FINANCIAL NEWS

Treasure Chest: Silk Logistics

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Silk Logistics

12:42 PM


The Short Report – 28 Sep 2023

FNArena’s weekly update on short positions in the Australian share market

11:01 AM


Australian Banks: Choppy And Messy

The Chartist assesses the technicals for ANZ Bank, as emblematic of why Australian banks should be avoided

10:33 AM


Dr Boreham’s Crucible: Argenica Therapeutics

Argenica Therapeutics is aiming for a substantial slice of the stroke market, expected to be worth some US$180bn a year by 2030

10:00 AM


The Overnight Report: Bottom Identified?

The S&P500 came close to its 200-day moving average last night on another steep fall, then bounced, closing flat. (Available for non-subscribers after 10am)

8:52 AM


Bell Potter rates BOE as Speculative Hold

Boss Energy will restart production in December at its Honeymoon project and Bell Potter notes an increased interest in nuclear energy and uranium means a premium may be warranted for re-starting projects with proven track records in stable jurisdictions.

The broker updates valuation to account for this, raising the target to $5.53 from $3.90. A Speculative Hold rating is maintained.

UBS rates STO as Buy

Freshly returned from an Alaskan site tour organised by Santos, UBS analysts report they are incrementally positive on the depth of experience and the capability of the team on the ground.

The broker is equally positive on the State Government support for the Pikka oil development on the North Slope in Alaska, also adding some 47% of Alaska's 2022 State revenue comes from oil & gas royalties.

There are technical risks associated with the project and UBS believes Santos is still looking to sell -15% of equity in the project, estimated to generate circa US$250m in proceeds.

Estimates have been updated for the PNG LNG sell-down. Valuation/target $8.80 (was $8.70). Buy. The broker points out the current share price implies oil priced at US$65/bbl only.

Macquarie rates STX as Outperform

Gas from Walyering has been successfully delivered to the Pamelia pipeline, the first commercial gas production for Strike Energy. Macquarie expects confirmation of the commissioning phase will be well received by the market, given the delays.

While a comparatively small project, the broker notes the economics are robust with low capital and operating expenditure requirements.

Proving up the reserve base at South Erregulla is now the next catalyst with a strong uplift in 2P volumes being the key, the broker adds. Outperform retained. Target is $0.59.

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

$25.20

27 Sep
2023

0.110

OPEN

$25.03

0.44%

HIGH

$25.36

5,690,255

LOW

$25.01

TARGET
$26.772 6.2% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx 250.0 238.4 xxx
DPS (cps) xxx 145.4 162.8 xxx
EPS Growth xxx 16.1% - 4.7% xxx
DPS Growth xxx 3.2% 12.0% xxx
PE Ratio xxx N/A 10.7 xxx
Dividend Yield xxx N/A 6.4% xxx
Div Pay Ratio(%) xxx 58.2% 68.3% xxx

RUDI ON TWITTER

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DAILY FINANCIAL NEWS

Treasure Chest: Silk Logistics

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Silk Logistics

12:42 PM - Treasure Chest


The Chartist assesses the technicals for ANZ Bank, as emblematic of why Australian banks should be avoided

10:33 AM - Technicals


Argenica Therapeutics is aiming for a substantial slice of the stroke market, expected to be worth some US$180bn a year by 2030

10:00 AM - Small Caps


A glance through the latest expert views and predictions about commodities. Oil prices set to reverse; EV demand to drive lithium rebound; demand for uranium to exceed supply

Sep 27 2023 - Commodities


ASX-listed ESG targets, board expectations of rising decarbonisation capex, the top 10 sustainability topics, AI opportunities, plus lots more!

Sep 27 2023 - ESG Focus


A glance through the latest expert views and predictions about commodities. Lithium price upside; higher for longer aluminium; commodity prices and inflation; oil’s ongoing deficit

Sep 26 2023 - Commodities


RUDI'S VIEWS

Rudi’s View: Looking For Answers

In this week's Weekly Insights: -Looking For Answers-Best Ideas & Conviction Calls-FNArena Talks By Rudi Filapek-Vandyck, Editor Looking For Answers…

Sep 27 2023

DAILY MARKET REPORTS

The Overnight Report: Bottom Identified?

