CIMIC Versus Downer - Neither Is Cheap but Downer Currently Represents Better Value
We think the market remains overly optimistic on the translation of strong growth in public infrastructure spending to earnings and cash flows,...
192 Views
Retain Defensive Bias as the Reluctant Rate Cutter Likely to Deliver More Stimulus
Interbank Cash Rate Futures point to a 65% probability that the RBA will cut the Overnight Cash Rate (OCR) by 25 basis points to 1.5% on...
209 Views
Australia a Risk Haven? Not Today, Mate
Speculation that Australia will lose its AAA rating due to political deadlock at the polls has probably been enhanced by the final downgrade to...
245 Views
Broadspectrum: Mattresses Up In The Air
When Ferrovial SA came out last week and announced the status of pre-conditions on its Offer for Broadspectrum, and the fact they would stick to...
232 Views
Broadspectrum: Mattress Mischief Managed
Friday after the close of trading and before the long holiday weekend, Ferrovial Services Australia - the bidding party in Ferrovial's Offer...
202 Views