FINANCIAL NEWS

Saracen On Track For Gold Target

Gold throughput was a record in the September quarter and brokers suggest Saracen Mineral Holdings is on track to meet its production targets.

12:06 PM


The Short Report

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

11:23 AM


Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

10:56 AM


Thermal Coal Dynamics Underpin Whitehaven

A strong finish is anticipated in 2018 for Whitehaven Coal, which has maintained guidance despite a soft September quarter.

10:27 AM


Rudi’s View: Macquarie, Aristocrat Leisure And Emeco

In this week's Weekly Insights (this is Part Two): –Out With The Garbage –Change: Rudi On TV -Zimbabwe on Top…

10:04 AM


Morgan Stanley rates BLD as Overweight

Boral will sell its US block business for US$156m. Morgan Stanley believes the sale comprises a healthy multiple relative to valuation. The transaction is only small but should help to de-leverage the balance sheet.

Separately, the company has also indicated an expanded plasterboard joint venture or 100% ownership is being considered.

Overweight rating. Target is $8.00 and Industry view is Cautious.

Macquarie rates CGF as Outperform

Challenger reported net book growth of 3.1% in the Sep Q, underpinned by annuity sales. An announced annuity partnership with Netwealth ((NWL)) should support growth, the broker notes.

Guidance for 8-12% FY19 profit growth has been maintained and the broker retains Outperform. Target rises to $12.50 from $12.40.

UBS rates OZL as Buy

September quarter production was slightly ahead of expectations. Management now expects 2018 to be at the upper end of the 100-110,000t guidance. Carrapateena is on schedule for first production in the fourth quarter of 2019.

UBS continues to suggest the market is too cautious regarding the copper price and development risks and believes there are many upcoming positive catalysts. Buy rating maintained. Target is reduced to $10.50 from $11.00.

Click here to see full report

ANALYSIS & DATA

MARKET CONSENSUS FORECAST

To display the stock analysis for a company please enter the company code:

SBM | ST BARBARA LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.92

18 Oct
2018

0.040

OPEN

$3.84

1.03%

HIGH

$3.94

1,991,756

LOW

$3.83

TARGET
$4.170 6.4% upside
Franking for last dividend paid out: 0%
MARKET CONSENSUS FORECAST
SBM: 1
Title FY17
Actual
FY18
Actual
FY19
Forecast
FY20
Forecast
EPS (cps) 31.7 44.3 29.8 34.4
DPS (cps) 6.0 8.0 8.9 11.1
EPS Growth - 7.3% 39.6% - 32.6% 15.5%
DPS Growth N/A 33.3% 10.9% 25.0%
PE Ratio N/A N/A 13.1 11.4
Dividend Yield N/A N/A 2.3% 2.8%
Div Pay Ratio(%) 18.9% 18.1% 29.7% 32.2%

RUDI ON TWITTER

FIND US ON
Facebooktwitter

DAILY FINANCIAL NEWS

Saracen On Track For Gold Target

Gold throughput was a record in the September quarter and brokers suggest Saracen Mineral Holdings is on track to meet its production targets.

12:06 PM - Australia


A strong finish is anticipated in 2018 for Whitehaven Coal, which has maintained guidance despite a soft September quarter.

10:27 AM - Australia


FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. A broker upgrade highlights a growing belief investor sentiment is holding back Link Administration when upside potential should suggest otherwise.

Oct 17 2018 - Treasure Chest


Evolution Mining beat expectations for production in the September quarter with better grades and all mines positive on cash flow.

Oct 17 2018 - Australia


Peter Switzer of the Switzer Super Report questions whether it’s safe to go back into the ASX water.

Oct 17 2018 - FYI


RESEARCH Centaur Resources – Lithium Triangle play

Pitt Street Research has issued pre-IPO analysis on Centaur Resources, owner of the Lobo Blanco Lithium Project in Argentina.

Oct 17 2018 - FYI


RUDI'S VIEWS

Rudi’s View: Macquarie, Aristocrat Leisure And Emeco

In this week's Weekly Insights (this is Part Two): –Out With The Garbage –Change: Rudi On TV -Zimbabwe on Top…

10:04 AM

DAILY MARKET REPORTS

The Overnight Report: Consolidation Phase

Wall Street rocked and rolled last night from an early drop in a typical session of post-pullback uncertainty. Dow down -91.

