Sample Reports | Old Reports | Not Current

Stockland (ASX:SGP)
Special
medium
B
On track in F18 In its fiscal third quarter update diversified property company Stockland (ASX:SGP) reaffirmed profit growth guidance for the year ending June, with the company “on track” due in part to continuing positive residential market conditions and improving retail sales growth. Stockland has also continued to make strategic asset sales and will build its first standalone childcare centre outside of the retail portfolio, to further add appeal to its residential communities. Stockland (ASX:SGP) has guided towards funds from operations (FFO) –
Westpac (ASX:WBC)
Core
medium
S
Fat Prophets take Profits Despite a solid first half result that delivered a ‘clean’ 6% year-on-year increase in cash earnings and a relative legal victory (albeit not a moral one) regarding the bank bill swap rate (BBSW) case, Westpac (ASX:WBC) shares have entered a downward trend over the past six months. With the interim results setting a relatively high hurdle for Westpac to leap over given some headwinds, we view it as an appropriate time to take profits on the position. Westpac
Praemium (ASX:PPS)
Speculative
high
B
FUA on the up Shares in investment platform provider, Praemium (ASX:PPS) have ebbed and flowed since our last review, and in line with the gyrations in the stock market. The shares did not escape the February sell-off, but have staged a firm recovery since the April lows. The company’s strong operational performance certainly continues to justify investor faith, with funds under administration (FUA) recently surpassing the $7.8 billion mark. Robust inflows and rising FUA have been a hallmark of Praemium in recent
Special Report – Cryptocurrency Update
Special Report – Cryptocurrency Update After peaking in Mid-December, Bitcoin along with many of the larger cryptocurrencies seemingly have fallen out of favour amidst an increasingly restrictive regulatory environment while many market participants (exchanges, coins) are facing issues of their own. Today we provide an update on the sector, having covered it a few times previously and we take a look at the latest developments, and whether our view has changed. Recap It’s been more than 5 months since our last look at
BHP Billiton (ASX:BHP)
Core
medium
B
3Q18; good operational result BHP Billiton (ASX:BHP) has released its third quarter operational activities to 31 March 2018, and in doing so has revealed a good set of operational numbers. The company reported better production numbers by three of its four key operations, and some excellent cameos by a number of its non-core product offerings.  Going into the last quarter, the company narrowed some of its 2018 guidance ranges, to give the changes somewhat of a downgrade feeling in key product
ARB Corporation (ASX:ARB)
Speculative
high
H
Putting the Pedal to the Metal Four-wheel drive (4WD) accessory specialist, ARB Corporation (ASX:ARB) recently released its May trading update showing management putting the pedal to the metal for growth, with the company ramping up its capacity in Thailand and Keysborough, Victoria, while also devoting more branches to the domestic market to match growing demand. We also take a quick look at the First Half numbers. Recap and What’s New? In our last coverage of the stock back in December (FAT-AUS-851) we reviewed
National Australia Bank (ASX:NAB)
Core
medium
B
Changing with the Times National Australia Bank’s (ASX:NAB) first half cash earnings were hit by restructuring charges and an investment in technology to whittle down the bank’s future structural cost base. Management also flagged that the bank will pursue the sale of the MLC wealth business, following the trend of other peers to divest non-core assets. Financial advice businesses have been in the headlights – and not in a good way – due to revelations from the Royal Commission review of the
Australian Vintage (ASX:AVG)
Speculative
high
S
Fat Prophets take profits Shares in Australia’s fifth largest winemaker, Australian Vintage (ASX:AVG), have been fairly flat since our take profits recommendation two months ago. In our last report we covered the company’s strong interim results which showed that the vintner had benefitted from an unusually strong harvest domestically amidst weaker global supply. Sales in Europe were particularly strong, though we believe this to be an outlier and that the looming Brexit may reverse these gains. Image Source: Company Presentation We recommended banking


About these archived stock reports

These are archived Fat Prophets equity research stock reports and share analysis. They do not constitute current investment advice, financial product advice, or a recommendation to buy, sell or hold any financial product. They are provided for historical reference only, and reflect the market conditions, company information, forecasts and opinions available at its original publication date. The information may no longer be current or applicable. Past performance is not a reliable indicator of future performance.

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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