ASX:GMG

Where to find opportunities in large companies

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

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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Solid reporting season for AREITs

Pat Barrett
Pat Barrett UBS Asset Management

It was a solid reporting season for AREITs, with improvement in most key metrics and positive outlooks. The good news was the continuing strong demand for quality real estate, that saw asset values / NTA's rise, plus the strength of the Sydney and Melbourne office markets. A challenging retail outlook... Show More

ASX:CHC ASX:CMW ASX:GMG ASX:IOF ASX:ARF ASX:GDI ASX:IDR

Are the supermarkets a better bet than their landlords?

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Both areas of the market offer reasonable yields, the Supermarkets are fully franked, the landlords aren’t however the main question should be around earnings and importantly, the outlook for those earnings over the foreseeable future. Show More

First impressions from reporting: FMG, GMG, BXB

Bell Potter
Bell Potter Stockbroker

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including GMG Group (GMG), Fortescue Metals (FMG) and Brambles (BXB), with links through to more detailed reports. Show More

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Here's what we learned from leading CEOs this week

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC, ASX: NSC

As part of the NAOS investment process, we pay particular attention to the comments made by company CEO’s and business leaders in order to gain a greater understanding of the current investment environment and key trends that may be emerging. Below are quotes from the week which in our view... Show More

ASX:GMG ASX:ILU ASX:SGP ASX:WOW ASX:NAC ASX:TPW ASX:NCC

The key isssues for FY18

Alex Moffatt
Alex Moffatt Joseph Palmer & Sons

In this report from Malcolm Palmer, Managing Partner of Joseph Palmer and Sons, he reviews the financial year gone, and looks to the year ahead, including how and when the post-GFC multi-trillion dollar stimulus process ends, and what it means for markets... Show More

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Party like it is 2007???

Hugh Dive
Hugh Dive Atlas Funds Management

The Australian listed property sector has performed solidly over the past five years, climbing its way out of the depths of despair reached in March 2009. As many investors clearly recall, that the sector fell 70% between September 2007 and March 2009 as many over-geared trusts struggled to refinance debt,... Show More

ASX:GMG ASX:IOF ASX:SCP ASX:WFD

Quality Is Making A Come-Back

Rudi Filapek-Vandyck

Look closely, and investors will see that quality stocks are making a comeback after being left by the wayside in the Trump-inspired reflation trade last year. CSL is trading around $128. Ramsay Health Care is back around $70. Amcor is well above $15, and InvoCare is approaching its all-time high... Show More

The Only Australian Value REIT

Nicholas Sproats
Nicholas Sproats Fortius Funds Management

Heather Ridout (Australian Super Chairperson) has been banging the table on gender diversity at the board level of Australian companies, and right she should. Only 22% of Australia’s top 200 listed companies have women on their board – not a majority, not the Chair, just at least one – and... Show More

Don’t get hung up on property 'headwinds'

Nicholas Sproats
Nicholas Sproats Fortius Funds Management

We constantly hear about the headwinds facing retail property. The headwinds, the headwinds, oh the headwinds – it’s like Tim Bailey got caught on loop. Lets face it, there aren’t many businesses that aren’t operating in headwinds - it’s called competition, it’s called capitalism – and for all those pedalling... Show More

AREITs outperform the market in Feb

Pat Barrett
Pat Barrett UBS Asset Management

It's clear that the broader market appreciated the stability of real estate earnings during reporting season, with the AREIT sector delivering a +4.1% return over February vs +2.3% for the ASX 200. This week we "mopped up" our affairs with a series of management meetings. It was a good reporting... Show More

5 top wires last month

Alex Cowie
Alex Cowie Livewire Markets

In case reporting season kept you busy, we've summarised five top wires in February for you. Peter Quinton’s top ten picks for 2017, our fund manager earnings results review, and Buy Hold Sell with ‘Quality stocks on sale’ all deliver useful stock ideas. On big picture thinking, we bring you... Show More

It's no surprise there's no surprise

Pat Barrett
Pat Barrett UBS Asset Management

With REITs earnings largely derived from contractual rental income, it's no surprise that the sector has delivered solid earnings growth and that there's been no earnings surprises. The general trends thus far have been further cap rate compression (massive demand for real estate), debt cost savings, further corporate efficiencies and... Show More

Goodman Group, Mirvac, Sydney Airport, Origin Energy - First Impressions from reporting

Bell Potter
Bell Potter Stockbroker

Goodman Group: Net tangible assets (NTA) per security increased 3% to $4.24 (current price $7.22) | Total assets under management of $34.8 b, external assets under management increased to $30.1bn | Development WIP at $3.5 billion across 81 projects in 14 countries | Property fundamentals remain robust : Occupancy maintained... Show More

ASX:GMG ASX:MGR ASX:ORG ASX:SYD Longform February 2017 Reporting Season

Peter Quinton’s top ten picks for 2017

Bell Potter
Bell Potter Stockbroker

In the report below, Head of Research Services, Peter Quinton, lists his top ten preferred stocks for calendar year 2017, with a brief synopsis on each one. Financials are well represented and Macquarie makes the list, with Peter describing it as “A global investment bank which is now facing a... Show More

3 property developers with overseas exposure

Alphinity Investment Management

Our Principal and Portfolio Manager, Bruce Smith, recently made a trip to the UK and USA to look for insights into likely future developments for the Australian-listed globally-focused property companies. There were two in which we presently have positions (Goodman Group and Lendlease) and one we don’t presently own but... Show More

property developers ASX:GMG ASX:LLC ASX:WDC Longform

Manufacturing and industrials to outperform

Livewire Exclusive

Romano Sala Tenna, Portfolio Manager at Katana Asset Management, is cautious on a number of sectors in the current market. "The infrastructure sector is the one we're most cautious on," but he notes that REITs are also subject to the same risks. The concerns with these sectors are their comparative... Show More

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Daily AGM Note, Thursday 17 November 2016

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Kym Sheehan The Executive Remuneration Reporter

First strike at Goodman Group, Empire Oil and Gas, and at Mineral Resources, second strike and board spill at Zeus Resources. Second strike but no Board Spill at Liquefied Natural Gas. Today's Daily AGM Note has the details, plus a selection of voting outcomes from other AGMs today, including Village... Show More

November 2016: Month ahead in AGMs

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Kym Sheehan The Executive Remuneration Reporter

You can find the main note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16303 and from there you can reach the other notes. ASX Listing Rule 10.17 resolutions to increase the non-executive director fee pool are one theme to look out for. I explain these resolutions in this note https://subscriber.theexecutiveremunerationreporter.com.au/archives/14158 and while many companies... Show More

What’s going on in Listed Property?

Hugh Dive
Hugh Dive Atlas Funds Management

Over the last two years listed property has been the top performing sectors on the ASX 200 outperforming the broader equity market. While Australian other sectors in the equity market have faced concerns about a rising and then falling AUD, falling commodity prices, Eurozone issues and bank capital raisings, listed... Show More