Daily FNArena News - Australia

Regis Resources impressed in FY17, delivering strong gold production. Risks for FY18 are skewed to the upside largely because of the potential at Duketon.

Wealth manager Perpetual has revealed negative net flows in the June quarter and several brokers have become bearish on the fund manager’s growth outlook.

South32 missed expectations on several fronts in its June quarter but continues to screen well for brokers on current multiples, underpinned by a strong balance sheet.

Brokers are concerned that data centre operator NextDC may be distracted by the recent corporate activity that is besetting data centre owner, Asia-Pacific Data Centre.

Several factors are behind the underperformance of A-REITs but brokers are discounting many of them and suggest the sector presents some opportunities.

Despite the complexities in coal pricing most brokers believe Whitehaven Coal is well placed to leverage the price tension.

The number of initial public offerings has surged in 2017 but market outperformance has waned. Read all the details here.

Car dealership conglomerate AP Eagers has enjoyed a welcome bounce back in sales but brokers are not that positive on the outlook ahead.

Brokers outline their expectations for the June quarter production & sales reporting season for mining and energy companies.

Electricity prices are expected to remain elevated with gas prices having a more important role in influencing east coast electricity prices.