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The next 12 months for small cap investors

Steve McCarthy

Another financial year draws to a close which presents an opportunity to look forward to the financial year ahead. We believe FY19 will involve more of the same, and some noteworthy changes. In this wire, we discuss our top 5 considerations for smaller companies’ investors who are aiming for out-performance... Show More

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Sunset Strip > Trading Day Wrap From Blue Ocean 20170904

Mathan Somasundaram

Local market fell on the open with NK risk and then recovered part of the loses on the back of the positive commodity outlook. The data out of US remains patchy on the consumer outlook with another weaker than expected non-farm payroll while manufacturing PMI’s were solid. ECB hinted that... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170816

Mathan Somasundaram

Local market made a steady recovery after flip flopping for the first few hours. US retail data was string overnight while US markets were undecided. Chinese regulatory moves are beginning to bite while the pullback is aimed to get back to pre 2016 levels. The corporate outlook for US is... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170803

Mathan Somasundaram

Local market ran out of puff again on weaker commodities and directionless global markets. Local trade balance was another miss and the currency took a step back. The best performing sectors were Utilities, IT and Industrials while the worst performers were Miners, Telecom Services and Energy. On the sector/stock front….(1)... Show More

Livewire readers' Top 20 stock calls

Alex Cowie

It’s time to observe the halfway-mark for Livewire readers’ 2017 stock picks, nominated in December as part of our Outlook series. Read on to see the current top twenty, some recent contributor commentary on them, and the spreadsheet for the full list of 261 stocks with key metrics. Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170531

Mathan Somasundaram

Local market ran up on China data before fading to a slight positive day for the end of month. Tax loss selling in May/June will add to the seasonal weakness while geopolitical risks and US fiscal delays are overshadowing global growth story. We had strong manufacturing and non-manufacturing PMI data... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170530

Mathan Somasundaram

Local market fell on the open before making a decent recovery on the back of recovering US market futures and better than expected building approval data. US and UK will be back online tonight while China will be back online on tomorrow. Tax loss selling in May/June and seasonal weakness... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170529

Mathan Somasundaram

Local market ran into some pain as market sentiment was low as major markets are closed tonight. US, UK and China were closed. Market Outlook likely to remain volatile in the short term with macro risks while medium to long term view remains positive. Given the recent US retail/housing weaker... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170526

Mathan Somasundaram

Local market was smacked down on the open before making a slight recover…market reducing exposure before US goes into a long weekend…Memorial Day on Monday. The best performers were Gold, Property and Utilities while Energy, Miners and IT were the worst performers...safe-haven trading was in play…bond yields fell as well.... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170525

Mathan Somasundaram

Local market flip flopped to finish in the positive mainly due to Resources. Market likely to remain volatile in the short term with macro risks while medium to long term view remains positive. The best performers were Miners, Energy and Utilities while IT, Staples and Health Care were the worst... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170427

Mathan Somasundaram

Local market made an unconvincing positive day after US market lost steam on the tax reform agenda release. US tax reform agenda was a yawn as expected. It looked like a high school project but with less detail. It was a one pager that stated pre-election slogans with not much... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170424

Mathan Somasundaram

Local market popped on the open with French election result before sliding to close a slight positive day. The French elections goes to stage 2 as both major parties miss out…Le Pen faces Macron in final round of French presidential election…market remains positive that EU will survive on the back... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170403

Mathan Somasundaram

Local market managed to squeeze out a slightly positive day despite weaker US, currency and commodity lead. Gold and Property were the best while Financials turned the market positive with miners weighing it down. Retail sales and housing approvals shows weaker economy ahead as we come off housing bubble…bit like... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170329

Mathan Somasundaram

Local market had another solid day in line with US market after continued strong consumer and housing data. IT, Industrials and Energy were the best performers while Gold was the only negative sector. Banks continue to do the heavy lifting as more doubts were raised about the regulatory risks while... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170227

Mathan Somasundaram

Local market ran into more profit taking on US fiscal uncertainties, upcoming US Fed / Chinese NPC meetings, Euro elections and Brexit worries on stretched global market valuations. Consumer Discretionary, IT and Health Care tried to keep the market higher while Resources and Financials weighed it down today. Energy sector... Show More

Sunset Strip > Australian Market Trading Day Wrap 20170224 from Blue Ocean Equities

Mathan Somasundaram

Local market ran into profit taking as US fiscal stimulus expected to take longer. Local market ran into profit taking in all sectors except gold with downgrade stocks experiencing further slide in share price performance. RBA comments support rates on hold through 2017 due to household debt, weak wages, underemployment... Show More

Gentrack looks set for a strong 2017

Pie Funds

Gentrack Limited (GTK:NZX / GTK:ASX) had forecasted guidance of 20% revenue growth for the full financial year and EBITDA relatively flat at NZ$15m. However, on 4 November 2016, GTK again beat expectations, upgrading its previous guidance for the full year. The company stated that revenue would be up 25% to... Show More

Utilities software provider expected to heat up

Pie Funds

The Pie Australian Dividend Fund and The Pie Growth 2 Fund recently took a position in Gentrack Group (GTK). GTK develops, implements and supports enterprise billing software solutions for utilities and airports in New Zealand, Australia, and the UK. It had a troubled start to life as a listed company,... Show More

February 2016: The month ahead in meetings

Avatar fallback

This month's note takes a look at the AGMs for Aristocrat Leisure (looking in particularly at the resolution to increase the NED fee pool limit), Eclipx, Technology One (looking at the changes made to remuneration), the general meetings for Rubicor Group and Byron Energy (both feature ASX Listing Rule 10.11... Show More