FINANCIAL NEWS
Rudi’s View: A Market Narrative Delayed
In this week's Weekly Insights: -A Market Narrative Delayed-Conviction Calls & Best Buys-Rudi Unplugged – The Video By Rudi Filapek-Vandyck,…
10:00 AM
The Overnight Report: Back To Business
With Middle East tensions now eased, Wall Street can concentrate on earnings results. S&P500 up 1.2%. (Available for non-subscribers after 10am)
9:01 AM
ASX Winners And Losers Of Today – 23-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 23 2024
Australian Broker Call *Extra* Edition – Apr 23, 2024
Extra Edition of the Broker Call Report
Apr 23 2024
Macquarie rates BXB as Outperform
Brambles reiterated guidanceat its update of 13-15% constant-currency earnings growth, but Macquarie has lowered its expectation to 13% from 14%.
Price was a driver of first half earnings growth but this diminished significantly in the March Q. Destocking in pool and white pallets limits organic growth, the broker notes.
The positive of the destocking cycle is the release of pallets saves on capex demands, Macquarie points out, improving cycle times and improving loss ratios thus Brambles' reiteration of the 8-10pts improvement in capex to sales, and strength in margins.
Outperform and $16.25 target retained,
Bell Potter rates C79 as Buy
Despite weaker deployments due to ongoing site-readiness challenges, 3Q revenue for Chrysos was in line with Bell Potter's forecast. Quarterly minimum monthly assay payments (MMAP) per average deployed unit rose by 10% quarter-on-quarter.
FY24 guidance for units deployed halved to nine, while $45m of revenue is expected, down from the prior $48-58m range. Earnings guidance for $8.5m falls within the prior $7-17m range.
While the unit deployment guidance is disappointing, the analysts point out $45m of revenue implies a continuation of elevated MMAP per unit in the final quarter of FY24, and good prospects for FY25.
The Buy rating is unchanged and the target falls to $7.60 from $8.30 to reflect lower unit deployments, lower unitised operating expenses and higher MMAP per average deployed unit.
Citi rates INA as Buy
Despite Lifestyle Communities ((LIC)) downgrading its full year volumes guidance recently, Citi reassures investors there are limited readthroughs from Ingenia Communities.
The broker highlights Lifestyle Communities is purely focused on Victoria, while Ingenia Communities maintains a national presence with only limited exposure to the Victoria market.
Citi anticipates 450 settlements from Ingenia Communities over the full year.
The Buy rating and target price of $5.30 are retained.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
BXB | BRAMBLES LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$15.63 22 Apr |
OPEN $15.64 |
HIGH $15.81 |
2,033,225 LOW $15.57 |
0.100| TARGET | |||
| $15.408 -1.4% downside | |||
| Franking for last dividend paid out: 35% |
| Title | FY24 Forecast |
FY25 Forecast |
|---|---|---|
| EPS (cps) | 89.6 | xxx |
| DPS (cps) | 48.7 | xxx |
| EPS Growth | N/A | xxx |
| DPS Growth | N/A | xxx |
| PE Ratio | 16.3 | xxx |
| Dividend Yield | 3.3% | xxx |
| Div Pay Ratio(%) | 54.3% | xxx |
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RUDI'S VIEWS
Rudi’s View: A Market Narrative Delayed
In this week's Weekly Insights: -A Market Narrative Delayed-Conviction Calls & Best Buys-Rudi Unplugged – The Video By Rudi Filapek-Vandyck,…
10:00 AM
DAILY MARKET REPORTS
The Overnight Report: Back To Business
With Middle East tensions now eased, Wall Street can concentrate on earnings results. S&P500 up 1.2%. (Available for non-subscribers after 10am)
9:01 AM
ASX Winners And Losers Of Today – 23-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 23 2024
Australian Broker Call *Extra* Edition – Apr 23, 2024
Extra Edition of the Broker Call Report
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The Overnight Report: Rebound
With Iran and Israel calling a draw, markets have rebounded sharply. S&P500 up 0.9%. (Available for non-subscribers after 10am)
Apr 23 2024
ASX Winners And Losers Of Today – 22-04-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Apr 22 2024
