Author: Harry Watt
Stock Orora (ORA) $3.20 as at 10/10/2019 Event Japanese firm Nippon Paper has pulled together $1.7b today to buy Orora’s packaging unit, sending ORA shares higher early in the session, helping to overcome of some of the pain seen after the full year result in August. The sale represents a EV/EBITDA multiple of around 11.5x […]
**This is an extract from the Market Matters Weekend Report from 7 October. Click here to get access to the full report and more Do bond yields remain the key? Australia had our rate cut in October with another now expected by markets in the months ahead, this will take the RBA Cash Rate down […]
Stock Flight Centre (FLT) $41.80 as at 09/10/2019 Event The travel company has seen its share price tumble today, falling an index leading -11.5% after presenting at the Morgan’s conference in Queensland. Often used as a chance to talk up performance and engage new investors, Flight Centre took the opportunity to flag a disappointing start […]
We are currently cashed up, and even holding short exposure which feels right given the recent market volatility. However, the pullback has caused some green shoots to pop up – a number of stocks are starting to look interesting as the broader index softens. Our report on Friday morning outlined 5 stocks we have on […]
The biggest ASX IPO for 2019 is set to be Latitude Financial which has come back into the fray after it’s failed attempt a little over 12 months ago. Latitude is a consumer finance business which generated the bulk of earnings from teaming up with the likes of Harvey Norman offering interest free terms on […]
**This is an extract from the Market Matters Weekend Report from 29 September. Click here to get access to the full report and more The ASX200 finished the week down only a few points, not a bad performance considering US stocks made a fresh 3-week low although moves were fairly muted across most markets throughout […]
Stock Afterpay Touch (APT) $35.37 as at 25/09/2019 Event A double whammy of good news has rocketed APT to new heights this morning with shares trading over 11% higher at the time of writing. The first kick came from the AUSTRAC investigation where external auditors were brought in to assess the systems Afterpay had in […]
**This is an extract from the Market Matters Morning Report from 16 September. 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 Guys, great report, I read it religiously every day. I just wondered when […]
**This is an extract from the Market Matters Income Report from 17 September. Click here to get access to the full report and more Over the past week we’ve seem reasonable activity across bond markets , with prices down and yields up, the US 10-year bond yield now trading at 1.73% versus a recent low […]
Stock Sims Metals (SGM) $10.87 as at 16/09/2019 Event Scrap metals trader Sims has seen its profits slump in the first half on falling commodity prices, enough to warn the market just a few months into the year. The company said that the trade escalation continued “to reduce the demand for steel and aluminium” to […]