The S&P500 came close to its 200-day moving average last night on another steep fall, then bounced, closing flat. (Available for non-subscribers after 10am)

8:52 AM


Today’s Financial Calendar – 28-09-2023

Significant Scheduled Events For 28 September, 2023

8:15 AM


ASX Winners And Losers Of Today – 27-09-23

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 27 2023


Australian Broker Call *Extra* Edition – Sep 27, 2023

Extra Edition of the Broker Call Report

Sep 27 2023


The Overnight Report: Headwinds A-Blowin’

Rising oil prices and rising yields; shutdown; strike; student loan repayments — nothing’s looking bright for Wall Street at present. S&P down -1.5%. (Available for non-subscribers after 10am)

Sep 27 2023


Today’s Financial Calendar – 27-09-2023

Significant Scheduled Events For 27 September, 2023

Sep 27 2023


ASX Winners And Losers Of Today – 26-09-23

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 26 2023


WEEKLY REPORTS

The Short Report – 28 Sep 2023

FNArena’s weekly update on short positions in the Australian share market

11:01 AM

Uranium Week: The Only Way Is Up

The spot uranium price continued its surge last week as the SPUT has sellers backing off

Sep 26 2023

Australian Listed Real Estate Tables – 25-09-2023

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Sep 25 2023


Weekly Ratings, Targets, Forecast Changes – 22-09-23

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Sep 25 2023

Weekly Top Ten News Stories – 22 September 2023

Our top ten news stories from 14 September 2023 to 21 September 2023

Sep 22 2023

Next Week At A Glance – 25-29 Sep 2023

A brief look at important company events and economic data releases next week

Sep 22 2023


In Case You Missed It – BC Extra Upgrades & Downgrades – 22-09-23

A summary of the highlights from Broker Call Extra updates throughout the week past

Sep 22 2023

In Brief: Iron Ore; Banks; Migration; AI

Weekly Broker Wrap: Iron ore facing challenges; the resilient mortgage market; surging migration; AI creating multi-earners

