BHP drags on market, reporting season flurry, property recovers The ASX200 (ASX: XJO) fell 0.1% today solely due to a 7.1% fall in BHP Group (ASX: BHP) as investors digest the massive merger deal; the materials sector was down 3.0% as a result. Given the dual listing set up and structure of the Woodside (ASX:WPL) deal it’s hard to determine if this is…
The National Australia Bank (ASX:NAB) posted its third-quarter trading update, which was better than expected, supported by its home loans and business lending units. The bank is clearly accelerating towards second place in the Big Four, behind the clear leader, Commonwealth Bank. NAB posted an unaudited cash earnings increase of 10.3 percent to $1.7 billion…
The team at Insync Funds Management has a knack of identifying and assessing disruptors and global ‘megatrends,’ and then building a portfolio of the most profitable and innovative companies that become the winners of tomorrow. The current pace of disruption is extraordinary, and has continued during the coronavirus. Significant demographic changes are converging with the…
CSL (ASX:CSL) delivered a robust earnings result with profit up 10 per cent to US$2.375 billion ($3.3 billion), which was a slight beat on a consensus earnings expectation of US$2.33 billion ($3.2 billion). The strong result reflected CSL’s resilience and agility during the COVID-19 pandemic, through which it has been able to record strong growth…
Antipodes Global Investment Company (ASX: APL) has announced a scheme of arrangement to allow shareholders to hand in their shares in the APL listed investment company (LIC) for units in a new exchange-traded fund (ETF), Antipodes Global Shares (ASX: AGX1). The decision comes after years of the LIC trading at a discount to its net…
The Woodside Petroleum Limited (ASX: WPL) share price will be under the spotlight after announcing a merger with the oil business of BHP Group Ltd (ASX: BHP). Mega merger between BHP oil and Woodside As confirmed in BHP’s FY21 result, Woodside is going to merge with BHP’s oil business. BHP has been thinking about divesting its oil business for some time, but…
Is another market crash around the corner? This may well be the most popular question today, or at any point in the last 12 months. The simple answer is yes, a market correction (a fall of 10 per cent or more) or crash (a fall getting on for 20 per cent) is always around the…
Bob Desmond Claremont Global shares insights with Peter White from The Inside Network on ‘How has the pandemic effected your investment thinking?’
