At the start of last week clients picked up Australian Agricultural Company Limited (ASX:AAC), with the share price adding around 10% since - last at $1.88. The company released results showing net profit after tax at $67.8 million, increasing nearly seven times on the previous financial year, kilograms of beef... Show More
Chevron has had two assets in Nigeria attacked by militants in a week, the latest yesterday. Also on Friday, Exxon Mobil declared force majeure on exports of Nigeria's largest crude grade as production had been curtailed following damage to a pipeline by a drilling rig. Chevron isn’t the only major... Show More
A well-known trading adage that warns investors to sell their holdings in May to avoid a seasonal decline in equity markets. While March and April are normally positive months for Australian equities, May and June are the two worst months of the year, with an average fall of more than... Show More
Commodities, precious metals and natural resources have soared in the last few weeks. Oil’s resilience, a lower $USD and supportive economic data out of China are making headlines as the key catalysts for the moves, but what investors really need to take note of is a wave of trading on... Show More
Last week we saw a flood of Chinese data providing evidence that the world’s second-largest economy is stabilizing, with the improving economic data fueling a surge in raw material prices. In the last week the Shenzhen Composite registered a new Bull Market 20% signal, BHP put on 19%, Fortescue added... Show More
For the last few weeks we have been calling the recent market strength as nothing but a short term counter trend rally, forecasting a bearish longer-term road ahead. A great indicator that a short term high is approaching is the recent moves on the CBOE Equity Put/Call ratio. As shown... Show More
The U.S. S&P500 is up 9.7% in the 14 trading days since its February one year low, amazingly only 7% from all-time highs. Technically an 8% plus rally from a 1 year low is generally a bearish set-up and has been more likely to occur in an ongoing Bear Market... Show More
ASX Investment video: Anchoring, FOMO & under-reacting - your mind can be your own worst enemy when it comes to investing success. Learn why your emotions are as important as your company research when investing. Show More
In the first week of January I spoke with Swiss financial television station Dukascopy TV about early 2016 volatility, how large market moves are shaping investor confidence for the year ahead, alternative ways to generate capital growth from financial markets this year and likely uncertainty within controlled markets such as... Show More
Shares in IAG, Suncorp and QBE could come under pressure this week as the listed Australian insurers begin assessing their exposure to bush fires that destroyed more than 100 homes on Victoria's Great Ocean Road on Christmas Day, this alongside floods in the Northern Territory and damaging storms along the... Show More
Ferrovial is proposing all cash to investors at a 59% premium to Fridays closing price. Show More
An overlooked detail that could unravel what is left of the share price is found on page 57 of the 2015 Slater & Gordon annual report - the employee share scheme. It details an employee ownership plan where management select eligible executives and give them a significant stake in the... Show More
I spoke with Swiss financial television station Dukascopy TV about geopolitical event uncertainty, Australian AGM season and how can investors be smarter in their stock selection. Over the last 20 years, big positions in traditional Australian blue chip stocks have been rewarding for investors. BHP Billiton Limited and Rio Tinto... Show More
National Vet Care Ltd (ASX:NVL) is listing on the ASX and raising around $40m to acquire 35 vet clinics. Differentiated from Greencross Ltd (ASX:GXL) on the basis that it does not intend to acquire retail operations or develop proprietary brands. This will provide investors a pure exposure to higher margin,... Show More
A big theme moving forward will be stocks with higher $USD/lower $AUD exposure and beneficiaries of higher U.S. interest rates. The perfect play for this is QBE. Generating earnings in $USD and a good chunk of profit from a conservative investment portfolio for the cash it holds, meaning any increase... Show More
Sectors that have run strongly on rate cut thinking may ease. My view is that the “yield play” has run its course and now is the time to look for high quality growth stocks. The telecommunication industry consolidation, and the trades to be had. Stocks with exposure to mergers, acquisitions... Show More
A banking wrap following last week’s reporting and the RBA cutting the official cash rate to 2.0%. WBC had a soft 1H15 result, with cash earnings of $3.778b around 2% below consensus. We downgraded our forecasts by 1.5%, 3%, and 4% for 2015-2017 and lowered our Price Target from $35.10... Show More
The battle to become the country's second largest fixed broadband provider is heating up as the Australian Financial Review reports M2 Group Ltd (ASX:MTU) has entered a $1.5 billion bid for iiNet Limited (ASX:IIN). Deal aside, what needs to be remembered is this situation is now about being the second... Show More
A lack of fresh capital, stretched valuations, potential poor overseas leads - investors should never take things for granted. The well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets is starting to make chatter around the traps. There... Show More
Hi Gareth, a pure trading opportunity. A considerable amount of the register is short and new all-time highs means every short seller will be losing money, underwater and under pressure to cover.
