FINANCIAL NEWS
ASX Winners And Losers Of Today – 20-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
6:35 PM
Dr Boreham’s Crucible: Blinklab
Recently ASX-listed Blinklab claims the world’s best mobile phone app for detecting autism, the New Criterion’s Tim Boreham reports
11:15 AM
Australian Listed Real Estate Tables – 20-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
10:30 AM
Australian Broker Call *Extra* Edition – May 20, 2024
Extra Edition of the Broker Call Report
10:16 AM
Weekly Ratings, Targets, Forecast Changes – 17-05-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
10:00 AM
Morgans rates ALL as Upgrade to Add from Hold
Following 1H results which beat consensus forecasts, Morgans upgrades its rating for Aristocrat Leisure to Add from Hold and increases the target to $50 from $47.
Profit (NPATA) exceeded forecasts by the broker and consensus by 13% and 10%, respectively, with the digital gaming division, Pixel United, delivering 17% profit growth, 6% ahead of the analyst's forecast.
North America revenue (excluding the LATAM region) achieved 6% growth, 4% ahead of the broker's forecast.
The interim dividend rose by 20% to 36cps and a $350m extension to the ongoing buyback program was announced.
Morgan Stanley rates LLC as Equal-weight
Proving there is some value placed on Lendlease Group's development/construction capabilities, Morgan Stanley notes 50% the APAC life sciences platform has been sold into a joint venture for $147m. Around $66m in cash will be received.
Management indicated the implied premium above book value is "material". Guidance for a FY24 return on equity (ROE) of 7% is maintained, but is now specifically subject to the Communities sale closing prior to June 30, explain the analysts.
The Equal-weight rating and target price of $7.25 are retained. Industry view: In-Line.
Citi rates LTM as Buy
Citi has reached some conclusions on the lithium market following talks with industry sources after provision by the Department of Energy (DOE) of more extensive guidance on the statutory definition of “foreign entity of concern” (FEOC).
The broker sees potential for tight ex-China chemicals supply as IRA incentives and battery electric vehicle (BEV)/battery tariffs increase the chance of a bifurcated lithium market.
Arcadium Lithium is best positioned to benefit from IRA credits, in Citi's opinion, with its North America chemicals footprint.
The Buy rating and $9.40 target are maintained.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
BEN | BENDIGO & ADELAIDE BANK LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$10.73 17 May |
OPEN $10.21 |
HIGH $10.86 |
8,244,351 LOW $10.17 |
0.810| TARGET | |||
| $9.820 -8.5% downside | |||
| Franking for last dividend paid out: 100% |
| Title | FY22 Actual |
FY23 Actual |
FY24 Forecast |
FY25 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | N/A | 87.6 | xxx |
| DPS (cps) | xxx | N/A | 62.7 | xxx |
| EPS Growth | xxx | N/A | N/A | xxx |
| DPS Growth | xxx | N/A | N/A | xxx |
| PE Ratio | xxx | N/A | 12.5 | xxx |
| Dividend Yield | xxx | N/A | 5.7% | xxx |
| Div Pay Ratio(%) | xxx | N/A | 71.6% | xxx |
DAILY FINANCIAL NEWS
Dr Boreham’s Crucible: Blinklab
Recently ASX-listed Blinklab claims the world’s best mobile phone app for detecting autism, the New Criterion’s Tim Boreham reports
11:15 AM - Small Caps
Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements
May 18 2024 - Australia
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
May 17 2024 - Australia
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Xero
May 16 2024 - Treasure Chest
ARB Corp’s third-quarter performance showcased why shares continue to trade at a premium to the Small Industrials Index
May 16 2024 - Small Caps
Following a strong run over the last year, brokers see further upside for shares of FleetPartners following first half results
May 15 2024 - Small Caps
PR NEWSWIRE
HaemaLogiX welcomes former Australian Federal Minister for Health Professor the Hon Greg Hunt to the company board as Non-Executive Director
8:00 PM - PR NewsWire
Pepperstone’s Tailored Partner Programs: Elevating Partner Business Experience in Forex Trading
4:46 PM - PR NewsWire
Vivid Sydney Reveals Groundbreaking Tekno Train Experience by Paul Mac
8:43 AM - PR NewsWire
CUBE acquires global regulatory intelligence businesses from Thomson Reuters
May 17 2024 - PR NewsWire
Roborock Teams Up with “The Garfield Movie” to Give Garfield a More Pampered Life
May 17 2024 - PR NewsWire
Troy Animal Healthcare Strengthens Quality Operations with Veeva Vault Quality
