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.

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:

RRL | REGIS RESOURCES LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.16

30 Jan
2023

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%
FNARENA'S MARKET CONSENSUS FORECASTS
RRL: 1
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

RUDI ON TWITTER

FIND US ON
Facebooktwitter

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


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


RUDI ON TWITTER

FIND US ON
Facebooktwitter

THE MARKETS

    Click item/line to change chart

  • Australia

    29 January 2023   Updated : 20:12   AEDT

    SPI Overnight

    7463.00

    +31.00

    0.42%

    NZ50

    12036.050

    +12.590

    0.100%

    All Ordinaries

    7709.50

    +21.50

    0.28%

    S&P ASX 200

    7493.80

    +25.50

    0.34%

    S&P ASX 300

    7462.20

    +24.60

    0.33%

    Communication Services

    1479.50

    +2.40

    0.16%

    Consumer Discretionary

    2994.90

    +3.70

    0.12%

    Consumer Staples

    13079.70

    +158.60

    1.23%

    Energy

    11248.30

    -211.20

    -1.84%

    Financials

    6731.50

    +66.40

    1.00%

    Health Care

    42715.00

    -117.90

    -0.28%

    Industrials

    6524.10

    +29.10

    0.45%

    Info Technology

    1470.90

    +17.50

    1.20%

    Materials

    19320.00

    +4.40

    0.02%

    Real Estate

    3262.30

    +36.00

    1.12%

    Utilities

    8054.50

    -8.40

    -0.10%

    A-REITs

    1448.60

    +16.20

    1.13%

    All Technology Index

    2182.20

    +17.60

    0.81%

    Banks

    2792.70

    +29.30

    1.06%

    Gold Index

    6523.20

    -100.30

    -1.51%

    Metals & Mining

    6587.90

    +3.00

    0.05%

    Click item/line to change chart

  • Australasia

    29 January 2023   Updated : 20:12   AEDT

    AUD/USD

    0.7151

    +0.00

    0.48%

    AUD/NZD

    1.1020

    +0.01

    0.57%

    NZD/USD

    0.6490

    0.00

    -0.11%

    AUD/JPY

    92.30

    -0.12

    -0.13%

    SGD/AUD

    1.07

    +0.00

    0.16%

    AUD/EUR

    0.6536

    +0.00

    0.02%

    AUD/GBP

    0.5740

    0.00

    -0.10%

    AUDCAD

    0.9541

    +0.01

    0.62%

  • World

    29 January 2023   Updated : 20:12   AEDT

    CAD/USD

    0.7497

    0.00

    -0.11%

    EUR/JPY

    141.22

    -0.19

    -0.14%

    EUR/USD

    1.0873

    0.00

    -0.15%

    GBP/USD

    1.2381

    0.00

    -0.08%

    USD/JPY

    129.88

    +0.02

    0.01%

    Click item/line to change chart

  • World

    29 January 2023   Updated : 20:12   AEDT

    FTSE100

    7765.15

    +4.04

    0.05%

    DAX30

    15150.03

    +17.18

    0.11%

    Hang Seng

    22688.90

    +122.12

    0.54%

    Nikkei 225

    27382.56

    +19.81

    0.07%

    DJIA

    33978.08

    +28.67

    0.08%

    S&P500

    4070.56

    +10.13

    0.25%

    Nasdaq Comp

    11621.71

    +109.30

    0.95%

    S&P500 VIX

    18.51

    -0.22

    -1.17%

    US 10-year yield

    3.518

    +0.025

    0.720%

    USD Index

    101.83

    +0.17

    0.17%

  • Aus Stocks

    29 January 2023   Updated : 20:12   AEDT

    Amcor (US)

    11.95

    +0.12

    1.01%

    Rio (UK)

    6339.39

    -37.61

    -0.59%

    BHP (US)

    69.88

    -1.36

    -1.91%

    Rio (US)

    79.61

    -0.79

    -0.98%

    ResMed (US)

    224.59

    -7.58

    -3.26%

    South32 (UK)

    266.00

    -5.50

    -2.03%

    James Hardie (US)

    22.58

    +0.01

    0.04%

    Telstra (US)

    12.48

    +0.09

    0.73%

    Janus Henderson (US)

    25.79

    +0.14

    0.55%

    Newcrest (CA)

    21.03

    -0.56

    -2.59%

    Click item/line to change chart

  • Metals & Minerals

    27 January 2023   Updated : 07:43   AEDT

    Gold (oz)

    1930.50

    -15.10

    -0.78%

    Silver (oz)

    23.91

    +0.02

    0.08%

    Copper (lb)

    4.1986

    0.00

    -0.04%

    Aluminium (lb)

    1.2895

    -0.01

    -0.46%

    Nickel (lb)

    13.1489

    +0.29

    2.25%

    Zinc (lb)

    1.5709

    +0.02

    1.47%

    Copper (t)

    9256.00

    -4.00

    -0.04%

    Aluminium (t)

    2843.00

    -13.00

    -0.46%

    Lead (t)

    2167.00

    +12.00

    0.56%

    Nickel (t)

    28988.00

    +638.00

    2.25%

    Zinc (t)

    3463.00

    +50.00

    1.46%

    Uranium (lb) weekly

    48.80

    -1.40

    -2.79%

    Iron Ore (t)

    122.49

    +0.56

    0.46%

  • Energy

    27 January 2023   Updated : 07:43   AEDT

    West Texas Crude

    81.18

    +0.66

    0.82%

    Brent Crude

    87.58

    +1.18

    1.37%

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

$17.50

CSL CSL LIMITED

$294.70

REA REA GROUP LIMITED

$123.89

RMD RESMED INC

$33.65

TNE TECHNOLOGY ONE LIMITED

$14.82

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


FEATURE STORIES

2023 Outlook: Australia

There’s not much we can do to control commodity prices. Otherwise, the biggest risk to Australia’s economy next year is the housing market

Dec 15 2022


2023 Outlook: Global

Dec 07 2022