FINANCIAL NEWS
Divestment Of SAEC Critical For South32
South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.
Oct 20 2020
Record Customer Receipts Highlight Netlinkz Growth In China
SPONSORED: Netlinkz Limited today reported record receipts from customers for the quarter ended 30 September 2020
Oct 20 2020
FNArena Book Review: Good To Great
Good To Great by Jim Collins, first published in 2001, still contains plenty of valuable insights for today’s investor looking for that special kind of corporate breed
Oct 20 2020
Three Favourite Stocks On A One-Year Outlook
Peter Switzer of the Switzer Report selects three stocks he’d like to be invested in for the year ahead.
Oct 20 2020
Uptrend Ongoing For Kogan
Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.
Oct 20 2020
Macquarie rates AMI as Outperform
Better grades pushed production up 43% in the September quarter for Aurelia Metals while costs were lower than Macquarie estimated. FY21 guidance has been maintained at 80-90,000 ounces.
The next catalyst is confirmation and extension of gold zones at Federation. The broker maintains an Outperform rating and $0.65 target.
Morgan Stanley rates BLD as Equal-weight
Boral's future strategic direction under the new MD (Zlatko Todorcevski) is the next key catalyst and Morgan Stanley awaits results of a strategic review, to be unveiled in late October.
Morgan Stanley expects Boral to try and reduce its leverage and with the MD stating raising equity may not be the only way to strengthen the balance sheet, the broker expects asset sales may be the focus.
The company would do well to simplify its operating structure, believes the broker, and divest its non-core assets. Moreover, the company needs to reduce its general and administrative costs to be in-line with the industry to unlock any meaningful cost savings.
Equal-weight rating reaffirmed. Target is raised to $4.80 from $4.40. Industry view is Cautious.
UBS rates CSL as Buy
UBS observes 139m flu vaccine doses have been distributed for the US flu season till October 9, up 9% versus last year. CSL also increased its supply of flu vaccine into the US to circa 60m doses for the 20-21 season, a 20% increase from last year.
The broker anticipates a prolonged flu season and expects flu vaccine penetration rate in the US to rise with higher demand due to risks related to covid-19. Seqirus looks well placed to benefit from this and UBS expects its revenues to increase by 17% in FY21.
UBS makes no changes to the Buy rating or $346 price target.
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ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
ALD | AMPOL
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$25.42 19 Oct |
OPEN $25.11 |
HIGH $25.55 |
522,511 LOW $24.91 |
0.320| TARGET | |||
| $28.298 11.3% upside | |||
| Franking for last dividend paid out: 100% |
| Title | FY18 Actual |
FY19 Actual |
FY20 Forecast |
FY21 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 151.3 | 80.2 | xxx |
| DPS (cps) | xxx | 83.0 | 44.1 | xxx |
| EPS Growth | xxx | - 29.6% | - 47.0% | xxx |
| DPS Growth | xxx | - 29.7% | - 46.9% | xxx |
| PE Ratio | xxx | N/A | 32.6 | xxx |
| Dividend Yield | xxx | N/A | 1.7% | xxx |
| Div Pay Ratio(%) | xxx | 54.9% | 55.0% | xxx |
DAILY FINANCIAL NEWS
Record Customer Receipts Highlight Netlinkz Growth In China
SPONSORED: Netlinkz Limited today reported record receipts from customers for the quarter ended 30 September 2020
Oct 20 2020 - FYI
South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.
Oct 20 2020 - Australia
Good To Great by Jim Collins, first published in 2001, still contains plenty of valuable insights for today’s investor looking for that special kind of corporate breed
Oct 20 2020 - Book Reviews
Peter Switzer of the Switzer Report selects three stocks he’d like to be invested in for the year ahead.
Oct 20 2020 - FYI
Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.
Oct 20 2020 - Technicals
Delays stemming from the pandemic amid ebbing demand conditions confront Rio Tinto, while there is also work to do to improve perceptions about its cultural sensitivity.
