Sample Reports | Old Reports | Not Current

HUB24 (ASX:HUB)
Speculative
high
H
Not Quite A Price War Superannuation Platform HUB24 (ASX:HUB), along with its peers in the sector saw some selling pressure on the back of announcement from a larger rival that cut fees on its super platform. That said, we take the opportunity today to review whether the market’s reaction was warranted or excessive. What’s New? Since our last coverage of HUB24 in March (FAT-AUS-866) when we looked at the company’s interim numbers, the company showed continued momentum and was well on track to
AMP (ASX:AMP)
Core
high
H
Hitting Reset AMP (ASX:AMP) shares traded lower last Friday after the financial services giant announced a series of actions to ‘reset’ the business in the wake of the Royal Commission. As part of this broader resetting of the business some $290 million (post-tax) has been set aside for “potential advice remediation” and this will weigh on first half profit. A smaller dividend is also on the cards. While it has been a horrid 2018 so far for AMP shares and we
IOOF Holdings (ASX:IFL)
Core
medium
B
A Big Fish in a Big Pond Shares of financial services provider IOOF Holding’s (ASX:IFL) popped 5.4% in trading last week, following the release of a strong trading update. The company maintained broad earnings guidance and advised that the acquisition of ANZ’s pension and investment business was progressing well. We have regularly maintained that the deal was a good one for both parties. To recap and as discussed in prior coverage we believe that the acquisition of ANZ’s Pensions and Investments (ANZ P&I) business
Fairfax Media-Domain Group (ASX:FXJ)
Speculative
high
H
Takeover! Shares in Fairfax Media (ASX:FXJ) sprung further into life last week, hitting a nine year high, after the announcement of one of the biggest media deals ever seen in Australia. Nine Entertainment is effectively buying Fairfax for $2.16 billion. The shares have been running in recent weeks, with the ‘smart money’ clearly aware that something big was brewing. The deal is a positive outcome for shareholders in Fairfax, but also in our view for investors in Domain Holdings Australia. We have
Saracen Minerals Holdings (ASX:SAR)
Speculative
high
B
Operations deliver a 2018 bonanza Saracen Mineral Holdings (ASX:SAR) has finished off its 2018 operational year with a bottler of a full year result. Gold production hit a new record and came in ahead of guidance for the year. Operating costs were better than contained for the year, but the gold price did not play ball. Moreover, a cash build will help the company push toward 400,000 ounces of gold. The company has enjoyed a kick in gold production from its Carosue
IMF Bentham (ASX:IMF)
Speculative
medium
B
A Portfolio of Cases Litigation Investor, IMF Bentham (ASX:IMF) has released a flurry of case updates since our last coverage back in May. In today’s note, we look at the various case updates as well as the company’s Portfolio Update filing to see the progress it has made. Overall, we remain pleased with the company’s direction and like the strong pipeline of cases it has. Accordingly, we maintain our BUY rating on the shares. What’s New? In our last coverage of the litigation financier
Afterpay Touch (ASX:APT)
Speculative
high
T
Growth Paid Upfront Fledgling alternative consumer lender, Afterpay Touch (ASX:APT) has seen a meteoric rise in its share price and recently continued to surge up on the back of a highly positive business update. This has attracted our attention, though, with the share price having rallied so much in a short span time (+131.8% ytd), the valuation has also reached stratospheric levels, with substantial expectation already priced in. Thus, we believe the most prudent move then is to wait for the
Nufarm (ASX:NUF)
Special
medium
B
Looking beyond the drought Shares of Nufarm (ASX:NUF) have reverted to the downside since our last review, with the company downgrading full year earnings once more. The market had previously been looking past weather-related earnings impacts. Investors have however become more disturbed now that the drought conditions have been prolonged, and now having a bearing on the FY19 outlook. Operational headwinds have also been experienced offshore. Sentiment has clearly been damaged, but we believe that the medium to longer term growth


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Stock Disclosure

ASX- Listed Australian Stocks:
29M.AU, ANN.AU, ANZ.AU, BPT.AU, BWP.AU, CKF.AU, CBA.AU, EVN.AU, FID.AU, FMG.AU, GOR.AU, GMG.AU, GNC.AU, HUB.AU, ILU.AU, IGO.AU, JHX.AU, MGR.AU, NAB.AU, PAR.AU, QBE.AU, RRL.AU, S32.AU, SBM.AU, TLS.AU, TUA.AU, WES.AU, WBC.AU, WHC.AU, XRO.AUX, AGL.AX, AMC.AX, BHP.AX, CSL.AX, DMP.AX, GDG.AX, WIRE.AX, ATOM.AX, MQG.AX, NIC.AX, NST.AX, ORI.AX, PDN.AX, RMS.AX, RPL.AX, SFR.AX, STO.AX, SUN.AX, VAU.AX, WTC.AX, WDS.AX, GMD.AX, CSC.AX, RIO.AX, GTK.AX, SPK.AX & NEM.AX

International Stocks:
BIDU.CN, 9888.CN, 1211.CN, 268.CN, 3690.HK, 1818.HK, 9618.CN, ENX.FR, BT.A.GB, GENI.GB, FRES.GB, 9988.HK, 2282.HK, 700.HK, 1128.HK, 1876.HK, 8750, 7011.T, 8306.JP, 8031.T, 8411.T, 3994.T, 7974.T, 8604.JP, 8308, 6758.JP, 8316.JP, 8331.T, JP.8308, HEM.SE, GRAB.SG, BABA.K, GOOG.US, AAPL.US, CDE.US, CPNG.K, FLTRF.L, SIL, URA, BZ.O, MSFT.US, SBSW.K, 2840.HK, TME, GDX, GDXJ.US, YUMC.K, Z.O, IMPUY & ANGPY