Business Insights Across the Market

NAOS Asset Management

“The shipping industry, at some point down the track, will be required to address greenhouse gas emissions” Angela Gillham, CEO, Maritime Industry Australia Show More

3 undervalued Aussie stocks

Vince Pezzullo

Today, markets are now thinking about risk rather than what’s on the upside. They’re asking, “what multiple am I paying and what am I going to get from that multiple?”. One way to protect the downside, is to make money on the buy. So, if you get a reasonable multiple,... Show More


First Impressions from Reporting:MPL, IFL, PRY and SGR

Bell Potter

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Medibank Private (MPL), IOOF Holdings (IFL), Primary Healthcare (PRY) and Star Entertainment (SGR) with links through to more detailed reports. Show More

ASX:IFL ASX:PRY ASX:MPL ASX:SGR february 2018 reporting season

Buy Hold Sell: 5 overlooked big caps

Buy Hold Sell

After looking at the five most-tipped stocks from our survey, this week we put on our contrarian hats and review the most overlooked big caps from the list. These are the stocks that barely got a mention at all in the 2700 responses to the survey. Sometimes the best deals... Show More


See what The CEO's thought of Commodities, US Tax Reform and Heavy Industry this week

NAOS Asset Management

“Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S. Some guiding themes are clear and consistent with how we've been investing — lower prices for customers, better wages and training for associates and investments in the future of our company, including... 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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Buy Hold Sell: 5 stocks with sustainable yield

Buy Hold Sell

High dividends often steal the limelight, but as holders of Telstra have recently learned, a sustainable dividend is every bit as important. This week’s Buy Hold Sell features Vince Pezzullo from Perpetual and Matthew Haupt from Wilson Asset Management. Show More


Turnaround on track at Medibank

Vince Pezzullo

Medibank is one of Australia’s largest private health insurers, with a current market share of approximately 27%. We built a position in the second half of 2016 when concerns about rising claims costs and management change resulted in valuations which we believed were attractive. Show More

health insurance medibank ASX:MPL

Medibank Private Full Year Result: MPL posts good result in a tough health care market


 Medibank Private Limited (MPL) reported group net profit of $449.5 million, better than markets had expected for the 2017 financial year. The headline result was boosted by stronger investment returns helping to offset lower revenue from its Medical health division. Medibank’s full year result was impacted by a fall... Show More

Here's what we learned from leading CEOs this week

NAOS Asset Management

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


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3 stocks in the firing line

James Gerrish

As we consider different areas to allocate funds into the current market weakness potential tax loss selling should definitely be considered as June slowly evolves. The ASX200 is up almost 6% for the calendar year hence there will not be the number of candidates which would typically be available in... Show More

Buy Hold Sell: Stocks for a stormy market

Buy Hold Sell

It's been a dream run for equities recently, with indices steadily floating higher. This week, however, volatility returned and investors got a sniff of reality. With this in mind, we’ve asked our panel to focus on stocks that possess strong defensive characteristics. Show More

Speed of Woolworths turnaround is surprising

Morgans Financial Limited

In this presentation, Vince Pezzullo, Deputy Head of Equities for Perpetual Equity Investment Company (PIC), reviews the portfolio including its largest position, Woolworths: “Woolworths had a decent first half. We’re actually surprised at the speed of the turnaround. It’s been quite remarkable in the space of nine months.“ He also... Show More


Medibank Half Year Result - MPL margins squeezed as spending lifts but policyholders fall


Medibank Private (MPL) reported small increase in profit over the first half of the 2017 financial year which was helped by strong investment returns. Underlying profit did increase by 1.9% to $231.9 million but lower new policyholders and margins impacted the result. Show More

medibank private ASX:MPL Juliana Roadley February 2017 Reporting Season

ASX, Link Administration, MediBank and Santos - First Impressions from reporting

Bell Potter

ASX: Higher levels of cash market and derivatives trading activity (stimulated in part by market reaction to the US election.) The dip in revenue from Listings business reflects the comparison with last year’s strong level of secondary capital raisings. (While the total amount of capital raised was down for the... Show More

ASX:ASX ASX:STO Longform ASX:MPL ASX:LNK February 2017 Reporting Season

Daily AGM Note, Wednesday 9 November 2016

Avatar fallback

A big AGM day for All the Majors, with Computershare, Commonwealth Bank, Flight Centre, Fortescue Metals and Medibank Private all holding AGMs today. While the daily AGM note will be updated through the day, results are already in for some of these companies. Outside the ASX 100, Sims Metal Management's... Show More

November 2016: Month ahead in AGMs

Avatar fallback

You can find the main note at this link 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 and while many companies... Show More

How to position for a changing market

Alphinity Investment Management

The August FY16 reporting season as usual provided winners and losers. While we are likely to do some portfolio adjustments as a result of the new information released with company results, the most important question in coming months will most likely be how to position for a potentially changing macro... Show More

Medibank results: Top line growth disappoints

Morgans Financial Limited

Medibank's FY16 NPAT (A$418m) was 3% above consensus, driven by a strong Health Insurance (HI) operating profit of A$510m, ~8% above guidance (A$470m). FY16 HI top line growth was the result disappointment at 4% (guidance of 4.5-5%). FY17 outlook commentary was broad, without quantitative detail, pointing mainly to a continued... Show More

ASX:MPL August 2016 Reporting Season

Earnings reports: Lendlease, Medibank, IAG, Santos, Woodside & Bellamy's


Lendlease (LLC) posted FY NPAT of $698.2m up 13%, helped by higher residential settlements and pre-sales boosted by high demand for residential and commercial properties in South Eastern Australia: Medibank Private (MPL) has posted a slightly above consensus 46.4% lift in FY earnings to $417.6m: Insurance Australia Group (IAG) posted... Show More