FINANCIAL NEWS
Hard For Bank Of Qld To Instill Confidence
Bank of Queensland has myriad issues to deal with and brokers expect revenue growth will be difficult over the next couple of years with the stock likely to underperform.
Oct 18 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
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
Macquarie rates AWC as Underperform
Alumina Ltd's production numbers were largely in line with Macquarie's expectations but realised prices surprised to the upside. AWAC JV partner Alcoa has announced a review into up to 4mtpa of alumina production and 1.5mtpa of aluminium production.
The broker sees Alumina Ltd's Portland operation as a possible target. Earnings risk is to the downside, the broker warns, given current spot prices suggest a cut of -4-10%. Underperform and $1.50 target retained.
Credit Suisse rates IAG as Upgrade to Neutral from Underperform
The company will sell its 26% interest in the joint venture with State Bank of India. Total consideration is over $640m with an expected increase in Insurance Australia Group's regulatory capital position of over $400m once the transaction completes.
Credit Suisse increases FY20 estimates for reported profit by 34% and also increases the expected FY20 buyback to $750m from $300m. Target increases to $8.00 from $7.50. The broker's rating is now upgraded back to Neutral from Underperform.
UBS rates NST as Neutral
September quarter production was -10% below UBS estimates with costs 12% higher. The broker suggests, being the fourth quarter of weaker-than-expected production, market confidence has been dented and this is potentially affecting the company's premium valuation.
At its core, the past 12 months performance stems from the turnaround at Pogo taking longer than guided and UBS maintains a Neutral rating, reducing the target to $11.20 from $12.60.
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ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
BHP | BHP GROUP
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$34.79 18 Oct |
OPEN $34.94 |
HIGH $34.99 |
5,328,132 LOW $34.72 |
-0.070| TARGET | |||
| $37.303 7.2% upside | |||
| Franking for last dividend paid out: 100% |
| Title | FY20 Forecast |
FY21 Forecast |
|---|---|---|
| EPS (cps) | 306.8 | 263.9 |
| DPS (cps) | 201.6 | 173.3 |
| EPS Growth | N/A | - 14.0% |
| DPS Growth | N/A | - 14.0% |
| PE Ratio | 11.3 | 13.2 |
| Dividend Yield | 5.8% | 5.0% |
| Div Pay Ratio(%) | 65.7% | 65.7% |
DAILY FINANCIAL NEWS
Hard For Bank Of Qld To Instill Confidence
Bank of Queensland has myriad issues to deal with and brokers expect revenue growth will be difficult over the next couple of years with the stock likely to underperform.
Oct 18 2019 - Australia
Is the market pricing in excessive growth for Afterpay Touch or does there remain a significant opportunity for US expansion? Two brokers initiate coverage and differ in their outlook.
Oct 17 2019 - Australia
Plastic has become an intractable problem and intractable problems require revolutionary solutions. The world may be standing on the brink of a transformation as radical as the I-phone. (Part One in a series of Two)
Oct 17 2019 - ESG Focus
A glance through the latest expert views and predictions about commodities. Base metals; nickel; copper; housing China; coking coal; and oil.
Oct 16 2019 - Commodities
The acquisition of Transit Systems Group is expected to transform Sealink Travel into a major operator of metropolitan bus services.
Oct 16 2019 - Small Caps
The Chartist suggests if silver holds support another up-leg is on the cards.
Oct 16 2019 - Technicals
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: Everything’s Coming Up Roses
Boris has a tentative agreement and US-China trade talks have progressed further than ever before. It’s all going to be just fine. Isn’t it? Dow up 23.
Oct 18 2019
Today’s Financial Calendar – 18-10-2019
Significant Scheduled Events For 18 October, 2019
Oct 18 2019
The Overnight Report: Poised
Wall Street has taken a breather just shy of all-time highs as earnings results roll in. Dow down -22.
