Month: May 2020
**This is an extract from the Market Matters Morning Report from 15 May. Click here to get access to the full report and more 1 Event Hospitality (EVT) $7.37 Cinema operator EVT is a Sydney based $1.2bn business that has been significantly impacted by COVID-19 and will continue to be so while social distancing remains […]
Graincorp (GNC) +11.55%: shot higher, reversing a soft start to the week with the market concerned with China’s keenness to tariff Australian exports. Today though the focus was turned back on to the businesses strong first half trade which saw earnings swing back into a profit. The 1st half EBITDA figure of $183m was a beat […]
Xero (XRO) -4.77%: Full year results for the accounting software provider and the stock dropped on the back of it. The short-term numbers were a tad below market expectations which accounts for the weakness, revenue $718m v $730m exp, EBITDA $137.7m v $150m expected while they booked a small net profit for the year. This […]
Really bullish, there's more to go in the reflation rally
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