FINANCIAL NEWS

S&P500: Bullish Trend Remains

The Chartist would like to see the S&P500 take a healthy near term breather but technically the trend remains positive

11:10 AM


Uranium Week: Upcoming Catalysts For Uranium Industry 

As the weekly uranium spot price oscillates in a tight range, we examine further impetus for the nuclear industry after the US re-joins the Paris climate agreement

10:00 AM


The Overnight Report: Happy New Year

Wall Street is in stall mode as US earnings season continues and questions are asked about frothy valuations. (Available for non-subscribers after 10am)

9:09 AM


Today’s Financial Calendar – 27-01-2021

Significant Scheduled Events For 27 January, 2021

8:15 AM


Today’s Financial Calendar – 26-01-2021

Significant Scheduled Events For 26 January, 2021

Jan 26 2021


Macquarie rates FMG as Outperform

Fortescue Metals Group has announced it expects to report earnings of US$4.0-4.1b for the first half FY21, marginally below the estimate of US$4.3b forecast by Macquarie.

The broker expects the company will maintain a dividend payout ratio of 80%, which should deliver a first half dividend of $1.37.

Macquarie considers earnings upgrade momentum remains strong with the company trading on FY21 and FY22 free cash flow yields of 13% and 18%, respectively, at spot prices.

The Outperform rating is unchanged and the target is reduced to $27 from $27.20.

Credit Suisse rates NIC as Outperform

Nickel Mines' December quarter showed a record 11.5kt nickel production, ahead of Credit Suisse's 10kt estimate for 2020. Margins expanded by 46% led by rising nickel and nickel pig iron prices.

Credit Suisse is pleased with the strong result and record production levels. No formal production or operating expense guidance was given for 2021 but the broker expects nickel pig iron production to be similar to 2020 levels. 

Outperform. Target rises to $1.50 from $1.35.

UBS rates RMD as Buy

ResMed will report its second-quarter results on January 29, 2021. UBS expects revenue growth to be 5.2% for the US, Canada and Latin America. Gross margin is expected to consistent with the first quarter at 59.9%.

Total global ventilator sales are forecast to be US$43m versus US$31m in the last year and US$70m in the first quarter. UBS believes ResMed will continue to penetrate the large addressable patient population encompassing a spectrum of respiratory diseases.

The Buy rating is unchanged with a target of $US241.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

NIC | NICKEL MINES LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.30

26 Jan
2021

-0.100

OPEN

$1.30

-7.14%

HIGH

$1.30

0

LOW

$1.30

TARGET
$1.467 12.8% upside
Franking for last dividend paid out: 0%
MARKET CONSENSUS FORECAST
NIC: 1
Title FY20
Forecast
FY21
Forecast
EPS (cps) 6.5 xxx
DPS (cps) 2.8 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 20.7 xxx
Dividend Yield 2.1% xxx
Div Pay Ratio(%) 43.6% xxx
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.

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DAILY FINANCIAL NEWS

S&P500: Bullish Trend Remains

The Chartist would like to see the S&P500 take a healthy near term breather but technically the trend remains positive

11:10 AM - Technicals


SPONSORED: 88 Energy has provided an update relating to its operations on the North Slope of Alaska

Jan 22 2021 - FYI


SPONSORED: Heathtech company MyFiziq has developed a proprietary body dimensioning technology that enables its users to check, track and assess their dimensions using a smartphone, from the comfort of their home

Jan 22 2021 - FYI


A new era is dawning for the waste industry and Australia’s two major waste-management companies are going to have to shape up if they want to catch the tide. Just sometimes, the devil is in the detail

Jan 22 2021 - ESG Focus


The Chartist reports optimism is returning for the Telstra share price, after having suffered technical damage for several years

Jan 22 2021 - Technicals


Despite taking a back seat to social and sustainable bonds in the first-half of 2020, the green bond market roared to life in the second half, cracking the US$1trn mark. Volumes are expected to jump up to 50% in 2021

Jan 21 2021 - ESG Focus


RUDI'S VIEWS

Share Market Outlook 2021: Swings & Roundabouts

In today's Weekly Insights (the first in 2021): -Share Market Outlook 2021: Swings & Roundabouts-Conviction Calls By Rudi Filapek-Vandyck, Editor…

