ASX: CYA

Wilson Asset Management weekly: Star Entertainment Group and Pacific Current Group

Chris Stott

The S&P/ASX All Ordinaries Accumulation Index closed flat for the week. On Wednesday, the Australian Bureau of Statistics announced the second-quarter financial year consumer price index (CPI) was left unchanged at 1.8%, falling well below economists’ expectations and lowering the probability of the Reserve Bank of Australia increasing its cash... Show More

Wilson Asset Management weekly: China to drive Australian growth, Origin and Superpharma

Chris Stott

The S&P/ASX All Ordinaries Accumulation Index closed relatively flat for the week and finished the first quarter of the financial year up 1%. On Tuesday, the Reserve Bank of Australia (RBA) Assistant Governor (Financial System) Michele Bullock said the central bank will continue to consider the heightened level of household... Show More

Wilson Asset Management weekly: Insights from the CLSA conference in HK, Seven Group Holdings and CBA

Chris Stott

The S&P/ASX All Ordinaries Accumulation Index closed down 0.2% for the week. Minutes from the Reserve Bank of Australia’s (RBA) meeting released on Tuesday suggested that reduced demand for steel production in China would indicate downside risks to the current iron ore price. We note that the Australian market is... Show More

Incitec Pivot upgrades

Matthew Haupt

On Tuesday, chemical agriculture company Incitec Pivot Limited (ASX: IPL) received an upgrade to its debt rating. We believe fertiliser prices have bottomed and combined with the debt re-rating, the company will generate solid earnings and improve its balance sheet. Shares in Incitec Pivot closed up 7.0% for the week.... Show More