03/03/2022 09:27

Coles Group (COL) $17.60

We have looked at Woolworths (WOW) over recent weeks as it corrected over 20% but on balance we actually prefer rival COL around the current $17.50 area after the markets positive reaction to its 1st half result in late February.

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22/02/2022 17:33

Coles (COL) $17.27

COL +3.17%: A good set of 1H22 results today for Coles, particularly in the context of where the share price has traded over the past 6 months, down from ~$19 to below $16 on concerns around supply chain issues. Group sales were $20.5bn for the half up 1% on last year while EBITDA of $1,762bn was 2.2% down on 1H21 which shows the additional covid related...

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17/01/2022 09:28

Chapter 3 – Increase flexibility & quality

We have already touched on increasing defensives and cash through 2022 but what stocks to hold in respective sectors and the market as we alluded to earlier ultimately dictates portfolio performance and as we expect shorter and sharper cycles opportunities to buy & sell are likely to present themselves at regular times – not being active enough on the sell side was probably our largest portfolio detractor last year.

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12/01/2022 09:26

Active Income Portfolio

The Income Portfolio is up +1.97% since our last update although it fell marginally this week, down by -0.20% in a market that lost more than 2% while cash remains at ~4%.  AGL Energy (AGL) was the main winner up +10.30% supported by BHP +5.36% & Alumina (AWC) +3.88%. On the flipside, Metcash (MTS) fell -4.47% while Smart Group...

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18/08/2021 09:22

Reporting Today (BHP, BXB, COL, DMP, DHG, ABP, BAP, CTD, NWL, OZL, SUL)

A huge session on the reporting front today we’ll work through results throughout the day. Companies reporting today on MM’s radar include: BHP Billiton (BHP): Reported FY21 results overnight that were largely inline, however a lot of moving parts as we discuss below. Brambles (BXB): Reported yesterday afternoon and the earnings were inline with expectations. Underlying profit was $879.3. which was up 10% y/y and a whisker ahead of the $877m expected

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17/06/2021 17:04

Coles Group (COL) $16.29

COL -4.46%: The Supermarket was hit today after announcing more aggressive growth plans that require large amounts of money to execute on.

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05/03/2021 09:03

Coles Group Ltd (COL) $15.40.

Coles shares have tumbled ~15% over the last couple of weeks following their half-year results, the headline result was ok but loss of market share and an uncertain short-term outlook has weighed on the share price. COL increased revenue 8% to $20.6bn flowing down to a 14.5% lift in profit to $560m but the outlook that the best is now behind it has been the cause of the decline.

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18/02/2021 09:36

Coles (COL) $17.20

Coles (COL) -5.39%: EBIT up 12% for the first half on 1H20, taking the figure over $1b and marginally ahead of expectations.

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