Amazon Puts Zip Co Payments In The Basket
Payment provider Zip Co has been boosted by the announcement of a strategic partnership with Amazon Australia.
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Brokers Tick Iluka’s Review But Doubt Outlook
While reviewing the structure of its principal operations, Iluka Resources anticipates a market deficit in zircon and tight feedstock supply should underpin a positive outlook for 2020.
Read MoreRetail Fuel Competition Still Dogs Viva Energy
Despite higher refining margins, the focus is on Viva Energy’s retail fuel offering, which is likely to remain pressured by competition.
Read MorePainful Adjustment For IOOF Still Looms
Bell Potter is critical of wealth manager IOOF Holdings, which is yet to provide updated details on earnings and synergies from its reinvigorated ANZ P&I transaction.
Read MoreGwalia Extension Key To St Barbara Outlook
Expansion activities weighed on the performance of St Barbara’s Gwalia mine in the September quarter but increased production is likely from mid 2020.
Read MoreEnthusiasm Wanes For Pendal Group
A deteriorating investment performance across several Pendal Group funds, particularly in the UK, has dampened enthusiasm for the stock.
Read MoreConfidence In Brambles Edges Higher
Brokers are modestly confident Brambles can negotiate a tough macro outlook and provide reasonable revenue growth in FY20.
Read MoreGUD Holdings Flags Cost Cuts & Price Hikes
GUD Holdings has successfully coupled cost reductions with price rises and reiterates guidance for modest earnings growth in FY20.
Read MoreUS Shale May Be The Latest Oil Shock
Anxiety about world oil supply has increased following the attacks on Saudi Arabia’s oil processing centre. Is US shale oil the key ingredient in the latest “oil shock”, putting the global oil market into surplus?
Read MoreMaterial Matters: Coal, Oil & Diamonds
A glance through the latest expert views and predictions about commodities. Coal; oil; alumina; iron ore; gold; and diamonds.
Read MoreGrowth In The Bag For Premier Investments
All domestic apparel brands improved market positions and achieved strong sales growth in FY19 for Premier Investments yet bellwether Smiggle turned in a soft performance.
Read MoreMaterial Matters: Iron Ore, Coal & Rutile
A glance through the latest expert views and predictions about commodities. China infrastructure; iron ore miners; Indian industry; coking coal; oil; and rutile.
Read MoreDisruption Ahead For Mobile Operators?
TPG Telecom is at a crossroads, awaiting a decision on its proposed merger with Vodafone Australia, and there are significant implications for Telstra as well.
Read MoreDiversity Paramount For Synlait Milk
Investors remain cautious about Synlait Milk, which has many irons in the fire as it works on diversifying its food service strategy. Major customer a2 Milk is also critical to the outlook.
Read MoreNegatives Mount For CYBG, Dividends Unlikely
Negative factors continue to pile up for UK bank CYBG, amid unprecedented provisions for potential claimants in its FY19 accounts. Brokers rush to remove dividends from forecasts.
Read MoreMaterial Matters: Nickel, Met Coal & Iron Ore
A glance through the latest expert views and predictions about commodities. Indonesia’s nickel export ban; metallurgical coal; and iron ore.
Read MoreIncitec Pivot Mulls Fertiliser Strategy
Ahead of an investor briefing, Incitec Pivot has downgraded guidance for FY19 and flagged a strategic review of its Australian fertiliser business.
Read MoreDemand For Appen Intelligence Escalates
A period of investment is masking an encouraging growth trajectory at Appen, as demand for machine-learning applications escalates.
Read MoreLess Gold In The Pan For Newcrest
Newcrest Mining is likely to face several years of falling gold production as Cadia grades decline, and a delay at Wafi Golpu raises doubts over whether this development will compensate.
Read MoreInvestors Focus On Aurizon’s Buyback Plans
Investors are expected to focus on the prospect of sustained capital management as rail freight operator Aurizon seeks to gear up operations following a legal restructure.
Read MoreSlow Start To FY20 For REA Group
REA Group withstood a significant downturn in listings volumes in FY19 and, while FY20 is off to a slow start, a recovery is expected in the second half.
Read MoreCaution Uppermost For GUD Holdings
Weaker economic conditions and increased competition look like hampering automotive and water product distributor GUD Holdings in the year ahead.
Read MoreSouth32 Asset Sale Holds Key To Outlook
Capital management will be the focus for brokers when South32 reports in August. The other catalyst, a sale of South Africa Energy Coal, is considered unlikely to be resolved at that stage.
Read MoreNickel Takes The Limelight, But Will It Last?
Nickel prices have surged recently but as some brokers assess, fundamentals do not appear to be supporting the rally. Hence, a retracement is considered highly likely.
Read MoreHeadwinds Build For Insurers And Wealth Managers
As FY20 unfolds, falling global bond yields will produce headwinds for the general insurance sector while wealth managers could enjoy a short-term uplift to recurring revenue.
Read MoreBapcor Driving Growth Despite Soft Consumer
Bapcor is cementing its position in car parts and brokers are upbeat about the stock, despite the likelihood growth rates will now be less stellar.
Read MoreAveo Group Now A Binary Proposition
Struggling retirement village developer Aveo Group may have been thrown a lifeline by a potential suitor, but the picture is not pretty if the deal falls through.
Read MoreCYBG Plans To Be In The Money With Virgin
Financial group CYBG plans to exploit its under-utilised customer base through enhanced products and services, re-branding as Virgin Money by the end of the year.
Read MoreAussie Disconnected From Commodity Prices
Long the “commodity currency” ANZ Bank economists note the Aussie dollar is no longer being supported by commodity prices as has typically been the case.
Read MoreConfidence Dims For The Star
A weak trading update from The Star Entertainment has sent brokers scurrying to review earnings estimates and the outlook for the domestic gambling sector.
Read MoreCash Flow The Key For Syrah Resources
Syrah Resources has downgraded production guidance for the June quarter, although brokers note stability in cash flow appears to be emerging.
Read MoreIron Ore Peaking?
Brazil’s Vale is plagued by problems at its iron ore mines and, despite surging prices, other suppliers are finding it difficult to make up the difference. Yet are prices peaking?
Read MoreDomino’s Pizza Comfortable With Progress
Domino’s Pizza appears comfortable with the progress being made, as it continues to roll out stores in Europe, maintaining earnings guidance for FY19.
Read MoreValuation A Chief Concern For TechnologyOne
Large accounting clients continue to migrate to TechnologyOne’s cloud offering but brokers remain concerned about the stock’s valuation.
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Confident Outlook For Goodman Group
Industrial property developer Goodman Group is increasingly confident in the opportunities inherent in its global land bank, reaffirming a robust outlook.
Read MoreIs Separation The Way Forward For Suncorp?
Amid flat loan growth in the March quarter, brokers ponder the prospect of Suncorp separating its banking business.
Read MoreGrainCorp Undeterred As LTAP Pulls Bid
The outlook for GrainCorp is hazy, as the company proceeds with plans to divest and restructure businesses in the wake of LTAP pulling its acquisition proposal.
Read MoreBrokers Still Upbeat On Macquarie Group
After posting profit of $2.98bn in FY19 Macquarie Group has somewhat unsettled investors by suggesting FY20 outcomes could be more subdued.
Read MoreTransurban Emphasises Domestic Outlook
The current environment in bond markets is supporting Transurban and brokers do not envisage any change instatus in the near term.
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