Foster Stockbroking

We provide a trading opinion for the Fairfax (FXJ) and Domain (DHG) demerger, taking place on Thursday 16th November 2017. It is likely to be a ‘wild’ day, with many variables impacting investor’s views on perceived ‘value’. The only certainty is a level of uncertainty. We have made a first... Show More

Foster Stockbroking

Updater Inc. is a US based technology company that has produced a software platform to improve the relocation process. It recently passed its 15% market penetration target, five months ahead of schedule, and follows quickly on the heels of an 11.7% market penetration announcement, some three weeks prior. Show More

Foster Stockbroking

Lynas is an integrated rare earth mining and processing operation with a rare earth mine in Mt Weld, WA, and a processing plant in Malaysia. It has diligently undergone significant technical improvements, and is now running reliable neodymium praseodymium (NdPr) oxide production of 5,200ktpa, prices of which have recovered sharply.... Show More

Foster Stockbroking

Heightened expectations of US growth are fading in light of no new economic data to suggest the promised fillip. The efforts of the new Trump administration continue to be frustrated on a number of fronts and cannot point to any meaningful progress so far (Obamacare repeal, debt ceiling, and other... Show More

Foster Stockbroking

9SP is an app store for Global SMEs. 9SP has met all major milestones since listing, with Barclays, Suncorp and Deloitte (UK/Aust) on its platform before Christmas. Most importantly Barclays are ramping-up promotional activity in mid-February. With all channels ‘live’ heading into Christmas, 9SP business development sales pipeline has experienced... Show More

Foster Stockbroking

Post FY16 results, markets reacted positively to BAL’s surprise results announcement and the share price gained more than 10% in two days. The management of BAL assured analysts during results conference call that BAL is fully prepared to meet the requirements of China’s new infant formula regulations and reiterated that... Show More

Foster Stockbroking

Randstad Sourceright is implementing LiveHire’s Talent Community for a cornerstone client. It is the company’s first customer via an RPO, and the first client building a Talent Community outside of Australia. Randstad’s client is a global technology company with over 100k employees globally. It has commenced implementation of its Talent... Show More

Foster Stockbroking

9 Spokes recommends the world’s best business software cloud applications for SMEs and integrates them into a smart dashboard, revealing key information on how their business is performing. 9SP has signed major clients, including Barclays, Deloitte and Suncorp (live in Q3 16 with $320k minimum monthly billings). We would not... Show More

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Foster Stockbroking

The US Dollar Index has rallied since late June. It has been driven by a robust US economy; polls favouring Clinton rather than Trump; the Fed adhering to its tightening stance; and abatement of Brexit fears. Exaggerated negative economic scenarios that were feared in the days immediately post Brexit have... Show More

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Foster Stockbroking

Updater’s (UPD) online platform provides movers with a seamless process to enable transferring of insurance contracts, utilities, forwarding of mail, updating of accounts and the many other tedious tasks associated with relocation. The typical mover wastes around 10 hours reaching out inefficiently to individual businesses currently to update their records... Show More