Jan 21 2021

DAILY MARKET REPORTS

The Overnight Report: Happy New Year

Wall Street is in stall mode as US earnings season continues and questions are asked about frothy valuations. (Available for non-subscribers after 10am)

9:09 AM


Today’s Financial Calendar – 27-01-2021

Significant Scheduled Events For 27 January, 2021

8:15 AM


Today’s Financial Calendar – 26-01-2021

Significant Scheduled Events For 26 January, 2021

Jan 26 2021


Australian Broker Call *Extra* Edition – Jan 25, 2021

Extra Edition of the Broker Call Report

Jan 25 2021


Today’s Financial Calendar – 25-01-2021

Significant Scheduled Events For 25 January, 2021

Jan 25 2021


Today’s Financial Calendar – 22-01-2021

Significant Scheduled Events For 22 January, 2021

Jan 22 2021


Today’s Financial Calendar – 21-01-2021

Significant Scheduled Events For 21 January, 2021

Jan 21 2021


WEEKLY REPORTS

Uranium Week: Upcoming Catalysts For Uranium Industry 

As the weekly uranium spot price oscillates in a tight range, we examine further impetus for the nuclear industry after the US re-joins the Paris climate agreement

10:00 AM

Australian Listed Real Estate Tables – 25-01-2021

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

Jan 25 2021

Weekly Ratings, Targets, Forecast Changes – 22-01-21

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

Jan 25 2021


Weekly Top Ten News Stories – 22 January 2021

Our top ten news stories from 14 January 2021 to 21 January 2021

Jan 22 2021

Uranium Week: Nuclear Energy In Need Of Innovation

As the weekly uranium spot price continues to be range bound, two separate reports highlight the need for innovative mining techniques and advanced technology in the uranium sector

Jan 19 2021

Australian Listed Real Estate Tables – 18-01-2021

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

Jan 18 2021


Weekly Ratings, Targets, Forecast Changes – 15-01-21

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

Jan 18 2021

Weekly Top Ten News Stories – 15 January 2021

Our top ten news stories from 07 January 2021 to 14 January 2021

Jan 15 2021

Weekly Ratings, Targets, Forecast Changes – 25-12-20

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

Dec 27 2020


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THE MARKETS

    Click item/line to change chart

  • Australia

    27 January 2021   Updated : 12:12   AEDT

    SPI Overnight (Mar)

