Month: June 2020
Wesfarmers (WES) +0.14%: the retail side of the business provided an update to the market today, part of which highlights why they recently bit the bullet on Target with some decent write-downs. For the 2nd half to the end of May, Target sales fell 2% while Kmart saw 4% growth compared to the same period last year. While sales […]
Vocus (VOC) +2.88%: tightened guidance today for the full year result, lowering the top end of the EBITDA guidance for a range of $359-369m. The market was already looking for $365m, around the mid-point of the revised guidance so not too much to change for the analysts there. The telco also reworked their debt, moving out […]
**Please note: There will be no Weekend Report this long weekend, I’m heading up the coast for a few days R & R. We will be back on Tuesday and will answer Subscriber Questions**
Really bullish, there's more to go in the reflation rally
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