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Latest Stories

Sales growth for the Brambles’ CHEP business reflected strong price realisation and customer expansion in the US, but the critical issue for brokers is easing cost inflation.

Apr 18 2019

Cochlear has launched its MRI-compatible implant but brokers do not expect the new product will impact revenue and market share until FY20.

Apr 17 2019

Elevated inventory persisted over the March quarter amid falling sales for Blackmores, which has recognised the need to reposition its business to better cater for the Chinese market.

Apr 17 2019

The first quarter can be soft for seasonal reasons and mineral sands producer Iluka Resources has assured the market that sales remain in line with historical averages.

Apr 17 2019

Previous Stories

Carrapateena Still Key To OZ Minerals

Apr 15 2019

Despite weak production outcomes in the March quarter, Carrapateena is expected to provide OZ Minerals with a positive catalyst when production starts later in the year.

Bank of Queensland Beset By Problems Of Scale

Apr 12 2019

Bank of Queensland sustained no growth in its home loan book in the first half and its retail bank continues to struggle. Brokers suggest the absence of a permanent CEO has hindered development of a definitive strategy.

FNArena Corporate Results Monitor

Apr 12 2019

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Sims Metal Turning Waste To Energy

Apr 10 2019

Sims Metal has highlighted the increased value of the material in waste streams, flagging a significant diversification from its core scrap metal business.

Slim Pickings In Automotive Holdings Offer

Apr 09 2019

A combination of AP Eagers and Automotive Holdings will provide a competitive advantage, brokers agree, against smaller fragmented competition. Yet, AP Eagers is offering a minimal premium.

Confidence In Costa Reinvigorated By Berries

Apr 09 2019

Several brokers suspect they are being conservative regarding the potential of the berry plantations Costa Group is developing in China.

Separating Malt Appeals To GrainCorp

Apr 08 2019

Separating out GrainCorp’s malt business has its appeal, brokers acknowledge, but the devil is likely to be in the detail for the remaining integrated grains & edible oils.

Bank Woes Unlikely To Abate Soon

Apr 05 2019

The pressure on bank margins is unlikely to abate soon and brokers find it difficult to be overly positive about the sector.

Fortescue’s Iron Bridge To Underpin Blend

Apr 03 2019

The Iron Bridge magnetite project has strong economics, brokers acknowledge, but this depends heavily on Fortescue Metals obtaining a significant premium to benchmark pricing.

Incitec Pivot Issues Brushed Aside

Apr 03 2019

Incitec Pivot has provided further detail on the financial impact of the myriad problems impacting in FY19. These are mostly considered one-off issues and a better FY20 is expected.

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