FINANCIAL NEWS

FNArena Corporate Results Monitor 16-08-2019

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Aug 16 2019


Weekly Top Ten News Stories 8-15 August 2019

Our top ten news stories from 08 August 2019 to 15 August 2019

Aug 16 2019


Next Week At A Glance – Week 19-23 August 2019

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

Aug 16 2019


Radio Advertising Market Pivotal For HT&E

Radio advertising markets are now pivotal for HT&E and the environment remains tough in the second half of 2019, although the third quarter could be a nadir.

Aug 16 2019


CSL Retains Superior Position In Plasma

A superior position in plasma collections in the US has delivered benefits to CSL in FY19 and, while competitors are gearing up, brokers believe the outlook for FY20 remains firm.

Aug 16 2019


Credit Suisse rates APX as Initiation of coverage with Neutral

The broker has initiated coverage of Appen, balancing a 5.1x 2019 revenue forecast with discounted cash flow to come up with a target of $23.00. This is close to the trading price so the broker begins on Neutral.

Valuation is full after a significant re-rate but the broker does not believe the business model is enjoying the high operating leverage potential of tech sector peers. Near term momentum appears to be to the upside but the broker remains alert for deteriorating industry structure.

Morgan Stanley rates ASX as Equal-weight

FY19 results were slightly below Morgan Stanley's estimates. The special dividend of $1.29 was also below estimates. Guidance is for FY20 operating expenditure growth of 6-8% and capital expenditure of $75-80m.

Equal-weight retained. Target is $64. Industry view: In-Line.

Morgans rates SYD as Add

First half results were broadly in line with expectations. International passengers comprised 38% and contributed 70% of revenue. Net operating receipts increased 5%.

This did not cover the first half distribution of 19.5c per security but the 2019 distribution is expected to be fully covered. Morgans was pleased with the strengthening of credit metrics. Add rating maintained. Target is steady at $8.71.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

WHC | WHITEHAVEN COAL LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.20

16 Aug
2019

-0.180

OPEN

$3.35

-5.33%

HIGH

$3.35

11,555,079

LOW

$3.15

TARGET
$4.421 38.2% upside
Franking for last dividend paid out: 50%
MARKET CONSENSUS FORECAST
WHC: 1
Title FY18
Actual
FY19
Actual
FY20
Forecast
FY21
Forecast
EPS (cps) 53.1 53.5 30.3 27.4
DPS (cps) 27.0 40.0 19.7 13.7
EPS Growth 28.9% 0.8% - 43.4% - 9.4%
DPS Growth N/A 48.1% - 50.8% - 30.2%
PE Ratio N/A N/A 10.6 11.7
Dividend Yield N/A N/A 6.1% 4.3%
Div Pay Ratio(%) 50.8% 74.8% 65.0% 50.1%

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DAILY FINANCIAL NEWS

FNArena Corporate Results Monitor 16-08-2019

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Aug 16 2019 - Australia


Radio advertising markets are now pivotal for HT&E and the environment remains tough in the second half of 2019, although the third quarter could be a nadir.

Aug 16 2019 - Small Caps


A superior position in plasma collections in the US has delivered benefits to CSL in FY19 and, while competitors are gearing up, brokers believe the outlook for FY20 remains firm.

Aug 16 2019 - Australia


FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Aug 15 2019 - Australia


Magellan Financial has outlined a plan to increasingly use a partnership model to engage directly with retail investors.

Aug 15 2019 - Australia


RESEARCH: Interview Weebit Nano CEO & Chairman

Pitt Street Research has interviewed the CEO and Chairman of Weebit Nano.

Aug 15 2019 - FYI


RUDI'S VIEWS

August Reporting Season: Early Progress Report

Dear time-poor reader: early update on corporate results, plus a longer-term assessment of CSL. In this week's Weekly Insights: -Financial…

Aug 15 2019

DAILY MARKET REPORTS

The Overnight Report: Rock’n’Roll

Wall Street was all over the shop last night, tracking bond yields back and forth. Dow up 99.

