FINANCIAL NEWS

Divestment Of SAEC Critical For South32

South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.

Oct 20 2020


Record Customer Receipts Highlight Netlinkz Growth In China

SPONSORED: Netlinkz Limited today reported record receipts from customers for the quarter ended 30 September 2020

Oct 20 2020


FNArena Book Review: Good To Great

Good To Great by Jim Collins, first published in 2001, still contains plenty of valuable insights for today’s investor looking for that special kind of corporate breed

Oct 20 2020


Three Favourite Stocks On A One-Year Outlook

Peter Switzer of the Switzer Report selects three stocks he’d like to be invested in for the year ahead.

Oct 20 2020


Uptrend Ongoing For Kogan

Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.

Oct 20 2020


Macquarie rates AMI as Outperform

Better grades pushed production up 43% in the September quarter for Aurelia Metals while costs were lower than Macquarie estimated. FY21 guidance has been maintained at 80-90,000 ounces.

The next catalyst is confirmation and extension of gold zones at Federation. The broker maintains an Outperform rating and $0.65 target.

Morgan Stanley rates BLD as Equal-weight

Boral's future strategic direction under the new MD (Zlatko Todorcevski) is the next key catalyst and Morgan Stanley awaits results of a strategic review, to be unveiled in late October.

Morgan Stanley expects Boral to try and reduce its leverage and with the MD stating raising equity may not be the only way to strengthen the balance sheet, the broker expects asset sales may be the focus.

The company would do well to simplify its operating structure, believes the broker, and divest its non-core assets. Moreover, the company needs to reduce its general and administrative costs to be in-line with the industry to unlock any meaningful cost savings.

Equal-weight rating reaffirmed. Target is raised to $4.80 from $4.40. Industry view is Cautious.

UBS rates CSL as Buy

UBS observes 139m flu vaccine doses have been distributed for the US flu season till October 9, up 9% versus last year. CSL also increased its supply of flu vaccine into the US to circa 60m doses for the 20-21 season, a 20% increase from last year.

The broker anticipates a prolonged flu season and expects flu vaccine penetration rate in the US to rise with higher demand due to risks related to covid-19. Seqirus looks well placed to benefit from this and UBS expects its revenues to increase by 17% in FY21.

UBS makes no changes to the Buy rating or $346 price target.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

ALD | AMPOL

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$25.42

19 Oct
2020

0.320

OPEN

$25.11

1.27%

HIGH

$25.55

522,511

LOW

$24.91

TARGET
$28.298 11.3% upside
Franking for last dividend paid out: 100%
MARKET CONSENSUS FORECAST
ALD: 1
Title FY18
Actual
FY19
Actual
FY20
Forecast
FY21
Forecast
EPS (cps) xxx 151.3 80.2 xxx
DPS (cps) xxx 83.0 44.1 xxx
EPS Growth xxx - 29.6% - 47.0% xxx
DPS Growth xxx - 29.7% - 46.9% xxx
PE Ratio xxx N/A 32.6 xxx
Dividend Yield xxx N/A 1.7% xxx
Div Pay Ratio(%) xxx 54.9% 55.0% xxx

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DAILY FINANCIAL NEWS

Record Customer Receipts Highlight Netlinkz Growth In China

SPONSORED: Netlinkz Limited today reported record receipts from customers for the quarter ended 30 September 2020

Oct 20 2020 - FYI


South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.

Oct 20 2020 - Australia


Good To Great by Jim Collins, first published in 2001, still contains plenty of valuable insights for today’s investor looking for that special kind of corporate breed

Oct 20 2020 - Book Reviews


Peter Switzer of the Switzer Report selects three stocks he’d like to be invested in for the year ahead.

Oct 20 2020 - FYI


Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.

Oct 20 2020 - Technicals


Delays stemming from the pandemic amid ebbing demand conditions confront Rio Tinto, while there is also work to do to improve perceptions about its cultural sensitivity.

