Australian FY17 Reporting Season: When Reality Bites
Pushing up the payout ratio in a falling interest rate environment has been rewarding in the past 6 years. However, this reporting season revealed...
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Rail's Prevalence in New Contracts Could Mean the Market's Midterm Outlook Is Overdone
No-moat Downer shares have been in the ascendancy for approximately two years now, up 135% from the sub-AUD 3.00 lows in late 2015. That’s despite...
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Australia's Prime Minister - Hey Big Spender
The centrepiece of Australia's 2017-18 Budget was the announcement of the National Infrastructure Plan - Building Australia. The Coalition...
171 Views
Previously, in Event SPACE
Of interest this past week: the APN Outdoor Group Ltd (APO AU) / oOh!Media Ltd (OML AU) merger came up against a regulatory roadblock, Fuji Kiko Co...
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Downer Makes SPO Offer Final, Sets IAF, Extends, Smacks SPO. Bet on A Lower Threshold.
After Spotless Group Holdings Ltd (SPO AU) officially came out with a Target Statement saying Downer EDI Ltd (DOW AU)'s A$1.15 Offer was...
402 Views