ASX:WEB

WEBJET LIMITED

James Gerrish

A volatile session today as the market was sold off early following stronger than expected employment data which initially saw the market lower, the AUD higher as traders paired back expectations for lower interest rates, however that theme was short lived thanks to a new ‘bearish’ call from Westpac who... Show More

Investment Theme
Andrew Mitchell

Despite continuing equity market volatility and ongoing geo-political uncertainty (both domestically and overseas), corporate activity again remained elevated towards the end of 2018 as an array of Australian businesses were either subject to takeover announcements or sought to raise capital to fund their own growth initiatives. Show More

Marcus Padley

In the last couple of months it has been all about “the market”. We have been more concerned with cash levels than stock selection and as one of my team said yesterday, you know something is wrong when the first word anyone says when they walk into the office is... Show More

Leyland Private Asset Management

Established in 1998, Webjet Limited is the foremost online travel agency (OTA) in Australia and New Zealand, leading the way in online travel tools and technology. Webjet says its focus has always been to offer the greatest convenience and choice by enabling customers to compare, combine and book the best... Show More

Andrew Mitchell

Not unlike the regenerative quality of an Australian summer bushfire, equity market corrections are a necessary evil of healthy and well-functioning markets. More often than not, they allow share markets to recalibrate and consolidate over the shorter-term, whilst also acting as an agent to transfer capital from weaker, short-term hands... Show More

Rudi Filapek-Vandyck

Welcome to the FNArena Reporting Season Monitor for the August result season 2018. The Monitor reports ratings and consensus price target changes, along with brief summaries of the collective responses, from FNArena database brokers for each of the 300+ stocks. Week 3 is now available with coverage of 213 stocks. Show More

Naheed Rahman

Online travel agent Webjet (WEB) has been a phenomenal performer with the share price up over 300% in the last three years, compared to the ASX Small Ords Accumulation Index which is up 60% (obviously not a return to be baulked at either!). Show More

Livewire Exclusive

It seems like just weeks ago that February reporting season was wrapping up, but believe it or not, reporting season is upon us again. The Australian market has performed solidly in the period since, having gained 4.4% since the end of February. But this number hides the dichotomy that has... Show More

Michael Wayne

The ASX 20 has been a consistent underperformer in recent years leading some to conclude that after persistent underperformance, a reversal is due to take place between the ‘big’ end of town, and the ‘smaller’ business that sit outside those largest 20 companies on the ASX. Show More

James Gerrish

These markets are becoming extremely interesting as we start to see the “risk on theme” gather momentum at the expense of the more recent “safe haven” favourites e.g. last week we saw A2 Milk (A2M) +5.6% & Telstra (TLS) +5.8% while CSL Ltd (CSL) -2.5% & Cochlear (COH) -4.8%. Fridays... Show More

James Gerrish

It’s currently very easy to get caught up in the negativity surrounding stocks as a potential Trump-China trade war dominates the press, interestingly something that was not getting any air-time whatsoever 3-months ago nor being touted as a potential ‘threat’ to the market. However let’s stand back and consider what... Show More

Andrew Tang

There was a lot to like about the February reporting season. By our estimates, over 30% of large caps beat the market's expectations, and unlike previous seasons, estimates held firm rather than falling away into results. Downgrades and significant misses were largely a non-event and overall management commentary reflected the... Show More

James Gerrish

The ASX was strong in early trade today before some selling kicked in and we traded down ~20pts from the highs, however when considering that S&P Futures in the US were trading -0.32% during our afternoon, we fared well in a relative sense. A similar story played out yesterday, and... Show More

James Gerrish

A positive start to a very busy week for markets with the Telco’s leading the charge higher today. CBA in focus with the announcement of a new CEO, an internal candidate and the stock ticked up as a result while Iluka (ILU) delivered a strong set of production numbers ahead... Show More

James Gerrish

Weak leads from overseas markets this morning saw our market open softer however as is often the case in the second part of December, the buyers stepped up and pushed the market into the black, with a close near the highs. As we wrote this morning, historically buying any early... Show More

James Gerrish

Another day that saw buyers happy to bid up stocks fairly strongly in early trade before sellers took hold around midday – and the index drifted lower throughout the session – the mkt just seems to struggle massively above the 6000 level – seems to feel very strange trading above... Show More

Buy Hold Sell

There are 323 million people in the US, 743 million in Europe, and 1.3 billion in China. When looking at Australia’s population of just 24 million coupled with a low growth environment, the case for offshore expansion is compelling. However, these are competitive markets with different practices and regulatory environments.... Show More