Consumer Discretionary

Coca-Cola Amatil has refreshed its strategy with a focus on still beverages, expanding categories in beer and coffee and growing its business in Indonesia.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Moelis believes the downside from the ASIC review has now been factored into AP Eagers and Automotive Holdings.

McPherson’s has redoubled its focus on health & beauty brands and has China in its sights. Moelis initiates coverage of the stock.

Retail network Premier Investments continues to perform well although brokers note some tough comparables will be cycled in the current half year.

JB Hi-Fi will acquire The Good Guys in a highly anticipated move expected to make the group the dominant player in the white goods and electrical retailing sector.

Brokers expect Myer’s upcoming FY16 results will reveal a contraction in margins but they remain modestly positive about sales growth and momentum of the New Myer strategy.

Sigma Pharmaceuticals is expanding its reach into hospital pharmacy while maintaining a stable base business. Brokers welcome the increased diversity.

Earnings season wrap up; apartment approvals spike; consumer spending growth; harsh outlook for Wellard; Telstra’s dividend dilemma.

Multi-brand footwear distributor and retailer RCG Corp has seen a soft start to FY17 trading but management is confident in initiatives.

Domino’s Pizza produced characteristically strong results in FY16 and brokers are upbeat about the outlook, although several question the lofty valuation that now prevails.