JP Morgan on CGF outlook
While CGF continues to benefit from dislocated credit markets and sales momentum, we see risks over the medium term. If credit markets reverted to normal conditions, we would expect ROEs to reduce to...
View ArticleBroker Commentary for 01/08/12
DUE DUE today announced that it had reached an agreement with its Managers, AMP Capital and Macquarie Capital. This is a positive development for the group, and puts the company in line with its peers...
View ArticleBroker Commentary for 03/08/12
IOH IOH is trading $22m above its cash backing of $110m. IOH looks cheap trading at only $22m above its cash backing of $110m ($0.68/sh). In Feb 2012, IOH signed a MoU with FMG, which granted FMG with...
View ArticleCompany and World Economic News for 17/08/12
AWC interested at the idea of acquiring global miner BHP Billiton Limited’s alumina assets in Brazil. AFR WES Coles division had plenty of room for improvement, despite the retailer helping boost the...
View ArticleWorld Economic and Company News for 25/09/12
25/09/2012 LEI intends to explore a potential divestment of Nextgen Networks, Metronode and Infoplex. The decision is part of the Company’s previously announced strategy of recycling capital as these...
View ArticleWorld Economic and Company News for 09/10/12
08/10/2012 US The Bureau of Labor Statistics reported a seasonally adjusted increase in US payrolls of 114,000 for last month. Although that number was lower than the expected tally of 118,000,...
View ArticleWorld Economic and Company News for 27/11/12
LEI Thiess welcomes the announcement by the Federal and NSW State Governments today that the Thiess MacMahon joint venture (TMJV) has been selected as preferred contractor by the NSW Government to...
View ArticleWorld Economic and Company News for 30/11/12
MTS Reported revenue rose 3.5% from 1H12 to $6.34 billion. Wholesale sales rose 3.5% from 1H12 to $6.28 billion. EBITA grew 1.2% from 1H12 to $206.2 million. Underlying Profit After Tax grew 4% from...
View ArticleCompany News for 28/02/13
AGK Gas producers such as Exxon and STO are seeking to raise prices while heavy losses are likely after losing access to prime gas reserves in NSW SMH AIX AIX notes press reports today regarding...
View ArticleCompany News for 19/04/13
AAC Australia’s largest beef cattle producer, the Australian Agricultural Company announced it would sell two non-strategic Queensland properties, Brighton Downs and Adelong. Company report AAC...
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