Daily FNArena News - Treasure Chest

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Macmahon Holdings has narrowed mine contracting to Australia and Indonesia and Moelis initiates coverage of the stock.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The share price of Alumina Ltd has shot up as the market factors in the potential impact of sanctions on Russian individuals and companies.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Bank of America Merrill Lynch has set a Buy rating for Amcor, suggesting the market has factored in what are likely only short term issues.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. As Michael Hill exits the US and restructures Emma & Roe, brokers see a cleaner and improved FY19 and a closing of the stock’s valuation discount.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. RBC Capital Markets suspects Fortescue Metals will find it hard to achieve a broad uplift in iron ore grades and cost savings will also be difficult to obtain.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Fed tightening, US tax reform and elevated speculative positions all make the gold price potentially vulnerable in the December quarter.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Brokers suggest that in focusing on disappointing production report from Sino Gas & Energy, the market has missed the far more positive news contained in the company’s quarterly update.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Pressure on LNG prices put Woodside’s returns at risk when contracts are negotiated at a time of peak oversupply.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Goldman Sachs has downgraded Treasury Wine Estates to Sell, suggesting Chinese demand growth is abating.