ASX:ASL

AUSDRILL LIMITED

Daily Report
James Gerrish

Stocks fell today with the financials leading the decline – ANZ the worst of the banks after a litany of downgrades filtered through post yesterday’s result. The first reaction yesterday to BUY the stock was clearly wrong and sellers took hold today, while NAB was a relative performer after they... Show More

Daily Report
James Gerrish

The local market couldn’t replicate the strength seen in the US overnight. There was a switch out of growth names today into more defensives as resources and financials were hit but money was seen moving into telcos and, utilities and REITs. Asian markets were also trading lower as we closed... Show More

James Gerrish

A reasonable lead from the US overnight has helped Aussie stocks end higher, despite the BREXIT turmoil continuing. The local market briefly traded below par early in the session but managed to close 30 points above the day’s lows to close on the high of the day. Banks were the... Show More

Buy Hold Sell
Buy Hold Sell

12 months ago, David Allingham from Eley Griffiths Group and Andrew Smith from Perennial Value Management went head-to-head with their views on 5 microcap stocks. Since then, the smaller end of the market has been buoyant, with the small ords up ~15%, and both managers exceeding this mark by handsome... Show More

Mathan Somasundaram

Local market ran out of puff again on weaker commodities and directionless global markets. Local trade balance was another miss and the currency took a step back. The best performing sectors were Utilities, IT and Industrials while the worst performers were Miners, Telecom Services and Energy. On the sector/stock front….(1)... Show More

David Allingham

We are currently witnessing a turning point for small caps. However investors should wait for the final tax loss selling of FY17 to subside in late June before committing. Post 30 June we expect small caps to have a strong period in both an absolute sense and versus large caps.... Show More

Livewire reached out to a group of small cap portfolio managers to ask for a stock that has been unduly sold down as part of a sector de-rating, rather than company specific issues. Their selections specifically highlighted the value now present in retail, mining services and infrastructure. Show More

Buy Hold Sell
Buy Hold Sell

Equity markets are marching higher as momentum runs hot, and the resources sector has just delivered an outstanding earnings season. So in this episode of Buy Hold Sell, we go hunting for companies that are leveraged to either stock-market activity, or to mining. Matthew Kidman from Centennial Funds joins two... Show More