Consumer Discretionary

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Moelis suggests RCG Corp is presenting a buying opportunity.

Small discretionary retailers are feeling chill winds and brokers shuffle their views on the outlook for the next few months.

Wesfarmers has outlined large impairments on Target and Curragh coal mine to be taken in the FY16 accounts. Brokers were not surprised but some question whether a dividend reduction is in the offing.

Weak economic outlook; election and retailing; pay-out ratios for A-REITs; hotels & the internet; domestic gas policy; NZ general insurers.

DuluxGroup managed further market share gains in the first half but brokers are aware the housing cycle is peaking and growth may be subdued going forward.

Super Retail has cranked up its restructuring, providing further detail on its plans and receiving the nod from brokers.

HanesBrands has launched a takeover bid for Pacific Brands which brokers suspect has a high chance of success, given the multiples involved.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Moelis & Co expects a successful turnaround in the longer term for sportswear survivor Billabong but headwinds will make the going tough in the shorter term.

Contracts in Aquaculture; trends in gaming machines; comparables for McGrath; shopping malls and China; international retailers in Oz; sharing economy grows rapidly; Credit Suisse investment conference.

Shareholder returns; Amcor in Credit Suisse’s top picks; services exports; retail sales outlook, federal budget and healthcare reforms; Bell Potter initiates on Medical Developments International.