Other Industrials

SG Fleet is well positioned to grow both organically and via acquisitions. Citi takes the opportunity to initiate coverage on the stock.

G8 Education has jumped at the opportunity provided by a slump in Affinity Education’s share price and mounted a takeover bid.

Brokers welcome extra detail on Slater & Gordon’s new business and remain upbeat, while acknowledging the task ahead will take some time.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi believes the market is not fully appreciating the step-jump in Incitec Pivot’s cash flow ahead and the implications for increased capital management.

Qube Holdings has outlined the potential of the Moorebank Intermodal Terminal but some brokers cannot get past a downgrade to FY16 earnings forecasts.

Recent weakness in the share price has signalled to Moelis a buying opportunity in Veda Group.

Spotless Group will acquire Utility Services Group, expanding its customer base to meter reading and electricity infrastructure maintenance.

Cardno has downgraded FY15 guidance on the back of poor conditions in US and Australian markets, which suggests to many brokers dividends could be scaled back or suspended.

First half results for Dulux Group were mixed and brokers are somewhat divided as the outlook lacks clarity.

Michael Gable of Fairmont Equities notes Incitec Pivot has fallen back to support and may be set to rebound.