FINANCIAL NEWS
Australian Broker Call *Extra* Edition – Apr 18, 2024
Extra Edition of the Broker Call Report
10:30 AM
Material Matters: Gold, Gold Stocks & Rare Earths
A glance through the latest expert views and predictions about commodities: potential upside as gold stocks bridge the gap to a surging gold price; plus rising rare earths price forecasts
10:00 AM
The Overnight Report: Reality Check
A maker of machines that make AI chips posted a weak earnings result last night, triggering selling in the space. S&P500 down -0.6%. (Available for non-subscribers after 10am)
8:58 AM
ASX Winners And Losers Of Today – 17-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 17 2024
Citi rates BOQ as Sell
Bank of Queensland's 1H cash earnings exceeded prior forecasts of Citi and consensus by 6%, but was arguably a low-quality result driven by lower opex (more costs being capitalised) and lower bad and doubtful debts.
While the broker feels the bottom has been reached for the current earnings contraction cycle, the analysts see uncertainty for the medium-term outlook. Management conceded there was no discernible pathway to the company's FY26 targets, highlight the analysts.
The Sell rating and $5.05 target are maintained.
Bell Potter rates TNE as Buy
When TechnologyOne reports second half earnings in May Bell Potter expects mid-teens earnings growth to mostly be driven by strong top line growth with only a modest improvement in the margin, consistent with the first half result.
The broker expects management to provide its typical guidance of 10-15% profit growth for the full year but believes this is conservative and likely to be exceeded.
The company exceeded guidance in FY23 with profit growth of 16% and Bell Potter currently forecasts growth of 18% in FY24.
Buy and $18.50 target retained.
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 |
|---|---|---|---|
|
$28.37 17 Apr |
OPEN $28.42 |
HIGH $28.63 |
2,677,288 LOW $28.37 |
0.010| TARGET | |||
| $28.022 -1.2% 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 | 12.9 | xxx |
| Dividend Yield | xxx | N/A | 5.7% | xxx |
| Div Pay Ratio(%) | xxx | N/A | 73.4% | xxx |
DAILY FINANCIAL NEWS
Material Matters: Gold, Gold Stocks & Rare Earths
A glance through the latest expert views and predictions about commodities: potential upside as gold stocks bridge the gap to a surging gold price; plus rising rare earths price forecasts
10:00 AM - Commodities
Wealth platform Hub24 has marked a record March quarter of inflows but will see revenue margins fall from here
Apr 17 2024 - Australia
A glance through the latest expert views and predictions about commodities. Base metal pricing aided by Russian bans along with decarbonisation tailwinds; plus price forecasts for coal and iron ore
Apr 17 2024 - Commodities
The Chartist reports the trend for the copper price remains to the upside, but a breather is likely soon
Apr 17 2024 - Technicals
Domino’s Pizza’s rapid covid era expansion in Japan has led to difficulties, impacting on store rollout and sales growth plans
Apr 16 2024 - Australia
Michael Gable of Fairmont Equities sees Orica shares pushing past $20 in the months ahead
Apr 16 2024 - Technicals
PR NEWSWIRE
Finmo Introduces Direct Real-Time Payment (RTP) Integration in Australia and Expands Global Team
9:00 AM - PR NewsWire
Australia-China Business Forum Unveils Second International Supply Chain Expo in Sydney
Apr 17 2024 - PR NewsWire
Q1 2024 Revenue and Business Update
Apr 17 2024 - PR NewsWire
TASK signs Sushi Sushi to deliver all-encompassing enterprise solution
Apr 17 2024 - PR NewsWire
Pudu Robotics Releases Catering and Retail Service Robot, BellaBot Pro, With New AI, Safety and Marketing Capabilities
Apr 17 2024 - PR NewsWire
Roborock Launches a Clean Sweep Across Australia and New Zealand with S8 MaxV Ultra Robotic Cleaner
Apr 17 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates
In this week's Weekly Insights: -Shaky Sentiment Ahead Of Corporate Updates-Everybody's A Gold Bull-Best Buys & Conviction Calls By Rudi…
Apr 17 2024
DAILY MARKET REPORTS
Australian Broker Call *Extra* Edition – Apr 18, 2024
Extra Edition of the Broker Call Report
10:30 AM
The Overnight Report: Reality Check
A maker of machines that make AI chips posted a weak earnings result last night, triggering selling in the space. S&P500 down -0.6%. (Available for non-subscribers after 10am)
8:58 AM
ASX Winners And Losers Of Today – 17-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 17 2024
The Overnight Report: Dead Cat