May 17 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: ANZ, AUB, Beach Energy, CSL, Flight Centre & Newmont
By Rudi Filapek-Vandyck, Editor It is the eye-catching recurring theme in investment strategy reports and investor surveys this month: investors…
May 16 2024
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 20-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
6:35 PM
Australian Broker Call *Extra* Edition – May 20, 2024
Extra Edition of the Broker Call Report
10:16 AM
The Monday Report – 20 May 2024
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
7:56 AM
ASX Winners And Losers Of Today – 17-05-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
May 17 2024
WEEKLY REPORTS
Australian Listed Real Estate Tables – 20-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
10:30 AM
Weekly Ratings, Targets, Forecast Changes – 17-05-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
10:00 AM
Weekly Top Ten News Stories – 17 May 2024
Our top ten news stories from 09 May 2024 to 16 May 2024
May 17 2024
Next Week At A Glance – 20 -24 May 2024
A brief look at important company events and economic data releases next week
May 17 2024
In Case You Missed It – BC Extra Upgrades & Downgrades – 17-05-24
A summary of the highlights from Broker Call Extra updates throughout the week past
May 17 2024
In Brief: Budget 2024/25, Iron Ore & Milk
Weekly Broker Wrap: impact of the 2024/25 Budget on critical minerals, listed property and healthcare; iron ore pricing; and dairy fundamentals & pricing
May 17 2024
The Short Report – 16 May 2024
FNArena’s weekly update on short positions in the Australian share market
May 16 2024
Uranium Week: US Boycott Enthusiasm Fades
NexGen Energy’s convertible nuclear deal stole the show in a week that saw market enthusiasm evaporate by Friday
May 14 2024
Weekly Update On LICs & LITs – 14-May-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
May 14 2024
THE MARKETS
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Australia
20 May 2024 Updated : 20:12 AEDT
SPI Overnight
7876.00
+35.00
0.45%
NZ50
11735.710
+35.920
0.310%
All Ordinaries
8132.10
+49.80
0.62%
S&P ASX 200
7863.70
+49.30
0.63%
S&P ASX 300
7811.60
+47.30
0.61%
Communication Services
1510.90
+0.50
0.03%
Consumer Discretionary
3536.20
+4.10
0.12%
Consumer Staples
11797.10
-67.40
-0.57%
Energy
10356.00
+225.70
2.23%
Financials
7413.80
+43.80
0.59%
Health Care
42367.80
-368.70
-0.86%
Industrials
6821.00
-13.70
-0.20%
Info Technology
2262.60
+23.60
1.05%
Materials
18940.10
+358.90
1.93%
Real Estate
3678.90
-14.50
-0.39%
Utilities
9061.70
+48.90
0.54%
A-REITs
1672.40
-7.00
-0.42%
All Technology Index
3056.60
+11.40
0.37%
Banks
3101.30
+17.00
0.55%
Gold Index
8053.40
+278.00
3.58%
Metals & Mining
6250.40
+128.20
2.09%
-
World
20 May 2024 Updated : 20:12 AEDT
CAD/USD
0.7346
+0.00
0.04%
EUR/JPY
169.26
-0.30
-0.18%
EUR/USD
1.0870
0.00
-0.19%
GBP/USD
1.2703
+0.00
0.31%
USD/JPY
155.71
+0.04
0.02%
-
Aus Stocks
20 May 2024 Updated : 20:12 AEDT
Amcor (US)
10.27
-0.09
-0.87%
Newmont (US)
43.74
+0.90
2.10%
Rio Tinto (UK)
5811.15
+26.15
0.45%
BHP Group (US)
61.47
+1.45
2.42%
Rio Tinto (US)
73.61
+1.70
2.36%
ResMed (US)
218.57
-1.40
-0.64%
South32 (UK)
204.20
+4.70
2.36%
James Hardie (US)
36.76
-0.55
-1.47%
Janus Henderson (US)
34.37
+0.14
0.41%
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CALENDAR
Monday, 20 May 2024
EZ German PPI m/m 29M AGM AFP earnings report BDM AGM BRN AGM ELD earnings report GTX earnings report Tuesday, 21 May 2024
AU minutes of RBA meeting AU Westpac Consumer Sentiment EZ trade balance, Mar ALQ earnings report AMC ex-div 19.32c (0%) ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$34.90
CSL CSL LIMITED
$277.90
REA REA GROUP LIMITED
$188.40
TNE TECHNOLOGY ONE LIMITED 
$16.02
WOW WOOLWORTHS GROUP LIMITED
$31.37
WEEKLY PDF
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WEEK 20
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FNARENA TALKS
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FNARENA WINDOWS
Window on MEDICAL EQUIPMENT & DEVICES
Dr Boreham’s Crucible: Blinklab
Recently ASX-listed Blinklab claims the world’s best mobile phone app for detecting autism, the New Criterion’s Tim Boreham reports
11:15 AM
Window on REITS
Australian Listed Real Estate Tables – 20-05-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
10:30 AM
Window on ACCOUNTANCY
Treasure Chest: Xero
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Xero
May 16 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
May 02 2024