Michael Gable of Novus Capital expects ongoing volatility on the Australian market, and believes Computershare will fall further before presenting a buying opportunity.
Despite talk of diminishing supply and Japanese reactor restarts, uranium continued to back track in June, falling below US$40/lb for the first time in more than seven years.
Australia had it easy while the rest of the world suffered the GFC and its jobs market, but it looks like we’re set to catch up.
A new Prime Minister opens up the debate on the MRRT and carbon tax, while steel prices diverge and oil demand slows in emerging markets.
BIS Shrapnel sees the residential property market quite mixed over the next three years. Star performers WA and NT will lose some gloss while NSW and Qld are the improvers.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. A lower Aussie has recently led brokers to upgrade Macquarie Atlas but CIMB argues renewed euro strength is likely and French traffic stats are vulnerable.
Phillip Capital reviews Australian economic data and moves in stock, currency and gold markets.
Weekly update on recommendation, target price, and earnings forecast changes.
A wrap of the day’s activity on the Australian stock market.
Senex Energy offers significant unconventional oil and gas upside potential underpinned by steady and increasing high-margin oil production. Stockbrokers’ enthusiasm is steeply on the rise.