Author: Harry Watt
Stock ResMed (RMD) $20.50 as at 25/10/2019 Event Medical technology company ResMed has soared to all-time highs today on the back of a solid first quarter result. Shares are around 10% higher today although were as much as 15% higher earlier in the session. The quarterly update that was released before the market open showed […]
**This is an extract from the Market Matters Morning Report from 21 October. 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 5 “Hi, what are your thoughts on CIA & DCG?” – David H. Morning David, […]
**This is an extract from the Market Matters Morning Report from 8 October. 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 1 “Hi, just checking your thoughts on Transurban and Newcrest” – Tim W. Morning Tim, […]
Stock Kogan.com (KGN) $6.93 as at 23/10/2019 Event Online retailer Kogan is currently trading slightly lower today, despite being as high as $7.50 earlier in the session, 7.5% better than yesterday’s close. The retailer was out with a business update pointing to 16% sales growth and 28% profit growth vs the 1st quarter of FY18 […]
Stock Whitehaven Coal (WHC) $3.38 as at 16/10/2019 Event The September quarterly production reporting seems to be keeping the market busy at the moment. Today alone we have seen the following companies update: Orocobre (ORE), -3.8% on a 10% fall in production vs the June quarter with lithium prices less than half of levels seen […]
**This is an extract from the Market Matters Weekend Report from 20 October. Click here to get access to the full report and more The ASX200 may have traded sideways for almost 20-weeks but after surging 27% from last Decembers 5410 low a prolonged period of consolidation is normal, it’s just unfortunately easy for investors […]
Stock IOOF (IFL) $7.00 as at 17/10/2019 Event The turnaround in recent months for IFL continued today, with the stock leading the index gains by adding 10% so far in the session against the backdrop of the ASX200 which has fallen 0.2%. IOOF was out with an update on their acquisition of ANZ’s OnePath Pensions […]
Stock Nick Scali (NCK) $6.20 as at 15/10/2019 Event Mid-tier furniture retailer Nick Scali has seen its shares tumble as much as 22% this afternoon after a midday release to market that showed a dive in sales. The trading update noted falling store traffic which had led to falling LFL sales, “which are currently down […]
Stock Santos (STO) $7.90 as at 14/10/2019 Event Santos has stormed ahead of the strong Energy sector today after announcing a deal to buy a number of assets in the northern parts of Australia. The $US1.4b deal with ConocoPhillips will see Santos take on interest in 4 LNG projects – Darwin LNG, Bayu-Undan, Barossa and […]
**This is an extract from the Market Matters Income Report from 9 October. Click here to get access to the full report and more CBA this morning have a launched a new hybrid security, looking to raise ~$750m, however they’ll likely do more. This is a tier 1 security structured in a similar way to […]
