FINANCIAL NEWS

Customers Stick To Domino’s Pizza

Domino’s Pizza has ramped up marketing in Europe as well as its digital ordering strategy, with a focus on retaining customers

Dec 01 2020


Rough Time Ahead For Treasury Wine

Can Treasury Wine overcome the loss of a large part of its Chinese market and redirect supply to other regions?

Dec 01 2020


Superloop: Ready To Roll

Michael Gable of Fairmont Equities suggests telco infrastructure company Superloop is set for a retest of its highs.

Dec 01 2020


Australian Broker Call *Extra* Edition – Dec 01, 2020

Extra Edition of the Broker Call Report

Dec 01 2020


Rely On Great Fund Managers

Peter Switzer of the Switzer Report makes the case for smart stock-picking, or handing over to a smart stock picker, to maximise returns.

Dec 01 2020


Macquarie rates CWY as Outperform

Cleanaway Waste Management presented some key aspects of its Western Sydney energy from waste facility, expected to cost circa -$700m and process 500kt of waste. The facility will generate 55MW in power and reduce 390kpta of carbon emissions.

Macquarie likes Cleanaway Waste Management for its long term exposure to a maturing waste management industry landscape. The broker also thinks the company is well placed when it comes to benefiting from the policy tilt towards supporting alternatives to landfill. 

The target is unchanged at $2.55. Outperform retained.

Credit Suisse rates GPT as Downgrade to Neutral from Outperform

Given GPT Group's relatively high exposure to Victoria, Credit Suisse suspects part of its recent rally could be on the back of the re-opening.

No 2020 guidance has been provided although Credit Suisse expects 2021 earnings will be meaningfully stronger without new government-mandated restrictions. Earnings headwinds remain in the retail and CBD office segments for the sector as a whole.

GPT is seeking to raise its weighting to the logistics sector while lowering its exposure to office.

The broker downgrades to Neutral from Outperform in the wake of the rally and raises the target to $4.83 from $4.29.

Morgans rates RED as Add

Morgans revises target prices for gold stocks after a review of the sector.

The broker sees the current decline in gold shares as driven by investor sentiment (regarding vaccines) rather than a change to the underlying fundamentals of the gold producers and their profitablity. Volatility is considered a trading opportunity.

As gold companies report second quarter production and earnings in January, the analyst thinks the strength of cash flows will remind the market of the margins producers are still making.

In the financial model, Morgans moves the base case gold price to US$1,750/oz and the Australian dollar to $0.74.

The broker believes Red 5 remains attractively priced for the large, long life King of the Hills project in Western Australia. The company is finalising project debt financing, and has cash flow from the operating Darlot mining centre.

The Add rating is unchanged and the target price is decreased to $0.41 from $0.52.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

TWE | TREASURY WINE ESTATES LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.59

30 Nov
2020

-0.640

OPEN

$8.20

-6.93%

HIGH

$9.03

19,578,936

LOW

$8.14

TARGET
$9.429 9.8% upside
Franking for last dividend paid out: 100%
MARKET CONSENSUS FORECAST
TWE: 1
Title FY19
Actual
FY20
Actual
FY21
Forecast
FY22
Forecast
EPS (cps) xxx 36.2 35.5 xxx
DPS (cps) xxx 28.0 16.9 xxx
EPS Growth xxx - 36.4% - 2.0% xxx
DPS Growth xxx - 26.3% - 39.7% xxx
PE Ratio xxx N/A 23.7 xxx
Dividend Yield xxx N/A 2.0% xxx
Div Pay Ratio(%) xxx 77.3% 47.6% xxx

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DAILY FINANCIAL NEWS

Customers Stick To Domino’s Pizza

Domino’s Pizza has ramped up marketing in Europe as well as its digital ordering strategy, with a focus on retaining customers

Dec 01 2020 - Australia


Can Treasury Wine overcome the loss of a large part of its Chinese market and redirect supply to other regions?

Dec 01 2020 - Australia


Michael Gable of Fairmont Equities suggests telco infrastructure company Superloop is set for a retest of its highs.

Dec 01 2020 - Technicals


Peter Switzer of the Switzer Report makes the case for smart stock-picking, or handing over to a smart stock picker, to maximise returns.

