dax, ftse advance asx spi futures up 39 points...2016/02/23  · 26/02/2016 vtg vita group limited...

13
DAX, FTSE advance ASX SPI Futures up 39 points wise-owl.com Powered by

Upload: others

Post on 27-Jun-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

DAX, FTSE advance

ASX SPI Futures up 39 points

wise-owl.comPowered by

Page 2: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

U.S. stocks rallied, with the Standard & Poor’s 500 Index closing at a

six-week high, amid broad gains as a surge in oil prices helped lessen

concern that a slowdown in global growth is deepening.

The S&P 500 rose 1.4 percent to 1,945.28 at 4 p.m. in New York, the

highest since Jan. 6 following its strongest weekly advance since

November. The benchmark is less than seven points below its average

price during the past 50 days, after falling below that level on Dec. 30.

Signs that crude prices are stabilizing, and speculation that China’s

slowdown isn’t as bad as feared have helped the gauge cut its 2016

decline in half in six trading sessions. Some of the year’s most beaten-

down shares -- including banks, semiconductor, auto and retailer

stocks -- have paced the rebound.

Commodity producers jumped to their highest levels since the start of

December, pushing European stocks to a three-week peak. The Stoxx

Europe 600 Index advanced 1.7 percent, with Glencore Plc, BHP

Billiton Ltd. and Rio Tinto Group up more than 8 percent.

U.S. Stocks Extend Last Week’s Gains; Oil Surges 6.2%

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 +1.45%

Dow Jones +1.40%

NASDAQ +1.47%

STOXX 600 +1.67%

FTSE100 +1.47%

DAX30 +1.98%

Crude Oil +6.21%

Gold -1.74%

Page 3: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

The local share market started the week strong rising 1%, lifted by

miners, banks and robust earnings results from Brambles (BXB), Nib

Holdings (NHF) or Bluescope Steel (BSL). The ASX 200 has

rebounded more than 200 points from its 2016 low to close at 5,001

points.

All sectors finished in the black with the exception of Utilities. Industrial

and resource stocks rose the strongest, up 2.2% and 1.9%

respectively.

Iron ore miner Arrium (ARI) got a much needed capital injection from

GSO Capital Partners as part of a recapitalisation plan. Bluescope

Steel lifted its interim profit to $200 million while Brambles upgraded its

guidance after posting a 2% rise in statutory profit.

Last week the market recorded its strongest week for the year gaining

3.8% for the week, amid encouraging earnings reports coupled with the

lift in crude oil prices.

ASX200 Climbs Back Above 5,000 Points

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 +0.98%

ALLORDS +0.96%

CBA +1.10%

BHP +3.43%

WBC +1.07%

NAB +0.16%

CAR +1.37%

SGP +2.58%

HVN +0.86%

Page 4: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action last week

Page 5: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

UPCOMING ANNOUNCEMENTS

Courtesy of http://www.brrmedia.com/calendar

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

23/02/2016 ISD Isentia Group Limited Isentia Group Half Year Results

23/02/2016 APZ ASPEN GROUP Aspen Group Half Year Results

24/02/2016 AWE AWE LIMITED AWE Limited Half Year Results

24/02/2016 WOR WORLEYPARSONS LIMITED WorleyParsons Half Year Results

24/02/2016 PGH PACT GROUP HOLDINGS LTD Pact Group Holdings Half Year 2016 Results

25/02/2016 SFR SANDFIRE RESOURCES NLSandfire Financial Results webcast for the six months

to 31 December

25/02/2016 MQA MACQUARIE ATLAS ROADS GROUP Macquarie Atlas Roads Full Year Results 2016

25/02/2016 IFN INFIGEN ENERGY Infigen Energy 2016 Interim Results Announcement

25/02/2016 IRE IRESS LIMITED IRESS 2015 Full Year Results announcement

26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results

1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable

2/12/2019 QBE QBE INSURANCE GROUP LIMITED Annual General Meeting

Page 6: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends & distributions

DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

AGL AGL Energy 23 Feb 2016 16 Mar 2016 32.00 100.00

AMC Amcor 23 Feb 2016 22 Mar 2016 26.73 0.00

AUI Aust. United Investment 23 Feb 2016 15 Mar 2016 15.50 100.00

DUI Diversified United Investment 23 Feb 2016 15 Mar 2016 6.50 100.00

LLC LendLease 23 Feb 2016 15 Mar 2016 30.00 0.00

MFG Magellan Financial Group 23 Feb 2016 04 Mar 2016 51.30 100.00

MOC Mortgage Choice 23 Feb 2016 11 Mar 2016 8.00 100.00

MRN Macquarie Media 23 Feb 2016 08 Mar 2016 2.00 100.00

ORG Origin Energy 23 Feb 2016 31 Mar 2016 10.00 0.00

SDM Sedgman 23 Feb 2016 07 Mar 2016 12.30 100.00

ANZPA -- 24 Feb 2016 15 Mar 2016 95.43 100.00

CGL The Citadel Group 24 Feb 2016 31 Mar 2016 4.80 100.00

Page 7: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

BXB.asx - steaming hot RKN.asx - cooling down

Shares of the logistics company Brambles

reached the highest level since the GFC

yesterday, after the company released a strong

financial result for the 1H16 period, with

underlying profit up 10% coupled with 8%

growth in sales revenue. Statutory profit after

tax grew 14% at a constant currency rate.

Shares of Reckon Limited continue to fall after

releasing a downbeat operational result for the

first half of FY16. The company’s net profit after

tax declined 14% despite a 4% rise in

revenues. The software company stated that

the result was impaired by a rise in costs

incurred to launch new products in various

markets.

