May 10th, 2017
Budget 2017 is here, and initial conclusions from the analysts is that it didn’t hold too many surprises. The big change will be the 0.6% levy on banks with more than $100 billion in deposits, while analysts flagged the new spending on infrastructure as well. We will bring you more coverage of brokers’ Budget conclusions in Alan’s Overview this Saturday.
March 22nd, 2017
Your correspondent had wondered if the pace of brokerage reports would slacken once the half-year results had been released. But rest assured, the river of information continues apace, with many firms initiating coverage of new companies, and, as always, sectoral and macro analysis of the state of markets in Australia. And finally, investors and analysts tested the sausage sizzle at the Bunnings pilot store in England.
March 15th, 2017
They say that travel broadens the mind. This week, come on a journey with us as we join analysts on an investor trip to the Napa Valley with Treasury Wines and to Germany and Switzerland with CSL. Also, continued analysis of the Australian property sector, at both the stock-specific level, with Vicinity Centres, and at the macro-level as ANZ takes a stab at modelling the impact of an apartment unit glut in Sydney, Melbourne and Brisbane.
March 8th, 2017
With most of the mid-year 2017 reporting finished up, researchers are returning to the big themes. This week, sectoral-based analysis of performance in healthcare, banking and food, and for the macro-economic fiends, reports on the fourth quarter GDP, consumer trends and job ads.
March 1st, 2017
This week’s edition of Research Watch is the mid-year reporting season extravaganza. No major swings in ratings from the broker research sector this half, although if you like salmon, you’ll love what the outlook is for Tassal and Huon Aquaculture. Meanwhile, capex figures for the fourth quarter are in – they’re positive, which feeds into the ultimate calculation of the fourth quarter GDP figures.
February 22nd, 2017
Half year reporting continues on, with upgrades for ANZ Bank, CSL, Evolution, whilst Baby Bunting is out a-hunting for profit and more growth. Meanwhile, analysts forecast that the figures for capital expenditure (capex) will be “mild”, and say that it is likely to fall in 2017/2018.
February 15th, 2017
AGL Energy continues to meet expectations with its half year reporting, but analysts wonder how long the good times can roll, and is Bendigo and Adelaide Bank the Willy Loman of regional banks? Also, cobalt’s price has risen to levels not seen since 2011 – could producers be in a position to take advantage?
February 8th, 2017
This week, strengthening aluminium prices has led Macquarie Wealth Management to upgrade its view of Alumina, Morgans initiates coverage of gold explorer and developer Eastern Goldfields, and analysis of the record Australian trade surplus levels for December.