FINANCIAL NEWS
The Hedge Fund Whisperers: Hints For Retail Investors To Unlock Alpha
Hedge funds have long been shrouded in secrecy, their billion-dollar bets whispered only in hushed tones within mahogany-lined conference rooms. These whispers can be harnessed for the astute retail investor. A succinct guide
10:00 AM
The Overnight Report: Data Only Today (Sorry)
Due to technical problems today’s Overnight Report consists of data only
9:18 AM
ASX Winners And Losers Of Today – 01-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
8:30 AM
Gold Producers Over Bullion?
The New Criterion’s Tim Boreham runs through the options available for investors wishing to add gold exposure to their portfolio
May 01 2024
Bell Potter rates AIS as Buy
Aeris Resources reported a miss on the March quarter trading update according to Bell Potter.
Tritton produced 4.3kt of Cu, compared to the analyst's forecast of 5.0kt and costs came in higher with AISC at $5.81/lb compared to the estimate of $5.29/lb.
Looking ahead. Bell Potter expects the production at Tritton to accelerate to circa 20kt p.a. plus of Cu and lower the AISC to $5/lb, which will help fund development projects.
Higher copper and gold prices have raised the analyst's earnings forecasts. EPS is increased to 6c from -2c in FY24 with a 140% uplift in EPS for FY25.
Buy rating unchanged and the target price is lifted to 30c from 23c.
Citi rates CKF as Sell
Two recent data points from the US have given Citi comfort around its Sell rating on Collins Foods. Restaurant Brands’s 1Q24 sales update revealed a further deterioration in Australia sales, and McDonald’s 1Q24 update revealed “flat-to-declining” fast food industry traffic in Australia.
Restaurant Brands continued to cite cost of living pressures which have impacted discretionary spending in Australia and Citi reminds that Collins Foods at its 1H24 result indicated a proportion of its customer base (“blue collar”) may reduce order frequency or drop out of the category.
More broadly McDonald’s flagged broad-based consumer pressures globally. Citi retains a $10.60 target.
UBS rates ORG as Buy
The March quater results from Origin Energy displayed the ongoing energy transition of the business with an increase in spend on utility-scale batteries and an offtake agreement for the QLD Supernode battery, notes UBS.
Production and realised prices for the quarter met expectations, but lower domestic gas sales volumes impacted on revenue.
UBS sees Origin Energy as having a gas cost advantage versus other suppliers which could improve over the second half of the decade.
Adjusting for the lower APLNG sales and revenues, EPS forecasts for FY25 declines by -5% and -2% for FY24.
Buy rating unchanged and the target is lifted to $10.55 from $10.10.
The report was published on May 1.
Click here to see full report 
ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
ANZ | ANZ GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$28.16 30 Apr |
OPEN $27.97 |
HIGH $28.17 |
2,723,672 LOW $27.96 |
0.090| TARGET | |||
| $27.975 -0.7% downside | |||
| Franking for last dividend paid out: 56% |
| Title | FY22 Actual |
FY23 Actual |
FY24 Forecast |
FY25 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | N/A | 221.7 | xxx |
| DPS (cps) | xxx | N/A | 162.8 | xxx |
| EPS Growth | xxx | N/A | N/A | xxx |
| DPS Growth | xxx | N/A | N/A | xxx |
| PE Ratio | xxx | N/A | 12.7 | xxx |
| Dividend Yield | xxx | N/A | 5.8% | xxx |
| Div Pay Ratio(%) | xxx | N/A | 73.4% | xxx |
DAILY FINANCIAL NEWS
Gold Producers Over Bullion?
The New Criterion’s Tim Boreham runs through the options available for investors wishing to add gold exposure to their portfolio
May 01 2024 - Commodities
Green geopolitics are heating up; analysts check out electric vehicles, lithium and critical minerals; and the AI push persists despite climate implications of data centres, which in turn bode well for power generators, transmission companies, and copper
May 01 2024 - ESG Focus
SiteMinder’s March quarter update showed the company is on track to reach positive earnings and cash flow next quarter and new product launches offer growth
May 01 2024 - Small Caps
Michael Gable of Fairmont Equities has spotted solid support underneath shares in WiseTech Global
Apr 30 2024 - Technicals
A forecast-beating jump in gross margins was the highlight in ResMed’s March quarter result
Apr 29 2024 - Australia
Governance and social themes, while generally not attracting big expenditure in the December half, still proved a strong focus for corporations
Apr 29 2024 - ESG Focus
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Apr 29 2024 - PR NewsWire
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Apr 29 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Quality Reigns, And How To Identify It
