Domino’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.
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Valuation 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.
Read MoreNorthern Star Pins Hope On Pogo Recovery
Gold miner Northern Star Resources had a less-than-stellar March quarter, largely because of delays to the arrival of new mining equipment at Pogo.
Read MoreUS Margins The Key Driver For Brambles
Sales growth for the Brambles’ CHEP business reflected strong price realisation and customer expansion in the US, but the critical issue for brokers is easing cost inflation.
Read MoreBlackmores Peps Up Its Strategy For China
Elevated inventory persisted over the March quarter amid falling sales for Blackmores, which has recognised the need to reposition its business to better cater for the Chinese market.
Read MoreCarrapateena Still Key To OZ Minerals
Despite weak production outcomes in the March quarter, Carrapateena is expected to provide OZ Minerals with a positive catalyst when production starts later in the year.
Read MoreSeparating Malt Appeals To GrainCorp
Separating out GrainCorp’s malt business has its appeal, brokers acknowledge, but the devil is likely to be in the detail for the remaining integrated grains & edible oils.
Read MoreMaterial Matters: Lithium, Coal & Alumina
A glance through the latest expert views and predictions about commodities. Global PMIs; lithium; oil; coking coal; iron ore; and alumina.
Read MoreIncitec Pivot Issues Brushed Aside
Incitec Pivot has provided further detail on the financial impact of the myriad problems impacting in FY19. These are mostly considered one-off issues and a better FY20 is expected.
Read MoreCharter Hall Retail Well Placed For Acquisitions
Charter Hall Retail will acquire Rockdale Plaza, providing an opportunity for both non-rental income and improved mix of stores.
Read MoreWholesale, Online Growth Slated For Smiggle
Premier Investments is accelerating its emphasis on the Smiggle brand as it expands an online and wholesale business globally, although sales growth for established Smiggle markets eased back in the first half.
Read MoreGwalia Setback Unlikely To Hamper St Barbara
St Barbara has encountered a setback in its feasibility study for the mass extraction project at Gwalia, resulting in a reduction to production guidance amid higher costs.
Read MoreTPG Telecom Wired For ACCC Decision
TPG Telecom is in the line of fire as it awaits the decision from the ACCC on its merger with Vodafone Australia. Brokers suspect downside risk to the share price is considerable if the merger is disallowed.
Read MoreWill Red Chris Add Value To Newcrest?
Brokers perceive Newcrest could add significant value to the Red Chris copper-gold project, in which it has acquired a 70% stake.
Read MoreMetcash Hungers For Growth
Metcash has outlined an expenditure program designed to lift all areas of its business over FY20-24. Brokers contemplate the outlook in light of the latest trading update.
Read MoreMore Upside To Come For Link
Costs and depreciation marred the first half result for Link Administration, although brokers are confident that synergies for Link Asset Services should continue working in the company’s favour.
Read MoreOil Outlook Remains Under Tension In 2019
Compliance with the OPEC-led agreement is expected to underpin oil prices in the first half of 2019, while the remainder of the year may be subject to more volatility.
Read MoreMagellan Financial, Simply The Best?
Wealth manager Magellan Financial’s fund flows stood out in the December quarter and a better outlook has prompted several brokers to review their ratings.
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Ansell Embarks On Efficiency Drive
While Ansell is targeting savings by closing three manufacturing facilities, raw material costs remain the key risk for the earnings outlook.
Read MoreElders Expects Growth Despite Dry Conditions
Elders expects to still deliver 5-10% growth in operating earnings in FY19 despite a reduced summer crop and continuing dry conditions on Australia’s east coast.
Read MoreSubdued Outlook For Westpac
Another difficult year looms for Westpac and, while mortgage re-pricing should boost first half performance, slower wealth revenues and further customer remediation are likely to weigh.
Read MoreFortescue Metals’ Product Strategy On Target
First iron ore from the West Pilbara fines will be introduced to the market in December, underpinning a robust outlook for Fortescue Metals in FY19.
Read MoreSaracen On Track For Gold Target
Gold throughput was a record in the September quarter and brokers suggest Saracen Mineral Holdings is on track to meet its production targets.
Read MoreAussies Still Like Being Paid Cash
While the options for cash-less financial transactions continue to expand, the readies in Australian wallets still represent a source of value and aspiration.
Read MoreMaterial Matters: Energy, Titanium And Zinc
A glance through the latest expert views and predictions about commodities. Energy; mining outlook; leading indicators; titanium dioxide; and zinc.
Read MoreWhere Are The Benefits Of Telco Mergers?
Where do the benefits of large-scale mergers in the telecommunications sector lie? The eventual outcome may not be as it appears at first glance.
Read MoreAged Care Moves Into The RC Spotlight
The Commonwealth government is proposing an inquiry into the Australian aged care sector and brokers suspect that prospect, and negative media coverage, will impact on listed stocks.
Read MoreMaterial Matters: Steel, Thermal Coal & Nickel
A glance through the latest expert views and predictions about commodities. Steel; mining & franking; diversified majors; thermal coal; and Nickel Mines.
Read MoreOz Infrastructure Activity Heating Up
Contributions from all levels of government are finding their way to infrastructure projects and analysts suggest construction activity and demand for workers and materials is slowly heating up.
Read MoreMaterial Matters: Platinum, Steel & Miners
A glance through the latest expert views and predictions about commodities. Base metals; platinum; steel/iron ore; and major miners.
Read MoreOffice Remains The Key Pick In A-REITs
The outlook for the A-REIT sector is relatively benign, as brokers note portfolio fundamentals are healthy and gearing is generally low.
Read MoreHeadwinds Persist In Consumer Sector
Online business continues to advance rapidly and this is driving heightened expenditure as retailers adapt. Meanwhile, housing-related headwinds persist for the consumer sector.
Read MoreThe Wrap: Households, Telcos & Healthcare
Household Comfort
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