The interim report of the Financial Inquiry headed by former Commonwealth Bank chief, David Murray, has given the Australian financial system a big tick, with no significant changes suggested for the structure and nature of the system, but one theme comes in for special and extensive comment and calls for more advice – the three interlinked areas of superannuation, retirement incomes policies and financial advice.
Read MoreDavid Jones (DJS) shareholders and South Africa’s Woolworths Ltd will have to wait until Thursday and a case in the Federal Court (not NSW Supreme Court) before the $2.15 billion takeover offer can be completed.
Read MoreThe Australian market struggled to hold on to early gains as the banks and mining stocks came under heavy selling.
Read MoreBy the close on Tuesday the ASX200 finished flat on volume of $3 billion, closing at 5511.3.
Read MoreJuliana Roadley provides a mid-session financial market update.
Read MoreAnother big week ahead for Australia, with key economic data from China, the Reserve Bank minutes, and the interim report of the inquiry into the financial system chaired by former Commonwealth Bank boss David Murray.
Read MoreBarring some last minute intervention by Solomon Lew, David Jones (DJS), the country’s oldest department store, will become foreign-owned later this morning.
Read MoreSo where to for sharemarkets this week after their retreat last week which was triggered by problems at Portugal’s biggest bank?
Read MoreIf you had any doubts about whether financial markets are bubbling, or starting to overheat, then three separate events in the past week might cause you to think again.
Read MoreThe Australian market closed the first day of the trading week on a high, with the All Ordinaries opened up 16pts higher at the beginning of the session and by the close the markets had added 21.2pts and the ASX 200 up 24.6pts to 5,511.4pts.
Read MoreBy the close on Monday the ASX200 added 24.6 points or +0.45% on volume of $2.3 billion, closing at 5511.4.
Read MoreIn his speech to open the Griffith University Personal Finance and Superannuation school last month, one of Australia’s leading experts on the superannuation system Professor Michael E. Drew continued his decade-long campaign to shift our thinking about how we invest from focusing on promises to looking at reliable outcomes.
Read MoreSteven Daghlian provides a mid-session financial market update. Most sectors higher at lunch.
Read MoreOn Monday we pointed to emerging market concerns about banking problems in Portugal, as well as separate worries in Eastern Europe, which had hurt one of Austria’s largest banks.
Read MoreChina’s imports of key commodities, such as oil, copper and iron ore fell for a second month in June thanks to unfavourable prices, economic uncertainties and tighter credit.
Read MoreThere was something for everyone in the June jobs data – from the bears to the optimists – the figures contained the seeds of just about every point of view about the health of the economy.
Read MoreChinese trade data for June was better than May’s performance, according to numbers out yesterday, but the country is looking as though it will fall short of official targets for the full year.
Read MoreNo wonder CSR is upbeat on the outlook for the property and home construction sectors – the rebound engineered by the record low interest rates from the Reserve Bank have stimulated demand for the company’s key products, enabling it to emerge well placed from the weak trading conditions of the two to three previous years.
Read MoreSteven Daghlian provides an afternoon financial market update. The ASX 200 closes higher at the end of day.
Read MoreFriday saw the ASX200 gained 22.4 points or +0.41% on volume of $2 billion, closing at 5486.8.
Read MorePoseidon Nickel is an emerging nickel producer that’s pursuing redevelopment of the historic Mt Windarra nickel project in Western Australia. The company represents one of the few new emerging sulphide producers in the world.
Read MoreJuliana Roadley provides a mid-session financial market update. The aussie dollar still strong back above 94 US cents.
Read MoreScentre Group (SCG), the former Westfield Retail Trust, has raised more than $3 billion in a European debt deal in one of the largest debt raisings of its kind by an Australian company.
Read MoreGood news for New Zealand and the country’s conservative government in the run up to the national elections later this year – Fitch yesterday upgraded the country’s credit rating to AA positive, which means there’s a slight chance of a further upgrade within the next couple of years.
Read MoreOf all China’s myriad of economic concerns (according to western analysts), the country doesn’t have an inflation problem – but could it be facing a looming deflation problem?
Read MoreAfter a solid night in US Aussie market lifted from the open of trade and by the close ended higher. The All Ordinaries Index added 12.1 points to 5454.3 points with most sectors closing higher.
Read MoreBy the close on Thursday the benchmark S&P/ASX200 index had added 11.9 points, or 0.22 per cent, higher at 5,464.4.
Read MoreNote: This article was originally published on Oliver’s Insights on 9 July 2014 and has been republished with permission from the original author.
Read MoreCovered bonds are much like normal bonds except that they carry an extra level of security ‘cover’. They are generally backed both by the issuer and by a specific pool of assets. The only issuers of covered bonds Australia are the big four banks plus Suncorp-Metway. Banks have typically issued covered bonds at tenors of 5 to 10 years, compared with a norm of 3 to 5 years for their unsecured bonds.
