FINANCIAL NEWS
ASX Winners And Losers Of Today – 19-08-22
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Aug 19 2022
FNArena Corporate Results Monitor – 19-08-2022
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
Aug 19 2022
Weekly Top Ten News Stories – 19 August 2022
Our top ten news stories from 11 August 2022 to 18 August 2022
Aug 19 2022
Flying High at Corporate Travel Management
A strong finish to the year looks to provide Corporate Travel Management with momentum as it moves into the new year, and should see the company benefit as markets reopen
Aug 19 2022
Next Week At A Glance – 22-26 Aug 2022
A brief look at important company events and economic data releases next week
Aug 19 2022
Citi rates AIA as Downgrade to Sell from Neutral
While Auckland International Airport delivered a beat with its full year results, the company's FY23 net profit guidance has disappointed Citi's expectations -32%, and consensus forecasts -47%, underpinned by what the broker finds conservative passenger assumptions.
While better passenger recovery could allow some upside to guidance, the broker notes rising operational costs, higher interest and lower retail costs all look likely to drag on earnings, and predicts downgrades to forecasts across the market.
The rating is downgraded to Sell from Neutral and the target price decreases to NZ$7.24 from NZ$7.55.
Macquarie rates DRR as Outperform
Macquarie observes Deterra Royalties has benefited from the ramp up of South Flank as well as iron ore prices and the ongoing ramp up remains a key catalyst.
The spot price scenario for iron ore is largely in line with expectations over FY23 and FY24 and the broker assesses free cash flow and dividend yields at spot prices will remain above 7% from FY23 onwards.
Macquarie retains an Outperform rating and an unchanged target of $5.
Morgans rates TWE as Add
FY22 results for Treasury Wine Estates were in line with guidance and Morgans forecasts. The 2H demonstrated strong earnings (EBITS) and profit growth on the previous corresponding period of 14.1% and 18.8%, respectively.
The company is trading at a material discount to the broker's valuation and pre-covid multiple. The Add rating is retained, while the target rises to $15.71 from $13.93.
The analyst expects double digit growth from FY23 and notes the Penfolds reallocation strategy has been a success.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
ORA | ORORA LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$3.50 18 Aug |
OPEN $3.58 |
HIGH $3.58 |
2,446,185 LOW $3.49 |
-0.030| TARGET | |||
| $3.869 10.5% upside | |||
| Franking for last dividend paid out: 0% |
| Title | FY21 Actual |
FY22 Actual |
FY23 Forecast |
FY24 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | N/A | 22.2 | xxx |
| DPS (cps) | xxx | N/A | 16.9 | xxx |
| EPS Growth | xxx | N/A | N/A | xxx |
| DPS Growth | xxx | N/A | N/A | xxx |
| PE Ratio | xxx | N/A | 16.2 | xxx |
| Dividend Yield | xxx | N/A | 4.7% | xxx |
| Div Pay Ratio(%) | xxx | N/A | 76.4% | xxx |
DAILY FINANCIAL NEWS
FNArena Corporate Results Monitor – 19-08-2022
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
Aug 19 2022 - Australia
A strong finish to the year looks to provide Corporate Travel Management with momentum as it moves into the new year, and should see the company benefit as markets reopen
Aug 19 2022 - Small Caps
Following FY22 results for Brambles, brokers set higher price targets following good cost control and higher pricing, though free cash flow concerns weigh
Aug 19 2022 - Australia
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments
Aug 18 2022 - Australia
Following June quarter results for James Hardie, brokers generally set lower price targets though remain largely Buy-rated
Aug 18 2022 - Australia
After delivering a strong full year result, JB Hi-Fi reported momentum carried into the first month of the new financial year, with a sales slowdown expected to impact in the second half of the year
Aug 18 2022 - Australia
PR NEWSWIRE
Koinly Announces Extended NFT Support
Aug 18 2022 - PR NewsWire
Delegate Connect Rebrands As Joyn
Aug 18 2022 - PR NewsWire
Skedda Partners with Five Elms Capital to Modernize Space Management and Scheduling
Aug 18 2022 - PR NewsWire
Announcing the Release of The Disruptors, the First Comprehensive Documentary Film on ADHD Award-Winning, Star-Studded Documentary Available in Australia on App
Aug 17 2022 - PR NewsWire
Chery’s Secret of Success with High Quality: Backed by Four Top Laboratories
Aug 17 2022 - PR NewsWire
BLUETTI Power Week to Help Australians Ease Energy Crisis
Aug 17 2022 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: When Forecasts Are Too High
In this week's Weekly Insights: -When Forecasts Are Too High-How Long This Rally?-Quote Of The Week By Rudi Filapek-Vandyck, Editor…
Aug 18 2022
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 19-08-22
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Aug 19 2022
The Overnight Report: No Idea
