FINANCIAL NEWS
Rudi’s View (Part 2): Iress, Oz Minerals And Super Retail
Part Two of the calendar year’s first update on Conviction Calls for the year ahead.
Jan 17 2020
Weekly Top Ten News Stories – 17 January 2020
Our top ten news stories from 09 January 2020 to 16 January 2020
Jan 17 2020
Next Week At A Glance – 20-24 Jan 2020
A brief look at important company events and economic data releases next week.
Jan 17 2020
The Wrap: Bushfires & Economy, WA TAB And REITs
Weekly Broker Wrap: market outlook; Australian economy; housing; property; JeansWest; wealth; gaming; and US census.
Jan 17 2020
The Overnight Report: More Records, Trillions And Blue Sky
More all-time records were broken on Wall Street last night with Alphabet’s (Google) market cap rising above US$1trn (Available for non-subscribers after 10am)
Jan 17 2020
UBS rates AWC as Sell
Alcoa reported an adjusted earnings loss for the December quarter of -US$0.31 per security. Net distributions to Alumina Ltd were US$74.4m.
UBS acknowledges its final base case dividend of US3.5c per share may be conservative and notes additional distributions appear necessary for the final dividend to reach the consensus forecast of US4.1c per share.
Sell rating and $2.10 target maintained.
Citi rates MHJ as Buy
Buy rating maintained while the price target loses -1c to $0.80. Citi found the Q2 trading update serves as a signal that sales momentum is strong, supported by Black Friday and Christmas 2019.
The analysts acknowledge headwinds remain for the jeweler short-term, but medium term earnings momentum is expected to improve. Citi also finds the stock is still trading at undemanding multiples in combination with an above average dividend yield.
Credit Suisse rates S32 as Outperform
The December quarter was soft, Credit Suisse observes, amid weak manganese prices. The main change to estimates is driven by an expected effective tax rate of 75-85% in the first half. There are no available tax benefits to use from South Africa Energy Coal.
While the first half dividend is considered likely to be mediocre, the broker notes the balance sheet has plenty of capacity to extend the capital management program beyond February.
Credit Suisse suspects South32 will require some further commodity price help and operating improvement in FY21 to lift the share price meaningfully. Outperform rating and $3.10 target maintained.
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ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
ANZ | AUSTRALIA & NEW ZEALAND BANKING GROUP
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$25.42 17 Jan |
0.000 OPEN $25.59 |
0.000 HIGH $25.68 |
4,711,623 LOW $25.42 |
| TARGET | |||
| $26.314 3.5% upside | |||
| Franking for last dividend paid out: 70% |
| Title | FY18 Actual |
FY19 Actual |
FY20 Forecast |
FY21 Forecast |
|---|---|---|---|---|
| EPS (cps) | 221.6 | 210.0 | 204.4 | 210.8 |
| DPS (cps) | 160.0 | 160.0 | 154.3 | 154.3 |
| EPS Growth | 0.7% | - 5.2% | - 2.7% | 3.1% |
| DPS Growth | 0.0% | 0.0% | - 3.6% | 0.0% |
| PE Ratio | N/A | N/A | 12.4 | 12.1 |
| Dividend Yield | N/A | N/A | 6.1% | 6.1% |
| Div Pay Ratio(%) | 72.2% | 76.2% | 75.5% | 73.2% |
DAILY FINANCIAL NEWS
Material Matters: Previews Qtr Updates Part 2
A glance through the latest expert views and predictions about commodities. Iron ore; oil & gas; gold; copper; nickel; and lithium.
Jan 16 2020 - Commodities
Brokers suspect fund managers will endure another lacklustre performance over 2020 with Pendal Group indicating only marginal gains in FUM in the first quarter amid subdued performance fees.
Jan 15 2020 - Australia
Analysis of last year’s AGM season shows boards in Australia are receiving less rejections from shareholders, but larger sized companies receive more plus climate change is now firmly in focus.
Jan 15 2020 - ESG Focus
A glance through the latest expert views and predictions about commodities producers’ upcoming quarterly production reports. Featuring are bulks; copper; aluminium/alumina; nickel; and gold.
Jan 15 2020 - Commodities
RESEARCH: Promising Outlook For Prospect Resources
Pitt Street Research sees a Promising Outlook For Prospect Resources, driven by better DFS and funding deal.
Jan 15 2020 - FYI
RESEARCH: Interview with Dome Gold Mines’ Garry Lowder
Pitt Street Research spoke with Garry Lowder, Chairman of Dome Gold Mines.
Jan 14 2020 - FYI
RUDI'S VIEWS
Rudi’s View (Part 2): Iress, Oz Minerals And Super Retail
Part Two of the calendar year’s first update on Conviction Calls for the year ahead.
Jan 17 2020
DAILY MARKET REPORTS
The Overnight Report: More Records, Trillions And Blue Sky
More all-time records were broken on Wall Street last night with Alphabet’s (Google) market cap rising above US$1trn (Available for non-subscribers after 10am)
Jan 17 2020
Today’s Financial Calendar – 17-01-2020
Significant Scheduled Events For 17 January, 2020
Jan 17 2020
The Overnight Report: To 7000, And Beyond (?)
