February 2017 Reporting Season

Pat Barrett

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

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

Buy Hold Sell

Smaller companies have faced a wall of selling in the past 3 - 4 months as investors re position into banks and resources. Reporting season has provided an opportunity to assess the damage and to start scouring for opportunities. David Allingham from Eley Griffiths and Andrew Smith from Perennial share... Show More

Register or Login to access this premium content

Livewire brings together the insights of more than 100 leading investment professionals to one platform and a daily newsletter.
Registration is FREE.
Hugh Dive

This week saw the end of reporting season for 180 of the ASX200 companies and around 2,000 of the companies listed on the ASX. Over the past month these companies revealed their profit results for the last six months and provided guidance as to how they expect their businesses to... Show More

Nanosonics posted a 1HFY17 result of A$22.0m which included a tax benefit of A$11.7m, as management determined that it is probable that taxable profits will be generated against carried forward tax losses in the Australian entity. The NPBT was A$10.3m which was ahead of our forecast of A$6.0m. Sales were... Show More

Dean Fergie

Domestic credit provider Money3 has posted a solid 1H17 result reporting an NPAT of $13.7m, well ahead of market expectations. New management installed last year have now proven themselves by profitably driving the company’s new strategic direction. Previously exposed to the controversial (and regulatory risky) small amount credit contracts (SACC),... Show More

John Murray

I have taken a few short strolls from Wynard Station to Barangaroo since it was transformed from a complex construction site to a bustling new part of Sydney’s CBD. Recalling how pessimistic some people were about this massive project undertaken by Lendlease I note that the offices are full and... Show More

Collections

In this final installment of our reporting season series, we once again asked some of Australia’s leading fund managers to highlight the standout earnings result this week. After punching in strong numbers that converted to an 8% jump in dividends, QBE received votes from both K2 and Atlas Funds. Perennial... Show More