Month: February 2019



The $A has hit our mid / high 60c targeted area and we believe that we will see 80c in 2019 / 2020. – MM remains very wary of the crowded US earners trade medium / longer-term. Our view is based on a few pieces of the puzzle starting with the extreme pessimism towards the $A […]

Stock Macquarie Bank (ASX: MQG) $125.62 as at 12/02/2019 Event An operational update has helped the Macquarie (ASX: MQG) share price rally today with the bank performing well in the December quarter. Now three quarters through for the bank’s March year end, Macquarie is looking at an ‘up to 15%’ increase in profit for the […]



Stock Bendigo (ASX: BEN) $10.68 as at 11/02/2019 Event The regional bank has slumped today, taking other financial stocks with it on a soft first half result. Bendigo has missed on expectations, as costs rise and income falls – BEN missing expectations by ~2% at the profit line. Bendigo was hoping to see loan growth […]

Stock JB HiFi (ASX: JBH) $23.45 as at 11/02/2019 Event JB Hi-Fi is the first cab off the ranks for the big retail names, releasing their first half numbers this morning. The result is slightly better than expected, and although it contained some downbeat commentary, it was not the car crash the market had feared. […]

Really bullish, there's more to go in the reflation rally
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