FINANCIAL NEWS
ASX Winners And Losers Of Today – 27-01-23
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jan 27 2023
Weekly Top Ten News Stories – 27 January 2023
Our top ten news stories from 19 January 2023 to 26 January 2023
Jan 27 2023
SMSFundamentals: Transfer Balance Cap Set To Increase
The SMSF Association has prepared a detailed analysis about the increase in the General Transfer Balance Cap announced this week, and benefits for non-concessional contributions
Jan 27 2023
Next Week At A Glance – Jan 30-Feb 3 2023
A brief look at important company events and economic data releases next week
Jan 27 2023
In Brief: Banks, Energy, Retail, Childcare
Weekly broker wrap: banks peak, energy declines, retail resilient, childcare outlook improves
Jan 27 2023
Morgan Stanley rates AX1 as Equal-weight
Morgan Stanley spotted a positive trading update from Accent Group, with total sales up 33% year-on-year over the year's first 26 weeks. While a deceleration from the 52% growth achieved over the first 18 weeks, growth remains ahead of consensus expectations.
The company also guides to first half earnings of $80-82m, 10% ahead of Morgan Stanley's expectation and 15% ahead of consensus, and the broker sees upside to full year earnings expectations.
The Equal-weight rating and target price of $1.95 are retained. Industry view: In-Line.
Macquarie rates MIN as Outperform
Mineral Resources' Dec quarter results were strong, highlighted by material beats for realised pricing in iron ore and Mt Marion spodumene (lithium) versus Macquarie's estimates.
The Mt Marion expansion was pushed back due to supply disruptions and labour shortages, but capex remains unchanged, the broker notes, as does Wodgina production guidance.
The next key catalyst will be updates on the planned JV with Albermarle for the MARBL lithium project restructure, Macquarie suggests.
Target dips to $126 from $127, Outperform retained.
Morgans rates MP1 as Upgrade to Add from Hold
Megaport reports 2Q results on January 31 followed by 1H results on February 9. Morgans changes its forecasts to US dollars as both results will change from being reported in Australian dollars.
After considering an improving macroeconomic backdrop, more reasonable FY23 earnings expectations and the likelihood of a better 2Q compared to the weak 1Q, the broker upgrades to Add from Hold.
The analyst feels fundamentals will return to the fore after a brutal 2022 for technology and growth stocks on the ASX and notes technology valuations are now back to 20-year long-run averages.
The $9.00 target is unchanged.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
RRL | REGIS RESOURCES LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$2.16 30 Jan |
0.000 OPEN $2.16 |
0.000 HIGH $2.16 |
0 LOW $2.16 |
| TARGET | |||
| $2.020 -6.5% downside | |||
| Franking for last dividend paid out: 100% |
| Title | FY21 Actual |
FY22 Actual |
FY23 Forecast |
FY24 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 1.8 | 5.9 | xxx |
| DPS (cps) | xxx | 2.0 | 2.2 | xxx |
| EPS Growth | xxx | - 93.1% | 100.0% | xxx |
| DPS Growth | xxx | - 70.8% | 10.0% | xxx |
| PE Ratio | xxx | N/A | 36.8 | xxx |
| Dividend Yield | xxx | N/A | 1.0% | xxx |
| Div Pay Ratio(%) | xxx | 109.9% | 37.5% | xxx |
DAILY FINANCIAL NEWS
Serko’s Future Tied-In With Booking.com JV
Serko has successfully alleviated some market concern around the ability of its Booking.com for Business joint venture with a better than expected start to the new year
Jan 25 2023 - Small Caps
A glance through the latest expert views and predictions about commodities: broker outlooks for iron ore, lithium, coal and critical minerals
Jan 25 2023 - Commodities
Following a change to a direct distribution model, Nanosonics has delivered a better than expected first half, but brokers remain cautious
Jan 24 2023 - Small Caps
Michael Gable of Fairmont Equities notes that having technically broken up, the S&P500 needs confirmation
Jan 24 2023 - Technicals
Franklin Templeton’s Sonal Desai argues markets are too sanguine and the outlook for inflation, and central bankers’ attitude to it, has changed
Jan 23 2023 - International
The future of lithium remains a hotly debated topic, as slowing demand from China in the December quarter raises concerns around the potential emergence of a market surplus, which could impact on pricing over the latter half of the year
Jan 20 2023 - Commodities
PR NEWSWIRE
Minviro completes successful capital raise of £2,100,000 and welcomes industry leading investors as new shareholders
Jan 26 2023 - PR NewsWire
New “Artist in Residence” Program launches at Scape Australia, leading student accommodation provider
Jan 25 2023 - PR NewsWire
