Daily FNArena News

Pressure on revenue margins could cap Netwealth’s profitability despite strong flows.

Saracen Mineral Holdings offers gold exposure and strong production growth and, amid heightened investor interest, UBS has initiated coverage on the stock.

Brokers suggest Credit Corp’s full year guidance is achievable and growth estimates may even be conservative, given successful expansion in the US and acquisition of Baycorp.

Late in 2019, the Australian Competition and Consumer Commission (ACCC) confirmed that domestic wholesale gas prices have risen two to three times higher than historical prices.

The global legal marijuana market size is expected to reach US$66.3bn by the end of 2025. Growth will be fuelled by increasing legalisation and the growing adoption of cannabis as a pharmaceutical product for treating severe medical conditions, such as cancer, Parkinson’s disease, Alzheimer’s disease, arthritis, and other neurological conditions.

The weather has always been a favourite topic of conversation but it has now assumed an extra, substantial, dimension for investors, Saxo Group asserts.

Some constraints on coal sales to China which weighed on Coronado Global in the December quarter appear to have been alleviated with the initial US/China trade deal.

Michael Gable of Fairmont Equities suggests an index pullback would not upset the uptrend, while Commonwealth Bank is providing a buying opportunity.

Downer EDI has warned profit will be lower in FY20 than previously assumed and brokers wonder whether this will be the last of the downgrades.

While several factors combined to drive the price of graphite higher in the December quarter, brokers remain concerned this may not be enough to pull Syrah Resources out of the woods.