Other Industrials

Brokers select some key stocks to watch in the small industrial and emerging company sectors for FY14.

Forge has won a large contract at Roy Hill and brokers suggest the company has now come of age.

The first half results did not please brokers as the company is struggling under a mountain of debt and needs to refinance.

SAI Global showed some promising developments in the latest results and brokers rewarded the stock with a swathe of upgrades.

A number of issues are weighing on Incitec Pivot. None the least is the ongoing reliability of the Phosphate Hill plant.

Orica has issued a profit warning and the outlook appears to have become a lot tougher.

The government’s immediate changes to vehicle fringe benefit tax rules could wipe out a third of McMillan Shakespeare’s earnings, brokers warn.

It’s a tough backdrop for mining contractors and services providers and brokers take a look at those companies weathering the downturn at FY13 year-end, and those with more dour prospects.

Transpacific downgraded earnings forecasts for FY13, largely because of work deferrals, but brokers are confident the business will cope.

Australia’s major bank valuations may be about to unwind, while asset quality is improving. Small cap engineers are holding up, small retailers will be affected by discounting and residential building is showing positive signs.