Month: February 2020
Flight Centre (FLT) -2.38% The travel bookings company briefly halted trading mid-afternoon today to update the market ahead of their 1st half result talking up the first 6 months of the year, but pouring cold water on full year guidance as the coronavirus impacts travel. the company expects first half to come in slightly ahead […]
REA Group (REA) +3.1% REA Closed higher today despite what was on most accounts a difficult first half. Trading on a huge 40x earnings, REA saw profit fall 13% to $152.9m in the first half of the year, around 6% below consensus data, on a decline in listings weighing on earnings. The company noted residential […]
Nick Scali (NCK) +10.80%; shot to new 52-week highs today despite falling sales in both LFL and overall metrics as well as falling margins. Nick Scali noted a slip in sales back in October last year, blaming slowing housing sales and renovations for a drop in foot traffic, and subsequently guided the market lower. Today […]
Coles (COL) -0.12%; provided the market with a trading update this morning ahead of their official half year numbers due out in a fortnight. The update was a positive one for Coles’ supermarkets, showing 3.6% same store sales growth for the second quarter with the Christmas trade period exceeding expectations. The strong supermarket numbers were backed up […]
Service Stream (SSM) -9.09%: The essential network services provider reported after market on Wednesday, and on Thursday they were hit hard, down around 9.09%. The result was a decent one, inline with prior guidance however it seemed the market had gotten slightly ahead of itself. Macquarie put out a bullish note a few days ago […]
**This is an extract from the Market Matters Morning Report from 3 February. 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 3 “Hi Team, Thanks for a great and profitable service over the last year or […]
Really bullish, there's more to go in the reflation rally
Please enter your login details
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
To reset your password, enter your email address
A link to create a new password will be sent to the email address you have registered to your account.
Enter and confirm your new password
Congratulations your password has been reset
Sorry, but your key is expired.
Sorry, but your key is invalid.
Something go wrong.
Only available to Market Matters members
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Smart Phone App
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
