Delays, Missteps Jolt Confidence In Rio Tinto
Delays stemming from the pandemic amid ebbing demand conditions confront Rio Tinto, while there is also work to do to improve perceptions about its cultural sensitivity.
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Bank Of Qld Outlook Hangs In The Balance
Everything needs to fall into place for Bank of Queensland to achieve an acceleration in credit growth in FY21, despite a strong balance sheet.
Read MoreNewcrest Advances Its Options
Newcrest Mining will move to expand Cadia and upgrade recoveries at Lihir, both of which should underpin long-term production for Australia’s bellwether gold stock.
Read MoreBudget Puts Downer EDI In The Front Seat
The infrastructure splurge in the latest federal budget augurs well for Downer EDI, Australia’s largest road construction and maintenance provider. Morgan Stanley upgrades to Overweight.
Read MoreCan Reliance Worldwide Maintain Growth?
After a September quarter that reflected home-bound households undertaking renovations, will Reliance Worldwide maintain strong growth in plumbing sales as city activity returns to normal?
Read MoreSenex Energy At Forefront Of Gas Expansion
Senex Energy is forging ahead with its gas expansion in Queensland, acquiring new acreage to enable a doubling of capacity from that previously outlined at the FY20 results. Is capital management next?
Read MoreDaigou Drought Sours a2 Milk Outlook
Sales of a2 Milk’s infant formula within China remain robust but the slump in daigou sales has caught the market napping and forecasts for FY21 are downgraded sharply.
Read MoreOnline Sales Crucial For Premier Investments
The Premier Investments suite of retail businesses are resilient, with online anincreasingly crucial driver of sales going forward.
Read MoreBetter Earnings Trajectory Ahead For Nufarm
A performance improvement program and recovery in agricultural conditions are expected to provide Nufarm with a better earnings trajectory over coming years.
Read MoreBarrenjoey Capital Lures Magellan Financial
Magellan Financial intends to diversify its options with an investment in Barrenjoey Capital Partners, although the near-term returns are expected to be minimal.
Read MoreSpark NZ Aiming To Counter The Growth In Fibre
Spark New Zealand has outlined its strategy out to FY23, including completing a roll-out of 5G while expanding its wireless offering and digital analytics.
Read MoreSpotlight On CSL Revenue Targets
CSL is highly likely to be looking for other avenues of revenue to meet targets in FY21, given a prospective shortfall in plasma collections.
Read MoreWindow Opens On Consumer Trends
Consumers shopped in larger quantities, less frequently and increasingly online during the height of the nationwide lockdowns. The question now is: which trends will persist and which stocks will benefit as restrictions ease?
Read MoreIPH Ltd’s Growth Plans Undaunted
Despite the potential for softness to continue into FY21, IPH Ltd has a resilient patent filing business with a broad geographic reach which should allow it to bounce back.
Read MoreConsistency A Hallmark Of Evolution Mining
Evolution Mining has confirmed its reputation as a consistent performer in the gold sector, although most brokers assess this is reflected in the price.
Read MoreCompetition Heats Up In Buy Now Pay Later
Competition in the Buy Now Pay Later market is accelerating, as rivals are attracted to the economics generated by first mover Afterpay. How well can the two local providers withstand the onslaught?
Read MoreAll Systems Go For FINEOS
FINEOS Corp, the global insurance industry software provider, has hit the ground running on the ASX with a stellar growth outlook.
Read MoreBapcor On Pole Position For FY21
Automotive accessories supplier Bapcor delivered FY20 results that were hard to fault, and the outlook for FY21 looks promising.
Read MoreBeach Energy Paces Development
To ensure a healthy balance sheet Beach Energy has chosen to defer growth, re-configuring development expenditure to keep pace with the current market.
Read MoreMagellan Financial Targets Low-Cost Demand
Magellan Financial has introduced several new investment strategies designed to keep fund flow happening over the medium term.
Read MoreJames Hardie Enjoys Betters Margins, Again
Strength in new US housing starts drove another forecast-beating performance from James Hardie in the first quarter and new product releases later in 2020 are expected to provide even more gains.
Read MoreYield Support Rescues Aurizon
Aurizon Holdings faces several challenges in FY21 not the least being the weak coal pricing affecting haulage earnings.
Read MorePinnacle On Track For Material Success
Despite heightened volatility, Pinnacle Investment Management appears well on the way to derive material success from its new ventures.
Read MoreIncitec Pivot Confronting The Challenges
Incitec Pivot has updated on the key components driving the business, amid challenging conditions stemming from low prices and the pandemic
Read MoreHas APRA Clarified The Outlook For Banks?
The dividend outlook for banks has weighed heavily on valuations since the onset of the pandemic and the resultant economic slump. Has the prudential regulator, APRA, set minds at rest?
Read MoreAppen’s Performance Continues To Impress
Appen continues to impress brokers with its performance in the artificial intelligence and machine learning space and Wilsons is one of the latest to initiate coverage.
Read MoreCapital Management Critical To Origin Energy
Origin Energy has reaffirmed energy markets guidance despite increased bad debt provisions, while adding asset impairmentson lower oil price assumptions.
Read MoreBreville’s Growth Potential Attracts Brokers
Breville has benefited from the current home-focused environment while retaining global expansion potential. Morgans initiates coverage of the stock.
Read MoreFew Celebratory Drinks For Treasury Wine
Treasury Wine faces a number of hurdles in FY21 as luxury wine sales remain constricted and a global oversupply of wine persists.
Read MoreDiversity Bodes Well For Pinnacle
Despite the likelihood of a subdued second half, Pinnacle Investment Management is considered well-placed to take advantage of investors seeking more attractive options offshore.
Read MoreShould Webjet Pursue Acquisitions?
After another capital raising, will Webjet be free to pursue the acquisition of distressed travel assets or is protecting the balance sheeta priority?
Read MoreSuncorp Takes Stock Of Risk
Suncorp has signalled higher reinsurance costs have made it more economic to retain risk on the balance sheet. Brokers are wary of this, given the number of headwinds confronting insurers.
Read MoreKFC Delivery A Winner For Collins Foods
Momentum in KFC Australia underpins Collins Foods as consumers readily engage with the company’s delivery options and as restrictions around dining-in continue to ease.
Read MoreRobust Outlook For Lithium Despite Obstacles
As the global economy contracts over 2020 lithium, already suffering surpluses, is now affected by a hiatus in demand. How low will prices go?
Read MorePerenti Global Supported By Metals Exploration
Concerns over the balance sheet and work in hand atPerenti Global have dissipated, with the company’s update supporting a robust outlook.
Read MoreRecovery Underway For Sonic Healthcare
The main issue confronting Sonic Healthcare is how quickly routine pathology testing recovers, given temporary government support is underpinning COVID-19 volumes.
Read MoreWill Harvey Norman’s Profit Growth Endure?
Increased Australian franchisee sales have generated exceptional profit growth for Harvey Norman in the latter stages of FY20 but will this heightened state endure?
Read MoreSurge In Carsales Leads May Not Be Sustained
Carsales.com has signalled a surge in enquiries regarding motor vehicle purchases since April, but many of the factors producing these leads could be short term in nature.
Read MoreSuper Retail Poised For Domestic Travel Surge
A strong boost to sales is expected for key business units of Super Retail from a resurgence in domestic travel. Moreover, market concerns regarding the company’s balance sheet should be put to rest now with the company undertaking a $203m capital raising
Read MoreIs Wesfarmers Heading For A Sales Cliff?
Sales activity at Bunnings and Officeworks has been stunning over the period of pandemic-related restrictions but signals there is very little operating leverage for Wesfarmers going forward.
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