Month: May 2019
Stock Suncorp (SUN) $13.68 as at 27/05/2019 Event Insurer and bank Suncorp has under performed the flat market today, slumping on news CEO Michael Cameron will exit after nearly 4 years in the top job. The news surprised the market coming just weeks from the end of financial year, with CFO Steve Johnston to move […]
Stock Vocus (VOC) $4.80 as at 27/05/2019 Event Telecommunications company Vocus (VOC) delayed the start of trading in its shares this morning after receiving a non-binding takeover proposal from Swedish private equity house EQT. The indicative offer of $5.25 is a 35% premium to where shares closed on Friday night which is enough to grant […]
Stock Aristocrat (ALL) $28.67 as at 23/05/2019 Event Gaming company Aristocrat has jumped to 6 month highs in today’s session on the back of a solid first half result. The gambling leveraged play posted a normalized net profit of $422m for the 6 months, up 17% on the same period last year, coming in slightly […]
Really bullish, there's more to go in the reflation rally
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