Best calls to action 28 August: RHC, RCG, IPH

Morgans Financial Limited

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)


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Morgans Financial Limited
Stockbroker
Morgans Financial Limited

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.

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