ASX shakes off sentiment, IT recovery, Charter Hall, Reliance deliver records The ASX200 (ASX: XJO) shook off a rare negative week to open 0.4% higher on Monday. The IT and property sectors, up 1.7 and 0.9% respectively were the key contributors as reporting season continued. Energy remains under pressure with Ampol (ASX: ALD) down 4.8% on a weaker earnings report and…
16-20 August 2021 What we think… Locally, reporting season shifts into fifth gear and enters its second last week of reporting season. According to FN Arena, 128 companies have reported with 39.1% (50) beats, 41.4% (53) in line and 19.5% (25) misses. Overall, 80.5% of companies were able to post a profit result that was…
Bob Desmond from Claremont Global shares insights with Peter White from The Inside Network on ‘how do you intend to maintain Fund’s successful strategy?’
Property group Home Consortium (ASX: HMC), or HomeCo for short, will soon list its new healthcare real estate investment trust (REIT), called HealthCo Healthcare and Wellness REIT (ASX: HCW) on the ASX, raising $650 million. It is another major step from the renowned management team, which floated the original business at a time that many…
Could the Fortescue Metals Group Limited (ASX: FMG) share price be worth looking at for its 24% dividend yield? Fortescue’s huge dividend yield? The iron ore giant is expected to pay a huge dividend in FY22, which is the financial year we’re now in. CommSec’s data suggests a dividend of $3.38 per share in FY22. That’s a…
In a world awash with exchange traded funds and thematic strategies, there is a shrinking group of fund managers willing to be different. In equity markets, being different is best measured against key benchmark indices like the S&P500 or MSCI, using measures like active share or tracking error. Such has been the strength of these…
What a week of ASX Reporting Season! We had the three biggest companies in Australia report FY21 results, each surprising the market in its own way. A pizza retailer was the best performer, a winemaker defied the odds, and everyone’s friendly neighbourhood fund manager disappointed. If you’ve been hiding under a rock, here’s your 5-minute update…
