FINANCIAL NEWS

The Wrap: Health, Banks & Salary Packaging

Weekly Broker Wrap: Private health insurance; housing; banking; online; and salary packaging

Jan 19 2018


The Week Ahead: Australia Day

The week ahead ends with Australia Day on Friday and mostly production reports and a few corporate results locally in the first four days.

Jan 19 2018


Weekly Top Ten News Stories

Our top ten news stories from 11 January 2018 to 18 January 2018

Jan 19 2018


New Website: The Australian Broker Call Report

FNArena’s Australian Broker Report offers a daily window into ideas, updates and projections made by stockbroking analysts.

Jan 19 2018


Today’s Financial Calendar

Significant Scheduled Events For 19 January, 2018

Jan 19 2018


Morgan Stanley rates IEL as Overweight

Morgan Stanley expects the the company to deliver a strong first half, with earnings certainty underpinned by strong student visa data. IDP continues to be the broker's preference, notwithstanding it is trading on a higher multiple because of a faster growth trajectory versus Navitas ((NVT)).

Morgan Stanley lifts the price target to $6.40 from $5.85 and maintains an Overweight rating. Industry view is In-Line.

Morgans rates VMY as Add

The company notes recent actions by leading uranium miners, which are idling production capacity in an over-supplied market, will have an impact on both spot and long-term contract pricing.

Vimy Resources has previously announced three uranium converter contracts to process its Mulga Rock concentrate for nuclear fuel in Canada, the US and France. Morgans will revise valuation in light of the impending definitive feasibility study, due in the current quarter.

Add rating and $0.38 target unchanged.

Citi rates WHC as Downgrade to Sell from Neutral

December quarter production missed Citi's estimates and the rating is downgraded to Sell from Neutral. Target is raised to $4.20 from $4.00 as a result of marking to market coal prices, offsetting lower FY18 production and higher costs for Narrabri.

The main risk to the recommendation, in the broker's view, is if thermal coal prices, which are at US$107/t, remain above Citi's forecasts for US$89/t in 2018 and US$75/t in 2019.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

BHP | BHP BILLITON LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$30.69

21 Jan
2018

-0.090

OPEN

$30.85

-0.29%

HIGH

$30.98

4,413,338

LOW

$30.67

TARGET
$31.96 4.1% upside
Franking for last dividend paid out: 100%
MARKET CONSENSUS FORECAST
BHP: 1
Title FY18
Forecast
FY19
Forecast
EPS (cps) 212.0 185.1
DPS (cps) 129.0 115.2
EPS Growth N/A - 12.7%
DPS Growth N/A - 10.7%
PE Ratio 14.5 16.6
Dividend Yield 4.2% 3.8%
Div Pay Ratio(%) 60.8% 62.2%
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

New Website: The Australian Broker Call Report

FNArena’s Australian Broker Report offers a daily window into ideas, updates and projections made by stockbroking analysts.

Jan 19 2018 - FYI


The Chartist reports the technical picture for the S&P500 continues to be supportive of further upside, though short term a cautious approach seems but appropriate.

Jan 18 2018 - Technicals


South32 has upgraded production guidance for South African manganese by 8% as it flexes output to take advantage of higher prices. The December quarter also revealed weakness at Worsley and Cannington.

Jan 18 2018 - Australia


As oil prices show resilience above US$60/bbl several brokers are confident that 2018 will be a more positive year for the energy sector.

Jan 18 2018 - Commodities


BT Investment Management’s business made a solid start to FY18 although net outflows, largely from previously disclosed mandate losses, raise a few concerns regarding the outlook.

Jan 17 2018 - Australia


A glance through the latest expert views and predictions about commodities. 2018 outlook; zinc; iron ore & steel; coal; aluminium; nickel; oil; and Australian miners.

Jan 17 2018 - Commodities


RUDI'S VIEWS

Rudi’s View: Aristocrat, Newcrest And Carsales

In this week's Weekly Insights (this is part two): -This Is It Folks! -Make Risk Your Friend: Don't Ignore The…

Nov 30 2017

DAILY MARKET REPORTS

Today’s Financial Calendar

Significant Scheduled Events For 19 January, 2018

Jan 19 2018


The Overnight Report: AUD/USD Reclaims 80c

Lots of action in currency markets overnight and as AUD/USD has now moved back above 80c this also explains the lacklustre performance of Aussie equities into 2018.

