ASX:AZJ

See what The CEO's thought of the Domestic Economy, Chinese Manufacturing and Agriculture this week

NAOS Asset Management

“The Melbourne, Sydney and Brisbane economies are performing very strongly, driven a lot on the back of the infrastructure spend and now the pickup in sentiment. The pipeline of infrastructure projects continues to build” Scott Charlton, CEO, Transurban Show More

High-yield bonds and investment-grade bonds: How to balance them

Elizabeth Moran

High yield bonds are tempting but come with greater chances something could go wrong. This wire gives some tips in getting the balance right between high yield and investment grade, and displays a sample portfolio for both strategies. Show More

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Where to find opportunities in large companies

Clime Asset Management

There is so much confusion about the stocks in the ASX’s large-caps index, the ASX 50. Some investors see them as ‘blue-chips’ by virtue of their size and longevity, and thus see them as long-term portfolio holds. Others think the ASX 50 is largely useless: a motley, concentrated index of... Show More

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First Impressions from reporting

Bell Potter

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Bendigo and Adelaide Bank (BEN), JB Hi-Fi (JBH), Aurizon Holdings (AZJ) and Ansell (ANN), with links through to more detailed reports. Show More

ASX:ANN ASX:BEN ASX:JBH ASX:AZJ August 2017 Reporting Season

First Impression: Aurizon Holdings (AZJ)

Bell Potter

Underlying EBIT: Below Rail (Network) up 20% $295m; Above Rail up 18% to $219m. | Net operating cash flow up 19.7% to $625m. | 1HFY2017 Operating ratio 72.6% as compared to 77.6% in pcp. | $64m of benefits delivered, $195m since 1 July 2015; on track to achieve $380m three-year... Show More

ASX:AZJ February 2017 Reporting Season

Livewire Reporting Roundup

Livewire Exclusive

The Livewire Reporting Roundup is a new and exclusive weekly series carefully crafted to bring Livewire readers the best exclusive insights and investor resources throughout reporting season. We’ve invited 7 professional stock pickers to nominate their standout company results from the past week with responses from Regal Funds, K2 Asset... Show More

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Feb 2017 Reporting Season Calendar

Bell Potter

The Bell Potter reporting calendar covers 210 companies for the February period, as well as several in March, and highlights reporting dates, period reported, NPAT (consensus and Bell Potter estimates) and our analyst recommendation for the stock. The pace is increasing, with 16 reporting on Monday and Tuesday alone. Livewire... Show More

Alarm Bells Ringing – How to navigate a results season punctuated by profit warnings

Marcus Padley

OzForex (OFX) and GBST (GBT) have both had profit warnings - both are down 19% in a day. Aconex (ACX) fell 45% in a day on a profit warning earlier the same week. It is a $1.1bn stock (was $2bn). The alarm bells are ringing. In the same week, we... Show More

Buy Hold Sell: Resources on a run

Buy Hold Sell

This time last year the outlook for resources companies was dire. Tepid demand for commodities and a stumbling Chinese economy were just a few of the factors placing the sector under immense pressure. Management teams were forced to find operating efficiencies and as the outlook gradually improved a leaner set... Show More

ASX:FMG ASX:MAH ASX:NCM ASX:AZJ Longform ASX:S32 ASX:DRM

Sifting for value in resources and mining services

Buy Hold Sell

It has been the surprise story for 2016. A bottoming in commodity prices triggered an aggressive bounce in resources stocks and the services companies exposed the sector. The moves were so swift that many investors haven’t participated in the gains. As Steve Johnson quipped earlier this year, “It is uncertainty... Show More

ASX:MLD ASX:AZJ

Aurizon Full Year Result - AZJ missed expectations due to large impairment costs

CommSec

Rail freight operator Aurizon’s (AZJ) profit fell by 88% over the year. The result was impacted by impairments totalling $528million For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More

Aurizon Holdings Limited ASX:AZJ August 2016 Reporting Season

First Impression: Aurizon-AZJ- FY16 Result

Bell Potter

Net operating cash flow down 2% to $691.8m. Operating costs decreased 12% with $131m transformation benefits and $53m reduction in fuel price (Transformation benefits ahead of target, $383m over last three years). Operating Ratio (OR) 74.8% as compared to 74.3% in FY15 and our forecast of 74.9%. Show More

ASX:AZJ August 2016 Reporting Season

Aurizon looks set to achieve longer-term targets

Andrew Stanley

Following a pull-back in the share price, we added Aurizon (ASX:AZJ) to the portfolio. AZJ has two key divisions: above-rail and below-rail assets. The above-rail assets are focused on coal haulage for key miners with long-dated take or pay contracts to move thermal and metallurgical coal from mines to port.... Show More

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Aurizon Half Year Result - Another tough year for AZJ as falling commodity prices hit

CommSec

Aurizon Holdings (AZJ) posted a $108m half year loss, hit by higher than estimated impairment charges totalling $426m For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More

commsec reporting season Aurizon Holdings Limited ASX:AZJ

Stocks and strategies for a stormy market

Livewire Exclusive

In a recent note the research team at Morgans outlined why they believe a cautious approach is warranted in the current reporting period. The broker highlighted four factors that suggest risks are likely skewed to the downside. These are 1) Factset consensus forecasts that show robust industrial earnings have been... Show More

Daily AGM Note 12 November 2015 - a first strike at Zeus Resources

Avatar fallback

A big day for All the Majors AGMs and while the ASX 100 AGMs appear to be fine, some smaller AGM results are interesting - Comet Resources Limited, Rubicor Group, Regis Resources, Novogen and Emerchants Limited. Emerchants vote of interest is on the ASX Listing Rule 7.1A resolution for an... Show More

Week ahead in AGMs: 9-13 November 2015

Avatar fallback

This is the first of the three big AGM weeks. AGMs next week include Recall Holdings, Asciano, Bendigo and Adelaide Bank, Aurizon Holdings, Ramsay Health Care, Wesfarmers, Mirvac, Lend Lease. Details on these AGMs and more in the Week Ahead in AGMs note for next week https://subscriber.theexecutiveremunerationreporter.com.au/archives/13276 Show More

Aurizon Full Year Result - NPAT & dividend stronger but more work to be done

CommSec

Aurizon Holdings Limited (AZJ) has posted a slight decline in revenue. However, underlying profit rose by a solid 139% . For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More

reporting season Aurizon Holdings Limited ASX:AZJ

Full Year Profit Report: Aurizon Holdings (AZJ) - Dividend slightly above our estimates

Bell Potter

Aurizons coal volumes were 211.2mt as compared to 210 mt FY14 (down 1% in QLD, NSW steady), Iron ore down 14% to 25.6mt due to end of 2 customer contracts, and Freight volumes down 1% to 46mt. Group’s operating segment: Networking up 17% to $484m, Commercial & Marketing down 2%... Show More

reporting season ASX:AZJ

We remain cautious and selective

Investors Mutual

The ongoing low interest rate environment and stimulus measures from several leading Central Banks continue to encourage investors into equity markets despite many imbalances in the global economy. We thus remain cautious and selective and continue to position our portfolios defensively, holding quality stocks which in our view are trading... Show More

australian equities Aurizon Holdings Limited ASX:AZJ