ASX

Fertilizer and explosives chemicals company Incitec Pivot (ASX:IPL) has posted a better than expected profit result boosted by a rise in fertiliser prices and strong demand for mining explosives coming from the company’s Dyno Nobel business. The strong rebound in demand for mining explosives comes on the back of a global push for decarbonisation. The…

Given the dramatic falls seen in markets last week, Australia now presents a particularly compelling opportunity to capitalise on the rotation towards value. That’s the view put forward by Martin Currie, an active equities investment manager and part of the Franklin Templeton Group. Reece Birtles, Chief Investment Officer, Martin Currie Australia, says “extremely high valuations…

The Tabcorp Holdings Limited (ASX: TAH) share price tumbled 80% on Tuesday after it completed the demerger of its Lotteries and Keno (L&K) division into a separately listed ASX company. The division has been renamed The Lottery Corporation and will trade under the ticker code “TLC”. The existing Tabcorp listing will house the group’s wagering…

Inflation concerns continue to rattle markets with the RBA raising rates by 25bps at their May meeting to 35bps. Uncertainty throughout the month saw April fall by 0.8 percent bringing the total year to date (end of April) returns of the ASX 300 Accumulation Index to +10.2 percent. Ausbil Investment Management have released their Equity…

What is that white cream cricketers put on their faces and lips? You’ll be surprised to know, it’s zinc. Well zinc oxide to be exact. It’s the main and the strongest ingredient in any physical sunscreen used by cricketers. The Zinc Oxide cream is often referred to as a ‘reflector’ and isn’t absorbed by the…

It’s been a painful 2022 for the e-commerce sector, particularly former market darling Kogan (ASX: KGN). The pandemic induced retail spending surge of 2020 and 2021 is gone. Instead, households now face the scary economic reality of rising interest rates and inflation. Add in a sharp market sell-off in technology shares in addition to ongoing…

Australian dividends are back to normal. After being battered and bruised during the pandemic, many high-flying dividends were either lowered or pulled as companies feared the worst and bunkered down to save money. High paying bank dividends were slashed after APRA forced lenders to limit payouts to no more than 50% of profits amid recession…

To “Buy the Dip,” or not? There’s a lot of content out there on why this strategy is a bad one and how it traps investors. Done right however, this strategy is one of the few that can generate exponential returns.  Firstly, buying the dip is best done following a black swan event or total…

PEXA Group Ltd (ASX: PXA) is a relatively new listing on the ASX but has quickly risen to fame as one of its highest quality companies. The business owns the PEXA Exchange, which brings the Reserve Bank of Australia, state revenue offices, land registries, banks, buyers, sellers and conveyancers onto one digital platform to lodge…

“Guess who’s back? Travel’s back, baby,” says the MD of Webjet, John Guscic. And travel is back, borders are open, and people are travelling overseas. The online flight booking company is cash-flow positive and in a much better position than it was six months ago. According to brokers, this week’s FY22 result was an improvement…

Despite the media hype surrounding last week’s US rate hike, interest rates are going up but not as fast or as damaging as everyone thinks. The RBA upped rates for the first time in over 11 years by 25bps to 0.35 percent from 0.10 percent. Roughly a $65 a month increase, on a twenty-five year…

Morgans have released a summary of the key points from the recent bank reporting season. Of the banks that reported, Morgans says NAB was in line with consensus expectations, while ANZ and WBC beat consensus earnings expectations. Despite this, Morgans holds NAB as having the strongest 1H22 performance overall. NAB produced the strongest profit growth…