Wall Street was all over the place last night as Fed presidents had their say and economic data came in mixed. Dow up 18. (Available for non-subscribers after 10am)
Aug 19 2022
Today’s Financial Calendar – 19-08-2022
Significant Scheduled Events For 19 August, 2022
Aug 19 2022
ASX Winners And Losers Of Today – 18-08-22
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Aug 18 2022
The Overnight Report: Fed Confusion
Is there a chink appearing in the Fed’s armour, or not? Dow down -171. (Available for non-subscribers after 10am)
Aug 18 2022
Today’s Financial Calendar – 18-08-2022
Significant Scheduled Events For 18 August, 2022
Aug 18 2022
Australian Broker Call *Extra* Edition – Aug 17, 2022
Extra Edition of the Broker Call Report
Aug 17 2022
WEEKLY REPORTS
Weekly Top Ten News Stories – 19 August 2022
Our top ten news stories from 11 August 2022 to 18 August 2022
Aug 19 2022
Next Week At A Glance – 22-26 Aug 2022
A brief look at important company events and economic data releases next week
Aug 19 2022
The Short Report – 18 Aug 2022
FNArena’s weekly update on short positions in the Australian share market
Aug 18 2022
Australian Listed Real Estate Tables – 15-08-2022
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Aug 17 2022
Uranium Week: Wake Me Up In September
There were no transactions reported in global uranium markets last week, at all. The highlight was passage of a bill supporting US nuclear energy
Aug 16 2022
Weekly Ratings, Targets, Forecast Changes – 12-08-22
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Aug 15 2022
Weekly Top Ten News Stories – 12 August 2022
Our top ten news stories from 04 August 2022 to 11 August 2022
Aug 12 2022
Next Week At A Glance – 15-19 Aug 2022
A brief look at important company events and economic data releases next week
Aug 12 2022
In Brief: China Economy, Travel, Casinos, Meal Delivery
Weekly broker wrap: China economy stalls, travel industry recovery, gambling shakeup, meal delivery heats up
Aug 12 2022
THE MARKETS
-
Australia
20 August 2022 Updated : 12:42 AEDT
SPI Overnight
7043.00
+23.00
0.33%
NZ50
9214.870
-42.310
-0.460%
All Ordinaries
7358.70
+1.00
0.01%
S&P ASX 200
7114.50
+1.70
0.02%
S&P ASX 300
7103.60
+1.30
0.02%
Communication Services
1492.30
-2.00
-0.13%
Consumer Discretionary
2981.00
+9.00
0.30%
Consumer Staples
14076.30
+27.70
0.20%
Energy
10675.70
+406.60
3.96%
Financials
6342.10
-50.00
-0.78%
Health Care
43208.80
-408.20
-0.94%
Industrials
6615.10
+8.70
0.13%
Info Technology
1537.90
-1.50
-0.10%
Materials
16526.50
+135.10
0.82%
Real Estate
3247.70
-43.00
-1.31%
Utilities
7778.40
-55.10
-0.70%
A-REITs
1430.70
-21.10
-1.45%
All Technology Index
2228.60
-7.10
-0.32%
Banks
2596.20
-33.20
-1.26%
Gold Index
5195.50
+55.70
1.08%
Metals & Mining
5528.20
+53.80
0.98%
-
World
20 August 2022 Updated : 12:42 AEDT
CAD/USD
0.7699
0.00
-0.04%
EUR/JPY
137.52
+0.07
0.05%
EUR/USD
1.0039
0.00
-0.19%
GBP/USD
1.1829
0.00
-0.19%
USD/JPY
136.86
+0.20
0.15%
-
Aus Stocks
20 August 2022 Updated : 12:42 AEDT
Amcor (US)
12.48
-0.24
-1.89%
Rio (UK)
4917.71
-28.79
-0.58%
BHP (US)
56.75
-0.38
-0.67%
Rio (US)
58.83
-1.66
-2.74%
ResMed (US)
233.49
-2.50
-1.06%
South32 (UK)
240.50
-0.50
-0.21%
James Hardie (US)
24.73
-1.09
-4.22%
Telstra (US)
14.11
-0.12
-0.84%
Janus Henderson (US)
25.80
-0.61
-2.31%
Newcrest (CA)
17.09
+0.13
0.77%
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CALENDAR
Monday, 22 August 2022
3PL earnings result ABC earnings result AD8 earnings result ADH earnings result ALD earnings result ALU earnings result AMS earnings result AZJ ex-div 10.9c (100%) COE earnings result EML earnings result EVT earnings result GDI earnings result JAN earnings result ALL WEATHER STOCKS
Code Company Price COL COLES GROUP LIMITED 
$19.36
CSL CSL LIMITED
$294.67
REA REA GROUP LIMITED 
$130.59
RMD RESMED INC
$33.71
TNE TECHNOLOGY ONE LIMITED
$12.15
WEEKLY PDF
Stories To Read From FNArena
WEEK 34
WEEK 33
WEEK 32
WEEK 31
WEEK 30
FNARENA TALKS
2022 Outlook: When Cash Is King?
May 30 2022
2022: Exploiting The Post Pandemic Recovery
May 05 2022
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FNARENA WINDOWS
Window on TRAVEL, LEISURE & TOURISM
Flying High at Corporate Travel Management
A strong finish to the year looks to provide Corporate Travel Management with momentum as it moves into the new year, and should see the company benefit as markets reopen
Aug 19 2022
Window on TRANSPORTATION & LOGISTICS
Brambles Executes On Pricing & Costs
Following FY22 results for Brambles, brokers set higher price targets following good cost control and higher pricing, though free cash flow concerns weigh
Aug 19 2022
Window on BUILDING PRODUCTS & SERVICES
James Hardie: Price Rises Help Offset Higher Costs
Following June quarter results for James Hardie, brokers generally set lower price targets though remain largely Buy-rated
Aug 18 2022
SMSFUNDAMENTALS
SMSFundamentals: SMAs Hot, Retail Funds Not
The financial services landscape in Australia is changing with recent research showing a swing toward not-for-profit funds, while the popularity of managed accounts continues to rise
Jun 07 2022