Read MoreTom Piotrowski provides a mid-session financial market update. The ASX 200 hits session lows dropping down close to 50 points at lunch.
Read MoreThe accompanying graph tells us all about the task ahead for Ross Sudano, the new CEO of The Reject Shop (TRS).
Read MoreBig investors liked the story Aristocrat Leisure (ALL) spun them on Monday about its big planned US acquisition, even if the cost was above some early market estimates.
Read MoreAustralian business conditions continue to improve, despite the impact of the federal budget, weak trading conditions for many retailers and wholesalers and continuing job losses.
Read MoreSteven Daghlian provides an afternoon financial market update. The local market finished softer for the end of the 3rd day with the All Ords down 1% to 5442.
Read MoreS&P/ASX200 lost 58.4 points or -1.07% on volume of $3.3 billion, closing at 5452.5.
Read MoreJuliette Saly provides a mid-session financial market update. The Australian share market is being sold off in early trade.
Read MoreUS online travel-booking service Expedia will buy the struggling Wotif.com (WTF) for $703 million, a sign that the online challenge to the local travel giant Flight Centre (FLT) has all but collapsed.
Read MorePoker machine maker Aristocrat (ALL) is making a big play for growth in the huge US market by launching a $US1.3 billion bid for privately-owned American rival machine maker, Video Gaming Technologies (VGT).
Read MoreWhy is the board and management of struggling apparel and bedwares group Pacific Brands (PBG) struggling over the company’s future direction?
Read More|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Error: Contact form not found. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DOWNLOAD RESEARCH REPORTSecures binding contract with Tier-1 OEMUS based anode active project gathers momentumMagnis Energy Technologies (MNS.ASX) – MNS is planning an anode active facility in the US and recently announced a binding, yet conditional, contract for the supply of anode active with Tesla. The contract is for a minimum 17.5kt/year with an option to purchase another 17.5t/year. Conditions precedent carry a tight development timeframe, with first production scheduled for February 2025. Site selection is underway and co-locating with an OEM on a brownfields site makes sense. Long lead items have been ordered and detailed engineering and design is expected to commence soon. |
|
DOWNLOAD RESEARCH REPORT4Q reveals more focus on profit and cash flow• LBY’s 4Q FY22 quarterly activities update showed continued solid growth in top line metrics, albeit slowing, with GMV of NZ$203m (+26% on pcp) and income of NZ$12.1m (+23% on pcp).
• Net Transaction Margin (NTM) disappointed at -0.5%, due to further increase in credit losses from 4.0% to 4.9% of GMV. However, new fraud and credit risk management tools have seen losses recover materially with NTM back to 1.2% in March and LBY is confident of further recovery in coming months.
|
|
DOWNLOAD RESEARCH REPORTEmerging Financial Wealth Advisory GroupWT Financial Group Limited (WTL) is a growing diversified financial services company, founded in 2010 and listed on the Australian Stock Exchange (ASX) in 2015. Its advice and product offerings are delivered primarily through a group of independent financial advisers operating as authorised representatives of WTL under its Wealth Today Pty Ltd (Wealth Today) and Sentry Group Pty Ltd (Sentry Group) dealer group operations. It has around 275 advisers across more than 200 financial advice practices Australia-wide. It also operates a direct-to-consumer operation under its Spring Financial Group brand. |
|
DOWNLOAD RESEARCH REPORTStrategic Vanadium-battery growth with Titanium & Iron earnings resiliencyTNG Ltd is an ASX-listed technology owner and developer of the world-class Mount Peake near-surface vanadiferous titanomagnetite deposit. To unlock value, TNG will concentrate ore from its central Northern Territory mine for processing through its patented TIVAN® process produce three premium quality revenue streams: hi-purity vanadium pentoxide (V2O5) for steel alloys and Vanadium Redox Flow batteries, a quality titanium pigment for paints and a premium steel input with >64%Fe iron ore fines. |
|
DOWNLOAD RESEARCH REPORTIncreasing our TargetDespite the lower realised oil and gas price, which fell by 5.4% and 19.7% respectively in August, Calima managed to show improvement in its key business metrics. We expect higher production in November due to the contribution by the new Thorsby wells which will be drilled in August/September which will see Calima meet its 2021 production guidance of 4,500 boe/d. |
|
Promising exploration and development update while SOP prices continue to riseTwo recent gravity surveys have considerably exceeded expectations and revealed potential for extensions to the existing MRE at Lake Throssell, plus a material growth opportunity at Lake Yeo. This reinforces the potential for a multi-decade, Tier-1 SOP production hub based around Lake Throssell. TMG is currently completing work towards the PFS due early 2023, including drilling to start in Q3 2022, evaporation trials and permitting activities. Results from these programs will support the PFS and any future resource upgrade. Benchmark SOP prices have risen to ~US$940/t due to recent geopolitical developments. The Oct 2021 Scoping Study assumed a SOP price of US$550/t and contained a sensitivity analysis showing every 10% increase in price drives a +$144m increase in the project NPV of $364m. The c.70% increase above the Scoping Study thus implies a project NPV of ~$1.4bn. |
