Cochlear’s (COH) results on Monday saw the share price fall 2% before recovering 3.5% yesterday and today to hit a fresh all-time high. Now up 17% since upgrading earnings guidance two weeks ago. We hold it in the growth portfolio. Prices are lofty but when adjusted for new earnings the stock valuation isn’t massively overpriced.…

BHP after the results yesterday got an unremarkable write-up from brokers. Take out the provisioning and the results were solid enough. Key points: Reported profit down from US$6.6 billion to US$927m thanks to $5.7 billion worth of charges and impairments against Samarco (US$3.2bn) and the nickel business (US$2.5bn). For those not up to date, the…

Excellent results from GMG, the stock finished yesterday up 7%. Underlying profit of $1127m, up 29% on 1H23. Earnings per Share (EPS) of 59c, up 28%. Interim dividend of 15c (still not yielding much for the year ~1%). Property occupancy remains high at 98%. Much more talk of data centre growth in this report and…

PME reported yesterday OK results but the market smashed it, finishing the session down 13%. It along with DTL are two of the more risky stocks we hold in the Growth Portfolio. Great potential, both stocks were up almost 50% since the end October “dovish pivot” until results. With more upside potential comes more volatility…

DTL results yesterday saw the stock hammered over 11%. Similar to PME it had run hard to results and they needed to be fantastic to hold up the share price. Sales up 13% vs last year and up 38% from two years ago. EPS up 25%. Interim dividend (fully franked) up 26%. Yielding 3%. Interest…

CSL results on Tuesday were OK but not great. Earnings came in line with expectations while profit beat thanks to cost reductions. The company kept guidance unchanged but currency forecasts now see the USD ending the year higher than the companies forecasts. Resulting in an ~85m headwind. Out of the three major segments, Behring, Seqirus and Vifor…

  CBA POST RESULTS (HELD IN GROWTH AND INCOME PORTFOLIOS) Lots of commentary on the CBA after yesterday’s result. The number was pretty much in line with expectations, described as “solid and clean” by Macquarie but margins were down 6bp with “further margin headwinds”. The bias is towards downgrades rather than upgrades and the result this…

CGF jumped 8.4% yesterday on good results, clawing back some of the losses in the Long Term Income Portfolio. Profit up 16% and funds under management up 18%, beating expectations. Return on equity (ROE) up an impressive 15%. Interim dividend of 13c, fully franked (up 8%). Higher than expectations but still only yielding 3.6% (5.2%…