Page 8: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

ECONOMIC NEWS

What to look out for:

DATE CODE COMPANY ANNOUNCEMENT

No economic news for

Australia

German GDP expected

to show a 0.3% increase

QoQ

U.S. Consumer

Confidence report due at

2am (AEDT)

Page 9: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTNIB Holdings Releases Robust Half-Yearly

Results

NIB Holdings Ltd (ASX:NHF) has released their results for the

half-year ending 31st December 2015. Supported by the Group’s

ARHI (Australia Residents Health Insurance) business, the health

insurer’s results highlighted significant improvements in

Underlying Operating Profit.

Over the course of the half-year, the group reported Statutory

Operating Profit of $59.3million, a 41% improvement to the PCP.

Along with 15.2% and 4.7% growth in Group Revenue and

Statutory NPAT, equating to $927.1 and $43.1 million respectively.

These results were particularly supported by the growth in the

group’s business segments. On an Underlying basis, the Group’s

ARHI business accounted for almost 80% of operating profit, to

$51.7million.

Read the full story here: https://www.wise-owl.com/news/nib-

holdings-releases-robust-half-yearly-results

Page 10: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

LATEST UPDATE FROM WISE-OWL

Resolute Mining Ltd (RSG)

CODE COMPANY ANNOUNCEMENTGrowth Portfolio: Resolute Mining Ltd (RSG)

ASX:RSG

Resolute Mining Ltd ("Resolute", "the Company") is an Australian

gold mining company with operations in Queensland and Africa.

Commissioned in 2009 the Syama mine in Mali produced

225,000oz during FY15. Ravenswood (QLD) was commissioned in

2004 and produced over 100,000oz in FY15.

Resolute is on course to produce over 300,000oz in FY16 and post

its second consecutive year of higher operating profit. The long-

term potential of its Resource inventory is due to be highlighted by

completion of Definitive Feasibility Studies for a mine life extension

at Syama and redevelopment of Bibiani, a ~2moz brownfield's site

acquired in 2014.

BUY | Last Price $0.46 | Target $1.10 | Stop $0.22 | Long-term

Outlook

Click Here for the Full Report

Page 11: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

OUR VIEWS AT A GLANCE

Find below a summary of Wise-owl’s current market views

CODE COMPANY ANNOUNCEMENT

The ASX 200 remains in a medium-term downtrend

We continue to focus on small-mid cap stocks

We remain cautious on the resource sector

Bullish view for European equities

There are individual opportunities on the ASX 200

Page 12: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

Wise-owl.com

Discovering the Bluechips of Tomorrow

www.wise-owl.com

Wise owl specializes in identifying emerging companies and financial market trends

very early in their life cycle. The significant capital growth that often follows has earned

wise owl a formidable reputation for discovering ‘the bluechips of tomorrow’. Investors,

executives, and institutions harness this expertise through wise owl’s research, and

capital market services.

Phone: 1300 306 308

Phone (Int.): +61 2 8031 9700

Fax: 1300 304 306

Post: Suite 4.02 Level 4,139 Macquarie St, Sydney, 2000

Email: [email protected]

Follow us on Twitter | Like us on Facebook | Linkedin

Add me on Linkedin: https://au.linkedin.com/in/herrmannsimon

Page 13: DAX, FTSE advance ASX SPI Futures up 39 points...2016/02/23  · 26/02/2016 VTG VITA GROUP LIMITED Vita Group HY Results 1/12/2019 SUN SUNCORP-METWAY LIMITED. Date Payable 2/12/2019

LICENSE & DISCLAIMER

DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

This report was produced by wise-owl.com Pty Ltd (ACN 097 446 369), which is an Australian financial services licensee (Licence no. 246670). Wise-

owl may have an investment banking or other commercial relationship with the issuer of any security or financial product in which you have an interest

by acting in various roles including as underwriter, dealer, holder of principal positions, banker, broker, lender, adviser or researcher. Wise-owl may

receive fees, commissions or other remuneration from such activities. Wise-owl.com Pty Ltd has made every effort to ensure that the information and

material contained in this report is accurate and correct and has been obtained from reliable sources. However, no representation is made about the

accuracy or completeness of the information and material and it should not be relied upon as a substitute for the exercise of independent judgment.

Except to the extent required by law, wise-owl.com Pty Ltd does not accept any liability, including negligence, for any loss or damage arising from the

use of, or reliance on, the material contained in this report. This report is for information purposes only and is not intended as an offer or solicitation

with respect to the sale or purchase of any securities. The securities recommended by wise-owl.com carry no guarantee with respect to return of

capital or the market value of those securities. There are general risks associated with any investment in securities. Investors should be aware that

these risks might result in loss of income and capital invested. Neither wise-owl.com nor any of its associates guarantees the repayment of capital.

WARNING: This report is intended to provide general financial product advice only. It has been prepared without having regard ed to or taking into

account any particular investor’s objectives, financial situation and/or needs. All investors should therefore consider the appropriateness of the advice,

in light of their own objectives, financial situation and/or needs, before acting on the advice. Where applicable, investors should obtain a copy of and

consider the product disclosure statement for that product (if any) before making any decision.

DISCLOSURE: Wise-owl.com Pty Ltd and/or its directors, associates, employees or representatives may not effect a transaction upon its or their own

account in the investments referred to in this report or any related investment until the expiry of 24 hours after the report has been published.

Additionally, wise-owl.com Pty Ltd may have, within the previous twelve months, provided advice or financial services to the companies mentioned in

this report.