FINANCIAL NEWS
Higher Revenue On The Way For Megaport
Megaport maintained a focus in the September quarter on rolling out its latest product to new metro locations, providing the potential for materially higher revenue per customer.
Oct 23 2019
Whitehaven Coal Poised For Strong FY20
Several brokers consider Whitehaven Coal without peer, having successfully managed a downturn in the coal price and maintained a strong production outlook.
Oct 23 2019
Monthly Listed Invested Trust Report – Oct 2019
Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data.
Oct 23 2019
Share Buybacks – Who’s Doing It? – 23-10-2019
Weekly Update on ASX-listed companies buying in their own stock.
Oct 23 2019
Follow The Money On These Two Companies
Peter Switzer of the Switzer Report selects two stocks which suggests the trend is your friend.
Oct 23 2019
Morgan Stanley rates COH as Equal-weight
The 2019 AGM has reaffirmed FY20 net profit guidance of $290-300m, which represents 9-13% growth on FY19. Morgan Stanley notes growth is expected to continue across the business and investment is aimed at building awareness.
The company has shifted its targets for earnings per share to 7.5-12.5% compound growth over four years from 10-20% over three years. Morgan Stanley maintains an Equal-weight rating and $223.70 target. In-Line industry view.
UBS rates MGR as Sell
First quarter update was mixed, UBS observes, with highlights being the ongoing strength in the commercial & industrial portfolio as retail sales growth slows marginally. Residential releases were slightly disappointing.
The company has reaffirmed earnings guidance and will benefit in FY20 from over 2500 settlements. The focus remains on introducing capital partners into office developments in order to de-risk medium-term earnings.
UBS maintains a Sell rating, believing growth is priced into the stock. Target is raised to $3.00 from $2.90.
Credit Suisse rates OSH as Underperform
Production in the September quarter was down -1% because of the mooring damage. The company has revised 2019 guidance, reducing production volumes by -5%. Unit production costs are up 9%, driven by lower production volumes and higher repair costs.
Credit Suisse reduces 2019 capital expenditure estimates by -US$110m and adds this amount to FY20 estimates. The broker reduces the target to $6.05 from $6.25 and maintains an Underperform rating.
Upside is envisaged if PNG expansion plays out on schedule but risks remain skewed to the downside, in the broker's view.
Click here to see full report 
ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
WHC | WHITEHAVEN COAL LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$3.35 23 Oct |
OPEN $3.29 |
HIGH $3.46 |
6,813,904 LOW $3.29 |
0.070| TARGET | |||
| $3.904 16.5% upside | |||
| Franking for last dividend paid out: 50% |
| Title | FY18 Actual |
FY19 Actual |
FY20 Forecast |
FY21 Forecast |
|---|---|---|---|---|
| EPS (cps) | 53.1 | 53.5 | 20.5 | 22.4 |
| DPS (cps) | 27.0 | 40.0 | 15.2 | 11.8 |
| EPS Growth | 28.9% | 0.8% | - 61.6% | 8.9% |
| DPS Growth | N/A | 48.1% | - 61.9% | - 22.6% |
| PE Ratio | N/A | N/A | 16.3 | 15.0 |
| Dividend Yield | N/A | N/A | 4.6% | 3.5% |
| Div Pay Ratio(%) | 50.8% | 74.8% | 74.2% | 52.8% |
DAILY FINANCIAL NEWS
Higher Revenue On The Way For Megaport
Megaport maintained a focus in the September quarter on rolling out its latest product to new metro locations, providing the potential for materially higher revenue per customer.
Oct 23 2019 - Australia
Several brokers consider Whitehaven Coal without peer, having successfully managed a downturn in the coal price and maintained a strong production outlook.
Oct 23 2019 - Australia
Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data.
Oct 23 2019 - Australia
Peter Switzer of the Switzer Report selects two stocks which suggests the trend is your friend.
Oct 23 2019 - FYI
A depreciating Australian dollar and soft vehicle sales have caused ARB Corp to decelerate, with first half net profit likely to be weaker.
Oct 22 2019 - Australia
The drop in the price of graphite has combined with several negative factors to put substantial pressure on Mozambique producer Syrah Resources.
Oct 22 2019 - Small Caps
RUDI'S VIEWS
Rudi’s View: Uncorrelated Yield & More Conviction Calls
Dear time-poor reader: more research on ASX-listed uncorrelated yield options, and more Conviction Calls from stockbrokers. In this week's Weekly Insights…
Oct 18 2019
DAILY MARKET REPORTS
The Overnight Report: The Ups And Downs Of Brexit
One minute it looked like a deal had been passed, the next minute it hadn’t. Wall Street followed the Brexit flow last night. Dow down -39.
Oct 23 2019
Today’s Financial Calendar – 23-10-2019
Significant Scheduled Events For 23 October, 2019
Oct 23 2019
The Overnight Report: Beyond 3000
The S&P500 regained the 3000 mark for the first time in a month last night on positive trade chatter and ongoing earnings beats. Dow up 57.
