ASX:SCO

Buy Hold Sell: Beaten up and unloved

Buy Hold Sell

The market isn’t always right, but a lot of the time it is. As Howard Marks once said, “You can’t do the same things others do and expect to outperform.” Dawn Kanelleas from Colonial First State Global Asset Management and David Allingham from Eley Griffiths share their view on four... Show More

buy hold sell ASX:AAD ASX:SUL ASX:PPC ASX:SCO

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

GARY (Growth At Reasonable Yield) > April 2017 Update

Mathan Somasundaram

GARY identifies companies that are able to deliver growth and yield at a reasonable cost. GARY offers a middle ground when uncertain markets flip flop between growth and yield. Predominantly small cap oriented GARY underperformed over the past month as large caps on stretched multiples continued to outperform. Show More

Sunset Strip > Trading Day Blue Ocean Market Wrap 20170331

Mathan Somasundaram

Local market ran out of puff and closed at the lows of a negative last day of the quarter. We are heading into the last week of trading before school holidays and institutional investors are likely to lock in their profits before going on holiday with their families. Retail investors... Show More

GARY (Growth At Reasonable Yield) > March 2017 update

Mathan Somasundaram

GARY identifies companies that are able to deliver growth and yield at a reasonable cost. GARY offers a middle ground when uncertain markets flip flop between growth and yield. Show More

5 top wires last month

Alex Cowie

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

Spotless Group Holdings, Scottish Pacific and Harvey Norman - First Impressions from reporting

Bell Potter

Spotless Group Holdings (SPO): Reported net loss $358m- includes $391.1m of exceptional items (after tax) primarily relating to the contract portfolio restructure | Contract renewal rates improved to continue to hold at 95% by number and 72% by annual value. New contract wins also increased during the period to... Show More

ASX:HVN ASX:SPO Longform ASX:SCO February 2017 Reporting Season

Feb 2017 Reporting Season Calendar

Bell Potter

Our reporting calendar covers 210 companies for the February period, as well as several in March, and highlights reporting dates, period reported, NPAT (consensus and Bell Potter estimates) and our analyst recommendation for the stock. The pace is increasing, with 6 reporting tomorrow (AVJennings, BWP, Carsales, Paragon, Rio Tinto), and... Show More

Peter Quinton’s top ten picks for 2017

Bell Potter

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

Downgrades usually hunt in packs

Livewire Exclusive

Scottish Pacific is the largest independent factoring company on the ASX, explains Romano Sala Tenna, Portfolio Manager at Katana Asset Management. Factoring is a type of debtor finance, where the company buys accounts receivables from a third party at a discount to face value. After hitting a high of $4.01... Show More

downgrades ASX:SCO

Scottish Pacific IPO shows early positive signs

Robert Frost

Debtor and trade finance business, Scottish Pacific (ASX:SCO), operates primarily in Australia where it is a top three provider of debtor finance solutions with 20% market share, but also with a presence in New Zealand and the UK. We participated in the IPO early in the September quarter, with the... Show More

First Impression: Scottish Pacific (SCO) FY16 Result

Bell Potter

Synergies: SCO achieved $1.4m of synergies related to Bibby acquisition in FY16 (in-line with prospectus) and is ontrack to deliver full run rate of $5.1m in FY17e | Acquisition Integration: Completed the integration of the three acquisitions (Bibby, GE Capital Debtor Finance and Suncorp Debtor Finance) acquiring ~$400m of new... Show More

ASX:SCO