FINANCIAL NEWS
Treasure Chest: Might QBE Not Disappoint This Time?
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi upgrades QBE Insurance to Buy amidst much discussion of restructuring and the need to address reinsurance in January.
Jul 20 2018
Next Week At A Glance
A brief look at important company events and economic data releases next week.
Jul 20 2018
Last Hurrah For Wall Street?
Kathleen Brooks of Capital Index notes concentration of leadership suggests the US rally is late-cycle, but is that the case?
Jul 20 2018
The Wrap: Supermarkets, Oz Economy & Media
Weekly Broker Wrap: supermarkets; tourism; Oz economy; health insurance; media; and infant formula.
Jul 20 2018
Morgans rates CMA as Add
Centuria Metropolitan has revalued its portfolio, resulting in a lift of 3.6% to $930.5m, mainly from NSW assets. Morgans believes the stock offers an attractive FY19 distribution yield of around 7.5%, underpinned by 96% of rental income having fixed annual increases of 3.6%.
Near-term catalysts are expected to be leasing outcomes and accretive acquisitions. The company reports its FY18 result on August 21. Add rating maintained. Target is raised to $2.59 from $2.55.
Macquarie rates S32 as Outperform
June quarter production was strong and output of all key commodities was ahead of Macquarie's expectations, with the exception of alumina.
The recovery of two of the problem assets, Illawarra and Cannington, was encouraging and the broker considers the stock cheap on earnings multiples, with material upside risk to base case forecasts at spot prices. Outperform rating and $4.10 target.
Citi rates TCL as Sell
The ACCC has delayed its decision date on whether Transurban is allowed to participate in the Westconnex tender until September 6 and Citi analysts reiterate their view that a negative call will put pressure on Transurban's trading multiples.
Sell rating retained, alongside a price target of $10.52, unchanged, with the additional insight there is currently no value ascribed for potential Westconnex success.
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ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
STO | SANTOS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$6.21 20 Jul |
OPEN $6.14 |
HIGH $6.21 |
3,779,431 LOW $6.11 |
0.150| TARGET | |||
| $5.748 -7.4% downside | |||
| Franking for last dividend paid out: 100% |
| Title | FY18 Forecast |
FY19 Forecast |
|---|---|---|
| EPS (cps) | 34.6 | 38.4 |
| DPS (cps) | 6.7 | 9.5 |
| EPS Growth | N/A | 10.8% |
| DPS Growth | N/A | 41.3% |
| PE Ratio | 17.9 | 16.2 |
| Dividend Yield | 1.1% | 1.5% |
| Div Pay Ratio(%) | 19.4% | 24.8% |
DAILY FINANCIAL NEWS
Treasure Chest: Might QBE Not Disappoint This Time?
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi upgrades QBE Insurance to Buy amidst much discussion of restructuring and the need to address reinsurance in January.
Jul 20 2018 - Treasure Chest
Kathleen Brooks of Capital Index notes concentration of leadership suggests the US rally is late-cycle, but is that the case?
Jul 20 2018 - International
NRW Holdings has won the first of several earthmoving contracts expected from the re-investment in iron ore in Western Australia and brokers suggest the stock is a good way to play the cycle.
Jul 19 2018 - Small Caps
A glance through the latest expert views and predictions about commodities. Energy stocks; metallurgical coal; and oil.
Jul 19 2018 - Commodities
The RBA suggests the next move in rates will be up, just not yet, given an economy growing at above-trend. For different reasons, economists disagree.
Jul 18 2018 - Australia
Galaxy Resources posted an improvement in June quarter production and a further financing deal for Sal de Vida could be the next catalyst.
Jul 18 2018 - Australia
RUDI'S VIEWS
Rudi’s View: Telstra, BHP And Netwealth
In this week's Weekly Insights (this is Part Two): -Is 'Value' Investing Now Dead? -Conviction Calls -All-Weather Stocks: Bell Potter…
Jul 19 2018
DAILY MARKET REPORTS
The Overnight Report: Off The Boil
A session featuring some disappointing corporate guidance saw Wall Street ease off last night, as the president once again took the spotlight. Dow down -134.
Jul 20 2018
The Overnight Report: Grinding Higher
Banks again helped Wall Street higher but it was the transports which stole the show with solid beats. Dow up 79.
