Best calls to action 28 August: RHC, RCG, IPH
Morgans Financial Limited
Happy to buy today: Ramsay Health Care - FY15 underlying results were above expectations, underpinned by broad divisional performance, operating leverage and strong cashflow generation. We view guidance as conservative. RCG Corporation - the RCG result stole the show, with the recently acquired Accent business delivering 37% lfl sales growth in the first seven weeks of FY15. Guidance will prove highly conservative if AGL comp sales continue anywhere near current rates. IPH Limited - a very strong FY15 result supported by FX movements and better performance in both Australia and Asia. IPH will continue to deliver low double digit organic growth + FX benefits + acquisitions. More: (VIEW LINK)
1 topic
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.