FINANCIAL NEWS
ESG Focus: COP26 Hands Transition To Big Capital
COP26 may have appeared a fizzer to many observers but the outcomes point to another reality – big capital has got this one – and it’s a whopper
Nov 30 2021
Uranium Week: Clean And Green?
A Canadian power company has issued the first nuclear “green” bond but ESG investors are in two minds regarding nuclear power’s true “green” credentials
Nov 30 2021
Bapcor: Reversal Sign
Michael Gable of Fairmont Equities notes aftermarket car parts specialist Bapcor has found support and is building to a buy signal
Nov 30 2021
Select Harvests Awaits Almond Prices Recovery
While a recent fall in almond prices prompts brokers to lower earnings forecasts for Select Harvests, the medium-term expectation is for a rebound in prices
Nov 30 2021
Australian Broker Call *Extra* Edition – Nov 30, 2021
Extra Edition of the Broker Call Report
Nov 30 2021
Credit Suisse rates ANZ as Neutral
Credit Suisse feels the capital certainty is a positive for the banking sector, after APRA released its final capital adequacy and credit risk capital requirements for deposit-taking institutions.
Compared to the 2020 consultation, capital standards have been slightly watered down with ‘unquestionably strong’ to be set in
regulation at 10.25% for the major banks, explains the broker. However, APRA’s expectation is that that banks hold a buffer around 11%.
The high risk mortgage definition was also narrowed to interest only and a loan-to-value ratio (LVR) of greater than 80%. The Neutral rating and target price of $28.50 for ANZ Bank are retained.
Morgan Stanley rates MIN as Underweight
Morgan Stanley sees the risk implied by Mineral Resources' agreement with Hancock Prospecting and Roy Hill Holdings to consider a new port facility at Port Hedland as skewed to the negative.
If agreed upon and approved by the state government it could reduce Mineral Resources' capex spend on the project but also reduce the revenue from two out of every three mining tonnes. And additional tonnes to the market should be negative for the iron ore price.
More detail is required and in the meantime the broker retains Underweight and a $38.70 target. Industry view: In-Line.
UBS rates SVW as Buy
UBS sees Seven Group Holdings as a beneficiary of a potential boom in adjusted nominal capex growth in 2022, as indicated by the recent ABS capex intentions survey.
The target rises to $27.15 from $26.25 after marking-to-market listed investments and making minor EPS upgrades, explains the broker. The analyst feels the only hurdle for intentions may be labour mobility and availablity, though this may ultimaltely extend the cycle.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
PGH | PACT GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$2.56 29 Nov |
OPEN $2.91 |
HIGH $2.99 |
1,996,787 LOW $2.50 |
-0.370| TARGET | |||
| $3.675 43.6% upside | |||
| Franking for last dividend paid out: 65% |
| Title | FY20 Actual |
FY21 Actual |
FY22 Forecast |
FY23 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 25.5 | 24.6 | xxx |
| DPS (cps) | xxx | 11.0 | 10.6 | xxx |
| EPS Growth | xxx | - 1.5% | - 3.3% | xxx |
| DPS Growth | xxx | 100.0% | - 3.6% | xxx |
| PE Ratio | xxx | N/A | 10.8 | xxx |
| Dividend Yield | xxx | N/A | 4.0% | xxx |
| Div Pay Ratio(%) | xxx | 43.2% | 43.1% | xxx |
DAILY FINANCIAL NEWS
ESG Focus: COP26 Hands Transition To Big Capital
COP26 may have appeared a fizzer to many observers but the outcomes point to another reality – big capital has got this one – and it’s a whopper
Nov 30 2021 - ESG Focus
Michael Gable of Fairmont Equities notes aftermarket car parts specialist Bapcor has found support and is building to a buy signal
Nov 30 2021 - Technicals
While a recent fall in almond prices prompts brokers to lower earnings forecasts for Select Harvests, the medium-term expectation is for a rebound in prices
Nov 30 2021 - Australia
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
Nov 29 2021 - Australia
TechnologyOne has set its sights on an end goal for its software as a service transition, with some big goals to follow
Nov 29 2021 - Australia
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Universal Store Holdings from Morgans
Nov 29 2021 - Treasure Chest
PR NEWSWIRE
Pepperstone Group is pleased to announce their pledge to be Carbon Neutral by FY23
Nov 30 2021 - PR NewsWire
Mayne Pharma and Mithra Announce TGA Approval of NEXTSTELLIS® Oral Contraceptive
Nov 30 2021 - PR NewsWire
Q-Sera enters exclusive agreement with Terumo Corporation for RAPClot™ rapid serum blood collection tube technology in Japan
Nov 30 2021 - PR NewsWire
Truck-Lite Parent Clarience Technologies Acquires Australian-based LED Autolamps
Nov 30 2021 - PR NewsWire
GBM AGILE Opens to Paxalisib in Canada
Nov 30 2021 - PR NewsWire
CRRC and the University of Queensland Establish CRRC Merit Scholarship to Support Students of Faculty of Engineering
Nov 29 2021 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: The Secret Ingredient
In this week's Weekly Insights: -The Secret Ingredient-Conviction Calls-Research To Download-All-Weather Model Portfolio By Rudi Filapek-Vandyck, Editor FNArena The Secret…
Nov 25 2021
DAILY MARKET REPORTS
Australian Broker Call *Extra* Edition – Nov 30, 2021
Extra Edition of the Broker Call Report
Nov 30 2021
The Overnight Report: As Expected
Wall Street bounced back last night from Friday’s illiquid, knee-jerk session, led by the mega-caps as always. Dow up 236. (Available for non-subscribers after 10am)
Nov 30 2021
Today’s Financial Calendar – 30-11-2021
Significant Scheduled Events For 30 November, 2021
Nov 30 2021
The Monday Report – 29 November 2021
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
Nov 29 2021
Today’s Financial Calendar – 29-11-2021
Significant Scheduled Events For 29 November, 2021
Nov 29 2021
Australian Broker Call *Extra* Edition – Nov 26, 2021
Extra Edition of the Broker Call Report
Nov 26 2021
The Overnight Report: Thanks
Wall Street was closed last night keeping markets quiet, although base metal prices saw positive moves. (Available for non-subscribers after 10am)
Nov 26 2021
WEEKLY REPORTS
Uranium Week: Clean And Green?
