ASX:CGR

CML GROUP LIMITED

Andrew Tang

We have spoken about market abnormalities and the risk of fresh volatility for some time. Overall we think current weakness will prove to be another 'reality check' for a market that had run a little ahead of itself, rather than a precursor to something more serious. The increased volatility in... Show More

John Garrett

The world’s great investors all know that if you’re looking for great potential investments, then the one place to start is in the stocks that are owned by investors that you both know and respect, and that have a demonstrated track record of success. In fact, it’s a method espoused... Show More

Steve McCarthy

The trend in global interest rates appears to be upwards in the foreseeable future driven largely by the US Federal Reserve’s stated interest rate normalisation strategy. Whilst the Australian economy is growing at a slower rate than the US at present and may not be as suited to rising interest... Show More

Andrew Tang

The ASX 200 Accumulation index returned a respectable 15.4% at the close of reporting season, and is poised to return a similar amount over the next 12 months if all goes to plan. Factset consensus forecasts anticipate another year of 7.2% earnings growth at a dividend yield of 4.6% which... Show More

Andrew Tang

In our reporting season preview, we noted that the spread in consensus forecasts was very narrow and the potential for beats and misses versus market expectations was lower than normal. It is this dynamic that foreshadowed many of the results across our coverage universe, where results were mostly in line... Show More

Andrew Tang

Investors are waiting for a circuit-breaker. Stretched valuations limit upside potential for a further re-rating of the market multiple (15.8x 12month forward PE, Industrials ex-Financials at 21.8x) and without clear earnings momentum in either direction the market is likely to remain rangebound. Show More

Andrew Tang

The Australian market has been weighed down by elevated valuations and a lack of earnings momentum, so investors need to think more tactically. Our team of Research Analysts has identified three buying opportunities for nimble investors ahead of the all-important August reporting season. Show More

Andrew Tang

Economic growth overall is still supportive for equities, and we currently expect the ASX200 to edge higher to 6200 by year-end. The outlook however, particularly this late in a sustained global business cycle, is becoming more vulnerable to various risks, notably higher bond yields and geopolitical issues. Show More