Dec 01 2020 - FYI


A robust outlook for oil prices is emerging after a volatile and difficult 2020, as high levels of inventory are wound back and producers adjust to the absence of supply investment

Nov 30 2020 - Commodities


The prospects of capital returns from Origin Energy loom as cash levels rise and oil prices rebound. Nevertheless, the company faces challenges in its energy markets

Nov 30 2020 - Australia


RUDI'S VIEWS

Rudi’s View: Same But Different, Different But The Same

Dear time-constraint investor: A shift is happening in financial markets as year-end approaches In this week's Weekly Insights: -Same But…

Nov 26 2020

DAILY MARKET REPORTS

Australian Broker Call *Extra* Edition – Dec 01, 2020

Extra Edition of the Broker Call Report

Dec 01 2020


The Overnight Report: Lock That In

After the best month since the eighties, profit-taking kicked into gear here and on Wall Street. Dow down -271. (Available for non-subscribers after 10am)

Dec 01 2020


Today’s Financial Calendar – 01-12-2020

Significant Scheduled Events For 01 December, 2020

Dec 01 2020


The Monday Report – 30 November 2020

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

Nov 30 2020


Today’s Financial Calendar – 30-11-2020

Significant Scheduled Events For 30 November, 2020

Nov 30 2020


The Overnight Report: Easing Back

The Dow dropped back a bit from 30k last night as expected, while the Nasdaq jumped back to life. Dow down -173. (Available for non-subscribers after 10am)

Nov 26 2020


Today’s Financial Calendar – 26-11-2020

Significant Scheduled Events For 26 November, 2020.

Nov 26 2020


WEEKLY REPORTS

Australian Listed Real Estate Tables – 30-11-2020

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Nov 30 2020

The Wrap: Stretched Banks, Fed Fears & Iron Ore

Weekly Broker Wrap: Bank valuations looking stretched; the federal reserve may need to do more; Chinese scrap recycling threatens iron ore price; Woolworths winning the online war

Nov 30 2020

The Short Report – 26 Nov 2020

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

Nov 26 2020


Can These Fallen Souffles Rise Twice?

The New Criterion’s Tim Boreham picks through some “old world” stocks that have been left behind in today’s world to see if there is value on offer.

Nov 25 2020

Uranium Week: Britain Goes Green With Nuclear 

As the weekly spot price regains some ground, the British Prime Minister reveals nuclear initiatives as part of a plan for a green industrial revolution

Nov 24 2020

Australian Listed Real Estate Tables – 23-11-2020

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Nov 23 2020


Weekly Ratings, Targets, Forecast Changes – 20-11-20

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

Nov 23 2020

Weekly Top Ten News Stories – 20 November 2020

Our top ten news stories from 13 November 2020 to 20 November 2020

Nov 20 2020

Next Week At A Glance – 23-27 Nov 2020

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

Nov 20 2020


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THE MARKETS

    Click item/line to change chart

  • Australia

    01 December 2020   Updated : 20:12   AEDT

    SPI Overnight (Dec)

