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Month: August 2019

Blackmores (BKL) –14.85%: Another weak update from BKL with underlying profit at $55m for the full year v $60m expected. Top line sales the issue with revenue coming in at $610m, a long way below expectations of $752m and below the most bearish analyst expectations (range was $628m-$798m). The dividend was short of expectations and they […]

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Telstra (TLS) -1.78%; The big telco traded lower today but marginally outperformed the market. The big EBITDA miss was an anomaly, but the dividend was inline. The outlook was a beat for the first time in a while for Telstra. FY20 EBITDA expectations were $8.9b-$9.8b while expectations were at the lower end at $9.1b. The Telstra […]

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  • Comments Off on Telstra guides to a strong FY20

**This is an extract from the Market Matters Morning Report from 12 August. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access to the full report and more Question 1 “Question for the weekly report: Hi, I am a new subscriber and find the […]

Stock CSL Ltd (CSL) $233.35 as at 14/08/2019 Event Blood medicine company CSL has shot higher in today’s session to set new all-time highs on a solid set of FY19 numbers and an even better outlook. Those fearing the company had seen the back of its strong growth rate welcomed the guidance pointing to profit […]

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Stock Pact Group (PGH) $2.23 as at 14/08/2019 Event The packaging manufacturer has slumped today, trading 19% lower in the session as the share price heads towards 52-week, and all time, lows. Pact Group’s fall comes as a result of full year results announced this morning. The result was more or less in line with […]

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