportunity.
Fidelity Future Leaders Fund ‘Super’ Series: Defensives (video)
Fidelity’s James Abela and Monique Rooney explore some of the current themes, risks and opportunities, portfolio considerations, and the long-term winners in ‘Defensives’.
An ESG Framework for Extractive Industries
ESG investing faces a meaningful challenge, as facilitating the energy transition must rely on extractive industries with significant negative externalities such as metals and mining.
Thursday 27 October, 2022
S&P Smiles Upon First Albanese Budget
Australia’s AAA stable credit rating will survive the first budget statement from the Albanese government if the immediate reaction from ratings group S&P Global is any indication.
Alphabet, Microsoft Reports Miss the Mark
Investors will take no heart from the quarterly reports from tech giants Alphabet and Microsoft after hours Tuesday.
Bega Investors Choose to Ignore Costs Spike
Shares in Bega Cheese swallowed what would normally be bad news about big cost increases quite well in the wake of the company’s AGM on Wednesday.
Existential Crisis for Medibank after Cyberattack
The future of Medibank Private is in doubt after it revealed more details of the cyberhacking scandal affecting all 4 million current and many former customers.
Investing in Tech Stocks After the Big Blowout
Lei Qiu from AB explains why, despite technology stock weakness, they think technological innovation is entering a new phase in several areas poised for strong growth.
CPI as Expected, Likewise the Rate Rise to Come
No surprises from the September quarter CPI with a surge in the annual rate to 7.3% which means the RBA will now look seriously at a 0.5% increase at its November meeting.
Food Inflation Curbs Coles’ Sales Growth
Coles says that first quarter food inflation climbed 7.1% up from 4.3% in the June quarter which saw its supermarkets sales growth slow to a 1.6% rate to $8.8 billion.
Magellan Sep 2022 Infrastructure Strategy Update (video)
Gerald Stack and Ofer Karliner discuss the recent reporting season, the European energy crisis and provide an outlook for companies in Magellan’s Infrastructure Strategy.
Friday 28 October, 2022
Inflation Reduction Act Deepens the Decarbonisation Bench
The U.S. Inflation Reduction Act offers strong tailwinds for the renewable energy and EV supply chains, as well as companies helping the climate with energy efficiency.
Retailers JB HiFi and Super Retail Group both saw strong September quarter sales growth from an artificially low base in the corresponding period a year ago.
The Streaming Wars Take a Commercial Break
The battle between Netflix and Disney that was cheered on by the market in recent years suddenly has investors booing both companies – but maybe not for long.
Two Sides of the Same Coin for ANZ, Investors
ANZ Bank may feel satisfied with a 5% rise in earnings to $6.5bn for the year to September 30 but it was not to the liking of investors, who lopped 3% off the share price.
Newcrest Behind the Eight-Ball after Sluggish FY Start
Newcrest Mining is going to be under enormous pressure to try and avoid falling short on full year gold and copper guidance after a weak opening for the 2022-23 financial year.
What Is Happening in European Energy Markets?
The European energy crisis is a fast-moving situation with major implications for the region, notes GAM’s Niall Gallagher, and the energy transition is far from straightforward.
