Equities
Interest rates around the world, including Australia, have been falling recently. Where conventional wisdom one year ago was for rising rates, now expectations have factored in domestic rate cuts and falling yields over the next 3 years. Aussie 10-year government bonds are at all-time lows standing at 1.75%. This change... Show More
In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including GPT Group, Bendigo and Adelaide Bank, JB Hi-Fi, Aurizon Holdings and Domain Holdings with links through to more detailed reports. Show More
“The Melbourne, Sydney and Brisbane economies are performing very strongly, driven a lot on the back of the infrastructure spend and now the pickup in sentiment. The pipeline of infrastructure projects continues to build” Scott Charlton, CEO, Transurban Show More
High yield bonds are tempting but come with greater chances something could go wrong. This wire gives some tips in getting the balance right between high yield and investment grade, and displays a sample portfolio for both strategies. Show More
There is so much confusion about the stocks in the ASX’s large-caps index, the ASX 50. Some investors see them as ‘blue-chips’ by virtue of their size and longevity, and thus see them as long-term portfolio holds. Others think the ASX 50 is largely useless: a motley, concentrated index of... Show More
In this daily reporting season update, we provide first impressions on key takeouts from companies reporting today, including Bendigo and Adelaide Bank (BEN), JB Hi-Fi (JBH), Aurizon Holdings (AZJ) and Ansell (ANN), with links through to more detailed reports. Show More
Underlying EBIT: Below Rail (Network) up 20% $295m; Above Rail up 18% to $219m. | Net operating cash flow up 19.7% to $625m. | 1HFY2017 Operating ratio 72.6% as compared to 77.6% in pcp. | $64m of benefits delivered, $195m since 1 July 2015; on track to achieve $380m three-year... Show More
The Livewire Reporting Roundup is a new and exclusive weekly series carefully crafted to bring Livewire readers the best exclusive insights and investor resources throughout reporting season. We’ve invited 7 professional stock pickers to nominate their standout company results from the past week with responses from Regal Funds, K2 Asset... Show More
The Bell Potter reporting calendar covers 210 companies for the February period, as well as several in March, and highlights reporting dates, period reported, NPAT (consensus and Bell Potter estimates) and our analyst recommendation for the stock. The pace is increasing, with 16 reporting on Monday and Tuesday alone. Livewire... 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