In this week's Weekly Insights: -Quality Reigns, And How To Identify It-Macquarie's ASX Quality Compounders By Rudi Filapek-Vandyck, Editor Quality…
May 01 2024
DAILY MARKET REPORTS
The Overnight Report: Data Only Today (Sorry)
Due to technical problems today’s Overnight Report consists of data only
9:18 AM
ASX Winners And Losers Of Today – 01-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
8:30 AM
The Overnight Report: More Pain
Stronger than expected US wage growth data sent Wall Street tumbling once again last night. S&P500 down -1.6%. (Available for non-subscribers after 10am)
May 01 2024
ASX Winners And Losers Of Today – 30-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 30 2024
Australian Broker Call *Extra* Edition – Apr 30, 2024
Extra Edition of the Broker Call Report
Apr 30 2024
WEEKLY REPORTS
Uranium Week: Nuclear Power And AI
The extensive power required to run AI models at data centres has brought nuclear energy clearly into focus
Apr 30 2024
Weekly Update On LICs & LITs – 30-Apr-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Apr 30 2024
Australian Listed Real Estate Tables – 29-04-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Apr 29 2024
Weekly Ratings, Targets, Forecast Changes – 26-04-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Apr 29 2024
In Case You Missed It – BC Extra Upgrades & Downgrades – 26-04-24
A summary of the highlights from Broker Call Extra updates throughout the week past
Apr 26 2024
Weekly Top Ten News Stories – 26 April 2024
Our top ten news stories from 18 April 2024 to 25 April 2024
Apr 26 2024
The Short Report – 26 Apr 2024
FNArena’s weekly update on short positions in the Australian share market
Apr 26 2024
Next Week At A Glance – 29 Apr-May 2 2024
A brief look at important company events and economic data releases next week
Apr 26 2024
In Brief: Confidence, Consumers, Conditions
Weekly Broker Wrap: upside for household goods; outlook for the Australian consumer; SMEs doing it tough
Apr 26 2024
THE MARKETS
-
Australia
02 May 2024 Updated : 09:42 AEDT
SPI Overnight
7572.00
-5.00
-0.07%
NZ50
11856.680
-10.900
-0.090%
All Ordinaries
7831.90
-100.10
-1.26%
S&P ASX 200
7569.90
-94.20
-1.23%
S&P ASX 300
7524.90
-92.50
-1.21%
Communication Services
1485.40
-17.10
-1.14%
Consumer Discretionary
3382.50
-49.60
-1.45%
Consumer Staples
11849.70
-101.70
-0.85%
Energy
10061.90
-202.40
-1.97%
Financials
7143.60
-52.20
-0.73%
Health Care
41879.70
-487.20
-1.15%
Industrials
6811.00
-85.60
-1.24%
Info Technology
2156.60
-32.30
-1.48%
Materials
17728.20
-321.50
-1.78%
Real Estate
3495.60
-44.40
-1.25%
Utilities
8634.80
-44.20
-0.51%
A-REITs
1588.00
-19.80
-1.23%
All Technology Index
2968.80
-46.00
-1.53%
Banks
2969.30
-12.30
-0.41%
Gold Index
7513.00
-309.00
-3.95%
Metals & Mining
5822.50
-117.50
-1.98%
-
World
02 May 2024 Updated : 09:42 AEDT
CAD/USD
0.7283
+0.00
0.32%
EUR/JPY
166.69
-1.76
-1.05%
EUR/USD
1.0715
+0.00
0.44%
GBP/USD
1.2533
+0.00
0.38%
USD/JPY
155.59
-2.31
-1.46%
-
Aus Stocks
02 May 2024 Updated : 09:42 AEDT
Amcor (US)
9.80
+0.86
9.62%
Newmont (US)
40.58
-0.06
-0.15%
Rio Tinto (UK)
5422.00
-50.00
-0.91%
BHP Group (US)
55.00
-0.17
-0.31%
Rio Tinto (US)
67.50
-0.33
-0.49%
ResMed (US)
215.01
+1.02
0.48%
South32 (UK)
180.40
-1.90
-1.04%
James Hardie (US)
34.66
+0.16
0.46%
Janus Henderson (US)
31.16
-0.07
-0.22%
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CALENDAR
Thursday, 2 May 2024
NZ building permits, Mar AU building approvals, Mar AU trade balance, Mar CH markets closed US trade balance, Mar BOQ ex-div 17c (100%) IFL quarterly report IRE AGM NAB earnings report QUB investor briefing RIO AGM WES strategy day WOW quarterly report ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$33.54
CSL CSL LIMITED
$274.49
REA REA GROUP LIMITED
$176.68
TNE TECHNOLOGY ONE LIMITED
$16.00
WOW WOOLWORTHS GROUP LIMITED
$31.82
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FNARENA TALKS
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FNARENA WINDOWS
Window on GOLD & SILVER
Gold Producers Over Bullion?
The New Criterion’s Tim Boreham runs through the options available for investors wishing to add gold exposure to their portfolio
May 01 2024
Window on TRAVEL, LEISURE & TOURISM
SiteMinder Travelling Well
SiteMinder’s March quarter update showed the company is on track to reach positive earnings and cash flow next quarter and new product launches offer growth
May 01 2024
Window on CLOUD SERVICES
Solid Support For WiseTech Global Shares
Michael Gable of Fairmont Equities has spotted solid support underneath shares in WiseTech Global
Apr 30 2024
SMSFUNDAMENTALS
The Hedge Fund Whisperers: Hints For Retail Investors To Unlock Alpha
Hedge funds have long been shrouded in secrecy, their billion-dollar bets whispered only in hushed tones within mahogany-lined conference rooms. These whispers can be harnessed for the astute retail investor. A succinct guide
10:00 AM