Month: February 2020
Wesfarmers (WES) $47.05 First half result yesterday for Wesfarmers reasonably close to market’s expectations, however the stock was bid up one some signs the slowdown in Bunnings’ sales growth may be behind it. Revenue and earnings were both up around 6% on a comparable basis. Bunnings, which now accounts for more than half of the […]
BHP Group (BHP) +0.91% 1H20 numbers out this morning. Revenue climbed 3% on the first half of 2019, while net profit jumped nearly 30% thanks to a commodity price tailwind in iron ore. The $US5.2b profit was around 2% below expectations for the half. The biggest miss was the dividend, with BHP reducing its payout […]
Really bullish, there's more to go in the reflation rally
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