Shares Overcook Potential for a Mining Services Turnaround
We think the market, on balance, is too optimistic on the outlook for the mining services sector, with an average 34% overvaluation for the nine...
1.9k Views
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,...
193 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...
210 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...
252 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...
238 Views