An attempt at a modest bounce on Wall Street last night failed at the death. S&P500 down -0.2%. (Available for non-subscribers after 10am)
Apr 17 2024
ASX Winners And Losers Of Today – 16-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 16 2024
WEEKLY REPORTS
Weekly Update On LICs & LITs – 16-Apr-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Apr 16 2024
Uranium Week: Much To Discuss
Ahead of this week’s global nuclear conference, the uranium spot price ticked higher last week as the SPUT stepped in with buying
Apr 16 2024
Australian Listed Real Estate Tables – 15-04-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Apr 15 2024
Weekly Ratings, Targets, Forecast Changes – 12-04-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Apr 15 2024
In Case You Missed It – BC Extra Upgrades & Downgrades – 12-04-24
A summary of the highlights from Broker Call Extra updates throughout the week past
Apr 12 2024
Weekly Top Ten News Stories – 12 April 2024
Our top ten news stories from 04 April 2024 to 11 April 2024
Apr 12 2024
Next Week At A Glance – 15-19 Apr 2024
A brief look at important company events and economic data releases next week
Apr 12 2024
In Brief: Pro Medicus, Trump’s Trade War & Resi Construction
Weekly Broker Wrap: aggressive new target price for Pro Medicus; fears of a new Trump-inspired trade war; the best REITs for falling interest rates; and lagging starts figures for residential construction
Apr 12 2024
The Short Report – 11 Apr 2024
FNArena’s weekly update on short positions in the Australian share market
Apr 11 2024
THE MARKETS
-
Australia
18 April 2024 Updated : 10:42 AEDT
SPI Overnight
7665.00
+20.00
0.26%
NZ50
11803.770
-71.580
-0.600%
All Ordinaries
7895.80
+34.80
0.44%
S&P ASX 200
7640.20
+34.60
0.45%
S&P ASX 300
7592.20
+34.00
0.45%
Communication Services
1498.90
-0.10
-0.01%
Consumer Discretionary
3408.20
+5.90
0.17%
Consumer Staples
11859.70
+30.70
0.26%
Energy
10614.80
+18.10
0.17%
Financials
7129.90
+32.30
0.46%
Health Care
40961.30
-64.90
-0.16%
Industrials
7020.30
+16.80
0.24%
Info Technology
2128.00
+15.60
0.74%
Materials
18243.80
+213.00
1.18%
Real Estate
3504.70
+0.90
0.03%
Utilities
8679.90
+16.60
0.19%
A-REITs
1591.40
+0.50
0.03%
All Technology Index
2952.60
+11.10
0.38%
Banks
2955.50
+18.10
0.62%
Gold Index
7809.90
-18.90
-0.24%
Metals & Mining
6021.40
+75.60
1.27%
-
World
18 April 2024 Updated : 10:42 AEDT
CAD/USD
0.7262
+0.00
0.23%
EUR/JPY
164.64
+0.10
0.06%
EUR/USD
1.0668
+0.00
0.21%
GBP/USD
1.2452
0.00
-0.15%
USD/JPY
154.35
-0.20
-0.13%
-
Aus Stocks
18 April 2024 Updated : 10:42 AEDT
Amcor (US)
8.83
0.00
0.00%
Newmont (US)
38.56
+0.45
1.18%
Rio Tinto (UK)
5390.67
+136.67
2.60%
BHP Group (US)
58.41
+1.45
2.55%
Rio Tinto (US)
66.78
+1.09
1.66%
ResMed (US)
173.83
-11.03
-5.97%
South32 (UK)
170.80
+2.00
1.18%
James Hardie (US)
34.73
-0.63
-1.78%
Janus Henderson (US)
30.74
-0.08
-0.26%
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CALENDAR
Thursday, 18 April 2024
AU NAB business confidence, Q1 AU unemployment, Mar US exisiting home sales, Mar US Philadelphia Fed activity index, Apr AMP quarterly report BHP quarterly production report CGF quarterly report EDV quarterly report GOZ quarterly report STO quarterly production report TCL quarterly report TRS ex-div 10c (100%) Friday, 19 April 2024
ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$33.47
CSL CSL LIMITED 
$271.77
REA REA GROUP LIMITED
$176.48
TNE TECHNOLOGY ONE LIMITED
$15.74
WOW WOOLWORTHS GROUP LIMITED
$31.77
WEEKLY PDF
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WEEK 15
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FNARENA TALKS
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FNARENA WINDOWS
Window on MINING
Material Matters: Gold, Gold Stocks & Rare Earths
A glance through the latest expert views and predictions about commodities: potential upside as gold stocks bridge the gap to a surging gold price; plus rising rare earths price forecasts
10:00 AM
Window on WEALTH MANAGEMENT & INVESTMENTS
Award-Winning Hub24
Wealth platform Hub24 has marked a record March quarter of inflows but will see revenue margins fall from here
Apr 17 2024
Window on MINING
Material Matters: Base Metals, Coal & Iron Ore
A glance through the latest expert views and predictions about commodities. Base metal pricing aided by Russian bans along with decarbonisation tailwinds; plus price forecasts for coal and iron ore
Apr 17 2024
SMSFUNDAMENTALS
SMSFundamentals: Inflation Beats Covid, Markets As Retirement Influencer
Australians have become less comfortable with their plans for retirement, and inflation is to blame
Nov 29 2023