Oct 17 2019
Today’s Financial Calendar – 17-10-2019
Significant Scheduled Events For 17 October, 2019
Oct 17 2019
The Overnight Report: Bank On It
Strong earnings results from US banks and other large companies had the season off to a flying start last night. Dow up 237.
Oct 16 2019
Today’s Financial Calendar – 16-10-2019
Significant Scheduled Events For 16 October, 2019
Oct 16 2019
The Overnight Report: Voyage Of Discovery
It was Columbus Day in the US last night which led to negligible volumes on Wall Street as those not on holiday tried to discover whether or not there is a trade deal. Dow down -29.
Oct 15 2019
WEEKLY REPORTS
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
Uranium Week: Deadline Extended
The global uranium market will have to wait at least another 30 days before Trump’s Working Group delivers the report the market has been hanging out for.
Oct 15 2019
Weekly Ratings, Targets, Forecast Changes – 11-10-19
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Oct 14 2019
Weekly Top Ten News Stories – 11 October 2019
Our top ten news stories from 03 October 2019 to 10 October 2019
Oct 11 2019
Next Week At A Glance – 14-18 Oct 2019
A brief look at important company events and economic data releases next week.
Oct 11 2019
THE MARKETS
-
Asia
21 October 2019 Updated : 07:12 AEDT
NZ50
9214.870
-42.310
-0.460%
Nikkei 225
22492.68
+40.82
0.18%
Hang Seng
26719.58
-128.91
-0.48%
-
World
21 October 2019 Updated : 07:12 AEDT
CAD/USD
0.7612
0.00
0.00%
EUR/JPY
121.06
+0.15
0.12%
EUR/USD
1.1161
+0.00
0.31%
GBP/USD
1.2941
+0.01
0.46%
USD/JPY
108.47
-0.20
-0.19%
-
Aus Stocks
21 October 2019 Updated : 07:12 AEDT
BHP (UK)
1600.00
-6.00
-0.37%
Rio (UK)
3961.50
0.00
0.00%
BHP (US)
47.53
-0.14
-0.29%
Rio (US)
50.95
+0.18
0.35%
ResMed (US)
131.21
-0.42
-0.32%
South32 (UK)
131.62
-1.78
-1.33%
James Hardie (US)
17.32
-0.06
-0.35%
Telstra (US)
12.20
+0.01
0.08%
Westpac (US)
19.79
+0.05
0.25%
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CALENDAR
Monday, 21 October 2019
JP trade balance, Sep KAT ex-div 0.5c (100%) LYC quarterly production report NHC ex-div 9c (100%) PDN quarterly production report SGP AGM SNC ex-div 3.5c (100%) SYR quarterly production report WOR AGM Tuesday, 22 October 2019
US existing home sales, Sep COH AGM GBT ex-div 35c (100%) ALL WEATHER STOCKS
Code Company Price AMC AMCOR LIMITED 
$14.07
ARB ARB CORPORATION LIMITED
$17.42
CSL CSL LIMITED 
$250.97
REA REA GROUP LIMITED
$111.84
RMD RESMED INC
$19.26
WEEKLY PDF
Stories To Read From FNArena
WEEK 42
WEEK 41
WEEK 40
WEEK 39
WEEK 38
FNARENA TALKS
FNARENA TALKS
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FNARENA WINDOWS
Window on BANKS
Hard For Bank Of Qld To Instill Confidence
Bank of Queensland has myriad issues to deal with and brokers expect revenue growth will be difficult over the next couple of years with the stock likely to underperform.
Oct 18 2019
Window on BUSINESS & CONSUMER CREDIT
Is Afterpay Touch Stretching Its US Potential?
Is the market pricing in excessive growth for Afterpay Touch or does there remain a significant opportunity for US expansion? Two brokers initiate coverage and differ in their outlook.
Oct 17 2019
Window on PAPER & PACKAGING
ESG Focus: Prepare For The Plastic Revolution
Plastic has become an intractable problem and intractable problems require revolutionary solutions. The world may be standing on the brink of a transformation as radical as the I-phone. (Part One in a series of Two)
Oct 17 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