The local market looks poised to surpass the 7000 (ASX200) on a positive lead from Wall Street after China and the US signed off on Phase One (Available for non-subscribers after 10am)
Jan 16 2020
Today’s Financial Calendar – 16-01-2020
Significant Scheduled Events For 16 January, 2020
Jan 16 2020
The Overnight Report: US-China Deal Not Ideal
Investors globally are awaiting the signing of the Phase One deal between China and the USA. Meanwhile, first corporate results did not disappoint (Available for non-subscribers after 10am)
Jan 15 2020
Today’s Financial Calendar – 15-01-2020
Significant Scheduled Events For 15 January, 2020
Jan 15 2020
The Overnight Report: New Record High
S&P500 and Nasdaq hit new record highs last night as investors await the start of corporate earnings season in the USA. (Available for non-subscribers after 10am)
Jan 14 2020
WEEKLY REPORTS
Weekly Top Ten News Stories – 17 January 2020
Our top ten news stories from 09 January 2020 to 16 January 2020
Jan 17 2020
Next Week At A Glance – 20-24 Jan 2020
A brief look at important company events and economic data releases next week.
Jan 17 2020
The Wrap: Bushfires & Economy, WA TAB And REITs
Weekly Broker Wrap: market outlook; Australian economy; housing; property; JeansWest; wealth; gaming; and US census.
Jan 17 2020
Uranium Week: Tension Rising, But Not Price
Rising tensions between the USA and Iran have not prevented spot uranium from sliding further in early 2020.
Jan 14 2020
Weekly Ratings, Targets, Forecast Changes – 10-01-20
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Jan 13 2020
Ironing Out The Blight Of Money Laundering
The New Criterion’s Tim Boreham points out blockchain can be the answer to banks’ money laundering woes, and highlights two companies providing the technology.
Dec 23 2019
Weekly Ratings, Targets, Forecast Changes – 20-12-19
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Dec 23 2019
Weekly Top Ten News Stories – 20 December 2019
Our top ten news stories from 12 December 2019 to 19 December 2019
Dec 20 2019
Next Week(s) At A Glance – Christmas-New Year
A brief look at important company events and economic data releases next week.
Dec 20 2019
THE MARKETS
-
Asia
18 January 2020 Updated : 20:12 AEDT
NZ50
9214.870
-42.310
-0.460%
Nikkei 225
24041.26
+108.13
0.45%
Hang Seng
29056.42
+173.38
0.60%
-
World
18 January 2020 Updated : 20:12 AEDT
CAD/USD
0.7653
0.00
-0.21%
EUR/JPY
122.15
-0.56
-0.46%
EUR/USD
1.1091
0.00
-0.40%
GBP/USD
1.3016
-0.01
-0.61%
USD/JPY
110.13
-0.05
-0.05%
-
Aus Stocks
18 January 2020 Updated : 20:12 AEDT
BHP (UK)
1851.60
+41.60
2.30%
Rio (UK)
4651.00
+124.50
2.75%
BHP (US)
56.48
+0.92
1.66%
Rio (US)
60.67
+1.52
2.57%
ResMed (US)
160.57
-0.16
-0.10%
South32 (UK)
152.96
+2.76
1.84%
James Hardie (US)
21.19
+0.10
0.47%
Telstra (US)
13.45
+0.07
0.52%
Westpac (US)
17.24
0.00
0.00%
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CALENDAR
Monday, 20 January 2020
JP industrial production, Nov AFI earnings result SYD quarterly update Tuesday, 21 January 2020
AMH earnings result BHP quarterly production report Wednesday, 22 January 2020
AU Westpac/MI consumer sentiment, Jan API AGM Thursday, 23 January 2020
AU Unemployment, Dec EZ ECB policy decision US Leading Index, Dec ALL WEATHER STOCKS
Code Company Price AMC AMCOR LIMITED 
$15.56
ARB ARB CORPORATION LIMITED 
$19.55
CSL CSL LIMITED
$300.10
REA REA GROUP LIMITED
$114.90
RMD RESMED INC
$23.26
WEEKLY PDF
Stories To Read From FNArena
WEEK 3
WEEK 51
WEEK 50
WEEK 49
WEEK 48
FNARENA TALKS
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FNARENA WINDOWS
Window on MINING
Material Matters: Previews Qtr Updates Part 2
A glance through the latest expert views and predictions about commodities. Iron ore; oil & gas; gold; copper; nickel; and lithium.
Jan 16 2020
Window on WEALTH MANAGEMENT & INVESTMENTS
No Quick Turnaround For Pendal Group
Brokers suspect fund managers will endure another lacklustre performance over 2020 with Pendal Group indicating only marginal gains in FUM in the first quarter amid subdued performance fees.
Jan 15 2020
Window on MINING
Material Matters: Previews Quarterly Updates
A glance through the latest expert views and predictions about commodities producers’ upcoming quarterly production reports. Featuring are bulks; copper; aluminium/alumina; nickel; and gold.
Jan 15 2020
SMSFUNDAMENTALS
SMSFundamentals: 2019 Record Year For ETFs
Investors are increasingly using Exchange Traded Funds to build diverse portfolios across asset classes and the industry had a big year in 2019.
Jan 16 2020