For the first time in four months Australian retail sales beat expectations last week too.
Cash earnings $6.498bn (consensus $6.428bn, so +1.1%), margins 2.22% (consensus 2.22%), revenue up 3.0%, costs down 3.3%, bad debt charge $1,197 (consensus $1,209), H2 dividend 91 cents (I had 87 cents). Deposit growth 12%, loan growth 10%. Core Equity Tier One +47bps to 8.5%. Australian business profit +11%, International & Institutional +15%, NZ profit +29%, Wealth +36%.\r So all looks pretty good, slightly ahead, dividend stronger, margins in line with expectations.\r Briefing 10am.
o I think there is a good trading opportunity in BSL. Yesterday we saw Non-Executive Director at BlueScope John Bevan announce on market he picked up $50,000 worth of stock, Credit Suisse has an Outperform rating with a $6.40 price target and Goldman Sachs Global Investment Research released a note yesterday quoting 42% of their global Investment Banking Relationships rate BSL as a BUY. From to current levels to around $6.00 is a smooth 10% return, last trading at 5.40.
I think there is a good trading opportunity in BSL. Yesterday we saw Non-Executive Director at BlueScope John Bevan announce on market he picked up $50,000 worth of stock, Credit Suisse has an Outperform rating with a $6.40 price target and Goldman Sachs Global Investment Research released a note yesterday quoting 42% of their global Investment Banking Relationships rate BSL as a BUY. From to current levels to around $6.00 is a smooth 10% return, last trading at 5.40.
Buy the rumour sell the fact!
What a great day to list, the market is up 44 points breaking a 5 day losing streak. Let's see how the price looks at 4:10pm.
That's how you do a raising!
The languishing share price is surprising, Australian Agricultural Company has immense property assets and a world ranking as a well-managed agribusiness utilizing scientifically based best practice standards. As trade agreements with Asian countries Japan, South Korea, Singapore, and perhaps China are good news for Australia's agriculture sector and in particular for AAC, this is a good example of an event based catalyst for a technical trade. AAC was up 5% yesterday and is matching up 1% today.
The result last week highlighted a strong performance from BKW's building products division which offset declines in its property and investment arms. I think the worst is behind BKW, significantly higher earnings are expected from the building products division in second half results and the company noted Overall, full year earnings will comfortably exceed the year earlier figures. Get long.
The major investment in Washington H. Soul Pattinson (ASX: SOL) provides non-cyclical diversification. This investment of 43% in Washington H. Soul Pattinson has provided a stabilizer to the often unpredictable Building Products Group. Therefore, as a diversified business, Brickworks is less exposed to market volatility, enabling long term strategic decisions to be made.
Northern Star Resources Ltd (ASX:NST) is one company reporting today to watch today as well.
There are high barriers to entry in this space - specialist and emergency vet centres stand to benefit from the increasing technological advances that have occurred in veterinary medicine which require expensive specialised equipment and facilities....
The number of registered Veterinarians have grown by 73% over the decade with numbers to exceed 11,000 in FY 2013!
Hi Alex, feel free to drop me a email or a quick call and I can give you some details.
This month: 360 Capital Industrial Fund (TIX), BT Investment (BTT), Westpac (WBC), Leaf Energy (LER), Stockland (SGP), Amcor (AMC), Vision Eye Institute (VEI) - please contact me on (02) 9238 1339 if anyone would like more information or is interested in attending.