Oct 22 2019
Today’s Financial Calendar – 22-10-2019
Significant Scheduled Events For 22 October, 2019
Oct 22 2019
Australian Broker Call *Extra* Edition – Oct 21, 2019
Extra Edition of the Broker Call Report
Oct 21 2019
The Monday Report – 21 October 2019
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Oct 21 2019
Today’s Financial Calendar – 21-10-2019
Significant Scheduled Events For 21 October, 2019
Oct 21 2019
WEEKLY REPORTS
Share Buybacks – Who’s Doing It? – 23-10-2019
Weekly Update on ASX-listed companies buying in their own stock.
Oct 23 2019
Uranium Week: Foreign Policy Limbo
The uranium industry is still waiting to find out whether waivers of US sanctions on Iran will be extended beyond next week’s expiry, ensuring activity ground to a halt last week.
Oct 22 2019
Australian Corporate Bond Price Tables – 21-10-19
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
Oct 21 2019
Weekly Ratings, Targets, Forecast Changes – 18-10-19
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Oct 21 2019
Weekly Top Ten News Stories – 18 October 2019
Our top ten news stories from 10 October 2019 to 17 October 2019
Oct 18 2019
Next Week At A Glance – 21-25 Oct 2019
A brief look at important company events and economic data releases next week.
Oct 18 2019
The Wrap: Clothes, Waste, Utilities & Ports
Weekly Broker Wrap: clothing; refinery margins; waste management; fund managers; platforms; utilities; and port volumes.
Oct 18 2019
The Short Report – 17 Oct 2019
FNArena’s weekly update on short positions in the Australian share market.
Oct 17 2019
Share Buybacks – Who’s Doing It? – 16-10-2019
Weekly Update on ASX-listed companies buying in their own stock.
Oct 16 2019
THE MARKETS
-
Asia
23 October 2019 Updated : 20:12 AEDT
NZ50
9214.870
-42.310
-0.460%
Nikkei 225
22625.38
+76.48
0.34%
Hang Seng
26566.73
-219.47
-0.82%
-
World
23 October 2019 Updated : 20:12 AEDT
CAD/USD
0.7635
0.00
-0.10%
EUR/JPY
120.50
-0.47
-0.39%
EUR/USD
1.1119
0.00
-0.22%
GBP/USD
1.2850
-0.01
-0.72%
USD/JPY
108.38
-0.18
-0.17%
-
Aus Stocks
23 October 2019 Updated : 20:12 AEDT
BHP (UK)
1639.00
+20.60
1.27%
Rio (UK)
4069.26
+41.26
1.02%
BHP (US)
48.56
+0.18
0.37%
Rio (US)
52.20
+0.32
0.62%
ResMed (US)
126.52
-4.00
-3.06%
South32 (UK)
139.46
+1.74
1.26%
James Hardie (US)
17.18
+0.01
0.06%
Telstra (US)
12.33
0.00
0.00%
Westpac (US)
19.88
-0.05
-0.25%
Click item/line to change chart
Click item/line to change chart
CALENDAR
Thursday, 24 October 2019
AU flash mfg PMI, Oct JP flash mfg PMI, Oct EZ ECB policy meeting EZ flash mfg PMI, Oct US durable goods orders, Sep US flash mfg PMI, Oct US new home sales, Sep AD8 AGM AMP quarterly report APA AGM API earnings result AYS AGM CAR AGM ALL WEATHER STOCKS
Code Company Price AMC AMCOR LIMITED 
$14.09
ARB ARB CORPORATION LIMITED 
$17.30
CSL CSL LIMITED
$250.64
REA REA GROUP LIMITED
$109.15
RMD RESMED INC
$18.50
WEEKLY PDF
Stories To Read From FNArena
WEEK 42
WEEK 41
WEEK 40
WEEK 39
WEEK 38
FNARENA TALKS
-
Click item/line to change chart
-
Click item/line to change chart
FNARENA WINDOWS
Window on CLOUD SERVICES
Higher Revenue On The Way For Megaport
Megaport maintained a focus in the September quarter on rolling out its latest product to new metro locations, providing the potential for materially higher revenue per customer.
Oct 23 2019
Window on COAL
Whitehaven Coal Poised For Strong FY20
Several brokers consider Whitehaven Coal without peer, having successfully managed a downturn in the coal price and maintained a strong production outlook.
Oct 23 2019
Window on AUTOMOBILES & COMPONENTS
ARB Corp Decelerates
A depreciating Australian dollar and soft vehicle sales have caused ARB Corp to decelerate, with first half net profit likely to be weaker.
Oct 22 2019
SMSFUNDAMENTALS
SMSFundamentals: Finding Yield In A Low Rate World
With term deposit rates around 1.5%, the ten-year bond rate at 0.9%, inflation at 1.6% and stock market volatility ever present, where can one invest for both safety and income in today’s interest rate environment?
Oct 11 2019