Livewire reporting August 2018

Andrew Mitchell

In the last two years, the human population has created more information and data than the cumulative amount of data created in the history of the human race. Data centres are critical pieces of infrastructure enabling this. Here we review the results from NextDC, Australia's most successful company in the... Show More

Matthew Haupt

Following today's results announcement, Boral’s share price is experiencing a relief rally which we believe will continue in the short term. And as the market gains confidence in both Boral’s Australian and US divisions, we expect the share price will increase further over time. Show More

Marni Lysaght

The current Reporting Season of August 2018 has left some investors surprised, some disappointed and some delighted. As Reporting Season nears completion, a name falling into the category of delight has been that of People Infrastructure, beating prospectus forecasts and consensus expectations, with management guiding to further growth in FY19.... Show More

Andrew Smith

Navigator Global Investments delivered a quality FY18 result with EBITDA +15% and dividends +14% both in US$. This capped off a successful year, which saw the share price almost double. Show More

Romano Sala Tenna

S32 boasts the best balance sheet of any big-cap resource stock globally, and we continue to believe that the discount to its peer group is unwarranted. The shares traded noticeably weaker leading up to the reporting date, and while this is always a cautionary signal, we held the view that... Show More

Chris Tan

We see Flight Centre as a best-of-breed player, operating in an industry with strong growth fundamentals. The business continues to diversify and evolve as it enters new geographies and segments of the travel industry value chain. Here we look at our key takeaways from yesterday’s results, and one big thing... Show More

David Allingham

As an investment, Afterpay has been unique. Firstly, for the extraordinary returns it has delivered investors. And secondly for its rapid growth from concept 4 years ago to a $4 billion company whose offshore expansion seems to have just gone up another gear. Show More

Naheed Rahman

Online travel agent Webjet (WEB) has been a phenomenal performer with the share price up over 300% in the last three years, compared to the ASX Small Ords Accumulation Index which is up 60% (obviously not a return to be baulked at either!). Show More

James Gerrish

I met with the CFO and COO from Fortescue Metals (FMG) this week as they did the rounds following their recent full year results. There were some brief prepared comments that hit the high notes of the result but of more benefit was the discussion thereafter as we shot the... Show More

Shane Fitzgerald

Lovisa (LOV) produced a strong set of numbers with its 2018 result and a nice dividend surprise. EBIT was up 26% on the back of continued strong store growth, 6.8% like for like sales growth and expanding gross margins. The only negative in the result was that for the first... Show More

Michael  Doble

Australia's premium shopping centre portfolio, Scentre Group, owns great real estate in a sector that has huge barriers to entry (for their better retail assets), in strong locations, and with an extraordinary diversity of sources of income. This helps make the security of their earnings as attractive as any in... Show More

Hamish Carlisle

We provided some detailed thoughts on Telstra this time last year. Since then, Telstra has underperformed the broader market, the company’s strategy has dramatically pivoted from aspirations of becoming a global technology company to a cost-out and product simplification agenda, and Telstra has brought itself some breathing space and improved... Show More

Tom Richardson

With the release of its full-year result for FY18, Downer has delivered on its earnings guidance for the seventh consecutive year. Its ability to do this in a volatile sector highlights the breadth of the business and strength of the Company’s management team. It also adds weight to the company’s... Show More

Pete Morrissey

Aventus Retail Property Fund offers a quality, active management team that is consistently seeking to maximise returns from a well-diversified portfolio of assets valued at almost $2b. A 7%+ distribution yield sourced from defensive income is attractive to yield-focused investors. We cover the key takeouts here from today's announcement, and... Show More

Roger Montgomery

Today's results from REA were in-line with consensus expectations demonstrating the well-known and widely-articulated platform’s ability to grow and raise prices. However, we think there are several things the market has yet to price in, as we outline here. Show More

Marcus Bogdan

News Corp, the global diversified media and digital real estate services company, today reported financial results for the fourth quarter and fiscal year ended 30 June 2018. We've pulled out the key highlights here, and share our view of the stock. Show More