GLOBAL SENSATION, FLEURS DE VILLES, RETURNS TO THE ROYAL BOTANIC GARDEN SYDNEY FOR A CELEBRATION OF JOY AND INCLUSIVITY WITH THEIR ‘PRIDE’ FLORAL SHOW
Jan 24 2023 - PR NewsWire
South Australia’s health system and The Clinician partner to deliver State-wide Patient Reported Measures Program
Jan 24 2023 - PR NewsWire
Sapia.ai partners with HR Tech provider Avature to bring its Chat AI Interview platform to the world
Jan 24 2023 - PR NewsWire
Ferronova secures A$11 million to advance nanotech image-guided cancer therapy
Jan 23 2023 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Telix, Telstra, Treasury Wine & More
Analysts and market strategists have updated their conviction ideas for the year ahead
Jan 19 2023
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 27-01-23
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jan 27 2023
The Overnight(s) Report: Wall Street Faith
Hopes of only a soft landing for the US economy continue to grow. Over two sessions, the Dow is up 214 points. (Available for non-subscribers after 10am)
Jan 27 2023
Today’s Financial Calendar – 27-01-2023
Significant Scheduled Events For 27 January, 2023
Jan 27 2023
Today’s Financial Calendar – 26-01-2023
Significant Scheduled Events For 26 January, 2023
Jan 26 2023
ASX Winners And Losers Of Today – 25-01-23
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jan 25 2023
Australian Broker Call *Extra* Edition – Jan 25, 2023
Extra Edition of the Broker Call Report
Jan 25 2023
The Overnight Report: Hanging In
It was a tough day, but the S&P500 managed to remain above 4000. Dow up 104. (Available for non-subscribers after 10am)
Jan 25 2023
WEEKLY REPORTS
Weekly Top Ten News Stories – 27 January 2023
Our top ten news stories from 19 January 2023 to 26 January 2023
Jan 27 2023
Next Week At A Glance – Jan 30-Feb 3 2023
A brief look at important company events and economic data releases next week
Jan 27 2023
In Brief: Banks, Energy, Retail, Childcare
Weekly broker wrap: banks peak, energy declines, retail resilient, childcare outlook improves
Jan 27 2023
The Short Report – 25 Jan 2023
FNArena’s weekly update on short positions in the Australian share market
Jan 25 2023
Uranium Week: Market On Edge
Media reports suggest Russia’s state-owned uranium company has offered Russia’s military whatever it needs, prompting renewed calls for sanctions
Jan 24 2023
Weekly Ratings, Targets, Forecast Changes – 20-01-23
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Jan 23 2023
Next Week At A Glance – 23-27 Jan 2023
A brief look at important company events and economic data releases next week
Jan 20 2023
Weekly Top Ten News Stories – 20 January 2023
Our top ten news stories from 12 January 2023 to 19 January 2023
Jan 20 2023
Uranium Week: Quiet And Positive
End of year and the start of a fresh calendar year traditionally means low activity overall for a small market such as uranium. The weeks past proved no exception, but it hasn’t stopped further positive developments
Jan 17 2023
THE MARKETS
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CALENDAR
Monday, 30 January 2023
| NZ | markets closed |
| NZ | trade balance, Dec |
| ALC | Quarterly market update |
| JRV | Quarterly production report |
| MCL | Quarterly market update |
| OZL | Quarterly production update |
Tuesday, 31 January 2023
| AU | private sector credit, Dec |
| AU | Retail sales Dec |
| JP | Industrial production Dec |
| JP | Retail sales Dec |
| CH | industrial profits, Dec |
| CH | PMIs, Jan |
ALL WEATHER STOCKS
| Code | Company | Price |
|---|---|---|
| COL | COLES GROUP LIMITED |
|
| CSL | CSL LIMITED |
|
| REA | REA GROUP LIMITED |
|
| RMD | RESMED INC |
|
| TNE | TECHNOLOGY ONE LIMITED |
|
$17.50
$294.70
WEEKLY PDF
Stories To Read From FNArena
WEEK 4
WEEK 3
WEEK 51
WEEK 50
WEEK 49
FNARENA TALKS
FNARENA WINDOWS
Window on SOFTWARE & SERVICES
Serko’s Future Tied-In With Booking.com JV
Serko has successfully alleviated some market concern around the ability of its Booking.com for Business joint venture with a better than expected start to the new year
Jan 25 2023
Window on COMMODITIES
Material Matters: Iron Ore, Lithium, Coal and Critical Minerals
A glance through the latest expert views and predictions about commodities: broker outlooks for iron ore, lithium, coal and critical minerals
Jan 25 2023
Window on MEDICAL EQUIPMENT & DEVICES
Nanosonics Outlook Remains Clouded
Following a change to a direct distribution model, Nanosonics has delivered a better than expected first half, but brokers remain cautious
Jan 24 2023
SMSFUNDAMENTALS
SMSFundamentals: Transfer Balance Cap Set To Increase
The SMSF Association has prepared a detailed analysis about the increase in the General Transfer Balance Cap announced this week, and benefits for non-concessional contributions
Jan 27 2023
