FINANCIAL NEWS
ASX Winners And Losers Of Today – 09-10-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Oct 09 2024
Treasure Chest: IDP Education
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is IDP Education
Oct 09 2024
ESG Focus: The Little Big Things – 08-10-2024
The European Union gets tough on PFAS and deforestation; Australian companies updating ESG goals, plus: green hydrogen, not so fast folks
Oct 09 2024
HMC Capital: More Upside Through Private Credit
HMC Capital is an alternative real estate fund manager offering exposure to a rapidly growing segment of global investor interest; the private credit market
Oct 09 2024
Technical Views On Nasdaq, ASX200 & WTI Crude
Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200 and WTI crude
Oct 09 2024
Shaw and Partners rates FFM as Buy, High Risk
Via an equity raise management at FireFly Metals has raised $65m to (largely) accelerate drilling at the Green Bay copper-gold project in Newfoundland, Canada.
The company is catalyst rich over the next six months, highlight the analysts at Shaw and Partners, with two resource updates, more step-out drilling results and down hole electromagnetic (EM) survey results
The target price falls to $1.40 from $1.50. Buy, High Risk rating retained.
Citi rates GMG as Buy
Citi highlights a report from Datacentrenews stating Goodman Group has completed construction of a third building at its Tsuen Wan West data centre campus in HK and has handed it over to GDS Holdings, whom the group are working with.
The new data centre has a 50MW capacity and is part of the 225MW capacity of the Goodman Tsuen Wan West campus. Previously it was an old textiles factory, bought by Goodman Group in 2014, the broker notes.
Citi remains upbeat on the group's medium and long-term growth outlook with the 5GW global data centre power bank and $13bn of work in progress of which data centres are 40% of 400MW power bank.
Buy rating and $40 target unchanged.
Bell Potter rates SVW as Buy
Bell Potter considers Seven Group's earnings growth outlook at 'high-single digit' as "conservative" and believes analyst upgrades are probable at the 2024 AGM or 1H25 earnings results.
WesTrac is highlighted as the possible catalyst for upgrades with the division expected to announce strong revenue growth and generate over 80% of the group's EBIT growth in FY25.
In contrast, the analyst notes a near-term recovery in housing markets is unlikely, while engineering construction work commenced in NSW, and VIC remains under pressure, compared to growth in QLD and a recovery in WA.
Boral and Coates will be most impacted in NSW and VIC.
Buy rating remains. Target price lifts to $48.50 from $46. No major changes to EPS forecasts.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
To display the stock analysis for a company please enter the company code:
ANZ | ANZ GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$30.11 08 Oct |
OPEN $29.87 |
HIGH $30.30 |
2,857,601 LOW $29.86 |
0.120| TARGET | |||
| $27.372 -9.1% downside | |||
| Franking for last dividend paid out: 65% |
| Title | FY22 Actual |
FY23 Actual |
FY24 Forecast |
FY25 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 236.8 | 224.0 | xxx |
| DPS (cps) | xxx | 175.0 | 164.8 | xxx |
| EPS Growth | xxx | - 5.3% | - 5.4% | xxx |
| DPS Growth | xxx | 20.3% | - 5.8% | xxx |
| PE Ratio | xxx | N/A | 13.5 | xxx |
| Dividend Yield | xxx | N/A | 5.5% | xxx |
| Div Pay Ratio(%) | xxx | 73.9% | 73.6% | xxx |
DAILY FINANCIAL NEWS
Treasure Chest: IDP Education
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is IDP Education
Oct 09 2024 - Treasure Chest
The European Union gets tough on PFAS and deforestation; Australian companies updating ESG goals, plus: green hydrogen, not so fast folks
Oct 09 2024 - ESG Focus
HMC Capital is an alternative real estate fund manager offering exposure to a rapidly growing segment of global investor interest; the private credit market
Oct 09 2024 - Small Caps
Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200 and WTI crude
Oct 09 2024 - Technicals
Michael Gable of Fairmont Equities sees shares in BHP Group returning to $50, yet again
Oct 08 2024 - Technicals
Following disappointment in August, new research highlights upside potential from new market opportunities for Audinate Group
Oct 08 2024 - Small Caps
PR NEWSWIRE
Fractal Achieves The AWS Generative AI Competency
Oct 09 2024 - PR NewsWire
Spring Growth Spurt, Witsbb Vitamin D for Babies Popular at Leading Australian Pharmacy Chains
Oct 09 2024 - PR NewsWire
Soprano Design Celebrates 30 Years of Continued Innovation
Oct 09 2024 - PR NewsWire
Webull’s Group President visits Asia-Pacific, affirms commitment to the region
Oct 09 2024 - PR NewsWire
Archistar Secures Contract with the City of Austin for Groundbreaking AI-Powered Automated Building Permit Assessment Platform
Oct 09 2024 - PR NewsWire
High tech specs and adapted World Cup pitch sensors awarded share of £1.5m as finalists in Longitude Prize on Dementia
Oct 09 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Market Reflects Risk & Opportunities
In this week’s Weekly Insights: -Market Reflects Risk & Opportunities-All-Weather Model Portfolio By Rudi Filapek-Vandyck, Editor Market Reflects Risk &…
Oct 09 2024
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 09-10-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Oct 09 2024
The Overnight Report: China Trade In Reverse
A global perspective on what happened overnight
Oct 09 2024
Today’s Financial Calendar – 09-10-2024
Significant Scheduled Events For 09 October, 2024
Oct 09 2024
ASX Winners And Losers Of Today – 08-10-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Oct 08 2024
Australian Broker Call *Extra* Edition – Oct 08, 2024
Extra Edition of the Broker Call Report
Oct 08 2024
The Overnight Report: US Bonds Repricing
A global perspective on what happened overnight
Oct 08 2024
Today’s Financial Calendar – 08-10-2024
Significant Scheduled Events For 08 October, 2024
Oct 08 2024
WEEKLY REPORTS
Weekly Update On LICs & LITs – 07-Oct-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Oct 08 2024
Uranium Week: Shorts Versus Growing Demand
By all indications the month of September signaled a reversal in the 2024 “backwardation” trend for the U308 spot price; have the short sellers received the memo?
