Daily FNArena News

A glance through the latest expert views and predictions about commodities. Oil; aluminium; alumina; and Australian gold miners.

TechnologyOne has guided to FY18 profit growth of 10-15%, which suggests a substantial turnaround is required in its consulting division.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Morgan Stanley tackles the outlook for AMP, suggesting it may be time to review purchasing the stock.

Seven Group Holdings has reiterated upgraded FY18 guidance and briefed investors on its WesTrac and Coates Hire operations.

Michael Gable of Fairmont Equities notes Senex Energy has broken resistance and is set to head higher.

Peter Switzer of the Switzer Super Report argues the case for, and against, the ASX200 reaching 7000 in 2018.

CSL is benefiting as new products replace older lines and new specialty treatments come on board, upgrading guidance and widening the margin outlook as costs are lowered.

Strong demand for a number of metal detection and mining solution products has driven Codan to upgrade guidance, providing validation for a positive outlook from several brokers.

Craig Parker of Moat Capital suggests the run-up for materials will ease to weigh on the index.

Brokers are relieved at how Treasury Wine Estates dealt with speculation that inventory was building up in China. Nevertheless, they disagree on valuation.