Jul 19 2018
The Overnight Report: Just A Glitch
Selling in Netflix and Amazon was forgotten last night as the Nasdaq rebounded to a new record close. Dow up 55.
Jul 18 2018
The Overnight Report: Banks And Oil
Wall Street closed relatively flat as strong bank earnings were offset by a plunge in the oil price and energy stocks. Dow up 44.
Jul 17 2018
WEEKLY REPORTS
Next Week At A Glance
A brief look at important company events and economic data releases next week.
Jul 20 2018
The Wrap: Supermarkets, Oz Economy & Media
Weekly Broker Wrap: supermarkets; tourism; Oz economy; health insurance; media; and infant formula.
Jul 20 2018
The Short Report
FNArena’s weekly update on short positions in the Australian share market.
Jul 19 2018
Australian Corporate Bond Price Tables
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
Jul 19 2018
Share Buybacks – Who’s Doing It?
Weekly Update on ASX-listed companies buying in their own stock.
Jul 18 2018
Uranium Week: Japan Moves Forward
Japanese government approval of a 2030 energy mix target implies acceleration of reactor restarts and/or new reactor builds.
Jul 17 2018
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.
Jul 16 2018
Weekly Ratings, Targets, Forecast Changes
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Jul 16 2018
THE MARKETS
-
Asia
21 July 2018 Updated : 09:42 AEDT
NZ50
0.000
0.000
0.000%
Nikkei 225
22697.88
-66.80
-0.29%
Hang Seng
28224.48
+213.62
0.76%
-
World
21 July 2018 Updated : 09:42 AEDT
CAD/USD
0.7600
+0.00
0.58%
EUR/JPY
130.70
-0.31
-0.23%
EUR/USD
1.1730
+0.01
0.66%
GBP/USD
1.3133
+0.01
0.92%
USD/JPY
111.42
-1.02
-0.91%
-
Aus Stocks
21 July 2018 Updated : 09:42 AEDT
BHP (UK)
1613.40
-24.40
-1.49%
Rio (UK)
4087.00
+16.00
0.39%
BHP (US)
48.48
+0.01
0.02%
Rio (US)
53.84
+0.21
0.39%
ResMed (US)
109.33
+0.52
0.48%
South32 (UK)
198.60
-7.20
-3.50%
James Hardie (US)
16.62
+0.16
0.97%
Telstra (US)
10.33
+0.16
1.57%
Westpac (US)
22.17
+0.30
1.37%
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CALENDAR
Monday, 23 July 2018
US existing home sales, Jun KAT ex-div 1c Tuesday, 24 July 2018
JP flash mfg PMI, Jul EZ flash mfg PMI, Jul US FHFA house price index, May US flash mfg PMI, Jul ALX traffic stats, Q2 ILU quarterly production report VVR ex-div 6.99c Wednesday, 25 July 2018
NZ business confidence, Jul NZ trade balance, Jun ALL WEATHER STOCKS
Code Company Price AMC AMCOR LIMITED 
$14.66
ARB ARB CORPORATION LIMITED
$22.01
CSL CSL LIMITED
$203.20
REA REA GROUP LIMITED 
$89.50
RMD RESMED INC
$14.87
WEEKLY PDF
Stories To Read From FNArena
WEEK 29
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FNARENA TALKS
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FNARENA WINDOWS
Window on INSURANCE
Treasure Chest: Might QBE Not Disappoint This Time?
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi upgrades QBE Insurance to Buy amidst much discussion of restructuring and the need to address reinsurance in January.
Jul 20 2018
Window on MINING SECTOR CONTRACTING
NRW Holdings Kicks Off With Iron Ore Win
NRW Holdings has won the first of several earthmoving contracts expected from the re-investment in iron ore in Western Australia and brokers suggest the stock is a good way to play the cycle.
Jul 19 2018
Window on COMMODITIES
Material Matters: Energy Stocks, Coal & Oil
A glance through the latest expert views and predictions about commodities. Energy stocks; metallurgical coal; and oil.
Jul 19 2018
SMSFUNDAMENTALS
SMSFundamentals: Women Fall Short On Super
Women are working for longer but compared to men, are looking at a lot less super on retirement.
Jul 09 2018