FINANCIAL NEWS
Material Matters: Metals, Aluminium & Coal
A glance through the latest expert views and predictions about commodities. Base, precious metals; aluminium; and thermal coal.
3:04 PM
Confidence In Sims Metal Takes A Hit
Confidence in Sims Metal has taken a hit, brokers suggest, after the company downgraded guidance for first quarter earnings less than a month after reiterating it at investor briefings.
1:04 PM
Upside Trend For Seven Group
Michael Gable of Fairmont Equities suggests any dip in the share price of Seven Group Holdings is a buying opportunity.
11:14 AM
Buffett Was Wrong!
Peter Switzer of the Switzer Super Report explains why he disagrees with Warren Buffett’s assertion that diversification is for wimps.
10:28 AM
Uranium Week: Another One Bites The Dust
America’s oldest nuclear reactor shut down last week. Meanwhile, the spot uranium price continues to rise.
10:00 AM
Deutsche Bank rates BKW as Buy
FY18 underlying net profit was ahead of expectations. Management has indicated residential activity is likely to decline in major east coast markets while energy prices will significantly affect earnings. A solid contribution from land and development is expected.
Deutsche Bank maintains a Buy rating and $18.40 target.
Macquarie rates BPT as Underperform
Macquarie believes the market is underestimating the amount of capital expenditure required to sustain and grow production and expects the upcoming investor briefing to shed more light on commitments.
The broker is positive on the free cash flow to be generated over the next four years but considers the share price expensive at current levels.
Underperform rating and $1.75 target maintained.
Morgans rates REA as Add
Despite a slowing residential property market, Morgans has calculated that the company is continuing to grow volume in paid depth ads. The broker expects REA Group to sail through the current slump in residential property markets and meet expectations for the first half.
Add rating and $95.21 target maintained.
Click here to see full report 
ANALYSIS & DATA
MARKET CONSENSUS FORECAST
To display the stock analysis for a company please enter the company code:
SGM | SIMS METAL MANAGEMENT LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$11.87 25 Sep |
OPEN $11.90 |
HIGH $12.01 |
3,310,563 LOW $11.69 |
0.050| TARGET | |||
| $14.475 21.9% upside | |||
| Franking for last dividend paid out: 100% |
| Title | FY17 Actual |
FY18 Actual |
FY19 Forecast |
FY20 Forecast |
|---|---|---|---|---|
| EPS (cps) | 103.0 | 108.2 | 98.8 | 109.4 |
| DPS (cps) | 40.0 | 53.0 | 49.1 | 54.9 |
| EPS Growth | N/A | 5.0% | - 8.7% | 10.7% |
| DPS Growth | 81.8% | 32.5% | - 7.4% | 11.9% |
| PE Ratio | N/A | N/A | 12.0 | 10.8 |
| Dividend Yield | N/A | N/A | 4.1% | 4.6% |
| Div Pay Ratio(%) | 38.8% | 49.0% | 49.7% | 50.2% |
DAILY FINANCIAL NEWS
Material Matters: Metals, Aluminium & Coal
A glance through the latest expert views and predictions about commodities. Base, precious metals; aluminium; and thermal coal.
3:04 PM - Commodities
Confidence in Sims Metal has taken a hit, brokers suggest, after the company downgraded guidance for first quarter earnings less than a month after reiterating it at investor briefings.
1:04 PM - Australia
Michael Gable of Fairmont Equities suggests any dip in the share price of Seven Group Holdings is a buying opportunity.
11:14 AM - Technicals
Peter Switzer of the Switzer Super Report explains why he disagrees with Warren Buffett’s assertion that diversification is for wimps.
10:28 AM - FYI
Having balanced the oil market since deciding to withhold barrels in January 2017, OPEC and cohorts are now faced with an opposing dilemma, increasing output enough to cover expected shortages over the next few months.
Sep 24 2018 - Commodities
Market fundamentals remain strong for Brickworks but tighter credit has emerged to dent the housing outlook, particularly in NSW and Queensland.
Sep 24 2018 - Australia
RUDI'S VIEWS
Rudi’s View: IOOF, Amcor And Japara Healthcare
In this week's Weekly Insights (this is Part Two): -It's Different This Time, Not A Bubble –August Reporting Season: The…
Sep 20 2018
DAILY MARKET REPORTS
The Overnight Report: News From The Front
Trade relations between the US and China have deteriorated further, suggesting the war will not be over by Christmas as hoped. Dow down -181.
