Daily FNArena News - Australia

Viva Energy REIT has a property portfolio of service stations in Australia offering fixed income growth. Ord Minnett initiates coverage of the stock.

Following yet another weak inflation result, is an RBA rate hike in 2018 even a remote possibility?

GUD Holdings posted a robust first half and brokers are largely positive on the outlook, which remains heavily premised on further automotive acquisitions.

All business divisions at Credit Corp performed strongly in the first half. Brokers diverge as to whether the positive outlook is fully priced into the stock.

Despite increased discounts for its iron ore product in the December quarter, Fortescue Metals maintains FY18 guidance.

Australia’s dominant ‘buy now, pay later’ success story is leveraging its first-mover advantage to target the US, an ecommerce opportunity worth 20 times the local market.

Iluka Resources maintained strong output of mineral sands in the December quarter while brokers flag substantial price increases for both zircon and rutile over 2018.

Brokers are focused on the Zodiac discovery as Northern Star Resources accelerates its growth plans and exploration.

Western Areas generated positive cash flow and sustained record production in the December quarter but most brokers are wary about the upside, given the nickel price implied in valuations.

Breathing disorder therapist ResMed impressed brokers with its December quarter result but several suspect that much of the potential is already factored into the current share price.