Santos: The barrel is more full than empty

Romano Sala Tenna
Romano Sala Tenna Katana Asset Management

Whilst abnormal losses flagged in the first half pulled the statutory profit into the red, Santos’s core Net profit after tax (NPAT) at US$336m was 5% ahead of our forecast of US$323m. It was also above January analyst consensus forecasts, but these were subsequently revised upwards to US$348m leading into... Show More

ASX:STO What the market missed

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Outlook 2018: Aussie equities - positioning for the economic upswing

Paradice Investment Management

After years of incredibly easy monetary policy globally we are finally amid a synchronised global economic recovery the likes of which we have not seen in over a decade. Show More

Earnings Chicanery - how companies "dress up" their results

Hugh Dive
Hugh Dive Atlas Funds Management

In part one of a two-piece series on financial statement trickery, we are going to look at some measures a company can take to “dress up” their financial results to create an unclear picture of their financial health. Show More


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The best kept secret in Paradice

Livewire Exclusive

For many investors Paradice Investment Management is synonymous with high-performing small cap funds. What most wouldn’t know is that Paradice is also home to an Australian large cap portfolio that was opened in 2007. The strategy, which was closed shortly after inception due to overwhelming investor interest, has delivered in... Show More


See what The CEO's thought of Housing, Fitness and the Digital Wallet this week

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

“I don't see any sign of slowdown in the ability to digitize cash. I think the best description an analyst had coming off of our Investor Day was something like, I like Visa because they have a weak competitor called cash” Vasant Prabhu, CFO, Visa Show More


How we are playing Santos  

Romano Sala Tenna
Romano Sala Tenna Katana Asset Management

The chronology of events this past 24 hours is rather curious and provides somewhat of a conundrum as to how to play the current machinations. Santos has stated today that on the 14th of August the company received a confidential, non-binding, conditional and indicative proposal to acquire all the shares... Show More

m&a oil santos ASX:STO

Wilson Asset Management weekly: Slick Santos result

Chris Stott
Chris Stott Wilson Asset Management

The S&P/ASX All Ordinaries Accumulation Index closed up 1.4% for the week. On Tuesday, minutes from the Reserve Bank of Australia (RBA) gave no indication as to when the central bank would raise the cash rate, despite growing market expectations of tighter policy next calendar year. On Thursday, data from... Show More


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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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Get ready to buy the dip in Santos

Michael Gable
Michael Gable Fairmont Equities

Sentiment towards Santos has improved a great deal recently. The company has reduced costs and the price of oil seems to have stabilised for now. The interim update in August even managed to beat expectations. Show More

fairmont equities ASX:STO

Santos: The trend has turned

Romano Sala Tenna
Romano Sala Tenna Katana Asset Management

In the true tradition of denial, we have maintained our position in Santos, and in fact, have added a modest amount over the past 12 months. Whilst it has been a particularly challenging period for both the company and investors, there are growing signs that the ship has been righted... Show More


Executive Series : Santos (STO) CEO & Managing Director, Kevin Gallagher

CommSec Online Stockbroker

In this short video we discuss the features of STO’s first half of operations, which saw the group report an underlying profit of US$156 million compared to an underlying loss of $5 million a year earlier and a net loss of US$506 million, which included a previously announced US$689 million... Show More

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First Impressions from Reporting: STO, SCG, S32, OZL, MYO, FLT

Bell Potter
Bell Potter Stockbroker

In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Santos (STO), Scentre Group (SCG), South32 (S32), OZ Minerals (OZL), MYOB Group (MYO) and Flight Centre (FLT) with links through to more detailed reports. Show More


Santos Half Year Result: STO 2018 guidance stronger as the rebuild phase continues

CommSec Online Stockbroker

Energy producer, Santos Limited (STO) reported a net profit of US$156 million for the first half of 2017 against a US$5 million loss in 2016. The company has been in a rebuilding phase over the last 18 months and is well on the way to meeting its renewed strategy under... Show More

earnings santos ASX:STO Juliana Roadley August 2017 Reporting Season

Sunset Strip > Trading Day Wrap From Blue Ocean 20170807

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market bounced back after 3 consecutive negative days on the back of solid US non farm payrolls and better commodities. The last time market had 4 consecutive negative days was in early May…and our market has been going sideways since then. Local market and currency got a slight boost... Show More

Think about accumulating Santos

Leyland Private Asset Management
Leyland Private Asset Management Trusted and Confidential Asset Management Advisors

Whilst we don’t see a return of Santos to a share price above $10 anytime soon, a level seen only a few years ago, we believe long term investors should be thinking of accumulating troubled situations such as this for a turnaround. Show More

energy oil and gas ASX:STO

Buy Hold Sell: The Dogs of FY17

Buy Hold Sell
Buy Hold Sell Livewire

After reviewing the stocks that shot the lights out in FY17, this week we turn the tables and look at 5 widely held stocks that dragged the market down, the worst of which has more than halved in price. We ask if the companies currently in the ‘dog-house’ will keep... Show More


Australian share market in subdued mood as investors stay away

Tristan K'Nell
Tristan K'Nell CCZ Statton Equities

The Australian share market in a subdued mood heading into the close the index up only 6 points after a volatile week. A flat lead from Wall Street and more negative sentiment on the big banks doing little to spur sentiment. The market had been sold off in early trade... Show More

The top 3 global opportunities right now

Nader Naeimi
Nader Naeimi AMP Capital

There has been some uncertainty in markets recently, with many believing that markets are fully valued, expensive and lacking opportunities. That's the danger you face if you look at markets as a whole. But when you look 'under the hood', there are plenty of high-conviction opportunities. Here we look at... Show More

oil gas wheat ASX:OSH ASX:ORG ASX:STO ASX:WPL shipping

Technicals - oil price - further downside potential

Angela Mangan
Angela Mangan QMG Pty Ltd

The Brent price originally generated a technical sell signal at US$53.06 on 8/3/17. This was identified as the (negative) technical turning point. The decline last night has resulted in further major support being broken which has generated a new technical sell signal. The downside technical price target is located at... Show More

crude oil ASX:BHP ASX:ORG ASX:STO ASX:WPL brent oil

3 stocks in the firing line

James Gerrish
James Gerrish Market Matters / Shaw and Partners

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