Jan 18 2018


Today’s Financial Calendar

Significant Scheduled Events For 18 January, 2018

Jan 18 2018


The Overnight Report: US Government Shutdown?

US bonds paused while US equities saw rotation into defensives ahead of Friday’s potential government shutdown and new updates on Mueller’s probe into Trump-Russia connections.

Jan 17 2018


Today’s Financial Calendar

Significant Scheduled Events For 17 January, 2018

Jan 17 2018


The Overnight Report: Valuations Starting To Matter?

European markets saw weakness while US investors were celebrating the memory of Martin Luther King.

Jan 16 2018


Today’s Financial Calendar

Significant Scheduled Events For 16 January, 2018

Jan 16 2018


WEEKLY REPORTS

The Week Ahead: Australia Day

The week ahead ends with Australia Day on Friday and mostly production reports and a few corporate results locally in the first four days.

Jan 19 2018

Weekly Top Ten News Stories

Our top ten news stories from 11 January 2018 to 18 January 2018

Jan 19 2018

The Wrap: Health, Banks & Salary Packaging

Weekly Broker Wrap: Private health insurance; housing; banking; online; and salary packaging

Jan 19 2018


Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Jan 18 2018

Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

Jan 17 2018

Uranium Week: In Limbo

Short term the outlook for uranium remains uncertain while the world is trying to figure out what Kazakhstan’s production plans are.

Jan 16 2018


Weekly Top Ten News Stories

Our top ten news stories from 14 December 2017 to 21 December 2017

Dec 22 2017

Next Two Weeks At A Glance

A brief look at important company events and economic data releases next two weeks.

Dec 22 2017

Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Dec 21 2017


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THE MARKETS

    Click item/line to change chart

  • Australia

    21 January 2018   Updated : 17:12   AEDT

    SPI Overnight (Mar)

    5965.00

    0.00

    0.00%

    All Ordinaries

    6119.30

    -11.10

    -0.18%

    S&P ASX 200

    6005.80

    -8.80

    -0.15%

    S&P ASX 300

    5970.00

    -8.80

    -0.15%

    Consumer Discretionary

    2323.80

    +5.00

    0.22%

    Consumer Staples

    10101.30

    +87.70

    0.88%

    Energy

    10733.30

    -78.40

    -0.73%

    Financials

    6477.80

    -6.60

    -0.10%

    Health Care

    24571.40

    +137.00

    0.56%

    Industrials

    5728.00

    -0.90

    -0.02%

    Info Technology

    1000.90

    +7.10

    0.71%

    Materials

    11696.40

    -72.70

    -0.62%

    Telecommunication

    1286.20

    -15.60

    -1.20%

    Utilities

    7896.90

    -50.50

    -0.64%

  • Asia

    21 January 2018   Updated : 17:12   AEDT

    NZ50

    8289.960

    +17.290

    0.210%

    Nikkei 225

    23808.06

    +44.69

    0.19%

    Hang Seng

    32254.89

    +132.95

    0.41%

    Click item/line to change chart

  • Australasia

    21 January 2018   Updated : 17:12   AEDT

    AUD/USD

    0.7990

    -0.00

    -0.50%

    AUD/NZD

    1.0980

    0.00

    0.00%

    NZD/USD

    0.7280

    -0.00

    -0.55%

    AUD/JPY

    88.51

    -0.28

    -0.32%

    SGD/AUD

    0.95

    +0.00

    0.42%

    AUD/EUR

    0.6540

    0.00

    0.00%

    AUD/GBP

    0.5770

    0.00

    0.00%

  • World

    21 January 2018   Updated : 17:12   AEDT

    CAD/USD

    0.8000

    -0.01

    -0.74%

    EUR/JPY

    135.42

    -0.27

    -0.20%

    EUR/USD

    1.2220

    -0.01

    -0.41%

    GBP/USD

    1.3860

    -0.01

    -0.50%

    USD/JPY

    110.78

    +0.20

    0.18%

    Click item/line to change chart

  • World

    21 January 2018   Updated : 17:12   AEDT

    FTSE100

    7730.79

    +29.83

    0.39%

    DAX30

    13434.45

    +153.02

    1.15%

    DJIA

    26071.72

    +53.91

    0.21%

    S&P500

    2810.30

    +12.27

    0.44%

    Nasdaq Comp

    7336.38

    +40.33

    0.55%

    S&P500 VIX

    11.27

    -0.95

    -7.77%

    US 10-year yield

    2.639

    +0.028

    1.070%

    USD Index

    90.57

    +0.02

    0.02%

  • Aus Stocks

    21 January 2018   Updated : 17:12   AEDT

    BHP (UK)