9:35 AM


Today’s Financial Calendar

Significant Scheduled Events For 18 October, 2018

8:15 AM


The Overnight Report: Earnings To The Rescue

Solid earnings reports provided Wall Street with the impetus to rebound last night. Dow up 547.

Oct 17 2018


Today’s Financial Calendar

Significant Scheduled Events For 17 October, 2018

Oct 17 2018


The Overnight Report: Fade To Grey

A wishy-washy session on Wall Street ended with a fade to the close and a lack of any clear direction. Dow down -89.

Oct 16 2018


Today’s Financial Calendar

Significant Scheduled Events For 16 October, 2018

Oct 16 2018


The Monday Report

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Oct 15 2018


WEEKLY REPORTS

The Short Report

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

11:23 AM

Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

10:56 AM

Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

Oct 17 2018


Uranium Week: The Nuclear Debate

Another uranium investment company moves to list while the IPCC highlights nuclear power as a way to meet Paris Agreement goals.

Oct 16 2018

Australian Listed Real Estate Tables

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

Oct 15 2018

Weekly Ratings, Targets, Forecast Changes

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

Oct 15 2018


Weekly Top Ten News Stories

Our top ten news stories from 04 October 2018 to 11 October 2018

Oct 12 2018

Next Week At A Glance

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

Oct 12 2018

The Wrap: Queensland, Platforms, Property & Banks

Weekly Broker Wrap: Queensland; fund platforms; mining services; telcos; property; house prices; and customer wallets.

Oct 12 2018


RUDI ON TWITTER

FIND US ON
Facebooktwitter

THE MARKETS

    Click item/line to change chart

  • Australia

    18 October 2018   Updated : 20:12   AEDT

    SPI Overnight (Dec)

    5902.00

    -25.00

    -0.42%

    All Ordinaries

    6050.10

    +3.00

    0.05%

    S&P ASX 200

    5942.40

    +3.30

    0.06%

    S&P ASX 300

    5901.10

    +3.30

    0.06%

    Consumer Discretionary

    2445.00

    +2.90

    0.12%

    Consumer Staples

    10697.80

    -16.50

    -0.15%

    Energy

    11797.60

    -17.70

    -0.15%

    Financials

    5785.70

    +25.70

    0.45%

    Health Care

    29486.10

    -462.70

    -1.54%

    Industrials

    5813.30

    +14.20

    0.24%

    Info Technology

    1157.40

    +12.00

    1.05%

    Materials

    11585.80

    -78.60

    -0.67%

    Telecommunication

    1164.10

    +25.90

    2.28%

    Utilities

    7574.50

    +14.30

    0.19%

  • Asia

    18 October 2018   Updated : 20:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    22658.16

    -182.96

    -0.80%

    Hang Seng

    25454.55

    -7.71

    -0.03%

    Click item/line to change chart

  • Australasia

    18 October 2018   Updated : 20:12   AEDT

    AUD/USD

    0.7145

    0.00

    -0.03%

    AUD/NZD

    1.0882

    +0.00

    0.23%

    NZD/USD

    0.6568

    0.00

    -0.24%

    AUD/JPY

    80.41

    +0.19

    0.24%

    SGD/AUD

    1.02

    0.00

    -0.17%

    AUD/EUR

    0.6199

    +0.00

    0.23%

    AUD/GBP

    0.5449

    +0.00

    0.13%

  • World

    18 October 2018   Updated : 20:12   AEDT

    CAD/USD

    0.7675

    0.00

    -0.63%

    EUR/JPY

    129.68

    +0.01

    0.01%

    EUR/USD

    1.1524

    0.00

    -0.27%

    GBP/USD

    1.3108

    0.00

    -0.20%

    USD/JPY

    112.57

    +0.34

    0.30%

    Click item/line to change chart

  • World

    18 October 2018   Updated : 20:12   AEDT

    FTSE100

    7067.15

    +12.55

    0.18%

    DAX30

    11773.55

    +58.52

    0.50%

    DJIA

    25706.68

    -91.74

    -0.36%

    S&P500

    2809.21

    -0.71

    -0.03%

    Nasdaq Comp

    7642.70

    -2.79

    -0.04%

    S&P500 VIX

    17.60

    -0.02

    -0.11%

    US 10-year yield

    3.179

    +0.023

    0.730%

    USD Index

    95.62

    +0.55

    0.58%

  • Aus Stocks

    18 October 2018   Updated : 20:12   AEDT

    BHP (UK)