Aug 16 2019


Today’s Financial Calendar

Significant Scheduled Events For 16 August, 2019

Aug 16 2019


The Overnight Report: As The World Turns

Weak data from China and Germany sent the US yield curve into inversion last night, sparking a major stock market sell-off. Dow down -800.

Aug 15 2019


Today’s Financial Calendar

Significant Scheduled Events For 15 August, 2019

Aug 15 2019


The Overnight Report: Tariff Turnaround

It’s beginning to look a lot like Christmas. Trump bows to pressure, Dow up 372.

Aug 14 2019


Today’s Financial Calendar

Significant Scheduled Events For 14 August, 2019

Aug 14 2019


The Overnight Report: Getting Bonkers In Honkers

The closure of Hong Kong airport was ignored by the local market yesterday but was enough to tip Wall Street over the edge once more. Dow down -389.

Aug 13 2019


WEEKLY REPORTS

Weekly Top Ten News Stories 8-15 August 2019

Our top ten news stories from 08 August 2019 to 15 August 2019

Aug 16 2019

Next Week At A Glance – Week 19-23 August 2019

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

Aug 16 2019

Australian Corporate Bond Price Tables

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

Aug 15 2019


The Short Report – 15 August 2019

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

Aug 15 2019

Share Buybacks – Who’s Doing It? – 14-08-2019

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

Aug 14 2019

Uranium Week: Complete Standstill

Not one transaction was reported in uranium markets last week.

Aug 13 2019


Weekly Ratings, Targets, Forecast Changes – 12-08-19

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

Aug 12 2019

Weekly Top Ten News Stories

Our top ten news stories from 01 August 2019 to 08 August 2019

Aug 09 2019

Next Week At A Glance

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

Aug 09 2019


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THE MARKETS

    Click item/line to change chart

  • Australia

    18 August 2019   Updated : 15:42   AEDT

    SPI Overnight (Sep)

    6351.00

    -23.00

    -0.36%

    All Ordinaries

    6485.90

    -4.90

    -0.08%

    S&P ASX 200

    6405.50

    -2.60

    -0.04%

    S&P ASX 300

    6362.10

    -3.50

    -0.05%

    Consumer Discretionary

    2448.90

    +2.90

    0.12%

    Consumer Staples

    11862.70

    -26.80

    -0.23%

    Energy

    9940.40

    -88.60

    -0.88%

    Financials

    6054.70

    +40.00

    0.67%

    Health Care

    34833.20

    +123.90

    0.36%

    Industrials

    6653.40

    -4.10

    -0.06%

    Info Technology

    1232.80

    -0.90

    -0.07%

    Materials

    13051.70

    -96.10

    -0.73%

    Telecommunication

    1285.80

    -35.70

    -2.70%

    Utilities

    7843.40

    +41.00

    0.53%

  • Asia

    18 August 2019   Updated : 15:42   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    20418.81

    +13.16

    0.06%

    Hang Seng

    25734.22

    +238.76

    0.94%

    Click item/line to change chart

  • Australasia

    18 August 2019   Updated : 15:42   AEDT

    AUD/USD

    0.6780

    0.00

    0.00%

    AUD/NZD

    1.0546

    0.00

    -0.02%

    NZD/USD

    0.6429

    +0.00

    0.05%

    AUD/JPY

    72.12

    -0.04

    -0.06%

    SGD/AUD

    1.07

    +0.00

    0.20%

    AUD/EUR

    0.6111

    0.00

    -0.10%

    AUD/GBP

    0.5580

    0.00

    0.00%

    AUDCAD

    0.9001

    0.00

    -0.12%

  • World

    18 August 2019   Updated : 15:42   AEDT

    CAD/USD

    0.7533

    +0.00

    0.12%

    EUR/JPY

    118.02

    +0.04

    0.03%

    EUR/USD

    1.1094

    +0.00

    0.09%

    GBP/USD

    1.2151

    0.00

    -0.01%

    USD/JPY

    106.38

    -0.06

    -0.06%

    Click item/line to change chart

  • World

    18 August 2019   Updated : 15:42   AEDT

    FTSE100

    7117.15

    +50.14

    0.71%

    DAX30

    11562.74

    +150.07

    1.31%

    DJIA

    25886.01

    +306.62

    1.20%

    S&P500

    2888.68

    +41.08

    1.44%

    Nasdaq Comp

    7895.99

    +129.38

    1.67%

    S&P500 VIX

    18.47

    -2.71

    -12.80%

    US 10-year yield

    1.539

    +0.010

    0.650%

    USD Index

    97.99

    +0.16

    0.16%

  • Aus Stocks

    18 August 2019   Updated : 15:42   AEDT

    BHP (UK)

