While we remain generally bullish on global stock markets, we’ve noted some concerning movements this earnings season that are causing us to take a more cautious position. We have not been scared by the shopping list of geopolitical excitements which are ever-present in international markets and thought the market recovery... Show More
Welcome to Nikko Asset Management’s 4 Minute reporting season wrap up on the week that was in Australian markets, and what we are reviewing in the week ahead. Show More
Joe Magyer, Chief Investment Officer at Lakehouse Capital, says he always looks forward to reporting season and he is especially excited for the results about to be delivered. Why is that? Joe reckons that the recent sell down in small caps has left a lot of investors feeling gun shy... Show More
As reporting season ramps up, there’s a change in leadership underway in mining services says Simon Shields, Principal at Monash Investors. Recently, mining services companies with exposure to the capex cycle have performed very strongly. However, he believes as the mining cycle matures, it’s the production-focused companies that are best... Show More
It was a solid reporting season for the AREIT sector. In this wire, we review the performance, pull out the key themes to emerge, and identify ten specific takeaways from the retail, office and industrial sectors. Show More
Digital disruption is hitting the retail sector harder than most. But not all retailers have been affected to the same extent. Recent research by Citi sheds light on the winners and losers this latest reporting season. Show More
CommSec's Tom Piotrowski speaks with BKI Investment Company (BKI) Portfolio Manager, Tom Millner about the company’s first half results, its low fee structure and investment opportunities in the infrastructure, financial & healthcare sectors. Show More
CommSec Advisory’s Justin Wynne speaks with Tom Piotrowski about the upcoming February reporting season, including the factors to focus on in the results of the banks & miners. Show More
Suncorp Group’s (SUN) cash profit for FY17 came in lower than expected as it continued to spend on its refresh strategy. SUN posted a 3.6% rise in group NPAT to $1,075m, helped by a lift in insurance premiums & tight cost management. Show More
Rio Tinto has reported an interim underlying profit of $US3.94b, up from US$1.56b a year ago. The result was slightly lower than consensus forecasts. Its interim dividend jumped to a record US$1.10 per share, compared to US$0.45 a year ago. Show More
Every six months in Australia, reporting season comes around. It’s an important time for investors as it gives us a chance to see in detail how companies are traveling and, in some cases, what their outlook is for the year ahead. As a result, February and August become important times... Show More
Global education service provider Navitas (NVT) posted a weaker than expected full year profit of $80.3 million, down 11% year on year. Show More
Investors are expecting a lot from companies this season as they wait to see if recent share price growth will be supported by profits. We expect the resources sector to produce solid numbers while the focus on bank forecasts will be key. Show More
This year’s reporting season was brutal, with many market darlings confessing to their sins. Some 45% of ASX 200 companies beat their EPS estimates, while 33% missed, the highest since the GFC. The Australian market has seen quite a large rotation away from defensive and bond-sensitive stocks, towards the cyclical... Show More
Last week marked the busiest week of the current reporting season. With most of the smaller companies reporting there was no shortage of stocks to profile. We take a look at three of these businesses, how they have fared during the reporting period and what this means for the businesses... Show More
1. Local market had a cracker day on the US optimism flowing from the potential tax policy update. Show More
OzForex (OFX) and GBST (GBT) have both had profit warnings - both are down 19% in a day. Aconex (ACX) fell 45% in a day on a profit warning earlier the same week. It is a $1.1bn stock (was $2bn). The alarm bells are ringing. In the same week, we... Show More
Education provider Navitas (NVT) posted a bigger than expected half year profit of $53.3m for the six months to 31 Dec. The headline result was driven by one-off & non-cash gains, rather than a strong underlying result Show More
On Wednesday, sleep apnoea treatment manufacturer ResMed (ASX: RMD) revealed strong second quarter results including a 17% increase in revenue compared to the same period of the prior year. In announcing the results, ResMed chief executive Mick Farrell said the company was well positioned to adapt to the Trump administration’s... Show More
With half yearly reporting commencing next week, it is pertinent to consider the outlook for the share market this year. In a two-part article, I consider the factors that will influence the share market in the year ahead and provide Wilson Asset Management’s predictions for Australian equities in 2017. If... Show More