    6518.00

    -11.00

    -0.17%

    All Ordinaries

    6812.20

    +70.10

    1.04%

    S&P ASX 200

    6588.50

    +70.70

    1.08%

    S&P ASX 300

    6568.90

    +70.60

    1.09%

    Consumer Discretionary

    2931.80

    +48.70

    1.69%

    Consumer Staples

    12499.80

    +126.10

    1.02%

    Energy

    8136.10

    +5.20

    0.06%

    Financials

    5523.70

    +57.10

    1.04%

    Health Care

    44434.80

    +451.70

    1.03%

    Industrials

    6196.40

    +38.20

    0.62%

    Info Technology

    2047.90

    +38.50

    1.92%

    Materials

    14591.70

    +190.10

    1.32%

    Telecommunication

    1283.40

    +6.40

    0.50%

    Utilities

    6929.80

    +62.30

    0.91%

  • Asia

    01 December 2020   Updated : 20:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    26787.54

    +353.92

    1.34%

    Hang Seng

    26567.68

    +226.19

    0.86%

    Click item/line to change chart

  • Australasia

    01 December 2020   Updated : 20:12   AEDT

    AUD/USD

    0.7359

    0.00

    -0.19%

    AUD/NZD

    1.0451

    0.00

    -0.42%

    NZD/USD

    0.7041

    +0.00

    0.23%

    AUD/JPY

    76.74

    -0.17

    -0.22%

    SGD/AUD

    1.01

    0.00

    -0.03%

    AUD/EUR

    0.6145

    0.00

    -0.18%

    AUD/GBP

    0.5496

    0.00

    -0.70%

    AUDCAD

    0.9534

    0.00

    -0.39%

  • World

    01 December 2020   Updated : 20:12   AEDT

    CAD/USD

    0.7720

    +0.00

    0.23%

    EUR/JPY

    124.88

    -0.07

    -0.06%

    EUR/USD

    1.1977

    0.00

    0.00%

    GBP/USD

    1.3387

    +0.01

    0.47%

    USD/JPY

    104.27

    -0.06

    -0.05%

    Click item/line to change chart

  • World

    01 December 2020   Updated : 20:12   AEDT

    FTSE100

    6369.65

    +103.46

    1.65%

    DAX30

    13415.72

    +124.56

    0.94%

    DJIA

    29638.64

    -271.73

    -0.91%

    S&P500

    3621.63

    -16.72

    -0.46%

    Nasdaq Comp

    12198.74

    -7.11

    -0.06%

    S&P500 VIX

    20.12

    -0.72

    -3.45%

    US 10-year yield

    0.844

    +0.002

    0.240%

    USD Index

    91.95

    +0.16

    0.17%

  • Aus Stocks

    01 December 2020   Updated : 20:12   AEDT

    BHP (UK)

    1740.40

    +41.80

    2.46%

    Rio (UK)

    4926.00

    +92.00

    1.90%

    BHP (US)

    55.79

    -1.47

    -2.57%

    Rio (US)

    64.97

    -1.08

    -1.64%

    ResMed (US)

    209.60

    -0.04

    -0.02%

    South32 (UK)

    132.46

    +0.34

    0.26%

    James Hardie (US)

    29.46

    +0.18

    0.61%

    Telstra (US)

    11.25

    -0.23

    -2.00%

    Janus Henderson (US)

    28.53

    -0.72

    -2.46%

    Westpac (US)

    14.74

    -0.36

    -2.38%

    Newcrest (CA)

    25.02

    0.00

    0.00%

    Click item/line to change chart

  • Spot Metals & Minerals

    01 December 2020   Updated : 07:31   AEDT

    Gold (oz)

    1778.70

    -9.00

    -0.50%

    Silver (oz)

    22.63

    -0.07

    -0.31%

    Copper (lb)

    3.4818

    +0.11

    3.19%

    Aluminium (lb)

    0.9036

    +0.00

    0.41%

    Lead (lb)

    0.9364

    +0.02

    2.24%

    Nickel (lb)

    7.3208

    -0.06

    -0.85%

    Zinc (lb)

    1.2571

    +0.00

    0.24%

    Copper (t)

    7676.00

    +237.00

    3.19%

    Aluminium (t)

    1992.00

    +8.00

    0.40%

    Lead (t)

    2064.00

    +45.00

    2.23%

    Nickel (t)

    16140.00

    -138.00

    -0.85%

    Zinc (t)

    2771.00

    +7.00

    0.25%

    Uranium (lb) weekly

    29.75

    +0.40

    1.36%

  • Commodities Futures

    01 December 2020   Updated : 07:31   AEDT

    West Texas Crude

    45.51

    -0.02

    -0.04%

    Brent Crude

    47.59

    -0.59

    -1.22%

    Iron Ore (t)

    132.30

    +1.35

    1.03%

CALENDAR

Wednesday, 2 December 2020
NZ terms of trade, Q3
AU GDP, Q3
AU RBA governor testimony to parliament
EZ unemployment, Oct
US ADP private sector unemployment, Nov
US Fed Beige Book
Thursday, 3 December 2020
NZ building permits, Oct
AU housing finance, Oct
AU trade balance, Oct
EZ retail sales, Oct
XX global services PMIs, Nov
FPH ex-div 16c (0%)

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$18.13

CSL CSL LIMITED

$299.75

REA REA GROUP LIMITED

$144.75

RMD RESMED INC

$28.54

TNE TECHNOLOGYONE LIMITED

$9.28

WEEKLY PDF

Stories To Read From FNArena


WEEK 47

WEEK 46

WEEK 45

WEEK 44

WEEK 43

FNARENA TALKS

FNARENA WINDOWS

Window on FOOD, BEVERAGES & TOBACCO

Customers Stick To Domino’s Pizza

Domino’s Pizza has ramped up marketing in Europe as well as its digital ordering strategy, with a focus on retaining customers

Dec 01 2020


Window on FOOD, BEVERAGES & TOBACCO

Rough Time Ahead For Treasury Wine

Can Treasury Wine overcome the loss of a large part of its Chinese market and redirect supply to other regions?

Dec 01 2020


Window on TELECOMMUNICATION

Superloop: Ready To Roll

Michael Gable of Fairmont Equities suggests telco infrastructure company Superloop is set for a retest of its highs.

Dec 01 2020


FEATURE STORIES

Life After Covid, Part V

FNArena’s Life After Covid series wraps with a look at industry trends, geopolitical challenges and problems the Australian economy alone will have to face

Nov 20 2020