Eva Brocklehurst, Author at ShareCafe

Eva Brocklehurst

Eva Brocklehurst started her journalistic career in 1993 as a financial reporter with RWE Australian Business News covering money markets and economic reports. She moved to Australian Associated Press (AAP) in 1998 as a senior financial journalist to cover money markets, economic analysis, Reserve Bank and Treasury. Eva became deputy finance editor at AAP in 2003. Started working online as a reporter on ASX-listed companies for RWE Australian Business News in 2005. Eva joined FNArena in 2012 and has been covering stockbroker analysis of ASX-listed companies since, as well as writing general news stories.

Commodities / Shares

Will The Resilience Of Iron Ore Prices Last?

May 25, 2020 - by Eva Brocklehurst

Iron ore prices are heating up on a shortfall in Brazilian exports due to the pandemic. With negative rhetoric surrounding Australia’s trade relationship with China, what is the outlook for Australia’s iron ore miners?

Conditions Improve Markedly For Elders

May 22, 2020May 22, 2020 - by Eva Brocklehurst

Favourable winter cropping conditions are likely to mean a big improvement in demand for farm inputs from Elders, benefiting the second half and into FY21.

Commodities / Shares

More Upside Likely For Oz Gold Equities

May 20, 2020 - by Eva Brocklehurst

A rising US dollar gold price is taking global gold equities higher and brokers note Australian gold stocks are lagging the move.

Customer Churn Concern For Xero

May 18, 2020May 18, 2020 - by Eva Brocklehurst

Xero was reluctant to provide guidance for FY21 in its results briefing, which has amplified concerns regarding new customer growth in the wake of the pandemic.

Cash-Strapped SMEs Put Pressure On Altium

May 15, 2020 - by Eva Brocklehurst

Increasing stress on small businesses has made customer acquisition and subscriber growth difficult for software designer Altium, and achieving FY20 revenue targets now appears unlikely.

CSR On Firm Footing But Outlook Unclear

May 14, 2020May 14, 2020 - by Eva Brocklehurst

CSR has shown only a modest impact from the pandemic and housing downturn so far, but caution is urged as the outlook is far from clear.

Usual Suspects Weigh On Incitec Pivot

May 13, 2020May 13, 2020 - by Eva Brocklehurst

Incitec Pivot remains a slave to the usual suspects – cropping conditions, explosives demand and pricing. A capital raising has alleviated some concerns for the balance sheet.

Firm Outlook For Orica Despite Mine Closures

May 11, 2020May 11, 2020 - by Eva Brocklehurst

Orica has reduced the first-half dividend pay-out ratio to 40%, amid the pandemic uncertainty, although brokers assess the second half should reflect a return to better conditions.

Commodities / Shares

St Barbara Faces Sovereign Risk At Simberi

May 6, 2020May 6, 2020 - by Eva Brocklehurst

St Barbara’s Simberisulphides project has progressed to the final feasibility stage, but enhanced economics are highly dependent on the PNG government retaining its current mining act.

Is There A Slowdown Ahead For ResMed?

May 4, 2020 - by Eva Brocklehurst

Brokers believe ResMed is reliant on pandemic-related ventilator sales offsetting any slump in the base sleep apnoea business.

Online Ordering Shaping Up For Woolworths

May 1, 2020May 1, 2020 - by Eva Brocklehurst

Trading in April was too volatile to allow Woolworths to provide any guidance for sales in the June quarter but one trend is clear for brokers – online ordering is on the rise.

Commodities / Shares

Pressure Grows For Coal Producers

April 30, 2020April 30, 2020 - by Eva Brocklehurst

While oil was in the hot seat in March-April, coal is now in focus, reeling from a slump in demand as prices fall to multi-year lows. What is a reasonable short-term floor?

Retail / Shares

What Can Wesfarmers Do With Target?

April 29, 2020April 29, 2020 - by Eva Brocklehurst

What can Wesfarmers do with its underperforming chain, Target? Brokers suggest the laggard of the group may be in line for a severe reassessment.

Aristocrat Coping With Casino Closures

April 29, 2020April 29, 2020 - by Eva Brocklehurst

While recovery for the land-based business of Aristocrat Leisure is likely to be gradual, brokers assess there is more than enough liquidity in the business.

NAB Steers A Hazardous Course

April 28, 2020April 28, 2020 - by Eva Brocklehurst

Business loan growth at National Australia Bank is likely over coming months but of greater concern to brokers is the potential for a surge in bad debts.

Steadfast Moves To Reassure

April 28, 2020 - by Eva Brocklehurst

Having withdrawn guidance in March, Steadfast Group has moved to reassure investors that earnings momentum is sound.

Is There More Upside For a2 Milk?

April 23, 2020April 23, 2020 - by Eva Brocklehurst

A2 Milk has been a beneficiary of the pandemic restrictions, with strong sales in online and re-seller channels, but will the effect of stockpiling subsequently unwind – and sharply?

Nearmap Prepares For Weak Conditions

April 22, 2020 - by Eva Brocklehurst

Nearmap has implemented savings initiatives, anticipating positive cash flow by June, despite being deemed an essential service and unaffected to date by the pandemic.

Commodities / Shares

Cuts To Oil Production Unlikely To Be Enough

April 14, 2020April 14, 2020 - by Eva Brocklehurst

The US has brokered an historic oil production agreement between OPEC, Russia and the G20, although brokers are sceptical about whether this will have enough impact on supply/demand dynamics.

