Acquisition of Century Crop Protection Portfolio Favourable for Nufarm, No Material Change in View
We support Nufarm’s AUD 690 million acquisition of Adama and Syngenta’s Europe product portfolios (Century). However, we don’t recommend...
249 Views
Nufarm Entitlement Offer - Planting Seeds of Improvement
Nufarm Ltd (NUF AU) is looking to raise about US$349m through a 2 for 9 accelerated renounceable entitlement offer with retail rights. The...
189 Views
Our AUD 6.00 Nufarm Fair Value Estimate Stands Despite Share Price Strength
Our AUD 6.00 fair value estimate is unchanged. Nufarm shares have largely held on to the strong 40% price gains from AUD 6.30 February 2016 lows,...
201 Views
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...
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Hybrids: Have We Recovered Since February?
Back in February 2016, trading margins of ASX-listed hybrid securities widened significantly. As a result, there were a number of attractive...
153 Views