Sep 22 2023

The Short Report – 21 Sep 2023

FNArena’s weekly update on short positions in the Australian share market

Sep 21 2023


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THE MARKETS

    Click item/line to change chart

  • Australia

    28 September 2023   Updated : 18:12   AEDT

    SPI Overnight

    7055.00

    -13.00

    -0.18%

    NZ50

    11178.030

    -138.780

    -1.230%

    All Ordinaries

    7222.50

    -7.30

    -0.10%

    S&P ASX 200

    7024.80

    -5.50

    -0.08%

    S&P ASX 300

    6974.60

    -5.80

    -0.08%

    Communication Services

    1483.20

    -10.50

    -0.70%

    Consumer Discretionary

    3048.60

    -36.50

    -1.18%

    Consumer Staples

    12290.90

    -84.00

    -0.68%

    Energy

    11773.40

    +338.40

    2.96%

    Financials

    6283.40

    -15.90

    -0.25%

    Health Care

    37594.40

    -12.60

    -0.03%

    Industrials

    6528.70

    -30.70

    -0.47%

    Info Technology

    1717.30

    -12.00

    -0.69%

    Materials

    17011.40

    +48.70

    0.29%

    Real Estate

    2940.90

    -19.20

    -0.65%

    Utilities

    8476.70

    -66.80

    -0.78%

    A-REITs

    1313.10

    -8.10

    -0.61%

    All Technology Index

    2456.90

    -21.60

    -0.87%

    Banks

    2574.10

    -4.90

    -0.19%

    Gold Index

    6192.30

    -196.00

    -3.07%

    Metals & Mining

    5659.90

    +19.80

    0.35%

    Click item/line to change chart

  • Australasia

    28 September 2023   Updated : 18:12   AEDT

    AUD/USD

    0.6368

    0.00

    -0.09%

    AUD/NZD

    1.0724

    0.00

    -0.17%

    NZD/USD

    0.5938

    +0.00

    0.08%

    AUD/JPY

    95.10

    +0.01

    0.01%

    SGD/AUD

    1.14

    +0.00

    0.01%

    AUD/EUR

    0.6058

    +0.00

    0.38%

    AUD/GBP

    0.5234

    0.00

    -0.23%

    AUDCAD

    0.8602

    0.00

    -0.26%

  • World

    28 September 2023   Updated : 18:12   AEDT

    CAD/USD

    0.7402

    +0.00

    0.16%

    EUR/JPY

    156.99

    -0.57

    -0.36%

    EUR/USD

    1.0511

    -0.01

    -0.47%

    GBP/USD

    1.2162

    +0.00

    0.10%

    USD/JPY

    149.36

    +0.17

    0.11%

    Click item/line to change chart

  • World

    28 September 2023   Updated : 18:12   AEDT

    FTSE100

    7555.70

    -37.52

    -0.49%

    DAX30

    15213.57

    -3.88

    -0.03%

    Hang Seng

    17364.31

    -247.56

    -1.41%

    Nikkei 225

    31872.52

    -499.38

    -1.54%

    DJIA

    33550.27

    -68.61

    -0.20%

    S&P500

    4274.51

    +0.98

    0.02%

    Nasdaq Comp

    13092.85

    +29.24

    0.22%

    S&P500 VIX

    18.15

    -0.79

    -4.17%

    US 10-year yield

    4.626

    +0.068

    1.490%

    USD Index

    106.66

    +0.48

    0.45%

  • Aus Stocks

    28 September 2023   Updated : 18:12   AEDT

    Amcor (US)

    9.03

    -0.07

    -0.77%

    Rio (UK)

    5076.00

    +2.00

    0.04%

    BHP (US)

    55.70

    +0.70

    1.27%

    Rio (US)

    62.32

    +0.31

    0.50%

    ResMed (US)

    148.65

    +5.45

    3.81%

    South32 (UK)

    173.20

    +1.20

    0.70%

    James Hardie (US)

    26.08

    -0.03

    -0.11%

    Janus Henderson (US)

    25.31

    -0.23

    -0.90%

    Newcrest (CA)

    21.56

    -1.09

    -4.81%

    Click item/line to change chart

  • Metals & Minerals

    28 September 2023   Updated : 07:33   AEDT

    Gold (oz)

    1875.00

    -25.40

    -1.34%

    Silver (oz)

    22.52

    -0.31

    -1.36%

    Copper (lb)

    3.6480

    -0.01

    -0.26%

    Aluminium (lb)

    0.9916

    0.00

    -0.24%

    Nickel (lb)

    8.4698

    -0.03

    -0.32%

    Zinc (lb)

    1.1180

    -0.02

    -1.44%

    Copper (t)

    8042.00

    -21.00

    -0.26%

    Aluminium (t)

    2186.00

    -5.00

    -0.23%

    Nickel (t)

    18673.00

    -61.00

    -0.33%

    Zinc (t)

    2465.00

    -36.00

    -1.44%

    Uranium (lb) weekly

    68.50

    +3.00

    4.58%

    Iron Ore (t)

    115.76

    +0.80

    0.70%

  • Energy

    28 September 2023   Updated : 07:33   AEDT

    West Texas Crude

    93.68

    +3.29

    3.64%

    Brent Crude

    96.55

    +2.46

    2.61%

CALENDAR

Thursday, 28 September 2023
NZ NAB business confidence, Sep
AU retail sales, Aug
US GDP, Q2 (revision)
US pending home sales, Aug
BGL earnings report
BKW earnings report
CYG ex-div 3.5c (100%)
IMU EGM
LKE trading update
PMV earnings report
SOL earnings report
Friday, 29 September 2023
NZ consumer confidence, Sep

ALL WEATHER STOCKS

Code Company Price
CAR CARSALES.COM LIMITED

$27.80

COL COLES GROUP LIMITED

$15.60

CSL CSL LIMITED

$252.04

REA REA GROUP LIMITED

$154.54

TNE TECHNOLOGY ONE LIMITED

$15.52

WEEKLY PDF

Stories To Read From FNArena


WEEK 36

WEEK 35

WEEK 34

WEEK 33

WEEK 32

FNARENA TALKS

FNARENA WINDOWS

Window on TRANSPORTATION & LOGISTICS

Treasure Chest: Silk Logistics

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Silk Logistics

12:42 PM


Window on BANKS

Australian Banks: Choppy And Messy

The Chartist assesses the technicals for ANZ Bank, as emblematic of why Australian banks should be avoided

10:33 AM


Window on PHARMACEUTICALS & BIOTECH/LIFESCIENCES

Dr Boreham’s Crucible: Argenica Therapeutics

Argenica Therapeutics is aiming for a substantial slice of the stroke market, expected to be worth some US$180bn a year by 2030

10:00 AM


SMSFUNDAMENTALS

SMSFundamentals: ETFs Killing It In Tough Times

ETF markets hit new records globally and domestically in the June half, as investors, pressured by rising interest rates, flocked to low fees, hedged exposures, rate exposures and outperforming equity ETFs. Re-published to correct market share in BetaShare report

Jul 24 2023


FEATURE STORIES

Rudi’s Comprehensive August 2023 Review

A compilation of stories relating to the August 2023 corporate reporting season in Australia, including FNArena’s final balance for the season

Sep 21 2023