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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

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

Pilbara Minerals has negotiated the sale of run-of-mine ore from Pilgangoora and brokers welcome the deal as an opportunity to generate some cash while the project is developed.

Dec 21 2017

Caltex has guided to softer than expected profit for 2017 but brokers agree the key issue for 2018 will be the reaction from BP/Woolworths to the ACCC decision.

Dec 21 2017

Previous Stories

What Next For the BP/Woolworths Fuel Deal?

Dec 15 2017

The ACCC has opposed BP’s proposed acquisition of the Woolworths petrol business. Brokers suggest a capital return for Woolworths is now less likely and Caltex is less likely to lose -$150m in earnings.

What Will ANZ Do With Its Surplus Capital?

Dec 13 2017

ANZ Bank has sold its life insurance operations to Zurich Financial. Most brokers consider the price reasonable and speculate about the use of the proceeds.

AWE In Play

Dec 12 2017

Oil and gas explorer AWE has landed a second bid in as many days, with Mineral Resources revealing its hand with an all-scrip offer.

Brokers Keen On Cleanaway-Tox

Dec 12 2017

Cleanaway Waste Management intends to acquire Tox Free Solutions, consolidating Australia’s waste management industry, and brokers are largely positive about the merger.

Cost Pressures Mount For South32

Dec 12 2017

Cost pressures are mounting for miner South32 but so far higher commodity prices have enabled margins to increase across the operations.

Brokers Neutral On IAG Deal

Dec 11 2017

Insurance Australia Group has done another quota share deal, this time with a group of reinsurers. Brokers suggest the advantages are already factored into the stock.

ASX’ Blockchain A Long Term Play

Dec 08 2017

ASX has decided to replace its CHESS system with a distributed ledger technology. While this has potential to create new revenue opportunities, broker suggests it will be some time before these become evident.

Housing Demand To Ease In Major Centres

Dec 07 2017

Demand for new houses and land across the major centres of population in Australia is likely to start easing, BIS Oxford Economics suggests.

Capital Return On The Cards For Metcash

Dec 05 2017

Metcash has a net cash position and will contemplate capital management. Nevertheless, brokers have mixed views on the ability to turn around the supermarkets business.

Buying Opportunity Presents In G8 Education

Dec 05 2017

A slump in occupancy and higher costs have driven G8 Education to downgrade earnings. Many brokers consider the drop in the share price presents an opportunity.

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