Conviction Insights represents our highest conviction calls from across our coverage universe. Following an active month of investment rating changes across our coverage list, and taking stock of reporting season, we have made 2 changes to our Conviction Insights lineup:
2nd Mar, 2021
Shaped by 3 major trends - earnings upgrades, higher dividends and strong cash generation - while earnings and dividends have been negatively impacted for the market as a whole, the February reporting season has been well-received relative to expectations.
25th Feb, 2021
As we approach the halfway point of the February reporting season, the clear trend is that corporate Australia has bounced back strongly over the second half of CY20, with the improving domestic economy translating into improved earnings and dividends.
18th Feb, 2021
The share prices of the major miners are trading at close to 12-month highs following an extraordinary 2020 that contained both a global recession and the largest global stimulus program witnessed post-war. This has investors rightly asking whether the party can continue?
11th Feb, 2021
On the cusp of February reporting season, we look at the outlook for dividends from the Australian market. With consumer discretionary and the materials sectors likely to be a source of dividend surprise during results season, this could raise a broader question around the profile of market dividends into FY22E and FY23E. In our monthly view on Australian equities, we explain why we think the market is potentially underestimating the dividend outlook, delving into:
4th Feb, 2021
Conviction Insights represents our highest conviction calls from across our coverage universe. This month we add Plenti Group (PLT) to our Conviction Insights lineup. A leading technology-focused non-bank lender focused on the personal, automotive and renewable energy sectors, its addition is driven by 3 key factors:
2nd Feb, 2021
The key question for investors ahead of the February reporting season is whether the improving outlook is appropriately priced, with the market at 20x FY21E earnings. In this week’s Australian equities outlook we:
29th Jan, 2021
Global markets over the holiday period have been in a risk-on mode as investors look through rising COVID-19 cases and lockdowns and instead focus on a vaccine-led economic re-opening, and the prospect of further fiscal stimulus – particularly from the new Biden Administration in the US. With the A$ rising in response to this risk-on mode in markets, we address whether a stronger A$ could threaten the market recovery in 2021? We cover:
21st Jan, 2021