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Month: July 2020

Oil Search (OSH) +4.32% While energy names were broadly higher today, Oil Search stood out above the pack on a decent quarterly. While production fell 1% in the second quarter, revenue was smashed 26% for a first half total of $US625.6m, 19% on last year given the steep slide in energy prices in the period. […]

  • Posted in ASX:OSH
  • Comments Off on Oil Search (OSH) cuts costs as price falls

BHP Group (BHP) +1.09% Performed in line with peers – which underperformed the market – on the back of their 4th quarter production numbers. For the bulk, they were largely as expected, particularly in the key profit drivers. BHP’s largest earner is Iron ore with around 60% split at the EBIT level and the company delivered […]

  • Posted in ASX:BHP
  • Comments Off on BHP finishes the year strong

BlueScope Steel (BSL) +3.02% Found some supporters in the analyst department with a number of brokers pushing price targets higher after pre-releasing FY20 results late last week. The company guided 2nd half EBIT to “around $260 million” which would be -48% on last year, taking full year EBIT to around $560m, off ~60% on FY19. The […]

  • Posted in ASX:BSL
  • Comments Off on Bluescope (BSL) managing well despite interuptions

HUB24 (HUB) -0.16% Started with a bang, finished with a whimper though still marginally outperformed the broader market after providing a FUA update for the July quarter, rounding out FY20. It was a record year for HUB with further inflows in the final quarter, and the benefit of a strong market increasing FUA by 14% […]

  • Posted in ASX:HUB, ASX:HUB
  • Comments Off on HUB24 gaining market share
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