    1755.20

    -17.40

    -0.98%

    Rio (UK)

    4005.00

    -21.00

    -0.52%

    BHP (US)

    48.81

    -0.49

    -0.99%

    Rio (US)

    48.82

    -

    -

    ResMed (US)

    134.44

    +2.11

    1.59%

    South32 (UK)

    153.00

    -2.00

    -1.29%

    James Hardie (US)

    15.50

    +0.15

    0.98%

    Telstra (US)

    12.80

    -0.31

    -2.36%

    Westpac (US)

    19.05

    +0.29

    1.55%

    Click item/line to change chart

  • Spot Metals & Minerals

    16 August 2019   Updated : 07:35   AEDT

    Gold (oz)

    1522.90

    +6.80

    0.45%

    Silver (oz)

    17.23

    +0.05

    0.29%

    Copper (lb)

    2.5744

    -0.01

    -0.42%

    Aluminium (lb)

    0.7881

    +0.00

    0.13%

    Lead (lb)

    0.9226

    0.00

    -0.49%

    Nickel (lb)

    7.3398

    +0.16

    2.29%

    Zinc (lb)

    1.0132

    0.00

    -0.07%

    Copper (t)

    5676.00

    -24.00

    -0.42%

    Aluminium (t)

    1737.00

    +2.00

    0.12%

    Lead (t)

    2034.00

    -10.00

    -0.49%

    Nickel (t)

    16181.00

    +362.00

    2.29%

    Zinc (t)

    2234.00

    -2.00

    -0.09%

    Uranium (lb) weekly

    25.25

    -0.25

    -0.98%

  • Commodities Futures

    16 August 2019   Updated : 08:17   AEDT

    West Texas Crude

    54.70

    -0.25

    -0.45%

    Brent Crude

    58.40

    -0.54

    -0.92%

    Iron Ore (t) futures

    88.80

    -1.55

    -1.72%

CALENDAR

Monday, 19 August 2019
NZ PPI, Q2
JP trade balance, Jul
EZ CPI, Jul
ALU earnings result
BPT earnings result
BSL earnings result
CCP ex-div 36c (100%)
GWA earnings result
IAG ex-div 20c (70%)
IFM earnings result
IMD earnings result
LLC earnings result
NHF earnings result

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$14.39

ARB ARB CORPORATION LIMITED

$16.91

CSL CSL LIMITED

$227.40

REA REA GROUP LIMITED

$100.20

RMD RESMED INC

$19.53

WEEKLY PDF

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WEEK 29

FNARENA TALKS

FNARENA WINDOWS

Window on PRINT, RADIO & TV

Radio Advertising Market Pivotal For HT&E

Radio advertising markets are now pivotal for HT&E and the environment remains tough in the second half of 2019, although the third quarter could be a nadir.

Aug 16 2019


Window on PHARMACEUTICALS & BIOTECH/LIFESCIENCES

CSL Retains Superior Position In Plasma

A superior position in plasma collections in the US has delivered benefits to CSL in FY19 and, while competitors are gearing up, brokers believe the outlook for FY20 remains firm.

Aug 16 2019


Window on WEALTH MANAGEMENT & INVESTMENTS

Magellan Financial Reflects Lofty Expectations

Magellan Financial has outlined a plan to increasingly use a partnership model to engage directly with retail investors.

Aug 15 2019


FEATURE STORIES

Australian Banks: Worth The Risk?

The skies have cleared a little for Australia’s housing market, and the cash rate is falling. Are bank dividends worth the risk?

Jul 31 2019