Would A Penfolds De-Merger Create Value?

April 14, 2020April 14, 2020 - by Eva Brocklehurst

Broker views differ on whether the separation of luxury brand Penfolds would create value for Treasury Wine Estates.

Flight Centre To Emerge Bigger And Leaner

April 8, 2020April 8, 2020 - by Eva Brocklehurst

Flight Centre has slashed monthly operating costs and raised capital. Brokers expect a leaner enterprise with greater market share is likely to emerge.

A Bright Future Beckons For Megaport

April 7, 2020April 7, 2020 - by Eva Brocklehurst

The future of cloud services remains bright and despite the current lockdowns across the globe, Megaport has the solutions to increasingly connect businesses and individuals remotely.

Transurban Becomes More Risk Averse

April 6, 2020April 6, 2020 - by Eva Brocklehurst

Is the withdrawal of Transurban’s distribution guidance a sign of more long-term changes to distribution policy?

Commodities / Shares

Material Matters: Indonesia, Australia & Zinc

April 2, 2020 - by Eva Brocklehurst

A glance through the latest expert views and predictions about commodities. Indonesia; Australia; and zinc.

Commodities / Shares

Gold Stocks A Beacon In The Dark

March 30, 2020March 31, 2020 - by Eva Brocklehurst

Gold equities have suffered from the liquidity-driven global sell-off over recent weeks but several brokers suggest the outlook is much brighter, as flight-to-safety concerns take over.

Commodities

Material Matters: Steel Inputs, Oil & Gas

March 30, 2020March 30, 2020 - by Eva Brocklehurst

A glance through the latest expert views and predictions about commodities. Iron ore; manganese; and oil & gas.

Commodities / Markets / Shares

Material Matters: Copper, Lithium & Closures

March 27, 2020March 27, 2020 - by Eva Brocklehurst

A glance through the latest expert views and predictions about commodities. Base metals; cost curves; lithium; and mine closures.

Positive Call As Telstra Upholds Guidance

March 23, 2020March 24, 2020 - by Eva Brocklehurst

Brokers welcome Telstra’s initiatives to support the community in the current crisis, as the telco becomes one of the few listed stocks to simply downgrade guidance rather than withdraw it altogether.

Short-Term Impact Likely On Ramsay Health

March 19, 2020 - by Eva Brocklehurst

While the impact of the pandemic on Ramsay Health Care’s hospital income is uncertain most brokers agree, for the longer term, the hospitals are quality assets, catering to the demands of an ageing population.

Long-Term Opportunity In Altium

March 18, 2020March 18, 2020 - by Eva Brocklehurst

Altium may have slightly lowered FY20 guidance but brokers are confident there is a long-term opportunity in the stock, and the valuation is attractive.

Commodities

Oil Prices A Casualty As Coronavirus Spreads

March 9, 2020March 9, 2020 - by Eva Brocklehurst

As the spread of coronavirus stymies travel and OPEC and Russia fail to agree on production cuts, ANZ analysts suggest there is only one likely direction for oil prices – down.

Upbeat US Outlook Underpins Reece

March 5, 2020March 5, 2020 - by Eva Brocklehurst

While Australia’s subdued building activity is likely to weigh for some time yet, Reece Group is experiencing success as it consolidates a fragmented US market.

Bega Cheese Increasing Focus On Brands

March 4, 2020March 4, 2020 - by Eva Brocklehurst

While Bega Cheese is expanding its focus on brands, the business has been under pressure from reduced milk intake and lower infant formula volumes.

Melbourne The Short-Term Key To NextDC

March 2, 2020March 2, 2020 - by Eva Brocklehurst

Melbourne is the key to the short term investment case for NextDC, as the ramp-up of the second data centre takes shape.

Commodities / Shares

Lithium Producers In A Holding Pattern

February 24, 2020 - by Eva Brocklehurst

Amid a lack of certainty about when lithium prices will improve Australian spodumene producers are continuing to curtail production.

Pro Medicus Moving On New Revenue Streams

February 18, 2020February 18, 2020 - by Eva Brocklehurst

Pro Medicus continues to invest heavily in R&D and, over the next 2-3 years, should generate revenue from new areas such as ophthalmology and cardiology.

Commodities / Shares

Difficulties Mount For Aurizon’s Coal Haulage

February 11, 2020February 11, 2020 - by Eva Brocklehurst

Aurizon Holdings has reaffirmed FY20 guidance but appears to be increasingly cautious about the outlook for the coal haulage segment.

Property / Shares

Office Assets Put Dexus In The Box Seat

February 10, 2020February 10, 2020 - by Eva Brocklehurst

Strong cash flow, positive leasing spreads and lower debt costs are delivering superior returns for Dexus Property, which is currently enjoying a robust outlook for office and industrial assets.

Funds / Shares

Some Positives Emerging For Janus Henderson

February 6, 2020February 6, 2020 - by Eva Brocklehurst

Large outflows are still expected in the current quarter for Janus Henderson but most brokers are confident of an improvement in 2020.

Outlook For ARB Corp Margins Unclear

February 5, 2020February 11, 2020 - by Eva Brocklehurst

While sales improved in the December quarter, a depreciating Australian dollar versus the Thai baht means ARB Corp’s net profit will be lower in the first half.