In this video I discuss the banks. They have dominated the media headlines for all the wrong reasons recently. Given this backdrop, first half results come at a very interesting time. Show More
reporting
2016 was a strong year for Australian companies floating on ASX. The number of IPOs rose to 96 (from 85 in 2015), implying an average of eight per month or two a week – certainly enough to keep the most active investors busy... Though the absolute number of new floats... Show More
Increased capital, restrained credit growth and lower interest rate spreads likely mean lower returns for bank shareholders. Show More
"Apple beat the high end of its guidance, once again. In April, it had predicted that June quarter sales would fall between $46 billion and $48 billion; they reached $49.6 billion. Show More
The ASX’s proposal to tighten earnings guidance is a piecemeal response that does nothing to protect the retail investor. It maintains the lazy practice in Australia of financial reporting that has resulted in listed companies adopting inconsistent disclosure practices. The ASX proposal does nothing to create a formalised reporting regime... Show More
The latest earnings reporting season for Australian listed companies is almost past, and once again, a major theme from the latest earnings reporting season is that profits were not as bad as we thought they would be. In the main, corporate Australia has largely met investors' (already beaten down) earnings... Show More
