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Month: February 2020

Altium (ALU) -13.49% They were out with 1H20 earnings after market yesterday, although they did go into a trading halt during the match which is strange. In any case, the guidance is really key in this business and what the market has focused on, and to that end they guided to full year revenue to […]

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Bendigo Bank (BEN) The regional was out with 1H20 results yesterday and as widely expected, they also launched a $300m capital raise to boost their balance sheet. In terms of the result, they experienced 1% loan growth on the half, which included a 3% increase in residential lending offsetting a decline in  commercial lending. Like […]

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  • Comments Off on Bendigo (BEN) raises capital

AMP $1.87 A bad result for the group yesterday, but something the market expected. Wealth Management outflows have crippled earnings which sank to a loss of $2.5b. on an underlying basis, earnings fell around 30% to $464m for the full year. There was $6.3b of outflows in the year, although around a third came from […]

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  • Comments Off on Have shares in AMP found the bottom?

IDP Education (IEL) +28.42%: surged into new all-time highs today with a solid half year result more than offsetting the coronavirus related weakness of the past few weeks. The student placement services, and English language testing operator saw a 42% lift in NPAT in the first half on the back of decent revenue growth across […]

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