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Month: February 2019

Stock Medibank (ASX: MPL) $2.88 as at 15/02/2019 Event The local health insurance giant has traded higher today after posting a messy result before the open. The profit might have slipped over 15%, but investors have focussed on the positives particularly given that drop was driven by poor investment income and not underlying business performance. […]

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  • Comments Off on The market doesn’t mind Medibank’s profit slip

Stock Breville Group (ASX: BRG) $14.42 as at 14/02/2019 Event Breville has burst out of the gates today to rally to new all-time highs following an impressive first half report. The homeware distributor saw strong growth in the first half on the previous comparable period, with adjusted net profit after tax (NPAT) up 14.8% beating […]

Stock Telstra (ASX: TLS) $3.14 as at 14/02/2019 Event Australia’s biggest telco announced its first half results today showing a substantial decline in earnings compared to the prior year as the NBN continues to erode Telstra’s earnings. We reviewed the stock last year here. For the 6 months, net profit was $1.2b, down over 25% […]

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  • Comments Off on Telstra (ASX: TLS) divi cut again

Stock CSL Limited (ASX: CSL) $186.34 as at 13/02/2019 Event It’s been a volatile start to the day for blood plasma business CSL this morning after reporting their first half numbers to the market. The CSL share price originally traded higher before quickly selling off, falling over 5% from high to low as the market […]

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  • Comments Off on Market too optimistic on CSL result
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