Oct 19 2020 - Australia


RUDI'S VIEWS

Rudi’s View: Investment Themes In Australia

In this week’s Weekly Insights: -Investment Themes In Australia-Conviction Calls-That Dreadful ASX Website (But Exciting News Ahead for FNArena)-Rudi Talks…

Oct 15 2020

DAILY MARKET REPORTS

The Overnight Report: Losing The Faith

After spending last week optimistic there will be stimulus, and there will be a vaccine, Wall Street is now beginning to look a little worried. Dow down -410. (Available for non-subscribers after 10am)

Oct 20 2020


Today’s Financial Calendar – 20-10-2020

Significant Scheduled Events For 20 October, 2020

Oct 20 2020


The Monday Report – 19 October 2020

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

Oct 19 2020


Today’s Financial Calendar – 19-10-2020

Significant Scheduled Events For 19 October, 2020

Oct 19 2020


The Overnight Report: No Worries

There will be stimulus one day and the case-count doesn’t matter, it seems. Dow recovers from down -330 to close down -19. (Available for non-subscribers after 10am)

Oct 16 2020


Today’s Financial Calendar – 16-10-2020

Significant Scheduled Events For 16 October, 2020

Oct 16 2020


The Overnight Report: Reasons To Be Cheerless

Forget stimulus ahead of the election. More concerning is the rising US case-count. Dow down -165. (Available for non-subscribers after 10am)

Oct 15 2020


WEEKLY REPORTS

Uranium Week: Restart For Tsunami-Hit Reactor

As the tsunami-hit Onagawa nuclear reactor gets the OK for a restart, the weekly uranium price continues its downward trend.

Oct 20 2020

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.

Oct 19 2020

Weekly Ratings, Targets, Forecast Changes – 16-10-20

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

Oct 19 2020


Weekly Top Ten News Stories – 16 October 2020

Our top ten news stories from 08 October 2020 to 15 October 2020

Oct 16 2020

Next Week At A Glance – 19-23 Oct 2020

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

Oct 16 2020

The Wrap: Gambling, REITs & Tax Breaks

Weekly Broker Wrap: Increased online gambling frequency during covid-19 benefited wagering products; there seems to be no light at the end of the tunnel for Office REITs; September noted a rise in the number of businesses entering into administration

Oct 16 2020


The Short Report – 15 Oct 2020

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

Oct 15 2020

Looking Elsewhere For Golden Value

The New Criterion’s Tim Boreham suspects spin-off gold miners will generate value rather than the established companies

Oct 15 2020

Uranium Week: US Reduces Reliance On Russia

Existing protections for the US commercial enrichment industry are strengthened, as the weekly uranium price resumes the recent downward trend.

Oct 13 2020


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THE MARKETS

    Click item/line to change chart

  • Australia

    20 October 2020   Updated : 20:12   AEDT

    SPI Overnight (Dec)

    6203.00

    -17.00

    -0.27%

    All Ordinaries

    6396.80

    -38.80

    -0.60%

    S&P ASX 200

    6184.60

    -44.80

    -0.72%

    S&P ASX 300

    6167.60

    -42.40

    -0.68%

    Consumer Discretionary

    2817.70

    -12.00

    -0.42%

    Consumer Staples

    12627.80

    -69.40

    -0.55%

    Energy

    6740.40

    -55.10

    -0.81%

    Financials

    4879.60

    -61.10

    -1.24%

    Health Care

    44520.80

    -279.90

    -0.62%

    Industrials

    5844.80

    -28.50

    -0.49%

    Info Technology

    2053.00

    +34.20

    1.69%

    Materials

    14097.10

    -162.70

    -1.14%

    Telecommunication

    1179.90

    -9.20

    -0.77%

    Utilities

    7178.70

    -34.70

    -0.48%

  • Asia

    20 October 2020   Updated : 20:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    23567.04

    -104.09

    -0.44%

    Hang Seng

    24569.54

    +27.28

    0.11%

    Click item/line to change chart

  • Australasia

    20 October 2020   Updated : 20:12   AEDT

    AUD/USD

    0.7039

    -0.01

    -0.90%

    AUD/NZD

    1.0719

    +0.00

    0.11%

    NZD/USD

    0.6567

    -0.01

    -1.01%

    AUD/JPY

    74.30

    -0.53

    -0.71%

    SGD/AUD

    1.05

    +0.01

    0.90%

    AUD/EUR

    0.5975

    -0.01

    -1.24%

    AUD/GBP

    0.5437

    0.00

    -0.48%

    AUDCAD

    0.9283

    -0.01

    -0.81%

  • World

    20 October 2020   Updated : 20:12   AEDT

    CAD/USD

    0.7582

    0.00

    -0.09%

    EUR/JPY

    124.35

    +0.64

    0.52%

    EUR/USD

    1.1780

    +0.00

    0.34%

    GBP/USD

    1.2947

    0.00

    -0.37%

    USD/JPY

    105.56

    +0.20

    0.19%

    Click item/line to change chart

  • World

    20 October 2020   Updated : 20:12   AEDT

    FTSE100

    5907.27

    +22.62

    0.38%

    DAX30

    12848.36

    -6.30

    -0.05%

    DJIA

    28195.42

    -410.89

    -1.44%

    S&P500

    3426.92

    -56.89

    -1.63%

    Nasdaq Comp

    11478.88

    -192.67

    -1.65%

    S&P500 VIX

    28.55

    +1.14

    4.16%

    US 10-year yield

    0.761

    +0.017

    2.280%

    USD Index

    93.42

    -0.26

    -0.28%

  • Aus Stocks

    20 October 2020   Updated : 20:12   AEDT

    BHP (UK)

