JB HIFI posted solid results yesterday with the share price rising 7.1%. Sales came in line with expectations. Profit was a beat thanks to margins holding up well for JB while increasing for The Good Guys (TGG). Levels are now higher than pre-covid and forecast to remain high into the future. While costs did rise…
WOR resumed trading yesterday after a two-day halt. The company is down over 3% today having been down 5% at one point…
16th Biggest stock in the market. $43bn market cap. A REIT with a great story, excellent growth prospects and solid numbers. An industry with high barriers to entry that has seen reduced competition. Adding to the MT Growth Portfolio. GMG reported on November 6 – the results were well received. Highlights include: $12.7bn of projects…
Worley is a high-potential play on the coming energy transition, as it shifts from conventional energy to decarbonisation we’re taking a look. The numbers are good, the story is good and management is steering the company in t
Webjet (WEB) released impressive first-half financial year results on Wednesday. Bookings, revenue and profit are all now above pre-market levels. Significant growth in the WebBeds segment and positive guidance
CBA released its Q1 trading update yesterday bringing the bank results season to a close. The market reacted well despite a slight fall in net interest margin. Business banking growth was the most impre
Telstra hosted its investor day yesterday. Not too much to report following their AGM last month. The share price had a (relatively) big fall of 2% as the company reported its fi
REA released its Q1 results on Friday which brokers liked but the market didn’t. The big news was the return of positive listings growth (only 1% but up from -18% in the previous Q) and a gain in market share over Domain. We like REA and while the housing market and NASDAQ goes up so should it. BUY
Macquarie has released first half-year earnings this morning which have fallen short of expectations. The results are not terrible but not great. We are hardly dazzled but won’t go against the market. Buying in the One Stock Portfolio with a watchful eye.
