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Latest Stories

The market is abuzz with speculation regarding a bid for Santos but brokers suggest progress on any offer would be difficult and success highly uncertain.

Nov 17 2017

Brokers are unsurprised by a guidance upgrade from fruit&veg producer Costa Group and believe the market is already way ahead.

Nov 17 2017

Packaging business Pact Group has acquired two major packaging operations in Asia and a bulk containers reconditioning business in WA. Brokers views are positive but cautious.

Nov 16 2017

Incitec Pivot has started FY18 from a strong position, as fertiliser prices have improved, the Australian dollar is weaker and the outlook for the US explosives market is buoyant. But brokers are not convinced.

Nov 16 2017

Previous Stories

Brokers Not All Keen On Computershare

Nov 15 2017

Computershare has upgraded guidance, attributing a lift in performance to a stronger contribution from corporate actions and mortgage services. Brokers have taken this in their stride.

Iress Susceptible To De-Rating

Nov 14 2017

Citing a delay in the timing of client decisions, Iress has downgraded 2017 guidance. Brokers are somewhat underwhelmed by the outlook.

Xero Rally Doesn’t Add Up For Brokers

Nov 14 2017

Accounting software business Xero has rallied sharply in the year to date and most brokers believe the share price now exceeds valuation by a large measure.

Confidence Grows In Janus Henderson

Nov 13 2017

Growth drivers for Janus Henderson are tracking ahead of most expectations and brokers are more confident regarding the outlook.

Brokers Increasingly Confident In EclipX

Nov 10 2017

EclipX fleet operations appear stable, despite competition, while impairments are benign and end-of-lease outperformed in FY17. All up, brokers are increasingly confident in the outlook.

Regulatory Scrutiny Pinches CBA

Nov 09 2017

Uncertainty regarding penalties for non-compliance at Commonwealth Bank is weighing on the share price, although brokers acknowledge a solid first quarter.

Recovery For Orica Not Until FY19

Nov 08 2017

Explosives supplier Orica provided a subdued outlook and is not expected to show the benefits of a rebound in activity until FY19.

Margin Headwinds Emerging For Westpac

Nov 07 2017

Westpac’s FY17 results disappointed brokers at the headline level, with weak trading profits, but its capital position is better than expected.

Telstra Plans Meet With Some Scepticism

Nov 07 2017

Telstra is planning to extend its network and devices business via services delivery and apps to create more value. The extent to which this can plug the earnings hole created by the NBN is debated among brokers.

Oz Infrastructure Going Great For Boral

Nov 06 2017

Boral has upgraded its FY18 Australian guidance and brokers suggest there could be further upside to come.

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