WEEKLY REPORTS
Uranium Week: From Russia Without Love
A global conference kept the uranium spot market quiet last week, but concerns continue to fester as to just when sanctions will be placed on Russian imports
Apr 23 2024
Weekly Update On LICs & LITs – 23-Apr-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Apr 23 2024
Australian Listed Real Estate Tables – 22-04-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Apr 22 2024
Weekly Ratings, Targets, Forecast Changes – 19-04-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Apr 22 2024
In Case You Missed It – BC Extra Upgrades & Downgrades – 19-04-24
A summary of the highlights from Broker Call Extra updates throughout the week past
Apr 19 2024
Weekly Top Ten News Stories – 19 April 2024
Our top ten news stories from 11 April 2024 to 18 April 2024
Apr 19 2024
Next Week At A Glance – 22-26 Apr 2024
A brief look at important company events and economic data releases next week
Apr 19 2024
In Brief: Made In Australia, Insurance & Groceries
Weekly Broker Wrap: beneficiaries of the Future Made in Australia Act; rising excesses for general insurers; plus impacts of grocery market inquiry
Apr 19 2024
The Short Report – 18 Apr 2024
FNArena’s weekly update on short positions in the Australian share market
Apr 18 2024
THE MARKETS
-
Australia
24 April 2024 Updated : 10:12 AEDT
SPI Overnight
7725.00
+27.00
0.35%
NZ50
11833.480
+30.200
0.260%
All Ordinaries
7936.80
-1.10
-0.01%
S&P ASX 200
7714.70
+31.20
0.41%
S&P ASX 300
7665.80
+30.70
0.40%
Communication Services
1527.50
+13.70
0.91%
Consumer Discretionary
3446.20
+24.20
0.71%
Consumer Staples
11977.70
+30.80
0.26%
Energy
10395.70
+60.30
0.58%
Financials
7281.30
+70.90
0.98%
Health Care
42401.20
+474.20
1.13%
Industrials
7031.70
-11.70
-0.17%
Info Technology
2192.00
+22.30
1.03%
Materials
18005.30
-152.30
-0.84%
Real Estate
3558.10
+27.20
0.77%
Utilities
8795.60
+20.00
0.23%
A-REITs
1615.80
+12.60
0.79%
All Technology Index
3040.40
+32.90
1.09%
Banks
3018.90
+30.10
1.01%
Gold Index
7568.70
+62.00
0.83%
Metals & Mining
5911.50
-60.80
-1.02%
-
World
24 April 2024 Updated : 10:12 AEDT
CAD/USD
0.7319
+0.00
0.32%
EUR/JPY
165.64
+0.58
0.35%
EUR/USD
1.0701
+0.00
0.37%
GBP/USD
1.2451
+0.01
0.71%
USD/JPY
154.79
-0.03
-0.02%
-
Aus Stocks
24 April 2024 Updated : 10:12 AEDT
Amcor (US)
8.98
-0.05
-0.55%
Newmont (US)
37.71
+0.25
0.67%
Rio Tinto (UK)
5319.66
-66.34
-1.23%
BHP Group (US)
58.70
+0.19
0.32%
Rio Tinto (US)
66.64
-0.56
-0.83%
ResMed (US)
184.22
+3.84
2.13%
South32 (UK)
171.10
-4.20
-2.40%
James Hardie (US)
35.56
+1.13
3.28%
Janus Henderson (US)
31.84
+0.59
1.89%
Click item/line to change chart
Click item/line to change chart
CALENDAR
Wednesday, 24 April 2024
NZ trade balance, Mar AU CPI, Q1 EZ Germany IFO investor confidence, Apr US durable goods orders, Mar ALX quarterly report BPT quarterly production report FMG quarterly production report IFL quarterly report KAR quarterly production report LYC quarterly production report MIN quarterly production report PRU quarterly production report RED quarterly production report ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$33.83
CSL CSL LIMITED
$278.97
REA REA GROUP LIMITED
$181.67
TNE TECHNOLOGY ONE LIMITED
$16.22
WOW WOOLWORTHS GROUP LIMITED
$31.95
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FNARENA TALKS
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FNARENA WINDOWS
Window on URANIUM
Uranium Week: From Russia Without Love
A global conference kept the uranium spot market quiet last week, but concerns continue to fester as to just when sanctions will be placed on Russian imports
Apr 23 2024
Window on WEALTH MANAGEMENT & INVESTMENTS
Weekly Update On LICs & LITs – 23-Apr-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Apr 23 2024
Window on MEDICAL EQUIPMENT & DEVICES
Dr Boreham’s Crucible: 4D Medical
The New Criterion’s Tim Boreham uncovers the potential of 4D Medical in the USA
Apr 23 2024
SMSFUNDAMENTALS
SMSFundamentals: Inflation Beats Covid, Markets As Retirement Influencer
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Nov 29 2023