    1601.00

    -13.00

    -0.81%

    Rio (UK)

    4572.50

    -34.50

    -0.75%

    BHP (US)

    50.61

    -1.07

    -2.07%

    Rio (US)

    59.23

    -0.82

    -1.37%

    ResMed (US)

    179.41

    -1.38

    -0.76%

    South32 (UK)

    118.41

    -0.35

    -0.29%

    James Hardie (US)

    25.31

    -0.42

    -1.63%

    Telstra (US)

    10.00

    -0.05

    -0.50%

    Westpac (US)

    13.17

    -0.11

    -0.83%

    Newcrest (CA)

    30.00

    +0.25

    0.84%

    Click item/line to change chart

  • Spot Metals & Minerals

    20 October 2020   Updated : 07:30   AEDT

    Gold (oz)

    1901.70

    +2.00

    0.11%

    Silver (oz)

    24.29

    +0.12

    0.50%

    Copper (lb)

    3.0392

    +0.00

    0.06%

    Aluminium (lb)

    0.8386

    0.00

    -0.02%

    Lead (lb)

    0.7956

    +0.01

    0.91%

    Nickel (lb)

    7.0751

    +0.07

    1.01%

    Zinc (lb)

    1.1109

    +0.02

    1.75%

    Copper (t)

    6700.00

    +4.00

    0.06%

    Aluminium (t)

    1849.00

    0.00

    0.00%

    Lead (t)

    1754.00

    +16.00

    0.92%

    Nickel (t)

    15598.00

    +156.00

    1.01%

    Zinc (t)

    2449.00

    +42.00

    1.74%

    Uranium (lb) weekly

    30.00

    0.00

    0.00%

  • Commodities Futures

    20 October 2020   Updated : 07:30   AEDT

    West Texas Crude

    40.63

    -0.25

    -0.61%

    Brent Crude

    42.45

    -0.48

    -1.12%

    Iron Ore (t)

    119.40

    +0.35

    0.29%

CALENDAR

Wednesday, 21 October 2020
AU retail sales, Sep (preliminary)
UK CPI & PPI, Sep
US Fed Beige Book
ACF ex-div 1.05c (100%)
AGL AGM
ALX traffic stats
CRN quarterly production report
LYC quarterly production report
MP1 quarterly report
MYS AGM
ORA AGM
SBM quarterly production report
SFR quarterly production report

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$17.85

CSL CSL LIMITED

$301.04

REA REA GROUP LIMITED

$123.37

RMD RESMED INC

$25.49

TNE TECHNOLOGYONE LIMITED

$8.72

WEEKLY PDF

Stories To Read From FNArena


WEEK 42

WEEK 41

WEEK 40

WEEK 39

WEEK 38

FNARENA TALKS

FNARENA WINDOWS

Window on MINING

Divestment Of SAEC Critical For South32

South32 has reinstated its buyback program, having built up cash reserves after a solid performance in the September quarter, while kicking off 2021 unencumbered by South Africa Energy Coal is considered critical to the outlook.

Oct 20 2020


Window on RETAILING

Uptrend Ongoing For Kogan

Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.

Oct 20 2020


Window on URANIUM

Uranium Week: Restart For Tsunami-Hit Reactor

As the tsunami-hit Onagawa nuclear reactor gets the OK for a restart, the weekly uranium price continues its downward trend.

Oct 20 2020


SMSFUNDAMENTALS

SMSFundamentals: Diversified ETFs Continue to Surge

Australian exchange traded funds posted a record in August as the product of choice for investors wishing to capture exposure to a more flexible investment product.

Sep 16 2020


FEATURE STORIES

Australian Retail: Whereto From Here?

It’s been more than seven months since the initial nation-wide lockdown dramatically changed consumer behaviour. As restrictions ease, will everything go back to “normal”, or has the future of retail been altered forever?

Oct 13 2020