Oct 19 2020 - Australia
RUDI'S VIEWS
Rudi’s View: Investment Themes In Australia
In this week’s Weekly Insights: -Investment Themes In Australia-Conviction Calls-That Dreadful ASX Website (But Exciting News Ahead for FNArena)-Rudi Talks…
Oct 15 2020
DAILY MARKET REPORTS
The Overnight Report: Losing The Faith
After spending last week optimistic there will be stimulus, and there will be a vaccine, Wall Street is now beginning to look a little worried. Dow down -410. (Available for non-subscribers after 10am)
Oct 20 2020
Today’s Financial Calendar – 20-10-2020
Significant Scheduled Events For 20 October, 2020
Oct 20 2020
The Monday Report – 19 October 2020
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
Oct 19 2020
Today’s Financial Calendar – 19-10-2020
Significant Scheduled Events For 19 October, 2020
Oct 19 2020
The Overnight Report: No Worries
There will be stimulus one day and the case-count doesn’t matter, it seems. Dow recovers from down -330 to close down -19. (Available for non-subscribers after 10am)
Oct 16 2020
Today’s Financial Calendar – 16-10-2020
Significant Scheduled Events For 16 October, 2020
Oct 16 2020
The Overnight Report: Reasons To Be Cheerless
Forget stimulus ahead of the election. More concerning is the rising US case-count. Dow down -165. (Available for non-subscribers after 10am)
Oct 15 2020
WEEKLY REPORTS
Uranium Week: Restart For Tsunami-Hit Reactor
As the tsunami-hit Onagawa nuclear reactor gets the OK for a restart, the weekly uranium price continues its downward trend.
Oct 20 2020
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 19 2020
Weekly Ratings, Targets, Forecast Changes – 16-10-20
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Oct 19 2020
Weekly Top Ten News Stories – 16 October 2020
Our top ten news stories from 08 October 2020 to 15 October 2020
Oct 16 2020
Next Week At A Glance – 19-23 Oct 2020
A brief look at important company events and economic data releases next week
Oct 16 2020
The Wrap: Gambling, REITs & Tax Breaks
Weekly Broker Wrap: Increased online gambling frequency during covid-19 benefited wagering products; there seems to be no light at the end of the tunnel for Office REITs; September noted a rise in the number of businesses entering into administration
Oct 16 2020
The Short Report – 15 Oct 2020
FNArena’s weekly update on short positions in the Australian share market
Oct 15 2020
Looking Elsewhere For Golden Value
The New Criterion’s Tim Boreham suspects spin-off gold miners will generate value rather than the established companies
Oct 15 2020
Uranium Week: US Reduces Reliance On Russia
Existing protections for the US commercial enrichment industry are strengthened, as the weekly uranium price resumes the recent downward trend.
Oct 13 2020
THE MARKETS
-
Asia
20 October 2020 Updated : 20:12 AEDT
NZ50
9214.870
-42.310
-0.460%
Nikkei 225
23567.04
-104.09
-0.44%
Hang Seng
24569.54
+27.28
0.11%
-
World
20 October 2020 Updated : 20:12 AEDT
CAD/USD
0.7582
0.00
-0.09%
EUR/JPY
124.35
+0.64
0.52%
EUR/USD
1.1780
+0.00
0.34%
GBP/USD
1.2947
0.00
-0.37%
USD/JPY
105.56
+0.20
0.19%
-
Aus Stocks
20 October 2020 Updated : 20:12 AEDT
BHP (UK)
1601.00
-13.00
-0.81%
Rio (UK)
4572.50
-34.50
-0.75%
BHP (US)
50.61
-1.07
-2.07%
Rio (US)
59.23
-0.82
-1.37%
ResMed (US)
179.41
-1.38
-0.76%
South32 (UK)
118.41
-0.35
-0.29%
James Hardie (US)
25.31
-0.42
-1.63%
Telstra (US)
10.00
-0.05
-0.50%
Westpac (US)
13.17
-0.11
-0.83%
Newcrest (CA)
30.00
+0.25
0.84%
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CALENDAR
Wednesday, 21 October 2020
AU retail sales, Sep (preliminary) UK CPI & PPI, Sep US Fed Beige Book ACF ex-div 1.05c (100%) AGL AGM ALX traffic stats CRN quarterly production report LYC quarterly production report MP1 quarterly report MYS AGM ORA AGM SBM quarterly production report SFR quarterly production report ALL WEATHER STOCKS
Code Company Price COL COLES GROUP LIMITED $17.85
CSL CSL LIMITED 
$301.04
REA REA GROUP LIMITED 
$123.37
RMD RESMED INC
$25.49
TNE TECHNOLOGYONE LIMITED
$8.72
WEEKLY PDF
Stories To Read From FNArena
WEEK 42
WEEK 41
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FNARENA TALKS
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FNARENA WINDOWS
Window on MINING
Divestment Of SAEC Critical For South32
South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.
Oct 20 2020
Window on RETAILING
Uptrend Ongoing For Kogan
Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.
Oct 20 2020
Window on URANIUM
Uranium Week: Restart For Tsunami-Hit Reactor
As the tsunami-hit Onagawa nuclear reactor gets the OK for a restart, the weekly uranium price continues its downward trend.
Oct 20 2020
SMSFUNDAMENTALS
SMSFundamentals: Diversified ETFs Continue to Surge
Australian exchange traded funds posted a record in August as the product of choice for investors wishing to capture exposure to a more flexible investment product.
Sep 16 2020