9:12 AM
The Monday Report
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Sep 24 2018
The Overnight Report: And We’re Back
Last night the Dow hit a new all-time high for the first time since January, up 251.
Sep 21 2018
The Overnight Report: Kicking On
The big industrials were again sought after on Wall Street last night but this time the banks also joined in. Dow up 158.
Sep 20 2018
WEEKLY REPORTS
Uranium Week: Another One Bites The Dust
America’s oldest nuclear reactor shut down last week. Meanwhile, the spot uranium price continues to rise.
10:00 AM
Australian Corporate Bond Price Tables
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
Sep 24 2018
Weekly Ratings, Targets, Forecast Changes
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
Sep 24 2018
Weekly Top Ten News Stories
Our top ten news stories from 13 September 2018 to 20 September 2018
Sep 21 2018
Next Week At A Glance
A brief look at important company events and economic data releases next week.
Sep 21 2018
The Wrap: Banks, Accounting & Oz Dollar
Weekly Broker Wrap: banks; infant formula; accounting software; Australian dollar; and Oventus Medical.
Sep 21 2018
The Short Report
FNArena’s weekly update on short positions in the Australian share market.
Sep 20 2018
Australian Corporate Bond Price Tables
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
Sep 20 2018
Share Buybacks – Who’s Doing It?
Weekly Update on ASX-listed companies buying in their own stock.
Sep 19 2018
THE MARKETS
-
Asia
25 September 2018 Updated : 16:12 AEDT
NZ50
9345.960
+8.450
0.090%
Nikkei 225
23925.57
+55.64
0.23%
Hang Seng
27499.39
-454.19
-1.62%
-
World
25 September 2018 Updated : 16:12 AEDT
CAD/USD
0.7715
0.00
-0.17%
EUR/JPY
132.59
-0.06
-0.04%
EUR/USD
1.1747
0.00
-0.22%
GBP/USD
1.3106
0.00
-0.18%
USD/JPY
112.88
+0.21
0.19%
-
Aus Stocks
25 September 2018 Updated : 16:12 AEDT
BHP (UK)
1671.20
0.00
0.00%
Rio (UK)
3909.00
0.00
0.00%
BHP (US)
49.19
-0.03
-0.06%
Rio (US)
51.48
-0.09
-0.17%
ResMed (US)
113.99
+0.18
0.16%
South32 (UK)
212.40
0.00
0.00%
James Hardie (US)
15.15
-0.18
-1.17%
Telstra (US)
11.43
-
-
Westpac (US)
20.42
-0.06
-0.29%
Click item/line to change chart
Click item/line to change chart
CALENDAR
Tuesday, 25 September 2018
JP minutes of BoJ meeting US Case-Shiller house price index, Jul US Conference Board consumer confidence, Sep US FHFA house price index, Jul US Richmond Fed mfg index, Sep BWR ex-div 5c GDG ex-div 1c RND ex-div 125c TBR ex-div 350c WPP ex-div 2.3c Wednesday, 26 September 2018
NZ trade balance, Aug US durable goods orders, Aug ALL WEATHER STOCKS
Code Company Price AMC AMCOR LIMITED 
$13.64
ARB ARB CORPORATION LIMITED 
$19.45
CSL CSL LIMITED
$205.17
REA REA GROUP LIMITED
$85.91
RMD RESMED INC
$15.73
WEEKLY PDF
Stories To Read From FNArena
WEEK 38
WEEK 37
WEEK 36
WEEK 35
WEEK 34
FNARENA TALKS
-
Click item/line to change chart
-
Click item/line to change chart
FNARENA WINDOWS
Window on MINING
Material Matters: Metals, Aluminium & Coal
A glance through the latest expert views and predictions about commodities. Base, precious metals; aluminium; and thermal coal.
3:04 PM
Window on STEEL & SCRAP
Confidence In Sims Metal Takes A Hit
Confidence in Sims Metal has taken a hit, brokers suggest, after the company downgraded guidance for first quarter earnings less than a month after reiterating it at investor briefings.
1:04 PM
Window on DIVERSIFIED FINANCIALS
Upside Trend For Seven Group
Michael Gable of Fairmont Equities suggests any dip in the share price of Seven Group Holdings is a buying opportunity.
11:14 AM
SMSFUNDAMENTALS
SMSFundamentals: How We Delude Ourselves
Cuffelinks’ Graham Hand makes note of a common error made by investors in assessing their returns.
Sep 14 2018