    6748.00

    -22.00

    -0.32%

    All Ordinaries

    7062.40

    -49.00

    -0.69%

    S&P ASX 200

    6780.50

    -44.20

    -0.65%

    S&P ASX 300

    6771.10

    -45.10

    -0.66%

    Consumer Discretionary

    3086.60

    +12.00

    0.39%

    Consumer Staples

    12976.60

    +80.70

    0.63%

    Energy

    8613.90

    -236.80

    -2.68%

    Financials

    5727.30

    +5.60

    0.10%

    Health Care

    41543.30

    -113.70

    -0.27%

    Industrials

    5866.00

    -17.80

    -0.30%

    Info Technology

    2328.10

    +27.80

    1.21%

    Materials

    16113.80

    -489.90

    -2.95%

    Telecommunication

    1319.20

    -4.40

    -0.33%

    Utilities

    6322.40

    -20.00

    -0.32%

  • Asia

    27 January 2021   Updated : 12:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    28716.23

    +170.05

    0.60%

    Hang Seng

    29391.26

    -767.75

    -2.55%

    Click item/line to change chart

  • Australasia

    27 January 2021   Updated : 12:12   AEDT

    AUD/USD

    0.7750

    +0.01

    0.74%

    AUD/NZD

    1.0712

    +0.00

    0.15%

    NZD/USD

    0.7235

    +0.00

    0.56%

    AUD/JPY

    80.36

    +0.51

    0.64%

    SGD/AUD

    0.97

    0.00

    -0.50%

    AUD/EUR

    0.6373

    +0.00

    0.49%

    AUD/GBP

    0.5640

    +0.00

    0.05%

    AUDCAD

    0.9842

    +0.00

    0.35%

  • World

    27 January 2021   Updated : 12:12   AEDT

    CAD/USD

    0.7874

    +0.00

    0.40%

    EUR/JPY

    126.11

    +0.19

    0.15%

    EUR/USD

    1.2161

    +0.00

    0.24%

    GBP/USD

    1.3739

    +0.01

    0.67%

    USD/JPY

    103.71

    -0.08

    -0.08%

    Click item/line to change chart

  • World

    27 January 2021   Updated : 12:12   AEDT

    FTSE100

    6654.01

    +15.16

    0.23%

    DAX30

    13870.99

    +227.04

    1.66%

    DJIA

    30937.04

    -22.96

    -0.07%

    S&P500

    3849.62

    -5.74

    -0.15%

    Nasdaq Comp

    13626.06

    -9.93

    -0.07%

    S&P500 VIX

    23.02

    -0.17

    -0.73%

    US 10-year yield

    1.040

    0.000

    0.000%

    USD Index

    90.15

    +0.08

    0.09%

  • Aus Stocks

    27 January 2021   Updated : 12:12   AEDT

    BHP (UK)

    2108.50

    +16.50

    0.79%

    Rio (UK)

    5909.00

    +32.00

    0.54%

    BHP (US)

    71.80

    +0.57

    0.80%

    Rio (US)

    81.13

    0.00

    0.00%

    ResMed (US)

    222.28

    +0.60

    0.27%

    South32 (UK)

    152.08

    +0.48

    0.32%

    James Hardie (US)

    29.44

    +0.19

    0.65%

    Telstra (US)

    12.35

    +0.05

    0.41%

    Janus Henderson (US)

    32.78

    -0.12

    -0.36%

    Westpac (US)

    16.88

    +0.22

    1.32%

    Newcrest (CA)

    26.19

    0.00

    0.00%

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  • Spot Metals & Minerals

    27 January 2021   Updated : 08:43   AEDT

    Gold (oz)

    1852.50

    -17.80

    -0.95%

    Silver (oz)

    25.46

    -0.49

    -1.89%

    Copper (lb)

    3.5875

    -0.05

    -1.44%

    Aluminium (lb)

    0.9118

    +0.02

    1.85%

    Lead (lb)

    0.9262

    +0.01

    0.85%

    Nickel (lb)

    8.1421

    -0.14

    -1.71%

    Zinc (lb)

    1.1866

    -0.03

    -2.47%

    Copper (t)

    7909.00

    -115.00

    -1.43%

    Aluminium (t)

    2010.00

    +37.00

    1.88%

    Lead (t)

    2042.00

    +17.00

    0.84%

    Nickel (t)

    17950.00

    -312.00

    -1.71%

    Zinc (t)

    2616.00

    -66.00

    -2.46%

    Uranium (lb) weekly

    29.80

    -0.40

    -1.32%

  • Commodities Futures

    27 January 2021   Updated : 07:48   AEDT

    West Texas Crude

    52.51

    -0.49

    -0.92%

    Brent Crude

    55.83

    -0.18

    -0.32%

    Iron Ore (t)

    164.65

    -

    -

CALENDAR

Wednesday, 27 January 2021
AU CPI, Q4
AU NAB business confidence, Dec
US durabe goods orders, Dec
US Fed policy meeting
ALX quarterly report
BPT quarterly production report
OSH quarterly production report
Thursday, 28 January 2021
NZ trade balance, Dec
AU import/export prices, Q4
JP retail sales, Dec
US GDP, Q4
US new home sales, Dec

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$18.59

CSL CSL LIMITED

$273.38

REA REA GROUP LIMITED

$146.07

RMD RESMED INC

$28.85

TNE TECHNOLOGYONE LIMITED

$8.15

WEEKLY PDF

Stories To Read From FNArena


WEEK 47

WEEK 46

WEEK 45

WEEK 44

WEEK 43

FNARENA TALKS

FNARENA WINDOWS

Window on URANIUM

Uranium Week: Upcoming Catalysts For Uranium Industry 

As the weekly uranium spot price oscillates in a tight range, we examine further impetus for the nuclear industry after the US re-joins the Paris climate agreement

10:00 AM


Window on REITS

Australian Listed Real Estate Tables – 25-01-2021

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

Jan 25 2021


Window on TELECOMMUNICATION

Optimism Returning For Telstra

The Chartist reports optimism is returning for the Telstra share price, after having suffered technical damage for several years

Jan 22 2021


FEATURE STORIES

2021 Investment Outlook Part II

If the virus has achieved one thing, it is to prompt governments across the globe to pour stimulus into new technologies and renewability that will drive strong demand for Australian resources

Dec 22 2020