DOWNLOAD RESEARCH REPORT
|
DOWNLOAD RESEARCH REPORTHigh performance synthetic anode & cathode materials Building a US based materials supply chainNOVONIX (ASX:NVX) – is scaling a synthetic anode materials plant in the US and piloting nickel rich cathode material in Canada. Why? China is dominant and growing – 100% of global natural anode and 68% of synthetic anode is refined in China. In short, China controls the global midstream battery chain by controlling 60% of chemical refining, 87% of anode manufacturing, 61% of cathode manufacturing and 73% of battery manufacturing. It is global battery supply and price domination at scale. |
|
DOWNLOAD RESEARCH REPORTMarket leading lifelong learning platform technology company in Australia and SE AsiaPayGroup (PYG) delivers multi-country BPO services and cloud SaaS HCM solutions, assisting companies to manage employees in multiple, complex jurisdictions. The company has many growth opportunities, including new clients, new jurisdictions, new products, partner expansion, and new revenue sources. PYG’s scalable business model allows operating leverage and with savings from in-housing third party technology, support margin expansion. |
|
DOWNLOAD RESEARCH REPORTMarket leading lifelong learning platform technology company in Australia and SE AsiaOpenLearning (OLL) is a higher education technology company that operates a scalable online learning platform through a software-as-a-service (SaaS) business model and provides a global marketplace of high quality courses for learners of all levels. Its primary customers are education providers based in Australia and South-East Asia (primarily Malaysia). OLL started operations in Australia in 2012 and expanded to Malaysia in 2015, Singapore in 2018, and recently also Indonesia. |
|
DOWNLOAD RESEARCH REPORTImmutep Taking the Fight to CancerIn May 2021, Corporate Connect analyst Marc Sinatra published a comprehensive research report on ASX-listed biotech Immutep Ltd (ASX: IMM). So impressed was he with IMM that Corporate Connect felt it imperative that a follow-up report be released placing a valuation on the company, because the market was not seeing the vast potential of eftilagimod alpha (efti). This follow-up report has been released today. Using comparables, after adding cash back to their EV estimate and dividing by the total number of issued shares, Corporate Connect now places the fair value of an Immutep share at $A2.20. |
|
DOWNLOAD RESEARCH REPORTSigns MOU with Ford Company – Kachi is now sold out!Lake Resources (LKE. ASX) – LKE has signed two non-binding MOU’s in the space of 10 days. Ford Company (Ford) has signed an MOU for ~25,000t/year and last week Hanwa, a Japanese commodity trader signed a MOU for up to 25,000t/year. Subject to execution, this is an amazing feat as Ford and Hanwa are prepared to enter into longer-term strategic partnerships with LKE. Commercial negotiations are still ongoing but are expected, especially if Ford & Hanwa inject new equity into LKE, to further de-risk the project financing & thus ensure LKE and Kachi are fully funded. |
|
DOWNLOAD RESEARCH REPORTAntisense Therapeutics (ANP) Taking a Quick Approach to Long COVIDThis report looks at the results of a collaborative study Antisense undertook which looked at the largest protein expression database in Long COVID-19 patients who experienced neurologic symptoms well after the primary or acute SARS-CoV-2 infection was considered over (Groups 1 & 2, with 48 subjects Group 2 comprising a single patient from a different clinical site). The symptoms and others experienced by such patients result in a highly significant amount of illness, possibly more than all primary SARS-CoV-2 infections i.e COVID-19. |
|
|
|
|
December Quarterly Report: Q2 FY2023Looking past the rain – there’s a rainbow.TerraCom released their operating results for the December quarter FY2023 with operating metrics being in line with our forecasts. Unseasonal rains in both Australia and South Africa contributed to operational and logistical issues across all mines, however guidance for annual production at Blair Athol is unaffected and highlights the quality of TerraCom’s skills in operational management. We continue to like the stable operating metrics around the company’s Australian operations and see potential for the South African operations to benefit from increased management focus given the rationalisation of operations following the closure of the Ubuntu mine. Corporate Connects overall financials remain unchanged as does our target price of $1.35 share. We maintain our forecast for a fully franked quarterly dividend of 7.5c/share to be paid in the March and June quarters of FY2023. |
|