    1558.00

    -14.60

    -0.93%

    Rio (UK)

    3779.00

    -15.00

    -0.40%

    BHP (US)

    47.79

    -0.69

    -1.42%

    Rio (US)

    50.14

    +0.29

    0.58%

    ResMed (US)

    106.66

    +0.65

    0.61%

    South32 (UK)

    207.20

    -2.20

    -1.05%

    James Hardie (US)

    14.25

    +0.24

    1.71%

    Telstra (US)

    10.96

    -

    -

    Westpac (US)

    18.94

    +0.02

    0.11%

    Click item/line to change chart

  • Spot Metals & Minerals

    18 October 2018   Updated : 07:34   AEDT

    Gold (oz)

    1222.00

    -2.30

    -0.19%

    Silver (oz)

    14.58

    -0.05

    -0.34%

    Copper (lb)

    2.8390

    +0.02

    0.56%

    Aluminium (lb)

    0.9212

    +0.01

    0.80%

    Lead (lb)

    0.9183

    -0.02

    -1.72%

    Nickel (lb)

    5.6391

    -0.02

    -0.43%

    Zinc (lb)

    1.2162

    +0.03

    2.18%

    Copper (t)

    6259.00

    +35.00

    0.56%

    Aluminium (t)

    2031.00

    +16.00

    0.79%

    Lead (t)

    2025.00

    -35.00

    -1.70%

    Nickel (t)

    12432.00

    -53.00

    -0.42%

    Zinc (t)

    2681.00

    +57.00

    2.17%

    Uranium (lb) weekly

    27.65

    +0.35

    1.28%

  • Commodities Futures

    18 October 2018   Updated : 07:34   AEDT

    West Texas Crude (Nov)

    70.04

    -1.79

    -2.49%

    Brent Crude (Dec)

    80.25

    -1.09

    -1.34%

    Iron Ore (t) futures

    71.40

    +0.82

    1.16%

CALENDAR

Thursday, 18 October 2018
AU NAB business confidence, Q3
AU unemployment, Sep
JP trade balance, Sep
UK retail sales, Sep
ANN AGM
API earnings result
AVG ex-div 1.5c
AWC quarterly production report
AZJ AGM
GOZ investor update
ING AGM
KSC ex-div 2c
MYS AGM

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$13.22

ARB ARB CORPORATION LIMITED

$18.00

CSL CSL LIMITED

$188.81

REA REA GROUP LIMITED

$74.24

RMD RESMED INC

$14.89

WEEKLY PDF

Stories To Read From FNArena


WEEK 41

WEEK 40

WEEK 39

WEEK 38

WEEK 37

FNARENA TALKS

FNARENA WINDOWS

Window on GOLD & SILVER

Saracen On Track For Gold Target

Gold throughput was a record in the September quarter and brokers suggest Saracen Mineral Holdings is on track to meet its production targets.

12:06 PM


Window on COAL

Thermal Coal Dynamics Underpin Whitehaven

A strong finish is anticipated in 2018 for Whitehaven Coal, which has maintained guidance despite a soft September quarter.

10:27 AM


Window on REAL ESTATE

Rudi’s View: Macquarie, Aristocrat Leisure And Emeco

In this week's Weekly Insights (this is Part Two): –Out With The Garbage –Change: Rudi On TV -Zimbabwe on Top…

10:04 AM


FEATURE STORIES

Australian Banks: What Now?

With bank reporting season approaching, and ANZ having already issued a warning, how do brokers assess the situation from here in the wake of the Royal Commission interim report?

Oct 10 2018