    1613.80

    +18.00

    1.13%

    Rio (UK)

    4036.71

    +27.21

    0.68%

    BHP (US)

    49.65

    +0.32

    0.65%

    Rio (US)

    56.05

    -0.19

    -0.34%

    ResMed (US)

    88.68

    -0.11

    -0.12%

    South32 (UK)

    221.60

    +3.20

    1.47%

    James Hardie (US)

    17.28

    +0.13

    0.76%

    Telstra (US)

    14.37

    -0.14

    -0.96%

    Westpac (US)

    24.96

    +0.04

    0.16%

    Click item/line to change chart

  • Spot Metals & Minerals

    20 January 2018   Updated : 16:47   AEDT

    Gold (oz)

    1330.60

    +4.70

    0.35%

    Silver (oz)

    16.99

    +0.07

    0.41%

    Copper (lb)

    3.1752

    -0.02

    -0.53%

    Aluminium (lb)

    1.0077

    -0.01

    -0.61%

    Lead (lb)

    1.1725

    -0.01

    -0.91%

    Nickel (lb)

    5.7493

    +0.12

    2.08%

    Zinc (lb)

    1.5660

    +0.02

    1.12%

    Copper (t)

    7000.00

    -37.00

    -0.53%

    Aluminium (t)

    2222.00

    -14.00

    -0.63%

    Lead (t)

    2585.00

    -24.00

    -0.92%

    Nickel (t)

    12675.00

    +258.00

    2.08%

    Zinc (t)

    3452.00

    +38.00

    1.11%

    Iron Ore (t)

    74.85

    0.00

    0.00%

    Uranium (lb) weekly

    23.65

    -0.10

    -0.42%

  • Energy Futures

    20 January 2018   Updated : 16:47   AEDT

    West Texas Crude (Jan)

    63.51

    -0.44

    -0.69%

    Brent Crude (Feb)

    68.75

    -0.56

    -0.81%

    Henry Hub NatGas (Jan)

    3.19

    -0.06

    -1.85%

CALENDAR

Monday, 22 January 2018
MIR ex-div 3.5c
MQA quarterly report
Tuesday, 23 January 2018
JP BOJ policy decision
KAT ex-div 0.5c
RMD Quarterly results
TGP ex-div 21.01c
Wednesday, 24 January 2018
AU Skilled vacancies
EZ Markit Composite PMI
EZ Markit Manufacturing PMI
US Existing home sales
US Markit Manufacturing PMI

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$14.47

ARB ARB CORPORATION LIMITED

$17.42

CSL CSL LIMITED

$143.93

IVC INVOCARE LIMITED

$15.74

RHC RAMSAY HEALTH CARE LIMITED

$67.92

WEEKLY PDF

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WEEK 3

WEEK 51

WEEK 50

WEEK 49

WEEK 48

FNARENA TALKS

FNARENA TALKS

FNARENA WINDOWS

Window on MINING

Potential For Further Returns At South32

South32 has upgraded production guidance for South African manganese by 8% as it flexes output to take advantage of higher prices. The December quarter also revealed weakness at Worsley and Cannington.

Jan 18 2018


Window on CRUDE OIL

Analysts Predict More Resilient Oil Sector In 2018

As oil prices show resilience above US$60/bbl several brokers are confident that 2018 will be a more positive year for the energy sector.

Jan 18 2018


Window on WEALTH MANAGEMENT & INVESTMENTS

BT Investment Outlook A Little Less Rosy

BT Investment Management’s business made a solid start to FY18 although net outflows, largely from previously disclosed mandate losses, raise a few concerns regarding the outlook.

Jan 17 2018


FEATURE STORIES

Outlook For 2018: Global

2017 has been a remarkable year in global markets. Will it all come to an end in 2018? Or 2019? Brokers, economists and research houses offer their views.

Jan 17 2018