Oct 08 2024
Australian Listed Real Estate Tables – 07-10-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Oct 07 2024
Weekly Ratings, Targets, Forecast Changes – 04-10-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Oct 07 2024
Next Week At A Glance – 7-11 Oct 2024
A brief look at important company events and economic data releases next week
Oct 04 2024
Weekly Top Ten News Stories – 4 October 2024
Our top ten news stories from 26 September 2024 to 03 October 2024
Oct 04 2024
In Case You Missed It – BC Extra Upgrades & Downgrades – 04-10-24
A summary of the highlights from Broker Call Extra updates throughout the week past
Oct 04 2024
In Brief: Collins Food, Domino’s, Guzman y Gomez & Artrya
Weekly Broker Wrap: What’s brewing in the quick service sector; cardiac CT diagnosis company Artrya gets an AI boost; special dividends make a comeback
Oct 04 2024
The Short Report – 03 Oct 2024
FNArena’s weekly update on short positions in the Australian share market
Oct 03 2024
THE MARKETS
-
Australia
09 October 2024 Updated : 20:12 AEDT
SPI Overnight
8236.00
+15.00
0.18%
NZ50
12776.130
+220.140
1.750%
All Ordinaries
8456.80
+13.10
0.16%
S&P ASX 200
8187.40
+10.50
0.13%
S&P ASX 300
8129.30
+10.80
0.13%
Communication Services
1613.80
+22.30
1.40%
Consumer Discretionary
3807.80
+39.10
1.04%
Consumer Staples
12457.60
+121.00
0.98%
Energy
9193.80
-231.20
-2.45%
Financials
8209.50
+44.90
0.55%
Health Care
45296.60
+448.20
1.00%
Industrials
7440.70
+62.90
0.85%
Info Technology
2711.50
+37.80
1.41%
Materials
17305.40
-244.50
-1.39%
Real Estate
4014.70
-21.10
-0.52%
Utilities
9080.10
+74.10
0.82%
A-REITs
1831.50
-10.10
-0.55%
All Technology Index
3545.60
+63.00
1.81%
Banks
3426.40
+15.50
0.45%
Gold Index
8527.30
-52.30
-0.61%
Metals & Mining
5646.70
-87.60
-1.53%
-
World
09 October 2024 Updated : 20:12 AEDT
CAD/USD
0.7315
0.00
-0.19%
EUR/JPY
162.95
+0.48
0.29%
EUR/USD
1.0959
0.00
-0.30%
GBP/USD
1.3080
0.00
-0.12%
USD/JPY
148.69
+0.85
0.57%
-
Aus Stocks
09 October 2024 Updated : 20:12 AEDT
Amcor (US)
11.08
-0.03
-0.27%
Newmont (US)
52.74
-0.24
-0.45%
Rio Tinto (UK)
5020.47
-23.53
-0.47%
BHP Group (US)
58.40
-2.41
-3.96%
Rio Tinto (US)
66.66
-2.96
-4.25%
ResMed (US)
236.06
+3.77
1.62%
South32 (UK)
181.60
-2.80
-1.52%
James Hardie (US)
36.99
-0.01
-0.03%
Janus Henderson (US)
38.96
+0.31
0.80%
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CALENDAR
Thursday, 10 October 2024
JP Sept PPI US Sept CPI US Sept PPI AZJ AGM NWL Sept qtr trading update TLC investor briefing Friday, 11 October 2024
NZ Sept PMI UK Aug Industrial Production UK Aug trade balance UK GDP US Oct U of Michigan Sentiment US Sept PPI ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$38.04 CSL CSL LIMITED
$295.00 REA REA GROUP LIMITED
$216.50 TNE TECHNOLOGY ONE LIMITED
$24.38 WOW WOOLWORTHS GROUP LIMITED
$33.30 WEEKLY PDF
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FNARENA TALKS
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FNARENA WINDOWS
Window on EDUCATION & TUITION
Treasure Chest: IDP Education
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is IDP Education
Oct 09 2024
Window on WEALTH MANAGEMENT & INVESTMENTS
HMC Capital: More Upside Through Private Credit
HMC Capital is an alternative real estate fund manager offering exposure to a rapidly growing segment of global investor interest; the private credit market
Oct 09 2024
Window on BULKS
BHP Shares Eyeing Return To $50
Michael Gable of Fairmont Equities sees shares in BHP Group returning to $50, yet again
Oct 08 2024
GEN AI
Dicker Data Preps For PC Refresh Cycle Upswing
Analysts see value in Dicker Data shares based on second quarter momentum and potential upside to PC sales
Sep 17 2024