Author: Harry Watt
Stock Appen (ASX: APX) $12.50 as at 15/11/2018 Event In a day where much of the market is heading lower, one stock stands out with Appen jumping this afternoon, currently trading over up 11% on the day. The machine learning business today revised 2018 guidance higher just 6 weeks before the year end. The new […]
Stock Pact Group (ASX: PGH) $3.25 as at 15/11/2018 Aveo Group (ASX: AOG) $1.70 as at 15/11/2018 Lendlease (ASX: LLC) $12.78 as at 15/11/2018 James Hardie (ASX: JHX) $16.17 as at 15/11/2018 Lovisa (ASX: LOV) $7.85 as at 15/11/2018 Kogan.com (ASX: KGN) $2.65 as at 15/11/2018 Event Investors should get into the brace position as […]
Stock Pact Group (ASX: PGH) $3.21 as at 14/11/2018 Event The packaging company has plummeted in this morning’s trade while their AGM takes place, currently trading down -11% on the day. The market has reacted negatively to the company’s outlook which flagged a soft start to FY19 and guidance that was well below expectations for […]
Stock WiseTech Global Ltd (ASX: WTC) $15.09 as at 13/11/18 open Afterpay Touch Group Ltd (ASX: APT) $11.80 as at 13/11/18 open Appen Ltd (ASX: APX) $11.28 as at 13/11/18 open Mayne Pharma Group Ltd (ASX: MYX) $1.12 as at 13/11/18 open Event It’s one of those days where investors will be wishing they could […]
Stock Ruralco holdings (ASX:RHL) $3.00 as at 13/11/2018 Event Agricultural stocks have been in focus this week with Elders (ASX:ELD) hitting it out of the park yesterday with better than expected full year numbers, while today we have seen Ruralco Holdings (ASX:RHL) beat expectations by around 7% at the profit line. The diversified agricultural company […]
In times gone by October has brought some historic and tumultuous events to the world in equities: “ The October effect” – the infamous reputation has evolved over the decades due to the events of The Panic of 1907, Black Tuesday (1929), and Black Monday 1987 when the Dow crashed -22.6% in one day. Interestingly […]
Stock Fortescue (FMG) $3.74 as at 3/10/2018 Event Fortescue has taken a hit today, off -3.61%, following the release of Morgan Stanley’s (MS) deep dive into the business and the iron ore market. MS initiated coverage on the stock with the equivalent of a sell and a price target that was ~16% below yesterday’s close. […]
Stock a2 Milk Co. (ASX:A2M) $11.00 as at 11/09/2018 Event A2 Milk (ASX:A2M) reaffirmed guidance in their investor presentation for the CLSA investor forum in Hong Kong released to the market today. The stock has bounced 3.84% as a result – broadly in line with other growth stocks (Bellamy’s up 3.4%), but also assisted by […]
Stock Harvey Norman (ASX:HVN) $3.66 as at 31/08/2018 Event The retailer announced FY18 numbers this morning packed with plenty of surprises. The result itself looked positive, especially on an underlying basis stripping out one off impacts with underlying profit at 377M, 6.5% above forecasts. Along with a big dividend taking the total pay out to […]
Stock Domino’s Pizza (DMP) $47.39 as at 14/08/2018 Event The result was undercooked at Dominoes this morning, and the stock is trading down 9% at the time of writing as the market sends back their orders. The big revenue miss into a smaller profit miss shows that an effort is being made to reduce some […]