A Canadian power company has issued the first nuclear “green” bond but ESG investors are in two minds regarding nuclear power’s true “green” credentials
Nov 30 2021
Australian Listed Real Estate Tables – 29-11-2021
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Nov 29 2021
Weekly Ratings, Targets, Forecast Changes – 26-11-21
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Nov 29 2021
Weekly Top Ten News Stories – 26 November 2021
Our top ten news stories from 18 November 2021 to 25 November 2021
Nov 26 2021
Next Week At A Glance – Nov 29-Dec 3, 2021
A brief look at important company events and economic data releases next week
Nov 26 2021
In Brief: Shares Can Outrun Inflation, E-Commerce, China, Mortgages & REITs
Weekly Broker Wrap, In Brief: Shares can outrun inflation; e-commerce; China; mortgage stress and REITs
Nov 26 2021
The Short Report – 25 Nov 2021
FNArena’s weekly update on short positions in the Australian share market
Nov 25 2021
Silver Investors Should Be So Lucky
The New Criterion’s Tim Boreham sings the praises of gold’s little sister, silver
Nov 23 2021
Uranium Week: US Infrastructure Bill Passed
As the spot uranium price stayed relatively flat last week, support for the nuclear industry comes from one of the largest infrastructure packages in US history
Nov 23 2021
THE MARKETS
-
Asia
30 November 2021 Updated : 20:12 AEDT
NZ50
9214.870
-42.310
-0.460%
Nikkei 225
27821.76
-462.16
-1.63%
Hang Seng
23475.26
-376.98
-1.58%
-
World
30 November 2021 Updated : 20:12 AEDT
CAD/USD
0.7807
0.00
-0.51%
EUR/JPY
128.08
+0.21
0.16%
EUR/USD
1.1354
+0.01
0.68%
GBP/USD
1.3355
+0.00
0.07%
USD/JPY
112.81
-0.60
-0.53%
-
Aus Stocks
30 November 2021 Updated : 20:12 AEDT
BHP (UK)
2001.50
-17.50
-0.87%
Rio (UK)
4556.00
-65.50
-1.42%
BHP (US)
55.96
+1.51
2.77%
Rio (US)
62.94
+0.61
0.98%
ResMed (US)
256.92
+5.71
2.27%
South32 (UK)
186.94
-2.06
-1.09%
James Hardie (US)
39.49
+0.95
2.46%
Telstra (US)
14.27
-0.05
-0.35%
Janus Henderson (US)
44.77
+0.04
0.09%
Westpac (US)
14.87
-0.03
-0.20%
Newcrest (CA)
22.70
+0.32
1.43%
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CALENDAR
Wednesday, 1 December 2021
NZ building permits, Oct AU GDP, Q3 AU house prices, Nov US ADP private sector unemployment, Nov US Fed Beige Book XX global manufacturing PMIs, Nov ALL ex-div 26c (100%) IPL ex-div 8.3c (14%) UMG ex-div 3.5c (0%) Thursday, 2 December 2021
AU housing finance, Oct AU trade balance, Oct (final) EZ unemployment, Oct ALL WEATHER STOCKS
Code Company Price COL COLES GROUP LIMITED 
$18.02
CSL CSL LIMITED
$306.79
REA REA GROUP LIMITED 
$162.39
RMD RESMED INC
$36.28
TNE TECHNOLOGY ONE LIMITED
$12.36
WEEKLY PDF
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FNARENA TALKS
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FNARENA WINDOWS
Window on URANIUM
Uranium Week: Clean And Green?
A Canadian power company has issued the first nuclear “green” bond but ESG investors are in two minds regarding nuclear power’s true “green” credentials
Nov 30 2021
Window on AUTOMOBILES & COMPONENTS
Bapcor: Reversal Sign
Michael Gable of Fairmont Equities notes aftermarket car parts specialist Bapcor has found support and is building to a buy signal
Nov 30 2021
Window on AGRICULTURE
Select Harvests Awaits Almond Prices Recovery
While a recent fall in almond prices prompts brokers to lower earnings forecasts for Select Harvests, the medium-term expectation is for a rebound in prices
Nov 30 2021
SMSFUNDAMENTALS
SMSFundamentals: Super-Sized – Observations From A Private Investor
SMSFundamentals is an ongoing feature series dedicated to providing SMSF trustees with valuable news, investment ideas and services, in line…
Nov 24 2021