ASX:DOW

Earnings going up for Downer

Vince Pezzullo

Downer EDI Ltd (DOW) provides engineering, construction and asset management services to customers operating in a variety of market sectors including minerals and metals, oil and gas, power, road and rail infrastructure, telecommunications, utilities and facilities management. Show More

ASX:DOW ASX:PIC

See what The CEO's thought of Tourism, Vitamins and Commercial Property this week

NAOS Asset Management

“Currently less than 10% of Chinese nationals actually hold a passport, and that's a population of 1.3 billion. The opportunity for tourism in New South Wales and Australia is massive” Geoff Culbert, CEO, Sydney Airport Show More

Does the market get it right day 1?

Richard Coppleson

Last reporting season, stocks that “beat” were up +3.10% on the day, and then added an extra +13% to be up +15.7% 4 mths after reporting. The ASX 200 rallied +6.2% over this same time. These stocks had a “lower short interest” at 2.1%, versus 3.1% for the misses. The... Show More

Earnings Chicanery - Part Two on how companies "dress up" their results

Hugh Dive

Last week in part one of Atlas’ surprisingly popular series on financial statement trickery - Earnings Chicanery, we looked at the three financial statements and some measures a company can take to “dress up” their financial results. In part two we are going to build on this and take a... Show More

ASX:AMC ASX:DOW ASX:WOW ASX:SGH ASX:CIM

What mattered today on the market

James Gerrish

The market was bid up strongly early on today however weakness crept in throughout Asia and we saw the local index tickle up against key resistance just above 6000 for the ASX 200. It simply feels like the current momentum in the mkt simply isn’t strong enough to see it... Show More

ASX:DOW ASX:MQG ASX:TLS tls mqg ASX:BTT DOW

Australia’s infrastructure boom is coming

Patrick Poke

As the housing construction boom comes to an end, the obvious question for investors is ‘where next?’ One potential opportunity lies in transport infrastructure construction, which is poised to double over the next few years. Between roads and rail, annual spend is expected to increase to $16B by 2020. Show More

Join the conversation

Here's what we learned from leading CEOs this week

NAOS Asset Management

"I'm a brand guy and Australia is an awesome brand. One of the biggest opportunities for innovation and brand-building in the future is food. And living in Australia, you are leading this opportunity more than anybody else. You're sitting on a gold mine” Hamdi Ulukaya, Global CEO, Chobani Yoghurt Show More

First Impressions from Reporting: CTX, SCO, DOW

Bell Potter

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Caltex Australia (CTX), Scottish Pacific Group (SCO) and Downer EDI (DOW) with links through to more detailed reports. Show More

ASX:CTX ASX:DOW ASX:SCO August 2017 Reporting Season

CommSec: Woolworths and the Amazon threat

Matthew Haupt

This week I sat down with Tom Piotrowski from CommSec to discuss Wilson Asset Management’s large cap LIC, WAM Leaders . In addition, I discuss the Australian insurance market, Woolworths and the Amazon threat, local infrastructure and the strengthening US dollar. Show More

Downer unfairly sold down

Wilson Asset Management

Over the past six to nine months, small-cap companies have underperformed relative to their large-cap peers by 11%. Although a number of large-cap companies have seen their PE multiples expand over this period, we believe a significant component of this underperformance is due to an estimated $4-5 billion being stripped... Show More

ASX:CCP ASX:DOW ASX:WEB ASX:NCK ASX:SPT

5 Oversold Small Caps

Livewire Exclusive

Livewire reached out to a group of small cap portfolio managers to ask for a stock that has been unduly sold down as part of a sector de-rating, rather than company specific issues. Their selections specifically highlighted the value now present in retail, mining services and infrastructure. Show More

Infrastructure is the hottest ticket in town

Colonial First State Global Asset Management

Alternative managers are continuing to see increased interest from traditionally conservative clients and it seems infrastructure is the hottest ticket in town. With President Trump’s (still unannounced) plans to drive over $1trn of infrastructure investment in the US, China pledging over US$100bn in investment for “One Belt One Road”, Blackstone... Show More

ASX:ABC ASX:BLD ASX:CSR ASX:DOW ASX:FBU ASX:JHX

Positioning for a 15-year upswing in US housing

Livewire Exclusive

Nathan Bell, Head of Research at Peters MacGregor, believes the US housing cycle is in the early stages a sustained upswing. In this video he outlines the data supporting his view and shares one way he is investing in the trend . Show More

ASX:BLD ASX:DOW ASX:FBU ASX:JHX

Downer EDI Half Year Result - DOW’s profit rises with an improved full year outlook

CommSec

Engineering and service provider Downer EDI has reported a first half net profit after tax (NPAT) of $78.2 million, an increase of 8.5% on the previous corresponding period For more Reporting Season coverage, visit https://www.commsec.com.au/reportingseason Show More

earnings Downer EDI Limited ASX:DOW February 2017 Reporting Season

First Impression: Downer EDI (DOW) 1H17

Bell Potter

Divisional EBIT: Transport Services up 31% to $41.4m (strong performance and the successful integration of the RPQ acquisition.), Technology and Communication up 53.9% to $21.7m (strong Aus and NZ), Utility Services down 8.8% to $20.8m(lower than expected profit from the Ararat wind farm project), Engineering Construction and Maintenance up 31.6%... Show More

Downer EDI ASX:DOW

Daily AGM Note, Thursday 3 November 2016

Avatar fallback

A first strike at Boral and no second strike at Downer EDI. The Daily AGM note is available and this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16318 It is updated through the day and into the evening as results come through. Show More

Reporting season – the hits & misses so far

Marcus Tuck

At the halfway mark of the Australian profit reporting season, Goldman Sachs released a report analyzing the results so far. They conclude that there is no more bad news than normal but there are far fewer positive surprises. At the time of the report, 92 ASX 200 firms had reported... Show More

Downer EDI Half Year Result - DOW reports another slide in profit

CommSec

Australian based mining engineering and services firm Downer EDI reported another slide in profit, down 25%, for the 6 months till the end of December 2015 For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More

earnings commsec reporting season Downer EDI ASX:DOW

First strike against the Remuneration Report at Downer EDI Limited and at Macmahon Holdings

Avatar fallback

Shareholders delivered a first strike against the Remuneration Report at Downer EDI's AGM and at Macmahon Holdings AGM. Macmahon faced down a second strike at its 2013 AGM, so is no stranger to the two strikes regime. Worth noting are the differences in voting for the NED elections between Downer... Show More

Week ahead in AGMs: 2-6 November 2015

Avatar fallback

Usually a quiet week in terms of the number of key AGMs and this year is no exception. That said, Downer EDI, Boral, Echo Entertainment Group, Fairfax Media and Perpetual have AGMs in this week. The Week in AGMs note takes a look at resolutions we've recommended voting against, identifying... Show More