Aussie market started flat and finished flat with no real sentiment in global and local markets. AUDUSD back above 76 cents and in the 2015H1 trading band of 76-80 cents as we expected…but now struggling to go higher. US Fed speeches overnight were pushing potential rate rise in April while... Show More
Aussie market started positive and finished positive despite wobbling around with weak China data and RBA keeping rates on hold. The Bank sector dividend yield to bond yield gap only reached these levels in 2008 and 2011 and both times the market bounced hard on yield trade. In an environment... Show More
Prime Media Group Limited (PRT) is a regional Australian television broadcasting and online media company. A recent market update highlighted the issues facing regional advertising. The CEO announced a 6.9% decline in advertising revenue compared with the same period last year. Revenue was expected to be flat to slightly lower,... Show More
Sunset Strip | Aussie market maintained the negative rage with falling Iron Ore and weak China flash PMI. We continue to trade with domestic austerity, financial sector inquiry and commodity price collapse hanging over the markets. We see this negative trend continuing into next week....hence we suggested to take profit... Show More
Sunset Strip | Aussie market maintained the negative rage with over 4% drop in Iron Ore and a string of negative AGM commentary following RBA's low growth outlook yesterday. We see this negative trend continuing well into next week....hence we suggested to take profit on Nov 6th....keep your belt tight....... Show More
Sunset Strip | Aussie market maintained the negative trend on low volume similar to yesterday despite China FTA and potential Indian FTA next year. We see this low volume negative trend continuing well into next week....hence we suggested to take profit on Nov 6th....buckle up....this could get bumpy in the... Show More
Sunset Strip | Aussie market maintained the negative trend with lack of any global sentiment and rising Japanese growth risk. Japan showed today that these G20 growth targets are as good as climate change policy...if you don't have a solid plan, just start a committee and work out a way... Show More
Sunset Strip | Aussie market pulled back with negative China data and banks experiencing some selling pressure as the last of the big banks went ex div. There was again a clear sense of a decent buy portfolio running through the market in the last few hours...decent jump in traded... Show More
Alex Leyland says when scouring the current market for value as well as potential for growth, traditional media has appeared on his radar. When compared with new media the valuations on stocks such as APN, Fairfax, Seven and Nine looked relatively cheap and deserved further investigation. Leyland says one of... Show More
Sunset Strip | Aussie market fell on geopolitical issues in line with global lead before making a complete recovery to close slightly higher. Aussie market was slightly positive 0.17% with turnover was just above $4.6b. Banks finally broke away from the Financial Sector Inquiry's ASADA type bomb throwing. Spot gold... Show More
Prime Media Group is an Australian company operating in the local media industry and in New Zealand. The recent HY result showed improving earnings momentum as well as a focus on costs. Prime has leverage to the TV advertising cycle and for every 1% increase in TV ad spend PRT... Show More
Perpetual has lifted its stake in Prime Media Group (ASX: PRT) to 15%, further solidifying it's position as majority shareholder. According to The Australian, Head of equities Matt Williams confirmed Perpetual bought stock in Paul Ramsay's sell-down. UBS were responsible for placing the healthcare group founder's $95.7 million stake with... Show More