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.

Click here to see full report

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
2021

-0.370

OPEN

$2.91

-12.63%

HIGH

$2.99

1,996,787

LOW

$2.50

TARGET
$3.675 43.6% upside
Franking for last dividend paid out: 65%
FNARENA'S MARKET CONSENSUS FORECASTS
PGH: 1
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

RUDI ON TWITTER

FIND US ON
Facebooktwitter

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


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


RUDI ON TWITTER

FIND US ON
Facebooktwitter

THE MARKETS

    Click item/line to change chart

  • Australia

    30 November 2021   Updated : 20:12   AEDT

    SPI Overnight

    7255.00

    +41.00

    0.57%

    All Ordinaries

    7587.40

    +24.90

    0.33%

    S&P ASX 200

    7256.00

    +16.20

    0.22%

    S&P ASX 300

    7271.90

    +19.90

    0.27%

    Consumer Discretionary

    3493.90

    -27.50

    -0.78%

    Consumer Staples

    13882.90

    +103.00

    0.75%

    Energy

    7723.20

    0.00

    0.00%

    Financials

    6269.00

    +1.80

    0.03%

    Health Care

    46299.60

    -65.40

    -0.14%

    Industrials

    6415.60

    +26.80

    0.42%

    Info Technology

    2258.60

    +15.90

    0.71%

    Materials

    15728.90

    +52.10

    0.33%

    Telecommunication

    1617.10

    +29.20

    1.84%

    Utilities

    6262.30

    -74.00

    -1.17%

  • 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%

    Click item/line to change chart

  • Australasia

    30 November 2021   Updated : 20:12   AEDT

    AUD/USD

    0.7111

    0.00

    -0.50%

    AUD/NZD

    1.0449

    0.00

    -0.10%

    NZD/USD

    0.6806

    0.00

    -0.38%

    AUD/JPY

    80.24

    -0.81

    -1.01%

    SGD/AUD

    1.03

    +0.01

    0.53%

    AUD/EUR

    0.6263

    -0.01

    -1.18%

    AUD/GBP

    0.5324

    0.00

    -0.60%

    AUDCAD

    0.9108

    0.00

    -0.01%

  • 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%

    Click item/line to change chart

  • World

    30 November 2021   Updated : 20:12   AEDT

    FTSE100

    7005.82

    -104.13

    -1.46%

    DAX30

    15100.66

    -180.20

    -1.18%

    DJIA

    35135.94

    +236.60

    0.68%

    S&P500

    4655.27

    +60.65

    1.32%

    Nasdaq Comp

    15782.83

    +291.18

    1.88%

    S&P500 VIX

    26.55

    -2.07

    -7.23%

    US 10-year yield

    1.530

    +0.048

    3.240%

    USD Index

    96.27

    +0.18

    0.19%

  • 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%

    Click item/line to change chart

  • Spot Metals & Minerals

    30 November 2021   Updated : 07:38   AEDT

    Gold (oz)

    1784.10

    -7.70

    -0.43%

    Silver (oz)

    22.82

    -0.27

    -1.17%

    Copper (lb)

    4.3940

    +0.06

    1.41%

    Aluminium (lb)

    1.2069

    +0.02

    2.11%

    Lead (lb)

    1.0560

    +0.02

    1.92%

    Nickel (lb)

    9.2651

    +0.12

    1.28%

    Zinc (lb)

    1.5132

    +0.01

    0.72%

    Copper (t)

    9687.00

    +135.00

    1.41%

    Aluminium (t)

    2661.00

    +55.00

    2.11%

    Lead (t)

    2328.00

    +44.00

    1.93%

    Nickel (t)

    20426.00

    +258.00

    1.28%

    Zinc (t)

    3336.00

    +24.00

    0.72%

    Uranium (lb) weekly

    47.00

    +0.75

    1.62%

  • Commodities Futures

    30 November 2021   Updated : 07:38   AEDT

    West Texas Crude

    69.14

    +0.99

    1.45%

    Brent Crude

    72.82

    +0.10

    0.14%

    Iron Ore (t)

    99.95

    +3.30

    3.41%

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

Stories To Read From FNArena


WEEK 48

WEEK 47

WEEK 46

WEEK 45

WEEK 44

FNARENA TALKS

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


FEATURE STORIES

Australian Banks: Worse Before Things Get Better

Analysts agree FY22 will be another tough year for bank margins before sentiment begins to improve and the RBA eventually raises rates

Nov 24 2021